CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 28,106	$ 16,418
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses*	2,398	11,353	[1]
Depreciation of premises and equipment	1,361	1,435
Stock-based compensation	885	736
Amortization of investment securities premiums and accretion of discounts, net	1,734	717
Amortization of mortgage servicing rights	590	409
Mortgage servicing rights impairment recoveries	(42)	0
Amortization of right of use assets	1,133	704
Deferred income taxes	2,452	(2,941)
Gains on investment securities available-for-sale	0	(280)
Originations of loans held for sale, net of principal collected	(85,661)	(33,104)
Proceeds from the sales of loans held for sale	91,720	41,699
Net gain on sale of loans held for sale	(2,525)	(1,767)
Net gain on sale of other real estate and repossessions	(141)	(23)
Change in interest receivable	(142)	(702)
Change in interest payable	265	(199)
Change in other assets	(7,843)	(826)
Change in other liabilities	4,519	(6,237)
Other	(93)	486
Net Cash Provided by (Used in) Operating Activities	42,489	33,305
Investing activities:
Proceeds from sales of investment securities available-for-sale	0	5,578
Proceeds from maturities and paydowns of investment securities available-for-sale	119,692	121,353
Purchases of investment securities available-for-sale	(229,957)	(127,517)
Net change in partnership investments	(1,142)	(12,904)
Loans sold or participated to others	3,813	2,863
Proceeds from principal payments on direct finance leases	7,317	9,682
Net change in loans and leases	(49,255)	(59,609)
Net change in equipment owned under operating leases	(128)	5,019
Purchases of premises and equipment	(280)	(1,659)
Proceeds from disposal of premises and equipment	5	12
Proceeds from sales of other real estate and repossessions	697	764
Net Cash Provided by (Used in) Investing Activities	(149,238)	(56,418)
Financing activities:
Net change in demand deposits and savings accounts	271,650	(57,476)
Net change in time deposits	(86,337)	(23,939)
Net change in short-term borrowings	29,960	136,952
Proceeds from issuance of long-term debt	0	10,000
Payments on long-term debt	(2,035)	(1,917)
Acquisition of treasury stock	(6,621)	0
Net change in noncontrolling interests	639	6,041
Cash dividends paid on common stock	(7,600)	(7,614)
Net change in financing activities	199,656	62,047
Net change in cash and cash equivalents	92,907	38,934
Cash and cash equivalents, beginning of year	243,047	83,365
Cash and cash equivalents, end of period	335,954	122,299
Non-cash transactions:
Loans transferred to other real estate and repossessed assets	839	1,268
Common stock matching contribution to Employee Stock Ownership and Profit Sharing Plan	715	622
Right of use assets obtained in exchange for lease obligations	46	31
Leased equipment
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of equipment owned and leased to others	$ 3,773	$ 5,427

[1] *ASU 2016-13 adopted during the fourth quarter of 2020 therefore March 31, 2020 provision amount reflects the incurred loss method.