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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 34,374 $ 16,330
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 3,859 11,576
Depreciation, amortization and accretion, net 7,653 6,549
Change in cash surrender value of bank owned life insurance (1,720) (1,398)
Stock-based compensation expense 909 524
Operating lease payments (1,517) (1,467)
Gain on investment securities, net (2) (77)
Loss on sales and write downs of other real estate owned, net 69 3,043
Loss on sale of loans 76 0
Loss (gain) on sale of other assets 85 (151)
Gain on sale of loans held for sale, net (712) (2,355)
(Increase) decrease in accrued interest receivable (1,683) 3,128
Decrease in accrued interest payable (127) (1,186)
Origination of loans held for sale (34,438) (75,532)
Proceeds from sale of loans held for sale 36,612 73,830
Increase in other investment (460) (414)
Increase in other assets (13,402) (43,138)
(Decrease) increase in other liabilities (9,465) 12,102
Net cash provided by operating activities 20,111 1,364
Cash flows from investing activities:    
Proceeds from maturities of certificates of deposit investments 735 245
Proceeds from sales of securities available-for-sale 0 611
Proceeds from maturities of securities available-for-sale 82,525 131,720
Proceeds from maturities of securities held-to-maturity 5,000 0
Purchases of securities available-for-sale (10,768) (370,962)
Net (increase) decrease in loans (236,593) 173,989
Purchases of premises and equipment (2,760) (1,562)
Proceeds from sales of other real property owned 782 8,418
Investment in banked owned life insurance 0 (30,000)
Net cash provided by acquisition 67,323 24,409
Net cash used in investing activities (93,756) (63,132)
Cash flows from financing activities:    
Net (decrease) increase in deposits (197,885) 56,128
Increase in federal funds purchased 10,000 0
Decrease in repurchase agreements (6,857) (55,543)
Proceeds from FHLB advances 325,000 5,000
Repayment of FHLB advances (80,000) (14,000)
Proceeds from issuance of common stock 823 432
Direct expenses related to capital transactions (29) 0
Purchase of treasury stock (11) 0
Dividends paid on common stock (8,454) (6,789)
Net cash provided by (used in) financing activities 42,587 (14,772)
Decrease in cash and cash equivalents (31,058) (76,540)
Cash and cash equivalents at beginning of period 168,602 417,281
Cash and cash equivalents at end of period 137,544 340,741
Cash paid during the period for:    
Interest 7,764 8,454
Income taxes 18,880 9,996
Supplemental disclosures of noncash investing and financing activities    
Loans transferred to other real estate 198 197
Fixed assets transferred to real estate owned 0 3,971
Initial recognition of right-of-use assets 715 0
Initial recognition of lease liabilities 715 0
Dividends reinvested in common stock 0 332
Net tax benefit related to option and deferred compensation plans 0 355
LINCO Bancshares, Inc.    
Supplemental disclosures of noncash investing and financing activities    
Fair value of assets acquired 750,063 1,170,699
Cash paid 15,150 103,500
Common stock issued 92,172 44,191
Total consideration paid 107,322 147,691
Fair value of liabilities assumed $ 642,741 $ 1,023,008