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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Cash Flows From Operating Activities:          
Net income $ 6,805,000 $ 5,781,000 $ 20,902,000 $ 18,765,000  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     9,340,000 8,391,000  
Gains on sales of securities     (44,000) (1,069,000)  
Stock-based compensation expense 1,066,000 799,000 2,585,000 2,277,000  
Provision for (release of) credit losses / loan losses 340,000 0 (870,000) 725,000  
Decrease in deferred income tax asset     22,000 1,000  
Increase in current income tax liability     79,000 527,000  
(Decrease) increase in pension liability     (1,252,000) 3,315,000  
(Increase) decrease in accounts receivable     (628,000) 1,339,000  
Other operating activities, net     546,000 5,790,000  
Net cash provided by operating activities     30,680,000 40,061,000  
Cash Flows From Investing Activities:          
Proceeds from sales of securities available-for-sale 30,074,000 0 43,190,000 19,629,000  
Proceeds from maturities of securities available-for-sale     83,265,000 43,605,000  
Purchase of securities available-for-sale     (322,336,000) (2,931,000)  
Net decrease (increase) in loans     19,229,000 (171,902,000)  
Purchase of bank-owned life insurance     (24,868,000) 0  
(Increase) decrease in payments in excess of funding     (71,816,000) 44,766,000  
Purchases of premises and equipment, net     (2,697,000) (1,705,000)  
Net cash used in investing activities     (276,033,000) (68,538,000)  
Cash Flows From Financing Activities:          
Net (decrease) increase in noninterest-bearing demand deposits     (26,184,000) 23,290,000  
Net increase in interest-bearing demand and savings deposits     67,930,000 136,639,000  
Net decrease in time deposits     (5,285,000) (5,881,000)  
Net increase in accounts and drafts payable     70,099,000 146,280,000  
Net decrease in short-term borrowings     0 (18,000,000)  
Cash dividends paid     (11,576,000) (11,704,000)  
Purchase of common shares for treasury     (18,975,000) (5,508,000)  
Other financing activities, net     (875,000) (1,142,000)  
Net cash provided by financing activities     75,134,000 263,974,000  
Net (decrease) increase in cash and cash equivalents     (170,219,000) 235,497,000  
Cash and cash equivalents at beginning of period     670,528,000 203,954,000 $ 203,954,000
Cash and cash equivalents at end of period $ 500,309,000 $ 439,451,000 500,309,000 439,451,000 $ 670,528,000
Supplemental information:          
Cash paid for interest     885,000 1,889,000  
Cash paid for income taxes     $ 4,176,000 $ 3,567,000