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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 71,109 $ 52,987 $ 53,844
Adjustments to reconcile net income to net cash provided by operating activities:      
Net amortization (accretion) of premiums and discounts on investments 6,551 8,433 7,184
Provision for credit losses (2,025) 2,466 10,528
Securities gains (3) (114) (233)
Depreciation and amortization 6,111 6,154 6,092
Provision for deferred income taxes (3,150) (1,568) (3,768)
Net change in accrued interest receivable (4,342) 982 1,566
Contribution of shares to ESOP 1,451 1,402 1,471
Restricted stock compensation 825 807 820
Gain on sale of mortgage loans (1,994) (5,003) (6,626)
(Gain) Loss on sale of other real estate 55 18 (761)
Origination of loans held for sale (65,412) (115,144) (165,524)
Proceeds from loans held for sale 69,946 123,079 170,834
Other, net (335) (19,432) 1,998
NET CASH FROM OPERATING ACTIVITIES 78,787 55,067 77,425
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from sales of securities available-for-sale   9,369 28,161
Calls, maturities and principal reductions on securities available-for-sale 179,597 262,209 260,631
Purchases of securities available-for-sale (345,201) (589,802) (365,998)
Proceeds from loans sold previously classified as portfolio loans 12,802    
Loans made to customers, net of repayment (271,503) 31,628 53,144
Net change in federal funds sold (9,066) 10,463 7,199
Purchase of bank owned life insurance   (10,000)  
Redemption of restricted stock 1,871   600
Purchase of restricted stock (1,049) (25) (18)
Cash received (disbursed) from acquisitions   (23,092)  
Proceeds from sales of other real estate owned 286 929 3,941
Additions to premises and equipment (1,426) (3,835) (3,908)
NET CASH FROM INVESTING ACTIVITIES (433,689) (312,156) (16,248)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net change in deposits (39,547) 367,985 481,728
Net change in short-term borrowings (22,499) (22,687) 35,942
Dividends paid (14,459) (14,181) (14,273)
Purchase of treasury stock (27,701) (42,471) (9,220)
Proceeds from other borrowings     16,700
Repayments on other borrowings (6,402) (1,000) (42,010)
NET CASH FROM FINANCING ACTIVITIES (110,608) 287,646 468,867
NET CHANGE IN CASH AND CASH EQUIVALENTS (465,510) 30,557 530,044
CASH AND DUE FROM BANKS, BEGINNING OF PERIOD 688,027 657,470 127,426
CASH AND DUE FROM BANKS, END OF PERIOD 222,517 688,027 657,470
SUPPLEMENTAL DISCLOSURES OF CASH FLOW AND NONCASH INFORMATION:      
Interest 18,463 9,144 14,845
Income Taxes $ 13,525 $ 15,025 $ 7,549