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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Statement of Cash Flows [Abstract]    
Net Cash Provided by Operating Activities $ 77,704 $ 153,301
INVESTING ACTIVITIES    
Purchases of securities (31,725) (311,969)
Proceeds from maturities, prepayments and calls of securities 61,532 79,759
(Redemption) purchases of Federal Home Loan Bank stock (8,236) 1,570
Net increase in loans (149,109) (45,440)
Proceeds from sale of portfolio loans 8,333 4,326
Proceeds from sale of other real estate owned 24 0
Purchases of premises and equipment (2,687) (1,556)
Proceeds from the sale of premises and equipment 705 131
Proceeds from life insurance settlement 338 0
Net Cash Used in Investing Activities (120,825) (273,179)
FINANCING ACTIVITIES    
Net decrease in core deposits (477,313) (277,322)
Net increase (decrease) in certificates of deposit 398,591 (106,915)
Net increase (decrease) in short-term borrowings 160,000 (45,232)
Proceeds from long-term borrowings 25,000 0
Repayments on long-term borrowings (228) (442)
Repurchase of shares for taxes on restricted stock (482) (434)
Cash dividends paid to common shareholders (24,781) (23,145)
Repurchase of common stock (19,808) (4,153)
Net Cash Provided by (Used in) Financing Activities 60,979 (457,643)
Net increase (decrease) in cash and cash equivalents 17,858 (577,521)
Cash and cash equivalents at beginning of period 210,009 922,215
Cash and Cash Equivalents at End of Period 227,867 344,694
Supplemental Disclosures    
Right of use assets obtained in exchange for lease obligations 1,846 0
Cash paid for interest 41,359 5,028
Cash paid for income taxes, net of refunds 23,625 12,225
Transfers of loans to other real estate owned $ 29 $ 0