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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 98,905 $ 60,582 $ 57,408
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 5,359 5,333 5,225
Provision for credit losses 3,486 55,704 7,066
Deferred income taxes 15,272 (14,530) 6,364
Stock-based compensation expense 2,352 2,150 2,469
Deferred compensation expense accrued 4,580 3,821 2,773
(Gains) losses on other real estate owned, net (1,754) (317) 3,361
Amortization of premiums on securities, net 1,933 969 1,561
Caplet amortization 697 551  
Mark to market gains on unhedged derivatives, net (170)    
Securities (gains) losses, net 88 (2,484) 30
Loans originated for sale (204,449) (236,734) (151,692)
Proceeds on sales of loans 209,003 241,553 152,633
Gains on sales of residential real estate loans (4,397) (4,680) (2,571)
Gains on sales of government guaranteed portions of loans (227) (224) (748)
Loss on liability extinguishment, net   3,907 436
Losses (gains) on sales and disposals of premises and equipment 1,059 (19) 753
Amortization of intangibles 2,032 2,149 2,266
Accretion of acquisition fair value adjustments, net (1,340) (3,271) (4,344)
Increase in cash value of bank-owned life insurance (1,838) (1,904) (1,973)
Loss (gain) on sale of subsidiary/certain assets and liabilities of subsidiary   158 (12,286)
Goodwill impairment   500 3,000
Increase in other assets (47,006) (9,445) (19,152)
Increase in other liabilities 4,633 8,408 23,915
Net cash provided by operating activities 88,218 112,177 76,494
CASH FLOWS FROM INVESTING ACTIVITIES      
Net decrease (increase) in federal funds sold (3,290) 720 16,598
Net decrease (increase) in interest-bearing deposits at financial institutions 11,304 61,295 (69,984)
Proceeds from sales of other real estate owned 4,742 4,477 840
Activity in securities portfolio:      
Purchases (173,204) (356,127) (71,963)
Calls, maturities and redemptions 106,442 53,007 25,193
Paydowns 65,410 47,313 50,830
Sales 23,874 38,562 30,055
Activity in restricted investment securities:      
Purchases (1,280) (4,600) (5,859)
Redemptions 30 9,749 7,621
Proceeds from the liquidation of bank-owned life insurance   10,999  
Net increase in loans/leases originated and held for investment (433,544) (564,748) (320,368)
Purchase of premises and equipment (13,981) (4,268) (12,429)
Proceeds from sales of premises and equipment 1,726 101 2,562
Purchase of derivatives     (4,347)
Payment for termination of derivative   (808)  
Net cash transferred In sale of subsidiary   (154) 42,587
Net cash used in investing activities (411,771) (704,482) (308,664)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase in deposit accounts 323,635 716,898 335,580
Net decrease in short-term borrowings (1,630) (7,993) (14,193)
Activity in Federal Home Loan Bank advances:      
Term advances   125,000 25,000
Calls and maturities   (121,600) (35,000)
Net change in short-term and overnight advances   (94,300) (52,465)
Prepayments   (55,274) (30,323)
Activity in other borrowings:      
Calls, maturities and scheduled principal payments     (11,937)
Prepayments     (46,313)
Paydown of revolving line of credit     (9,000)
Prepayments on brokered and public time deposits   (29,153)  
Prepayments of subordinated notes (5,000)    
Proceeds from subordinated notes   50,000 63,393
Payment of cash dividends on common stock (3,793) (3,779) (3,767)
Proceeds from issuance of common stock, net 670 1,360 1,926
Repurchase and cancellation of shares (14,168) (3,779)  
Net cash provided by financing activities 299,714 577,380 222,901
Net decrease in cash and due from banks (23,839) (14,925) (9,269)
Cash and due from banks, beginning 61,329 76,254 85,523
Cash and due from banks, ending 37,490 61,329 76,254
Supplemental disclosure of cash flow information, cash payments for:      
Interest 23,373 32,178 59,292
Income/franchise taxes 48,988 24,567 2,719
Supplemental schedule of noncash investing activities:      
Change in accumulated other comprehensive income, unrealized losses on securities available for sale and derivative instruments, net 176 2,474 4,446
Change in retained earnings from adoption of ASU 2016-13 (937)    
Transfers of loans to other real estate owned 2,962 51 1,086
Due to broker for purchases of securities 1,000    
Increase (decrease) in the fair value of back-to-back interest rate swap assets and liabilities (1,376) 137,752 62,483
Dividends payable $ 935 947 947
Supplemental disclosure of cash flow information for sale of subsidiary/certain assets and certain liabilities of subsidiary:      
Cash proceeds**   195 46,560
Assets Sold:      
Cash and due from banks   349 3,973
Interest-bearing deposits at financial institutions     55,291
Securities held to maturity, at amortized cost     3,243
Securities available for sale, at fair value     21,874
Loans/leases receivable held for investment, net     357,931
Premises and equipment, net   19 5,612
Restricted investment securities     675
Other real estate owned, net     2,134
Other assets   2,259 3,228
Total assets sold   2,627 453,961
Liabilities Sold:      
Noninterest-bearing deposits     69,802
Interest-bearing deposits     331,486
Short-term borrowings     1,158
Federal Home Loan Bank advances     15,000
Other liabilities   946 2,241
Total liabilities sold   946 419,687
Net Assets Sold   1,681 34,274
Forgiveness of earn-out consideration   880  
Note receivable consideration   448  
Bates Companies      
Activity in restricted investment securities:      
Net cash transferred In sale of subsidiary   (154)  
RB&T Company      
Activity in restricted investment securities:      
Net cash transferred In sale of subsidiary     42,600
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Bates Companies      
Supplemental schedule of noncash investing activities:      
Consideration received on sale of the Bates Companies   1,523  
Bates Companies      
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill impairment   $ 500 $ 3,000