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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities    
Net (loss) income $ (22,482) $ 11,482
Items not requiring (providing) cash:    
Provision for credit losses 43,786 212
Depreciation 1,631 1,031
Amortization of mortgage servicing rights, net of impairment charges/recoveries 5,648 399
Amortization of core deposit and other intangible assets 1,245 299
Net accretion of premiums and discounts on loans and deposits (1,745) (155)
Amortization of premiums and discounts on securities 633 285
Change in deferred taxes 77 155
Proceeds from the sale of loans held for sale 101,090 38,910
Originations of loans held for sale (110,026) (37,513)
Gain from sale of loans (5,136) (1,390)
Loss on sale or write down of property plant and equipment 0 10
Gain/loss on sale / write-down of real estate and other assets held for sale 10 249
Stock option expense 1,236 11
Restricted stock vesting (1,496) (311)
Income from bank owned life insurance (781) (392)
Excess tax benefit on stock compensation plans   (105)
Changes in:    
Accrued interest receivable (438) (1,539)
Other assets (2,416) (3,609)
Other liabilities 2,525 1,662
Net cash provided by operating activities 13,361 9,691
Investing Activities    
Proceeds from maturities, calls and pay-downs of available-for-sale securities 19,389 6,673
Proceeds from sale of premises and equipment, real estate and other assets held for sale 481 161
Proceeds from sale of non-mortgage loans 3,241 1,749
Purchases of available-for-sale securities   (8,172)
Purchases of Federal Home Loan stock (64,584)  
Proceeds from Federal Home Loan stock redemption   1,982
Net cash from acquisition 52,448  
Purchases of premises and equipment, net (722) (793)
Net increase in loans receivable (44,623) (10,959)
Net cash used by investing activities (34,370) (9,359)
Financing Activities    
Net increase in deposits and advance payments by borrowers 34,437 64,201
Net Proceeds from (repayment of) Federal Home Loan Bank advances 19,937 (30,031)
Decrease in securities sold under repurchase agreements (1,038) (2,228)
Net cash paid for repurchase of common stock (10,078) (15,147)
Proceeds from exercise of stock options   185
Proceeds from direct stock sales   31
Cash dividends paid on common stock (8,286) (3,788)
Net cash provided by financing activities 34,972 13,223
Increase in cash and cash equivalents 13,963 13,555
Cash and cash equivalents at beginning of period 131,254 98,962
Cash and cash equivalents at end of period 145,217 112,517
Supplemental cash flow information:    
Interest paid 9,028 5,593
Initial recognition of right-of-use asset 8,994 8,808
Initial recognition of lease liability 9,143 9,339
Initial recognition of ASC 326 2,566  
Transfers from loans to real estate and other assets held for sale $ 37 $ 146