v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income Attributable to Common Shareowners $ 31,902 $ 26,707
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:    
Provision for Credit Losses 1,388 2,124
Depreciation 3,676 4,050
Amortization of Premiums, Discounts and Fees, net 2,272 1,842
Amortization of Intangible Asset 80 80
Originations of Loans Held-for-Sale (218,167) (241,631)
Proceeds From Sales of Loans Held-for-Sale 232,204 249,378
Mortgage Banking Revenues (8,010) (7,259)
Net Additions for Capitalized Mortgage Servicing Rights 44 134
Stock Compensation 925 715
Net Tax Benefit from Stock-Based Compensation (154) 0
Deferred Income Taxes (Benefit) 1,391 (1,346)
Net Change in Operating Leases (33) 195
Net Gain on Sales and Write-Downs of Other Real Estate Owned (4,514) 0
Net Decrease in Other Assets 5,124 1,425
Net Increase in Other Liabilities 6,363 3,170
Net Cash Provided By Operating Activities 54,491 39,584
Securities Held to Maturity:    
Purchases (47,841) (3,944)
Proceeds from Payments, Maturities, and Calls 152,124 45,849
Securities Available for Sale:    
Purchases (155,436) (5,661)
Proceeds from Payments, Maturities, and Calls 32,471 32,169
Equity Securities:    
Purchases (60) 0
Net Decrease (Increase) in Equity Securities 94 (10)
Purchases of Loans Held for Investment (304) (302)
Proceeds from Sales of Loans 25,696 19,176
Net (Increase) Decrease in Loans Held for Investment (4,047) 24,288
Proceeds From Sales of Other Real Estate Owned 7,341 0
Purchases of Premises and Equipment (4,222) (4,198)
Net Cash Provided by Investing Activities 5,816 107,367
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Increase (Decrease) in Deposits 32,876 (93,258)
Net Increase (Decrease) in Short-Term Borrowings 6,237 (9,571)
Redemption of Subordinated Notes (10,305) 0
Net Increase (Decrease) in Other Long-Term Borrowings 0 694
Dividends Paid (8,186) (7,110)
Payments to Repurchase Common Stock 0 (2,330)
Proceeds from Issuance of Common Stock Under Purchase Plans 619 536
Net Cash Provided By (Used In) Financing Activities 21,241 (111,039)
NET INCREASE IN CASH AND CASH EQUIVALENTS 81,548 35,912
Cash and Cash Equivalents at Beginning of Period 391,854 312,067
Cash and Cash Equivalents at End of Period 473,402 347,979
Supplemental Cash Flow Disclosures:    
Interest Paid 16,543 17,153
Income Taxes Paid 3,220 3,005
Supplemental Noncash Items:    
Loans and Premises Transferred to Other Real Estate Owned 2,592 649
Loans Transferred from Held for Investment to Held for Sale, net $ 22,232 $ 15,475

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