Quarterly report pursuant to Section 13 or 15(d)

BUSINESS AND BASIS OF PRESENTATION (Restatment Impact of Consolidated Statement of Cash Flows) (Details)

v3.23.4
BUSINESS AND BASIS OF PRESENTATION (Restatment Impact of Consolidated Statement of Cash Flows) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income Attributable to Common Shareowners $ 14,174 $ 7,260 $ 27,883 $ 14,198
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:        
Provision for Credit Losses 2,197 1,692 5,296 1,724
Depreciation     3,927 3,802
Amortization of Premiums, Discounts and Fees, net     2,117 5,053
Amortization of Intangible Asset     80 80
Pension Plan Settlement (Gain) Charge     (291) 378
Originations of Loans Held-for-Sale     (214,364) (549,018)
Proceeds From Sales of Loans Held-for-Sale     202,848 585,476
Mortgage Banking Revenues     (6,234) (8,912)
Net Additions for Capitalized Mortgage Servicing Rights     (253) 360
Stock Compensation 228 244 764 489
Net Tax Benefit From Stock-Based Compensation     0 (19)
Deferred Income Taxes     (2,849) (9,887)
Net Change in Operating Leases     (3) (72)
Net Gain on Sales and Write-Downs of Other Real Estate Owned     (1,900) (26)
Net Decrease in Other Assets     4,593 3,516
Net Increase in Other Liabilities     3,815 22,040
Net Cash Provided By Operating Activities     25,429 69,182
Securities Held to Maturity:        
Purchases     0 (218,548)
Proceeds from Payments, Maturities, and Calls     18,992 28,111
Securities Available for Sale:        
Purchases     (4,634) (37,044)
Proceeds from Sale of Securities     0 3,365
Proceeds from Payments, Maturities, and Calls     32,490 47,413
Purchases of Loans Held for Investment     (201,000) (174,779)
Net Decrease (Increase) in Loans Held for Investment     61,293 (130,913)
Purchases of Premises and Equipment     (3,851) (3,322)
Proceeds From Sales of Other Real Estate Owned     3,772 30
Noncontrolling Interest Contributions     0 2,573
Net Cash Used In Investing Activities     (92,938) (483,114)
CASH FLOWS FROM FINANCING ACTIVITIES        
Net (Decrease) Increase in Deposits     (150,451) 73,396
Net (Decrease) Increase in Short-Term Borrowings     (6,120) 4,784
Repayment of Other Long-Term Borrowings     (99) (150)
Dividends Paid     (6,121) (5,424)
Payments to Repurchase Common Stock     (2,022) 0
Proceeds from Issuance of Common Stock Under Purchase Plans     480 496
Net Cash (Used In) Provided by Financing Activities     (164,333) 73,102
NET DECREASE IN CASH AND CASH EQUIVALENTS     (231,842) (340,830)
Cash and Cash Equivalents at Beginning of Period     600,650 1,035,354
Cash and Cash Equivalents at End of Period 368,808 694,524 368,808 694,524
Supplemental Cash Flow Disclosures:        
Interest Paid     8,720 1,617
Income Taxes Paid     3,860 3,765
Noncash Investing and Financing Activities:        
Loans Transferred to Other Real Estate Owned     1,442 77
Scenario Previously Reported [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income Attributable to Common Shareowners 14,551 8,713 29,505 17,168
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:        
Provision for Credit Losses 2,219 1,542 5,349 1,542
Depreciation     3,927 3,802
Amortization of Premiums, Discounts and Fees, net     2,260 5,545
Amortization of Intangible Asset     80 80
Pension Plan Settlement (Gain) Charge     (291) 378
Originations of Loans Held-for-Sale     (209,775) (573,239)
Proceeds From Sales of Loans Held-for-Sale     209,334 595,074
Mortgage Banking Revenues     (12,832) (18,011)
Net Additions for Capitalized Mortgage Servicing Rights     (859) 1,358
Stock Compensation 228 244 764 489
Net Tax Benefit From Stock-Based Compensation     0 (19)
Deferred Income Taxes     (2,298) (8,879)
Net Change in Operating Leases     (3) (72)
Net Gain on Sales and Write-Downs of Other Real Estate Owned     (1,900) (26)
Net Decrease in Other Assets     4,492 845
Net Increase in Other Liabilities     3,815 22,040
Net Cash Provided By Operating Activities     31,568 48,075
Securities Held to Maturity:        
Purchases     0 (218,548)
Proceeds from Payments, Maturities, and Calls     18,992 28,111
Securities Available for Sale:        
Purchases     (4,634) (37,044)
Proceeds from Sale of Securities     0 3,365
Proceeds from Payments, Maturities, and Calls     32,490 47,413
Purchases of Loans Held for Investment     (201,000) (174,779)
Net Decrease (Increase) in Loans Held for Investment     55,154 (109,806)
Purchases of Premises and Equipment     (3,851) (3,322)
Proceeds From Sales of Other Real Estate Owned     3,772 30
Noncontrolling Interest Contributions     0 2,573
Net Cash Used In Investing Activities     (99,077) (462,007)
CASH FLOWS FROM FINANCING ACTIVITIES        
Net (Decrease) Increase in Deposits     (150,451) 73,396
Net (Decrease) Increase in Short-Term Borrowings     (6,120) 4,784
Repayment of Other Long-Term Borrowings     (99) (150)
Dividends Paid     (6,121) (5,424)
Payments to Repurchase Common Stock     (2,022) 0
Proceeds from Issuance of Common Stock Under Purchase Plans     480 496
Net Cash (Used In) Provided by Financing Activities     (164,333) 73,102
NET DECREASE IN CASH AND CASH EQUIVALENTS     (231,842) (340,830)
Cash and Cash Equivalents at Beginning of Period     600,650 1,035,354
Cash and Cash Equivalents at End of Period 368,808 $ 694,524 368,808 694,524
Supplemental Cash Flow Disclosures:        
Interest Paid     8,720 1,617
Income Taxes Paid     3,860 3,765
Noncash Investing and Financing Activities:        
Loans Transferred to Other Real Estate Owned     1,442 $ 77
Restatement Adjustment [Member]        
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income Attributable to Common Shareowners (377)   (1,622)  
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:        
Provision for Credit Losses (22)   (53)  
Depreciation     0  
Amortization of Premiums, Discounts and Fees, net     (143)  
Amortization of Intangible Asset     0  
Pension Plan Settlement (Gain) Charge     0  
Originations of Loans Held-for-Sale     (4,589)  
Proceeds From Sales of Loans Held-for-Sale     (6,486)  
Mortgage Banking Revenues     6,598  
Net Additions for Capitalized Mortgage Servicing Rights     606  
Stock Compensation     0  
Deferred Income Taxes     (551)  
Net Change in Operating Leases     0  
Net Gain on Sales and Write-Downs of Other Real Estate Owned     0  
Net Decrease in Other Assets     101  
Net Increase in Other Liabilities     0  
Net Cash Provided By Operating Activities     (6,139)  
Securities Held to Maturity:        
Proceeds from Payments, Maturities, and Calls     0  
Securities Available for Sale:        
Purchases     0  
Proceeds from Payments, Maturities, and Calls     0  
Purchases of Loans Held for Investment     0  
Net Decrease (Increase) in Loans Held for Investment     6,139  
Purchases of Premises and Equipment     0  
Proceeds From Sales of Other Real Estate Owned     0  
Net Cash Used In Investing Activities     6,139  
CASH FLOWS FROM FINANCING ACTIVITIES        
Net (Decrease) Increase in Deposits     0  
Net (Decrease) Increase in Short-Term Borrowings     0  
Repayment of Other Long-Term Borrowings     0  
Dividends Paid     0  
Payments to Repurchase Common Stock     0  
Proceeds from Issuance of Common Stock Under Purchase Plans     0  
Net Cash (Used In) Provided by Financing Activities     0  
NET DECREASE IN CASH AND CASH EQUIVALENTS     0  
Cash and Cash Equivalents at Beginning of Period     0  
Cash and Cash Equivalents at End of Period $ 0   0  
Supplemental Cash Flow Disclosures:        
Interest Paid     0  
Income Taxes Paid     0  
Noncash Investing and Financing Activities:        
Loans Transferred to Other Real Estate Owned     $ 0