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FY2025
12 months to Dec 31, 2025
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FY2024
12 months to Dec 31, 2024
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FY2023
12 months to Dec 31, 2023
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FY2022
12 months to Dec 31, 2022
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FY2021
12 months to Dec 31, 2021
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|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||
| Net income | |||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||
| Provision for credit losses | |||||
| Depreciation and amortization | |||||
| Net amortization on securities | |||||
| Amortization (accretion) of net premium/discount on purchased loans | |||||
| Amortization of investments in tax credit funds | |||||
| Loss on sale of securities, net | |||||
| Equity method investment loss (gain) | |||||
| Deferred income tax (benefit) expense | |||||
| Stock-based compensation expense | |||||
| Originations of mortgage loans held for sale | |||||
| Proceeds from mortgage loans held for sale | |||||
| Gain on mortgage loans held for sale (including origination of MSR for the year ended December 31, 2023) | |||||
| MSR asset valuation adjustment | |||||
| Gain on sale of MSR asset | |||||
| Net (gain) loss on disposals of premises and equipment | |||||
| Increase in the cash surrender value of life insurance | |||||
| Employee Retention Credit received | |||||
| Gain on equity securities without a readily determinable fair value | |||||
| Net loss (gain) on sales and write-downs of other real estate owned | |||||
| Gain on fair value of previously held interest in Lincoln Agency | |||||
| Other operating activities, net | |||||
| Net change in operating leases | |||||
| Increase in other assets | |||||
| Increase in other liabilities | |||||
| Net cash provided by operating activities | |||||
| Cash flows from investing activities: | |||||
| Cash acquired in business combination | |||||
| Purchases of securities available for sale | |||||
| Maturities and pay downs of securities available for sale | |||||
| Proceeds from sales and calls of securities available for sale | |||||
| Purchase of securities held to maturity | |||||
| Maturities, pay downs and calls of securities held to maturity | |||||
| Pay downs of securities carried at fair value | |||||
| Redemption of non-marketable equity securities held in other financial institutions | |||||
| Purchase of non-marketable equity securities held in other financial institutions | |||||
| Net (purchases) redemptions of non-marketable equity securities held in other financial institutions | |||||
| Originations of mortgage warehouse loans | |||||
| Proceeds from pay-offs of mortgage warehouse loans | |||||
| Net decrease (increase) in loans, excluding mortgage warehouse and loans held for sale | |||||
| Purchase of other intangibles | |||||
| Proceeds from sale of the MSR asset | |||||
| Proceeds from bank-owned life insurance | |||||
| Return of capital and other distributions from equity method investments | |||||
| Return of capital and other distributions from cost method investments | |||||
| Capital calls on limited partnership investments | |||||
| Purchase of low-income housing tax credit investments | |||||
| Purchases of premises and equipment | |||||
| Proceeds from sales of premises and equipment | |||||
| Proceeds from sales of other real estate owned | |||||
| Purchase of equity method investment | |||||
| Proceeds from termination of cash flow hedge | |||||
| Net cash (used in) provided by investing activities | |||||
| Cash flows from financing activities: | |||||
| Net increase (decrease) in deposits | |||||
| Repayments of long-term FHLB advances | |||||
| Proceeds from short-term FHLB advances | |||||
| Repayments of short-term FHLB advances | |||||
| Maturities of subordinated indebtedness | |||||
| Redemption/Repurchase of subordinated indebtedness | |||||
| Repayments of other short-term borrowings | |||||
| Proceeds from other short-term borrowings | |||||
| Net increase (decrease) in securities sold under agreements to repurchase | |||||
| Dividends paid | |||||
| Cash received from exercise of stock options | |||||
| Common stock repurchased | |||||
| Net cash used in financing activities | |||||
| Net (decrease) increase in cash and cash equivalents | |||||
| Cash and cash equivalents at beginning of year | |||||
| Cash and cash equivalents at end of year | |||||
| Interest paid | |||||
| Income taxes paid, total | |||||
| Federal | |||||
| State | |||||
| Significant non-cash transactions: | |||||
| Unsettled liability for investment purchases recorded at trade date | |||||
| Real estate acquired in settlement of loans | |||||
| Real estate transferred from fixed assets to other real estate owned | |||||
| Transfers from other real estate owned to other assets | |||||
| Transfers from loans held for sale to loans held for investment | |||||
| Decrease in Government National Mortgage Association repurchase obligation | |||||
| Transfer from non-marketable securities held in other financial institutions to equity method investments | |||||
| Recognition of operating right-of-use assets | |||||
| Recognition of operating lease liabilities | |||||
| Total assets acquired in BTH merger | |||||
| Total liabilities assumed in BTH merger | |||||
| Common stock issued in BTH merger as consideration | |||||
| Impairment of right-of-use assets due to branch closures | |||||
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