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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net income before attribution of noncontrolling interest $ 10,568 $ 19,942
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Provision for credit losses 12,400 11,700
Net premium amortization on securities 1,247 1,241
Depreciation and amortization 1,477 1,292
Stock-based compensation expense 1,635 1,825
Change in cash surrender value of bank owned life insurance (2,342) (1,412)
Securities losses, net 54 9,731
Derivative losses (gains), net 152 (14)
Gains on sale of loans, net (1,058) (912)
Deferred taxes and others 9,190 868
Gain on early extinguishment of advances from the FHLB, net 0 (13,173)
Proceeds from sales and repayments of loans held for sale (at fair value) 47,148 40,925
Originations and purchases of loans held for sale (at fair value) (69,219) (78,375)
Net changes in operating assets and liabilities:    
Accrued interest receivable and other assets (3,975) (7,553)
Accounts payable, accrued liabilities and other liabilities (4,488) (4,881)
Net cash provided by (used in) operating activities 2,789 (18,796)
Purchases of investment securities:    
Available for sale (60,740) (6,923)
Federal Home Loan Bank stock (5,653) (34,394)
Purchases of investment securities (66,393) (41,317)
Maturities, sales, calls and paydowns of investment securities:    
Available for sale 22,453 17,134
Held to maturity 2,504 2,711
Federal Home Loan Bank stock 1,946 27,413
Equity securities with readily determinable fair value not held for trading 0 11,168
Maturities, sales, calls and paydowns of investment securities 26,903 58,426
Net increase in loans (162,677) (203,506)
Proceeds from loan sales 429,637 10,000
Cash paid in business acquisition 0 (1,970)
Net purchases of premises and equipment and others (3,483) (3,738)
Proceeds from surrender of bank of life insurance 62,741 0
Net cash provided by (used in) investing activities 286,728 (182,105)
Cash flows from financing activities    
Net increase in demand, savings and money market accounts 35,399 41,442
Net (decrease) increase in time deposits (52,019) 201,085
Proceeds from Advances from the Federal Home Loan Bank 407,500 1,030,000
Repayments of Advances from the Federal Home Loan Bank (337,500) (871,697)
Repurchase of common stock - Class A 0 (566)
Dividend paid (3,011) (3,017)
Disbursements arising from stock-based compensation, net (2,087) (1,170)
Net cash provided by financing activities 48,282 396,077
Net increase in cash and cash equivalents and restricted cash 337,799 195,176
Cash, cash equivalents and restricted cash    
Beginning of period 321,872 290,601
End of period 659,671 485,777
Cash paid:    
Interest 72,641 38,712
Income taxes 273 491
Right-of-use assets obtained in exchange for new lease obligations 0 6,233
Noncash investing activities:    
Mortgage loans held for sale (at fair value) transferred to loans held for investment 0 36,419
Loans transferred to other assets $ 0 $ 26,534

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