10-Q Filing

OCEANFIRST FINANCIAL CORP CIK: 1004702 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001004702-22-000087`
Period End Date	20220331
Filing Date	20220505
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	ocfc-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 80 Cash Flow Statement 146 Stockholders Equity 28 Comprehensive Income 21

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Allowance for Credit Losses	`DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest`	$1.72M	USD	Point-in-time
Allowance for Credit Losses	`DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest`	$1.72M	USD	Point-in-time
Allowance for Credit Losses	`DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest`	$1.47M	USD	Point-in-time
Allowance for Credit Losses	`DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest`	$1.38M	USD	Point-in-time
Cash and due from banks	`CashAndDueFromBanks`	$1.27B	USD	Point-in-time
Cash and due from banks	`CashAndDueFromBanks`	$1.17B	USD	Point-in-time
Securities held-to-maturity, fair value	`HeldToMaturitySecuritiesFairValue`	$1.05B	USD	Point-in-time
Cash and due from banks	`CashAndDueFromBanks`	$210.92M	USD	Point-in-time
Cash and due from banks	`CashAndDueFromBanks`	$204.95M	USD	Point-in-time
Securities held-to-maturity, fair value	`HeldToMaturitySecuritiesFairValue`	$1.15B	USD	Point-in-time
Allowance for loan credit losses	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$60.73M	USD	Point-in-time
Allowance for loan credit losses	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$59.98M	USD	Point-in-time
Debt securities available-for-sale, at estimated fair value	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$568.25M	USD	Point-in-time
Allowance for loan credit losses	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$48.85M	USD	Point-in-time
Allowance for loan credit losses	`FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest`	$50.60M	USD	Point-in-time
Debt securities available-for-sale, at estimated fair value	`DebtSecuritiesAvailableForSaleExcludingAccruedInterest`	$546.47M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Debt securities held-to-maturity, net of allowance for securities credit losses of $1,380 at March 31, 2022 and $1,467 at December 31, 2021 (estimated fair value of $1,050,892 at March 31, 2022 and $1,152,744 at December 31, 2021)	`DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss`	$1.10B	USD	Point-in-time
Debt securities held-to-maturity, net of allowance for securities credit losses of $1,380 at March 31, 2022 and $1,467 at December 31, 2021 (estimated fair value of $1,050,892 at March 31, 2022 and $1,152,744 at December 31, 2021)	`DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss`	$1.14B	USD	Point-in-time
Preferred stock, liquidation preference, value	`PreferredStockLiquidationPreferenceValue`	$1.00K	USD	Point-in-time
Equity investments	`EquityInvestments`	$93.89M	USD	Point-in-time
Equity investments	`EquityInvestments`	$101.16M	USD	Point-in-time
Preferred stock, liquidation preference, value	`PreferredStockLiquidationPreferenceValue`	$1.00K	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Restricted equity investments, at cost	`FederalHomeLoanBankStock`	$56.70M	USD	Point-in-time
Restricted equity investments, at cost	`FederalHomeLoanBankStock`	$53.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	57,370.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	57,370.00	shares	Point-in-time
Loans receivable, net of allowance for loan credit losses of $50,598 at March 31, 2022 and $48,850 at December 31, 2021	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss`	$9.07B	USD	Point-in-time
Loans receivable, net of allowance for loan credit losses of $50,598 at March 31, 2022 and $48,850 at December 31, 2021	`FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss`	$8.58B	USD	Point-in-time
Interest and dividends receivable	`InterestReceivable`	$32.61M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Interest and dividends receivable	`InterestReceivable`	$33.35M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other real estate owned	`OtherRealEstate`	$106.00K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Other real estate owned	`OtherRealEstate`	$106.00K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Premises and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$125.83M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	61.54M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	61.85M	shares	Point-in-time
Premises and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$126.77M	USD	Point-in-time
Bank owned life insurance	`BankOwnedLifeInsurance`	$259.12M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.18M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	59.39M	shares	Point-in-time
Bank owned life insurance	`BankOwnedLifeInsurance`	$259.21M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	2.36M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroup`	$5.68M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	2.46M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroup`	$6.23M	USD	Point-in-time
Goodwill	`Goodwill`	$500.32M	USD	Point-in-time
Goodwill	`Goodwill`	$500.32M	USD	Point-in-time
Core deposit intangible	`IntangibleAssetsNetExcludingGoodwill`	$17.00M	USD	Point-in-time
Core deposit intangible	`IntangibleAssetsNetExcludingGoodwill`	$18.21M	USD	Point-in-time
Other assets	`OtherAssets`	$147.01M	USD	Point-in-time
Other assets	`OtherAssets`	$149.42M	USD	Point-in-time
Total assets	`Assets`	$11.74B	USD	Point-in-time
Total assets	`Assets`	$12.16B	USD	Point-in-time
Deposits	`Deposits`	$9.73B	USD	Point-in-time
Deposits	`Deposits`	$10.06B	USD	Point-in-time
Federal Home Loan Bank (FHLB) advances	`AdvancesFromFederalHomeLoanBanks`	$75.00M	USD	Point-in-time
Federal Home Loan Bank (FHLB) advances	`AdvancesFromFederalHomeLoanBanks`	-	USD	Point-in-time
Securities sold under agreements to repurchase with customers	`SecuritiesSoldUnderAgreementsToRepurchase`	$117.78M	USD	Point-in-time
Securities sold under agreements to repurchase with customers	`SecuritiesSoldUnderAgreementsToRepurchase`	$118.77M	USD	Point-in-time
Other borrowings	`OtherBorrowings`	$229.14M	USD	Point-in-time
Other borrowings	`OtherBorrowings`	$194.40M	USD	Point-in-time
Advances by borrowers for taxes and insurance	`AdvancePaymentsByBorrowersForTaxesAndInsurance`	$20.30M	USD	Point-in-time
Advances by borrowers for taxes and insurance	`AdvancePaymentsByBorrowersForTaxesAndInsurance`	$25.40M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$122.03M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$176.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.22B	USD	Point-in-time
Total liabilities	`Liabilities`	$10.65B	USD	Point-in-time
Preferred stock, $0.01 par value, $1,000 liquidation preference, 5,000,000 shares authorized, and 57,370 shares issued at both March 31, 2022 and December 31, 2021	`PreferredStockValue`	$1.00K	USD	Point-in-time
Preferred stock, $0.01 par value, $1,000 liquidation preference, 5,000,000 shares authorized, and 57,370 shares issued at both March 31, 2022 and December 31, 2021	`PreferredStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.01 par value, 150,000,000 shares authorized, 61,849,762 and 61,535,381 shares issued at March 31, 2022 and December 31, 2021, respectively; and 59,388,983 and 59,175,046 shares outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$611.00K	USD	Point-in-time
Common stock, $0.01 par value, 150,000,000 shares authorized, 61,849,762 and 61,535,381 shares issued at March 31, 2022 and December 31, 2021, respectively; and 59,388,983 and 59,175,046 shares outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$612.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.15B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$456.25M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$442.31M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.82M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-15.17M	USD	Point-in-time
Less: Unallocated common stock held by Employee Stock Ownership Plan ("ESOP")	`CommonStockIssuedEmployeeTrustDeferred`	$8.01M	USD	Point-in-time
Less: Unallocated common stock held by Employee Stock Ownership Plan ("ESOP")	`CommonStockIssuedEmployeeTrustDeferred`	$8.62M	USD	Point-in-time
Treasury stock, 2,460,779 and 2,360,335 shares at March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$63.85M	USD	Point-in-time
Treasury stock, 2,460,779 and 2,360,335 shares at March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$61.71M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.50B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$12.16B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$11.74B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Loans	`InterestAndFeeIncomeLoansAndLeases`	$82.47M	USD	1 Quarter
Loans	`InterestAndFeeIncomeLoansAndLeases`	$77.91M	USD	1 Quarter
Debt securities	`InterestIncomeDebtSecuritiesOperating`	$5.36M	USD	1 Quarter
Debt securities	`InterestIncomeDebtSecuritiesOperating`	$7.50M	USD	1 Quarter
Equity investments and other	`InterestAndDividendIncomeSecuritiesOther`	$1.61M	USD	1 Quarter
Equity investments and other	`InterestAndDividendIncomeSecuritiesOther`	$1.01M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$90.98M	USD	1 Quarter
Total interest income	`InterestAndDividendIncomeOperating`	$84.87M	USD	1 Quarter
Deposits	`InterestExpenseDeposits`	$8.50M	USD	1 Quarter
Deposits	`InterestExpenseDeposits`	$4.04M	USD	1 Quarter
Borrowed funds	`InterestExpenseBorrowings`	$2.71M	USD	1 Quarter
Borrowed funds	`InterestExpenseBorrowings`	$2.77M	USD	1 Quarter
Total interest expense	`InterestExpense`	$6.76M	USD	1 Quarter
Total interest expense	`InterestExpense`	$11.27M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$84.23M	USD	1 Quarter
Net interest income	`InterestIncomeExpenseNet`	$73.60M	USD	1 Quarter
Credit loss expense (benefit)	`ProvisionForLoanAndLeaseLosses`	$-620.00K	USD	1 Quarter
Credit loss expense (benefit)	`ProvisionForLoanAndLeaseLosses`	$1.85M	USD	1 Quarter
Net interest income after credit loss expense (benefit)	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$82.38M	USD	1 Quarter
Net interest income after credit loss expense (benefit)	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$74.22M	USD	1 Quarter
Bankcard services revenue	`CreditAndDebitCardRevenue`	$3.05M	USD	1 Quarter
Bankcard services revenue	`CreditAndDebitCardRevenue`	$2.96M	USD	1 Quarter
Net gain on sales of loans	`GainLossOnSaleOfMortgageLoans`	$1.92M	USD	1 Quarter
Net gain on sales of loans	`GainLossOnSaleOfMortgageLoans`	$177.00K	USD	1 Quarter
Net (loss) gain on equity investments	`DebtSecuritiesAvailableForSaleGainLoss`	$-2.79M	USD	1 Quarter
Net (loss) gain on equity investments	`DebtSecuritiesAvailableForSaleGainLoss`	$8.29M	USD	1 Quarter
Net loss from other real estate operations	`ProfitLossFromRealEstateOperations`	$-8.00K	USD	1 Quarter
Net loss from other real estate operations	`ProfitLossFromRealEstateOperations`	$-2.00K	USD	1 Quarter
Income from bank owned life insurance	`BankOwnedLifeInsuranceIncome`	$2.10M	USD	1 Quarter
Income from bank owned life insurance	`BankOwnedLifeInsuranceIncome`	$1.42M	USD	1 Quarter
Commercial loan swap income	`GainLossOnOilAndGasHedgingActivity`	$2.78M	USD	1 Quarter
Commercial loan swap income	`GainLossOnOilAndGasHedgingActivity`	$1.11M	USD	1 Quarter
Other	`NoninterestIncomeOtherOperatingIncome`	$-53.00K	USD	1 Quarter
Other	`NoninterestIncomeOtherOperatingIncome`	$726.00K	USD	1 Quarter
Total other income	`NoninterestIncome`	$20.84M	USD	1 Quarter
Total other income	`NoninterestIncome`	$8.85M	USD	1 Quarter
Compensation and employee benefits	`LaborAndRelatedExpense`	$30.70M	USD	1 Quarter
Compensation and employee benefits	`LaborAndRelatedExpense`	$28.37M	USD	1 Quarter
Occupancy	`OccupancyNet`	$5.74M	USD	1 Quarter
Occupancy	`OccupancyNet`	$5.06M	USD	1 Quarter
Equipment	`EquipmentExpense`	$1.58M	USD	1 Quarter
Equipment	`EquipmentExpense`	$1.37M	USD	1 Quarter
Marketing	`MarketingExpense`	$434.00K	USD	1 Quarter
Marketing	`MarketingExpense`	$616.00K	USD	1 Quarter
Federal deposit insurance and regulatory assessments	`FederalDepositInsuranceCorporationPremiumExpense`	$1.86M	USD	1 Quarter
Federal deposit insurance and regulatory assessments	`FederalDepositInsuranceCorporationPremiumExpense`	$1.89M	USD	1 Quarter
Data processing	`InformationTechnologyAndDataProcessing`	$5.74M	USD	1 Quarter
Data processing	`InformationTechnologyAndDataProcessing`	$4.03M	USD	1 Quarter
Check card processing	`CheckCardProcessing`	$1.37M	USD	1 Quarter
Check card processing	`CheckCardProcessing`	$982.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$3.32M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$2.84M	USD	1 Quarter
Amortization of core deposit intangible	`AmortizationOfDeferredCharges`	$1.40M	USD	1 Quarter
Amortization of core deposit intangible	`AmortizationOfDeferredCharges`	$1.21M	USD	1 Quarter
Branch consolidation expense, net	`BranchConsolidationExpense`	$402.00K	USD	1 Quarter
Branch consolidation expense, net	`BranchConsolidationExpense`	$1.01M	USD	1 Quarter
Merger related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$381.00K	USD	1 Quarter
Merger related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.97M	USD	1 Quarter
Other operating expense	`OtherCostAndExpenseOperating`	$3.35M	USD	1 Quarter
Other operating expense	`OtherCostAndExpenseOperating`	$3.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$57.49M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$51.68M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.73M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$43.38M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.68M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$32.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.76M	USD	1 Quarter
Dividends on preferred shares	`PreferredStockDividendsAndOtherAdjustments`	$1.00M	USD	1 Quarter
Dividends on preferred shares	`PreferredStockDividendsAndOtherAdjustments`	$1.00M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$24.75M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$31.69M	USD	1 Quarter
Basic earnings (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic earnings (loss) per share (in dollars per share)	`EarningsPerShareBasic`	$0.42	USD	1 Quarter
Diluted earnings (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Diluted earnings (loss) per share (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	58.74M	shares	1 Quarter
Average basic shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.84M	shares	1 Quarter
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.10M	shares	1 Quarter
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.94M	shares	1 Quarter

Cash Flow Statement 146 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$32.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.76M	USD	1 Quarter
Depreciation and amortization of premises and equipment	`DepreciationDepletionAndAmortization`	$2.06M	USD	1 Quarter
Depreciation and amortization of premises and equipment	`DepreciationDepletionAndAmortization`	$2.76M	USD	1 Quarter
Allocation of ESOP stock	`EmployeeBenefitsAndShareBasedCompensation`	$352.00K	USD	1 Quarter
Allocation of ESOP stock	`EmployeeBenefitsAndShareBasedCompensation`	$671.00K	USD	1 Quarter
Stock compensation	`ShareBasedCompensation`	$1.55M	USD	1 Quarter
Stock compensation	`ShareBasedCompensation`	$1.24M	USD	1 Quarter
Net excess tax expense on stock compensation	`TaxExpenseBenefitFromSharedBasedCompensation`	$-214.00K	USD	1 Quarter
Net excess tax expense on stock compensation	`TaxExpenseBenefitFromSharedBasedCompensation`	$-90.00K	USD	1 Quarter
Amortization of servicing asset	`ServicingAssetAtAmortizedValueAmortization1`	$25.00K	USD	1 Quarter
Amortization of servicing asset	`ServicingAssetAtAmortizedValueAmortization1`	$14.00K	USD	1 Quarter
Net premium amortization in excess of discount accretion on securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.86M	USD	1 Quarter
Net premium amortization in excess of discount accretion on securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-1.47M	USD	1 Quarter
Net amortization of deferred costs on borrowings	`AmortizationOfFinancingCostsAndDiscounts`	$212.00K	USD	1 Quarter
Net amortization of deferred costs on borrowings	`AmortizationOfFinancingCostsAndDiscounts`	$137.00K	USD	1 Quarter
Amortization of core deposit intangible	`AmortizationOfDeferredCharges`	$1.40M	USD	1 Quarter
Amortization of core deposit intangible	`AmortizationOfDeferredCharges`	$1.21M	USD	1 Quarter
Net accretion of purchase accounting adjustments	`BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome`	$3.80M	USD	1 Quarter
Net accretion of purchase accounting adjustments	`BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome`	$3.09M	USD	1 Quarter
Net amortization of deferred costs and discounts on loans	`NetAccretionAmortizationOfDeferredFeesAndDiscountsOnLoans`	$-255.00K	USD	1 Quarter
Net amortization of deferred costs and discounts on loans	`NetAccretionAmortizationOfDeferredFeesAndDiscountsOnLoans`	$-437.00K	USD	1 Quarter
Provision (benefit) for credit losses	`ProvisionForLoanAndLeaseLosses`	$-620.00K	USD	1 Quarter
Provision (benefit) for credit losses	`ProvisionForLoanAndLeaseLosses`	$1.85M	USD	1 Quarter
Net write down of fixed assets held-for-sale to net realizable value	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$427.00K	USD	1 Quarter
Net write down of fixed assets held-for-sale to net realizable value	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$1.40M	USD	1 Quarter
Net loss (gain) on equity securities	`DebtAndEquitySecuritiesGainLoss`	$-2.79M	USD	1 Quarter
Net loss (gain) on equity securities	`DebtAndEquitySecuritiesGainLoss`	$8.29M	USD	1 Quarter
Net gain on sales of loans	`GainLossOnSalesOfLoansNet`	$1.92M	USD	1 Quarter
Net gain on sales of loans	`GainLossOnSalesOfLoansNet`	$177.00K	USD	1 Quarter
Proceeds from sales of residential loans held for sale	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$69.42M	USD	1 Quarter
Proceeds from sales of residential loans held for sale	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$724.00K	USD	1 Quarter
Mortgage loans originated for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$703.00K	USD	1 Quarter
Mortgage loans originated for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$65.15M	USD	1 Quarter
Increase in value of bank owned life insurance	`BankOwnedLifeInsuranceIncome`	$2.10M	USD	1 Quarter
Increase in value of bank owned life insurance	`BankOwnedLifeInsuranceIncome`	$1.42M	USD	1 Quarter
Net (gain) loss on sale of assets held for sale	`GainLossOnSaleOfAssetsHeldForSale`	$1.20M	USD	1 Quarter
Net (gain) loss on sale of assets held for sale	`GainLossOnSaleOfAssetsHeldForSale`	$-22.00K	USD	1 Quarter
(Increase) decrease in interest and dividends receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$747.00K	USD	1 Quarter
(Increase) decrease in interest and dividends receivable	`IncreaseDecreaseInInterestAndDividendsReceivable`	$-2.45M	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-30.00K	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-57.00K	USD	1 Quarter
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-27.44M	USD	1 Quarter
(Increase) decrease in other assets	`IncreaseDecreaseInOtherOperatingAssets`	$14.78M	USD	1 Quarter
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-21.61M	USD	1 Quarter
Increase (decrease) in other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$39.27M	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$31.89M	USD	1 Quarter
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$4.18M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.87M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$57.64M	USD	1 Quarter
Net increase in loans receivable	`NetIncreaseDecreaseInLoanReceivable`	$-111.30M	USD	1 Quarter
Net increase in loans receivable	`NetIncreaseDecreaseInLoanReceivable`	$-331.57M	USD	1 Quarter
Proceeds from sale of loans	`ProceedsFromSaleOfHighRiskLoans`	-	USD	1 Quarter
Proceeds from sale of loans	`ProceedsFromSaleOfHighRiskLoans`	$12.17M	USD	1 Quarter
Purchase of residential loan pool	`PaymentsToAcquireLoansReceivable`	$161.70M	USD	1 Quarter
Purchase of residential loan pool	`PaymentsToAcquireLoansReceivable`	-	USD	1 Quarter
Premiums paid on purchased loan pool	`PaymentsForPremiumsOnPurchasedLoanPool`	$495.00K	USD	1 Quarter
Premiums paid on purchased loan pool	`PaymentsForPremiumsOnPurchasedLoanPool`	-	USD	1 Quarter
Purchase of debt securities available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$47.82M	USD	1 Quarter
Purchase of debt securities available-for-sale	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$100.92M	USD	1 Quarter
Purchase of debt securities held-to-maturity	`PaymentsToAcquireOtherHeldToMaturitySecurities`	$178.32M	USD	1 Quarter
Purchase of debt securities held-to-maturity	`PaymentsToAcquireOtherHeldToMaturitySecurities`	$16.40M	USD	1 Quarter
Purchase of equity investments	`PaymentsToAcquireEquityMethodInvestments`	$2.29M	USD	1 Quarter
Purchase of equity investments	`PaymentsToAcquireEquityMethodInvestments`	$10.57M	USD	1 Quarter
Proceeds from maturities and calls of debt securities available-for-sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$22.85M	USD	1 Quarter
Proceeds from maturities and calls of debt securities available-for-sale	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$45.00M	USD	1 Quarter
Proceeds from maturities and calls of debt securities held-to-maturity	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$12.30M	USD	1 Quarter
Proceeds from maturities and calls of debt securities held-to-maturity	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$6.57M	USD	1 Quarter
Proceeds from sales of debt securities available-for-sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	1 Quarter
Proceeds from sales of debt securities available-for-sale	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$22.86M	USD	1 Quarter
Proceeds from sale of equity investments	`ProceedsFromSaleOfEquityMethodInvestments`	$99.06M	USD	1 Quarter
Proceeds from sale of equity investments	`ProceedsFromSaleOfEquityMethodInvestments`	$4.58M	USD	1 Quarter
Principal repayments on debt securities available-for-sale	`ProceedsfromMaturitiesRepaymentsandCallsofDebtSecuritiesFVNIAvailableforsale`	-	USD	1 Quarter
Principal repayments on debt securities available-for-sale	`ProceedsfromMaturitiesRepaymentsandCallsofDebtSecuritiesFVNIAvailableforsale`	$46.00K	USD	1 Quarter
Principal repayments on debt securities held-to-maturity	`PrincipalRepaymentsOnDebtInvestmentSecuritiesHeldToMaturity`	$52.37M	USD	1 Quarter
Principal repayments on debt securities held-to-maturity	`PrincipalRepaymentsOnDebtInvestmentSecuritiesHeldToMaturity`	$43.21M	USD	1 Quarter
Proceeds from bank owned life insurance	`ProceedsFromLifeInsurancePolicies`	$2.12M	USD	1 Quarter
Proceeds from bank owned life insurance	`ProceedsFromLifeInsurancePolicies`	$2.19M	USD	1 Quarter
Proceeds from the redemption of restricted equity investments	`ProceedsFromSaleOfFederalHomeLoanBankStock`	$344.00K	USD	1 Quarter
Proceeds from the redemption of restricted equity investments	`ProceedsFromSaleOfFederalHomeLoanBankStock`	$26.59M	USD	1 Quarter
Purchases of restricted equity investments	`PaymentsToAcquireFederalHomeLoanBankStock`	$30.10M	USD	1 Quarter
Purchases of restricted equity investments	`PaymentsToAcquireFederalHomeLoanBankStock`	$485.00K	USD	1 Quarter
Proceeds from sales of assets held-for-sale	`ProceedsFromSaleOfPropertyHeldForSale`	$420.00K	USD	1 Quarter
Proceeds from sales of assets held-for-sale	`ProceedsFromSaleOfPropertyHeldForSale`	$4.49M	USD	1 Quarter
Purchases of premises and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.34M	USD	1 Quarter
Purchases of premises and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.71M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-424.69M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.16M	USD	1 Quarter
Increase in deposits	`IncreaseDecreaseInDeposits`	$323.64M	USD	1 Quarter
Increase in deposits	`IncreaseDecreaseInDeposits`	$75.69M	USD	1 Quarter
(Decrease) increase in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-987.00K	USD	1 Quarter
(Decrease) increase in short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$6.01M	USD	1 Quarter
Proceeds from FHLB advances	`ProceedsFromFederalHomeLoanBankBorrowings`	$75.00M	USD	1 Quarter
Proceeds from FHLB advances	`ProceedsFromFederalHomeLoanBankBorrowings`	-	USD	1 Quarter
Repayments of other borrowings	`RepaymentsOfOtherDebt`	$35.03M	USD	1 Quarter
Repayments of other borrowings	`RepaymentsOfOtherDebt`	$7.53M	USD	1 Quarter
Increase in advances by borrowers for taxes and insurance	`IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance`	$3.68M	USD	1 Quarter
Increase in advances by borrowers for taxes and insurance	`IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance`	$5.09M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.76M	USD	1 Quarter
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$289.00K	USD	1 Quarter
Payment of employee taxes withheld from stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.44M	USD	1 Quarter
Payment of employee taxes withheld from stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.09M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$9.99M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$2.14M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$11.16M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$11.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$353.43M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$57.38M	USD	1 Quarter
Net decrease in cash and due from banks and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-13.61M	USD	1 Quarter
Net decrease in cash and due from banks and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-128.91M	USD	1 Quarter
Cash and due from banks and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash and due from banks and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.78M	USD	Point-in-time
Cash and due from banks and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash and due from banks and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.18M	USD	Point-in-time
Cash and due from banks at beginning of period	`CashAndDueFromBanks`	$1.27B	USD	Point-in-time
Cash and due from banks at beginning of period	`CashAndDueFromBanks`	$1.17B	USD	Point-in-time
Cash and due from banks at beginning of period	`CashAndDueFromBanks`	$210.92M	USD	Point-in-time
Cash and due from banks at beginning of period	`CashAndDueFromBanks`	$204.95M	USD	Point-in-time
Restricted cash at beginning of period	`RestrictedCash`	$19.84M	USD	Point-in-time
Restricted cash at beginning of period	`RestrictedCash`	$257.00K	USD	Point-in-time
Restricted cash at beginning of period	`RestrictedCash`	$46.53M	USD	Point-in-time
Restricted cash at beginning of period	`RestrictedCash`	$16.09M	USD	Point-in-time
Cash and due from banks at end of period	`CashAndDueFromBanks`	$1.27B	USD	Point-in-time
Cash and due from banks at end of period	`CashAndDueFromBanks`	$1.17B	USD	Point-in-time
Cash and due from banks at end of period	`CashAndDueFromBanks`	$210.92M	USD	Point-in-time
Cash and due from banks at end of period	`CashAndDueFromBanks`	$204.95M	USD	Point-in-time
Restricted cash at end of period	`RestrictedCash`	$19.84M	USD	Point-in-time
Restricted cash at end of period	`RestrictedCash`	$257.00K	USD	Point-in-time
Restricted cash at end of period	`RestrictedCash`	$46.53M	USD	Point-in-time
Restricted cash at end of period	`RestrictedCash`	$16.09M	USD	Point-in-time
Cash and due from banks and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash and due from banks and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.78M	USD	Point-in-time
Cash and due from banks and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash and due from banks and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$211.18M	USD	Point-in-time
Interest	`InterestPaidNet`	$5.09M	USD	1 Quarter
Interest	`InterestPaidNet`	$10.38M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$573.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$568.00K	USD	1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity	`AccretionOfUnrealizedLossOnSecuritiesReclassifiedToHeldToMaturity`	$180.00K	USD	1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity	`AccretionOfUnrealizedLossOnSecuritiesReclassifiedToHeldToMaturity`	$154.00K	USD	1 Quarter
Net loan recoveries	`NetLoansRecoveries`	$280.00K	USD	1 Quarter
Net loan recoveries	`NetLoansRecoveries`	$92.00K	USD	1 Quarter
Transfer of loans receivable to loans held-for-sale	`FinancingReceivableReclassificationToHeldForSale`	-	USD	1 Quarter
Transfer of loans receivable to loans held-for-sale	`FinancingReceivableReclassificationToHeldForSale`	$12.01M	USD	1 Quarter
Transfer of premises and equipment to assets held-for-sale	`TransferOfPremisesandEquipmenttoAssetsHeldforSale`	$2.78M	USD	1 Quarter
Transfer of premises and equipment to assets held-for-sale	`TransferOfPremisesandEquipmenttoAssetsHeldforSale`	-	USD	1 Quarter

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Cash dividend per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Cash dividend per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Purchase of common stock (in shares)	`TreasuryStockSharesAcquired`	500,000.00	shares	1 Quarter
Purchase of common stock (in shares)	`TreasuryStockSharesAcquired`	100,444.00	shares	1 Quarter
Beginning Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.48B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.50B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Net income	`NetIncomeLoss`	$32.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.76M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-12.35M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-309.00K	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.55M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.24M	USD	1 Quarter
Allocation of ESOP stock	`AmortizationOfESOPAward`	$671.00K	USD	1 Quarter
Allocation of ESOP stock	`AmortizationOfESOPAward`	$352.00K	USD	1 Quarter
Cash dividend	`DividendsCommonStockCash`	$9.99M	USD	1 Quarter
Cash dividend	`DividendsCommonStockCash`	$10.15M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$289.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.76M	USD	1 Quarter
Repurchased shares of common stock	`StockRepurchasedDuringPeriodValue`	$9.99M	USD	1 Quarter
Repurchased shares of common stock	`StockRepurchasedDuringPeriodValue`	$2.14M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$1.00M	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$1.00M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.48B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.50B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.52B	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$32.70M	USD	1 Quarter
Unrealized holding gain (loss), before adjustment, tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-112.00K	USD	1 Quarter
Unrealized holding gain (loss), before adjustment, tax benefit	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.93M	USD	1 Quarter
Net income	`NetIncomeLoss`	$25.76M	USD	1 Quarter
Accretion of unrealized loss on debt securities, tax expense	`OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax`	$73.00K	USD	1 Quarter
Accretion of unrealized loss on debt securities, tax expense	`OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax`	$65.00K	USD	1 Quarter
Net unrealized loss on debt securities (net of tax benefit of $3,928 in 2022 and $112 in 2021)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-12.37M	USD	1 Quarter
Net unrealized loss on debt securities (net of tax benefit of $3,928 in 2022 and $112 in 2021)	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-416.00K	USD	1 Quarter
Reclassification adjustment from AOCI for sale of securities, tax expense (benefit)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax`	$-21.00K	USD	1 Quarter
Accretion of unrealized loss on debt securities reclassified to held-to-maturity (net of tax expense of $65 in 2022 and $73 in 2021)	`OtherComprehensiveIncomeLossTransfersFromHeldToMaturityToAvailableForSaleSecuritiesNetOfTax`	$107.00K	USD	1 Quarter
Accretion of unrealized loss on debt securities reclassified to held-to-maturity (net of tax expense of $65 in 2022 and $73 in 2021)	`OtherComprehensiveIncomeLossTransfersFromHeldToMaturityToAvailableForSaleSecuritiesNetOfTax`	$89.00K	USD	1 Quarter
Reclassification adjustment for losses included in net income (net of tax benefit of $21 in 2022)	`OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossAfterTax`	-	USD	1 Quarter
Reclassification adjustment for losses included in net income (net of tax benefit of $21 in 2022)	`OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossAfterTax`	$66.00K	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.35M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-309.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$32.39M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$13.41M	USD	1 Quarter
Less: Dividends on preferred shares	`PreferredStockDividendsAndOtherAdjustments`	$1.00M	USD	1 Quarter
Less: Dividends on preferred shares	`PreferredStockDividendsAndOtherAdjustments`	$1.00M	USD	1 Quarter
Comprehensive income available to common stockholders	`ComprehensiveIncomeLossAvailableForCommonStockholders`	$12.41M	USD	1 Quarter
Comprehensive income available to common stockholders	`ComprehensiveIncomeLossAvailableForCommonStockholders`	$31.38M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.