XML 67 R57.htm IDEA: XBRL DOCUMENT
v3.20.2

Loans Receivable and Allowance for Credit Losses (Schedule of Allowance for Loan Losses by Portfolio Segment) (Detail) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2020 | Sep. 30, 2019 | Sep. 30, 2020 | Sep. 30, 2019
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Balance at beginning of period | $ 86,259 | $ 62,810 | $ 55,525 | $ 55,562
Increase (decrease) due to the initial adoption of CECL - Retained earnings |  |  | 7,920 |
Initial allowance on credit loans related to PCD loans | 13,586 |  | 13,586 |
Provision charged to operations | 6,411 | 500 | 32,011 | 10,200
Recoveries of loans previously charged-off | 858 | 493 | 2,110 | 1,248
Loans charged-off | (800) | (6,459) | (4,838) | (9,666)
Balance at end of period | 106,314 | 57,344 | 106,314 | 57,344
Mortgage Portfolio Segment |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 54,871 | 27,280 | 25,511 | 27,678
Increase (decrease) due to the initial adoption of CECL - Retained earnings |  |  | 14,188 |
Initial allowance on credit loans related to PCD loans | 11,984 |  | 11,984 |
Provision charged to operations | 2,922 | (2,092) | 17,987 | (2,814)
Recoveries of loans previously charged-off | 35 | 24 | 143 | 361
Loans charged-off | (22) | (131) | (23) | (144)
Balance at end of period | 69,790 | 25,081 | 69,790 | 25,081
Commercial Loans |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 25,284 | 33,549 | 28,263 | 25,693
Increase (decrease) due to the initial adoption of CECL - Retained earnings |  |  | (9,974) |
Initial allowance on credit loans related to PCD loans | 1,582 |  | 1,582 |
Provision charged to operations | 2,767 | 2,880 | 12,672 | 13,337
Recoveries of loans previously charged-off | 679 | 126 | 1,597 | 291
Loans charged-off | (727) | (6,212) | (4,555) | (8,978)
Balance at end of period | 29,585 | 30,343 | 29,585 | 30,343
Consumer Loans |  |  |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |  |  |
Balance at beginning of period | 6,104 | 1,981 | 1,751 | 2,191
Increase (decrease) due to the initial adoption of CECL - Retained earnings |  |  | 3,706 |
Initial allowance on credit loans related to PCD loans | 20 |  | 20 |
Provision charged to operations | 722 | (288) | 1,352 | (323)
Recoveries of loans previously charged-off | 144 | 343 | 370 | 596
Loans charged-off | (51) | (116) | (260) | (544)
Balance at end of period | $ 6,939 | $ 1,920 | $ 6,939 | $ 1,920

X
- References No definition available. + Details
Name: | pfs_AllowanceForLoanLossesRecoveriesOfWriteOffs
Namespace Prefix: | pfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Financing Receivable, Allowance For Credit Loss, PCD Loans + References No definition available. + Details
Name: | pfs_FinancingReceivableAllowanceForCreditLossPCDLoans
Namespace Prefix: | pfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Financing Receivable, Credit Loss, Expense (Reversal), Gross Loans + References No definition available. + Details
Name: | pfs_FinancingReceivableCreditLossExpenseReversalGrossLoans
Namespace Prefix: | pfs_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_AllowanceForLoanAndLeaseLossesRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of allowance for credit loss on financing receivable. Excludes allowance for financing receivable covered under loss sharing agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)(2)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121599878&loc=SL82895884-210446 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLosses
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The effect of a change in method or methods for calculating the allowance for credit losses on the current period provision. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesEffectOfChangeInMethod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of writeoff of financing receivable, charged against allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 79 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922352-210448 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=pfs_MortgagePortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |