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SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Disclosure
The Company is managed by legal entity, rather than by lines of business, and its activities are considered a single operating segment for financial reporting purposes. The Bank is engaged in the single line of business of community banking, which involves gathering deposits and originating loans in its primary market areas. The Bank manages its operations, allocates resources, and monitors and reports its financials as a single operating segment.

The Company’s performance is assessed based on net income that is reported on our Consolidated Statements of Operations with consolidated net income being the primary measure to evaluate resource allocations. In addition to our consolidated financial statements, the operating and financial condition data below is used to monitor budget versus actual results and assess performance:
 OPERATING DATA:
Quarters EndedSix Months Ended
(In thousands)Jun 30, 2025Mar 31, 2025Jun 30, 2024Jun 30, 2025Jun 30, 2024
Interest income$200,259 $193,868 $189,138 $394,127 $373,826 
Interest expense55,860 52,785 56,592 108,645 108,321 
Net interest income144,399 141,083 132,546 285,482 265,505 
Provision for credit losses4,795 3,139 2,369 7,934 2,889 
Non-interest income17,751 19,108 17,199 36,859 28,790 
Non-interest expense101,348 101,259 98,128 202,607 195,769 
Net income $45,496 $45,135 $39,795 $90,631 $77,354 
FINANCIAL CONDITION DATA:Quarters Ended
(In thousands)Jun 30, 2025Mar 31, 2025Dec 31, 2024Jun 30, 2024
Cash and securities (1)
$3,529,241 $3,542,686 $3,607,933 $3,468,179 
Loans receivable, net11,529,872 11,281,473 11,199,135 10,991,000 
Total assets16,437,169 16,170,812 16,200,037 15,816,194 
Core deposits12,049,519 12,089,215 12,014,726 11,554,130 
Total deposits13,527,291 13,593,265 13,514,398 13,079,263 

KEY FINANCIAL RATIOS:Quarters EndedSix Months Ended
 Jun 30, 2025Mar 31, 2025Jun 30, 2024Jun 30, 2025Jun 30, 2024
Performance Ratios:
Return on average assets (2)
1.13 %1.15 %1.02 %1.14 %1.00 %
Net interest margin (tax equivalent) (3)
3.92 3.92 3.70 3.92 3.72 
Non-interest expense to average assets2.52 2.57 2.52 2.55 2.52 
Efficiency ratio (4)
62.50 63.21 65.53 62.85 66.52 

(1)Includes available-for-sale and held-to-maturity securities.
(2)Net income divided by average assets.
(3)Net interest income as a percent of average interest-earning assets on a tax equivalent basis.
(4)Non-interest expenses divided by the total of net interest income and non-interest income.