XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Business Combinations (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Business Acquisition [Line Items] |
Business Acquisition, Pro Forma Information | The pro forma information shown reflects adjustments related to certain purchase accounting fair value adjustments; amortization of core deposit and other intangibles; and related income tax effects.
(in thousands) | Pro forma Nine Months Ended September 30, 2018 |  | Pro forma Nine Months Ended September 30, 2017
Net interest income | $ | 184,887 |  |  | $ | 181,572 |
Provision for loan losses | 2,984 |  |  | 2,199 |
Non-interest income | 26,894 |  |  | 29,590 |
Non-interest expense | 164,538 |  |  | 146,154 |
Net income | $ | 35,575 |  |  | $ | 45,027 |
Fully diluted earnings per share | $ | 0.74 |  |  | $ | 0.93 |
Sun Bancorp, Inc. |
Business Acquisition [Line Items] |
Summary of Assets Acquired and Liabilities Assumed and Their Initial Fair Value Estimates | The following table summarizes the estimated fair values of the assets acquired and the liabilities assumed at the date of the acquisition for Sun, net of total consideration paid (in thousands):
| At January 31, 2018
| Estimated Fair Value
Total Purchase Price: | $ | 474,930 |
Assets acquired: |
Cash and cash equivalents | $ | 68,632 |
Securities | 254,522 |
Loans | 1,517,172 |
Accrued interest receivable | 5,621 |
Bank Owned Life Insurance | 85,238 |
Deferred tax asset | 57,712 |
Other assets | 42,105 |
Core deposit intangible | 11,897 |
Total assets acquired | 2,042,899 |
Liabilities assumed: |
Deposits | (1,616,073 | )
Borrowings | (127,747 | )
Other liabilities | (11,752 | )
Total liabilities assumed | (1,755,572 | )
Net assets acquired | $ | 287,327 |
Goodwill recorded in the merger | $ | 187,603 |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=ocfc_SunBancorpInc.Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |