XML 79 R65.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Loans Receivable, Net - Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method Excluding PCI Loans (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start | $ 60,735 | $ 16,852
Initial allowance for credit losses on PCD loans |  | 2,639
Credit loss benefit | (12,346) | 57,402
Charge-offs | (1,031) | (20,184)
Recoveries | 1,492 | 1,325
Balance at period end | 48,850 | 60,735
Cumulative Effect, Period of Adoption, Adjustment |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start |  | 2,701
Commercial and industrial |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start | 5,390 | 1,458
Initial allowance for credit losses on PCD loans |  | 1,221
Credit loss benefit | (321) | 1,039
Charge-offs | (154) | (890)
Recoveries | 124 | 146
Balance at period end | 5,039 | 5,390
Commercial and industrial | Cumulative Effect, Period of Adoption, Adjustment |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start |  | 2,416
Commercial real estate – owner occupied |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start | 15,054 | 2,893
Initial allowance for credit losses on PCD loans |  | 26
Credit loss benefit | (9,190) | 15,007
Charge-offs | (65) | (1,769)
Recoveries | 85 | 6
Balance at period end | 5,884 | 15,054
Commercial real estate – owner occupied | Cumulative Effect, Period of Adoption, Adjustment |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start |  | (1,109)
Commercial Real Estate - Investor |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start | 26,703 | 9,883
Initial allowance for credit losses on PCD loans |  | 260
Credit loss benefit | (974) | 34,935
Charge-offs | (345) | (13,081)
Recoveries | 120 | 101
Balance at period end | 25,504 | 26,703
Commercial Real Estate - Investor | Cumulative Effect, Period of Adoption, Adjustment |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start |  | (5,395)
Residential real estate |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start | 11,818 | 2,002
Initial allowance for credit losses on PCD loans |  | 109
Credit loss benefit | (761) | 8,191
Charge-offs | (254) | (3,200)
Recoveries | 352 | 883
Balance at period end | 11,155 | 11,818
Residential real estate | Cumulative Effect, Period of Adoption, Adjustment |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start |  | 3,833
Other consumer |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start | 1,770 | 591
Initial allowance for credit losses on PCD loans |  | 1,023
Credit loss benefit | (1,100) | (1,770)
Charge-offs | (213) | (1,244)
Recoveries | 811 | 189
Balance at period end | 1,268 | 1,770
Other consumer | Cumulative Effect, Period of Adoption, Adjustment |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start |  | 2,981
Unallocated |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start | 0 | 25
Initial allowance for credit losses on PCD loans |  | 0
Credit loss benefit | 0 | 0
Charge-offs | 0 | 0
Recoveries | 0 | 0
Balance at period end | $ 0 | 0
Unallocated | Cumulative Effect, Period of Adoption, Adjustment |  |
Allowance for Loan and Lease Losses [Roll Forward] |  |
Balance at period start |  | $ (25)

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 excluding accrued interest, of allowance for credit loss on financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124255206&loc=SL82895884-210446 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of increase in allowance for credit loss on financing receivable purchased with credit deterioration. + 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 (c) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of increase in allowance for credit loss on financing receivable from recovery. + References Reference 1: 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=124267575&loc=SL82922352-210448 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -Subparagraph (c)(4) -URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
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=124255953&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=123577603&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=124267575&loc=SL82922352-210448 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of credit loss expense (reversal of expense) for financing receivable. + 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 (b) -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(11)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_ProvisionForLoanLossesExpensed
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

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

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ResidentialPortfolioSegmentMember
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: |

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