XML 82 R68.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Loans Receivable, Net - Schedule of Analysis of Allowance for Credit Losses on Loans (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Allowance for credit losses on loans |  |
Balance at period start | $ 67,137 | $ 56,824
Initial allowance on acquired loans from Spring Garden | 2,547 |
Provision (benefit) for credit losses | 5,478 | 18,695
Charge-offs | (2,220) | (8,693)
Recoveries | 665 | 311
Balance at period end | 73,607 | 67,137
Commercial Real Estate - Investor |  |
Allowance for credit losses on loans |  |
Balance at period start | 27,899 | 21,070
Initial allowance on acquired loans from Spring Garden | 2,547 |
Provision (benefit) for credit losses | 1,774 | 15,173
Charge-offs | (1,659) | (8,350)
Recoveries | 219 | 6
Balance at period end | 30,780 | 27,899
Commercial real estate - owner occupied |  |
Allowance for credit losses on loans |  |
Balance at period start | 4,354 | 4,423
Initial allowance on acquired loans from Spring Garden | 0 |
Provision (benefit) for credit losses | (569) | (77)
Charge-offs | 0 | (6)
Recoveries | 32 | 14
Balance at period end | 3,817 | 4,354
Commercial and industrial |  |
Allowance for credit losses on loans |  |
Balance at period start | 6,867 | 5,695
Initial allowance on acquired loans from Spring Garden | 0 |
Provision (benefit) for credit losses | 3,586 | 1,276
Charge-offs | 0 | (129)
Recoveries | 18 | 25
Balance at period end | 10,471 | 6,867
Residential Real Estate |  |
Allowance for credit losses on loans |  |
Balance at period start | 27,029 | 24,530
Initial allowance on acquired loans from Spring Garden | 0 |
Provision (benefit) for credit losses | 428 | 2,456
Charge-offs | (76) | 0
Recoveries | 206 | 43
Balance at period end | 27,587 | 27,029
Other Consumer |  |
Allowance for credit losses on loans |  |
Balance at period start | 988 | 1,106
Initial allowance on acquired loans from Spring Garden | 0 |
Provision (benefit) for credit losses | 259 | (133)
Charge-offs | (485) | (208)
Recoveries | 190 | 223
Balance at period end | $ 952 | $ 988

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. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479344/326-20-45-1 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, excluding accrued interest, of increase in allowance for credit loss on financing receivable from recovery. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of decrease in allowance for credit loss on financing receivable from writeoff. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-6 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of credit loss expense (reversal of expense) on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of allowance for credit loss at acquisition date of financing receivable purchased with credit deterioration. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 19 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-19 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestPurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=ocfc_CommercialRealEstateInvestorMember
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_CommercialAndIndustrialPortfolioSegmentMember
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: |