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CONDENSED FINANCIAL STATEMENTS OF PEAPACK-GLADSTONE FINANCIAL CORPORATION (PARENT COMPANY ONLY) (STATEMENTS OF CASH FLOWS) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities:      
Net income $ 48,854 $ 74,246 $ 56,622
Amortization of subordinated debt costs 287 286 1,003
Increase in other assets (3,324) 5,261 (4,866)
Increase/(decrease) in other liabilities 6,295 2,116 226
Net cash provided by operating activities 70,080 118,901 75,463
Investing activities:      
Net cash used in investing activities (147,481) (356,067) (753,798)
Financing activities:      
Cash dividends paid on common stock (3,558) (3,645) (3,775)
Exercise of stock options, net stock swaps 42 292 187
Repayments of subordinated debt     (50,000)
Purchase of treasury shares (12,494) (32,722) (28,627)
Net cash provided by financing activities 74,997 280,437 171,817
Net (decrease)/increase in cash and cash equivalents (2,404) 43,271 (506,518)
Cash and cash equivalents at beginning of period 190,075 146,804 653,322
Cash and cash equivalents at end of period 187,671 190,075 146,804
Parent Company [Member]      
Operating activities:      
Net income 48,854 74,246 56,622
Undistributed earnings of Bank (17,337) (56,151) (62,897)
Amortization of subordinated debt costs 287 286 1,002
Increase in other assets (2,142) (1,676) (674)
Increase/(decrease) in other liabilities 451 (192) (1,979)
Net cash provided by operating activities 30,113 16,513 (7,926)
Financing activities:      
Cash dividends paid on common stock (3,558) (3,645) (3,775)
Exercise of stock options, net stock swaps 42 292 187
Repayments of subordinated debt     (50,000)
Purchase of treasury shares (12,494) (32,722) (28,627)
Net cash provided by financing activities (16,010) (36,075) (82,215)
Net (decrease)/increase in cash and cash equivalents 14,103 (19,562) (90,141)
Cash and cash equivalents at beginning of period 8,490 28,052 118,193
Cash and cash equivalents at end of period $ 22,593 $ 8,490 $ 28,052