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FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on Recurring Basis

The following tables summarize, at the dates indicated, assets measured at fair value on a recurring basis, including financial assets for which the Company has elected the fair value option:

Assets Measured on a Recurring Basis

						Fair Value Measurements Using
						Quoted
						Prices in
						Active				Significant
						Markets For				Other				Significant
						Identical				Observable				Unobservable
		September 30,				Assets				Inputs				Inputs
(In thousands)		2025				(Level 1)				(Level 2)				(Level 3)
Assets:
Available for sale:
U.S. government-sponsored agencies		$	209,304			$	—			$	209,304			$	—
Mortgage-backed securities-residential			514,233				—				514,233				—
SBA pool securities			17,824				—				17,824				—
Corporate bond			15,217				—				15,217				—
CRA investment fund			13,403				13,403				—				—
Derivatives:
Cash flow hedges			2,894				—				2,894				—
Loan level swaps			9,776				—				9,776				—
Total		$	782,651			$	13,403			$	769,248			$	—
Liabilities:
Derivatives:
Cash flow hedges			7				—				7				—
Loan level swaps			9,776				—				9,776				—
Total		$	9,783			$	—			$	9,783			$	—

Assets Measured on a Recurring Basis

						Fair Value Measurements Using
						Quoted
						Prices in
						Active				Significant
						Markets For				Other				Significant
						Identical				Observable				Unobservable
		December 31,				Assets				Inputs				Inputs
(In thousands)		2024				(Level 1)				(Level 2)				(Level 3)
Assets:
Securities available for sale:
U.S. government-sponsored agencies		$	196,914			$	—			$	196,914			$	—
Mortgage-backed securities-residential			548,612				—				548,612				—
SBA pool securities			24,482				—				24,482				—
Corporate bond			14,536				—				14,536				—
CRA investment fund			13,041				13,041				—				—
Derivatives:
Cash flow hedges			7,815				—				7,815				—
Loan level swaps			22,275				—				22,275				—
Total		$	827,675			$	13,041			$	814,634			$	—
Liabilities:
Derivatives:
Loan level swaps		$	22,275			$	—			$	22,275			$	—
Total		$	22,275			$	—			$	22,275			$	—

Schedule of Assets Measured at Fair Value on Non-Recurring Basis

The following tables summarize, at the dates indicated, assets measured at fair value on a non-recurring basis:

						Fair Value Measurements Using
						Quoted
						Prices in
						Active				Significant
						Markets For				Other				Significant
						Identical				Observable				Unobservable
		September 30,				Assets				Inputs				Inputs
(In thousands)		2025				(Level 1)				(Level 2)				(Level 3)
Assets:
Individually evaluated loans:
Multifamily property		$	20,408			$	—			$	—			$	20,408
Investment commercial real estate			934				—				—				934
Commercial and industrial			3,770				—				—				3,770
Lease financing			680				—				—				680

						Fair Value Measurements Using
						Quoted
						Prices in
						Active				Significant
						Markets For				Other				Significant
						Identical				Observable				Unobservable
		December 31,				Assets				Inputs				Inputs
(In thousands)		2024				(Level 1)				(Level 2)				(Level 3)
Assets:
Individually evaluated loans:
Multifamily property		$	32,661			$	—			$	—			$	32,661
Investment commercial real estate			1,195				—				—				1,195
Commercial and industrial			21,465				—				—				21,465
Lease financing			679				—				—				679

Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments

The carrying amounts and estimated fair values of financial instruments at September 30, 2025 are as follows:

						Fair Value Measurements at September 30, 2025 using
		Carrying
(In thousands)		Amount				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	347,186			$	347,186			$	—			$	—			$	347,186
Securities available for sale			756,578				—				756,578				—				756,578
Securities held to maturity			97,414				—				88,259				—				88,259
CRA investment fund			13,403				13,403				—				—				13,403
FHLB and FRB stock			11,387				—				—				—			N/A
Loans held for sale, at lower of cost or fair value			8,298				—				8,975				—				8,975
Loans, net of allowance for credit losses			5,950,325				—				—				5,923,482				5,923,482
Accrued interest receivable			34,120				—				3,247				30,873				34,120
Accrued interest receivable loan level swaps (A)			668				—				668				—				668
Cash flow hedges			2,894				—				2,894				—				2,894
Loan level swaps			9,108				—				9,108				—				9,108
Financial liabilities
Deposits		$	6,562,162			$	6,163,925			$	395,641			$	—			$	6,559,566
Subordinated debt			98,981				—				—				97,045				97,045
Accrued interest payable			7,672				6,050				728				894				7,672
Accrued interest payable loan level swaps (B)			668				—				668				—				668
Cash flow hedges			7				—				7				—				7
Loan level swap			9,108				—				9,108				—				9,108

(A)Included in other assets in the Consolidated Statement of Condition.

(B)Included in accrued expenses and other liabilities in the Consolidated Statement of Condition.

The carrying amounts and estimated fair values of financial instruments at December 31, 2024 are as follows:

						Fair Value Measurements at December 31, 2024 using
		Carrying
(In thousands)		Amount				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	391,367			$	391,367			$	—			$	—			$	391,367
Securities available for sale			784,544				—				784,544				—				784,544
Securities held to maturity			101,635				—				88,650				—				88,650
CRA investment fund			13,041				13,041				—				—				13,041
FHLB and FRB stock			12,373				—				—				—			N/A
Loans held for sale, at lower of cost or fair value			8,594				—				9,315				—				9,315
Loans, net of allowance for loan and lease losses			5,439,334				—				—				5,198,085				5,198,085
Accrued interest receivable			29,898				—				3,695				26,203				29,898
Accrued interest receivable loan level swaps (A)			849				—				849				—				849
Cash flow hedges			7,815				—				7,815				—				7,815
Loan level swaps			21,426				—				21,426				—				21,426
Financial liabilities
Deposits		$	6,129,022			$	5,638,163			$	488,026			$	—			$	6,126,189
Subordinated debt			133,561				—				—				125,750				125,750
Accrued interest payable			8,354				6,327				1,881				146				8,354
Accrued interest payable loan level swaps (B)			849				—				849				—				849
Loan level swaps			21,426				—				21,426				—				21,426

(A)Included in other assets in the Consolidated Statement of Condition.

(B)Included in accrued expenses and other liabilities in the Consolidated Statement of Condition.

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
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-Publisher FASB
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- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-SubTopic 10
-Topic 825
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482881/825-10-55-10

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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-SubTopic 10
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-Section 50
-Paragraph 2
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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