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ALLOWANCE FOR CREDIT LOSSES (Tables)

3 Months Ended

Mar. 31, 2026

Credit Loss [Abstract]

Schedule of loan balances by segment and the corresponding balances in the allowance for loan losses

The following tables present the loan balances by segment, and the corresponding balances in the allowance as of March 31, 2026 and December 31, 2025. The allowance was based on the CECL methodology.

		March 31, 2026
						Ending ACL
						Attributable								Ending ACL
		Total				To				Total				Attributable
		Individually				Individually				Loans				To Loans								Total
		Evaluated				Evaluated				Collectively				Collectively				Total				Ending
(In thousands)		Loans				Loans				Evaluated				Evaluated				Loans				ACL
Primary residential mortgage		$	3,145			$	3			$	649,305			$	5,393			$	652,450			$	5,396
Junior lien loan on residence			104				—				60,600				195				60,704				195
Multifamily property			31,146				3,691				1,793,736				8,438				1,824,882				12,129
Owner-occupied commercial real estate			—				—				294,248				3,544				294,248				3,544
Investment commercial real estate			11,526				994				1,205,534				14,213				1,217,060				15,207
Commercial and industrial			13,377				2,037				1,862,026				22,275				1,875,403				24,312
Lease financing			23				—				273,357				2,544				273,380				2,544
Construction			—				—				20,533				209				20,533				209
Consumer and other loans			—				—				213,732				3,490				213,732				3,490
Total ACL		$	59,321			$	6,725			$	6,373,071			$	60,301			$	6,432,392			$	67,026

		December 31, 2025
						Ending ACL
						Attributable								Ending ACL
		Total				To				Total				Attributable
		Individually				Individually				Loans				To Loans								Total
		Evaluated				Evaluated				Collectively				Collectively				Total				Ending
(In thousands)		Loans				Loans				Evaluated				Evaluated				Loans				ACL
Primary residential mortgage		$	2,573			$	—			$	630,317			$	5,328			$	632,890			$	5,328
Junior lien loan on residence			106				—				61,314				208				61,420				208
Multifamily property			31,343				3,574				1,831,249				8,884				1,862,592				12,458
Owner-occupied commercial real estate			—				—				289,801				3,630				289,801				3,630
Investment commercial real estate			11,557				994				1,089,525				12,993				1,101,082				13,987
Commercial and industrial			22,641				7,466				1,800,916				21,919				1,823,557				29,385
Lease financing			23				—				266,015				2,554				266,038				2,554
Construction			—				—				24,959				297				24,959				297
Consumer and other loans			—				—				189,633				3,192				189,633				3,192
Total ACL		$	68,243			$	12,034			$	6,183,729			$	59,005			$	6,251,972			$	71,039

Schedule of loans individually evaluated by segment

The following tables present collateral dependent loans individually evaluated by segment as of March 31, 2026 and December 31, 2025:

		March 31, 2026
														Average
		Unpaid												Individually
		Principal				Recorded				Related				Evaluated
(In thousands)		Balance				Investment				Allowance				Loans
With no related allowance recorded:
Primary residential mortgage (A)		$	3,012			$	2,799			$	—			$	2,820
Junior lien loan on residence (A)			116				104				—				104
Multifamily property (B)			15,264				14,550				—				17,359
Investment commercial real estate (C)			12,500				9,597				—				9,606
Commercial and industrial (A)(C)(D)			16,705				8,800				—				15,105
Lease financing (E)			127				23				—				23
Total loans with no related allowance		$	47,724			$	35,873			$	—			$	45,017
With related allowance recorded:
Primary residential mortgage (A)		$	347			$	346			$	3			$	231
Multifamily property (B)			16,850				16,596				3,691				16,646
Investment commercial real estate (C)			1,929				1,929				994				1,929
Commercial and industrial (A)(C)(D)			4,577				4,577				2,037				4,574
Total loans with related allowance		$	23,703			$	23,448			$	6,725			$	23,380
Total loans individually evaluated		$	71,427			$	59,321			$	6,725			$	68,397

(A) Secured by residential real estate.

(B) Secured by multifamily residential properties.

(C) Secured by commercial real estate.

(D) Secured by all business assets.

(E) Secured by machinery and equipment.

		December 31, 2025
														Average
		Unpaid												Individually
		Principal				Recorded				Related				Evaluated
(In thousands)		Balance				Investment				Allowance				Loans
With no related allowance recorded:
Primary residential mortgage (A)		$	2,761			$	2,573			$	—			$	2,979
Junior lien loan on residence (A)			117				106				—				109
Multifamily property (B)			15,264				14,671				—				33,732
Investment commercial real estate (C)			12,500				9,628				—				9,682
Commercial and industrial (A)(C)(D)			9,057				8,600				—				21,608
Lease financing (E)			126				23				—				821
Total loans with no related allowance		$	39,825			$	35,601			$	—			$	68,931
With related allowance recorded:
Multifamily property (B)		$	16,862			$	16,672			$	3,574			$	14,748
Investment commercial real estate (C)			1,929				1,929				994				1,929
Commercial and industrial (A)(C)(D)			14,041				14,041				7,466				7,630
Total loans with related allowance		$	32,832			$	32,642			$	12,034			$	24,307
Total loans individually evaluated for impairment		$	72,657			$	68,243			$	12,034			$	93,238

(A) Secured by residential real estate.

(B) Secured by multifamily residential properties.

(C) Secured by commercial real estate.

(D) Secured by all business assets.

(E) Secured by machinery and equipment.

Schedule of Activity in Allowance for Loan and Losses

The activity in the allowance for credit losses for the three months ended March 31, 2026 and March 31, 2025 is summarized below:

		January 1,																March 31,
		2026																2026
		Beginning												Provision				Ending
(In thousands)		ACL				Charge-offs				Recoveries				(Credit) (A)				ACL
Primary residential mortgage		$	5,328			$	—			$	—			$	68			$	5,396
Junior lien loan on residence			208				—				—				(13	)			195
Multifamily property			12,458				(3,538	)			—				3,209				12,129
Owner-occupied commercial real estate			3,630				—				—				(86	)			3,544
Investment commercial real estate			13,987				—				—				1,220				15,207
Commercial and industrial			29,385				(7,810	)			25				2,712				24,312
Lease financing			2,554				—				—				(10	)			2,544
Construction			297				—				—				(88	)			209
Consumer and other loans			3,192				(12	)			—				310				3,490
Total ACL		$	71,039			$	(11,360	)		$	25			$	7,322			$	67,026

(A) Provision to roll forward the ACL excludes provision of $5,000 for off-balance sheet commitments.

		January 1,																March 31,
		2025																2025
		Beginning												Provision				Ending
(In thousands)		ACL				Charge-offs				Recoveries				(Credit) (A)				ACL
Primary residential mortgage		$	4,398			$	—			$	—			$	71			$	4,469
Junior lien loan on residence			180				—				—				15				195
Multifamily property			17,653				—				—				77				17,730
Owner-occupied commercial real estate			3,208				—				—				256				3,464
Investment commercial real estate			11,685				—				—				79				11,764
Commercial and industrial			33,075				(2,349	)			24				2,230				32,980
Lease financing			1,488				—				—				328				1,816
Construction			121				—				—				37				158
Consumer and other loans			1,184				(11	)			—				1,401				2,574
Total ACL		$	72,992			$	(2,360	)		$	24			$	4,494			$	75,150

(A) Provision to roll forward the ACL excludes a credit of $23,000 for off-balance sheet commitments.

Schedule of Activity in ACL for Off Balance Sheet Commitments

The following tables present the activity in the ACL for off-balance sheet commitments for the three months ended March 31, 2026 and 2025:

		January 1,
		2026								March 31,
		Beginning				Provision				2026
(In thousands)		ACL				(Credit)				Ending ACL
Off balance sheet commitments		$	608			$	5			$	613
Total ACL		$	608			$	5			$	613

		January 1,
		2025								March 31,
		Beginning				Provision				2025
(In thousands)		ACL				(Credit)				Ending ACL
Off balance sheet commitments		$	691			$	(23	)		$	668
Total ACL		$	691			$	(23	)		$	668

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Schedule of loans individually evaluated by segment.

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- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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- Definition

Tabular disclosure of allowance for credit loss of financing receivable, classified as current.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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