2020 Q1 Form 10-Q Financial Statement

#000100470220000116 Filed on May 11, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q4 2019 Q1
Revenue $98.21M $77.08M $76.42M
YoY Change 28.51% 6.52% 21.62%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.700M $3.000M $3.300M
YoY Change 12.12% -3.23% 3.13%
% of Gross Profit
Operating Expenses $62.80M $47.27M
YoY Change 32.84% -16.8%
Operating Profit
YoY Change
Interest Expense $18.56M $13.72M $12.03M
YoY Change 54.25% 30.46% 68.87%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $20.58M $26.63M $26.01M
YoY Change -20.89% -14.1% 304.37%
Income Tax $4.044M $3.181M $4.836M
% Of Pretax Income 19.65% 11.94% 18.59%
Net Earnings $16.53M $23.45M $21.17M
YoY Change -21.91% -12.28% 290.14%
Net Earnings / Revenue 16.83% 30.42% 27.71%
Basic Earnings Per Share $0.28 $0.47 $0.43
Diluted Earnings Per Share $0.27 $0.47 $0.42
COMMON SHARES
Basic Shares Outstanding 59.88M shares 50.36M shares 49.53M shares
Diluted Shares Outstanding 60.48M shares 50.15M shares

Balance Sheet

Concept 2020 Q1 2019 Q4 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $307.2M $133.2M $155.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $104.6M $102.7M $113.2M
YoY Change -7.65% -7.66% -7.07%
Goodwill $500.1M $374.6M $375.1M
YoY Change 33.32% 10.69% 11.13%
Intangibles $28.28M $15.61M $18.63M
YoY Change 51.78% -8.04% -6.62%
Long-Term Investments
YoY Change
Other Assets $4.000M $54.00M $71.00M
YoY Change -94.37% -20.59% 12.7%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $10.49B $8.246B $8.093B
YoY Change 29.61% 9.71% 7.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $27.00M $19.00M $21.00M
YoY Change 28.57%
Deferred Revenue
YoY Change
Short-Term Debt $90.00M $72.00M $66.00M
YoY Change 36.36% 16.13% -19.51%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $27.00M $19.00M $21.00M
YoY Change 28.57% -69.35% -74.39%
LONG-TERM LIABILITIES
Long-Term Debt $120.0M $97.00M $100.0M
YoY Change 20.0% -3.0% 1.01%
Other Long-Term Liabilities $124.0M $58.00M $71.00M
YoY Change 74.65% 11.54% 24.56%
Total Long-Term Liabilities $244.0M $155.0M $171.0M
YoY Change 42.69% 1.97% 9.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $27.00M $19.00M $21.00M
Total Long-Term Liabilities $244.0M $155.0M $171.0M
Total Liabilities $9.079B $7.093B $6.966B
YoY Change 30.34% 9.51% 7.37%
SHAREHOLDERS EQUITY
Retained Earnings $364.3M $358.7M $317.0M
YoY Change 14.92% 17.57% 17.84%
Common Stock $1.079B $841.2M $837.1M
YoY Change 28.91% 10.91% 12.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $25.65M $36.90M $14.64M
YoY Change 75.19% 240.53%
Treasury Stock Shares 648.9K shares 1.587M shares 618.6K shares
Shareholders Equity $1.410B $1.153B $1.127B
YoY Change
Total Liabilities & Shareholders Equity $10.49B $8.246B $8.093B
YoY Change 29.61% 9.71% 7.98%

Cashflow Statement

Concept 2020 Q1 2019 Q4 2019 Q1
OPERATING ACTIVITIES
Net Income $16.53M $23.45M $21.17M
YoY Change -21.91% -12.28% 290.14%
Depreciation, Depletion And Amortization $3.700M $3.000M $3.300M
YoY Change 12.12% -3.23% 3.13%
Cash From Operating Activities $63.70M $18.20M $38.07M
YoY Change 67.32% -40.13% 394.47%
INVESTING ACTIVITIES
Capital Expenditures $1.798M -$1.900M $840.0K
YoY Change 114.05% 72.73% -56.39%
Acquisitions -$59.40M
YoY Change -1686.83%
Other Investing Activities -$83.40M -$141.9M $9.500M
YoY Change -977.89% -1323.28% -88.97%
Cash From Investing Activities -$85.15M -$143.8M $8.633M
YoY Change -1086.32% -1456.6% -89.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $14.81M $3.805M
YoY Change 289.33%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $195.4M 103.1M -$13.49M
YoY Change -1549.22% -252.29% -83.59%
NET CHANGE
Cash From Operating Activities $63.70M 18.20M $38.07M
Cash From Investing Activities -$85.15M -143.8M $8.633M
Cash From Financing Activities $195.4M 103.1M -$13.49M
Net Change In Cash $174.0M -22.50M $33.22M
YoY Change 423.81% -15.73% 240.64%
FREE CASH FLOW
Cash From Operating Activities $63.70M $18.20M $38.07M
Capital Expenditures $1.798M -$1.900M $840.0K
Free Cash Flow $61.90M $20.10M $37.23M
YoY Change 66.26% -36.19% 544.88%

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CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q1 us-gaap Net Income Loss
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644000 USD
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115000 USD
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125000 USD
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0 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019Q1 us-gaap Comprehensive Income Net Of Tax
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912000 USD
CY2019Q1 us-gaap Amortization Of Esop Award
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400000 USD
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8644000 USD
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519000 USD
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3805000 USD
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CY2019Q1 us-gaap Stockholders Equity
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CY2019Q4 us-gaap Stockholders Equity
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16533000 USD
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1717000 USD
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1108000 USD
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347000 USD
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657000 USD
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14814000 USD
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CY2020Q1 us-gaap Stockholders Equity
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CY2019Q1 us-gaap Net Income Loss
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21173000 USD
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2126000 USD
CY2019Q1 us-gaap Other Depreciation And Amortization
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2257000 USD
CY2020Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
347000 USD
CY2019Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
400000 USD
CY2020Q1 us-gaap Share Based Compensation
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1108000 USD
CY2019Q1 us-gaap Share Based Compensation
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912000 USD
CY2020Q1 ocfc Tax Expense Benefit From Shared Based Compensation
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299000 USD
CY2019Q1 ocfc Tax Expense Benefit From Shared Based Compensation
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230000 USD
CY2020Q1 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
12000 USD
CY2019Q1 us-gaap Servicing Asset At Amortized Value Amortization1
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11000 USD
CY2020Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2019Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2020Q1 us-gaap Amortization Of Financing Costs And Discounts
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63000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs And Discounts
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54000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
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1578000 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
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1005000 USD
CY2020Q1 us-gaap Business Acquisitions Purchase Price Allocation Year Of Acquisition Net Effect On Income
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5637000 USD
CY2019Q1 us-gaap Business Acquisitions Purchase Price Allocation Year Of Acquisition Net Effect On Income
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4067000 USD
CY2020Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
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CY2019Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
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CY2020Q1 us-gaap Provision For Loan And Lease Losses
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CY2019Q1 us-gaap Provision For Loan And Lease Losses
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620000 USD
CY2020Q1 us-gaap Gains Losses On Sales Of Other Real Estate
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CY2019Q1 us-gaap Gains Losses On Sales Of Other Real Estate
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89000 USD
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0 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Other Financial Assets
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5000 USD
CY2020Q1 us-gaap Unrealized Gain Loss On Investments
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155000 USD
CY2019Q1 us-gaap Unrealized Gain Loss On Investments
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108000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
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173000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Mortgage Loans
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8000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
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7673000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
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503000 USD
CY2020Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
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25282000 USD
CY2019Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
495000 USD
CY2020Q1 us-gaap Bank Owned Life Insurance Income
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1575000 USD
CY2019Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1321000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
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1798000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
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840000 USD
CY2020Q1 us-gaap Cash Acquired From Acquisition
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23460000 USD
CY2020Q1 us-gaap Increase Decrease In Interest And Dividends Receivable
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2095000 USD
CY2019Q1 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
1020000 USD
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
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245000 USD
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448000 USD
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IncreaseDecreaseInOtherOperatingAssets
17012000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
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47501000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
34084000 USD
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47163000 USD
CY2019Q1 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
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16896000 USD
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CY2020Q1 us-gaap Payments For Proceeds From Loans And Leases
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CY2019Q1 us-gaap Payments For Proceeds From Loans And Leases
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CY2020Q1 ocfc Proceeds From Sale Of High Risk Loans
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9313000 USD
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0 USD
CY2020Q1 us-gaap Payments To Acquire Loans Receivable
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CY2019Q1 us-gaap Payments To Acquire Loans Receivable
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CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
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9980000 USD
CY2019Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2020Q1 us-gaap Payments To Acquire Held To Maturity Securities
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CY2019Q1 us-gaap Payments To Acquire Held To Maturity Securities
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CY2020Q1 us-gaap Payments To Acquire Equity Method Investments
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CY2019Q1 us-gaap Payments To Acquire Equity Method Investments
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53000 USD
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10223000 USD
CY2019Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
6250000 USD
CY2020Q1 us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
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13001000 USD
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6732000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2020Q1 ocfc Proceedsfrom Maturities Repaymentsand Callsof Debt Securities Fvni Availableforsale
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0 USD
CY2019Q1 ocfc Proceedsfrom Maturities Repaymentsand Callsof Debt Securities Fvni Availableforsale
ProceedsfromMaturitiesRepaymentsandCallsofDebtSecuritiesFVNIAvailableforsale
138000 USD
CY2020Q1 us-gaap Proceeds From Life Insurance Policies
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155000 USD
CY2019Q1 us-gaap Proceeds From Life Insurance Policies
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0 USD
CY2020Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
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36581000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
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22754000 USD
CY2020Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
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CY2019Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
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CY2020Q1 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
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89000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
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550000 USD
CY2019Q1 us-gaap Cash Acquired From Acquisition
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CY2020Q1 us-gaap Proceeds From Federal Home Loan Bank Advances
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460000000 USD
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CY2020Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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CY2019Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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CY2020Q1 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
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4832000 USD
CY2019Q1 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
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1072000 USD
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
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657000 USD
CY2019Q1 us-gaap Proceeds From Stock Options Exercised
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519000 USD
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1972000 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
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3805000 USD
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10274000 USD
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8644000 USD
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195442000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
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173989000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
33216000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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133226000 USD
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307215000 USD
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120792000 USD
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133226000 USD
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122328000 USD
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CY2019Q1 us-gaap Restricted Cash
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2576000 USD
CY2020Q1 us-gaap Federal Funds Sold
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CY2019Q1 us-gaap Federal Funds Sold
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307215000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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155544000 USD
CY2020Q1 us-gaap Interest Paid Net
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16000 USD
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199000 USD
CY2019Q1 us-gaap Interest Paid Net
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12492000 USD
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CY2019Q1 ocfc Net Loans Charged Off
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492000 USD
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211000 USD
CY2020Q1 ocfc Net Loans Charged Off
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1154000 USD
CY2020Q1 us-gaap Transfer To Other Real Estate
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106000 USD
CY2019Q1 us-gaap Transfer To Other Real Estate
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674000 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
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208880000 USD
CY2019Q1 us-gaap Noncash Or Part Noncash Acquisition Investments Acquired1
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103775000 USD
CY2020Q1 ocfc Noncash Or Part Noncash Acquisition Advances To Federal Home Loan Bank
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5334000 USD
CY2019Q1 ocfc Noncash Or Part Noncash Acquisition Advances To Federal Home Loan Bank
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313000 USD
CY2020Q1 ocfc Non Cash Or Part Non Cash Acquisition Loans
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1559497000 USD
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307017000 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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9744000 USD
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3389000 USD
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4161000 USD
CY2019Q1 ocfc Noncash Or Part Noncash Acquisition Other Real Estate Owned
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1387000 USD
CY2020Q1 ocfc Noncash Or Part Noncash Acquisition Bank Owned Life Insurance
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22440000 USD
CY2019Q1 ocfc Noncash Or Part Noncash Acquisition Bank Owned Life Insurance
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10460000 USD
CY2020Q1 ocfc Noncash Or Part Noncash Acquisition Deferred Tax Asset
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CY2019Q1 ocfc Noncash Or Part Noncash Acquisition Deferred Tax Asset
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3978000 USD
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10077000 USD
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1497000 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
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139275000 USD
CY2019Q1 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
39339000 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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1958608000 USD
CY2019Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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471155000 USD
CY2020Q1 ocfc Noncash Or Part Noncash Acquisition Deposits Assumed
NoncashOrPartNoncashAcquisitionDepositsAssumed
1594403000 USD
CY2019Q1 ocfc Noncash Or Part Noncash Acquisition Deposits Assumed
NoncashOrPartNoncashAcquisitionDepositsAssumed
449018000 USD
CY2020Q1 ocfc Noncash Or Part Noncash Acquisition Federal Home Loan Bank Advances
NoncashOrPartNoncashAcquisitionFederalHomeLoanBankAdvances
92618000 USD
CY2019Q1 ocfc Noncash Or Part Noncash Acquisition Federal Home Loan Bank Advances
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0 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
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33602000 USD
CY2019Q1 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
5051000 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
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1720623000 USD
CY2019Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
454069000 USD
CY2020Q1 us-gaap Basis Of Accounting
BasisOfAccounting
Basis of Presentation<div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The consolidated financial statements include the accounts of OceanFirst Financial Corp. (the “Company”) and its wholly-owned subsidiaries, OceanFirst Bank N.A. (the “Bank”) and OceanFirst Risk Management, Inc., and the Bank’s wholly-owned subsidiaries, OceanFirst REIT Holdings, Inc., and its wholly-owned subsidiary OceanFirst Management Corp., and its wholly-owned subsidiary OceanFirst Realty Corp., OceanFirst Services, LLC and its wholly-owned subsidiary OFB Reinsurance, Ltd., Hooper Holdings, LLC., TRREO Holdings LLC, Casaba Real Estate Holdings Corporation, Cohensey Bridge, L.L.C., Prosperis Financial, LLC, CBNJ Investments Corp., Country Property Holdings, Inc., Country Financial Services Inc., and TRCB Investment Corp. All significant intercompany accounts and transactions have been eliminated in consolidation.</span></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The interim consolidated financial statements reflect all normal and recurring adjustments which are, in the opinion of management, considered necessary for a fair presentation of the financial condition and results of operations for the periods presented. The results of operations for the </span><span style="font-family:inherit;font-size:10pt;">three</span><span style="font-family:inherit;font-size:10pt;"> months ended </span><span style="font-family:inherit;font-size:10pt;">March 31, 2020</span><span style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results of operations that may be expected for all of </span><span style="font-family:inherit;font-size:10pt;">2020</span><span style="font-family:inherit;font-size:10pt;">. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statements of financial condition and the results of operations for the period. Actual results could differ from these estimates.</span></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain information and note disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”).</span></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;padding-top:13px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Recently Adopted Accounting Pronouncements</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued ASU 2016-13, “Measurement of Credit Losses on Financial Instruments (Topic 326).” This ASU significantly changed how entities measure credit losses for financial assets and certain other instruments that are measured at amortized cost. The standard replaced the “incurred loss” approach with an “expected loss” model, which necessitates a forecast of lifetime losses. The new model, referred to as the current expected credit loss (“CECL”) model, applies to: (1) financial assets subject to credit losses and measured at amortized cost, and (2) certain off-balance sheet credit exposures. This includes, but is not limited to, loans, leases, held-to-maturity securities, loan commitments, and financial guarantees. The CECL model does not apply to available-for-sale (“AFS”) debt securities. The ASU simplifies the accounting model for purchased credit-impaired debt securities and loans. The standard’s provisions are to be applied as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective (i.e., modified retrospective approach). </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company adopted ASU 2016-13 using the modified retrospective method for all financial assets measured at amortized cost. Results for reporting periods beginning after January 1, 2020 are presented in accordance with ASU 2016-13, or Accounting Standards Codification (“ASC”) 326, while prior period amounts continue to be reported in accordance with previously applicable GAAP. The Company recorded a net decrease to retained earnings of </span><span style="font-family:inherit;font-size:10pt;"><span>$4,000</span></span><span style="font-family:inherit;font-size:10pt;">, net of tax, as of January 1, 2020 for the cumulative effect of adopting ASC 326. The transition adjustment included a decrease in the allowance for credit losses on loans of </span><span style="font-family:inherit;font-size:10pt;"><span>$475,000</span></span><span style="font-family:inherit;font-size:10pt;">, an increase in the allowance for credit losses on held to maturity debt securities of </span><span style="font-family:inherit;font-size:10pt;"><span>$1.3 million</span></span><span style="font-family:inherit;font-size:10pt;">, and a decrease in the allowance for credit losses on off-balance sheet credit exposures of </span><span style="font-family:inherit;font-size:10pt;"><span>$788,000</span></span><span style="font-family:inherit;font-size:10pt;">.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">As allowed by ASC 326, the Company elected not to maintain pools of loans accounted for under ASC 310-30. At </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">, purchase credit impaired (“PCI”) loans totaled </span><span style="font-family:inherit;font-size:10pt;"><span>$13.3 million</span></span><span style="font-family:inherit;font-size:10pt;">. In accordance with the standard, management did not reassess whether modifications individually acquired financial assets accounted for in pools were troubled debt restructured loans as of the date of adoption. Upon adoption, the Company’s PCI loans were converted to purchase credit deteriorated (“PCD”) loans as defined by ASC 326. The transition adjustment for the PCI loans to PCD loans resulted in a reclassification of </span><span style="font-family:inherit;font-size:10pt;"><span>$3.2 million</span></span><span style="font-family:inherit;font-size:10pt;"> from the specific credit fair value adjustment to the allowance for credit losses on loans.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Management estimates the allowance balance using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as changes in environmental conditions, such as changes in unemployments rates, property values, or other relevant factors. At </span><span style="font-family:inherit;font-size:10pt;">March 31, 2020</span><span style="font-family:inherit;font-size:10pt;">, </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">the Company utilized Oxford Economics to provide the macroeconomic forecasts for select variables through the SS&amp;C Technologies, Inc. EVOLV platform.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Expected credit losses are estimated over the contractual term of the loans, adjusted for expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU 2017-04, “Intangibles - Goodwill and Other (Topic 350) - Simplifying the Test for Goodwill Impairment.” This ASU intends to simplify the subsequent measurement of goodwill, eliminating Step 2 from the goodwill impairment test. Instead, an entity should perform its annual goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge by which the carrying amount exceeds the reporting unit’s fair value; however the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The ASU also eliminates the requirement for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment. ASU No. 2017-04 is effective for fiscal years beginning after December 15, 2019. The adoption of this update did not have an impact on the Company’s consolidated financial statements.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820) - Changes to the Disclosure Requirements for Fair Value Measurement.” This ASU updates the disclosure requirements on Fair Value measurements by 1) removing: the disclosures for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for timing of transfers between levels, and the valuation processes for Level 3 fair value measurements; 2) modifying: disclosures for timing of liquidation of an investee’s assets and disclosures for uncertainty in measurement as of reporting date; and 3) adding: disclosures for changes in unrealized gains and losses included in other comprehensive income for recurring level 3 fair value measurements and disclosures for the range and weighted average of the significant unobservable inputs used to develop Level 3 fair value measurements. ASU 2018-13 is effective for fiscal years beginning after December 15, 2019, with early adoption permitted to any removed or modified disclosures and delay adoption of additional disclosures until the effective date. With the exception of the following, which should be applied prospectively, disclosures relating to changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the disclosures for uncertainty measurement, all other changes should be applied retrospectively to all periods presented upon the effective date. The adoption of this update did not have an impact on the Company’s consolidated financial statements. Refer to Note 7 Fair Value Measurements, for additional information.</span></div>
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
-475000 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
1300000 USD
CY2019Q4 us-gaap Certain Loans And Debt Securities Acquired In Transfer No Allowance Recorded And No Subsequent Impairment
CertainLoansAndDebtSecuritiesAcquiredInTransferNoAllowanceRecordedAndNoSubsequentImpairment
13300000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Effect Of Change In Method
FinancingReceivableAllowanceForCreditLossesEffectOfChangeInMethod
3200000 USD
CY2020Q1 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-788000 USD
CY2019Q1 ocfc Business Acquisitions Pro Forma Net Interest Income
BusinessAcquisitionsProFormaNetInterestIncome
84302000 USD
CY2019Q1 ocfc Business Acquisitions Pro Forma Provision For Loan Losses
BusinessAcquisitionsProFormaProvisionForLoanLosses
1095000 USD
CY2019Q1 ocfc Business Acquisitions Pro Forma Noninterest Income
BusinessAcquisitionsProFormaNoninterestIncome
10963000 USD
CY2019Q1 ocfc Business Acquisitions Pro Forma Noninterest Expense
BusinessAcquisitionsProFormaNoninterestExpense
58535000 USD
CY2019Q1 ocfc Business Acquisitions Pro Forma Income Tax
BusinessAcquisitionsProFormaIncomeTax
6506000 USD
CY2019Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
29129000 USD
CY2019Q1 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.47
CY2020Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
60362000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
50099000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
460000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
517000 shares
CY2020Q1 ocfc Unallocated Incentive Award Shares And Shares Held By Deferred Compensation Plan
UnallocatedIncentiveAwardSharesAndSharesHeldByDeferredCompensationPlan
26000 shares
CY2019Q1 ocfc Unallocated Incentive Award Shares And Shares Held By Deferred Compensation Plan
UnallocatedIncentiveAwardSharesAndSharesHeldByDeferredCompensationPlan
56000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59876000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49526000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
603000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
624000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60479000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50150000 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1033000 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1083000 shares
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
149683000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4059000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
153738000 USD
CY2020Q1 ocfc Debt Securities Held To Maturity Net Of Allowance For Credit Losses
DebtSecuritiesHeldToMaturityNetOfAllowanceForCreditLosses
920687000 USD
CY2020Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
19053000 USD
CY2020Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
11158000 USD
CY2020Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
928582000 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2529000 USD
CY2020Q1 ocfc Available For Sale Securities And Held To Maturity Amortized Cost
AvailableForSaleSecuritiesAndHeldToMaturityAmortizedCost
1070370000 USD
CY2020Q1 ocfc Available For Sale Securities And Held To Maturity Securities Gross Unrealized Gain
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesGrossUnrealizedGain
23112000 USD
CY2020Q1 ocfc Available For Sale Securities And Held To Maturity Securities Gross Unrealized Loss
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesGrossUnrealizedLoss
11162000 USD
CY2020Q1 ocfc Available For Sale Securities And Held To Maturity Securities Estimated Fair Value
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesEstimatedFairValue
1082320000 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2529000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
149640000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1413000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
93000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
150960000 USD
CY2019Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
772975000 USD
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
8224000 USD
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
3909000 USD
CY2019Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
777290000 USD
CY2019Q4 ocfc Available For Sale Securities And Held To Maturity Amortized Cost
AvailableForSaleSecuritiesAndHeldToMaturityAmortizedCost
922615000 USD
CY2019Q4 ocfc Available For Sale Securities And Held To Maturity Securities Gross Unrealized Gain
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesGrossUnrealizedGain
9637000 USD
CY2019Q4 ocfc Available For Sale Securities And Held To Maturity Securities Gross Unrealized Loss
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesGrossUnrealizedLoss
4002000 USD
CY2019Q4 ocfc Available For Sale Securities And Held To Maturity Securities Estimated Fair Value
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesEstimatedFairValue
928250000 USD
CY2013Q3 ocfc Securities Transferred From Available For Sale To Held To Maturity
SecuritiesTransferredFromAvailableForSaleToHeldToMaturity
536000000.0 USD
CY2013Q3 ocfc Accumulated Other Comprehensive Income Loss Transfers From Available For Sale Securities To Held To Maturity
AccumulatedOtherComprehensiveIncomeLossTransfersFromAvailableForSaleSecuritiesToHeldToMaturity
-13300000 USD
CY2020Q1 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
920687000 USD
CY2019Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
772975000 USD
CY2020Q1 ocfc Other Comprehensive Income Loss Transfers From Available For Sale Securities To Held To Maturity
OtherComprehensiveIncomeLossTransfersFromAvailableForSaleSecuritiesToHeldToMaturity
-13347000 USD
CY2019 ocfc Other Comprehensive Income Loss Transfers From Available For Sale Securities To Held To Maturity
OtherComprehensiveIncomeLossTransfersFromAvailableForSaleSecuritiesToHeldToMaturity
-13347000 USD
CY2020Q1 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2529000 USD
CY2019Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
0 USD
CY2020Q1 ocfc Other Comprehensive Income Reclassification Of Accretion Of Net Unrealized Losses To Held To Maturity Securities
OtherComprehensiveIncomeReclassificationOfAccretionOfNetUnrealizedLossesToHeldToMaturitySecurities
9444000 USD
CY2019 ocfc Other Comprehensive Income Reclassification Of Accretion Of Net Unrealized Losses To Held To Maturity Securities
OtherComprehensiveIncomeReclassificationOfAccretionOfNetUnrealizedLossesToHeldToMaturitySecurities
9245000 USD
CY2020Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
914255000 USD
CY2019Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
768873000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
0 USD
CY2020Q1 ocfc Available For Sale And Held To Maturity Securities Amount Callable Amortized Cost
AvailableForSaleAndHeldToMaturitySecuritiesAmountCallableAmortizedCost
57000000.0 USD
CY2020Q1 ocfc Available For Sale And Held To Maturity Securities Amount Callable Fair Value Disclosure
AvailableForSaleAndHeldToMaturitySecuritiesAmountCallableFairValueDisclosure
49000000.0 USD
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
82453000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
82780000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
199795000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
204837000 USD
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
77653000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
70576000 USD
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
110067000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
110407000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
469968000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
468600000 USD
CY2020Q1 us-gaap Pledged Assets Separately Reported Securities Pledged For Other Debt Obligations At Fair Value
PledgedAssetsSeparatelyReportedSecuritiesPledgedForOtherDebtObligationsAtFairValue
455600000 USD
CY2019Q4 us-gaap Pledged Assets Separately Reported Securities Pledged For Other Debt Obligations At Fair Value
PledgedAssetsSeparatelyReportedSecuritiesPledgedForOtherDebtObligationsAtFairValue
475600000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
4900000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
4000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
4900000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
4000 USD
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
145783000 USD
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
3725000 USD
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
51025000 USD
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
7433000 USD
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
196808000 USD
CY2020Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
11158000 USD
CY2020Q1 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
150683000 USD
CY2020Q1 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses
3729000 USD
CY2020Q1 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
51025000 USD
CY2020Q1 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses
7433000 USD
CY2020Q1 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
201708000 USD
CY2020Q1 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses
11162000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
25021000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
54000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
22451000 USD
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39000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
47472000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
93000 USD
CY2019Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
67314000 USD
CY2019Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
452000 USD
CY2019Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
151085000 USD
CY2019Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
3457000 USD
CY2019Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
218399000 USD
CY2019Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
3909000 USD
CY2019Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
92335000 USD
CY2019Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses
506000 USD
CY2019Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
173536000 USD
CY2019Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses
3496000 USD
CY2019Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
265871000 USD
CY2019Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses
4002000 USD
CY2020Q1 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
7932590000 USD
CY2019Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
6214652000 USD
CY2020Q1 ocfc Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
10586000 USD
CY2019Q4 ocfc Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
9880000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
29635000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16852000 USD
CY2020Q1 us-gaap Notes Receivable Net
NotesReceivableNet
7913541000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
6207680000 USD
CY2020Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
413599000 USD
CY2020Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1506439000 USD
CY2020Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
1080978000 USD
CY2020Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
966010000 USD
CY2020Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
748449000 USD
CY2020Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
2882253000 USD
CY2020Q1 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
334862000 USD
CY2020Q1 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
7932590000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16852000 USD
CY2020Q1 ocfc Financing Receivable Credit Loss Expense Reversal Including Purchased With Credit Deterioration
FinancingReceivableCreditLossExpenseReversalIncludingPurchasedWithCreditDeterioration
8597000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Loss Purchased With Credit Deterioration Increase
FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
2639000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1384000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
230000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
29635000 USD
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16577000 USD
CY2019Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
620000 USD
CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
868000 USD
CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
376000 USD
CY2019Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16705000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
476000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
16376000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16852000 USD
CY2019Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
26510000 USD
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
6174877000 USD
CY2019Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
6201387000 USD
CY2020Q1 ocfc Minimum Amount Of Nonaccrual Business And Commercial Real Estate Loans Evaluated Individually For Impairment
MinimumAmountOfNonaccrualBusinessAndCommercialRealEstateLoansEvaluatedIndividuallyForImpairment
250000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
26500000 USD
CY2019Q4 ocfc Specific Reserves On Nonaccrual Troubled Debt Restructurings
SpecificReservesOnNonaccrualTroubledDebtRestructurings
476000 USD
CY2019Q1 ocfc Average Balances Of Impaired Loans
AverageBalancesOfImpairedLoans
32100000 USD
CY2020Q1 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
23889000 USD
CY2019Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
17849000 USD
CY2020Q1 ocfc Financing Receivable Commitments To Lend Additional Funds On Non Accrual Loans
FinancingReceivableCommitmentsToLendAdditionalFundsOnNonAccrualLoans
0 USD
CY2020Q1 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
23900000 USD
CY2019Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
17800000 USD
CY2020Q1 ocfc Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDueAndStillAccruing
0 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
13932000 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
70420000 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
7862170000 USD
CY2020Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
7932590000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
9286000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
26636000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
6174751000 USD
CY2019Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
6201387000 USD
CY2020Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
22400000 USD
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
24600000 USD
CY2020Q1 ocfc Non Accrual Troubled Debt Restructurings
NonAccrualTroubledDebtRestructurings
6200000 USD
CY2019 ocfc Non Accrual Troubled Debt Restructurings
NonAccrualTroubledDebtRestructurings
6600000 USD
CY2020Q1 ocfc Specific Reserves On Nonaccrual Troubled Debt Restructurings
SpecificReservesOnNonaccrualTroubledDebtRestructurings
424000 USD
CY2019Q4 ocfc Specific Reserves On Nonaccrual Troubled Debt Restructurings
SpecificReservesOnNonaccrualTroubledDebtRestructurings
476000 USD
CY2020Q1 ocfc Financing Receivable Impaired Troubled Debt Restructuring Performing Loan Amount
FinancingReceivableImpairedTroubledDebtRestructuringPerformingLoanAmount
16100000 USD
CY2019Q4 ocfc Financing Receivable Impaired Troubled Debt Restructuring Performing Loan Amount
FinancingReceivableImpairedTroubledDebtRestructuringPerformingLoanAmount
18000000.0 USD
CY2020Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2020Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 USD
CY2019Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2019Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 USD
CY2018Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
3630000 USD
CY2019Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
1171000 USD
CY2019Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
653000 USD
CY2020Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
45000 USD
CY2019Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
4193000 USD
CY2020Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1783216000 USD
CY2019Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1377396000 USD
CY2020Q1 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
2647487000 USD
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
2539428000 USD
CY2020Q1 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
620145000 USD
CY2019Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
578147000 USD
CY2020Q1 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
1420628000 USD
CY2019Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
898174000 USD
CY2020Q1 us-gaap Time Deposits
TimeDeposits
1420591000 USD
CY2019Q4 us-gaap Time Deposits
TimeDeposits
935632000 USD
CY2020Q1 us-gaap Deposits
Deposits
7892067000 USD
CY2019Q4 us-gaap Deposits
Deposits
6328777000 USD
CY2020Q1 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
293300000 USD
CY2019Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
150600000 USD
CY2020Q1 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
51700000 USD
CY2019Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
13700000 USD
CY2020Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
48900000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
10700000 USD
CY2020Q1 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
624000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-547000 USD
CY2020Q1 ocfc Numberof Finance Leases
NumberofFinanceLeases
1 lease
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
27037000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18682000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1494000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1534000 USD
CY2020Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
27000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
934000 USD
CY2020Q1 ocfc Leases Rightof Use Asset
LeasesRightofUseAsset
28531000 USD
CY2019Q4 ocfc Leases Rightof Use Asset
LeasesRightofUseAsset
20216000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
27322000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
18893000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
1906000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1953000 USD
CY2020Q1 ocfc Leases Liability
LeasesLiability
29228000 USD
CY2019Q4 ocfc Leases Liability
LeasesLiability
20846000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y7M28D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y8M8D
CY2020Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P9Y4M6D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P9Y7M6D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0300
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0345
CY2020Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0563
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0563
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
1723000 USD
CY2019Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
969000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
40000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
108000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
27000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
90000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
1790000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
1167000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1648000 USD
CY2019Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
90000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
47000 USD
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
127000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
295000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6570000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
295000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6271000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
295000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4046000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
295000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2785000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
295000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2456000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
868000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
9199000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2343000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
31327000 USD
CY2020Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
437000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4005000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
1906000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
27322000 USD

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