$OCFC
OCEANFIRST FINANCIAL CORP Stock $ocfc

$ocfc Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000100470224000098 Filed on August 01, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$161.5M	$159.4M
YoY Change	1.97%	6.22%
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	$3.525M	$3.738M
YoY Change	-16.07%	-6.25%
% of Gross Profit
Operating Expenses	$63.74M	$58.62M
YoY Change	-1.16%	-6.85%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$32.65M	$31.51M
YoY Change	20.97%	-14.55%
Income Tax	$7.464M	$7.082M
% Of Pretax Income	22.86%	22.47%
Net Earnings	$24.11M	$23.37M
YoY Change	16.67%	-12.78%
Net Earnings / Revenue	14.93%	14.66%
Basic Earnings Per Share	$0.42	$0.40
Diluted Earnings Per Share	$0.42	$0.40
COMMON SHARES
Basic Shares Outstanding	58.48M shares	58.71M shares
Diluted Shares Outstanding	58.07M shares	58.36M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$214.2M	$181.2M
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	$116.1M	$117.4M
YoY Change	-18.25%	-5.44%
Goodwill	$506.1M	$506.1M
YoY Change	0.0%	0.0%
Intangibles	$7.056M	$7.859M
YoY Change	-32.73%	-31.52%
Long-Term Investments
YoY Change
Other Assets	$0.00	$28.00K
YoY Change	-100.0%	-99.22%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$13.49B	$13.32B
YoY Change	-0.07%	-1.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$17.83M	$18.76M
YoY Change	-15.09%	-11.01%
Deferred Revenue
YoY Change
Short-Term Debt	$81.16M	$80.00M
YoY Change	-2.21%	7.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$81.16M	$80.00M
YoY Change	-21.96%	7.45%
LONG-TERM LIABILITIES
Long-Term Debt	$419.9M	$424.5M
YoY Change	114.25%	116.66%
Other Long-Term Liabilities	$284.9M	$357.2M
YoY Change	-32.34%	-8.92%
Total Long-Term Liabilities	$704.8M	$781.7M
YoY Change	14.23%	32.91%
TOTAL LIABILITIES
Total Short-Term Liabilities	$81.16M	$80.00M
Total Long-Term Liabilities	$704.8M	$781.7M
Total Liabilities	$11.79B	$11.65B
YoY Change	-0.55%	-2.25%
SHAREHOLDERS EQUITY
Retained Earnings	$632.5M	$620.0M
YoY Change	9.48%	8.8%
Common Stock	$1.167B	$1.165B
YoY Change	0.46%	0.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.694B	$1.676B
YoY Change
Total Liabilities & Shareholders Equity	$13.49B	$13.32B
YoY Change	-0.07%	-1.6%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$24.11M	$23.37M
YoY Change	16.67%	-12.78%
Depreciation, Depletion And Amortization	$3.525M	$3.738M
YoY Change	-16.07%	-6.25%
Cash From Operating Activities	-$22.39M	$23.72M
YoY Change	-140.85%	-67.01%
INVESTING ACTIVITIES
Capital Expenditures	$1.087M	$4.182M
YoY Change	-22.36%	63.1%
Acquisitions
YoY Change
Other Investing Activities	-$152.5M	$152.2M
YoY Change	-1609.97%	-2914.33%
Cash From Investing Activities	-$153.6M	$148.0M
YoY Change	-1865.45%	-1956.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	209.0M	-120.9M
YoY Change	-285.9%	18.09%
NET CHANGE
Cash From Operating Activities	-22.39M	23.72M
Cash From Investing Activities	-153.6M	148.0M
Cash From Financing Activities	209.0M	-120.9M
Net Change In Cash	32.97M	50.78M
YoY Change	-167.43%	-231.93%
FREE CASH FLOW
Cash From Operating Activities	-$22.39M	$23.72M
Capital Expenditures	$1.087M	$4.182M
Free Cash Flow	-$23.48M	$19.53M
YoY Change	-143.96%	-71.82%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	51032000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	51032000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	53672000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	53672000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	-15000	usd
CY2023Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1004000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Next Rolling Twelve Months FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths	175000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths	2401000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Rolling Year Two FinanceLeaseLiabilityPaymentsDueInRollingYearTwo	350000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Two LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo	4622000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Rolling Year Three FinanceLeaseLiabilityPaymentsDueInRollingYearThree	350000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Three LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree	4054000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Rolling Year Four FinanceLeaseLiabilityPaymentsDueInRollingYearFour	350000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Four LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour	2696000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Rolling Year Five FinanceLeaseLiabilityPaymentsDueInRollingYearFive	350000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due In Rolling Year Five LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive	1524000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due In Rolling After Year Five FinanceLeaseLiabilityPaymentsDueInRollingAfterYearFive	209000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Rolling Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive	5544000	usd
CY2024Q2	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	1784000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	20841000	usd
CY2024Q2	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	229000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2081000	usd
CY2024Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	1555000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	18760000	usd
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	us-gaap	Derivative Asset Statement Of Financial Position Extensible Enumeration DerivativeAssetStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2024#OtherAssets
CY2024Q2	us-gaap	Derivative Liability Statement Of Financial Position Extensible Enumeration DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2024#OtherLiabilities
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAssets
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAssets
CY2024Q2	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
CY2024Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherLiabilities
CY2023Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherLiabilities
CY2024Q2	us-gaap	Finance Lease Liability Statement Of Financial Position Extensible List FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherBorrowings
CY2023Q4	us-gaap	Finance Lease Liability Statement Of Financial Position Extensible List FinanceLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherBorrowings
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	55000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1626283000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1665837000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	24432000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	2230000	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1591000	usd
CY2024Q2	us-gaap	Amortization Of Esop Award AmortizationOfESOPAward	249000	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	11703000	usd
CY2024Q2	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	338087	shares
CY2024Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	4963000	usd
CY2024Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1004000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1676669000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1585464000	usd
	us-gaap	Profit Loss ProfitLoss	55781000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	5634000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3336000	usd
	us-gaap	Amortization Of Esop Award AmortizationOfESOPAward	1130000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.40
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	23592000	usd
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	593000	usd
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	2008000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	55000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1626283000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1661945000	usd
	us-gaap	Profit Loss ProfitLoss	53042000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3677000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3132000	usd
	us-gaap	Amortization Of Esop Award AmortizationOfESOPAward	516000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.40
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	23553000	usd
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	1295914	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	20082000	usd
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	2008000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1676669000	usd
	us-gaap	Profit Loss ProfitLoss	53042000	usd
	us-gaap	Profit Loss ProfitLoss	55781000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5696000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6082000	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	516000	usd
	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	1130000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3132000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3336000	usd
	ocfc	Tax Expense Benefit From Shared Based Compensation TaxExpenseBenefitFromSharedBasedCompensation	-365000	usd
	ocfc	Tax Expense Benefit From Shared Based Compensation TaxExpenseBenefitFromSharedBasedCompensation	-244000	usd
	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	120000	usd
	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	20000	usd
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-349000	usd
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-2012000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	309000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	297000	usd
	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	1654000	usd
	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	2021000	usd
	us-gaap	Business Acquisitions Purchase Price Allocation Year Of Acquisition Net Effect On Income BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome	2056000	usd
	us-gaap	Business Acquisitions Purchase Price Allocation Year Of Acquisition Net Effect On Income BusinessAcquisitionsPurchasePriceAllocationYearOfAcquisitionNetEffectOnIncome	2448000	usd
	ocfc	Net Accretion Amortization Of Deferred Fees And Discounts On Loans NetAccretionAmortizationOfDeferredFeesAndDiscountsOnLoans	1103000	usd
	ocfc	Net Accretion Amortization Of Deferred Fees And Discounts On Loans NetAccretionAmortizationOfDeferredFeesAndDiscountsOnLoans	818000	usd
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	3705000	usd
	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	4242000	usd
	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	0	usd
	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	459000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	168000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	26000	usd
	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	-106000	usd
	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	-697000	usd
	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	2810000	usd
	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-7360000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	777000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	53000	usd
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	75786000	usd
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	22578000	usd
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	71905000	usd
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	26035000	usd
	ocfc	Bank Owned Life Insurance Income Net BankOwnedLifeInsuranceIncomeNet	4181000	usd
	ocfc	Bank Owned Life Insurance Income Net BankOwnedLifeInsuranceIncomeNet	2463000	usd
	ocfc	Gain Loss On Sale Of Assets Held For Sale GainLossOnSaleOfAssetsHeldForSale	0	usd
	ocfc	Gain Loss On Sale Of Assets Held For Sale GainLossOnSaleOfAssetsHeldForSale	-44000	usd
	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	-898000	usd
	us-gaap	Increase Decrease In Interest And Dividends Receivable IncreaseDecreaseInInterestAndDividendsReceivable	3229000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	920000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-33000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	23414000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-6424000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	29644000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	18640000	usd
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	16786000	usd
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	40481000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	69828000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	96262000	usd
	ocfc	Net Increase Decrease In Loan Receivable NetIncreaseDecreaseInLoanReceivable	174954000	usd
	ocfc	Net Increase Decrease In Loan Receivable NetIncreaseDecreaseInLoanReceivable	-163714000	usd
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	14280000	usd
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	4287000	usd
	ocfc	Payments To Acquire Other Held To Maturity Securities PaymentsToAcquireOtherHeldToMaturitySecurities	6069000	usd
	ocfc	Payments To Acquire Other Held To Maturity Securities PaymentsToAcquireOtherHeldToMaturitySecurities	63661000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	1495000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	7175000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	15410000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	15800000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	11490000	usd
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	11465000	usd
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	2394000	usd
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	1300000	usd
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	0	usd
	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	4822000	usd
	ocfc	Proceedsfrom Maturities Repaymentsand Callsof Debt Securities Fvni Availableforsale ProceedsfromMaturitiesRepaymentsandCallsofDebtSecuritiesFVNIAvailableforsale	34496000	usd
	ocfc	Proceedsfrom Maturities Repaymentsand Callsof Debt Securities Fvni Availableforsale ProceedsfromMaturitiesRepaymentsandCallsofDebtSecuritiesFVNIAvailableforsale	0	usd
	ocfc	Principal Repayments On Debt Investment Securities Held To Maturity PrincipalRepaymentsOnDebtInvestmentSecuritiesHeldToMaturity	49286000	usd
	ocfc	Principal Repayments On Debt Investment Securities Held To Maturity PrincipalRepaymentsOnDebtInvestmentSecuritiesHeldToMaturity	51012000	usd
	us-gaap	Proceeds From Life Insurance Policies ProceedsFromLifeInsurancePolicies	2812000	usd
	us-gaap	Proceeds From Life Insurance Policies ProceedsFromLifeInsurancePolicies	230000	usd
	us-gaap	Proceeds From Sale Of Federal Home Loan Bank Stock ProceedsFromSaleOfFederalHomeLoanBankStock	55020000	usd
	us-gaap	Proceeds From Sale Of Federal Home Loan Bank Stock ProceedsFromSaleOfFederalHomeLoanBankStock	105427000	usd
	us-gaap	Payments To Acquire Federal Home Loan Bank Stock PaymentsToAcquireFederalHomeLoanBankStock	53933000	usd
	us-gaap	Payments To Acquire Federal Home Loan Bank Stock PaymentsToAcquireFederalHomeLoanBankStock	101449000	usd
	us-gaap	Proceeds From Sale Of Property Held For Sale ProceedsFromSaleOfPropertyHeldForSale	0	usd
	us-gaap	Proceeds From Sale Of Property Held For Sale ProceedsFromSaleOfPropertyHeldForSale	328000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4862000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4717000	usd
	us-gaap	Proceeds From Sale Of Other Property Plant And Equipment ProceedsFromSaleOfOtherPropertyPlantAndEquipment	3369000	usd
	us-gaap	Proceeds From Sale Of Other Property Plant And Equipment ProceedsFromSaleOfOtherPropertyPlantAndEquipment	0	usd
	ocfc	Repayment To Fhlb Borrowings Financing Activities RepaymentToFHLBBorrowingsFinancingActivities	59299000	usd
	ocfc	Repayment To Fhlb Borrowings Financing Activities RepaymentToFHLBBorrowingsFinancingActivities	119500000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	12194000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	70000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	278479000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	23128000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	290673000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	23198000	usd
CY2024Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	84769000	usd
CY2024Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	604000	usd
CY2024Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	897090000	usd
CY2024Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	102716000	usd
CY2024Q2	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	981859000	usd
CY2024Q2	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	103320000	usd
CY2024Q2	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	96963000	usd
CY2024Q2	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses	674000	usd
CY2024Q2	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	1175569000	usd
CY2024Q2	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses	125844000	usd
CY2024Q2	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	1272532000	usd
CY2024Q2	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Aggregate Losses AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses	126518000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	171376000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	264000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	451856000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	26117000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	623232000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	26381000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	124433000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	1559000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	849609000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	92424000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Continuous Unrealized Loss Position Fair Value HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	974042000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	93983000	usd
CY2023Q4	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	295809000	usd
CY2023Q4	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses	1823000	usd
CY2023Q4	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	1301465000	usd
CY2023Q4	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses	118541000	usd
CY2023Q4	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue	1597274000	usd
CY2023Q4	ocfc	Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Aggregate Losses AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses	120364000	usd
CY2024Q2	ocfc	Equity Investments EquityInvestments	104100000	usd
CY2023Q4	ocfc	Equity Investments EquityInvestments	100200000	usd
CY2024Q2	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	887000	usd
CY2023Q2	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-559000	usd
	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	2810000	usd
	us-gaap	Marketable Securities Unrealized Gain Loss MarketableSecuritiesUnrealizedGainLoss	-7360000	usd
CY2024Q2	us-gaap	Equity Securities Fv Ni Realized Gain Loss EquitySecuritiesFvNiRealizedGainLoss	0	usd
CY2023Q2	us-gaap	Equity Securities Fv Ni Realized Gain Loss EquitySecuritiesFvNiRealizedGainLoss	-854000	usd
	us-gaap	Equity Securities Fv Ni Realized Gain Loss EquitySecuritiesFvNiRealizedGainLoss	0	usd
	us-gaap	Equity Securities Fv Ni Realized Gain Loss EquitySecuritiesFvNiRealizedGainLoss	-5462000	usd
CY2024Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	887000	usd
CY2023Q2	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	295000	usd
	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	2810000	usd
	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-1898000	usd
CY2024Q2	us-gaap	Financing Receivable Before Allowance For Credit Loss And Fee FinancingReceivableBeforeAllowanceForCreditLossAndFee	10019328000	usd
CY2023Q4	us-gaap	Financing Receivable Before Allowance For Credit Loss And Fee FinancingReceivableBeforeAllowanceForCreditLossAndFee	10194595000	usd
CY2024Q2	us-gaap	Financing Receivable Unamortized Loan Fee Cost FinancingReceivableUnamortizedLoanFeeCost	10628000	usd
CY2023Q4	us-gaap	Financing Receivable Unamortized Loan Fee Cost FinancingReceivableUnamortizedLoanFeeCost	9263000	usd
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	68839000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	67137000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss	9961117000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss	10136721000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear	228983000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear	586602000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear	2240236000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear	1997690000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear	970096000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear	2870500000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Revolving FinancingReceivableExcludingAccruedInterestRevolving	1125221000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	10019328000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear	633062000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear	2288236000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear	2039019000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear	1003434000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear	855884000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear	2243184000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Revolving FinancingReceivableExcludingAccruedInterestRevolving	1131776000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	10194595000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	67173000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	3118000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	1600000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	148000	usd
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	68839000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	1719000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	206000	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	83000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	61791000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	3503000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	2041000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	240000	usd
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	68839000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	5043000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff	216000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	140000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	61791000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	1600000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	2000000.0	usd
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff	206000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff	216000	usd
CY2024Q2	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	33422000	usd
CY2023Q4	us-gaap	Financing Receivable Nonaccrual No Allowance FinancingReceivableNonaccrualNoAllowance	29548000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	10019328000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	10194595000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Modified Accumulated FinancingReceivableExcludingAccruedInterestModifiedAccumulated	23700000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Modified Accumulated FinancingReceivableExcludingAccruedInterestModifiedAccumulated	8900000	usd
CY2024Q2	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	11878000	usd
CY2024Q2	us-gaap	Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent	0.0012
CY2023Q2	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	423000	usd
CY2023Q2	us-gaap	Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent	0
	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	15149000	usd
	us-gaap	Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent	0.0015
	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	898000	usd
	us-gaap	Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent	0.0001
CY2024	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	23118000	usd
	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	898000	usd
CY2024Q2	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	1632521000	usd
CY2023Q4	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	1657119000	usd
CY2024Q2	us-gaap	Interest Bearing Domestic Deposit Checking InterestBearingDomesticDepositChecking	3667837000	usd
CY2023Q4	us-gaap	Interest Bearing Domestic Deposit Checking InterestBearingDomesticDepositChecking	3911766000	usd
CY2024Q2	us-gaap	Deposits Money Market Deposits DepositsMoneyMarketDeposits	1210312000	usd
CY2023Q4	us-gaap	Deposits Money Market Deposits DepositsMoneyMarketDeposits	1021805000	usd
CY2024Q2	us-gaap	Deposits Savings Deposits DepositsSavingsDeposits	1115688000	usd
CY2023Q4	us-gaap	Deposits Savings Deposits DepositsSavingsDeposits	1398837000	usd
CY2024Q2	us-gaap	Time Deposits TimeDeposits	2367659000	usd
CY2023Q4	us-gaap	Time Deposits TimeDeposits	2445422000	usd
CY2024Q2	us-gaap	Deposits Deposits	9994017000	usd
CY2023Q4	us-gaap	Deposits Deposits	10434949000	usd
CY2024Q2	us-gaap	Time Deposits At Or Above Fdic Insurance Limit TimeDepositsAtOrAboveFDICInsuranceLimit	422600000	usd
CY2023Q4	us-gaap	Time Deposits At Or Above Fdic Insurance Limit TimeDepositsAtOrAboveFDICInsuranceLimit	412000000.0	usd
CY2024Q2	ocfc	Time Deposits Brokered TimeDepositsBrokered	401600000	usd
CY2023Q4	ocfc	Time Deposits Brokered TimeDepositsBrokered	631500000	usd
CY2024Q2	us-gaap	Advances From Federal Home Loan Banks AdvancesFromFederalHomeLoanBanks	789337000	usd
CY2023Q4	us-gaap	Advances From Federal Home Loan Banks AdvancesFromFederalHomeLoanBanks	848636000	usd
CY2024Q2	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	80000000	usd
CY2023Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	73148000	usd
CY2024Q2	us-gaap	Other Borrowings OtherBorrowings	424490000	usd
CY2023Q4	us-gaap	Other Borrowings OtherBorrowings	196456000	usd
CY2024Q2	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1293827000	usd
CY2023Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1118240000	usd
CY2024Q2	ocfc	Advance From Federal Home Loan Bank Short Term Advances AdvanceFromFederalHomeLoanBankShortTermAdvances	684800000	usd
CY2024Q2	ocfc	Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Overnight Advances FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfOvernightAdvances	104500000	usd
CY2023Q4	ocfc	Advance From Federal Home Loan Bank Short Term Advances AdvanceFromFederalHomeLoanBankShortTermAdvances	848600000	usd
CY2023Q4	ocfc	Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Overnight Advances FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfOvernightAdvances	0	usd
CY2024Q2	us-gaap	Other Borrowings OtherBorrowings	424500000	usd
CY2023Q4	us-gaap	Other Borrowings OtherBorrowings	196500000	usd
CY2022	us-gaap	Debt Instrument Basis Spread On Variable Rate1 DebtInstrumentBasisSpreadOnVariableRate1	0.040
	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	-934000	usd
CY2024Q2	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	1548060000	usd
CY2024Q2	us-gaap	Credit Risk Derivative Assets At Fair Value CreditRiskDerivativeAssetsAtFairValue	103246000	usd
CY2024Q2	us-gaap	Credit Risk Derivative Liabilities At Fair Value CreditRiskDerivativeLiabilitiesAtFairValue	104283000	usd
CY2023Q4	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	1518276000	usd
CY2023Q4	us-gaap	Credit Risk Derivative Assets At Fair Value CreditRiskDerivativeAssetsAtFairValue	87776000	usd
CY2023Q4	us-gaap	Credit Risk Derivative Liabilities At Fair Value CreditRiskDerivativeLiabilitiesAtFairValue	87848000	usd
CY2023Q4	us-gaap	Collateral Already Posted Aggregate Fair Value CollateralAlreadyPostedAggregateFairValue	0	usd
CY2024Q2	us-gaap	Collateral Already Posted Aggregate Fair Value CollateralAlreadyPostedAggregateFairValue	0	usd
CY2024Q2	us-gaap	Securities Received As Collateral SecuritiesReceivedAsCollateral	104300000	usd
CY2023Q4	us-gaap	Securities Received As Collateral SecuritiesReceivedAsCollateral	88300000	usd
CY2024Q2	us-gaap	Credit Risk Derivative Liabilities At Fair Value CreditRiskDerivativeLiabilitiesAtFairValue	104300000	usd
CY2023Q4	us-gaap	Credit Risk Derivative Liabilities At Fair Value CreditRiskDerivativeLiabilitiesAtFairValue	87800000	usd
	ocfc	Number Of Finance Leases NumberOfFinanceLeases	1	lease
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	16955000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	18979000	usd
CY2024Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	1188000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	1304000	usd
CY2024Q2	ocfc	Leases Right Of Use Asset LeasesRightOfUseAsset	18143000	usd
CY2023Q4	ocfc	Leases Right Of Use Asset LeasesRightOfUseAsset	20283000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	18760000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	20018000	usd
CY2024Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	1555000	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	1685000	usd
CY2024Q2	ocfc	Leases Liability LeasesLiability	20315000	usd
CY2023Q4	ocfc	Leases Liability LeasesLiability	21703000	usd
CY2024Q2	ocfc	Future Rent And Estimated Lease Termination Liability FutureRentAndEstimatedLeaseTerminationLiability	4800000	usd
CY2023Q4	ocfc	Future Rent And Estimated Lease Termination Liability FutureRentAndEstimatedLeaseTerminationLiability	5900000	usd
	ocfc	Lease Number Of Option To Renew LeaseNumberOfOptionToRenew	1	renewalterm
CY2024Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y1M24D
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P6Y6M7D
CY2024Q2	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P5Y1M6D
CY2023Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P5Y7M6D
CY2024Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0306
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0302
CY2024Q2	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0563
CY2023Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0563
CY2024Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	1146000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	1174000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	2305000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	2319000	usd
CY2024Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	58000	usd
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	54000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	116000	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	112000	usd
CY2024Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	22000	usd
CY2023Q2	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	26000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	45000	usd
	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	52000	usd
CY2024Q2	us-gaap	Lease Cost LeaseCost	1226000	usd
CY2023Q2	us-gaap	Lease Cost LeaseCost	1254000	usd
	us-gaap	Lease Cost LeaseCost	2466000	usd
	us-gaap	Lease Cost LeaseCost	2483000	usd
CY2024Q2	us-gaap	Operating Lease Payments OperatingLeasePayments	1021000	usd
CY2023Q2	us-gaap	Operating Lease Payments OperatingLeasePayments	1121000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	2122000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	2260000	usd
CY2024Q2	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	22000	usd
CY2023Q2	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	26000	usd
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	45000	usd
	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	52000	usd
CY2024Q2	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	65000	usd
CY2023Q2	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	62000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	130000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	123000	usd

Files In Submission

Name	View Source	Status
0001004702-24-000098-index-headers.html	Edgar Link	pending
0001004702-24-000098-index.html	Edgar Link	pending
0001004702-24-000098.txt	Edgar Link	pending
0001004702-24-000098-xbrl.zip	Edgar Link	pending
exhibit311q224.htm	Edgar Link	pending
exhibit312q224.htm	Edgar Link	pending
exhibit320q224.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ocfc-20240630.htm	Edgar Link	pending
ocfc-20240630.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
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ocfc-20240630_cal.xml	Edgar Link	unprocessable
ocfc-20240630_def.xml	Edgar Link	unprocessable
ocfc-20240630_lab.xml	Edgar Link	unprocessable
ocfc-20240630_pre.xml	Edgar Link	unprocessable
ocfc-20240630_htm.xml	Edgar Link	completed
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

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$OCFC
OCEANFIRST FINANCIAL CORP Stock $ocfc

2024 Q3 Form 10-Q Financial Statement

#000100470224000098 Filed on August 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OCFC OCEANFIRST FINANCIAL CORP Stock $ocfc

2024 Q3 Form 10-Q Financial Statement

#000100470224000098 Filed on August 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OCFC
OCEANFIRST FINANCIAL CORP Stock $ocfc