v3.25.2
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Statement of Comprehensive Income [Abstract]        
Net income $ 19,085 $ 24,432 $ 40,548 $ 53,042
Other comprehensive income:        
Net unrealized gain on debt securities (net of tax expense of $542 and $1,330 in 2025 and $710 and $1,344 in 2024, respectively) 1,693 2,226 4,166 4,219
Accretion of unrealized loss on debt securities reclassified to held-to-maturity (net of tax expense of $74 and $118 in 2025 and $40 and $82 in 2024, respectively) 109 57 173 118
Unrealized loss on derivative hedges (net of tax benefit of $31 and $30 in 2025 and $98 and $400 in 2024, respectively) (93) (306) (93) (1,255)
Reclassification adjustment for losses included in net income (net of tax expense of $35 and $55 in 2025 and $81 and $190 in 2024, respectively) 106 253 170 595
Total other comprehensive income, net of tax 1,815 2,230 4,416 3,677
Total comprehensive income 20,900 26,662 44,964 56,719
Less: comprehensive income (loss) attributable to non-controlling interest 39 59 (7) 2
Comprehensive income attributable to OceanFirst Financial Corp. 20,861 26,603 44,971 56,717
Less: dividends on preferred shares 1,004 1,004 2,008 2,008
Less: loss on redemption of preferred stock 1,842 0 1,842 0
Total comprehensive income available to common stockholders $ 18,015 $ 25,599 $ 41,121 $ 54,709