v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Employee Stock Ownership Plan
Preferred Stock
Common Stock
Non-Voting Common-Equivalent Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Non-Controlling Interest
Beginning balance at Dec. 31, 2024 $ 1,702,757 $ (2,542) $ 1 $ 613 $ 0 $ 1,168,321 $ 641,727 $ (15,853) $ (90,617) $ 1,107
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 40,548           40,555     (7)
Other comprehensive income (loss), net of tax 4,416             4,416    
Stock compensation 2,546     12   2,534        
Allocation of ESOP stock 566 620       (54)        
Cash dividend (23,337)           (23,337)      
Exercise of stock options 136         136        
Repurchase shares of common stock (24,308)         31     (24,339)  
Preferred stock dividend (2,008)           (2,008)      
Distributions to non-controlling interest (266)                 (266)
Redemption of preferred stock (57,370)   (1)     (55,527) (1,842)      
Ending balance at Jun. 30, 2025 1,643,680 (1,922) 0 625 0 1,115,441 655,095 (11,437) (114,956) 834
Beginning balance at Mar. 31, 2025 1,709,117 (2,232) 1 625 0 1,170,179 650,546 (13,252) (97,545) 795
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 19,085           19,046     39
Other comprehensive income (loss), net of tax 1,815             1,815    
Stock compensation 808         808        
Allocation of ESOP stock 274 310       (36)        
Cash dividend (11,651)           (11,651)      
Exercise of stock options 17         17        
Repurchase shares of common stock (17,411)               (17,411)  
Preferred stock dividend (1,004)           (1,004)      
Redemption of preferred stock (57,370)   (1)     (55,527) (1,842)      
Ending balance at Jun. 30, 2025 1,643,680 (1,922) 0 625 0 1,115,441 655,095 (11,437) (114,956) 834
Beginning balance at Dec. 31, 2025 1,662,550 (1,301) 0 625 0 1,118,331 662,616 (2,159) (115,562) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 17,477           17,477     0
Other comprehensive income (loss), net of tax (1,217)             (1,217)    
Stock compensation 3,871     3   3,868        
Allocation of ESOP stock 611 620       (9)        
Cash dividend (22,972)           (22,972)      
Exercise of stock options 2,323     1   2,322        
Repurchase shares of common stock (6,994)         114     (7,108)  
Issuance of common stock for merger with Flushing 535,588     293   535,295        
Net proceeds from capital raise 214,843     95 30,448 184,300        
Shares issued to OceanFirst foundation 5,000         (691)     5,691  
Ending balance at Jun. 30, 2026 2,411,080 (681) 0 1,017 30,448 1,843,530 657,121 (3,376) (116,979) 0
Beginning balance at Mar. 31, 2026 1,669,368 (991) 0 629 0 1,121,646 671,657 (4,573) (119,000) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (3,029)           (3,029)      
Other comprehensive income (loss), net of tax 1,197             1,197    
Stock compensation 2,918         2,918        
Allocation of ESOP stock 307 310       (3)        
Cash dividend (11,507)           (11,507)      
Repurchase shares of common stock (3,605)         65     (3,670)  
Issuance of common stock for merger with Flushing 535,588     293   535,295        
Net proceeds from capital raise 214,843     95 30,448 184,300        
Shares issued to OceanFirst foundation 5,000         (691)     5,691  
Ending balance at Jun. 30, 2026 $ 2,411,080 $ (681) $ 0 $ 1,017 $ 30,448 $ 1,843,530 $ 657,121 $ (3,376) $ (116,979) $ 0