Provident Financial Services (PFS) 10-Q 9 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Aug. 01, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-31566
Entity Registrant Name	PROVIDENT FINANCIAL SERVICES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	42-1547151
Entity Address, Address Line One	239 Washington Street
Entity Address, City or Town	Jersey City
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07302
City Area Code	732
Local Phone Number	590-9200
Title of 12(b) Security	Common
Trading Symbol	PFS
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		75,277,070
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001178970
Current Fiscal Year End Date	--12-31

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 176,461	$ 506,270
Short-term investments	101,071	206,193
Total cash and cash equivalents	277,532	712,463
Available for sale debt securities, at fair value	1,947,120	2,057,851
Held to maturity debt securities, net (fair value of $399,140 at June 30, 2022 (unaudited) and $449,709 at December 31, 2021)	410,745	436,150
Equity securities, at fair value	1,102	1,325
Federal Home Loan Bank stock	54,836	34,290
Total gross loans	9,992,445	9,581,624
Less allowance for credit losses	79,016	80,740
Net loans	9,913,429	9,500,884
Foreclosed assets, net	9,076	8,731
Banking premises and equipment, net	81,655	80,559
Accrued interest receivable	42,858	41,990
Intangible assets	462,451	464,183
Bank-owned life insurance	236,352	236,630
Other assets	278,745	206,146
Total assets	13,715,901	13,781,202
Deposits:
Demand deposits	8,695,223	9,080,956
Savings deposits	1,512,356	1,460,541
Certificates of deposit of $100,000 or more	392,725	368,277
Other time deposits	273,920	324,238
Total deposits	10,874,224	11,234,012
Mortgage escrow deposits	42,346	34,440
Borrowed funds	1,002,502	626,774
Subordinated debentures	10,389	10,283
Other liabilities	201,175	178,597
Total liabilities	12,130,636	12,084,106
Stockholders’ Equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued	0	0
Common stock, $0.01 par value, 200,000,000 shares authorized, 83,209,012 shares issued and 75,163,718 shares outstanding at June 30, 2022 and 76,969,999 outstanding at December 31, 2021	832	832
Additional paid-in capital	976,067	969,815
Retained earnings	860,977	814,533
Accumulated other comprehensive (loss) income	(111,799)	6,863
Treasury stock	(127,091)	(79,603)
Unallocated common stock held by the Employee Stock Ownership Plan	(13,721)	(15,344)
Common stock acquired by the Directors' Deferred Fee Plan ("DDFP")	(3,705)	(3,984)
Deferred Compensation - Directors' Deferred Fee Plan	3,705	3,984
Total stockholders’ equity	1,585,265	1,697,096
Total liabilities and stockholders’ equity	$ 13,715,901	$ 13,781,202

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Held-to-maturity, debt securities	$ 399,140	$ 449,709
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	83,209,012	83,209,012
Common stock, shares outstanding (in shares)	75,163,718	76,969,999

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest income:
Real estate secured loans	$ 69,073	$ 62,877	$ 132,908	$ 124,893
Commercial loans	22,363	25,173	45,184	51,316
Consumer loans	3,344	3,412	6,483	6,904
Available for sale debt securities, equity securities and Federal Home Loan Bank stock	8,454	5,722	16,406	11,334
Held to maturity debt securities	2,489	2,700	5,085	5,484
Deposits, Federal funds sold and other short-term investments	562	660	1,209	1,144
Total interest income	106,285	100,544	207,275	201,075
Interest expense:
Deposits	5,576	6,782	10,763	14,199
Borrowed funds	1,104	2,553	2,272	5,362
Subordinated debt	130	304	239	609
Total interest expense	6,810	9,639	13,274	20,170
Net interest income	99,475	90,905	194,001	180,905
Provision charge (benefit) for credit losses	2,996	(10,704)	(3,409)	(25,705)
Net interest income after provision for credit losses	96,479	101,609	197,410	206,610
Non-interest income:
Fees	7,424	8,467	14,313	15,659
Wealth management income	7,024	7,859	14,489	14,993
Insurance agency income	2,850	2,849	6,270	5,576
Bank-owned life insurance	1,563	1,523	2,741	4,090
Net gains on securities transactions	141	34	157	231
Other income	1,930	424	3,108	2,244
Total non-interest income	20,932	21,156	41,078	42,793
Non-interest expense:
Compensation and employee benefits	37,437	34,871	74,503	70,183
Net occupancy expense	8,479	7,907	17,810	17,208
Data processing expense	5,632	5,409	10,976	9,802
FDIC insurance	1,350	1,570	2,555	3,340
Amortization of intangibles	873	918	1,732	1,890
Advertising and promotion expense	1,222	927	2,326	1,804
Credit loss (benefit) expense for off-balance sheet credit exposures	(973)	2,050	(3,363)	1,175
Other operating expenses	9,826	9,046	19,191	19,149
Total non-interest expense	63,846	62,698	125,730	124,551
Income before income tax expense	53,565	60,067	112,758	124,852
Income tax expense	14,337	15,278	29,567	31,504
Net income	$ 39,228	$ 44,789	$ 83,191	$ 93,348
Basic earnings per share (usd per share)	$ 0.53	$ 0.58	$ 1.11	$ 1.22
Weighted average basic shares outstanding (in shares)	74,328,632	76,643,546	75,068,154	76,580,364
Diluted earnings per share (usd per share)	$ 0.53	$ 0.58	$ 1.11	$ 1.22
Weighted average diluted shares outstanding (in shares)	74,400,788	76,753,442	75,152,286	76,667,471

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 39,228	$ 44,789	$ 83,191	$ 93,348
Unrealized gains and losses on available for sale debt securities:
Net unrealized (losses) gains arising during the period	(45,733)	2,440	(130,704)	(6,579)
Reclassification adjustment for gains included in net income	(42)	0	(42)	(171)
Total	(45,775)	2,440	(130,746)	(6,750)
Unrealized gains (losses) on derivatives	2,158	(1,224)	12,596	3,397
Amortization related to post-retirement obligations	(236)	(111)	(512)	(220)
Total other comprehensive (loss) income	(43,853)	1,105	(118,662)	(3,573)
Total comprehensive (loss) income	$ (4,625)	$ 45,894	$ (35,471)	$ 89,775

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	COMMON STOCK	ADDITIONAL PAID-IN CAPITAL	RETAINED EARNINGS	ACCUMULATED OTHER COMPREHENSIVE INCOME	TREASURYSTOCK	UNALLOCATED ESOP SHARES	COMMON STOCK ACQUIRED BY DEFERRED COMP PLANS	DEFERRED COMPENSATION PLANS
Beginning Balance at Dec. 31, 2020	$ 1,619,797	$ 832	$ 962,453	$ 718,090	$ 17,655	$ (59,018)	$ (20,215)	$ (4,549)	$ 4,549
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	93,348			93,348
Other comprehensive income, net of tax	(3,573)				(3,573)
Cash dividends paid	(36,203)			(36,203)
Distributions from DDFP	69		69					336	(336)
Purchases of treasury stock	(48)					(48)
Purchase of employee restricted shares to fund statutory tax withholding	(961)					(961)
Shares issued dividend reinvestment plan	0
Stock option exercises	638		(82)			720
Allocation of ESOP shares	1,999		462				1,537
Allocation of SAP shares	2,466		2,466
Allocation of stock options	102		102
Ending Balance at Jun. 30, 2021	1,677,634	832	965,470	775,235	14,082	(59,307)	(18,678)	(4,213)	4,213
Beginning Balance at Mar. 31, 2021	1,647,231	832	963,556	748,574	12,977	(59,261)	(19,447)	(4,381)	4,381
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	44,789			44,789
Other comprehensive income, net of tax	1,105				1,105
Cash dividends paid	(18,128)			(18,128)
Distributions from DDFP	41		41					168	(168)
Purchases of treasury stock	0
Purchase of employee restricted shares to fund statutory tax withholding	(46)					(46)
Allocation of ESOP shares	1,086		317				769
Allocation of SAP shares	1,507		1,507
Allocation of stock options	49		49
Ending Balance at Jun. 30, 2021	1,677,634	832	965,470	775,235	14,082	(59,307)	(18,678)	(4,213)	4,213
Beginning Balance at Dec. 31, 2021	1,697,096	832	969,815	814,533	6,863	(79,603)	(15,344)	(3,984)	3,984
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	83,191			83,191
Other comprehensive income, net of tax	(118,662)				(118,662)
Cash dividends paid	(36,747)			(36,747)
Distributions from DDFP	86		86					279	(279)
Purchases of treasury stock	(46,530)					(46,530)
Purchase of employee restricted shares to fund statutory tax withholding	(958)					(958)
Stock option exercises	0
Allocation of ESOP shares	2,205		582				1,623
Allocation of SAP shares	5,485		5,485
Allocation of stock options	99		99
Ending Balance at Jun. 30, 2022	1,585,265	832	976,067	860,977	(111,799)	(127,091)	(13,721)	(3,705)	3,705
Beginning Balance at Mar. 31, 2022	1,621,131	832	972,552	839,807	(67,946)	(109,581)	(14,533)	(3,844)	3,844
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	39,228			39,228
Other comprehensive income, net of tax	(43,853)				(43,853)
Cash dividends paid	(18,058)			(18,058)
Distributions from DDFP	41		41					139	(139)
Purchases of treasury stock	(17,505)					(17,505)
Purchase of employee restricted shares to fund statutory tax withholding	(5)					(5)
Stock option exercises	0
Allocation of ESOP shares	1,062		250				812
Allocation of SAP shares	3,174		3,174
Allocation of stock options	50		50
Ending Balance at Jun. 30, 2022	$ 1,585,265	$ 832	$ 976,067	$ 860,977	$ (111,799)	$ (127,091)	$ (13,721)	$ (3,705)	$ 3,705

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 83,191	$ 93,348
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of intangibles	6,579	6,422
Provision benefit for credit losses on loans and securities	(3,409)	(25,705)
Credit loss (benefit) charge for off-balance sheet credit exposure	(3,363)	1,175
Deferred tax expense	3,393	6,211
Amortization of operating lease right-of-use assets	5,393	5,142
Income on Bank-owned life insurance	(2,741)	(4,090)
Net amortization of premiums and discounts on securities	7,665	6,613
Accretion of net deferred loan fees	(4,801)	(3,436)
Amortization of premiums on purchased loans, net	154	418
Originations of loans held for sale	(16,197)	(21,781)
Proceeds from sales of loans originated for sale	9,881	22,730
Proceeds from sales and paydowns of foreclosed assets	280	1,368
ESOP expense	2,205	1,999
Allocation of stock award expense	5,485	2,466
Allocation of stock option expense	99	102
Net gain on sale of loans	(824)	(949)
Net gain on securities transactions	(157)	(231)
Net gain on sale of premises and equipment	(22)	(35)
Net gain on sale of foreclosed assets	(16)	(199)
Increase in accrued interest receivable	(868)	(4,231)
(Increase) decrease in other assets	(12,691)	36,729
Increase (decrease) in other liabilities	22,578	(35,701)
Net cash provided by operating activities	101,814	88,365
Cash flows from investing activities:
Proceeds from maturities, calls and paydowns of held to maturity debt securities	37,009	29,046
Purchases of held to maturity debt securities	(12,369)	(16,630)
Proceeds from sales of available for sale debt securities	0	9,442
Proceeds from maturities, calls and paydowns of available for sale debt securities	166,855	181,327
Purchases of available for sale debt securities	(241,725)	(656,314)
Proceeds from redemption of Federal Home Loan Bank stock	31,134	24,379
Purchases of Federal Home Loan Bank stock	(51,680)	(2,305)
BOLI claim benefits received	0	2,080
Purchases of loans	(3,422)	(1,500)
Net (increase) decrease in loans	(396,236)	287,111
Proceeds from sales of premises and equipment	22	35
Purchases of premises and equipment	(5,944)	(5,664)
Net cash used in investing activities	(476,356)	(148,993)
Cash flows from financing activities:
Net (decrease) increase in deposits	(359,788)	752,155
Increase in mortgage escrow deposits	7,906	5,482
Cash dividends paid to stockholders	(36,747)	(36,203)
Purchase of treasury stock	(46,530)	(48)
Purchase of employee restricted shares to fund statutory tax withholding	(958)	(961)
Stock options exercised	0	638
Proceeds from long-term borrowings	964,000	550,000
Payments on long-term borrowings	(579,111)	(1,027,265)
Net decrease in short-term borrowings	(9,161)	(5,370)
Net cash (used in) provided by financing activities	(60,389)	238,428
Net (decrease) increase in cash and cash equivalents	(434,931)	177,800
Cash and cash equivalents at beginning of period	685,163	418,083
Restricted cash at beginning of period	27,300	114,270
Total cash, cash equivalents and restricted cash at beginning of period	712,463	532,353
Cash and cash equivalents at end of period	277,462	651,732
Restricted cash at end of period	70	58,421
Total cash, cash equivalents and restricted cash at end of period	277,532	710,153
Cash paid during the period for:
Interest on deposits and borrowings	14,308	19,962
Income taxes	7,760	18,210
Non-cash investing activities:
Transfer of loans receivable to foreclosed assets	$ 624	$ 434

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies A. Basis of Financial Statement Presentation The accompanying unaudited consolidated financial statements include the accounts of Provident Financial Services, Inc. and its wholly owned subsidiary, Provident Bank (the “Bank,” together with Provident Financial Services, Inc., the “Company”). In preparing the interim unaudited 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 consolidated statements of financial condition and the consolidated statements of income for the periods presented. Actual results could differ from these estimates. The allowance for credit losses and the valuation of deferred tax assets are material estimates that are particularly susceptible to near-term change. The interim unaudited 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 three and six months ended June 30, 2022 are not necessarily indicative of the results of operations that may be expected for all of 2022. Certain information and note disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. These unaudited consolidated financial statements should be read in conjunction with the December 31, 2021 Annual Report to Stockholders on Form 10-K. B. Earnings Per Share The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share calculations for the three and six months ended June 30, 2022 and 2021 (dollars in thousands, except per share amounts): Three months ended June 30, 2022 2021 Net Weighted Per Net Weighted Per Net income $ 39,228 $ 44,789 Basic earnings per share: Income available to common stockholders $ 39,228 74,328,632 $ 0.53 $ 44,789 76,643,546 $ 0.58 Dilutive shares 72,156 109,896 Diluted earnings per share: Income available to common stockholders $ 39,228 74,400,788 $ 0.53 $ 44,789 76,753,442 $ 0.58 Six months ended June 30, 2022 2021 Net Weighted Per Net Weighted Per Net income $ 83,191 $ 93,348 Basic earnings per share: Income available to common stockholders $ 83,191 75,068,154 $ 1.11 $ 93,348 76,580,364 $ 1.22 Dilutive shares 84,132 87,107 Diluted earnings per share: Income available to common stockholders $ 83,191 75,152,286 $ 1.11 $ 93,348 76,667,471 $ 1.22 Anti-dilutive stock options and awards at June 30, 2022 and 2021, totaling 1.0 million shares, respectively, were excluded from the earnings per share calculations. C. Loans Receivable and Allowance for Credit Losses The impact of utilizing the current expected credit loss ("CECL") methodology approach to calculate the allowance for credit losses on loans is significantly influenced by the composition, characteristics and quality of the Company’s loan portfolio, as well as the prevailing economic conditions and forecast utilized. Material changes to these and other relevant factors may result in greater volatility to the allowance for credit losses, and therefore, greater volatility to the Company’s reported earnings. The decrease in the period-over-period provision benefit for both the three and six months ended June 30, 2022 was largely a function of growth in the loan portfolio, the relative change in the economic outlook and the significant favorable impact of the post-pandemic recovery in the prior year period. See Note 3 to the Consolidated Financial Statements for more information on the allowance for credit losses on loans. D. Goodwill Goodwill represents the excess of the purchase price over the estimated fair value of identifiable net assets acquired through business combinations. In accordance with GAAP, goodwill with an indefinite useful life is not amortized, but is evaluated for impairment on an annual basis, or more frequently if events or changes in circumstances indicate potential impairment between annual measurement dates. Goodwill is analyzed for impairment once a year. As permitted by GAAP, the Company prepares a qualitative assessment in determining whether goodwill may be impaired. The factors considered in the assessment include macroeconomic conditions, industry and market conditions and overall financial performance of the Company, among others. The Company completed its annual goodwill impairment test as of July 1, 2022, and it is not more likely than not that the fair value of Provident Financial Services, Inc., the reporting unit, is below its carrying amount.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities At June 30, 2022, the Company had $1.95 billion and $410.7 million in available for sale debt securities and held to maturity debt securities, respectively. Many factors, including lack of liquidity in the secondary market for certain securities, variations in pricing information, changes in interest rates, regulatory actions, changes in the business environment or any changes in the competitive marketplace could have an adverse effect on the Company’s investment portfolio. The total number of available for sale and held to maturity debt securities in an unrealized loss position at June 30, 2022 totaled 751, compared with 166 at December 31, 2021. The increase in the number of securities in an unrealized loss position at June 30, 2022 was due to higher current market interest rates compared to rates at December 31, 2021. Management measures expected credit losses on held to maturity debt securities on a collective basis by security type. Management classifies the held to maturity debt securities portfolio into the following security types: • Agency obligations; • Mortgage-backed securities; • State and municipal obligations; and • Corporate obligations. All of the agency obligations held by the Company are issued by U.S. government entities and agencies. These securities are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major rating agencies and have a long history of no credit losses. The majority of the state and municipal, and corporate obligations carry no lower than A ratings from the rating agencies at June 30, 2022 and the Company had one security rated BBB by Moody’s Investors Service. The Company adopted CECL using the prospective transition approach for debt securities for which other-than-temporary impairment had been recognized prior to January 1, 2020. As a result, the amortized cost basis remains the same before and after the effective date of CECL. Available for Sale Debt Securities The following tables present the amortized cost, gross unrealized gains, gross unrealized losses and the fair value for available for sale debt securities at June 30, 2022 and December 31, 2021 (in thousands): June 30, 2022 Amortized Gross Gross Fair U.S. Treasury obligations $ 275,119 — (21,204) 253,915 Mortgage-backed securities 1,705,190 174 (146,413) 1,558,951 Asset-backed securities 40,926 210 (292) 40,844 State and municipal obligations 68,205 21 (8,921) 59,305 Corporate obligations 36,583 77 (2,555) 34,105 $ 2,126,023 482 (179,385) 1,947,120 December 31, 2021 Amortized Gross Gross Fair U.S. Treasury obligations $ 196,897 298 (866) 196,329 Mortgage-backed securities 1,711,312 14,082 (16,563) 1,708,831 Asset-backed securities 45,115 1,687 (5) 46,797 State and municipal obligations 68,702 1,127 (122) 69,707 Corporate obligations 36,109 425 (347) 36,187 $ 2,058,135 17,619 (17,903) 2,057,851 The amortized cost and fair value of available for sale debt securities at June 30, 2022, by contractual maturity, are shown below (in thousands). Expected maturities may differ from contractual maturities due to prepayment or early call privileges of the issuer. June 30, 2022 Amortized Fair Due in one year or less $ 999 1,000 Due after one year through five years 151,590 141,460 Due after five years through ten years 162,494 148,873 Due after ten years 64,824 55,992 $ 379,907 347,325 Investments which pay principal on a periodic basis totaling $1.75 billion at amortized cost and $1.60 billion at fair value are excluded from the table above as their expected lives are likely to be shorter than the contractual maturity date due to principal prepayments. For the three and six months ended June 30, 2022 and 2021, no securities were sold from the available for sale debt securities portfolio. For the three and six months ended June 30, 2022, proceeds from calls on securities in the available for sale debt securities portfolio totaled $5.4 million with gains of $58,000 and no losses recognized. For the six months ended June 30, 2021, proceeds from calls on securities in the available for sale debt securities portfolio totaled $9.4 million, with gains of $230,000 and no losses recognized. The following tables present the fair values and gross unrealized losses for available for sale debt securities in an unrealized loss position at June 30, 2022 and December 31, 2021 (in thousands): June 30, 2022 Less than 12 months 12 months or longer Total Fair Gross Fair Gross Fair Gross Agency obligations $ 253,915 (21,204) — — 253,915 (21,204) Mortgage-backed securities 1,394,962 (128,497) 144,609 (17,916) 1,539,571 (146,413) Asset-backed securities 17,638 (292) — — 17,638 (292) State and municipal obligations 55,505 (8,921) — — 55,505 (8,921) Corporate obligations 26,364 (1,518) 5,731 (1,037) 32,095 (2,555) $ 1,748,384 (160,432) 150,340 (18,953) 1,898,724 (179,385) December 31, 2021 Less than 12 months 12 months or longer Total Fair value Gross Fair value Gross Fair Gross U.S. Treasury obligations $ 98,621 (866) — — 98,621 (866) Mortgage-backed securities 1,147,403 (15,176) 33,850 (1,387) 1,181,253 (16,563) Asset-backed securities 1,930 (5) — — 1,930 (5) State and municipal obligations 10,732 (122) — — 10,732 (122) Corporate obligations 18,474 (347) — — 18,474 (347) $ 1,277,160 (16,516) 33,850 (1,387) 1,311,010 (17,903) The number of available for sale debt securities in an unrealized loss position at June 30, 2022 totaled 408, compared with 113 at December 31, 2021. The increase in the number of securities in an unrealized loss position at June 30, 2022 was due to higher current market interest rates compared to rates at December 31, 2021. At June 30, 2022, there were two private label mortgage-backed securities in an unrealized loss position, with an amortized cost of $1.2 million and an unrealized loss of $21,000. These private-label mortgage-backed securities were unrated at June 30, 2022. Held to Maturity Debt Securities The following tables present the amortized cost, gross unrealized gains, gross unrealized losses and the estimated fair value for held to maturity debt securities at June 30, 2022 and December 31, 2021 (in thousands): June 30, 2022 Amortized Gross Gross Fair Agency obligations $ 9,996 — (745) 9,251 Mortgage-backed securities 7 — — 7 State and municipal obligations 389,095 951 (11,229) 378,817 Corporate obligations 11,677 — (612) 11,065 $ 410,775 951 (12,586) 399,140 At June 30, 2022, the allowance for credit losses on held to maturity debt securities totaled $30,000. December 31, 2021 Amortized Gross Gross Fair Agency obligations $ 9,996 — (175) 9,821 Mortgage-backed securities 21 — — 21 State and municipal obligations 415,724 14,463 (635) 429,552 Corporate obligations 10,448 19 (152) 10,315 $ 436,189 14,482 (962) 449,709 At December 31, 2021, the allowance for credit losses on held to maturity debt securities totaled $39,000, and is excluded from amortized cost in the table above. The Company generally purchases securities for long-term investment purposes, and differences between amortized cost and fair value may fluctuate during the investment period. There were no sales of securities from the held to maturity debt securities portfolio for the three and six months ended June 30, 2022 and 2021. For the three and six months ended June 30, 2022, proceeds from calls on securities in the held to maturity debt securities portfolio totaled $10.3 million and $26.2 million, respectively. As to these calls on securities for the three and six months ended June 30, 2022, gross gains totaled $83,000 and $99,000, respectively, with no gross losses. For the three and six months ended June 30, 2021, proceeds from calls on securities in the held to maturity debt securities portfolio totaled $6.1 million and $12.9 million, respectively. As to these calls of securities for the three months ended June 30, 2021, there were gross gains of $33,500 and no gross losses, and for the six months ended June 30, 2021, there were gross gains of $1,000 and no gross losses. The amortized cost and fair value of investment securities in the held to maturity debt securities portfolio at June 30, 2022 by contractual maturity are shown below (in thousands). Expected maturities may differ from contractual maturities due to prepayment or early call privileges of the issuer. June 30, 2022 Amortized Fair Due in one year or less $ 17,038 17,066 Due after one year through five years 150,164 148,676 Due after five years through ten years 195,404 191,234 Due after ten years 48,162 42,157 $ 410,768 399,133 Mortgage-backed securities totaling $7,000 for both amortized cost and fair value are excluded from the table above as their expected lives are likely to be shorter than the contractual maturity date due to principal prepayments. Additionally, the allowance for credit losses totaling $30,000 is excluded from the table above. The following tables present the fair values and gross unrealized losses for held to maturity debt securities in an unrealized loss position at June 30, 2022 and December 31, 2021 (in thousands): June 30, 2022 Unrealized Losses Less than 12 months 12 months or longer Total Fair Gross Fair Gross Fair Gross Agency obligations $ 9,251 (745) — — 9,251 (745) State and municipal obligations 180,810 (9,316) 8,139 (1,913) 188,949 (11,229) Corporate obligations 9,060 (612) — — 9,060 (612) $ 199,121 (10,673) 8,139 (1,913) 207,260 (12,586) December 31, 2021 Unrealized Losses Less than 12 months 12 months or longer Total Fair Gross Fair Gross Fair Gross Agency obligations $ 9,821 (175) — — 9,821 (175) State and municipal obligations 27,350 (471) 5,022 (164) 32,372 (635) Corporate obligations 7,649 (152) — — 7,649 (152) $ 44,820 (798) 5,022 (164) 49,842 (962) The number of held to maturity debt securities in an unrealized loss position at June 30, 2022 totaled 343, compared with 53 at December 31, 2021. The increase in the number of securities in an unrealized loss position at June 30, 2022, was due to higher current market interest rates compared to rates at December 31, 2021. Credit Quality Indicators. The following table provides the amortized cost of held to maturity debt securities by credit rating as of June 30, 2022 (in thousands): June 30, 2022 Total Portfolio AAA AA A BBB Not Rated Total Agency obligations $ 9,996 — — — — 9,996 Mortgage-backed securities 7 — — — — 7 State and municipal obligations 45,729 313,648 27,772 655 1,291 389,095 Corporate obligations 508 2,649 8,520 — — 11,677 $ 56,240 316,297 36,292 655 1,291 410,775 December 31, 2021 Total Portfolio AAA AA A BBB Not Rated Total Agency obligations $ 9,996 — — — — 9,996 Mortgage-backed securities 21 — — — — 21 State and municipal obligations 54,583 314,396 44,392 945 1,408 415,724 Corporate obligations 510 2,634 7,279 — 25 10,448 $ 65,110 317,030 51,671 945 1,433 436,189 Credit quality indicators are metrics that provide information regarding the relative credit risk of debt securities. At June 30, 2022, the held to maturity debt securities portfolio was comprised of 14% rated AAA, 77% rated AA, 9% rated A, and less than 1% either below an A rating or not rated by Moody’s Investors Service or Standard and Poor’s. Securities not explicitly rated, such as U.S. Government mortgage-backed securities, were grouped where possible under the credit rating of the issuer of the security. At June 30, 2022, the allowance for credit losses on held to maturity debt securities was $30,000, a decrease from $39,000 at December 31, 2021.

Loans Receivable and Allowance

Loans Receivable and Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Loans Receivable and Allowance for Credit Losses	Loans Receivable and Allowance for Credit Losses Loans receivable at June 30, 2022 and December 31, 2021 are summarized as follows (in thousands): June 30, 2022 December 31, 2021 Mortgage loans: Residential $ 1,180,967 1,202,638 Commercial 4,136,344 3,827,370 Multi-family 1,445,099 1,364,397 Construction 728,024 683,166 Total mortgage loans 7,490,434 7,077,571 Commercial loans 2,192,009 2,188,866 Consumer loans 322,711 327,442 Total gross loans 10,005,154 9,593,879 Premiums on purchased loans 1,405 1,451 Net deferred fees (14,114) (13,706) Total loans $ 9,992,445 9,581,624 The following tables summarize the aging of loans receivable by portfolio segment and class of loans (in thousands): June 30, 2022 30-59 Days 60-89 Days Non-accrual Recorded Total Past Current Total Loans Non-accrual loans with no related allowance Mortgage loans: Residential $ 853 1,752 3,401 — 6,006 1,174,961 1,180,967 3,401 Commercial 276 — 18,627 — 18,903 4,117,441 4,136,344 18,627 Multi-family — — 2,040 — 2,040 1,443,059 1,445,099 2,040 Construction — — 3,466 — 3,466 724,558 728,024 3,466 Total mortgage loans 1,129 1,752 27,534 — 30,415 7,460,019 7,490,434 27,534 Commercial loans 1,040 41 11,950 — 13,031 2,178,978 2,192,009 10,132 Consumer loans 343 169 964 — 1,476 321,235 322,711 964 Total gross loans $ 2,512 1,962 40,448 — 44,922 9,960,232 10,005,154 38,630 December 31, 2021 30-59 Days 60-89 Days Non-accrual Recorded Total Past Current Total Loans Receivable Non-accrual loans with no related allowance Mortgage loans: Residential $ 7,229 1,131 6,072 — 14,432 1,188,206 1,202,638 6,072 Commercial 720 3,960 16,887 — 21,567 3,805,803 3,827,370 16,887 Multi-family — — 439 — 439 1,363,958 1,364,397 439 Construction — — 2,365 — 2,365 680,801 683,166 2,365 Total mortgage loans 7,949 5,091 25,763 — 38,803 7,038,768 7,077,571 25,763 Commercial loans 7,229 1,289 20,582 — 29,100 2,159,766 2,188,866 14,453 Consumer loans 649 228 1,682 — 2,559 324,883 327,442 1,682 Total gross loans $ 15,827 6,608 48,027 — 70,462 9,523,417 9,593,879 41,898 Included in loans receivable are loans for which the accrual of interest income has been discontinued due to deterioration in the financial condition of the borrowers. The principal amounts of these non-accrual loans were $40.4 million and $48.0 million at June 30, 2022 and December 31, 2021, respectively. Included in non-accrual loans were $16.3 million and $23.0 million of loans which were less than 90 days past due at June 30, 2022 and December 31, 2021, respectively. There were no loans 90 days or greater past due and still accruing interest at June 30, 2022 and December 31, 2021. The Company defines an impaired loan as a non-homogeneous loan greater than $1.0 million, for which, based on current information, it is not expected to collect all amounts due under the contractual terms of the loan agreement. Impaired loans also include all loans modified as troubled debt restructurings (“TDRs”). An allowance for collateral-dependent impaired loans that have been modified in a TDR is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price, or the estimated fair value of the collateral, less any selling costs. The Company uses third-party appraisals to determine the fair value of the underlying collateral in its analysis of collateral-dependent loans. A third-party appraisal is generally ordered as soon as a loan is designated as a collateral-dependent loan and updated annually, or more frequently if required. A financial asset is considered collateral-dependent when the debtor is experiencing financial difficulty and repayment is expected to be provided substantially through the sale or operation of the collateral. For all classes of loans deemed collateral-dependent, the Company estimates expected credit losses based on the collateral’s fair value less any selling costs. A specific allocation of the allowance for credit losses is established for each collateral-dependent loan with a carrying balance greater than the collateral’s fair value, less estimated selling costs. In most cases, the Company records a partial charge-off to reduce the loan’s carrying value to the collateral’s fair value less estimated selling costs. At each fiscal quarter end, if a loan is designated as collateral-dependent and the third-party appraisal has not yet been received, an evaluation of all available collateral is made using the best information available at the time, including rent rolls, borrower financial statements and tax returns, prior appraisals, management’s knowledge of the market and collateral, and internally prepared collateral valuations based upon market assumptions regarding vacancy and capitalization rates, each as and where applicable. Once the appraisal is received and reviewed, the specific reserves are adjusted to reflect the appraised value and evaluated for charge offs. The Company believes there have been no significant time lapses resulting from this process. At June 30, 2022, there were 133 impaired loans totaling $45.1 million, of which 125 totaling $27.7 million were TDRs. Included in this total were 102 TDRs related to 99 borrowers totaling $17.8 million that were performing in accordance with their restructured terms and which continued to accrue interest at June 30, 2022. At December 31, 2021, there were 155 impaired loans totaling $52.3 million, of which 132 loans totaling $30.6 million were TDRs. Included in this total were 115 TDRs to 111 borrowers totaling $21.9 million that were performing in accordance with their restructured terms and which continued to accrue interest at December 31, 2021. At June 30, 2022 and December 31, 2021, the Company had $15.2 million and $18.2 million related to the fair value of underlying collateral-dependent impaired loans, respectively. These collateral-dependent impaired loans at June 30, 2022 consisted of $14.0 million in commercial loans, $1.2 million in residential real estate loans, and $64,000 in consumer loans. The collateral for these impaired loans was primarily real estate. The activity in the allowance for credit losses by portfolio segment for the three and six months ended June 30, 2022 and 2021 was as follows (in thousands): Three months ended June 30, Mortgage loans Commercial loans Consumer loans Total 2022 Balance at beginning of period $ 50,096 23,799 2,380 76,275 Provision charge (benefit) to operations 5,593 (2,710) 117 3,000 Recoveries of loans previously charged-off 361 443 109 913 Loans charged-off (986) (145) (41) (1,172) Balance at end of period $ 55,064 21,387 2,565 79,016 2021 Balance at beginning of period $ 54,198 26,302 5,091 85,591 Provision charge (benefit) to operations 1,080 (10,814) (966) (10,700) Recoveries of loans previously charged-off 191 5,790 198 6,179 Loans charged-off — (16) (95) (111) Balance at end of period $ 55,469 21,262 4,228 80,959 Six months ended June 30, Mortgage loans Commercial loans Consumer loans Total 2022 Balance at beginning of period $ 52,104 26,343 2,293 80,740 Provision charge (benefit) to operations 3,599 (7,115) 116 (3,400) Recoveries of loans previously charged-off 371 2,304 275 2,950 Loans charged-off (1,010) (145) (119) (1,274) Balance at end of period $ 55,064 21,387 2,565 79,016 2021 Balance at beginning of period $ 68,307 27,084 6,075 101,466 Provision benefit to operations (12,387) (11,281) (2,032) (25,700) Recoveries of loans previously charged-off 467 6,317 501 7,285 Loans charged-off (918) (858) (316) (2,092) Balance at end of period $ 55,469 21,262 4,228 80,959 For the three and six months ended June 30, 2022, the Company recorded a $3.0 million provision for credit losses on loans and a $3.4 million negative provision for credit losses on loans, respectively. The provision for credit losses for the quarter ended June 30, 2022 was largely a function of an increase in total loans outstanding and the relative change in the economic outlook, partially offset by an overall improvement in the Company's asset quality. The decrease in the period-over-period provision benefit for the six months ended June 30, 2022 was largely a function of the significant favorable impact of the post-pandemic recovery resulting in a larger negative provision taken in the prior year period, partially offset by growth in the loan portfolio. The following tables summarize loans receivable by portfolio segment and impairment method (in thousands): June 30, 2022 Mortgage Commercial Consumer Total Portfolio Individually evaluated for impairment $ 35,492 8,387 1,173 45,052 Collectively evaluated for impairment 7,454,942 2,183,622 321,538 9,960,102 Total gross loans $ 7,490,434 2,192,009 322,711 10,005,154 December 31, 2021 Mortgage Commercial Consumer Total Portfolio Individually evaluated for impairment $ 34,610 16,420 1,224 52,254 Collectively evaluated for impairment 7,042,961 2,172,446 326,218 9,541,625 Total gross loans $ 7,077,571 2,188,866 327,442 9,593,879 The allowance for credit losses is summarized by portfolio segment and impairment classification as follows (in thousands): June 30, 2022 Mortgage Commercial loans Consumer loans Total Individually evaluated for impairment $ 803 607 47 1,457 Collectively evaluated for impairment 54,261 20,780 2,518 77,559 Total gross loans $ 55,064 21,387 2,565 79,016 December 31, 2021 Mortgage Commercial loans Consumer Total Individually evaluated for impairment $ 875 3,358 51 4,284 Collectively evaluated for impairment 51,229 22,985 2,242 76,456 Total gross loans $ 52,104 $ 26,343 $ 2,293 $ 80,740 Loan modifications for borrowers experiencing financial difficulties that are considered TDRs primarily involve lowering the monthly payments on such loans through either a reduction in interest rate below a market rate, an extension of the term of the loan without a corresponding adjustment to the risk premium reflected in the interest rate, or a combination of these two methods. These modifications generally do not result in the forgiveness of principal or accrued interest. In addition, management attempts to obtain additional collateral or guarantor support when modifying such loans. If the borrower has demonstrated performance under the previous terms and our underwriting process shows the borrower has the capacity to continue to perform under the restructured terms, the loan will continue to accrue interest. Non-accruing restructured loans may be returned to accrual status when there has been a sustained period of repayment performance (generally six consecutive months of payments) and both principal and interest are deemed collectible. The following tables present the number of loans modified as TDRs during the three and six months ended June 30, 2022 and 2021, along with their balances immediately prior to the modification date and post-modification as of June 30, 2022 and 2021 (in thousands): For the three months ended June 30, 2022 June 30, 2021 Troubled Debt Restructurings Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Mortgage loans: Residential 2 $ 265 $ 206 1 $ 171 $ 170 Multi Family 1 1,618 1,601 — — — Total mortgage loans 3 1,883 1,807 1 171 170 Commercial loans 2 378 274 1 1,580 1,089 Total restructured loans 5 $ 2,261 $ 2,081 2 $ 1,751 $ 1,259 For the six months ended June 30, 2022 June 30, 2021 Troubled Debt Restructurings Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Mortgage loans: Residential 2 $ 265 $ 206 1 $ 171 $ 170 Multi Family 1 1,618 1,601 — — — Total mortgage loans 3 1,883 1,807 1 171 170 Commercial loans 2 378 274 4 2,940 2,363 Total restructured loans 5 $ 2,261 $ 2,081 5 $ 3,111 $ 2,533 All TDRs are impaired loans, which are individually evaluated for impairment. During the three and six months ended June 30, 2022, $921,000 of charge-offs were recorded on collateral-dependent impaired loans. During the three months ended June 30, 2021, no charge-offs were recorded on collateral-dependent impaired loans, while $1.5 million of charge-offs were recorded on collateral-dependent impaired loans for the six months ended June 30, 2021. For both the three and six months ended June 30, 2022, the TDRs presented in the preceding tables had a weighted average modified interest rate of 4.26%, compared to a weighted average rate of 4.30% prior to modification. There was one loan totaling $209,000 which had a payment default (90 days or more past due) for loans modified as TDRs within the 12 month periods ending June 30, 2022. For TDRs that subsequently default, the Company determines the amount of the allowance for the respective loans in accordance with the accounting policy for the allowance for credit losses on loans individually evaluated for impairment. As allowed by CECL, loans acquired by the Company that experience more-than-insignificant deterioration in credit quality after origination, are classified as Purchased Credit Deteriorated ("PCD") loans. At June 30, 2022, the balance of PCD loans totaled $227.1 million with a related allowance for credit losses of $2.6 million. The balance of PCD loans at December 31, 2021 was $246.9 million with a related allowance for credit losses of $2.8 million. The following table presents loans individually evaluated for impairment by class and loan category (in thousands): June 30, 2022 December 31, 2021 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Loans with no related allowance Mortgage loans: Residential $ 10,038 7,747 — 8,196 180 12,326 9,814 — 9,999 423 Commercial 17,004 15,216 — 16,270 — 15,310 14,685 — 15,064 63 Multi-family 1,618 1,601 — 1,613 12 — — — — — Construction 2,757 2,689 — 2,689 — 1,656 1,588 — 1,643 30 Total 31,417 27,253 — 28,768 192 29,292 26,087 — 26,706 516 Commercial loans 7,277 5,278 — 5,464 13 9,845 7,254 — 7,714 33 Consumer loans 1,401 865 — 887 30 1,389 853 — 1,613 115 Total impaired loans $ 40,095 33,396 — 35,119 235 40,526 34,194 — 36,033 664 Loans with an allowance recorded Mortgage loans: Residential $ 7,724 7,386 789 7,449 138 7,994 7,652 858 7,742 278 Commercial 854 853 14 863 23 871 871 17 894 48 Multi-family — — — — — — — — — — Total 8,578 8,239 803 8,312 161 8,865 8,523 875 8,636 326 Commercial loans 3,615 3,109 607 6,331 53 9,498 9,166 3,358 8,304 257 Consumer loans 328 308 47 311 6 391 371 51 379 18 Total impaired loans $ 12,521 11,656 1,457 14,954 220 18,754 18,060 4,284 17,319 601 Total impaired loans Mortgage loans: Residential $ 17,762 15,133 789 15,645 318 20,320 17,466 858 17,741 701 Commercial 17,858 16,069 14 17,133 23 16,181 15,556 17 15,958 111 Multi-family 1,618 1,601 — 1,613 12 — — — — — Construction 2,757 2,689 — 2,689 — 1,656 1,588 — 1,643 30 Total 39,995 35,492 803 37,080 353 38,157 34,610 875 35,342 842 Commercial loans 10,892 8,387 607 11,795 66 19,343 16,420 3,358 16,018 290 Consumer loans 1,729 1,173 47 1,198 36 1,780 1,224 51 1,992 133 Total impaired loans $ 52,616 45,052 1,457 50,073 455 59,280 52,254 4,284 53,352 1,265 Specific allocations of the allowance for credit losses attributable to impaired loans totaled $1.5 million at June 30, 2022 and $4.3 million at December 31, 2021. At June 30, 2022 and December 31, 2021, impaired loans for which there was no related allowance for credit losses totaled $33.4 million and $34.2 million, respectively. The average balance of impaired loans for the six months ended June 30, 2022 and the twelve months ended December 31, 2021 was $50.1 million and $53.4 million, respectively. Management utilizes an internal nine-point risk rating system to summarize its loan portfolio into categories with similar risk characteristics. Loans deemed to be “acceptable quality” are rated 1 through 4, with a rating of 1 established for loans with minimal risk. Loans that are deemed to be of “questionable quality” are rated 5 (watch) or 6 (special mention). Loans with adverse classifications (substandard, doubtful or loss) are rated 7, 8 or 9, respectively. Commercial mortgage, commercial, multi-family and construction loans are rated individually, and each lending officer is responsible for risk rating loans in their portfolio. These risk ratings are then reviewed by the department manager and/or the Chief Lending Officer and by the Credit Department. The risk ratings are also reviewed periodically through loan review examinations which are currently performed by an independent third-party. Reports by the independent third-party are presented to the Audit Committee of the Board of Directors. The Company participated in the Paycheck Protection Program (“PPP”) through the United States Department of the Treasury and Small Business Administration ("SBA"). The PPP loans are fully guaranteed by the SBA and may be eligible for forgiveness by the SBA to the extent that the proceeds are used to cover eligible payroll costs, interest costs, rent, and utility costs over a period of up to 24 weeks after the loan was made as long as certain conditions are met regarding employee retention and compensation levels. PPP loans deemed eligible for forgiveness by the SBA will be repaid by the SBA to the Company. For both the initial round and second round of PPP, the Company had secured 2,067 PPP loans for its customers totaling $682.0 million. As of June 30, 2022, 2,039 PPP loans totaling $665.3 million were forgiven. At June 30, 2022, PPP loans totaled $16.7 million, and are included in the commercial loan portfolio. The following table summarizes the Company's gross loans held for investment by year of origination and internally assigned credit grades as of June 30, 2022 and December 31, 2021 (in thousands): Gross Loans Held by Investment by Year of Origination 2022 2021 2020 2019 2018 Prior to 2018 Revolving Loans Revolving loans to term loans Total Loans Residential (1) Special mention $ — — — — — 1,752 — — 1,752 Substandard — — — — 278 5,701 — — 5,979 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — — — 278 7,453 — — 7,731 Pass/Watch 88,490 219,356 220,585 101,646 60,902 482,257 — — 1,173,236 Total residential $ 88,490 219,356 220,585 101,646 61,180 489,710 — — 1,180,967 Commercial Mortgage Special mention $ — — 833 28,404 48,868 10,391 — 88,496 Substandard — — — 476 7,292 19,474 747 27,989 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 833 28,880 56,160 29,865 747 — 116,485 Pass/Watch 577,958 614,166 602,532 576,505 263,216 1,260,665 94,451 30,366 4,019,859 Total commercial mortgage $ 577,958 614,166 603,365 605,385 319,376 1,290,530 95,198 30,366 4,136,344 Multi-family Special mention $ — — — — — 1,669 — — 1,669 Substandard — — 439 — 591 2,404 — — 3,434 Doubtful — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 439 — 591 4,073 — — 5,103 Pass/Watch 93,428 149,942 287,937 203,526 175,050 527,004 1,952 1,157 1,439,996 Gross Loans Held by Investment by Year of Origination 2022 2021 2020 2019 2018 Prior to 2018 Revolving Loans Revolving loans to term loans Total Loans Total multi-family $ 93,428 149,942 288,376 203,526 175,641 531,077 1,952 1,157 1,445,099 Construction Special mention $ — — — — 19,172 905 — — 20,077 Substandard — — — 2,197 2,365 — — — 4,562 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — — 2,197 21,537 905 — — 24,639 Pass/Watch 65,999 298,597 172,180 117,130 41,280 1,593 — 6,606 703,385 Total construction $ 65,999 298,597 172,180 119,327 62,817 2,498 — 6,606 728,024 Total Mortgage Special mention $ — — 833 28,404 68,040 14,717 — — 111,994 Substandard — — 439 2,673 10,526 27,579 747 — 41,964 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 1,272 31,077 78,566 42,296 747 — 153,958 Pass/Watch 825,875 1,282,061 1,283,234 998,807 540,448 2,271,519 96,403 38,129 7,336,476 Total Mortgage $ 825,875 1,282,061 1,284,506 1,029,884 619,014 2,313,815 97,150 38,129 7,490,434 Commercial Special mention $ — — 11,487 957 2,329 27,183 9,162 1,642 52,760 Substandard — — 652 4,454 5,375 72,985 16,549 1,020 101,035 Doubtful — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 12,139 5,411 7,704 100,168 25,711 2,662 153,795 Pass/Watch 163,411 338,523 181,874 171,523 127,502 537,670 484,159 33,552 2,038,214 Total commercial $ 163,411 338,523 194,013 176,934 135,206 637,838 509,870 36,214 2,192,009 Consumer (1) Special mention $ — — 33 — — 118 — 18 169 Substandard — — — — 137 705 78 920 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 33 — 137 823 78 18 1,089 Pass/Watch 19,873 22,391 2,510 18,069 18,277 99,077 125,733 15,692 321,622 Total consumer $ 19,873 22,391 2,543 18,069 18,414 99,900 125,811 15,710 322,711 Total Loans Special mention $ — — 12,353 29,361 70,369 42,018 9,162 1,660 164,923 Substandard — — 1,091 7,127 16,038 101,269 17,374 1,020 143,919 Gross Loans Held by Investment by Year of Origination 2022 2021 2020 2019 2018 Prior to 2018 Revolving Loans Revolving loans to term loans Total Loans Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 13,444 36,488 86,407 143,287 26,536 2,680 308,842 Pass/Watch 1,009,159 1,642,975 1,467,618 1,188,399 686,227 2,908,266 706,295 87,373 9,696,312 Total gross loans $ 1,009,159 1,642,975 1,481,062 1,224,887 772,634 3,051,553 732,831 90,053 10,005,154 (1) For residential and consumer loans, the Company assigns internal credit grades based on the delinquency status of each loan. Gross Loans Held by Investment by Year of Origination 2021 2020 2019 2018 2017 Prior to 2017 Revolving Loans Revolving loans to term loans Total Loans Residential (1) Special mention $ — — — — 697 434 — — 1,131 Substandard — — — 280 166 8,569 — — 9,015 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — — 280 863 9,003 — — 10,146 Pass/Watch 229,106 235,949 113,206 67,493 75,906 470,832 — — 1,192,492 Total residential $ 229,106 235,949 113,206 67,773 76,769 479,835 — — 1,202,638 Commercial Mortgage Special mention $ — 2,624 28,706 22,296 9,657 26,668 1,094 — 91,045 Substandard — — 18 34,260 7,352 34,356 799 — 76,785 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — 2,624 28,724 56,556 17,009 61,024 1,893 — 167,830 Pass/Watch 655,105 600,030 589,578 298,665 430,947 952,746 101,618 30,851 3,659,540 Total commercial mortgage $ 655,105 602,654 618,302 355,221 447,956 1,013,770 103,511 30,851 3,827,370 Multi-family Special mention $ — — — — 3,053 271 — — 3,324 Substandard — 439 — — 945 — — 1,384 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — 439 — — 3,053 1,216 — — 4,708 Pass/Watch 154,419 294,716 166,558 173,583 117,654 448,710 2,880 1,169 1,359,689 Total multi-family $ 154,419 295,155 166,558 173,583 120,707 449,926 2,880 1,169 1,364,397 Gross Loans Held by Investment by Year of Origination 2021 2020 2019 2018 2017 Prior to 2017 Revolving Loans Revolving loans to term loans Total Loans Construction Special mention $ — 1,125 — — — — — — 1,125 Substandard — — — 2,365 — — — — 2,365 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — 1,125 — 2,365 — — — — 3,490 Pass/Watch 173,843 176,182 219,331 94,363 9,604 103 6,250 679,676 Total construction $ 173,843 177,307 219,331 96,728 9,604 103 — 6,250 683,166 Total Mortgage Special mention $ — 3,749 28,706 22,296 13,407 27,373 1,094 — 96,625 Substandard — 439 18 36,905 7,518 43,870 799 — 89,549 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — 4,188 28,724 59,201 20,925 71,243 1,893 — 186,174 Pass/Watch 1,212,473 1,306,877 1,088,673 634,104 634,111 1,872,391 104,498 38,270 6,891,397 Total Mortgage $ 1,212,473 1,311,065 1,117,397 693,305 655,036 1,943,634 106,391 38,270 7,077,571 Commercial Special mention $ 1,232 2,662 2,816 3,263 24,418 40,561 8,389 2,155 85,496 Substandard — 736 5,517 5,860 5,747 64,807 13,622 1,821 98,110 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified 1,232 3,398 8,333 9,123 30,165 105,368 22,011 3,976 183,606 Pass/Watch 415,924 222,132 179,193 154,440 149,567 489,051 355,097 39,856 2,005,260 Total commercial $ 417,156 225,530 187,526 163,563 179,732 594,419 377,108 43,832 2,188,866 Consumer (1) Special mention $ — — — — — 109 25 94 228 Substandard — — — 116 2 1,514 6 — 1,638 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — — 116 2 1,623 31 94 1,866 Pass/Watch 25,140 4,503 24,272 21,046 15,804 99,106 119,347 16,358 325,576 Total consumer $ 25,140 4,503 24,272 21,162 15,806 100,729 119,378 16,452 327,442 Total Loans Special mention $ 1,232 6,411 31,522 25,559 37,825 68,043 9,508 2,249 182,349 Substandard — 1,175 5,535 42,881 13,267 110,191 14,427 1,821 189,297 Doubtful — — — — — — — — — Loss — — — — — — — — — Gross Loans Held by Investment by Year of Origination 2021 2020 2019 2018 2017 Prior to 2017 Revolving Loans Revolving loans to term loans Total Loans Total criticized and classified 1,232 7,586 37,057 68,440 51,092 178,234 23,935 4,070 371,646 Pass/Watch 1,653,537 1,533,512 1,292,138 809,590 799,482 2,460,548 578,942 94,484 9,222,233 Total gross loans $ 1,654,769 1,541,098 1,329,195 878,030 850,574 2,638,782 602,877 98,554 9,593,879 (1) For residential and consumer loans, the Company assigns internal credit grades based on the delinquency status of each loan.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2022
Banking and Thrift, Other Disclosure [Abstract]
Deposits	Deposits Deposits at June 30, 2022 and December 31, 2021 are summarized as follows (in thousands): June 30, 2022 December 31, 2021 Savings $ 1,512,356 1,460,541 Money market 2,618,057 2,592,523 NOW 3,258,591 3,722,198 Non-interest bearing 2,818,575 2,766,235 Certificates of deposit 666,645 692,515 Total deposits $ 10,874,224 11,234,012

Borrowed Funds

Borrowed Funds	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Borrowed Funds	Borrowed Funds Borrowed funds at June 30, 2022 and December 31, 2021 are summarized as follows (in thousands): June 30, 2022 December 31, 2021 Securities sold under repurchase agreements $ 107,711 116,760 FHLB overnight borrowings 314,000 — FHLB advances 580,791 510,014 Total borrowed funds $ 1,002,502 626,774 At June 30, 2022, FHLB advances were at fixed rates and mature between July 2022 and July 2025, and at December 31, 2021, FHLB advances were at fixed rates with maturities between January 2022 and July 2025. These advances are secured by loans receivable under a blanket collateral agreement. Scheduled maturities of FHLB advances and overnight borrowings at June 30, 2022 are as follows (in thousands): 2022 Due in one year or less $ 430,950 Due after one year through two years 91,728 Due after two years through three years 238,953 Due after three years through four years 133,160 Thereafter — Total FHLB advances and overnight borrowings $ 894,791 Scheduled maturities of securities sold under repurchase agreements at June 30, 2022 are as follows (in thousands): 2022 Due in one year or less $ 107,711 Thereafter — Total securities sold under repurchase agreements $ 107,711 The following tables set forth certain information as to borrowed funds for the periods ended June 30, 2022 and December 31, 2021 (in thousands): Maximum balance Average balance Weighted average interest rate June 30, 2022 Securities sold under repurchase agreements $ 125,506 116,903 0.32 % FHLB overnight borrowings 314,000 34,999 2.42 FHLB advances 580,791 386,691 0.87 December 31, 2021 Securities sold under repurchase agreements $ 132,005 116,158 0.07 % FHLB overnight borrowings — 205 0.34 FHLB advances 941,939 673,014 1.27 Securities sold under repurchase agreements include arrangements with deposit customers of the Bank to sweep funds into short-term borrowings. The Bank uses available for sale debt securities to pledge as collateral for the repurchase agreements. At June 30, 2022 and December 31, 2021, available for sale debt securities pledged as collateral for repurchase agreements totaled $134.4 million and $136.0 million, respectively.

Components of Net Periodic Bene

Components of Net Periodic Benefit Cost	6 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Components of Net Periodic Benefit Cost	Components of Net Periodic Benefit Cost The Bank has a noncontributory defined benefit pension plan covering its full-time employees who had attained age 21 with at least one year of service as of April 1, 2003. The pension plan was frozen on April 1, 2003. All participants in the Plan are 100% vested. The pension plan’s assets are invested in investment funds and group annuity contracts currently managed by the Principal Financial Group and Allmerica Financial. In addition to pension benefits, certain health care and life insurance benefits are currently made available to certain of the Bank’s retired employees. The costs of such benefits are accrued based on actuarial assumptions from the date of hire to the date the employee is fully eligible to receive the benefits. Effective January 1, 2003, eligibility for retiree health care benefits was frozen as to new entrants, and benefits were eliminated for employees with less than ten years of service as of December 31, 2002. Effective January 1, 2007, eligibility for retiree life insurance benefits was frozen as to new entrants and retiree life insurance benefits were eliminated for employees with less than ten years of service as of December 31, 2006. Net periodic (decrease) increase in benefit cost for pension benefits and other post-retirement benefits for the three and six months ended June 30, 2022 and 2021 includes the following components (in thousands): Three months ended June 30, Six months ended June 30, Pension benefits Other post-retirement benefits Pension benefits Other post-retirement benefits 2022 2021 2022 2021 2022 2021 2022 2021 Service cost $ — — 7 9 $ — — 14 18 Interest cost 214 198 111 106 428 396 222 212 Expected return on plan assets (864) (807) — — (1,728) (1,614) — — Amortization of prior service cost — — — — — — — — Amortization of the net loss (gain) — 118 (326) (268) — 236 (652) (536) Net periodic (decrease) increase in benefit cost $ (650) (491) (208) (153) $ (1,300) (982) (416) (306) In its consolidated financial statements for the year ended December 31, 2021, the Company previously disclosed that it does not expect to contribute to the pension plan in 2022. As of June 30, 2022, no contributions have been made to the pension plan. The changes in net periodic benefit cost for pension benefits and other post-retirement benefits for the three and six months ended June 30, 2022 were calculated using the January 1, 2022 pension and other post-retirement benefits actuarial valuations.

Impact of Recent Accounting Pro

Impact of Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2022
Accounting Changes and Error Corrections [Abstract]
Impact of Recent Accounting Pronouncements	Impact of Recent Accounting Pronouncements Accounting Pronouncements Not Yet Adopted In March 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2022-02, "Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures," which addresses areas identified by the FASB as part of its post-implementation review of the credit losses standard (ASU 2016-13) that introduced the CECL model. The amendments eliminate the accounting guidance for troubled debt restructurings by creditors that have adopted the CECL model and enhance the disclosure requirements for loan refinancing and restructurings made with borrowers experiencing financial difficulty. In addition, the amendments require a public business entity to disclose current-period gross write-offs for financing receivables and net investment in leases by year of origination in the vintage disclosures. For entities that have adopted ASU 2016-13, ASU 2022-02 is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted if an entity has adopted ASU 2016-13. The Company continues to assess the impact that this guidance will have on the Company’s consolidated financial statements. In March 2022, the FASB issued ASU 2022-01, "Derivatives and Hedging (Topic 815): Fair Value Hedging - Portfolio Layer Method." This ASU clarifies the guidance in ASC 815 on fair value hedge accounting of interest rate risk for portfolios of financial assets. The ASU amends the guidance in ASU 2017-12 that, among other things, established the “last-of-layer” method for making the fair value hedge accounting for these portfolios more accessible. ASU 2022-01 renames that method the “portfolio layer” method and addresses feedback from stakeholders regarding its application. Under current guidance, the last-of-layer method enables an entity to apply fair value hedging to a stated amount of a closed portfolio of prepayable financial assets (or one or more beneficial interests secured by a portfolio of prepayable financial instruments) without having to consider prepayment risk or credit risk when measuring those assets. ASU 2022-01 expands the scope of this guidance to allow entities to apply the portfolio layer method to portfolios of all financial assets, including both prepayable and nonprepayable financial assets. This scope expansion is consistent with the FASB’s efforts to simplify hedge accounting and allows entities to apply the same method to similar hedging strategies. Also, ASU 2022-01 expands the current model to explicitly allow entities to designate multiple layers in a single portfolio as individual hedged items. This allows entities to designate multiple hedging relationships with a single closed portfolio, and therefore a larger portion of the interest rate risk associated with such a portfolio is eligible to be hedged. ASU 2022-01 also addresses questions about the types of derivatives that could be used as the hedging instrument in potential multiple-layer hedges. ASU 2022-01, an entity has the flexibility to use any type of derivative or combination of derivatives (e.g., spot-starting constant-notional swaps with different term lengths, a combination of spot-starting and forward-starting constant-notional swaps, amortizing-notional swaps) by applying the multiple-layer model that aligns with its risk management strategy. ASU 2022-01 expands and clarifies the current guidance on accounting for fair value hedge basis adjustments under the portfolio layer method for both single-layer and multiple-layer hedges. For public business entities, ASU 2022-01 is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. Early adoption is permitted if an entity has adopted ASU 2017-12. The Company does not expect the adoption of this guidance to have a significant impact on the Company’s consolidated financial statements. In March 2020, the FASB issued ASU 2020-04, "Reference Rate Reform (Topic 848)," which provides optional expedients and exceptions for applying GAAP to loan and lease agreements, derivative contracts, and other transactions affected by the anticipated transition away from LIBOR toward new interest rate benchmarks. For transactions that are modified because of reference rate reform and that meet certain scope guidance (i) modifications of loan agreements should be accounted for by prospectively adjusting the effective interest rate and the modification will be considered "minor" so that any existing unamortized origination fees/costs would carry forward and continue to be amortized and (ii) modifications of lease agreements should be accounted for as a continuation of the existing agreement with no reassessments of the lease classification and the discount rate or re-measurements of lease payments that otherwise would be required for modifications not accounted for as separate contracts. ASU 2020-04 also provides numerous optional expedients for derivative accounting. ASU 2020-04 is effective March 12, 2020 through December 31, 2022. An entity may elect to apply ASU 2020-04 for contract modifications as of January 1, 2020, or prospectively from a date within an interim period that includes or is subsequent to March 12, 2020, up to the date that the financial statements are available to be issued. Once elected for a Topic or an Industry Subtopic within the Codification, the amendments in this ASU must be applied prospectively for all eligible contract modifications for that Topic or Industry Subtopic. The Company anticipates this ASU will simplify any modifications we execute between the selected start date (yet to be determined) and December 31, 2022 that are directly related to LIBOR transition by allowing prospective recognition of the continuation of the contract, rather than the extinguishment of the old contract resulting in writing off unamortized fees/costs. In addition, in January 2021 the FASB issued ASU No. 2021-01 “Reference Rate Reform — Scope,” which clarified the scope of ASC 848 relating to contract modifications. In the fourth quarter of 2019 the Company formed, a cross-functional team to develop transition plans for the LIBOR transition to address potential revisions to documentation, as well as customer management and communication, internal training, financial, operational and risk management implications, and legal and contract management. The working group is comprised of individuals from various functional areas including lending, risk management, finance and credit, among others. In addition, the Company has engaged with its regulators and with industry working groups and trade associations to develop strategies for transitioning away from LIBOR. The Company is currently in the process of transitioning from LIBOR and plans to move to the Secured Overnight Financing Rate ("SOFR") and no longer offers LIBOR as an option to customers. The Company continues to assess the impacts of this guidance, however does not expect the adoption of this guidance to have a significant impact on the Company’s consolidated financial statements.

Allowance for Credit Losses on

Allowance for Credit Losses on Off-Balance Sheet Credit Exposures	6 Months Ended
	Jun. 30, 2022
Credit Loss [Abstract]
Allowance for Credit Losses on Off-Balance Sheet Credit Exposures	Allowance for Credit Losses on Off-Balance Sheet Credit Exposures Management analyzes the Company's exposure to credit losses for both on-balance sheet and off-balance sheet activity using a consistent methodology for the quantitative framework as well as the qualitative framework. For purposes of estimating the allowance for credit losses for off-balance sheet credit exposures, the exposure at default includes an estimated drawdown of unused credit based on historical credit utilization factors and current loss factors, resulting in a proportionate amount of expected credit losses. For the three and six months ended June 30, 2022, the Company recorded a $973,000 and $3.4 million negative provision for credit losses for off-balance sheet credit exposures, respectively. For the three and six months ended June 30, 2021, the Company recorded a $2.1 million and $1.2 million provision for credit losses for off-balance sheet credit exposures, respectively. The decrease for both periods was primarily the result of a decrease in the pipeline of loans approved and awaiting closing, combined with an increase in line of credit utilization, partially offset by an increase in loss factors. The allowance for credit losses for off-balance sheet credit exposures was $3.2 million and $6.5 million at June 30, 2022 and December 31, 2021, respectively, and are included in other liabilities on the Consolidated Statements of Financial Condition.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The determination of fair values of financial instruments often requires the use of estimates. Where quoted market values in an active market are not readily available, Management utilizes various valuation techniques to estimate fair value. Fair value is an estimate of the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. However, in many instances fair value estimates may not be substantiated by comparison to independent markets and may not be realized in an immediate sale of the financial instrument. GAAP establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1: Unadjusted quoted market prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability; and Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity). A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The valuation techniques are based upon the unpaid principal balance only, and exclude any accrued interest or dividends at the measurement date. Interest income and expense and dividend income are recorded within the consolidated statements of income depending on the nature of the instrument using the effective interest method based on acquired discount or premium. Assets and Liabilities Measured at Fair Value on a Recurring Basis The valuation techniques described below were used to measure fair value of financial instruments in the table below on a recurring basis as of June 30, 2022 and December 31, 2021. Available for Sale Debt Securities, at Fair Value For available for sale debt securities, fair value was estimated using a market approach. The majority of the Company’s securities are fixed income instruments that are not quoted on an exchange, but are traded in active markets. Prices for these instruments are obtained through third-party data service providers or dealer market participants with whom the Company has historically transacted both purchases and sales of securities. Prices obtained from these sources include market quotations and matrix pricing. Matrix pricing, a Level 2 input, is a mathematical technique used principally to value certain securities to benchmark to comparable securities. The Company evaluates the quality of Level 2 matrix pricing through comparison to similar assets with greater liquidity and evaluation of projected cash flows. As Management is responsible for the determination of fair value, it performs quarterly analyses on the prices received from the pricing service to determine whether the prices are reasonable estimates of fair value. Specifically, Management compares the prices received from the pricing service to a secondary pricing source. Additionally, Management compares changes in the reported market values and returns to relevant market indices to test the reasonableness of the reported prices. The Company’s internal price verification procedures and review of fair value methodology documentation provided by independent pricing services has generally not resulted in an adjustment in the prices obtained from the pricing service. Equity Securities, at Fair Value The Company holds equity securities that are traded in active markets with readily accessible quoted market prices that are considered Level 1 inputs. Derivatives The Company records all derivatives on the statements of financial condition at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. The Company has interest rate derivatives resulting from a service provided to certain qualified borrowers in a loan related transaction which, therefore, are not used to manage interest rate risk in the Company’s assets or liabilities. As such, all changes in fair value of the Company’s derivatives are recognized directly in earnings. The Company also uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges, and which satisfy hedge accounting requirements, involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without the exchange of the underlying notional amount. These derivatives were used to hedge the variable cash outflows associated with FHLBNY borrowings and brokered demand deposits. The change in the fair value of these derivatives is recorded in accumulated other comprehensive (loss) income, and is subsequently reclassified into earnings in the period that the forecasted transactions affect earnings. The fair value of the Company's derivatives is determined using discounted cash flow analysis using observable market-based inputs, which are considered Level 2 inputs. Assets Measured at Fair Value on a Non-Recurring Basis The valuation techniques described below were used to estimate fair value of financial instruments measured on a non-recurring basis as of June 30, 2022 and December 31, 2021. Collateral-Dependent Impaired Loans For loans measured for impairment based on the fair value of the underlying collateral, fair value was estimated using a market approach. The Company measures the fair value of collateral underlying impaired loans primarily through obtaining independent appraisals that rely upon quoted market prices for similar assets in active markets. These appraisals include adjustments, on an individual case-by-case basis, to comparable assets based on the appraisers’ market knowledge and experience, as well as adjustments for estimated costs to sell between 5% and 10%. Management classifies these loans as Level 3 within the fair value hierarchy. Foreclosed Assets Assets acquired through foreclosure or deed in lieu of foreclosure are carried at fair value, less estimated selling costs, which range between 5% and 10%. Fair value is generally based on independent appraisals that rely upon quoted market prices for similar assets in active markets. These appraisals include adjustments, on an individual case basis, to comparable assets based on the appraisers’ market knowledge and experience, and are classified as Level 3. When an asset is acquired, the excess of the loan balance over fair value less estimated selling costs is charged to the allowance for credit losses. A reserve for foreclosed assets may be established to provide for possible write-downs and selling costs that occur subsequent to foreclosure. Foreclosed assets are carried net of the related reserve. Operating results from real estate owned, including rental income, operating expenses, and gains and losses realized from the sales of real estate owned, are recorded as incurred. There were no changes to the valuation techniques for fair value measurements as of June 30, 2022 or December 31, 2021. The following tables present the assets and liabilities reported on the consolidated statements of financial condition at their fair values as of June 30, 2022 and December 31, 2021, by level within the fair value hierarchy (in thousands): Fair Value Measurements at Reporting Date Using: June 30, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Measured on a recurring basis: Available for sale debt securities: U.S. Treasury obligations $ 253,915 253,915 — — Mortgage-backed securities 1,558,951 — 1,558,951 — Asset-backed securities 40,844 — 40,844 — State and municipal obligations 59,305 — 59,305 — Corporate obligations 34,105 — 34,105 — Total available for sale debt securities 1,947,120 253,915 1,693,205 — Equity securities 1,102 1,102 — — Derivative assets 103,556 — 103,556 — $ 2,051,778 255,017 1,796,761 — Derivative liabilities $ 81,085 — 81,085 — Measured on a non-recurring basis: Loans measured for impairment based on the fair value of the underlying collateral $ 15,203 — — 15,203 Foreclosed assets 9,076 — — 9,076 $ 24,279 — — 24,279 Fair Value Measurements at Reporting Date Using: December 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Measured on a recurring basis: Available for sale debt securities: U.S. Treasury obligations $ 196,329 196,329 — — Mortgage-backed securities 1,708,831 — 1,708,831 — Asset-backed securities 46,797 — 46,797 — State and municipal obligations 69,707 — 69,707 — Corporate obligations 36,187 — 36,187 — Total available for sale debt securities 2,057,851 196,329 1,861,522 — Equity Securities 1,325 1,325 — — Derivative assets 65,903 — 65,903 — $ 2,125,079 197,654 1,927,425 — Derivative liabilities $ 61,412 — 61,412 — Measured on a non-recurring basis: Loans measured for impairment based on the fair value of the underlying collateral $ 18,237 — — 18,237 Foreclosed assets 8,731 — — 8,731 $ 26,968 — — 26,968 There were no transfers between Level 1, Level 2 and Level 3 during the three and six months ended June 30, 2022. Other Fair Value Disclosures The Company is required to disclose estimated fair value of financial instruments, both assets and liabilities on and off the balance sheet, for which it is practicable to estimate fair value. The following is a description of valuation methodologies used for those assets and liabilities. Cash and Cash Equivalents For cash and due from banks, federal funds sold and short-term investments, the carrying amount approximates fair value. Included in cash and cash equivalents at June 30, 2022 and December 31, 2021 was $70,000 and $27.3 million, respectively, representing cash collateral pledged to secure loan level swaps, risk participation agreements and reserves required by banking regulations. Held to Maturity Debt Securities For held to maturity debt securities, fair value was estimated using a market approach. The majority of the Company’s securities are fixed income instruments that are not quoted on an exchange, but are traded in active markets. Prices for these instruments are obtained through third party data service providers or dealer market participants with whom the Company has historically transacted both purchases and sales of securities. Prices obtained from these sources include market quotations and matrix pricing. Matrix pricing, a Level 2 input, is a mathematical technique used principally to value certain securities to benchmark to comparable securities. Management evaluates the quality of Level 2 matrix pricing through comparison to similar assets with greater liquidity and evaluation of projected cash flows. As management is responsible for the determination of fair value, it performs quarterly analyses on the prices received from the pricing service to determine whether the prices are reasonable estimates of fair value. Specifically, management compares the prices received from the pricing service to a secondary pricing source. Additionally, management compares changes in the reported market values and returns to relevant market indices to test the reasonableness of the reported prices. The Company’s internal price verification procedures and review of fair value methodology documentation provided by independent pricing services has generally not resulted in adjustment in the prices obtained from the pricing service. The Company also holds debt instruments issued by the U.S. government and U.S. government agencies that are traded in active markets with readily accessible quoted market prices that are considered Level 1 within the fair value hierarchy. Federal Home Loan Bank of New York ("FHLBNY") Stock The carrying value of FHLBNY stock is its cost. The fair value of FHLBNY stock is based on redemption at par value. The Company classifies the estimated fair value as Level 1 within the fair value hierarchy. Loans Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type such as commercial mortgage, residential mortgage, commercial, construction and consumer. Each loan category is further segmented into fixed and adjustable rate interest terms and into performing and non-performing categories. The fair value of performing loans was estimated using a combination of techniques, including a discounted cash flow model that utilizes a discount rate that reflects the Company’s current pricing for loans with similar characteristics and remaining maturity, adjusted by an amount for estimated credit losses inherent in the portfolio at the balance sheet date (i.e. exit pricing). The rates take into account the expected yield curve, as well as an adjustment for prepayment risk, when applicable. The Company classifies the estimated fair value of its loan portfolio as Level 3. The fair value for significant non-performing loans was based on recent external appraisals of collateral securing such loans, adjusted for the timing of anticipated cash flows. The Company classifies the estimated fair value of its non-performing loan portfolio as Level 3. Deposits The fair value of deposits with no stated maturity, such as non-interest bearing demand deposits and savings deposits, was equal to the amount payable on demand and classified as Level 1. The estimated fair value of certificates of deposit was based on the discounted value of contractual cash flows. The discount rate was estimated using the Company’s current rates offered for deposits with similar remaining maturities. The Company classifies the estimated fair value of its certificates of deposit portfolio as Level 2. Borrowed Funds The fair value of borrowed funds was estimated by discounting future cash flows using rates available for debt with similar terms and maturities and is classified by the Company as Level 2 within the fair value hierarchy. Commitments to Extend Credit and Letters of Credit The fair value of commitments to extend credit and letters of credit was estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The Company classifies these commitments as Level 3 within the fair value hierarchy. Limitations Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial assets or liabilities include goodwill and other intangibles, deferred tax assets and premises and equipment. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates. The following tables present the Company’s financial instruments at their carrying and fair values as of June 30, 2022 and December 31, 2021. Fair values are presented by level within the fair value hierarchy. Fair Value Measurements at June 30, 2022 Using: (Dollars in thousands) Carrying value Fair value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Cash and cash equivalents $ 277,532 277,532 277,532 — — Available for sale debt securities: U.S. Treasury obligations 253,915 253,915 253,915 — — Agency obligations — — — — — Mortgage-backed securities 1,558,951 1,558,951 — 1,558,951 — Asset-backed securities 40,844 40,844 40,844 State and municipal obligations 59,305 59,305 — 59,305 — Corporate obligations 34,105 34,105 — 34,105 — Total available for sale debt securities $ 1,947,120 1,947,120 253,915 1,693,205 — Held to maturity debt securities, net of allowance for credit losses: Agency obligations 9,996 9,251 9,251 — — Mortgage-backed securities 7 7 — 7 — State and municipal obligations 389,075 378,817 — 378,817 — Corporate obligations 11,667 11,065 — 11,065 — Total held to maturity debt securities, net of allowance for credit losses $ 410,745 399,140 9,251 389,889 — FHLBNY stock 54,836 54,836 54,836 — — Equity Securities 1,102 1,102 1,102 — — Loans, net of allowance for credit losses 9,913,429 9,739,780 — — 9,739,780 Derivative assets 103,556 103,556 — 103,556 — Financial liabilities: Deposits other than certificates of deposits $ 10,207,579 10,207,579 10,207,579 — — Certificates of deposit 666,645 664,725 — 664,725 — Total deposits $ 10,874,224 10,872,304 10,207,579 664,725 — Borrowings 1,002,502 985,267 — 985,267 — Subordinated debentures 10,389 9,438 — 9,438 — Derivative liabilities 81,085 81,085 — 81,085 — Fair Value Measurements at December 31, 2021 Using: (Dollars in thousands) Carrying value Fair value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Cash and cash equivalents $ 712,463 712,463 712,463 — — Available for sale debt securities: U.S. Treasury obligations 196,329 196,329 196,329 — — Agency obligations — — — — — Mortgage-backed securities 1,708,831 1,708,831 — 1,708,831 — Asset-backed securities 46,797 46,797 46,797 State and municipal obligations 69,707 69,707 — 69,707 — Corporate obligations 36,187 36,187 — 36,187 — Total available for sale debt securities $ 2,057,851 2,057,851 196,329 1,861,522 — Held to maturity debt securities: Agency obligations $ 9,996 9,821 9,821 — — Mortgage-backed securities 21 21 — 21 — State and municipal obligations 415,699 429,552 — 429,552 — Corporate obligations 10,434 10,315 — 10,315 — Total held to maturity debt securities $ 436,150 449,709 9,821 439,888 — FHLBNY stock 34,290 34,290 34,290 — — Equity Securities 1,325 1,325 1,325 — — Loans, net of allowance for credit losses 9,500,884 9,607,225 — — 9,607,225 Derivative assets 65,903 65,903 — 65,903 — Financial liabilities: Deposits other than certificates of deposits $ 10,541,497 10,541,497 10,541,497 — — Certificates of deposit 692,515 694,041 — 694,041 — Total deposits $ 11,234,012 11,235,538 10,541,497 694,041 — Borrowings 626,774 625,636 — 625,636 — Subordinated debentures 10,283 9,750 — 9,750 — Derivative liabilities 61,412 61,412 — 61,412 —

Other Comprehensive Income

Other Comprehensive Income	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Other Comprehensive Income	Other Comprehensive Income The following table presents the components of other comprehensive income, both gross and net of tax, for the three and six months ended June 30, 2022 and 2021 (in thousands): Three months ended June 30, 2022 2021 Before Tax After Before Tax After Components of Other Comprehensive Income: Unrealized gains and losses on available for sale debt securities: Net unrealized (losses) gains arising during the period $ (62,477) 16,744 (45,733) 3,288 (848) 2,440 Reclassification adjustment for gains included in net income (58) 16 (42) — — — Total (62,535) 16,760 (45,775) 3,288 (848) 2,440 Unrealized gains (losses) on derivatives (cash flow hedges) 2,948 (790) 2,158 (1,649) 425 (1,224) Amortization related to post-retirement obligations (322) 86 (236) (150) 39 (111) Total other comprehensive (loss) income $ (59,909) 16,056 (43,853) 1,489 (384) 1,105 Six months ended June 30, 2022 2021 Before Tax After Before Tax After Components of Other Comprehensive Income: Unrealized gains and losses on available for sale debt securities: Net unrealized (losses) arising during the period $ (178,558) 47,854 (130,704) (8,865) 2,286 (6,579) Reclassification adjustment for gains included in net income (58) 16 (42) (230) 59 (171) Total (178,616) 47,870 (130,746) (9,095) 2,345 (6,750) Unrealized gains (losses) on derivatives (cash flow hedges) 17,207 (4,611) 12,596 4,577 (1,180) 3,397 Amortization related to post-retirement obligations (700) 188 (512) (300) 80 (220) Total other comprehensive (loss) $ (162,109) 43,447 (118,662) (4,818) 1,245 (3,573) The following tables present the changes in the components of accumulated other comprehensive income, net of tax, for the three and six months ended June 30, 2022 and 2021 (in thousands): Changes in Accumulated Other Comprehensive (Loss) Income by Component, net of tax 2022 2021 Unrealized Post- Retirement Unrealized Gains on Derivatives (cash flow hedges) Accumulated Unrealized Gains on Post- Retirement Unrealized Losses on Derivatives (cash flow hedges) Accumulated Balance at $ (85,182) 2,705 14,531 (67,946) 14,500 (1,190) (333) 12,977 Current - period other comprehensive (loss) income (45,775) (236) 2,158 (43,853) 2,440 (111) (1,224) 1,105 Balance at June 30, $ (130,957) 2,469 16,689 (111,799) 16,940 (1,301) (1,557) 14,082 Changes in Accumulated Other Comprehensive Income (Loss) by Component, net of tax 2022 2021 Unrealized Post- Retirement Unrealized Gains on Derivatives (cash flow hedges) Accumulated Unrealized Gains (Losses) on Post- Retirement Unrealized Gains (Losses) on Derivatives (cash flow hedges) Accumulated Balance at December 31, $ (211) 2,981 4,093 6,863 23,690 (1,081) (4,954) 17,655 Current - period other comprehensive (loss) (130,746) (512) 12,596 (118,662) (6,750) (220) 3,397 (3,573) Balance at June 30, $ (130,957) 2,469 16,689 (111,799) 16,940 (1,301) (1,557) 14,082 The following tables summarize the reclassifications from accumulated other comprehensive income (loss) to the consolidated statements of income for the three and six months ended June 30, 2022 and 2021 (in thousands): Reclassifications From Accumulated Other Comprehensive Amount reclassified from AOCI for the three months ended June 30, Affected line item in the Consolidated 2022 2021 Details of AOCI: Available for sale debt securities: Realized net gains on the sale of securities available for sale $ (58) — Net gain on securities transactions 16 — Income tax expense (42) — Net of tax Cash flow hedges: Unrealized (gains) losses on derivatives (162) 947 Interest expense 42 (244) Income tax expense (120) 703 Post-retirement obligations: Amortization of actuarial gains $ (326) (150) Compensation and employee benefits (1) 84 39 Income tax expense Total reclassification $ (242) (111) Net of tax Total reclassifications $ (404) (111) Net of tax Reclassifications From Accumulated Other Comprehensive Amount reclassified from AOCI for the six months ended June 30, Affected line item in the Consolidated 2022 2021 Details of AOCI: Available for sale debt securities: Realized net gains on the sale of securities available for sale $ (58) (230) Net gain on securities transactions 16 59 Income tax expense (42) (171) Net of tax Cash flow hedges: Unrealized losses on derivatives 504 1,826 Interest expense (136) (471) Income tax expense 368 1,355 Post-retirement obligations: Amortization of actuarial gains $ (652) (300) Compensation and employee benefits (1) 171 80 Income tax expense Total reclassification $ (481) (220) Net of tax Total reclassifications $ (155) (391) Net of tax (1) This item is included in the computation of net periodic benefit cost. See Note 6. Components of Net Periodic Benefit Cost.

Derivatives and Hedging Activit

Derivatives and Hedging Activities	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative and Hedging Activities	Derivative and Hedging Activities The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through the management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its assets and liabilities. Non-designated Hedges. Derivatives not designated in qualifying hedging relationships are not speculative and result from a service the Company provides to certain qualified commercial borrowers in loan related transactions which, therefore, are not used to manage interest rate risk in the Company’s assets or liabilities. The Company may execute interest rate swaps with qualified commercial banking customers to facilitate their respective risk management strategies. Those interest rate swaps are simultaneously hedged by offsetting interest rate swaps that the Company executes with a third party, such that the Company minimizes its net risk exposure resulting from such transactions. The interest rate swap agreement which the Company executes with the commercial borrower is collateralized by the borrower's commercial real estate financed by the Company. As the Company has not elected to apply hedge accounting and these interest rate swaps do not meet the hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. At June 30, 2022 and December 31, 2021, the Company had 166 and 164 loan related interest rate swaps, respectively, with aggregate notional amounts of $2.48 billion and $2.38 billion, respectively. The Company periodically enters into risk participation agreements ("RPAs"), with the Company functioning as either the lead institution, or as a participant when another company is the lead institution on a commercial loan. These RPAs are entered into to manage the credit exposure on interest rate contracts associated with these loan participation agreements. Under the RPAs, the Company will either receive or make a payment in the event the borrower defaults on the related interest rate contract. The Company has minimum collateral posting thresholds with certain of its risk participation counterparties, and has posted collateral of $70,000 against the potential risk of default by the borrower under these agreements. At June 30, 2022 and December 31, 2021, the Company had 13 credit derivatives, with aggregate notional amounts of $149.6 million and $144.8 million, respectively, from participations in interest rate swaps as part of these loan participation arrangements. At June 30, 2022, the asset and liability positions of these fair value credit derivatives totaled $47,000 and $19,000, respectively, compared to $109,000 and $46,000, respectively, at December 31, 2021. Cash Flow Hedges of Interest Rate Risk. The Company’s objective in using interest rate derivatives is to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable payment amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Changes in the fair value of derivatives designated and that qualify as cash flow hedges of interest rate risk are recorded in accumulated other comprehensive income and are subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. During the three and six months ended June 30, 2022 and 2021, such derivatives were used to hedge the variable cash outflows associated with FHLBNY borrowings and brokered demand deposits. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s borrowings or demand deposits. During the next twelve months, the Company estimates that $10.0 million will be reclassified as a reduction to interest expense. At June 30, 2022, the Company had 11 outstanding interest rate derivatives with an aggregate notional amount of $460.0 million that were each designated as a cash flow hedge of interest rate risk. Assets and liabilities relating to certain financial instruments, including derivatives, may be eligible for offset in the Consolidated Statements of Financial Condition and/or subject to enforceable master netting arrangements or similar agreements. The Company does not offset asset and liabilities under such arrangements in the Consolidated Statements of Financial Condition. The tables below present a gross presentation, the effects of offsetting, and a net presentation of the Company’s financial instruments that are eligible for offset in the Consolidated Statements of Condition at June 30, 2022 and December 31, 2021 (in thousands). Fair Values of Derivative Instruments as of June 30, 2022 Asset Derivatives Liability Derivatives Notional Amount Consolidated Statements of Financial Condition Fair value (2) Notional Amount Consolidated Statements of Financial Condition Fair value (2) Derivatives not designated as a hedging instrument: Interest rate products $ 1,238,636 Other assets $ 80,534 $ 1,238,636 Other liabilities $ 81,145 Credit contracts 47,374 Other assets 47 102,263 Other liabilities 19 Total derivatives not designated as a hedging instrument 80,581 81,164 Derivatives designated as a hedging instrument: Interest rate products 460,000 Other assets 23,319 — Other liabilities — Total gross derivative amounts recognized on the balance sheet 103,900 81,164 Gross amounts offset on the balance sheet — — Net derivative amounts presented on the balance sheet $ 103,900 $ 81,164 Gross amounts not offset on the balance sheet: Financial instruments - institutional counterparties $ 2,203 $ 2,203 Cash collateral - institutional counterparties (1) 99,793 — Net derivatives not offset $ 1,904 $ 78,961 Fair Values of Derivative Instruments as of December 31, 2021 Liability Derivatives Notional Amount Consolidated Statements of Financial Condition Fair value (2) Notional Amount Consolidated Statements of Financial Condition Fair value (2) Derivatives not designated as a hedging instrument: Interest rate products $ 1,188,703 Other assets $ 59,110 $ 1,188,703 Other liabilities $ 60,163 Credit contracts 47,599 Other assets 109 97,213 Other liabilities 46 Total derivatives not designated as a hedging instrument 59,219 60,209 Derivatives designated as a hedging instrument: Interest rate products 250,000 Other assets 7,278 350,000 Other liabilities 2,263 Total gross derivative amounts recognized on the balance sheet 66,497 62,472 Gross amounts offset on the balance sheet — — Net derivative amounts presented on the balance sheet $ 66,497 $ 62,472 Gross amounts not offset on the balance sheet: Financial instruments - institutional counterparties $ 18,618 $ 18,618 Cash collateral - institutional counterparties (1) — 26,566 Net derivatives not offset $ 47,879 $ 17,288 (1) Cash collateral represents the amount that cannot be used to offset our derivative assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance. The application of the cash collateral cannot reduce the net derivative position below zero. Therefore, excess cash collateral, if any, is not reflected above. (2) The fair values related to interest rate products in the above net derivative tables show the total value of assets and liabilities, which include accrued interest receivable and accrued interest payable for the periods ended June 30, 2022 and December 31, 2021. The tables below present the effect of the Company’s derivative financial instruments on the Consolidated Statements of Income during the three and six months ended June 30, 2022 and 2021 (in thousands). Gain (loss) recognized in income on derivatives for the three months ended Consolidated Statements of Income June 30, 2022 June 30, 2021 Derivatives not designated as a hedging instrument: Interest rate products Other income $ 77 (323) Credit contracts Other income (18) 24 Total $ 59 (299) Derivatives designated as a hedging instrument: Interest rate products Interest expense $ (162) 947 Total $ (162) 947 Gain (loss) recognized in income on derivatives for the six months ended Consolidated Statements of Income June 30, 2022 June 30, 2021 Derivatives not designated as a hedging instrument: Interest rate products Other income $ 443 77 Credit contracts Other income (35) 47 Total $ 408 124 Derivatives designated as a hedging instrument: Interest rate products Interest expense $ 504 1,826 Total $ 504 1,826 The Company has agreements with certain of its dealer counterparties which contain a provision that if the Company defaults on any of its indebtedness, including a default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be deemed in default on its derivative obligations. In addition, the Company has agreements with certain of its dealer counterparties which contain a provision that if the Company fails to maintain its status as a well or adequately capitalized institution, then the counterparty could terminate the derivative positions and the Company would be required to settle its obligations under the agreements.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company generates revenue from several business channels. The guidance in ASU 2014-09, Revenue from Contracts with Customers (Topic 606) does not apply to revenue associated with financial instruments, including interest income on loans and investments, which comprise the majority of the Company's revenue. For both the three and six months ended June 30, 2022, the out-of-scope revenue related to financial instruments was 83.5% of the Company's total revenue, compared to 82.6% and 82.5% for the three and six months ended June 30, 2021, respectively. Revenue-generating activities that are within the scope of Topic 606, are components of non-interest income. These revenue streams are generally classified into three categories: wealth management revenue, insurance agency income and banking service charges and other fees. The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three and six months ended June 30, 2022 and 2021 (in thousands): Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 Non-interest income In-scope of Topic 606: Wealth management fees $ 7,024 7,859 14,489 14,993 Insurance agency income 2,850 2,849 6,270 5,576 Banking service charges and other fees: Service charges on deposit accounts 3,068 2,555 6,031 5,054 Debit card and ATM fees 846 2,098 1,616 3,876 Total banking service charges and other fees 3,914 4,653 7,647 8,930 Total in-scope non-interest income 13,788 15,361 28,406 29,499 Total out-of-scope non-interest income 7,144 5,795 12,672 13,294 Total non-interest income $ 20,932 21,156 41,078 42,793 Wealth management fee income represents fees earned from customers as consideration for asset management, investment advisory and trust services. The Company’s performance obligation is generally satisfied monthly and the resulting fees are recognized monthly. The fee is generally based upon the average market value of the assets under management ("AUM") for the month and the applicable fee rate. The monthly accrual of wealth management fees is recorded in other assets on the Company's Consolidated Statements of Financial Condition. Fees are received from the customer on a monthly basis. The Company does not earn performance-based incentives. To a lesser extent, optional services such as tax return preparation and estate settlement are also available to existing customers. The Company’s performance obligation for these transaction-based services are generally satisfied, and related revenue recognized, at either a point in time when the service is completed, or in the case of estate settlement, over a relatively short period of time, as each service component is completed. Insurance agency income, consisting of commissions and fees, is generally recognized as of the effective date of the insurance policy. Commission revenues related to installment billings are recognized on the invoice date. Subsequent commission adjustments are recognized upon the receipt of notification from insurance companies concerning matters necessitating such adjustments. Profit-sharing contingent commissions are recognized when determinable, which is generally when such commissions are received from insurance companies, or when the Company receives formal notification of the amount of such payments. Service charges on deposit accounts include overdraft service fees, account analysis fees and other deposit related fees. These fees are generally transaction-based, or time-based services. The Company's performance obligation for these services are generally satisfied, and revenue recognized, at the time the transaction is completed, or the service rendered. Fees for these services are generally received from the customer either at the time of transaction, or monthly. Debit card and ATM fees are generally transaction-based. Debit card revenue is primarily comprised of interchange fees earned when a customer's Company card is processed through a card payment network. ATM fees are largely generated when a Company cardholder uses a non-Company ATM, or a non-Company cardholder uses a Company ATM. The Company's performance obligation for these services is satisfied when the service is rendered. Payment is generally received at the time of transaction or monthly. Out-of-scope non-interest income primarily consists of Bank-owned life insurance and net fees on loan level interest rate swaps, along with gains and losses on the sale of loans and foreclosed real estate, loan prepayment fees and loan servicing fees. None of these revenue streams are subject to the requirements of Topic 606.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	Leases The following table represents the consolidated statements of financial condition classification of the Company’s right-of use-assets and lease liabilities at June 30, 2022 and December 31, 2021 (in thousands): Classification June 30, 2022 December 31, 2021 Lease Right-of-Use Assets: Operating lease right-of-use assets Other assets $ 64,324 $ 48,808 Lease Liabilities: Operating lease liabilities Other liabilities $ 66,644 $ 50,236 The calculated amount of the right-of-use assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the right-of-use asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception based upon the term of the lease. For operating leases existing prior to January 1, 2019, the rate for the remaining lease term as of January 1, 2019 was applied. All of the leases in which the Company is the lessee are classified as operating leases and are primarily comprised of real estate properties for branches and administrative offices with terms extending through 2040. At June 30, 2022, the weighted-average remaining lease term and the weighted-average discount rate for the Company's operating leases were 9.0 years and 2.43%, respectively. The following tables represent lease costs and other lease information for the Company's operating leases. The variable lease cost primarily represents variable payments such as common area maintenance and utilities (in thousands): Three months ended June 30, 2022 Three months ended June 30, 2021 Lease Costs Operating lease cost $ 2,586 $ 2,330 Variable lease cost 718 717 Total lease cost $ 3,304 $ 3,047 Six months ended June 30, 2022 Six months ended June 30, 2021 Lease Costs Operating lease cost $ 5,393 $ 5,142 Variable lease cost 1,436 1,519 Total lease cost $ 6,829 $ 6,661 Cash paid for amounts included in the measurement of lease liabilities: Six months ended June 30, 2022 Six months ended June 30, 2021 Operating cash flows from operating leases $ 4,060 $ 4,575 During the six months ended June 30, 2022, the Company added one new lease obligation related to the Company's new administrative office location in Iselin, New Jersey. The Company recorded a right-of-use asset and lease liability of $16.0 million for this lease obligation. Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2022, were as follows (in thousands): Operating leases Twelve months ended: Remainder of 2022 $ 4,539 2023 9,254 2024 9,230 2025 8,698 2026 7,506 Thereafter 35,659 Total future minimum lease payments 74,886 Amounts representing interest 8,242 Present value of net future minimum lease payments $ 66,644
Leases	Leases The following table represents the consolidated statements of financial condition classification of the Company’s right-of use-assets and lease liabilities at June 30, 2022 and December 31, 2021 (in thousands): Classification June 30, 2022 December 31, 2021 Lease Right-of-Use Assets: Operating lease right-of-use assets Other assets $ 64,324 $ 48,808 Lease Liabilities: Operating lease liabilities Other liabilities $ 66,644 $ 50,236 The calculated amount of the right-of-use assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the right-of-use asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception based upon the term of the lease. For operating leases existing prior to January 1, 2019, the rate for the remaining lease term as of January 1, 2019 was applied. All of the leases in which the Company is the lessee are classified as operating leases and are primarily comprised of real estate properties for branches and administrative offices with terms extending through 2040. At June 30, 2022, the weighted-average remaining lease term and the weighted-average discount rate for the Company's operating leases were 9.0 years and 2.43%, respectively. The following tables represent lease costs and other lease information for the Company's operating leases. The variable lease cost primarily represents variable payments such as common area maintenance and utilities (in thousands): Three months ended June 30, 2022 Three months ended June 30, 2021 Lease Costs Operating lease cost $ 2,586 $ 2,330 Variable lease cost 718 717 Total lease cost $ 3,304 $ 3,047 Six months ended June 30, 2022 Six months ended June 30, 2021 Lease Costs Operating lease cost $ 5,393 $ 5,142 Variable lease cost 1,436 1,519 Total lease cost $ 6,829 $ 6,661 Cash paid for amounts included in the measurement of lease liabilities: Six months ended June 30, 2022 Six months ended June 30, 2021 Operating cash flows from operating leases $ 4,060 $ 4,575 During the six months ended June 30, 2022, the Company added one new lease obligation related to the Company's new administrative office location in Iselin, New Jersey. The Company recorded a right-of-use asset and lease liability of $16.0 million for this lease obligation. Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2022, were as follows (in thousands): Operating leases Twelve months ended: Remainder of 2022 $ 4,539 2023 9,254 2024 9,230 2025 8,698 2026 7,506 Thereafter 35,659 Total future minimum lease payments 74,886 Amounts representing interest 8,242 Present value of net future minimum lease payments $ 66,644

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation The accompanying unaudited consolidated financial statements include the accounts of Provident Financial Services, Inc. and its wholly owned subsidiary, Provident Bank (the “Bank,” together with Provident Financial Services, Inc., the “Company”). In preparing the interim unaudited 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 consolidated statements of financial condition and the consolidated statements of income for the periods presented. Actual results could differ from these estimates. The allowance for credit losses and the valuation of deferred tax assets are material estimates that are particularly susceptible to near-term change. The interim unaudited 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 three and six months ended June 30, 2022 are not necessarily indicative of the results of operations that may be expected for all of 2022.
Loans Receivable and Allowance for Credit Losses	Loans Receivable and Allowance for Credit LossesThe impact of utilizing the current expected credit loss ("CECL") methodology approach to calculate the allowance for credit losses on loans is significantly influenced by the composition, characteristics and quality of the Company’s loan portfolio, as well as the prevailing economic conditions and forecast utilized. Material changes to these and other relevant factors may result in greater volatility to the allowance for credit losses, and therefore, greater volatility to the Company’s reported earnings. The decrease in the period-over-period provision benefit for both the three and six months ended June 30, 2022 was largely a function of growth in the loan portfolio, the relative change in the economic outlook and the significant favorable impact of the post-pandemic recovery in the prior year period. See Note 3 to the Consolidated Financial Statements for more information on the allowance for credit losses on loans.
Goodwill	GoodwillGoodwill represents the excess of the purchase price over the estimated fair value of identifiable net assets acquired through business combinations. In accordance with GAAP, goodwill with an indefinite useful life is not amortized, but is evaluated for impairment on an annual basis, or more frequently if events or changes in circumstances indicate potential impairment between annual measurement dates. Goodwill is analyzed for impairment once a year. As permitted by GAAP, the Company prepares a qualitative assessment in determining whether goodwill may be impaired. The factors considered in the assessment include macroeconomic conditions, industry and market conditions and overall financial performance of the Company, among others. The Company completed its annual goodwill impairment test as of July 1, 2022, and it is not more likely than not that the fair value of Provident Financial Services, Inc., the reporting unit, is below its carrying amount.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Share Calculations	The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share calculations for the three and six months ended June 30, 2022 and 2021 (dollars in thousands, except per share amounts): Three months ended June 30, 2022 2021 Net Weighted Per Net Weighted Per Net income $ 39,228 $ 44,789 Basic earnings per share: Income available to common stockholders $ 39,228 74,328,632 $ 0.53 $ 44,789 76,643,546 $ 0.58 Dilutive shares 72,156 109,896 Diluted earnings per share: Income available to common stockholders $ 39,228 74,400,788 $ 0.53 $ 44,789 76,753,442 $ 0.58 Six months ended June 30, 2022 2021 Net Weighted Per Net Weighted Per Net income $ 83,191 $ 93,348 Basic earnings per share: Income available to common stockholders $ 83,191 75,068,154 $ 1.11 $ 93,348 76,580,364 $ 1.22 Dilutive shares 84,132 87,107 Diluted earnings per share: Income available to common stockholders $ 83,191 75,152,286 $ 1.11 $ 93,348 76,667,471 $ 1.22

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Securities Available for Sale	The following tables present the amortized cost, gross unrealized gains, gross unrealized losses and the fair value for available for sale debt securities at June 30, 2022 and December 31, 2021 (in thousands): June 30, 2022 Amortized Gross Gross Fair U.S. Treasury obligations $ 275,119 — (21,204) 253,915 Mortgage-backed securities 1,705,190 174 (146,413) 1,558,951 Asset-backed securities 40,926 210 (292) 40,844 State and municipal obligations 68,205 21 (8,921) 59,305 Corporate obligations 36,583 77 (2,555) 34,105 $ 2,126,023 482 (179,385) 1,947,120 December 31, 2021 Amortized Gross Gross Fair U.S. Treasury obligations $ 196,897 298 (866) 196,329 Mortgage-backed securities 1,711,312 14,082 (16,563) 1,708,831 Asset-backed securities 45,115 1,687 (5) 46,797 State and municipal obligations 68,702 1,127 (122) 69,707 Corporate obligations 36,109 425 (347) 36,187 $ 2,058,135 17,619 (17,903) 2,057,851
Investment Securities Classified by Contractual Maturity	The amortized cost and fair value of available for sale debt securities at June 30, 2022, by contractual maturity, are shown below (in thousands). Expected maturities may differ from contractual maturities due to prepayment or early call privileges of the issuer. June 30, 2022 Amortized Fair Due in one year or less $ 999 1,000 Due after one year through five years 151,590 141,460 Due after five years through ten years 162,494 148,873 Due after ten years 64,824 55,992 $ 379,907 347,325 The amortized cost and fair value of investment securities in the held to maturity debt securities portfolio at June 30, 2022 by contractual maturity are shown below (in thousands). Expected maturities may differ from contractual maturities due to prepayment or early call privileges of the issuer. June 30, 2022 Amortized Fair Due in one year or less $ 17,038 17,066 Due after one year through five years 150,164 148,676 Due after five years through ten years 195,404 191,234 Due after ten years 48,162 42,157 $ 410,768 399,133
Available for sale Debt Securities with Temporary Impairment	The following tables present the fair values and gross unrealized losses for available for sale debt securities in an unrealized loss position at June 30, 2022 and December 31, 2021 (in thousands): June 30, 2022 Less than 12 months 12 months or longer Total Fair Gross Fair Gross Fair Gross Agency obligations $ 253,915 (21,204) — — 253,915 (21,204) Mortgage-backed securities 1,394,962 (128,497) 144,609 (17,916) 1,539,571 (146,413) Asset-backed securities 17,638 (292) — — 17,638 (292) State and municipal obligations 55,505 (8,921) — — 55,505 (8,921) Corporate obligations 26,364 (1,518) 5,731 (1,037) 32,095 (2,555) $ 1,748,384 (160,432) 150,340 (18,953) 1,898,724 (179,385) December 31, 2021 Less than 12 months 12 months or longer Total Fair value Gross Fair value Gross Fair Gross U.S. Treasury obligations $ 98,621 (866) — — 98,621 (866) Mortgage-backed securities 1,147,403 (15,176) 33,850 (1,387) 1,181,253 (16,563) Asset-backed securities 1,930 (5) — — 1,930 (5) State and municipal obligations 10,732 (122) — — 10,732 (122) Corporate obligations 18,474 (347) — — 18,474 (347) $ 1,277,160 (16,516) 33,850 (1,387) 1,311,010 (17,903)
Investment Securities Held to Maturity	The following tables present the amortized cost, gross unrealized gains, gross unrealized losses and the estimated fair value for held to maturity debt securities at June 30, 2022 and December 31, 2021 (in thousands): June 30, 2022 Amortized Gross Gross Fair Agency obligations $ 9,996 — (745) 9,251 Mortgage-backed securities 7 — — 7 State and municipal obligations 389,095 951 (11,229) 378,817 Corporate obligations 11,677 — (612) 11,065 $ 410,775 951 (12,586) 399,140 At June 30, 2022, the allowance for credit losses on held to maturity debt securities totaled $30,000. December 31, 2021 Amortized Gross Gross Fair Agency obligations $ 9,996 — (175) 9,821 Mortgage-backed securities 21 — — 21 State and municipal obligations 415,724 14,463 (635) 429,552 Corporate obligations 10,448 19 (152) 10,315 $ 436,189 14,482 (962) 449,709
Schedule of Unrealized Loss on Investments	The following tables present the fair values and gross unrealized losses for held to maturity debt securities in an unrealized loss position at June 30, 2022 and December 31, 2021 (in thousands): June 30, 2022 Unrealized Losses Less than 12 months 12 months or longer Total Fair Gross Fair Gross Fair Gross Agency obligations $ 9,251 (745) — — 9,251 (745) State and municipal obligations 180,810 (9,316) 8,139 (1,913) 188,949 (11,229) Corporate obligations 9,060 (612) — — 9,060 (612) $ 199,121 (10,673) 8,139 (1,913) 207,260 (12,586) December 31, 2021 Unrealized Losses Less than 12 months 12 months or longer Total Fair Gross Fair Gross Fair Gross Agency obligations $ 9,821 (175) — — 9,821 (175) State and municipal obligations 27,350 (471) 5,022 (164) 32,372 (635) Corporate obligations 7,649 (152) — — 7,649 (152) $ 44,820 (798) 5,022 (164) 49,842 (962)
Amortized Cost of held To Maturity Debt Securities by Year of Originations and Credit Rating	The following table provides the amortized cost of held to maturity debt securities by credit rating as of June 30, 2022 (in thousands): June 30, 2022 Total Portfolio AAA AA A BBB Not Rated Total Agency obligations $ 9,996 — — — — 9,996 Mortgage-backed securities 7 — — — — 7 State and municipal obligations 45,729 313,648 27,772 655 1,291 389,095 Corporate obligations 508 2,649 8,520 — — 11,677 $ 56,240 316,297 36,292 655 1,291 410,775 December 31, 2021 Total Portfolio AAA AA A BBB Not Rated Total Agency obligations $ 9,996 — — — — 9,996 Mortgage-backed securities 21 — — — — 21 State and municipal obligations 54,583 314,396 44,392 945 1,408 415,724 Corporate obligations 510 2,634 7,279 — 25 10,448 $ 65,110 317,030 51,671 945 1,433 436,189

Loans Receivable and Allowanc_2

Loans Receivable and Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Schedule of Summarized Loans Receivable	Loans receivable at June 30, 2022 and December 31, 2021 are summarized as follows (in thousands): June 30, 2022 December 31, 2021 Mortgage loans: Residential $ 1,180,967 1,202,638 Commercial 4,136,344 3,827,370 Multi-family 1,445,099 1,364,397 Construction 728,024 683,166 Total mortgage loans 7,490,434 7,077,571 Commercial loans 2,192,009 2,188,866 Consumer loans 322,711 327,442 Total gross loans 10,005,154 9,593,879 Premiums on purchased loans 1,405 1,451 Net deferred fees (14,114) (13,706) Total loans $ 9,992,445 9,581,624
Summary of Aging Loans Receivable by Portfolio Segment and Class	The following tables summarize the aging of loans receivable by portfolio segment and class of loans (in thousands): June 30, 2022 30-59 Days 60-89 Days Non-accrual Recorded Total Past Current Total Loans Non-accrual loans with no related allowance Mortgage loans: Residential $ 853 1,752 3,401 — 6,006 1,174,961 1,180,967 3,401 Commercial 276 — 18,627 — 18,903 4,117,441 4,136,344 18,627 Multi-family — — 2,040 — 2,040 1,443,059 1,445,099 2,040 Construction — — 3,466 — 3,466 724,558 728,024 3,466 Total mortgage loans 1,129 1,752 27,534 — 30,415 7,460,019 7,490,434 27,534 Commercial loans 1,040 41 11,950 — 13,031 2,178,978 2,192,009 10,132 Consumer loans 343 169 964 — 1,476 321,235 322,711 964 Total gross loans $ 2,512 1,962 40,448 — 44,922 9,960,232 10,005,154 38,630 December 31, 2021 30-59 Days 60-89 Days Non-accrual Recorded Total Past Current Total Loans Receivable Non-accrual loans with no related allowance Mortgage loans: Residential $ 7,229 1,131 6,072 — 14,432 1,188,206 1,202,638 6,072 Commercial 720 3,960 16,887 — 21,567 3,805,803 3,827,370 16,887 Multi-family — — 439 — 439 1,363,958 1,364,397 439 Construction — — 2,365 — 2,365 680,801 683,166 2,365 Total mortgage loans 7,949 5,091 25,763 — 38,803 7,038,768 7,077,571 25,763 Commercial loans 7,229 1,289 20,582 — 29,100 2,159,766 2,188,866 14,453 Consumer loans 649 228 1,682 — 2,559 324,883 327,442 1,682 Total gross loans $ 15,827 6,608 48,027 — 70,462 9,523,417 9,593,879 41,898
Summary of Allowance for Loan Losses by Portfolio Segment and Impairment Classification	The activity in the allowance for credit losses by portfolio segment for the three and six months ended June 30, 2022 and 2021 was as follows (in thousands): Three months ended June 30, Mortgage loans Commercial loans Consumer loans Total 2022 Balance at beginning of period $ 50,096 23,799 2,380 76,275 Provision charge (benefit) to operations 5,593 (2,710) 117 3,000 Recoveries of loans previously charged-off 361 443 109 913 Loans charged-off (986) (145) (41) (1,172) Balance at end of period $ 55,064 21,387 2,565 79,016 2021 Balance at beginning of period $ 54,198 26,302 5,091 85,591 Provision charge (benefit) to operations 1,080 (10,814) (966) (10,700) Recoveries of loans previously charged-off 191 5,790 198 6,179 Loans charged-off — (16) (95) (111) Balance at end of period $ 55,469 21,262 4,228 80,959 Six months ended June 30, Mortgage loans Commercial loans Consumer loans Total 2022 Balance at beginning of period $ 52,104 26,343 2,293 80,740 Provision charge (benefit) to operations 3,599 (7,115) 116 (3,400) Recoveries of loans previously charged-off 371 2,304 275 2,950 Loans charged-off (1,010) (145) (119) (1,274) Balance at end of period $ 55,064 21,387 2,565 79,016 2021 Balance at beginning of period $ 68,307 27,084 6,075 101,466 Provision benefit to operations (12,387) (11,281) (2,032) (25,700) Recoveries of loans previously charged-off 467 6,317 501 7,285 Loans charged-off (918) (858) (316) (2,092) Balance at end of period $ 55,469 21,262 4,228 80,959 The allowance for credit losses is summarized by portfolio segment and impairment classification as follows (in thousands): June 30, 2022 Mortgage Commercial loans Consumer loans Total Individually evaluated for impairment $ 803 607 47 1,457 Collectively evaluated for impairment 54,261 20,780 2,518 77,559 Total gross loans $ 55,064 21,387 2,565 79,016 December 31, 2021 Mortgage Commercial loans Consumer Total Individually evaluated for impairment $ 875 3,358 51 4,284 Collectively evaluated for impairment 51,229 22,985 2,242 76,456 Total gross loans $ 52,104 $ 26,343 $ 2,293 $ 80,740
Summary of Loans Receivable by Portfolio Segment and Impairment Method	The following tables summarize loans receivable by portfolio segment and impairment method (in thousands): June 30, 2022 Mortgage Commercial Consumer Total Portfolio Individually evaluated for impairment $ 35,492 8,387 1,173 45,052 Collectively evaluated for impairment 7,454,942 2,183,622 321,538 9,960,102 Total gross loans $ 7,490,434 2,192,009 322,711 10,005,154 December 31, 2021 Mortgage Commercial Consumer Total Portfolio Individually evaluated for impairment $ 34,610 16,420 1,224 52,254 Collectively evaluated for impairment 7,042,961 2,172,446 326,218 9,541,625 Total gross loans $ 7,077,571 2,188,866 327,442 9,593,879
Schedule of Troubled Debt Restructuring	The following tables present the number of loans modified as TDRs during the three and six months ended June 30, 2022 and 2021, along with their balances immediately prior to the modification date and post-modification as of June 30, 2022 and 2021 (in thousands): For the three months ended June 30, 2022 June 30, 2021 Troubled Debt Restructurings Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Mortgage loans: Residential 2 $ 265 $ 206 1 $ 171 $ 170 Multi Family 1 1,618 1,601 — — — Total mortgage loans 3 1,883 1,807 1 171 170 Commercial loans 2 378 274 1 1,580 1,089 Total restructured loans 5 $ 2,261 $ 2,081 2 $ 1,751 $ 1,259 For the six months ended June 30, 2022 June 30, 2021 Troubled Debt Restructurings Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Mortgage loans: Residential 2 $ 265 $ 206 1 $ 171 $ 170 Multi Family 1 1,618 1,601 — — — Total mortgage loans 3 1,883 1,807 1 171 170 Commercial loans 2 378 274 4 2,940 2,363 Total restructured loans 5 $ 2,261 $ 2,081 5 $ 3,111 $ 2,533
Summary of Impaired Loans Receivable by Class	The following table presents loans individually evaluated for impairment by class and loan category (in thousands): June 30, 2022 December 31, 2021 Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Unpaid Principal Balance Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Loans with no related allowance Mortgage loans: Residential $ 10,038 7,747 — 8,196 180 12,326 9,814 — 9,999 423 Commercial 17,004 15,216 — 16,270 — 15,310 14,685 — 15,064 63 Multi-family 1,618 1,601 — 1,613 12 — — — — — Construction 2,757 2,689 — 2,689 — 1,656 1,588 — 1,643 30 Total 31,417 27,253 — 28,768 192 29,292 26,087 — 26,706 516 Commercial loans 7,277 5,278 — 5,464 13 9,845 7,254 — 7,714 33 Consumer loans 1,401 865 — 887 30 1,389 853 — 1,613 115 Total impaired loans $ 40,095 33,396 — 35,119 235 40,526 34,194 — 36,033 664 Loans with an allowance recorded Mortgage loans: Residential $ 7,724 7,386 789 7,449 138 7,994 7,652 858 7,742 278 Commercial 854 853 14 863 23 871 871 17 894 48 Multi-family — — — — — — — — — — Total 8,578 8,239 803 8,312 161 8,865 8,523 875 8,636 326 Commercial loans 3,615 3,109 607 6,331 53 9,498 9,166 3,358 8,304 257 Consumer loans 328 308 47 311 6 391 371 51 379 18 Total impaired loans $ 12,521 11,656 1,457 14,954 220 18,754 18,060 4,284 17,319 601 Total impaired loans Mortgage loans: Residential $ 17,762 15,133 789 15,645 318 20,320 17,466 858 17,741 701 Commercial 17,858 16,069 14 17,133 23 16,181 15,556 17 15,958 111 Multi-family 1,618 1,601 — 1,613 12 — — — — — Construction 2,757 2,689 — 2,689 — 1,656 1,588 — 1,643 30 Total 39,995 35,492 803 37,080 353 38,157 34,610 875 35,342 842 Commercial loans 10,892 8,387 607 11,795 66 19,343 16,420 3,358 16,018 290 Consumer loans 1,729 1,173 47 1,198 36 1,780 1,224 51 1,992 133 Total impaired loans $ 52,616 45,052 1,457 50,073 455 59,280 52,254 4,284 53,352 1,265
Summary of Loans Receivable by Credit Quality Risk Rating Indicator	The following table summarizes the Company's gross loans held for investment by year of origination and internally assigned credit grades as of June 30, 2022 and December 31, 2021 (in thousands): Gross Loans Held by Investment by Year of Origination 2022 2021 2020 2019 2018 Prior to 2018 Revolving Loans Revolving loans to term loans Total Loans Residential (1) Special mention $ — — — — — 1,752 — — 1,752 Substandard — — — — 278 5,701 — — 5,979 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — — — 278 7,453 — — 7,731 Pass/Watch 88,490 219,356 220,585 101,646 60,902 482,257 — — 1,173,236 Total residential $ 88,490 219,356 220,585 101,646 61,180 489,710 — — 1,180,967 Commercial Mortgage Special mention $ — — 833 28,404 48,868 10,391 — 88,496 Substandard — — — 476 7,292 19,474 747 27,989 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 833 28,880 56,160 29,865 747 — 116,485 Pass/Watch 577,958 614,166 602,532 576,505 263,216 1,260,665 94,451 30,366 4,019,859 Total commercial mortgage $ 577,958 614,166 603,365 605,385 319,376 1,290,530 95,198 30,366 4,136,344 Multi-family Special mention $ — — — — — 1,669 — — 1,669 Substandard — — 439 — 591 2,404 — — 3,434 Doubtful — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 439 — 591 4,073 — — 5,103 Pass/Watch 93,428 149,942 287,937 203,526 175,050 527,004 1,952 1,157 1,439,996 Gross Loans Held by Investment by Year of Origination 2022 2021 2020 2019 2018 Prior to 2018 Revolving Loans Revolving loans to term loans Total Loans Total multi-family $ 93,428 149,942 288,376 203,526 175,641 531,077 1,952 1,157 1,445,099 Construction Special mention $ — — — — 19,172 905 — — 20,077 Substandard — — — 2,197 2,365 — — — 4,562 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — — 2,197 21,537 905 — — 24,639 Pass/Watch 65,999 298,597 172,180 117,130 41,280 1,593 — 6,606 703,385 Total construction $ 65,999 298,597 172,180 119,327 62,817 2,498 — 6,606 728,024 Total Mortgage Special mention $ — — 833 28,404 68,040 14,717 — — 111,994 Substandard — — 439 2,673 10,526 27,579 747 — 41,964 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 1,272 31,077 78,566 42,296 747 — 153,958 Pass/Watch 825,875 1,282,061 1,283,234 998,807 540,448 2,271,519 96,403 38,129 7,336,476 Total Mortgage $ 825,875 1,282,061 1,284,506 1,029,884 619,014 2,313,815 97,150 38,129 7,490,434 Commercial Special mention $ — — 11,487 957 2,329 27,183 9,162 1,642 52,760 Substandard — — 652 4,454 5,375 72,985 16,549 1,020 101,035 Doubtful — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 12,139 5,411 7,704 100,168 25,711 2,662 153,795 Pass/Watch 163,411 338,523 181,874 171,523 127,502 537,670 484,159 33,552 2,038,214 Total commercial $ 163,411 338,523 194,013 176,934 135,206 637,838 509,870 36,214 2,192,009 Consumer (1) Special mention $ — — 33 — — 118 — 18 169 Substandard — — — — 137 705 78 920 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 33 — 137 823 78 18 1,089 Pass/Watch 19,873 22,391 2,510 18,069 18,277 99,077 125,733 15,692 321,622 Total consumer $ 19,873 22,391 2,543 18,069 18,414 99,900 125,811 15,710 322,711 Total Loans Special mention $ — — 12,353 29,361 70,369 42,018 9,162 1,660 164,923 Substandard — — 1,091 7,127 16,038 101,269 17,374 1,020 143,919 Gross Loans Held by Investment by Year of Origination 2022 2021 2020 2019 2018 Prior to 2018 Revolving Loans Revolving loans to term loans Total Loans Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — 13,444 36,488 86,407 143,287 26,536 2,680 308,842 Pass/Watch 1,009,159 1,642,975 1,467,618 1,188,399 686,227 2,908,266 706,295 87,373 9,696,312 Total gross loans $ 1,009,159 1,642,975 1,481,062 1,224,887 772,634 3,051,553 732,831 90,053 10,005,154 (1) For residential and consumer loans, the Company assigns internal credit grades based on the delinquency status of each loan. Gross Loans Held by Investment by Year of Origination 2021 2020 2019 2018 2017 Prior to 2017 Revolving Loans Revolving loans to term loans Total Loans Residential (1) Special mention $ — — — — 697 434 — — 1,131 Substandard — — — 280 166 8,569 — — 9,015 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — — 280 863 9,003 — — 10,146 Pass/Watch 229,106 235,949 113,206 67,493 75,906 470,832 — — 1,192,492 Total residential $ 229,106 235,949 113,206 67,773 76,769 479,835 — — 1,202,638 Commercial Mortgage Special mention $ — 2,624 28,706 22,296 9,657 26,668 1,094 — 91,045 Substandard — — 18 34,260 7,352 34,356 799 — 76,785 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — 2,624 28,724 56,556 17,009 61,024 1,893 — 167,830 Pass/Watch 655,105 600,030 589,578 298,665 430,947 952,746 101,618 30,851 3,659,540 Total commercial mortgage $ 655,105 602,654 618,302 355,221 447,956 1,013,770 103,511 30,851 3,827,370 Multi-family Special mention $ — — — — 3,053 271 — — 3,324 Substandard — 439 — — 945 — — 1,384 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — 439 — — 3,053 1,216 — — 4,708 Pass/Watch 154,419 294,716 166,558 173,583 117,654 448,710 2,880 1,169 1,359,689 Total multi-family $ 154,419 295,155 166,558 173,583 120,707 449,926 2,880 1,169 1,364,397 Gross Loans Held by Investment by Year of Origination 2021 2020 2019 2018 2017 Prior to 2017 Revolving Loans Revolving loans to term loans Total Loans Construction Special mention $ — 1,125 — — — — — — 1,125 Substandard — — — 2,365 — — — — 2,365 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — 1,125 — 2,365 — — — — 3,490 Pass/Watch 173,843 176,182 219,331 94,363 9,604 103 6,250 679,676 Total construction $ 173,843 177,307 219,331 96,728 9,604 103 — 6,250 683,166 Total Mortgage Special mention $ — 3,749 28,706 22,296 13,407 27,373 1,094 — 96,625 Substandard — 439 18 36,905 7,518 43,870 799 — 89,549 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — 4,188 28,724 59,201 20,925 71,243 1,893 — 186,174 Pass/Watch 1,212,473 1,306,877 1,088,673 634,104 634,111 1,872,391 104,498 38,270 6,891,397 Total Mortgage $ 1,212,473 1,311,065 1,117,397 693,305 655,036 1,943,634 106,391 38,270 7,077,571 Commercial Special mention $ 1,232 2,662 2,816 3,263 24,418 40,561 8,389 2,155 85,496 Substandard — 736 5,517 5,860 5,747 64,807 13,622 1,821 98,110 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified 1,232 3,398 8,333 9,123 30,165 105,368 22,011 3,976 183,606 Pass/Watch 415,924 222,132 179,193 154,440 149,567 489,051 355,097 39,856 2,005,260 Total commercial $ 417,156 225,530 187,526 163,563 179,732 594,419 377,108 43,832 2,188,866 Consumer (1) Special mention $ — — — — — 109 25 94 228 Substandard — — — 116 2 1,514 6 — 1,638 Doubtful — — — — — — — — — Loss — — — — — — — — — Total criticized and classified — — — 116 2 1,623 31 94 1,866 Pass/Watch 25,140 4,503 24,272 21,046 15,804 99,106 119,347 16,358 325,576 Total consumer $ 25,140 4,503 24,272 21,162 15,806 100,729 119,378 16,452 327,442 Total Loans Special mention $ 1,232 6,411 31,522 25,559 37,825 68,043 9,508 2,249 182,349 Substandard — 1,175 5,535 42,881 13,267 110,191 14,427 1,821 189,297 Doubtful — — — — — — — — — Loss — — — — — — — — — Gross Loans Held by Investment by Year of Origination 2021 2020 2019 2018 2017 Prior to 2017 Revolving Loans Revolving loans to term loans Total Loans Total criticized and classified 1,232 7,586 37,057 68,440 51,092 178,234 23,935 4,070 371,646 Pass/Watch 1,653,537 1,533,512 1,292,138 809,590 799,482 2,460,548 578,942 94,484 9,222,233 Total gross loans $ 1,654,769 1,541,098 1,329,195 878,030 850,574 2,638,782 602,877 98,554 9,593,879 (1) For residential and consumer loans, the Company assigns internal credit grades based on the delinquency status of each loan.

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2022
Banking and Thrift, Other Disclosure [Abstract]
Schedule of Deposits	Deposits at June 30, 2022 and December 31, 2021 are summarized as follows (in thousands): June 30, 2022 December 31, 2021 Savings $ 1,512,356 1,460,541 Money market 2,618,057 2,592,523 NOW 3,258,591 3,722,198 Non-interest bearing 2,818,575 2,766,235 Certificates of deposit 666,645 692,515 Total deposits $ 10,874,224 11,234,012

Borrowed Funds (Tables)

Borrowed Funds (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Borrowed Funds	Borrowed funds at June 30, 2022 and December 31, 2021 are summarized as follows (in thousands): June 30, 2022 December 31, 2021 Securities sold under repurchase agreements $ 107,711 116,760 FHLB overnight borrowings 314,000 — FHLB advances 580,791 510,014 Total borrowed funds $ 1,002,502 626,774
Scheduled Maturities of FHLB Advances	Scheduled maturities of FHLB advances and overnight borrowings at June 30, 2022 are as follows (in thousands): 2022 Due in one year or less $ 430,950 Due after one year through two years 91,728 Due after two years through three years 238,953 Due after three years through four years 133,160 Thereafter — Total FHLB advances and overnight borrowings $ 894,791
Scheduled Maturities of Sold Under Repurchase Agreements	Scheduled maturities of securities sold under repurchase agreements at June 30, 2022 are as follows (in thousands): 2022 Due in one year or less $ 107,711 Thereafter — Total securities sold under repurchase agreements $ 107,711
Debt Disclosure by Year	The following tables set forth certain information as to borrowed funds for the periods ended June 30, 2022 and December 31, 2021 (in thousands): Maximum balance Average balance Weighted average interest rate June 30, 2022 Securities sold under repurchase agreements $ 125,506 116,903 0.32 % FHLB overnight borrowings 314,000 34,999 2.42 FHLB advances 580,791 386,691 0.87 December 31, 2021 Securities sold under repurchase agreements $ 132,005 116,158 0.07 % FHLB overnight borrowings — 205 0.34 FHLB advances 941,939 673,014 1.27

Components of Net Periodic Be_2

Components of Net Periodic Benefit Cost (Tables)	6 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Net Periodic Benefit Cost (Increase)	Net periodic (decrease) increase in benefit cost for pension benefits and other post-retirement benefits for the three and six months ended June 30, 2022 and 2021 includes the following components (in thousands): Three months ended June 30, Six months ended June 30, Pension benefits Other post-retirement benefits Pension benefits Other post-retirement benefits 2022 2021 2022 2021 2022 2021 2022 2021 Service cost $ — — 7 9 $ — — 14 18 Interest cost 214 198 111 106 428 396 222 212 Expected return on plan assets (864) (807) — — (1,728) (1,614) — — Amortization of prior service cost — — — — — — — — Amortization of the net loss (gain) — 118 (326) (268) — 236 (652) (536) Net periodic (decrease) increase in benefit cost $ (650) (491) (208) (153) $ (1,300) (982) (416) (306)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Assets and Liabilities Reported on Consolidated Statements of Financial Condition at Fair Values	The following tables present the assets and liabilities reported on the consolidated statements of financial condition at their fair values as of June 30, 2022 and December 31, 2021, by level within the fair value hierarchy (in thousands): Fair Value Measurements at Reporting Date Using: June 30, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Measured on a recurring basis: Available for sale debt securities: U.S. Treasury obligations $ 253,915 253,915 — — Mortgage-backed securities 1,558,951 — 1,558,951 — Asset-backed securities 40,844 — 40,844 — State and municipal obligations 59,305 — 59,305 — Corporate obligations 34,105 — 34,105 — Total available for sale debt securities 1,947,120 253,915 1,693,205 — Equity securities 1,102 1,102 — — Derivative assets 103,556 — 103,556 — $ 2,051,778 255,017 1,796,761 — Derivative liabilities $ 81,085 — 81,085 — Measured on a non-recurring basis: Loans measured for impairment based on the fair value of the underlying collateral $ 15,203 — — 15,203 Foreclosed assets 9,076 — — 9,076 $ 24,279 — — 24,279 Fair Value Measurements at Reporting Date Using: December 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Measured on a recurring basis: Available for sale debt securities: U.S. Treasury obligations $ 196,329 196,329 — — Mortgage-backed securities 1,708,831 — 1,708,831 — Asset-backed securities 46,797 — 46,797 — State and municipal obligations 69,707 — 69,707 — Corporate obligations 36,187 — 36,187 — Total available for sale debt securities 2,057,851 196,329 1,861,522 — Equity Securities 1,325 1,325 — — Derivative assets 65,903 — 65,903 — $ 2,125,079 197,654 1,927,425 — Derivative liabilities $ 61,412 — 61,412 — Measured on a non-recurring basis: Loans measured for impairment based on the fair value of the underlying collateral $ 18,237 — — 18,237 Foreclosed assets 8,731 — — 8,731 $ 26,968 — — 26,968
Schedule of Financial Instruments at Carrying and Fair Values	The following tables present the Company’s financial instruments at their carrying and fair values as of June 30, 2022 and December 31, 2021. Fair values are presented by level within the fair value hierarchy. Fair Value Measurements at June 30, 2022 Using: (Dollars in thousands) Carrying value Fair value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Cash and cash equivalents $ 277,532 277,532 277,532 — — Available for sale debt securities: U.S. Treasury obligations 253,915 253,915 253,915 — — Agency obligations — — — — — Mortgage-backed securities 1,558,951 1,558,951 — 1,558,951 — Asset-backed securities 40,844 40,844 40,844 State and municipal obligations 59,305 59,305 — 59,305 — Corporate obligations 34,105 34,105 — 34,105 — Total available for sale debt securities $ 1,947,120 1,947,120 253,915 1,693,205 — Held to maturity debt securities, net of allowance for credit losses: Agency obligations 9,996 9,251 9,251 — — Mortgage-backed securities 7 7 — 7 — State and municipal obligations 389,075 378,817 — 378,817 — Corporate obligations 11,667 11,065 — 11,065 — Total held to maturity debt securities, net of allowance for credit losses $ 410,745 399,140 9,251 389,889 — FHLBNY stock 54,836 54,836 54,836 — — Equity Securities 1,102 1,102 1,102 — — Loans, net of allowance for credit losses 9,913,429 9,739,780 — — 9,739,780 Derivative assets 103,556 103,556 — 103,556 — Financial liabilities: Deposits other than certificates of deposits $ 10,207,579 10,207,579 10,207,579 — — Certificates of deposit 666,645 664,725 — 664,725 — Total deposits $ 10,874,224 10,872,304 10,207,579 664,725 — Borrowings 1,002,502 985,267 — 985,267 — Subordinated debentures 10,389 9,438 — 9,438 — Derivative liabilities 81,085 81,085 — 81,085 — Fair Value Measurements at December 31, 2021 Using: (Dollars in thousands) Carrying value Fair value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial assets: Cash and cash equivalents $ 712,463 712,463 712,463 — — Available for sale debt securities: U.S. Treasury obligations 196,329 196,329 196,329 — — Agency obligations — — — — — Mortgage-backed securities 1,708,831 1,708,831 — 1,708,831 — Asset-backed securities 46,797 46,797 46,797 State and municipal obligations 69,707 69,707 — 69,707 — Corporate obligations 36,187 36,187 — 36,187 — Total available for sale debt securities $ 2,057,851 2,057,851 196,329 1,861,522 — Held to maturity debt securities: Agency obligations $ 9,996 9,821 9,821 — — Mortgage-backed securities 21 21 — 21 — State and municipal obligations 415,699 429,552 — 429,552 — Corporate obligations 10,434 10,315 — 10,315 — Total held to maturity debt securities $ 436,150 449,709 9,821 439,888 — FHLBNY stock 34,290 34,290 34,290 — — Equity Securities 1,325 1,325 1,325 — — Loans, net of allowance for credit losses 9,500,884 9,607,225 — — 9,607,225 Derivative assets 65,903 65,903 — 65,903 — Financial liabilities: Deposits other than certificates of deposits $ 10,541,497 10,541,497 10,541,497 — — Certificates of deposit 692,515 694,041 — 694,041 — Total deposits $ 11,234,012 11,235,538 10,541,497 694,041 — Borrowings 626,774 625,636 — 625,636 — Subordinated debentures 10,283 9,750 — 9,750 — Derivative liabilities 61,412 61,412 — 61,412 —

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Components of Other Comprehensive Income (Loss)	The following table presents the components of other comprehensive income, both gross and net of tax, for the three and six months ended June 30, 2022 and 2021 (in thousands): Three months ended June 30, 2022 2021 Before Tax After Before Tax After Components of Other Comprehensive Income: Unrealized gains and losses on available for sale debt securities: Net unrealized (losses) gains arising during the period $ (62,477) 16,744 (45,733) 3,288 (848) 2,440 Reclassification adjustment for gains included in net income (58) 16 (42) — — — Total (62,535) 16,760 (45,775) 3,288 (848) 2,440 Unrealized gains (losses) on derivatives (cash flow hedges) 2,948 (790) 2,158 (1,649) 425 (1,224) Amortization related to post-retirement obligations (322) 86 (236) (150) 39 (111) Total other comprehensive (loss) income $ (59,909) 16,056 (43,853) 1,489 (384) 1,105 Six months ended June 30, 2022 2021 Before Tax After Before Tax After Components of Other Comprehensive Income: Unrealized gains and losses on available for sale debt securities: Net unrealized (losses) arising during the period $ (178,558) 47,854 (130,704) (8,865) 2,286 (6,579) Reclassification adjustment for gains included in net income (58) 16 (42) (230) 59 (171) Total (178,616) 47,870 (130,746) (9,095) 2,345 (6,750) Unrealized gains (losses) on derivatives (cash flow hedges) 17,207 (4,611) 12,596 4,577 (1,180) 3,397 Amortization related to post-retirement obligations (700) 188 (512) (300) 80 (220) Total other comprehensive (loss) $ (162,109) 43,447 (118,662) (4,818) 1,245 (3,573)
Components of Accumulated Other Comprehensive Income, Net of Tax	The following tables present the changes in the components of accumulated other comprehensive income, net of tax, for the three and six months ended June 30, 2022 and 2021 (in thousands): Changes in Accumulated Other Comprehensive (Loss) Income by Component, net of tax 2022 2021 Unrealized Post- Retirement Unrealized Gains on Derivatives (cash flow hedges) Accumulated Unrealized Gains on Post- Retirement Unrealized Losses on Derivatives (cash flow hedges) Accumulated Balance at $ (85,182) 2,705 14,531 (67,946) 14,500 (1,190) (333) 12,977 Current - period other comprehensive (loss) income (45,775) (236) 2,158 (43,853) 2,440 (111) (1,224) 1,105 Balance at June 30, $ (130,957) 2,469 16,689 (111,799) 16,940 (1,301) (1,557) 14,082 Changes in Accumulated Other Comprehensive Income (Loss) by Component, net of tax 2022 2021 Unrealized Post- Retirement Unrealized Gains on Derivatives (cash flow hedges) Accumulated Unrealized Gains (Losses) on Post- Retirement Unrealized Gains (Losses) on Derivatives (cash flow hedges) Accumulated Balance at December 31, $ (211) 2,981 4,093 6,863 23,690 (1,081) (4,954) 17,655 Current - period other comprehensive (loss) (130,746) (512) 12,596 (118,662) (6,750) (220) 3,397 (3,573) Balance at June 30, $ (130,957) 2,469 16,689 (111,799) 16,940 (1,301) (1,557) 14,082
Summary of Reclassifications Out of Accumulated Other Comprehensive Income	The following tables summarize the reclassifications from accumulated other comprehensive income (loss) to the consolidated statements of income for the three and six months ended June 30, 2022 and 2021 (in thousands): Reclassifications From Accumulated Other Comprehensive Amount reclassified from AOCI for the three months ended June 30, Affected line item in the Consolidated 2022 2021 Details of AOCI: Available for sale debt securities: Realized net gains on the sale of securities available for sale $ (58) — Net gain on securities transactions 16 — Income tax expense (42) — Net of tax Cash flow hedges: Unrealized (gains) losses on derivatives (162) 947 Interest expense 42 (244) Income tax expense (120) 703 Post-retirement obligations: Amortization of actuarial gains $ (326) (150) Compensation and employee benefits (1) 84 39 Income tax expense Total reclassification $ (242) (111) Net of tax Total reclassifications $ (404) (111) Net of tax Reclassifications From Accumulated Other Comprehensive Amount reclassified from AOCI for the six months ended June 30, Affected line item in the Consolidated 2022 2021 Details of AOCI: Available for sale debt securities: Realized net gains on the sale of securities available for sale $ (58) (230) Net gain on securities transactions 16 59 Income tax expense (42) (171) Net of tax Cash flow hedges: Unrealized losses on derivatives 504 1,826 Interest expense (136) (471) Income tax expense 368 1,355 Post-retirement obligations: Amortization of actuarial gains $ (652) (300) Compensation and employee benefits (1) 171 80 Income tax expense Total reclassification $ (481) (220) Net of tax Total reclassifications $ (155) (391) Net of tax (1) This item is included in the computation of net periodic benefit cost. See Note 6. Components of Net Periodic Benefit Cost.

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Offsetting Assets	Fair Values of Derivative Instruments as of June 30, 2022 Asset Derivatives Liability Derivatives Notional Amount Consolidated Statements of Financial Condition Fair value (2) Notional Amount Consolidated Statements of Financial Condition Fair value (2) Derivatives not designated as a hedging instrument: Interest rate products $ 1,238,636 Other assets $ 80,534 $ 1,238,636 Other liabilities $ 81,145 Credit contracts 47,374 Other assets 47 102,263 Other liabilities 19 Total derivatives not designated as a hedging instrument 80,581 81,164 Derivatives designated as a hedging instrument: Interest rate products 460,000 Other assets 23,319 — Other liabilities — Total gross derivative amounts recognized on the balance sheet 103,900 81,164 Gross amounts offset on the balance sheet — — Net derivative amounts presented on the balance sheet $ 103,900 $ 81,164 Gross amounts not offset on the balance sheet: Financial instruments - institutional counterparties $ 2,203 $ 2,203 Cash collateral - institutional counterparties (1) 99,793 — Net derivatives not offset $ 1,904 $ 78,961 Fair Values of Derivative Instruments as of December 31, 2021 Liability Derivatives Notional Amount Consolidated Statements of Financial Condition Fair value (2) Notional Amount Consolidated Statements of Financial Condition Fair value (2) Derivatives not designated as a hedging instrument: Interest rate products $ 1,188,703 Other assets $ 59,110 $ 1,188,703 Other liabilities $ 60,163 Credit contracts 47,599 Other assets 109 97,213 Other liabilities 46 Total derivatives not designated as a hedging instrument 59,219 60,209 Derivatives designated as a hedging instrument: Interest rate products 250,000 Other assets 7,278 350,000 Other liabilities 2,263 Total gross derivative amounts recognized on the balance sheet 66,497 62,472 Gross amounts offset on the balance sheet — — Net derivative amounts presented on the balance sheet $ 66,497 $ 62,472 Gross amounts not offset on the balance sheet: Financial instruments - institutional counterparties $ 18,618 $ 18,618 Cash collateral - institutional counterparties (1) — 26,566 Net derivatives not offset $ 47,879 $ 17,288 (1) Cash collateral represents the amount that cannot be used to offset our derivative assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance. The application of the cash collateral cannot reduce the net derivative position below zero. Therefore, excess cash collateral, if any, is not reflected above. (2) The fair values related to interest rate products in the above net derivative tables show the total value of assets and liabilities, which include accrued interest receivable and accrued interest payable for the periods ended June 30, 2022 and December 31, 2021.
Offsetting Liabilities	Fair Values of Derivative Instruments as of June 30, 2022 Asset Derivatives Liability Derivatives Notional Amount Consolidated Statements of Financial Condition Fair value (2) Notional Amount Consolidated Statements of Financial Condition Fair value (2) Derivatives not designated as a hedging instrument: Interest rate products $ 1,238,636 Other assets $ 80,534 $ 1,238,636 Other liabilities $ 81,145 Credit contracts 47,374 Other assets 47 102,263 Other liabilities 19 Total derivatives not designated as a hedging instrument 80,581 81,164 Derivatives designated as a hedging instrument: Interest rate products 460,000 Other assets 23,319 — Other liabilities — Total gross derivative amounts recognized on the balance sheet 103,900 81,164 Gross amounts offset on the balance sheet — — Net derivative amounts presented on the balance sheet $ 103,900 $ 81,164 Gross amounts not offset on the balance sheet: Financial instruments - institutional counterparties $ 2,203 $ 2,203 Cash collateral - institutional counterparties (1) 99,793 — Net derivatives not offset $ 1,904 $ 78,961 Fair Values of Derivative Instruments as of December 31, 2021 Liability Derivatives Notional Amount Consolidated Statements of Financial Condition Fair value (2) Notional Amount Consolidated Statements of Financial Condition Fair value (2) Derivatives not designated as a hedging instrument: Interest rate products $ 1,188,703 Other assets $ 59,110 $ 1,188,703 Other liabilities $ 60,163 Credit contracts 47,599 Other assets 109 97,213 Other liabilities 46 Total derivatives not designated as a hedging instrument 59,219 60,209 Derivatives designated as a hedging instrument: Interest rate products 250,000 Other assets 7,278 350,000 Other liabilities 2,263 Total gross derivative amounts recognized on the balance sheet 66,497 62,472 Gross amounts offset on the balance sheet — — Net derivative amounts presented on the balance sheet $ 66,497 $ 62,472 Gross amounts not offset on the balance sheet: Financial instruments - institutional counterparties $ 18,618 $ 18,618 Cash collateral - institutional counterparties (1) — 26,566 Net derivatives not offset $ 47,879 $ 17,288 (1) Cash collateral represents the amount that cannot be used to offset our derivative assets and liabilities from a gross basis to a net basis in accordance with the applicable accounting guidance. The application of the cash collateral cannot reduce the net derivative position below zero. Therefore, excess cash collateral, if any, is not reflected above. (2) The fair values related to interest rate products in the above net derivative tables show the total value of assets and liabilities, which include accrued interest receivable and accrued interest payable for the periods ended June 30, 2022 and December 31, 2021.
Effect of the derivative financial instruments on the Income Statement	The tables below present the effect of the Company’s derivative financial instruments on the Consolidated Statements of Income during the three and six months ended June 30, 2022 and 2021 (in thousands). Gain (loss) recognized in income on derivatives for the three months ended Consolidated Statements of Income June 30, 2022 June 30, 2021 Derivatives not designated as a hedging instrument: Interest rate products Other income $ 77 (323) Credit contracts Other income (18) 24 Total $ 59 (299) Derivatives designated as a hedging instrument: Interest rate products Interest expense $ (162) 947 Total $ (162) 947 Gain (loss) recognized in income on derivatives for the six months ended Consolidated Statements of Income June 30, 2022 June 30, 2021 Derivatives not designated as a hedging instrument: Interest rate products Other income $ 443 77 Credit contracts Other income (35) 47 Total $ 408 124 Derivatives designated as a hedging instrument: Interest rate products Interest expense $ 504 1,826 Total $ 504 1,826

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Summary of Non-interest Income	The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three and six months ended June 30, 2022 and 2021 (in thousands): Three months ended June 30, Six months ended June 30, 2022 2021 2022 2021 Non-interest income In-scope of Topic 606: Wealth management fees $ 7,024 7,859 14,489 14,993 Insurance agency income 2,850 2,849 6,270 5,576 Banking service charges and other fees: Service charges on deposit accounts 3,068 2,555 6,031 5,054 Debit card and ATM fees 846 2,098 1,616 3,876 Total banking service charges and other fees 3,914 4,653 7,647 8,930 Total in-scope non-interest income 13,788 15,361 28,406 29,499 Total out-of-scope non-interest income 7,144 5,795 12,672 13,294 Total non-interest income $ 20,932 21,156 41,078 42,793

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Supplemental Balance Sheet Information	The following table represents the consolidated statements of financial condition classification of the Company’s right-of use-assets and lease liabilities at June 30, 2022 and December 31, 2021 (in thousands): Classification June 30, 2022 December 31, 2021 Lease Right-of-Use Assets: Operating lease right-of-use assets Other assets $ 64,324 $ 48,808 Lease Liabilities: Operating lease liabilities Other liabilities $ 66,644 $ 50,236
Schedule of Supplemental Cash Flow and Other information Related to Leases	The following tables represent lease costs and other lease information for the Company's operating leases. The variable lease cost primarily represents variable payments such as common area maintenance and utilities (in thousands): Three months ended June 30, 2022 Three months ended June 30, 2021 Lease Costs Operating lease cost $ 2,586 $ 2,330 Variable lease cost 718 717 Total lease cost $ 3,304 $ 3,047 Six months ended June 30, 2022 Six months ended June 30, 2021 Lease Costs Operating lease cost $ 5,393 $ 5,142 Variable lease cost 1,436 1,519 Total lease cost $ 6,829 $ 6,661 Cash paid for amounts included in the measurement of lease liabilities: Six months ended June 30, 2022 Six months ended June 30, 2021 Operating cash flows from operating leases $ 4,060 $ 4,575
Schedule of Future Minimum Payments	Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2022, were as follows (in thousands): Operating leases Twelve months ended: Remainder of 2022 $ 4,539 2023 9,254 2024 9,230 2025 8,698 2026 7,506 Thereafter 35,659 Total future minimum lease payments 74,886 Amounts representing interest 8,242 Present value of net future minimum lease payments $ 66,644

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Earnings Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accounting Policies [Abstract]
Net income	$ 39,228	$ 44,789	$ 83,191	$ 93,348
Basic earnings per share:
Income available to common stockholders, basic	$ 39,228	$ 44,789	$ 83,191	$ 93,348
Weighted average common shares outstanding, basic (in shares)	74,328,632	76,643,546	75,068,154	76,580,364
Income available to common stockholders, per share amount, basic (usd per share)	$ 0.53	$ 0.58	$ 1.11	$ 1.22
Dilutive shares (in shares)	72,156	109,896	84,132	87,107
Diluted earnings per share:
Income available to common stockholders, diluted	$ 39,228	$ 44,789	$ 83,191	$ 93,348
Weighted average common shares outstanding, diluted (in shares)	74,400,788	76,753,442	75,152,286	76,667,471
Income available to common stockholders, per share amount, diluted (usd per share)	$ 0.53	$ 0.58	$ 1.11	$ 1.22

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Narrative) (Details) - shares	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Accounting Policies [Abstract]
Anti-dilutive stock options and awards excluded from computation of earnings per share (in shares)	1,000,000	1,000,000

Investment Securities (Narrativ

Investment Securities (Narrative) (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) security position	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) security position	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) security position
Schedule of Held-to-maturity Securities [Line Items]
Available for sale debt securities, at fair value	$ 1,947,120,000		$ 1,947,120,000		$ 2,057,851,000
Held to maturity debt securities	$ 410,745,000		$ 410,745,000		$ 436,150,000
Total number of all held to maturity and available for sale securities in an unrealized loss position | security	751		751		166
Investments which pay principal on periodic basis, amortized cost	$ 1,750,000,000		$ 1,750,000,000
Investments which pay principal on periodic basis, fair value	1,600,000,000		1,600,000,000
Proceeds from sales of available for sale debt securities	5,400,000		5,400,000	$ 9,400,000
Gain recognized on sale of securities	58,000		58,000	230,000
Loss recognized on sale of securities	$ 0		$ 0	0
Securities available for sale, number of securities in an unrealized loss position | position	408		408		113
Debt Securities, available-for-sale, amortized cost	$ 2,126,023,000		$ 2,126,023,000		$ 2,058,135,000
Unrealized loss	179,385,000		179,385,000		$ 17,903,000
Proceeds from sale of held-to-maturity securities	0	$ 0	0	0
Held to maturity securities, proceeds from calls	10,300,000	6,100,000	26,200,000	12,900,000
Held to maturity securities, recognized gain on calls	83,000	33,500	99,000	1,000
Held to maturity securities, recognized loss on calls	$ 0	$ 0	$ 0	$ 0
Number of securities in an unrealized loss position | security	343		343		53
Held-to-maturity, debt securities, allowance	$ 30,000		$ 30,000		$ 39,000
AAA
Schedule of Held-to-maturity Securities [Line Items]
Amount of total portfolio			14%
AA
Schedule of Held-to-maturity Securities [Line Items]
Amount of total portfolio			77%
A
Schedule of Held-to-maturity Securities [Line Items]
Amount of total portfolio			9%
A rated or not rated
Schedule of Held-to-maturity Securities [Line Items]
Amount of total portfolio			1%
Private Label Mortgage-Backed Securities
Schedule of Held-to-maturity Securities [Line Items]
Securities available for sale, number of securities in an unrealized loss position | position	2		2
Debt Securities, available-for-sale, amortized cost	$ 1,200,000		$ 1,200,000
Unrealized loss	21,000,000		21,000,000
Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Available for sale debt securities, at fair value	1,558,951,000		1,558,951,000		1,708,831,000
Debt Securities, available-for-sale, amortized cost	1,705,190,000		1,705,190,000		1,711,312,000
Unrealized loss	146,413,000		146,413,000		16,563,000
Mortgage-based securities, amortized cost	7,000		7,000
Mortgage-based securities, fair value	7,000		7,000
Held-to-maturity, debt securities, allowance	$ 30,000		$ 30,000		$ 39,000

Investment Securities (Securiti

Investment Securities (Securities Available for Sale) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 2,126,023	$ 2,058,135
Gross unrealized gains	482	17,619
Gross unrealized losses	(179,385)	(17,903)
Available for sale debt securities, at fair value	1,947,120	2,057,851
U.S. Treasury obligations
Debt Securities, Available-for-sale [Line Items]
Amortized cost	275,119	196,897
Gross unrealized gains	0	298
Gross unrealized losses	(21,204)	(866)
Available for sale debt securities, at fair value	253,915	196,329
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	1,705,190	1,711,312
Gross unrealized gains	174	14,082
Gross unrealized losses	(146,413)	(16,563)
Available for sale debt securities, at fair value	1,558,951	1,708,831
Asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	40,926	45,115
Gross unrealized gains	210	1,687
Gross unrealized losses	(292)	(5)
Available for sale debt securities, at fair value	40,844	46,797
State and municipal obligations
Debt Securities, Available-for-sale [Line Items]
Amortized cost	68,205	68,702
Gross unrealized gains	21	1,127
Gross unrealized losses	(8,921)	(122)
Available for sale debt securities, at fair value	59,305	69,707
Corporate obligations
Debt Securities, Available-for-sale [Line Items]
Amortized cost	36,583	36,109
Gross unrealized gains	77	425
Gross unrealized losses	(2,555)	(347)
Available for sale debt securities, at fair value	$ 34,105	$ 36,187

Investment Securities (Availabl

Investment Securities (Available for Sale by Contractual Maturity) (Detail) $ in Thousands	Jun. 30, 2022 USD ($)
Investments, Debt and Equity Securities [Abstract]
Due in one year or less, amortized cost	$ 999
Due after one year through five years, amortized cost	151,590
Due after five years through ten years, amortized cost	162,494
Due after ten years, amortized cost	64,824
Amortized cost	379,907
Due in one year or less, fair value	1,000
Due after one year through five years, fair value	141,460
Due after five years through ten years, fair value	148,873
Due after ten years, fair value	55,992
Fair value	$ 347,325

Investment Securities (Disclosu

Investment Securities (Disclosure Regarding Length of Time on Securities Available for Sale with Temporary Impairment) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	$ 1,748,384	$ 1,277,160
Less than 12 months, gross unrealized losses	(160,432)	(16,516)
12 months or longer, fair value	150,340	33,850
12 months or longer, gross unrealized losses	(18,953)	(1,387)
Total, fair value	1,898,724	1,311,010
Total, gross unrealized losses	(179,385)	(17,903)
U.S. Treasury obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value		98,621
Less than 12 months, gross unrealized losses		(866)
12 months or longer, fair value		0
12 months or longer, gross unrealized losses		0
Total, fair value		98,621
Total, gross unrealized losses		(866)
Agency obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	253,915
Less than 12 months, gross unrealized losses	(21,204)
12 months or longer, fair value	0
12 months or longer, gross unrealized losses	0
Total, fair value	253,915
Total, gross unrealized losses	(21,204)
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	1,394,962	1,147,403
Less than 12 months, gross unrealized losses	(128,497)	(15,176)
12 months or longer, fair value	144,609	33,850
12 months or longer, gross unrealized losses	(17,916)	(1,387)
Total, fair value	1,539,571	1,181,253
Total, gross unrealized losses	(146,413)	(16,563)
Asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	17,638	1,930
Less than 12 months, gross unrealized losses	(292)	(5)
12 months or longer, fair value	0	0
12 months or longer, gross unrealized losses	0	0
Total, fair value	17,638	1,930
Total, gross unrealized losses	(292)	(5)
State and municipal obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	55,505	10,732
Less than 12 months, gross unrealized losses	(8,921)	(122)
12 months or longer, fair value	0	0
12 months or longer, gross unrealized losses	0	0
Total, fair value	55,505	10,732
Total, gross unrealized losses	(8,921)	(122)
Corporate obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	26,364	18,474
Less than 12 months, gross unrealized losses	(1,518)	(347)
12 months or longer, fair value	5,731	0
12 months or longer, gross unrealized losses	(1,037)	0
Total, fair value	32,095	18,474
Total, gross unrealized losses	$ (2,555)	$ (347)

Investment Securities (Held to

Investment Securities (Held to Maturity) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	$ 410,775	$ 436,189
Gross unrealized gains	951	14,482
Gross unrealized losses	(12,586)	(962)
Held-to-maturity, debt securities	399,140	449,709
Agency obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	9,996	9,996
Gross unrealized gains	0	0
Gross unrealized losses	(745)	(175)
Held-to-maturity, debt securities	9,251	9,821
Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	7	21
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Held-to-maturity, debt securities	7	21
State and municipal obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	389,095	415,724
Gross unrealized gains	951	14,463
Gross unrealized losses	(11,229)	(635)
Held-to-maturity, debt securities	378,817	429,552
Corporate obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	11,677	10,448
Gross unrealized gains	0	19
Gross unrealized losses	(612)	(152)
Held-to-maturity, debt securities	$ 11,065	$ 10,315

Investment Securities (Securi_2

Investment Securities (Securities Held to Maturity by Contractual Maturity) (Detail) $ in Thousands	Jun. 30, 2022 USD ($)
Investments, Debt and Equity Securities [Abstract]
Due in one year or less, amortized cost	$ 17,038
Due after one year through five years, amortized cost	150,164
Due after five years through ten years, amortized cost	195,404
Due after ten years, amortized cost	48,162
Amortized cost	410,768
Due in one year or less, fair value	17,066
Due after one year through five years, fair value	148,676
Due after five years through ten years, fair value	191,234
Due after ten years, fair value	42,157
Fair value	$ 399,133

Investment Securities (Disclo_2

Investment Securities (Disclosure Regarding Length of Time on Investment Securities with Temporary Impairment) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Schedule of Held-to-maturity Securities [Line Items]
Less than 12 months, fair value	$ 199,121	$ 44,820
Less than 12 months, gross unrealized losses	(10,673)	(798)
12 months or longer, fair value	8,139	5,022
12 months or longer, gross unrealized losses	(1,913)	(164)
Total, fair value	207,260	49,842
Total, gross unrealized losses	(12,586)	(962)
Agency obligations
Schedule of Held-to-maturity Securities [Line Items]
Less than 12 months, fair value	9,251	9,821
Less than 12 months, gross unrealized losses	(745)	(175)
12 months or longer, fair value	0	0
12 months or longer, gross unrealized losses	0	0
Total, fair value	9,251	9,821
Total, gross unrealized losses	(745)	(175)
State and municipal obligations
Schedule of Held-to-maturity Securities [Line Items]
Less than 12 months, fair value	180,810	27,350
Less than 12 months, gross unrealized losses	(9,316)	(471)
12 months or longer, fair value	8,139	5,022
12 months or longer, gross unrealized losses	(1,913)	(164)
Total, fair value	188,949	32,372
Total, gross unrealized losses	(11,229)	(635)
Corporate obligations
Schedule of Held-to-maturity Securities [Line Items]
Less than 12 months, fair value	9,060	7,649
Less than 12 months, gross unrealized losses	(612)	(152)
12 months or longer, fair value	0	0
12 months or longer, gross unrealized losses	0	0
Total, fair value	9,060	7,649
Total, gross unrealized losses	$ (612)	$ (152)

Investment Securities (Amortize

Investment Securities (Amortized Cost of held to Maturity Debt Securities by Year of Originations and Credit Rating) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	$ 410,775	$ 436,189
Agency obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	9,996	9,996
Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	7	21
State and municipal obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	389,095	415,724
Corporate obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	11,677	10,448
AAA
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	56,240	65,110
AAA | Agency obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	9,996	9,996
AAA | Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	7	21
AAA | State and municipal obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	45,729	54,583
AAA | Corporate obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	508	510
AA
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	316,297	317,030
AA | Agency obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
AA | Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
AA | State and municipal obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	313,648	314,396
AA | Corporate obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	2,649	2,634
A
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	36,292	51,671
A | Agency obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
A | Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
A | State and municipal obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	27,772	44,392
A | Corporate obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	8,520	7,279
BBB
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	655	945
BBB | Agency obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
BBB | Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
BBB | State and municipal obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	655	945
BBB | Corporate obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
Not Rated
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	1,291	1,433
Not Rated | Agency obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
Not Rated | Mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	0	0
Not Rated | State and municipal obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	1,291	1,408
Not Rated | Corporate obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized cost	$ 0	$ 25

Loans Receivable and Allowanc_3

Loans Receivable and Allowance for Credit Losses (Schedule of Summarized Loans Receivable) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	$ 10,005,154	$ 9,593,879
Premiums on purchased loans	1,405	1,451
Net deferred fees	(14,114)	(13,706)
Total gross loans	9,992,445	9,581,624
Residential
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	1,180,967	1,202,638
Commercial
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	4,136,344	3,827,370
Multi-Family
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	1,445,099	1,364,397
Construction
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	728,024	683,166
Mortgage Portfolio Segment
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	7,490,434	7,077,571
Mortgage Portfolio Segment | Residential
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	1,180,967	1,202,638
Mortgage Portfolio Segment | Commercial
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	4,136,344	3,827,370
Mortgage Portfolio Segment | Multi-Family
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	1,445,099	1,364,397
Mortgage Portfolio Segment | Construction
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	728,024	683,166
Commercial Loans
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	2,192,009	2,188,866
Consumer Loans
Servicing Liability at Amortized Cost [Line Items]
Total gross loans	$ 322,711	$ 327,442

Loans Receivable and Allowanc_4

Loans Receivable and Allowance for Credit Losses (Summary of Aging Loans Receivable by Portfolio Segment and Class) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	$ 10,005,154	$ 9,593,879
Non-accrual	40,448	48,027
Recorded Investment greater than 90 days accruing	0	0
Total Past Due	44,922	70,462
Non-accrual loans with no related allowance	38,630	41,898
Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,180,967	1,202,638
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	4,136,344	3,827,370
Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,445,099	1,364,397
Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	728,024	683,166
30 to 59 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	2,512	15,827
60 to 89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,962	6,608
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	9,960,232	9,523,417
Mortgage Portfolio Segment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	7,490,434	7,077,571
Non-accrual	27,534	25,763
Recorded Investment greater than 90 days accruing	0	0
Total Past Due	30,415	38,803
Non-accrual loans with no related allowance	27,534	25,763
Mortgage Portfolio Segment | Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,180,967	1,202,638
Non-accrual	3,401	6,072
Recorded Investment greater than 90 days accruing	0	0
Total Past Due	6,006	14,432
Non-accrual loans with no related allowance	3,401	6,072
Mortgage Portfolio Segment | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	4,136,344	3,827,370
Non-accrual	18,627	16,887
Recorded Investment greater than 90 days accruing	0	0
Total Past Due	18,903	21,567
Non-accrual loans with no related allowance	18,627	16,887
Mortgage Portfolio Segment | Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,445,099	1,364,397
Non-accrual	2,040	439
Recorded Investment greater than 90 days accruing	0	0
Total Past Due	2,040	439
Non-accrual loans with no related allowance	2,040	439
Mortgage Portfolio Segment | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	728,024	683,166
Non-accrual	3,466	2,365
Recorded Investment greater than 90 days accruing	0	0
Total Past Due	3,466	2,365
Non-accrual loans with no related allowance	3,466	2,365
Mortgage Portfolio Segment | 30 to 59 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,129	7,949
Mortgage Portfolio Segment | 30 to 59 Days | Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	853	7,229
Mortgage Portfolio Segment | 30 to 59 Days | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	276	720
Mortgage Portfolio Segment | 30 to 59 Days | Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	0	0
Mortgage Portfolio Segment | 30 to 59 Days | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	0	0
Mortgage Portfolio Segment | 60 to 89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,752	5,091
Mortgage Portfolio Segment | 60 to 89 Days | Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,752	1,131
Mortgage Portfolio Segment | 60 to 89 Days | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	0	3,960
Mortgage Portfolio Segment | 60 to 89 Days | Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	0	0
Mortgage Portfolio Segment | 60 to 89 Days | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	0	0
Mortgage Portfolio Segment | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	7,460,019	7,038,768
Mortgage Portfolio Segment | Current | Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,174,961	1,188,206
Mortgage Portfolio Segment | Current | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	4,117,441	3,805,803
Mortgage Portfolio Segment | Current | Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,443,059	1,363,958
Mortgage Portfolio Segment | Current | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	724,558	680,801
Commercial Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	2,192,009	2,188,866
Non-accrual	11,950	20,582
Recorded Investment greater than 90 days accruing	0	0
Total Past Due	13,031	29,100
Non-accrual loans with no related allowance	10,132	14,453
Commercial Loans | 30 to 59 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	1,040	7,229
Commercial Loans | 60 to 89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	41	1,289
Commercial Loans | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	2,178,978	2,159,766
Consumer Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	322,711	327,442
Non-accrual	964	1,682
Recorded Investment greater than 90 days accruing	0	0
Total Past Due	1,476	2,559
Non-accrual loans with no related allowance	964	1,682
Consumer Loans | 30 to 59 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	343	649
Consumer Loans | 60 to 89 Days
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	169	228
Consumer Loans | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total gross loans	$ 321,235	$ 324,883

Loans Receivable and Allowanc_5

Loans Receivable and Allowance for Credit Losses (Narrative) (Detail)			3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022 USD ($) loan borrower	Dec. 31, 2021 USD ($) loan borrower	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan	Mar. 31, 2022 USD ($)	Mar. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Principal amount of nonaccrual loans	$ 40,400,000	$ 48,000,000	$ 40,400,000		$ 40,400,000		$ 40,400,000	$ 48,000,000
Loans less than 90 days past due	$ 16,300,000	$ 23,000,000	$ 16,300,000		$ 16,300,000		$ 16,300,000	$ 23,000,000
Number of loans 90 days past due and still accruing | loan	0	0	0		0		0	0
Impaired loan defined floor limit (greater than)	$ 1,000,000		$ 1,000,000		$ 1,000,000		$ 1,000,000
Impaired loans number | loan	133	155
Impaired loans	$ 45,052,000	$ 52,254,000	45,052,000		45,052,000		45,052,000	$ 52,254,000
Number of troubled debt restructurings | loan	125	132
Troubled debt restructurings	$ 27,700,000	$ 30,600,000	27,700,000		27,700,000		$ 27,700,000	30,600,000
Provision charge (benefit) to operations			3,000,000	$ (10,700,000)	(3,400,000)	$ (25,700,000)
Charge off, impaired loan			$ 921,000	0		1,500,000
Weighted average modified interest rate			4.26%
Weighted average prior modification rate			4.30%
Number of payment defaults for loans modified as TDRs | loan							1
Payment default amount for loans modified as TDR							$ 209,000
Allowance for credit losses	79,016,000	80,740,000	$ 79,016,000	80,959,000	79,016,000	80,959,000	79,016,000	80,740,000	$ 76,275,000	$ 85,591,000	$ 101,466,000
Total gross loans	9,992,445,000	9,581,624,000	9,992,445,000		9,992,445,000		9,992,445,000	9,581,624,000
Allowances for loan losses	1,457,000	4,284,000	1,457,000		1,457,000		1,457,000	4,284,000
Impaired financing receivable with no related allowance	$ 33,400,000	34,200,000	$ 33,400,000		33,400,000		$ 33,400,000	34,200,000
Average balance of impaired loans					$ 50,073,000			53,352,000
Number of PPP loans | loan	2,067		2,067		2,067		2,067
Paycheck protection program	$ 682,000,000		$ 682,000,000		$ 682,000,000		$ 682,000,000
Number of loans forgiven | loan	2,039		2,039		2,039		2,039
Paycheck protection program, amount forgiven	$ 665,300,000		$ 665,300,000		$ 665,300,000		$ 665,300,000
Paycheck protection program, amount outstanding	16,700,000		16,700,000		16,700,000		16,700,000
Held-to-maturity, debt securities, allowance	30,000	39,000	30,000		30,000		30,000	39,000
Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans measured for impairment based on the fair value of the underlying collateral	$ 15,200,000	$ 18,200,000	15,200,000		15,200,000		15,200,000	18,200,000
Performing Financial Instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number of troubled debt restructurings | loan	102	115
Number of borrowers | borrower	99	111
Troubled debt restructurings	$ 17,800,000	$ 21,900,000	17,800,000		17,800,000		17,800,000	21,900,000
Purchased credit-impaired (PCI) loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Allowance for credit losses	2,600,000	2,800,000	2,600,000		2,600,000		2,600,000	2,800,000
Total gross loans	227,100,000	246,900,000	227,100,000		227,100,000		227,100,000	246,900,000
Consumer Loan | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans measured for impairment based on the fair value of the underlying collateral	64,000		64,000		64,000		64,000
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Held-to-maturity, debt securities, allowance	30,000	39,000	30,000		30,000		30,000	39,000
Commercial Loan | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans measured for impairment based on the fair value of the underlying collateral	14,000,000		14,000,000		14,000,000		14,000,000
Residential Real Estate | Real Estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans measured for impairment based on the fair value of the underlying collateral	1,200,000		1,200,000		1,200,000		1,200,000
Commercial Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	8,387,000	16,420,000	8,387,000		8,387,000		8,387,000	16,420,000
Provision charge (benefit) to operations			(2,710,000)	(10,814,000)	(7,115,000)	(11,281,000)
Allowance for credit losses	21,387,000	26,343,000	21,387,000	$ 21,262,000	21,387,000	$ 21,262,000	21,387,000	26,343,000	$ 23,799,000	$ 26,302,000	$ 27,084,000
Allowances for loan losses	$ 607,000	$ 3,358,000	$ 607,000		607,000		$ 607,000	3,358,000
Average balance of impaired loans					$ 11,795,000			$ 16,018,000

Loans Receivable and Allowanc_6

Loans Receivable and Allowance for Credit Losses (Schedule of Allowance for Loan Losses by Portfolio Segment) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 76,275	$ 85,591	$ 80,740	$ 101,466
Provision charge (benefit) to operations	3,000	(10,700)	(3,400)	(25,700)
Recoveries of loans previously charged-off	913	6,179	2,950	7,285
Loans charged-off	(1,172)	(111)	(1,274)	(2,092)
Balance at end of period	79,016	80,959	79,016	80,959
Mortgage Portfolio Segment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	50,096	54,198	52,104	68,307
Provision charge (benefit) to operations	5,593	1,080	3,599	(12,387)
Recoveries of loans previously charged-off	361	191	371	467
Loans charged-off	(986)	0	(1,010)	(918)
Balance at end of period	55,064	55,469	55,064	55,469
Commercial Loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	23,799	26,302	26,343	27,084
Provision charge (benefit) to operations	(2,710)	(10,814)	(7,115)	(11,281)
Recoveries of loans previously charged-off	443	5,790	2,304	6,317
Loans charged-off	(145)	(16)	(145)	(858)
Balance at end of period	21,387	21,262	21,387	21,262
Consumer Loans
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	2,380	5,091	2,293	6,075
Provision charge (benefit) to operations	117	(966)	116	(2,032)
Recoveries of loans previously charged-off	109	198	275	501
Loans charged-off	(41)	(95)	(119)	(316)
Balance at end of period	$ 2,565	$ 4,228	$ 2,565	$ 4,228

Loans Receivable and Allowanc_7

Loans Receivable and Allowance for Credit Losses (Summary of Loans Receivable by Portfolio Segment and Impairment Method) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	$ 45,052	$ 52,254
Collectively evaluated for impairment	9,960,102	9,541,625
Total gross loans	10,005,154	9,593,879
Mortgage Portfolio Segment
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	35,492	34,610
Collectively evaluated for impairment	7,454,942	7,042,961
Total gross loans	7,490,434	7,077,571
Commercial Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	8,387	16,420
Collectively evaluated for impairment	2,183,622	2,172,446
Total gross loans	2,192,009	2,188,866
Consumer Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	1,173	1,224
Collectively evaluated for impairment	321,538	326,218
Total gross loans	$ 322,711	$ 327,442

Loans Receivable and Allowanc_8

Loans Receivable and Allowance for Credit Losses (Summary of Allowance for Loan Losses by Portfolio Segment and Impairment Classification) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	$ 1,457		$ 4,284
Collectively evaluated for impairment	77,559		76,456
Total gross loans	79,016	$ 76,275	80,740	$ 80,959	$ 85,591	$ 101,466
Mortgage Portfolio Segment
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	803		875
Collectively evaluated for impairment	54,261		51,229
Total gross loans	55,064	50,096	52,104	55,469	54,198	68,307
Commercial Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	607		3,358
Collectively evaluated for impairment	20,780		22,985
Total gross loans	21,387	23,799	26,343	21,262	26,302	27,084
Consumer Loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	47		51
Collectively evaluated for impairment	2,518		2,242
Total gross loans	$ 2,565	$ 2,380	$ 2,293	$ 4,228	$ 5,091	$ 6,075

Loans Receivable and Allowanc_9

Loans Receivable and Allowance for Credit Losses (Schedule of Troubled Debt Restructurings) (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan	Jun. 30, 2022 USD ($) loan	Jun. 30, 2021 USD ($) loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	5	2	5	5
Pre-Modification Outstanding Recorded  Investment	$ 2,261	$ 1,751	$ 2,261	$ 3,111
Post-Modification Outstanding Recorded Investment	$ 2,081	$ 1,259	$ 2,081	$ 2,533
Mortgage Portfolio
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	3	1	3	1
Pre-Modification Outstanding Recorded  Investment	$ 1,883	$ 171	$ 1,883	$ 171
Post-Modification Outstanding Recorded Investment	$ 1,807	$ 170	$ 1,807	$ 170
Mortgage Portfolio | Residential
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	2	1	2	1
Pre-Modification Outstanding Recorded  Investment	$ 265	$ 171	$ 265	$ 171
Post-Modification Outstanding Recorded Investment	$ 206	$ 170	$ 206	$ 170
Mortgage Portfolio | Multifamily
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	1	0	1	0
Pre-Modification Outstanding Recorded  Investment	$ 1,618	$ 0	$ 1,618	$ 0
Post-Modification Outstanding Recorded Investment	$ 1,601	$ 0	$ 1,601	$ 0
Commercial Loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	2	1	2	4
Pre-Modification Outstanding Recorded  Investment	$ 378	$ 1,580	$ 378	$ 2,940
Post-Modification Outstanding Recorded Investment	$ 274	$ 1,089	$ 274	$ 2,363

Loans Receivable and Allowan_10

Loans Receivable and Allowance for Credit Losses (Summary of Impaired Loans Receivable by Class) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Loans with no related allowance
Loans with no related allowance, Unpaid Principal Balance	$ 40,095	$ 40,526
Loans with no related allowance, Recorded Investment	33,396	34,194
Loans with no related allowance, Average Recorded Investment	35,119	36,033
Loans with no related allowance, Interest Income Recognized	235	664
Loans with an allowance recorded
Loans with an allowance recorded, Unpaid Principal Balance	12,521	18,754
Loans with an allowance recorded, Recorded Investment	11,656	18,060
Loans with an allowance recorded, Average Recorded Investment	14,954	17,319
Loans with an allowance recorded, Interest Income Recognized	220	601
Total impaired loans
Unpaid Principal Balance	52,616	59,280
Recorded Investment	45,052	52,254
Related Allowance	1,457	4,284
Average Recorded Investment	50,073	53,352
Interest Income Recognized	455	1,265
Mortgage Portfolio Segment
Loans with no related allowance
Loans with no related allowance, Unpaid Principal Balance	31,417	29,292
Loans with no related allowance, Recorded Investment	27,253	26,087
Loans with no related allowance, Average Recorded Investment	28,768	26,706
Loans with no related allowance, Interest Income Recognized	192	516
Loans with an allowance recorded
Loans with an allowance recorded, Unpaid Principal Balance	8,578	8,865
Loans with an allowance recorded, Recorded Investment	8,239	8,523
Loans with an allowance recorded, Average Recorded Investment	8,312	8,636
Loans with an allowance recorded, Interest Income Recognized	161	326
Total impaired loans
Unpaid Principal Balance	39,995	38,157
Recorded Investment	35,492	34,610
Related Allowance	803	875
Average Recorded Investment	37,080	35,342
Interest Income Recognized	353	842
Mortgage Portfolio Segment | Residential
Loans with no related allowance
Loans with no related allowance, Unpaid Principal Balance	10,038	12,326
Loans with no related allowance, Recorded Investment	7,747	9,814
Loans with no related allowance, Average Recorded Investment	8,196	9,999
Loans with no related allowance, Interest Income Recognized	180	423
Loans with an allowance recorded
Loans with an allowance recorded, Unpaid Principal Balance	7,724	7,994
Loans with an allowance recorded, Recorded Investment	7,386	7,652
Loans with an allowance recorded, Average Recorded Investment	7,449	7,742
Loans with an allowance recorded, Interest Income Recognized	138	278
Total impaired loans
Unpaid Principal Balance	17,762	20,320
Recorded Investment	15,133	17,466
Related Allowance	789	858
Average Recorded Investment	15,645	17,741
Interest Income Recognized	318	701
Mortgage Portfolio Segment | Commercial
Loans with no related allowance
Loans with no related allowance, Unpaid Principal Balance	17,004	15,310
Loans with no related allowance, Recorded Investment	15,216	14,685
Loans with no related allowance, Average Recorded Investment	16,270	15,064
Loans with no related allowance, Interest Income Recognized	0	63
Loans with an allowance recorded
Loans with an allowance recorded, Unpaid Principal Balance	854	871
Loans with an allowance recorded, Recorded Investment	853	871
Loans with an allowance recorded, Average Recorded Investment	863	894
Loans with an allowance recorded, Interest Income Recognized	23	48
Total impaired loans
Unpaid Principal Balance	17,858	16,181
Recorded Investment	16,069	15,556
Related Allowance	14	17
Average Recorded Investment	17,133	15,958
Interest Income Recognized	23	111
Mortgage Portfolio Segment | Multifamily
Loans with no related allowance
Loans with no related allowance, Unpaid Principal Balance	1,618	0
Loans with no related allowance, Recorded Investment	1,601	0
Loans with no related allowance, Average Recorded Investment	1,613	0
Loans with no related allowance, Interest Income Recognized	12	0
Loans with an allowance recorded
Loans with an allowance recorded, Unpaid Principal Balance	0	0
Loans with an allowance recorded, Recorded Investment	0	0
Loans with an allowance recorded, Average Recorded Investment	0	0
Loans with an allowance recorded, Interest Income Recognized	0	0
Total impaired loans
Unpaid Principal Balance	1,618	0
Recorded Investment	1,601	0
Related Allowance	0	0
Average Recorded Investment	1,613	0
Interest Income Recognized	12	0
Mortgage Portfolio Segment | Construction
Loans with no related allowance
Loans with no related allowance, Unpaid Principal Balance	2,757	1,656
Loans with no related allowance, Recorded Investment	2,689	1,588
Loans with no related allowance, Average Recorded Investment	2,689	1,643
Loans with no related allowance, Interest Income Recognized	0	30
Total impaired loans
Unpaid Principal Balance	2,757	1,656
Recorded Investment	2,689	1,588
Related Allowance	0	0
Average Recorded Investment	2,689	1,643
Interest Income Recognized	0	30
Commercial Loans
Loans with no related allowance
Loans with no related allowance, Unpaid Principal Balance	7,277	9,845
Loans with no related allowance, Recorded Investment	5,278	7,254
Loans with no related allowance, Average Recorded Investment	5,464	7,714
Loans with no related allowance, Interest Income Recognized	13	33
Loans with an allowance recorded
Loans with an allowance recorded, Unpaid Principal Balance	3,615	9,498
Loans with an allowance recorded, Recorded Investment	3,109	9,166
Loans with an allowance recorded, Average Recorded Investment	6,331	8,304
Loans with an allowance recorded, Interest Income Recognized	53	257
Total impaired loans
Unpaid Principal Balance	10,892	19,343
Recorded Investment	8,387	16,420
Related Allowance	607	3,358
Average Recorded Investment	11,795	16,018
Interest Income Recognized	66	290
Consumer Loans
Loans with no related allowance
Loans with no related allowance, Unpaid Principal Balance	1,401	1,389
Loans with no related allowance, Recorded Investment	865	853
Loans with no related allowance, Average Recorded Investment	887	1,613
Loans with no related allowance, Interest Income Recognized	30	115
Loans with an allowance recorded
Loans with an allowance recorded, Unpaid Principal Balance	328	391
Loans with an allowance recorded, Recorded Investment	308	371
Loans with an allowance recorded, Average Recorded Investment	311	379
Loans with an allowance recorded, Interest Income Recognized	6	18
Total impaired loans
Unpaid Principal Balance	1,729	1,780
Recorded Investment	1,173	1,224
Related Allowance	47	51
Average Recorded Investment	1,198	1,992
Interest Income Recognized	$ 36	$ 133

Loans Receivable and Allowan_11

Loans Receivable and Allowance for Credit Losses (Summary of Loans Receivable by Credit Quality Risk Rating Indicator) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Credit Quality Indicator [Line Items]
2022	$ 1,009,159	$ 1,654,769
2021	1,642,975	1,541,098
2020	1,481,062	1,329,195
2019	1,224,887	878,030
2018	772,634	850,574
Prior to 2018	3,051,553	2,638,782
Revolving Loans	732,831	602,877
Revolving loans to term loans	90,053	98,554
Total gross loans	10,005,154	9,593,879
Total classified and criticized
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	1,232
2021	0	7,586
2020	13,444	37,057
2019	36,488	68,440
2018	86,407	51,092
Prior to 2018	143,287	178,234
Revolving Loans	26,536	23,935
Revolving loans to term loans	2,680	4,070
Total gross loans	308,842	371,646
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	1,232
2021	0	6,411
2020	12,353	31,522
2019	29,361	25,559
2018	70,369	37,825
Prior to 2018	42,018	68,043
Revolving Loans	9,162	9,508
Revolving loans to term loans	1,660	2,249
Total gross loans	164,923	182,349
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	1,175
2020	1,091	5,535
2019	7,127	42,881
2018	16,038	13,267
Prior to 2018	101,269	110,191
Revolving Loans	17,374	14,427
Revolving loans to term loans	1,020	1,821
Total gross loans	143,919	189,297
Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Loss
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Pass/Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2022	1,009,159	1,653,537
2021	1,642,975	1,533,512
2020	1,467,618	1,292,138
2019	1,188,399	809,590
2018	686,227	799,482
Prior to 2018	2,908,266	2,460,548
Revolving Loans	706,295	578,942
Revolving loans to term loans	87,373	94,484
Total gross loans	9,696,312	9,222,233
Residential
Financing Receivable, Credit Quality Indicator [Line Items]
2022	88,490	229,106
2021	219,356	235,949
2020	220,585	113,206
2019	101,646	67,773
2018	61,180	76,769
Prior to 2018	489,710	479,835
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	1,180,967	1,202,638
Residential | Total classified and criticized
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	280
2018	278	863
Prior to 2018	7,453	9,003
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	7,731	10,146
Residential | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	697
Prior to 2018	1,752	434
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	1,752	1,131
Residential | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	280
2018	278	166
Prior to 2018	5,701	8,569
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	5,979	9,015
Residential | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Residential | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Residential | Pass/Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2022	88,490	229,106
2021	219,356	235,949
2020	220,585	113,206
2019	101,646	67,493
2018	60,902	75,906
Prior to 2018	482,257	470,832
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	1,173,236	1,192,492
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
2022	577,958	655,105
2021	614,166	602,654
2020	603,365	618,302
2019	605,385	355,221
2018	319,376	447,956
Prior to 2018	1,290,530	1,013,770
Revolving Loans	95,198	103,511
Revolving loans to term loans	30,366	30,851
Total gross loans	4,136,344	3,827,370
Commercial | Total classified and criticized
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	2,624
2020	833	28,724
2019	28,880	56,556
2018	56,160	17,009
Prior to 2018	29,865	61,024
Revolving Loans	747	1,893
Revolving loans to term loans	0	0
Total gross loans	116,485	167,830
Commercial | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	2,624
2020	833	28,706
2019	28,404	22,296
2018	48,868	9,657
Prior to 2018	10,391	26,668
Revolving Loans		1,094
Revolving loans to term loans	0	0
Total gross loans	88,496	91,045
Commercial | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	18
2019	476	34,260
2018	7,292	7,352
Prior to 2018	19,474	34,356
Revolving Loans	747	799
Revolving loans to term loans		0
Total gross loans	27,989	76,785
Commercial | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Commercial | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Commercial | Pass/Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2022	577,958	655,105
2021	614,166	600,030
2020	602,532	589,578
2019	576,505	298,665
2018	263,216	430,947
Prior to 2018	1,260,665	952,746
Revolving Loans	94,451	101,618
Revolving loans to term loans	30,366	30,851
Total gross loans	4,019,859	3,659,540
Multi-Family
Financing Receivable, Credit Quality Indicator [Line Items]
2022	93,428	154,419
2021	149,942	295,155
2020	288,376	166,558
2019	203,526	173,583
2018	175,641	120,707
Prior to 2018	531,077	449,926
Revolving Loans	1,952	2,880
Revolving loans to term loans	1,157	1,169
Total gross loans	1,445,099	1,364,397
Multi-Family | Total classified and criticized
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	439
2020	439	0
2019	0	0
2018	591	3,053
Prior to 2018	4,073	1,216
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	5,103	4,708
Multi-Family | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	3,053
Prior to 2018	1,669	271
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	1,669	3,324
Multi-Family | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	439
2020	439	0
2019	0
2018	591	0
Prior to 2018	2,404	945
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	3,434	1,384
Multi-Family | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018		0
Prior to 2018		0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Multi-Family | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Multi-Family | Pass/Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2022	93,428	154,419
2021	149,942	294,716
2020	287,937	166,558
2019	203,526	173,583
2018	175,050	117,654
Prior to 2018	527,004	448,710
Revolving Loans	1,952	2,880
Revolving loans to term loans	1,157	1,169
Total gross loans	1,439,996	1,359,689
Construction
Financing Receivable, Credit Quality Indicator [Line Items]
2022	65,999	173,843
2021	298,597	177,307
2020	172,180	219,331
2019	119,327	96,728
2018	62,817	9,604
Prior to 2018	2,498	103
Revolving Loans	0	0
Revolving loans to term loans	6,606	6,250
Total gross loans	728,024	683,166
Construction | Total classified and criticized
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	1,125
2020	0	0
2019	2,197	2,365
2018	21,537	0
Prior to 2018	905	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	24,639	3,490
Construction | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	1,125
2020	0	0
2019	0	0
2018	19,172	0
Prior to 2018	905	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	20,077	1,125
Construction | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	2,197	2,365
2018	2,365	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	4,562	2,365
Construction | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Construction | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Construction | Pass/Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2022	65,999	173,843
2021	298,597	176,182
2020	172,180	219,331
2019	117,130	94,363
2018	41,280	9,604
Prior to 2018	1,593	103
Revolving Loans	0
Revolving loans to term loans	6,606	6,250
Total gross loans	703,385	679,676
Mortgage Portfolio Segment
Financing Receivable, Credit Quality Indicator [Line Items]
2022	825,875	1,212,473
2021	1,282,061	1,311,065
2020	1,284,506	1,117,397
2019	1,029,884	693,305
2018	619,014	655,036
Prior to 2018	2,313,815	1,943,634
Revolving Loans	97,150	106,391
Revolving loans to term loans	38,129	38,270
Total gross loans	7,490,434	7,077,571
Mortgage Portfolio Segment | Total classified and criticized
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	4,188
2020	1,272	28,724
2019	31,077	59,201
2018	78,566	20,925
Prior to 2018	42,296	71,243
Revolving Loans	747	1,893
Revolving loans to term loans	0	0
Total gross loans	153,958	186,174
Mortgage Portfolio Segment | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	3,749
2020	833	28,706
2019	28,404	22,296
2018	68,040	13,407
Prior to 2018	14,717	27,373
Revolving Loans	0	1,094
Revolving loans to term loans	0	0
Total gross loans	111,994	96,625
Mortgage Portfolio Segment | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	439
2020	439	18
2019	2,673	36,905
2018	10,526	7,518
Prior to 2018	27,579	43,870
Revolving Loans	747	799
Revolving loans to term loans	0	0
Total gross loans	41,964	89,549
Mortgage Portfolio Segment | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Mortgage Portfolio Segment | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Mortgage Portfolio Segment | Pass/Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2022	825,875	1,212,473
2021	1,282,061	1,306,877
2020	1,283,234	1,088,673
2019	998,807	634,104
2018	540,448	634,111
Prior to 2018	2,271,519	1,872,391
Revolving Loans	96,403	104,498
Revolving loans to term loans	38,129	38,270
Total gross loans	7,336,476	6,891,397
Mortgage Portfolio Segment | Residential
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans	1,180,967	1,202,638
Mortgage Portfolio Segment | Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans	4,136,344	3,827,370
Mortgage Portfolio Segment | Multi-Family
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans	1,445,099	1,364,397
Mortgage Portfolio Segment | Construction
Financing Receivable, Credit Quality Indicator [Line Items]
Total gross loans	728,024	683,166
Commercial Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2022	163,411	417,156
2021	338,523	225,530
2020	194,013	187,526
2019	176,934	163,563
2018	135,206	179,732
Prior to 2018	637,838	594,419
Revolving Loans	509,870	377,108
Revolving loans to term loans	36,214	43,832
Total gross loans	2,192,009	2,188,866
Commercial Loans | Total classified and criticized
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	1,232
2021	0	3,398
2020	12,139	8,333
2019	5,411	9,123
2018	7,704	30,165
Prior to 2018	100,168	105,368
Revolving Loans	25,711	22,011
Revolving loans to term loans	2,662	3,976
Total gross loans	153,795	183,606
Commercial Loans | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	1,232
2021	0	2,662
2020	11,487	2,816
2019	957	3,263
2018	2,329	24,418
Prior to 2018	27,183	40,561
Revolving Loans	9,162	8,389
Revolving loans to term loans	1,642	2,155
Total gross loans	52,760	85,496
Commercial Loans | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	736
2020	652	5,517
2019	4,454	5,860
2018	5,375	5,747
Prior to 2018	72,985	64,807
Revolving Loans	16,549	13,622
Revolving loans to term loans	1,020	1,821
Total gross loans	101,035	98,110
Commercial Loans | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans		0
Revolving loans to term loans		0
Total gross loans	0	0
Commercial Loans | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Commercial Loans | Pass/Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2022	163,411	415,924
2021	338,523	222,132
2020	181,874	179,193
2019	171,523	154,440
2018	127,502	149,567
Prior to 2018	537,670	489,051
Revolving Loans	484,159	355,097
Revolving loans to term loans	33,552	39,856
Total gross loans	2,038,214	2,005,260
Consumer Loans
Financing Receivable, Credit Quality Indicator [Line Items]
2022	19,873	25,140
2021	22,391	4,503
2020	2,543	24,272
2019	18,069	21,162
2018	18,414	15,806
Prior to 2018	99,900	100,729
Revolving Loans	125,811	119,378
Revolving loans to term loans	15,710	16,452
Total gross loans	322,711	327,442
Consumer Loans | Total classified and criticized
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	33	0
2019	0	116
2018	137	2
Prior to 2018	823	1,623
Revolving Loans	78	31
Revolving loans to term loans	18	94
Total gross loans	1,089	1,866
Consumer Loans | Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	33	0
2019	0	0
2018	0	0
Prior to 2018	118	109
Revolving Loans	0	25
Revolving loans to term loans	18	94
Total gross loans	169	228
Consumer Loans | Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	116
2018	137	2
Prior to 2018	705	1,514
Revolving Loans	78	6
Revolving loans to term loans		0
Total gross loans	920	1,638
Consumer Loans | Doubtful
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Consumer Loans | Loss
Financing Receivable, Credit Quality Indicator [Line Items]
2022	0	0
2021	0	0
2020	0	0
2019	0	0
2018	0	0
Prior to 2018	0	0
Revolving Loans	0	0
Revolving loans to term loans	0	0
Total gross loans	0	0
Consumer Loans | Pass/Watch
Financing Receivable, Credit Quality Indicator [Line Items]
2022	19,873	25,140
2021	22,391	4,503
2020	2,510	24,272
2019	18,069	21,046
2018	18,277	15,804
Prior to 2018	99,077	99,106
Revolving Loans	125,733	119,347
Revolving loans to term loans	15,692	16,358
Total gross loans	$ 321,622	$ 325,576

Deposits (Detail)

Deposits (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Banking and Thrift, Other Disclosure [Abstract]
Savings	$ 1,512,356	$ 1,460,541
Money market	2,618,057	2,592,523
NOW	3,258,591	3,722,198
Non-interest bearing	2,818,575	2,766,235
Certificates of deposit	666,645	692,515
Total deposits	$ 10,874,224	$ 11,234,012

Borrowed Funds - Schedule of Bo

Borrowed Funds - Schedule of Borrowed Funds (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Securities sold under repurchase agreements	$ 107,711	$ 116,760
FHLB overnight borrowings	314,000	0
FHLB advances	580,791	510,014
Total borrowed funds	$ 1,002,502	$ 626,774

Borrowed Funds - Scheduled FHLB

Borrowed Funds - Scheduled FHLB Advances (Detail) $ in Thousands	Jun. 30, 2022 USD ($)
Debt Disclosure [Abstract]
Due in one year or less	$ 430,950
Due after one year through two years	91,728
Due after two years through three years	238,953
Due after three years through four years	133,160
Thereafter	0
Total FHLB advances and overnight borrowings	$ 894,791

Borrowed Funds - Scheduled Secu

Borrowed Funds - Scheduled Securities Sold Under Repurchase Agreements (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total securities sold under repurchase agreements	$ 107,711	$ 116,760
Securities Loaned or Sold under Agreements to Repurchase
Debt Instrument [Line Items]
Due in one year or less	107,711
Thereafter	0
Total securities sold under repurchase agreements	$ 107,711

Borrowed Funds - Debt Disclosur

Borrowed Funds - Debt Disclosure by Year (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Debt Disclosure [Abstract]
Securities sold under repurchase agreements, maximum balance	$ 125,506,000	$ 132,005,000
FHLB overnight borrowing, maximum balance	314,000,000	0
FHLB overnight borrowing, maximum balance	580,791,000	941,939,000
Securities sold under repurchase agreements, average balance	116,903,000	116,158,000
FHLB overnight borrowing, average balance	34,999,000	205,000
FHLB overnight borrowing, average balance	$ 386,691,000	$ 673,014,000
Securities sold under repurchase agreements, weighted average interest rate	0.32%	0.07%
FHLB overnight borrowing, weighted average interest rate	2.42%	0.34%
FHLB advances, weighted average interest rate	0.87%	1.27%

Borrowed Funds - Additional Inf

Borrowed Funds - Additional Information (Details) - USD ($) $ in Millions			3 Months Ended		6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Debt Instrument [Line Items]
Interest expense, borrowings			$ 1.1	$ 2.6	$ 2.3	$ 5.4
Available-for-sale Securities
Debt Instrument [Line Items]
Securities sold under repurchase agreements	$ 134.4	$ 136

Components of Net Periodic Be_3

Components of Net Periodic Benefit Cost (Narrative) (Detail) - USD ($)		6 Months Ended	12 Months Ended
	Jan. 01, 2007	Jun. 30, 2022	Dec. 31, 2002
Retirement Benefits [Abstract]
Service period for employees of coverage age, years (at least)		1 year
Defined benefit plan, percentage vested		100%
Retiree benefits eliminated if less than service period, years (less than)	10 years		10 years
Defined benefit plan, contributions by employer		$ 0

Components of Net Periodic Be_4

Components of Net Periodic Benefit Cost (Benefit Cost (Increase) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Pension benefits
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	214	198	428	396
Expected return on plan assets	(864)	(807)	(1,728)	(1,614)
Amortization of prior service cost	0	0	0	0
Amortization of the net loss (gain)	0	118	0	236
Net periodic (decrease) increase in benefit cost	(650)	(491)	(1,300)	(982)
Other post-retirement benefits
Pension Plans, Postretirement and Other Employee Benefits [Line Items]
Service cost	7	9	14	18
Interest cost	111	106	222	212
Expected return on plan assets	0	0	0	0
Amortization of prior service cost	0	0	0	0
Amortization of the net loss (gain)	(326)	(268)	(652)	(536)
Net periodic (decrease) increase in benefit cost	$ (208)	$ (153)	$ (416)	$ (306)

Allowance for Credit Losses o_2

Allowance for Credit Losses on Off-Balance Sheet Credit Exposures (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Credit Loss [Abstract]
Credit loss (benefit) expense for off-balance sheet credit exposures	$ (973)	$ 2,050	$ (3,363)	$ 1,175
Provision for credit losses for off-balance sheet credit exposure	$ 3,200		$ 3,200		$ 6,500

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Detail) $ in Thousands	Jun. 30, 2022 USD ($) security	Dec. 31, 2021 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Restricted cash | $	$ 70	$ 27,300
Minimum | Measurement Input, Cost to Sell | Valuation, Market Approach
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans, measurement input	0.05
Foreclosed assets, measurement input	0.05
Maximum | Measurement Input, Cost to Sell | Valuation, Market Approach
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans, measurement input	0.10
Foreclosed assets, measurement input	0.10

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	$ 1,947,120	$ 2,057,851
Equity securities	1,102	1,325
Derivative assets	103,900	66,497
Derivative liability	81,164	62,472
Foreclosed assets	9,076	8,731
Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	253,915	196,329
Equity securities	1,102	1,325
Derivative assets	0	0
Derivative liability	0	0
Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	1,693,205	1,861,522
Equity securities	0	0
Derivative assets	103,556	65,903
Derivative liability	81,085	61,412
Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Equity securities	0	0
Derivative assets	0	0
Derivative liability	0	0
U.S. Treasury obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	253,915	196,329
U.S. Treasury obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	253,915	196,329
U.S. Treasury obligations | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
U.S. Treasury obligations | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Mortgage-backed securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	1,558,951	1,708,831
Mortgage-backed securities | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Mortgage-backed securities | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	1,558,951	1,708,831
Mortgage-backed securities | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Asset-backed securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	40,844	46,797
Asset-backed securities | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value
Asset-backed securities | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	40,844	46,797
Asset-backed securities | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value
State and municipal obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	59,305	69,707
State and municipal obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
State and municipal obligations | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	59,305	69,707
State and municipal obligations | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Corporate obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	34,105	36,187
Corporate obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Corporate obligations | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	34,105	36,187
Corporate obligations | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	1,947,120	2,057,851
Equity securities	1,102	1,325
Derivative assets	103,556	65,903
Assets, Fair Value Disclosure, Total	2,051,778	2,125,079
Derivative liability	81,085	61,412
Measured on a Recurring Basis | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	253,915	196,329
Equity securities	1,102	1,325
Derivative assets	0	0
Assets, Fair Value Disclosure, Total	255,017	197,654
Derivative liability	0	0
Measured on a Recurring Basis | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	1,693,205	1,861,522
Equity securities	0	0
Derivative assets	103,556	65,903
Assets, Fair Value Disclosure, Total	1,796,761	1,927,425
Derivative liability	81,085	61,412
Measured on a Recurring Basis | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Equity securities	0	0
Derivative assets	0	0
Assets, Fair Value Disclosure, Total	0	0
Derivative liability	0	0
Measured on a Recurring Basis | U.S. Treasury obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	253,915	196,329
Measured on a Recurring Basis | U.S. Treasury obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	253,915	196,329
Measured on a Recurring Basis | U.S. Treasury obligations | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | U.S. Treasury obligations | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | Mortgage-backed securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	1,558,951	1,708,831
Measured on a Recurring Basis | Mortgage-backed securities | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | Mortgage-backed securities | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	1,558,951	1,708,831
Measured on a Recurring Basis | Mortgage-backed securities | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | Asset-backed securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	40,844	46,797
Measured on a Recurring Basis | Asset-backed securities | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | Asset-backed securities | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	40,844	46,797
Measured on a Recurring Basis | Asset-backed securities | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | State and municipal obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	59,305	69,707
Measured on a Recurring Basis | State and municipal obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | State and municipal obligations | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	59,305	69,707
Measured on a Recurring Basis | State and municipal obligations | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | Corporate obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	34,105	36,187
Measured on a Recurring Basis | Corporate obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Recurring Basis | Corporate obligations | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	34,105	36,187
Measured on a Recurring Basis | Corporate obligations | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale debt securities, at fair value	0	0
Measured on a Non-Recurring Basis
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, Fair Value Disclosure, Total	24,279	26,968
Loans measured for impairment based on the fair value of the underlying collateral	15,203	18,237
Foreclosed assets	9,076	8,731
Measured on a Non-Recurring Basis | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, Fair Value Disclosure, Total	0	0
Loans measured for impairment based on the fair value of the underlying collateral	0	0
Foreclosed assets	0	0
Measured on a Non-Recurring Basis | Significant Other Observable  Inputs (Level 2)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, Fair Value Disclosure, Total	0	0
Loans measured for impairment based on the fair value of the underlying collateral	0	0
Foreclosed assets	0	0
Measured on a Non-Recurring Basis | Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets, Fair Value Disclosure, Total	24,279	26,968
Loans measured for impairment based on the fair value of the underlying collateral	15,203	18,237
Foreclosed assets	$ 9,076	$ 8,731

Fair Value Measurements (Financ

Fair Value Measurements (Financial Instruments) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Financial assets:
Cash and cash equivalents	$ 277,462	$ 685,163	$ 651,732	$ 418,083
Available for sale debt securities, at fair value	1,947,120	2,057,851
Investment securities held to maturity, fair value	399,140	449,709
Federal Home Loan Bank stock	54,836	34,290
Equity securities	1,102	1,325
Loans, net of allowance for credit losses	9,913,429	9,500,884
Derivative assets	103,900	66,497
Financial liabilities:
Certificates of deposit	666,645	692,515
Total deposits	10,874,224	11,234,012
Borrowed funds	1,002,502	626,774
Subordinated debentures	10,389	10,283
Derivative liability	81,164	62,472
Quoted Prices in Active  Markets for Identical Assets (Level 1)
Financial assets:
Cash and cash equivalents	277,532	712,463
Available for sale debt securities, at fair value	253,915	196,329
Investment securities held to maturity, fair value	9,251	9,821
Federal Home Loan Bank stock	54,836	34,290
Equity securities	1,102	1,325
Loans, net of allowance for credit losses	0	0
Derivative assets	0	0
Financial liabilities:
Deposits other than certificates of deposits	10,207,579	10,541,497
Certificates of deposit	0	0
Total deposits	10,207,579	10,541,497
Borrowed funds	0	0
Subordinated debentures	0	0
Derivative liability	0	0
Significant Other Observable  Inputs (Level 2)
Financial assets:
Cash and cash equivalents	0	0
Available for sale debt securities, at fair value	1,693,205	1,861,522
Investment securities held to maturity, fair value	389,889	439,888
Federal Home Loan Bank stock	0	0
Equity securities	0	0
Loans, net of allowance for credit losses	0	0
Derivative assets	103,556	65,903
Financial liabilities:
Deposits other than certificates of deposits	0	0
Certificates of deposit	664,725	694,041
Total deposits	664,725	694,041
Borrowed funds	985,267	625,636
Subordinated debentures	9,438	9,750
Derivative liability	81,085	61,412
Significant Unobservable Inputs (Level 3)
Financial assets:
Cash and cash equivalents	0	0
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
Federal Home Loan Bank stock	0	0
Equity securities	0	0
Loans, net of allowance for credit losses	9,739,780	9,607,225
Derivative assets	0	0
Financial liabilities:
Deposits other than certificates of deposits	0	0
Certificates of deposit	0	0
Total deposits	0	0
Borrowed funds	0	0
Subordinated debentures	0	0
Derivative liability	0	0
U.S. Treasury obligations
Financial assets:
Available for sale debt securities, at fair value	253,915	196,329
U.S. Treasury obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Financial assets:
Available for sale debt securities, at fair value	253,915	196,329
U.S. Treasury obligations | Significant Other Observable  Inputs (Level 2)
Financial assets:
Available for sale debt securities, at fair value	0	0
U.S. Treasury obligations | Significant Unobservable Inputs (Level 3)
Financial assets:
Available for sale debt securities, at fair value	0	0
Agency obligations
Financial assets:
Investment securities held to maturity, fair value	9,251	9,821
Agency obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	9,251	9,821
Agency obligations | Significant Other Observable  Inputs (Level 2)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
Agency obligations | Significant Unobservable Inputs (Level 3)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
Mortgage-backed securities
Financial assets:
Available for sale debt securities, at fair value	1,558,951	1,708,831
Investment securities held to maturity, fair value	7	21
Mortgage-backed securities | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
Mortgage-backed securities | Significant Other Observable  Inputs (Level 2)
Financial assets:
Available for sale debt securities, at fair value	1,558,951	1,708,831
Investment securities held to maturity, fair value	7	21
Mortgage-backed securities | Significant Unobservable Inputs (Level 3)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
Asset-backed securities
Financial assets:
Available for sale debt securities, at fair value	40,844	46,797
Asset-backed securities | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Financial assets:
Available for sale debt securities, at fair value
Asset-backed securities | Significant Other Observable  Inputs (Level 2)
Financial assets:
Available for sale debt securities, at fair value	40,844	46,797
Asset-backed securities | Significant Unobservable Inputs (Level 3)
Financial assets:
Available for sale debt securities, at fair value
State and municipal obligations
Financial assets:
Available for sale debt securities, at fair value	59,305	69,707
Investment securities held to maturity, fair value	378,817	429,552
State and municipal obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
State and municipal obligations | Significant Other Observable  Inputs (Level 2)
Financial assets:
Available for sale debt securities, at fair value	59,305	69,707
Investment securities held to maturity, fair value	378,817	429,552
State and municipal obligations | Significant Unobservable Inputs (Level 3)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
Corporate obligations
Financial assets:
Available for sale debt securities, at fair value	34,105	36,187
Investment securities held to maturity, fair value	11,065	10,315
Corporate obligations | Quoted Prices in Active  Markets for Identical Assets (Level 1)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
Corporate obligations | Significant Other Observable  Inputs (Level 2)
Financial assets:
Available for sale debt securities, at fair value	34,105	36,187
Investment securities held to maturity, fair value	11,065	10,315
Corporate obligations | Significant Unobservable Inputs (Level 3)
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	0	0
Carrying Value
Financial assets:
Cash and cash equivalents	277,532	712,463
Available for sale debt securities, at fair value	1,947,120	2,057,851
Investment securities held to maturity, fair value	410,745	436,150
Federal Home Loan Bank stock	54,836	34,290
Equity securities	1,102	1,325
Loans, net of allowance for credit losses	9,913,429	9,500,884
Derivative assets	103,556	65,903
Financial liabilities:
Deposits other than certificates of deposits	10,207,579	10,541,497
Certificates of deposit	666,645	692,515
Total deposits	10,874,224	11,234,012
Borrowed funds	1,002,502	626,774
Subordinated debentures	10,389	10,283
Derivative liability	81,085	61,412
Carrying Value | U.S. Treasury obligations
Financial assets:
Available for sale debt securities, at fair value	253,915	196,329
Carrying Value | Agency obligations
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	9,996	9,996
Carrying Value | Mortgage-backed securities
Financial assets:
Available for sale debt securities, at fair value	1,558,951	1,708,831
Investment securities held to maturity, fair value	7	21
Carrying Value | Asset-backed securities
Financial assets:
Available for sale debt securities, at fair value	40,844	46,797
Carrying Value | State and municipal obligations
Financial assets:
Available for sale debt securities, at fair value	59,305	69,707
Investment securities held to maturity, fair value	389,075	415,699
Carrying Value | Corporate obligations
Financial assets:
Available for sale debt securities, at fair value	34,105	36,187
Investment securities held to maturity, fair value	11,667	10,434
Fair Value
Financial assets:
Cash and cash equivalents	277,532	712,463
Available for sale debt securities, at fair value	1,947,120	2,057,851
Investment securities held to maturity, fair value	399,140	449,709
Federal Home Loan Bank stock	54,836	34,290
Equity securities	1,102	1,325
Loans, net of allowance for credit losses	9,739,780	9,607,225
Derivative assets	103,556	65,903
Financial liabilities:
Deposits other than certificates of deposits	10,207,579	10,541,497
Certificates of deposit	664,725	694,041
Total deposits	10,872,304	11,235,538
Borrowed funds	985,267	625,636
Subordinated debentures	9,438	9,750
Derivative liability	81,085	61,412
Fair Value | U.S. Treasury obligations
Financial assets:
Available for sale debt securities, at fair value	253,915	196,329
Fair Value | Agency obligations
Financial assets:
Available for sale debt securities, at fair value	0	0
Investment securities held to maturity, fair value	9,251	9,821
Fair Value | Mortgage-backed securities
Financial assets:
Available for sale debt securities, at fair value	1,558,951	1,708,831
Investment securities held to maturity, fair value	7	21
Fair Value | Asset-backed securities
Financial assets:
Available for sale debt securities, at fair value	40,844	46,797
Fair Value | State and municipal obligations
Financial assets:
Available for sale debt securities, at fair value	59,305	69,707
Investment securities held to maturity, fair value	378,817	429,552
Fair Value | Corporate obligations
Financial assets:
Available for sale debt securities, at fair value	34,105	36,187
Investment securities held to maturity, fair value	$ 11,065	$ 10,315

Other Comprehensive Income (Com

Other Comprehensive Income (Components of OCI) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Unrealized gains and losses on available for sale debt securities:
Net unrealized (losses) gains arising during the period	$ (62,477)	$ 3,288	$ (178,558)	$ (8,865)
Reclassification adjustment for gains included in net income	(58)	0	(58)	(230)
Total	(62,535)	3,288	(178,616)	(9,095)
Unrealized gains (losses) on derivatives (cash flow hedges)	2,948	(1,649)	17,207	4,577
Amortization related to post-retirement obligations	(322)	(150)	(700)	(300)
Total other comprehensive (loss) income	(59,909)	1,489	(162,109)	(4,818)
Unrealized gains and losses on available for sale debt securities:
Net unrealized (losses) gains arising during the period	16,744	(848)	47,854	2,286
Reclassification adjustment for gains included in net income	16	0	16	59
Total	16,760	(848)	47,870	2,345
Unrealized gains (losses) on derivatives (cash flow hedges)	(790)	425	(4,611)	(1,180)
Amortization related to post-retirement obligations	86	39	188	80
Total other comprehensive (loss) income	16,056	(384)	43,447	1,245
Unrealized gains and losses on available for sale debt securities:
Net unrealized (losses) gains arising during the period	(45,733)	2,440	(130,704)	(6,579)
Reclassification adjustment for gains included in net income	(42)	0	(42)	(171)
Total	(45,775)	2,440	(130,746)	(6,750)
Unrealized gains (losses) on derivatives (cash flow hedges)	2,158	(1,224)	12,596	3,397
Amortization related to post-retirement obligations	(236)	(111)	(512)	(220)
Total other comprehensive (loss) income	$ (43,853)	$ 1,105	$ (118,662)	$ (3,573)

Other Comprehensive Income (C_2

Other Comprehensive Income (Components of AOCI) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ 1,621,131	$ 1,647,231	$ 1,697,096	$ 1,619,797
Current - period other comprehensive (loss) income	(43,853)	1,105	(118,662)	(3,573)
Ending Balance	1,585,265	1,677,634	1,585,265	1,677,634
Accumulated Other Comprehensive Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(67,946)	12,977	6,863	17,655
Current - period other comprehensive (loss) income	(43,853)	1,105	(118,662)	(3,573)
Ending Balance	(111,799)	14,082	(111,799)	14,082
Unrealized Losses on Available for Sale Debt Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(85,182)	14,500	(211)	23,690
Current - period other comprehensive (loss) income	(45,775)	2,440	(130,746)	(6,750)
Ending Balance	(130,957)	16,940	(130,957)	16,940
Post- Retirement Obligations
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	2,705	(1,190)	2,981	(1,081)
Current - period other comprehensive (loss) income	(236)	(111)	(512)	(220)
Ending Balance	2,469	(1,301)	2,469	(1,301)
Unrealized Gains on Derivatives (cash flow hedges)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	14,531	(333)	4,093	(4,954)
Current - period other comprehensive (loss) income	2,158	(1,224)	12,596	3,397
Ending Balance	$ 16,689	$ (1,557)	$ 16,689	$ (1,557)

Other Comprehensive Income (Rec

Other Comprehensive Income (Reclassifications Out of AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net gain on securities transactions	$ 141	$ 34	$ 157	$ 231
Interest expense	6,810	9,639	13,274	20,170
Income tax expense	14,337	15,278	29,567	31,504
Compensation and employee benefits	(37,437)	(34,871)	(74,503)	(70,183)
Total reclassification	39,228	44,789	83,191	93,348
Reclassification adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total reclassification	(404)	(111)	(155)	(391)
Reclassification adjustment | Available for sale debt securities:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net gain on securities transactions	(58)	0	(58)	(230)
Income tax expense	16	0	16	59
Total reclassification	(42)	0	(42)	(171)
Reclassification adjustment | Cash flow hedges:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest expense	(162)	947	504	1,826
Income tax expense	42	(244)	(136)	(471)
Total reclassification	(120)	703	368	1,355
Reclassification adjustment | Post-retirement obligations:
Accumulated Other Comprehensive Income (Loss) [Line Items]
Income tax expense	84	39	171	80
Compensation and employee benefits	(326)	(150)	(652)	(300)
Total reclassification	$ (242)	$ (111)	$ (481)	$ (220)

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities (Narrative) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) instrument counterparty	Dec. 31, 2021 USD ($) instrument
Derivative [Line Items]
Amount of collateral	$ 0	$ 26,566
Derivative assets	103,900	66,497
Derivative liability	81,164	$ 62,472
Derivative instruments in accumulated other comprehensive income (loss) reclassified to interest expense	10,000
Notional amount	$ 460,000
Number of counterparties | counterparty	4
Derivatives Not Designated as a Hedging Instruments | Interest rate products
Derivative [Line Items]
Number of derivative instruments held | instrument	166	164
Derivative notional amount	$ 2,480,000	$ 2,380,000
Derivatives Not Designated as a Hedging Instruments | Credit contracts
Derivative [Line Items]
Number of derivative instruments held | instrument	13
Derivative notional amount	$ 149,600	144,800
Amount of collateral	70
Derivative assets	47	109
Derivative liability	$ 19	$ 46
Designated as Hedging Instrument
Derivative [Line Items]
Number of outstanding derivatives | instrument	11

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities (Offset Fair Value and Notional Amount) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Offsetting Derivative Assets [Abstract]
Total gross derivative amounts recognized on the balance sheet	$ 103,900	$ 66,497
Gross amounts offset on the balance sheet	0	0
Net derivative amounts presented on the balance sheet	103,900	66,497
Financial instruments - institutional counterparties	2,203	18,618
Cash collateral - institutional counterparties	99,793	0
Net derivatives not offset	1,904	47,879
Liability Derivatives
Notional Amount	460,000
Total gross derivative amounts recognized on the balance sheet	81,164	62,472
Gross amounts offset on the balance sheet	0	0
Net derivative amounts presented on the balance sheet	81,164	62,472
Financial instruments - institutional counterparties	2,203	18,618
Cash Collateral	0	26,566
Net derivatives not offset	78,961	17,288
Derivatives Not Designated as a Hedging Instruments
Offsetting Derivative Assets [Abstract]
Fair Value	80,581	59,219
Liability Derivatives
Fair Value	81,164	60,209
Derivatives Not Designated as a Hedging Instruments | Credit contracts
Offsetting Derivative Assets [Abstract]
Net derivative amounts presented on the balance sheet	47	109
Liability Derivatives
Net derivative amounts presented on the balance sheet	19	46
Cash Collateral	70
Other assets | Derivatives Not Designated as a Hedging Instruments | Interest rate products
Offsetting Derivative Assets [Abstract]
Notional Amount	1,238,636	1,188,703
Fair Value	80,534	59,110
Other assets | Derivatives Not Designated as a Hedging Instruments | Credit contracts
Offsetting Derivative Assets [Abstract]
Notional Amount	47,374	47,599
Fair Value	47	109
Other assets | Designated as Hedging Instrument | Interest rate products
Offsetting Derivative Assets [Abstract]
Notional Amount	460,000	250,000
Fair Value	23,319	7,278
Other liabilities | Derivatives Not Designated as a Hedging Instruments | Interest rate products
Liability Derivatives
Notional Amount	1,238,636	1,188,703
Fair Value	81,145	60,163
Other liabilities | Derivatives Not Designated as a Hedging Instruments | Credit contracts
Liability Derivatives
Notional Amount	102,263	97,213
Fair Value	19	46
Other liabilities | Designated as Hedging Instrument | Interest rate products
Liability Derivatives
Notional Amount	0	350,000
Fair Value	$ 0	$ 2,263

Derivatives and Hedging Activ_5

Derivatives and Hedging Activities (Gains and Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivatives Not Designated as a Hedging Instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in Income on derivatives	$ 59	$ (299)	$ 408	$ 124
Derivatives Not Designated as a Hedging Instruments | Interest rate products
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in Income on derivatives	77	(323)	443	77
Derivatives Not Designated as a Hedging Instruments | Credit contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in Income on derivatives	(18)	24	(35)	47
Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in Income on derivatives	(162)	947	504	1,826
Designated as Hedging Instrument | Interest rate products
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) recognized in Income on derivatives	$ (162)	$ 947	$ 504	$ 1,826

Revenue Recognition (Summary of

Revenue Recognition (Summary of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Percentage of total revenue excluded from adoption of 606	83.50%	82.60%	83.50%	82.50%
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 13,788	$ 15,361	$ 28,406	$ 29,499
Total out-of-scope non-interest income	7,144	5,795	12,672	13,294
Total non-interest income	20,932	21,156	41,078	42,793
Wealth management fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	7,024	7,859	14,489	14,993
Insurance agency income
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	2,850	2,849	6,270	5,576
Banking service charges and other fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	3,914	4,653	7,647	8,930
Service charges on deposit accounts
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	3,068	2,555	6,031	5,054
Debit card and ATM fees
Disaggregation of Revenue [Line Items]
Revenue from contract with customer	$ 846	$ 2,098	$ 1,616	$ 3,876

Leases (Supplemental Balance Sh

Leases (Supplemental Balance Sheet Information) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease right-of-use assets	$ 64,324	$ 48,808
Operating lease, right-of-use asset, statement of financial position [Extensible List]	Other assets	Other assets
Operating lease liabilities	$ 66,644	$ 50,236
Operating lease, liability, statement of financial position [Extensible List]	Other liabilities	Other liabilities

Leases (Additional Information)

Leases (Additional Information) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Weighted-average remaining lease term	9 years
Weighted-average discount rate	2.43%
Operating Lease, Right-of-Use Asset	$ 64,324	$ 48,808
Operating lease liabilities	66,644	$ 50,236
Woodbridge, NJ
Lessee, Lease, Description [Line Items]
Operating Lease, Right-of-Use Asset	16,000
Operating lease liabilities	$ 16,000

Leases (Supplemental Cash Flow

Leases (Supplemental Cash Flow and Lease Cost Information) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Operating lease cost	$ 2,586	$ 2,330	$ 5,393	$ 5,142
Variable lease cost	718	717	1,436	1,519
Total lease cost	$ 3,304	$ 3,047	6,829	6,661
Operating cash flows from operating leases			$ 4,060	$ 4,575

Leases (Future Minimum Payments

Leases (Future Minimum Payments) (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Remainder of 2022	$ 4,539
2022	9,254
2023	9,230
2024	8,698
2025	7,506
Thereafter	35,659
Total future minimum lease payments	74,886
Amounts representing interest	8,242
Present value of net future minimum lease payments	$ 66,644	$ 50,236