Dime Community Bancshares (DCOM) 10-Q5 May 232023 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2023	Apr. 30, 2023
Entity Listings [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2023
Entity File Number	001-34096
Entity Registrant Name	DIME COMMUNITY BANCSHARES, INC
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	11-2934195
Entity Address, Address Line One	898 Veterans Memorial Highway
Entity Address, City or Town	Suite 560, Hauppauge
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	11788
City Area Code	631
Local Phone Number	537-1000
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		38,809,466
Entity Central Index Key	0000846617
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Stock
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	DCOM
Security Exchange Name	NASDAQ
Preferred Stock, Series A
Entity Listings [Line Items]
Title of 12(b) Security	Preferred Stock, Series A, $0.01 Par Value
Trading Symbol	DCOMP
Security Exchange Name	NASDAQ

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Assets:
Cash and due from banks	$ 663,132	$ 169,297
Securities available-for-sale, at fair value	926,812	950,587
Securities held-to-maturity	605,642	585,798
Loans held for sale	2,171
Loans held for investment, net of fees and costs	10,731,845	10,566,831
Allowance for credit losses	(78,335)	(83,507)
Total loans held for investment, net	10,653,510	10,483,324
Premises and fixed assets, net	45,863	46,749
Restricted stock	105,258	88,745
Bank Owned Life Insurance ("BOLI")	335,455	333,292
Goodwill	155,797	155,797
Other intangible assets	6,107	6,484
Operating lease assets	57,204	57,857
Derivative assets	130,294	154,485
Accrued interest receivable	49,926	48,561
Other assets	104,553	108,945
Total assets	13,841,724	13,189,921
Due to depositors:
Interest-bearing deposits	7,447,990	6,735,189
Non-interest-bearing deposits	3,122,245	3,519,218
Total deposits	10,570,235	10,254,407
Federal Home Loan Bank of New York ("FHLBNY") advances	1,498,000	1,131,000
Other short-term borrowings	2,068	1,360
Subordinated debt, net	200,261	200,283
Derivative cash collateral	120,680	153,040
Operating lease liabilities	59,757	60,340
Derivative liabilities	115,568	137,335
Other liabilities	83,902	82,573
Total liabilities	12,650,471	12,020,338
Commitments and contingencies
Stockholders' equity:
Preferred stock, Series A ($0.01 par, $25.00 liquidation value, 10,000,000 shares authorized and 5,299,200 shares issued and outstanding at March 31, 2023 and December 31, 2022)	116,569	116,569
Common stock ($0.01 par, 80,000,000 shares authorized, 41,621,772 shares issued at March 31, 2023 and December 31, 2022, and 38,804,361 shares and 38,573,000 shares outstanding at March 31, 2023 and December 31, 2022, respectively)	416	416
Additional paid-in capital	493,801	495,410
Retained earnings	789,010	762,762
Accumulated other comprehensive loss, net of deferred taxes	(98,638)	(94,379)
Unearned equity awards	(13,468)	(8,078)
Treasury stock, at cost (2,817,411 shares and 3,048,772 shares at March 31, 2023 and December 31, 2022, respectively)	(96,437)	(103,117)
Total stockholders' equity	1,191,253	1,169,583
Total liabilities and stockholders' equity	$ 13,841,724	$ 13,189,921

CONSOLIDATED STATEMENTS OF FI_2

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Stockholders' equity:
Preferred stock, Series A, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, Series A, liquidation value (in dollars per share)	$ 25	$ 25
Preferred stock, Series A, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, Series A, shares issued (in shares)	5,299,200	5,299,200
Preferred stock, Series A, shares outstanding (in shares)	5,299,200	5,299,200
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	80,000,000	80,000,000
Common stock, shares issued (in shares)	41,621,772	41,621,772
Common stock, shares outstanding (in shares)	38,804,361	38,573,000
Treasury stock (in shares)	2,817,411	3,048,772

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2022
Interest income:
Loans	$ 128,439	$ 86,420
Securities	8,431	7,131
Other short-term investments	3,802	368
Total interest income	140,672	93,919
Interest expense:
Deposits and escrow	37,272	2,531
Borrowed funds	16,171	2,278
Derivative cash collateral	1,477	1
Total interest expense	54,920	4,810
Net interest income	85,752	89,109
Recovery for credit losses	(3,648)	(1,592)
Net interest income after recovery for credit losses	89,400	90,701
Non-interest income:
Service charges and other fees	3,814	4,058
Title fees	292	421
Loan level derivative income	3,133	6
BOLI income	2,163	1,839
Gain on sale of Small Business Administration ("SBA") loans	516	242
Gain on sale of residential loans	48	148
Net loss on sale of securities and other assets	(1,447)
Other	482	489
Total non-interest income	9,001	7,203
Non-interest expense:
Salaries and employee benefits	26,634	30,834
Occupancy and equipment	7,373	7,584
Data processing costs	4,238	3,805
Marketing	1,449	1,295
Professional services	1,923	2,094
Federal deposit insurance premiums	1,873	1,150
Amortization of other intangible assets	377	586
Other	3,608	2,540
Total non-interest expense	47,475	49,888
Income before income taxes	50,926	48,016
Income tax expense	13,623	13,485
Net income	37,303	34,531
Preferred stock dividends	1,821	1,821
Net income available to common stockholders	$ 35,482	$ 32,710
Earnings per common share:
Basic	$ 0.92	$ 0.82
Diluted	$ 0.92	$ 0.82

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$ 37,303	$ 34,531
Other comprehensive income (loss):
Change in net unrealized loss during the period	(2,302)	(70,131)
Reclassification adjustment for net losses included in net loss on sale of securities and other assets	1,447
Accretion of net unrealized loss on securities transferred to held-to-maturity	757	170
Change in pension and other postretirement obligations:
Reclassification adjustment for expense included in other expense	(370)	(934)
Change in the net actuarial gain	221	997
Change in unrealized gain (loss) on derivatives:
Change in net unrealized (loss) gain during the period	(2,111)	6,852
Reclassification adjustment for expense included in interest expense	(313)	31
Other comprehensive loss before income taxes	(2,671)	(63,015)
Deferred tax expense (benefit)	1,588	(19,816)
Other comprehensive loss, net of tax	(4,259)	(43,199)
Total comprehensive income (loss)	$ 33,044	$ (8,668)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive (Loss) Income	Unearned Equity Awards	Treasury Stock, at Cost	Total
Increase (Decrease) in Stockholders' Equity
Treasury Stock, at cost							$ (59,193)
Balance at Dec. 31, 2021	$ 116,569	$ 416	$ 494,125	$ 654,726	$ (6,181)	$ (7,842)		$ 1,192,620
Balance (in shares) at Dec. 31, 2021		39,877,833
Increase (Decrease) in Stockholders' Equity
Net income				34,531				34,531
Other comprehensive income (loss), net of tax					(43,199)			(43,199)
Release of shares, net of forfeitures			844	(146)		(3,939)	3,284	43
Release of shares, net of forfeitures (in shares)		127,812
Stock-based compensation						1,219		1,219
Shares received related to tax withholding							(1,414)	(1,414)
Shares received related to tax withholding (in shares)		(40,731)
Cash dividends declared and paid to preferred stockholders				(1,821)				(1,821)
Cash dividends declared and paid to common stockholders				(9,300)				(9,300)
Purchase of treasury stock							(17,392)	(17,392)
Purchase of treasury stock (in shares)		(505,005)
Balance at Mar. 31, 2022	116,569	$ 416	494,969	677,990	(49,380)	(10,562)		1,155,287
Balance (in shares) at Mar. 31, 2022		39,459,909
Increase (Decrease) in Stockholders' Equity
Treasury Stock, at cost							(74,715)
Treasury Stock, at cost							(103,117)	(103,117)
Balance at Dec. 31, 2022	116,569	$ 416	495,410	762,762	(94,379)	(8,078)		$ 1,169,583
Balance (in shares) at Dec. 31, 2022		38,573,000						38,573,000
Increase (Decrease) in Stockholders' Equity
Net income				37,303				$ 37,303
Other comprehensive income (loss), net of tax					(4,259)			(4,259)
Release of shares, net of forfeitures			(1,608)			(6,692)	8,507	207
Release of shares, net of forfeitures (in shares)		293,106
Stock-based compensation						1,302		1,302
Shares received related to tax withholding			(1)				(1,112)	(1,113)
Shares received related to tax withholding (in shares)		(36,932)
Cash dividends declared and paid to preferred stockholders				(1,821)				(1,821)
Cash dividends declared and paid to common stockholders				(9,234)				(9,234)
Purchase of treasury stock							(715)	(715)
Purchase of treasury stock (in shares)		(24,813)
Balance at Mar. 31, 2023	$ 116,569	$ 416	$ 493,801	$ 789,010	$ (98,638)	$ (13,468)		$ 1,191,253
Balance (in shares) at Mar. 31, 2023		38,804,361						38,804,361
Increase (Decrease) in Stockholders' Equity
Treasury Stock, at cost							$ (96,437)	$ (96,437)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 37,303	$ 34,531
Adjustments to reconcile net income to net cash provided by operating activities:
Net loss on sales of securities available-for-sale and other assets	1,447
Net gain on sale of loans held for sale	(564)	(390)
Net depreciation, amortization and accretion	1,602	2,768
Amortization of other intangible assets	377	586
Stock-based compensation	1,302	1,219
Recovery for credit losses	(3,648)	(1,592)
Originations of loans held for sale	(2,220)	(6,179)
Proceeds from sale of loans originated for sale	8,940	9,158
Increase in cash surrender value of BOLI	(2,163)	(1,839)
Decrease in other assets	2,837	8,967
(Decrease) increase in other liabilities	(31,796)	32,394
Net cash provided by operating activities	13,417	79,623
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities available-for-sale	77,804
Purchases of securities available-for-sale	(78,157)	(3,000)
Purchases of securities held-to-maturity	(23,739)	(31,944)
Proceeds from calls and principal repayments of securities available-for-sale	21,000	49,853
Proceeds from calls and principal repayments of securities held-to-maturity	4,714	2,733
Proceeds from the sale of portfolio loans transferred to held for sale		1,069
Net increase in loans	(175,002)	(23,179)
Purchases of fixed assets, net	(787)	(1,842)
Purchases of restricted stock, net	(16,513)	(1,166)
Net cash used in investing activities	(190,680)	(7,476)
CASH FLOWS FROM FINANCING ACTIVITIES:
Increase (decrease) in deposits	315,884	(28,872)
Proceeds from FHLBNY advances, short-term, net	205,000	25,000
Proceeds from FHLBNY advances, long-term	162,000
Proceeds of other short-term borrowings, net	708	991
Release of stock for benefit plan awards	207	43
Payments related to tax withholding for equity awards	(1,113)	(1,414)
Purchase of treasury stock	(715)	(17,392)
Cash dividends paid to preferred stockholders	(1,821)	(1,821)
Cash dividends paid to common stockholders	(9,052)	(9,410)
Net cash provided by (used in) financing activities	671,098	(32,875)
Increase in cash and cash equivalents	493,835	39,272
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	169,297	393,722
CASH AND CASH EQUIVALENTS, END OF PERIOD	663,132	432,994
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes	1,970	1,601
Cash paid for interest	47,401	4,933
Securities available-for-sale transferred to held-to-maturity		175,260
Loans transferred to held for sale	8,232	15,172
Operating lease assets in exchange for operating lease liabilities	$ 2,173	$ 1,002

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
BASIS OF PRESENTATION	Mar. 31, 2023
BASIS OF PRESENTATION
BASIS OF PRESENTATION	1. Dime Community Bancshares, Inc. (the “ Holding Company”) is engaged in commercial banking and financial services through its wholly-owned subsidiary, Dime Community Bank (“the Bank”). The Bank was established in 1910 and is headquartered in Hauppauge, New York. The Holding Company was incorporated under the laws of the State of New York in 1988 to serve as the holding company for the Bank. The Holding Company functions primarily as the holder of all of the Bank’s common stock. Our bank operations include Dime Community Inc., a real estate investment trust subsidiary which was formerly known as Bridgehampton Community, Inc., as an operating subsidiary. Our bank operations also include Dime Abstract LLC (“Dime Abstract”), a wholly-owned subsidiary of the Bank, which is a broker of title insurance services. In September 2021, the Company dissolved two REITs, DSBW Preferred Funding Corporation and DSBW Residential Preferred Funding Corporation, which were wholly-owned subsidiaries of the Bank, and the preferred shares outstanding were redeemed by their shareholders. As of March 31, 2023, we operated 59 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. The unaudited consolidated financial statements presented in this Quarterly Report on Form 10-Q include the collective results of the Holding Company and its wholly-owned subsidiary, the Bank, which are collectively herein referred to as “we”, “us”, “our” and the “Company.” The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. The unaudited consolidated financial statements included herein reflect all normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. In preparing the interim financial statements, management has made estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during the reported periods. Such estimates are subject to change in the future as additional information becomes available or previously existing circumstances are modified. Actual future results could differ significantly from those estimates. The annualized results of operations for the three months ended March 31, 2023 are not necessarily indicative of the results of operations that may be expected for the entire fiscal year. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain reclassifications have been made to prior year amounts, and the related discussion and analysis, to conform to the current year presentation. These reclassifications did not have an impact on net income or total stockholders' equity. The unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, which remain significantly unchanged and have been followed similarly as in prior periods. Risks and Uncertainties The COVID-19 pandemic caused significant economic dislocation in the United States. Certain industries were particularly hard-hit, including the travel and hospitality industry, the restaurant industry and the retail industry. Additionally, the spread of COVID-19 temporarily caused us to modify our business practices, including placing restrictions on employee travel and implementing remote work practices. As a result of the COVID-19 pandemic or any other public health emergency, and related governmental responses to any outbreak, we may be subject to the following risks, any of which could have a material, adverse effect on our business, financial condition, liquidity, or results of operations: demand for our products and services may decline; if consumer and business activities are restricted, loan delinquencies, problem assets, and foreclosures may increase, resulting in increased charges and reduced income; collateral for loans, especially real estate, may decline in value, which could increase loan losses; our allowance for credit losses may have to be increased if borrowers experience financial difficulties; a material decrease in net income or a net loss over several quarters could affect our ability to pay cash dividends; cyber security risks may be increased as the result of an increase in the number of employees working remotely; critical services provided by third-party vendors may become unavailable; and the Company may experience unanticipated unavailability or loss of key employees, harming our ability to execute our business strategy. It is possible that there will be continued material, adverse impacts to significant estimates, asset valuations, and business operations, including intangible assets, investments, loans, deferred tax assets, and derivative counterparty risk.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Mar. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2 . Summary of Significant Accounting Policies In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments necessary for a fair presentation of the Company’s financial condition as of March 31, 2023 and December 31, 2022, the results of operations and statements of comprehensive income for the three months ended March 31, 2023 and 2022, the changes in stockholders’ equity for the three months ended March 31, 2023 and 2022, and cash flows for the three months ended March 31, 2023 and 2022. Please see "Part I - Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations - Critical Accounting Policies" for a discussion of areas in the accompanying unaudited condensed consolidated financial statements utilizing significant estimates. Adoption of Recent Accounting Standards ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging-Portfolio Layer Method On March 28, 2022, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging – Portfolio Layer Method. The purpose of this updated guidance is to further align risk management objectives with hedge accounting results on the application of the last-of-layer method, which was first introduced in ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2022-01 is effective for public business entities for fiscal years beginning after December 15, 2022, with early adoption in the interim period, permitted. For entities who have already adopted ASU 2017-12, immediate adoption is allowed. The Company adopted this ASU on January 1, 2023, on a prospective basis; therefore, there was no impact to the consolidated financial statements. ASU 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures ASU 2022-02 eliminates troubled debt restructuring (“TDR”) recognition and measurement guidance and, instead, requires that an entity evaluate whether the modification represents a new loan or a continuation of an existing loan. ASU 2022-02 enhances existing disclosure requirements and introduces new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. For entities that have adopted the amendments of ASU 2016-13, the amendments in ASU 2022-02 are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. This ASU is effective for the Company on January 1, 2023. The Company adopted ASU 2022-02 on its effective date using the modified retrospective method. The adoption of ASU 2022-02 did not have a material impact on the Company's consolidated financial statements. Standards That Have Not Yet Been Adopted ASU 2020-04, Reference Rate Reform (Topic 848) ASU 2020-04 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. ASU 2020-04 also provides numerous optional expedients for derivative accounting. ASU 2020-04 is effective March 12, 2020 through December 31, 2022. Once optional expedients are elected, the amendments in this ASU must be applied prospectively for all eligible contract modifications for that Topic or Industry Subtopic within the Codification. We are evaluating the impact of ASU 2020-04 and expect the LIBOR transition will not have a material effect on the Company's consolidated financial statements. ASU 2021-01, Reference Rate Reform (Topic 848): Scope ASU 2021-01 clarifies that all derivative instruments affected by changes to the interest rates used for discounting, margining, or contract price alignment due to reference rate reform are in the scope of ASC 848. Entities may apply certain optional expedients in ASC 848 to derivative instruments that do not reference LIBOR or another rate expected to be discontinued as a result of reference rate reform if there is a change to the interest rate used for discounting, margining or contract price alignment. ASU 2021-01 is effective upon issuance and generally can be applied through December 31, 2022. The adoption of ASU 2021-01 is not expected to have a material effect on the Company's consolidated financial statements.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3 Months Ended
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	Mar. 31, 2023
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS).
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3 . Activity in accumulated other comprehensive (loss) income, net of tax, was as follows: Total Accumulated Defined Other Benefit Comprehensive (In thousands) Securities Plans Derivatives Income (Loss) Balance as of January 1, 2023 $ (100,870) $ (5,266) $ 11,757 $ (94,379) Other comprehensive (loss) income before reclassifications (4,313) 155 (1,172) (5,330) Amounts reclassified from accumulated other comprehensive loss 1,551 (260) (220) 1,071 Net other comprehensive (loss) income during the period (2,762) (105) (1,392) (4,259) Balance as of March 31, 2023 $ (103,632) $ (5,371) $ 10,365 $ (98,638) Balance as of January 1, 2022 $ (7,864) $ (1,306) $ 2,989 $ (6,181) Other comprehensive (loss) income before reclassifications (48,075) 683 4,697 (42,695) Amounts reclassified from accumulated other comprehensive loss 116 (641) 21 (504) Net other comprehensive (loss) income during the period (47,959) 42 4,718 (43,199) Balance as of March 31, 2022 $ (55,823) $ (1,264) $ 7,707 $ (49,380) The before and after tax amounts allocated to each component of other comprehensive (loss) income are presented in the table below for the periods indicated. Three Months Ended March 31, (In thousands) 2023 2022 Change in unrealized gain (loss) on securities: Change in net unrealized loss during the period $ (2,302) $ (70,131) Reclassification adjustment for net losses included in net loss on sale of securities and other assets 1,447 — Accretion of net unrealized loss on securities transferred to held-to-maturity 757 170 Net change (98) (69,961) Tax benefit (expense) 2,664 (22,002) Net change in unrealized loss on securities, net of reclassification adjustments and tax (2,762) (47,959) Change in pension and other postretirement obligations: Reclassification adjustment for expense included in other expense (370) (934) Change in the net actuarial gain 221 997 Net change (149) 63 Tax (expense) benefit (44) 21 Net change in pension and other postretirement obligations (105) 42 Change in unrealized gain (loss) on derivatives: Change in net unrealized (loss) gain during the period (2,111) 6,852 Reclassification adjustment for expense included in interest expense (313) 31 Net change (2,424) 6,883 Tax (expense) benefit (1,032) 2,165 Net change in unrealized (loss) gain on derivatives, net of reclassification adjustments and tax (1,392) 4,718 Other comprehensive loss, net of tax $ (4,259) $ (43,199)

EARNINGS PER COMMON SHARE

EARNINGS PER COMMON SHARE	3 Months Ended
EARNINGS PER COMMON SHARE	Mar. 31, 2023
EARNINGS PER COMMON SHARE
EARNINGS PER COMMON SHARE	4 . Basic earnings per share (“EPS”) is computed by dividing net income available to common stockholders by the weighted-average common shares outstanding during the reporting period. Diluted EPS is computed using the same method as basic EPS, but reflects the potential dilution that would occur if "in the money" stock options were exercised and converted into common stock. In determining the weighted-average shares outstanding for basic and diluted EPS, treasury shares are excluded. Vested restricted stock award (“RSA”) shares are included in the calculation of the weighted-average shares outstanding for basic and diluted EPS. Unvested RSA and performance-based share awards (“PSA”) shares not yet awarded are recognized as a special class of participating securities under ASC 260, and are included in the calculation of the weighted-average shares outstanding for basic and diluted EPS. The following is a reconciliation of the numerators and denominators of basic and diluted EPS for the periods presented: Three Months Ended March 31, (In thousands except share and per share amounts) 2023 2022 Net income available to common stockholders $ 35,482 $ 32,710 Less: Dividends paid and earnings allocated to participating securities (389) (374) Income attributable to common stock $ 35,093 $ 32,336 Weighted-average common shares outstanding, including participating securities 38,568,640 39,680,652 Less: weighted-average participating securities (417,175) (429,404) Weighted-average common shares outstanding 38,151,465 39,251,248 Basic EPS $ 0.92 $ 0.82 Income attributable to common stock $ 35,093 $ 32,336 Weighted-average common shares outstanding 38,151,465 39,251,248 Weighted-average common equivalent shares outstanding — — Weighted-average common and equivalent shares outstanding 38,151,465 39,251,248 Diluted EPS $ 0.92 $ 0.82 Common and equivalent shares resulting from the dilutive effect of "in-the-money" outstanding stock options are calculated based upon the excess of the average market value of the common stock over the exercise price of outstanding in-the-money stock options during the period. There were 92,137 and 121,253 weighted-average stock options outstanding for the three months ended March 31, 2023 and 2022 which were not considered in the calculation of diluted EPS since their exercise prices exceeded the average market price during the period.

PREFERRED STOCK

PREFERRED STOCK	3 Months Ended
PREFERRED STOCK	Mar. 31, 2023
PREFERRED STOCK.
PREFERRED STOCK	5 . On February 5, 2020, Legacy Dime completed an underwritten public offering of 2,999,200 shares, or $75.0 million in aggregate liquidation preference, of its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share, with a liquidation preference of $25.00 per share (the “Legacy Dime Preferred Stock”). The net proceeds received from the issuance of preferred stock at the time of closing were $72.2 million. On June 10, 2020, Legacy Dime completed an underwritten public offering, a reopening of its February 5, 2020 original issuance, of 2,300,000 shares, or $57.5 million in aggregate liquidation preference, of the Legacy Dime Preferred Stock. The net proceeds received from the issuance of preferred stock at the time of closing were $44.3 million. At the Effective Time of the Merger, each outstanding share of the Legacy Dime Preferred Stock was converted into the right to receive one share of a newly created series of the Company’s preferred stock having the same powers, preferences and rights as the Legacy Dime Preferred Stock. The Company expects to pay dividends when, as, and if declared by its board of directors, at a fixed rate of 5.50% per annum, payable quarterly, in arrears, on February 15, May 15, August 15 and November 15 of each year. The Preferred Stock is perpetual and has no stated maturity. The Company may redeem the Preferred Stock at its option at a redemption price equal to $25.00 per share, plus any declared and unpaid dividends (without regard to any undeclared dividends), subject to regulatory approval, on or after June 15, 2025 or within 90 days following a regulatory capital treatment event, as described in the prospectus supplement and accompanying prospectus relating to the offering.

SECURITIES

SECURITIES	3 Months Ended
SECURITIES	Mar. 31, 2023
SECURITIES
SECURITIES	6 . The following tables summarize the major categories of securities as of the dates indicated: March 31, 2023 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Securities available-for-sale: Agency notes $ 10,000 $ — $ (709) $ 9,291 Treasury securities 246,646 — (16,215) 230,431 Corporate securities 172,626 — (28,744) 143,882 Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs") 263,194 — (28,120) 235,074 Agency collateralized mortgage obligations ("CMOs") 324,394 2 (46,002) 278,394 State and municipal obligations 32,078 — (2,338) 29,740 Total securities available-for-sale $ 1,048,938 $ 2 $ (122,128) $ 926,812 March 31, 2023 Gross Gross Amortized Unrecognized Unrecognized Fair (In thousands) Cost Gains Losses Value Securities held-to-maturity: Agency notes $ 89,258 $ — $ (11,619) $ 77,639 Corporate securities 9,000 — (2,063) 6,937 Pass-through MBS issued by GSEs 290,698 123 (37,137) 253,684 Agency CMOs 216,686 16 (22,390) 194,312 Total securities held-to-maturity $ 605,642 $ 139 $ (73,209) $ 532,572 December 31, 2022 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Securities available-for-sale: Treasury securities $ 246,899 $ — $ (19,643) $ 227,256 Corporate securities 183,791 57 (17,075) 166,773 Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs") 272,774 — (31,534) 241,240 Agency collateralized mortgage obligations ("CMOs") 331,394 2 (50,057) 281,339 State and municipal obligations 37,000 — (3,021) 33,979 Total securities available-for-sale $ 1,071,858 $ 59 $ (121,330) $ 950,587 December 31, 2022 Gross Gross Amortized Unrecognized Unrecognized Fair (In thousands) Cost Gains Losses Value Securities held-to-maturity: Agency notes $ 89,157 $ — $ (14,095) $ 75,062 Corporate securities 9,000 — (553) 8,447 Pass-through MBS issued by GSEs 278,281 — (40,960) 237,321 Agency CMOs 209,360 — (24,431) 184,929 Total securities held-to-maturity $ 585,798 $ — $ (80,039) $ 505,759 There were no transfers to or from securities held-to-maturity during the three months ended March 31, 2023. The Company transfeed securities with a book value of $182.1 million from available-for-sale to held-to-maturity during the three months ended March 31, 2022. The carrying amount of securities pledged at March 31, 2023 and December 31, 2022 At March 31, 2023 and December 31, 2022, there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders' equity. The amortized cost and fair value of securities are shown by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. March 31, 2023 Amortized Fair (In thousands) Cost Value Available-for-sale Within one year $ 11,050 $ 10,679 One to five years 269,229 251,440 Five to ten years 175,926 146,950 Beyond ten years 5,145 4,275 Pass-through MBS issued by GSEs and agency CMO 587,588 513,468 Total $ 1,048,938 $ 926,812 Held-to-maturity Within one year $ — $ — One to five years 10,000 9,407 Five to ten years 88,258 75,169 Beyond ten years — — Pass-through MBS issued by GSEs and agency CMO 507,384 447,996 Total $ 605,642 $ 532,572 The following table presents the information related to sales of securities available-for-sale as of the periods indicated: Three Months Ended March 31, (In thousands) 2023 2022 Securities available-for-sale Proceeds $ 77,804 $ — Gross gains 130 — Tax expense on gains 39 — Gross losses 1,577 — Tax benefit on losses 467 — There were no sales of securities held-to-maturity during the three months ended March 31, 2023 and 2022. The following table summarizes the gross unrealized losses and fair value of securities available-for-sale aggregated by investment category and the length of time the securities were in a continuous unrealized loss position as of the dates indicated: March 31, 2023 Less than 12 12 Consecutive Consecutive Months Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized (In thousands) Value Losses Value Losses Value Losses Securities available-for-sale: Agency notes $ — $ — $ 9,291 $ 709 $ 9,291 $ 709 Treasury securities — — 230,431 16,215 230,431 16,215 Corporate securities 81,866 13,507 62,016 15,237 143,882 28,744 Pass-through MBS issued by GSEs 27,912 867 207,162 27,253 235,074 28,120 Agency CMOs 3,778 32 269,614 45,970 273,392 46,002 State and municipal obligations 2,021 29 27,719 2,309 29,740 2,338 December 31, 2022 Less than 12 12 Consecutive Consecutive Months Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized (In thousands) Value Losses Value Losses Value Losses Securities available-for-sale: Treasury securities $ — $ — $ 227,256 $ 19,643 $ 227,256 $ 19,643 Corporate securities 110,707 8,494 50,116 8,581 160,823 17,075 Pass-through MBS issued by GSEs 50,813 2,010 190,427 29,524 241,240 31,534 Agency CMOs 55,924 3,454 220,413 46,603 276,337 50,057 State and municipal obligations 10,848 174 22,681 2,847 33,529 3,021 As of March 31, 2023, none of the Company’s available-for-sale debt securities were in an unrealized loss position due to credit and therefore no allowance for credit losses on available-for-sale debt securities was required. Additionally, given the high-quality composition of the Company’s held-to-maturity portfolio, the Company did not record an allowance for credit losses on the held-to-maturity portfolio. With respect to certain classes of debt securities, primarily U.S. Treasuries and securities issued by Government Sponsored Entities, the Company considers the history of credit losses, current conditions and reasonable and supportable forecasts, which may indicate that the expectation that nonpayment of the amortized cost basis is or continues to be zero, even if the U.S. government were to technically default. Accrued interest receivable on securities totaling $4.7 million and $5.4 million at March 31, 2023 and December 31, 2022, respectively, was included in other assets in the consolidated balance sheet and excluded from the amortized cost and estimated fair value totals in the table above. Management evaluates available-for-sale debt securities in unrealized loss positions to determine whether the impairment is due to credit-related factors or noncredit-related factors. Consideration is given to (1) the extent to which the fair value is less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for any anticipated recovery in fair value. At March 31, 2023, substantially all of the securities in an unrealized loss position had a fixed interest rate and the cause of the temporary impairment was directly related to changes in interest rates. The Company generally views changes in fair value caused by changes in interest rates as temporary, which is consistent with its experience. The following major security types held by the Company are all issued by U.S. government entities and agencies and therefore either explicitly or implicitly guaranteed by the U.S. government: Agency Notes, Treasury Securities, Pass-through MBS issued by GSEs, Agency Collateralized Mortgage Obligations. Substantially all of the corporate bonds within the portfolio have maintained an investment grade rating by either Kroll, Egan-Jones, Fitch, Moody’s or Standard and Poor’s. None of the unrealized losses are related to credit losses. Substantially all of the state and municipal obligations within the portfolio have all maintained an investment grade rating by either Moody’s or Standard and Poor’s. The Company does not have the intent to sell these securities and it is more likely than not that it will not be required to sell the securities before their anticipated recovery. The issuers continue to make timely principal and interest payments on the debt. The fair value is expected to recover as the securities approach maturity.

LOANS HELD FOR INVESTMENT, NET

LOANS HELD FOR INVESTMENT, NET	3 Months Ended
LOANS HELD FOR INVESTMENT, NET	Mar. 31, 2023
LOANS HELD FOR INVESTMENT, NET
LOANS HELD FOR INVESTMENT, NET	7. The following table presents the loan categories for the period ended as indicated: (In thousands) March 31, 2023 December 31, 2022 One-to-four family residential and cooperative/condominium apartment $ 799,321 $ 773,321 Multifamily residential and residential mixed-use 4,118,439 4,026,826 Commercial real estate ("CRE") 4,510,968 4,457,630 Acquisition, development, and construction 221,015 229,663 Total real estate loans 9,649,743 9,487,440 Commercial and industrial ("C&I") 1,074,930 1,071,712 Other loans 7,172 7,679 Total 10,731,845 10,566,831 Allowance for credit losses (78,335) (83,507) Loans held for investment, net $ 10,653,510 $ 10,483,324 Included in C&I loans were Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) loans totaling $2.1 million and $5.8 million at March 31, 2023 and December 31, 2022, respectively. SBA PPP loans carry a 100% guarantee from the SBA. The following tables present data regarding the allowance for credit losses activity for the periods indicated: At or for the Three Months Ended March 31, 2023 Real Estate Loans One-to-Four Family Multifamily Residential and Residential Cooperative/ and Condominium Residential Total Real Other (In thousands) Apartment Mixed-Use CRE ADC Estate C&I Loans Total Allowance for credit losses: Beginning balance $ 5,969 $ 8,360 $ 27,329 $ 1,723 $ 43,381 $ 39,853 $ 273 $ 83,507 Provision (recovery) for credit losses 43 (747) (2,851) 792 (2,763) (834) (34) (3,631) Charge-offs — — — — — (2,029) (1) (2,030) Recoveries — — — — — 487 2 489 Ending balance $ 6,012 $ 7,613 $ 24,478 $ 2,515 $ 40,618 $ 37,477 $ 240 $ 78,335 At or for the Three Months Ended March 31, 2022 Real Estate Loans One-to-Four Family Multifamily Residential and Residential Cooperative/ and Condominium Residential Total Real Other (In thousands) Apartment Mixed-Use CRE ADC Estate C&I Loans Total Allowance for credit losses: Beginning balance $ 5,932 $ 7,816 $ 29,166 $ 4,857 $ 47,771 $ 35,331 $ 751 $ 83,853 (Recovery) provision for credit losses (1,404) (757) (521) (99) (2,781) 1,516 (389) (1,654) Charge-offs — — — — — (2,635) (3) (2,638) Recoveries — 2 — — 2 51 1 54 Ending balance $ 4,528 $ 7,061 $ 28,645 $ 4,758 $ 44,992 $ 34,263 $ 360 $ 79,615 The following tables present the amortized cost basis of loans on non-accrual status as of the periods indicated: March 31, 2023 Non-accrual with Non-accrual with (In thousands) No Allowance Allowance Reserve One-to-four family residential and cooperative/condominium apartment $ - $ 2,808 $ 138 CRE 4,659 3,409 1,010 Acquisition, development, and construction - 657 305 C&I 978 18,934 18,169 Other - 99 99 Total $ 5,637 $ 25,907 $ 19,721 December 31, 2022 Non-accrual with Non-accrual with (In thousands) No Allowance Allowance Reserve One-to-four family residential and cooperative/condominium apartment $ - $ 3,203 $ 181 CRE 4,915 3,417 1,424 Acquisition, development, and construction 657 - - C&I 503 21,443 20,685 Other - 99 99 Total $ 6,075 $ 28,162 $ 22,389 The Company did not recognize interest income on non-accrual loans held for investment during the three months ended March 31, 2023 and 2022. The following tables summarize the past due status of the Company’s investment in loans as of the dates indicated: March 31, 2023 Loans 90 Days or Total 30 to 59 60 to 89 More Past Due Past Due Days Days and Still and Total (In thousands) Past Due Past Due Accruing Interest Non-accrual Non-accrual Current Loans Real estate: One-to-four family residential, including condominium and cooperative apartment $ 6,617 $ 419 $ — $ 2,808 $ 9,844 $ 789,477 $ 799,321 Multifamily residential and residential mixed-use 3,841 — — — 3,841 4,114,598 4,118,439 CRE 4,603 716 — 8,068 13,387 4,497,581 4,510,968 Acquisition, development, and construction — — — 657 657 220,358 221,015 Total real estate 15,061 1,135 — 11,533 27,729 9,622,014 9,649,743 C&I 3,403 233 — 19,912 23,548 1,051,382 1,074,930 Other 229 3 — 99 331 6,841 7,172 Total $ 18,693 $ 1,371 $ — $ 31,544 $ 51,608 $ 10,680,237 $ 10,731,845 December 31, 2022 Loans 90 Days or Total 30 to 59 60 to 89 More Past Due Past Due Days Days and Still and Total (In thousands) Past Due Past Due Accruing Interest Non-accrual Non-accrual Current Loans Real estate: One-to-four family residential, including condominium and cooperative apartment $ 686 $ — $ — $ 3,203 $ 3,889 $ 769,432 $ 773,321 Multifamily residential and residential mixed-use 4,817 — — — 4,817 4,022,009 4,026,826 CRE 14,189 — — 8,332 22,521 4,435,109 4,457,630 Acquisition, development, and construction — — — 657 657 229,006 229,663 Total real estate 19,692 — — 12,192 31,884 9,455,556 9,487,440 C&I 3,561 741 — 21,946 26,248 1,045,464 1,071,712 Other 264 1 — 99 364 7,315 7,679 Total $ 23,517 $ 742 $ — $ 34,237 $ 58,496 $ 10,508,335 $ 10,566,831 Accruing Loans 90 Days or More Past Due: The Company did not have accruing loans 90 days or more past due as of March 31, 2023 or December 31, 2022. Collateral Dependent Loans: The Company had collateral dependent loans which were individually evaluated to determine expected credit losses as of the dates indicated: March 31, 2023 December 31, 2022 Real Estate Associated Allowance Real Estate Associated Allowance (In thousands) Collateral Dependent for Credit Losses Collateral Dependent for Credit Losses CRE $ 7,112 $ 860 $ 7,391 $ 1,297 Acquisition, development, and construction 657 305 657 - C&I 945 - 949 - Total $ 8,714 $ 1,165 $ 8,997 $ 1,297 Loan Restructurings The Company adopted ASU No. 2022-02 on January 1, 2023, which eliminates the recognition and measurement of a TDR. Due to the removal of the TDR designation, the Company applies the loan refinancing and restructuring guidance to determine whether a modification or other form of restructuring results in a new loan or a continuation of an existing loan. Loan modifications to borrowers experiencing financial difficulty that result in a direct change in the timing or amount of contractual cash flows include conditions where there is principal forgiveness, interest rate reductions, other-than-insignificant payment delays, term extensions, and/or a combinations of these modifications. The disclosures related to loan restructuring are only for modifications that directly affect cash flows. The following table shows the amortized cost basis as of March 31, 2023 of the loans modified to borrowers experiencing financial difficulty, disaggregated by loan category and type of concession granted): March 31, 2023 Term Extension % of Total Class Significant and Significant of Financing (Dollars in thousands) Payment Delay Payment Delay Total Receivable Real estate: One-to-four family residential, including condominium and cooperative apartment $ 2,850 $ — $ 2,850 0.4 % Multifamily residential and residential mixed-use — — — 0.0 CRE — — — 0.0 Acquisition, development, and construction — — — 0.0 C&I — 475 475 0.0 Other loans — — — 0.0 Total $ 2,850 $ 475 $ 3,325 0.0 % During the three months ended March 31, 2023, there was one one-to-four family residential modification which resulted in a significant payment delay. Twelve months of principal payments were deferred until maturity. Also during the three months ended March 31, 2023 there was one C&I loan modification which resulted in a term extension and a significant payment delay. The term was extended for 6 months and payments were reduced from the original contractual payment amount during the extension period. The Bank monitors the performance of loans modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table describes the performance of loans that have been modified during the quarter ended March 31, 2023. March 31, 2023 30-59 Days 60-89 Days 90+ Days (Dollars in thousands) Current Past Due Past Due Past Due Total Real estate: One-to-four family residential, including condominium and cooperative apartment $ 2,850 $ — $ — $ — $ 2,850 Multifamily residential and residential mixed-use — — — — — CRE — — — — — Acquisition, development, and construction — — — — — C&I 475 — — — 475 Other loans — — — — — Total $ 3,325 $ — $ — $ — $ 3,325 As of March 31, 2023, the Bank had no commitments to lend any additional funds on restructured loans. In addition, the Bank had no loans that defaulted during the quarter and were modified in the 12 months before default to borrowers experiencing financial difficulty. Prior to our adoption of ASU 2022-02, as of December 31, 2022, the Company had TDRs totaling $22.1 million. The Company has allocated $9.1 million of allowance for those loans at December 31, 2022, with no commitments to lend additional amounts. The following table presents the loans by category modified as TDRs that occurred during the year ended December 31, 2022. Modifications During the Year Ended December 31, 2022 Pre- Post- Modification Modification Outstanding Outstanding Number of Recorded Recorded (Dollars in thousands) Loans Investment Investment One-to-four family residential and cooperative/condominium apartment 2 $ 762 $ 762 CRE 1 991 991 Acquisition, development, and construction 1 13,500 13,500 C&I 7 21,934 21,938 Other 1 276 276 Total 12 $ 37,463 $ 37,467 Credit Quality Indicators The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit structure, loan documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying them based on credit risk. The Company uses the following definitions for risk ratings: Special Mention. Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the Bank’s credit position at some future date. Substandard. Doubtful. The following is a summary of the credit risk profile of loans by internally assigned grade as of the periods indicated, the years represent the year of origination for non-revolving loans: March 31, 2023 (In thousands) 2023 2022 2021 2020 2019 2018 and Prior Revolving Revolving-Term Total One-to-four family residential, and condominium/cooperative apartment: Pass $ 43,242 $ 223,185 $ 105,682 $ 71,817 $ 64,559 $ 223,911 $ 36,080 $ 14,027 $ 782,503 Special mention — — — — — 765 159 1,140 2,064 Substandard — — 947 1,021 1,226 10,612 — 949 14,754 Doubtful — — — — — — — — — Total one-to-four family residential, and condominium/cooperative apartment 43,242 223,185 106,629 72,838 65,785 235,288 36,239 16,116 799,321 YTD Gross Charge-Offs — — — — — — — — — Multifamily residential and residential mixed-use: Pass 137,533 1,378,920 596,720 295,172 396,885 1,182,588 11,981 4,364 4,004,163 Special mention — — 4,269 18,190 14,149 19,272 — — 55,880 Substandard — — — 10,766 — 47,630 — — 58,396 Doubtful — — — — — — — — — Total multifamily residential and residential mixed-use 137,533 1,378,920 600,989 324,128 411,034 1,249,490 11,981 4,364 4,118,439 YTD Gross Charge-Offs — — — — — — — — — CRE: Pass 168,749 1,015,122 848,614 684,193 496,165 1,136,286 29,949 23,247 4,402,325 Special mention — 2,812 — 47,905 4,630 27,888 — — 83,235 Substandard — — 151 4,536 7,496 13,225 — — 25,408 Doubtful — — — — — — — — — Total CRE 168,749 1,017,934 848,765 736,634 508,291 1,177,399 29,949 23,247 4,510,968 YTD Gross Charge-Offs — — — — — — — — — Acquisition, development, and construction: Pass — 42,427 136,430 7,647 15,744 609 17,233 268 220,358 Special mention — — — — — — — — — Substandard — — 657 — — — — — 657 Doubtful — — — — — — — — — Total acquisition, development, and construction: — 42,427 137,087 7,647 15,744 609 17,233 268 221,015 YTD Gross Charge-Offs — — — — — — — — — C&I: Pass 20,080 178,348 34,507 36,036 32,375 50,334 618,596 18,915 989,191 Special mention — 3,432 624 1,467 1,371 2,031 15,142 6,286 30,353 Substandard 98 5,454 1,133 4,858 2,718 10,536 12,382 9,066 46,245 Doubtful — — — — 8,332 809 — — 9,141 Total C&I 20,178 187,234 36,264 42,361 44,796 63,710 646,120 34,267 1,074,930 YTD Gross Charge-Offs — — — 38 — 1,991 — — 2,029 Total: Pass 369,604 2,838,002 1,721,953 1,094,865 1,005,728 2,593,728 713,839 60,821 10,398,540 Special mention — 6,244 4,893 67,562 20,150 49,956 15,301 7,426 171,532 Substandard 98 5,454 2,888 21,181 11,440 82,003 12,382 10,015 145,460 Doubtful — — — — 8,332 809 — — 9,141 Total Loans $ 369,702 $ 2,849,700 $ 1,729,734 $ 1,183,608 $ 1,045,650 $ 2,726,496 $ 741,522 $ 78,262 $ 10,724,673 YTD Gross Charge-Offs — — — 38 — 1,991 — — 2,029 December 31, 2022 (In thousands) 2022 2021 2020 2019 2018 2017 and Prior Revolving Revolving-Term Total One-to-four family residential, and condominium/cooperative apartment: Pass $ 225,031 $ 108,185 $ 72,732 $ 65,515 $ 66,038 $ 164,338 $ 41,172 $ 12,563 $ 755,574 Special mention — — — — 735 1,175 579 726 3,215 Substandard — — 1,026 1,227 407 10,779 — 1,093 14,532 Doubtful — — — — — — — — — Total one-to-four family residential, and condominium/cooperative apartment 225,031 108,185 73,758 66,742 67,180 176,292 41,751 14,382 773,321 YTD Gross Charge-Offs — — — — — — — — — Multifamily residential and residential mixed-use: Pass 1,386,549 582,393 316,424 395,933 127,074 1,107,281 12,584 — 3,928,238 Special mention — — — 11,183 — 14,168 — — 25,351 Substandard — — 12,294 7,001 20,311 33,631 — — 73,237 Doubtful — — — — — — — — — Total multifamily residential and residential mixed-use 1,386,549 582,393 328,718 414,117 147,385 1,155,080 12,584 — 4,026,826 YTD Gross Charge-Offs — — — — — — — — — CRE: Pass 1,021,622 854,240 753,552 510,332 308,265 868,099 34,362 24,767 4,375,239 Special mention 2,864 — 19,655 4,653 14,372 15,478 — — 57,022 Substandard — 151 4,550 7,947 1,131 11,590 — — 25,369 Doubtful — — — — — — — — — Total CRE 1,024,486 854,391 777,757 522,932 323,768 895,167 34,362 24,767 4,457,630 YTD Gross Charge-Offs — — — — — — — — — Acquisition, development, and construction: Pass 36,877 152,543 11,242 15,943 — 2,087 10,033 281 229,006 Special mention — — — — — — — — — Substandard — 657 — — — — — — 657 Doubtful — — — — — — — — — Total acquisition, development, and construction: 36,877 153,200 11,242 15,943 — 2,087 10,033 281 229,663 YTD Gross Charge-Offs — — — — — — — — — C&I: Pass 175,347 36,511 42,103 37,030 20,628 33,343 628,560 22,239 995,761 Special mention 3,770 — 894 1,529 1,521 843 9,062 478 18,097 Substandard 5,242 1,244 5,364 2,968 970 10,232 11,290 9,412 46,722 Doubtful — — — 8,332 752 2,048 — — 11,132 Total C&I 184,359 37,755 48,361 49,859 23,871 46,466 648,912 32,129 1,071,712 YTD Gross Charge-Offs — 477 4,720 2,088 — 2,414 1,460 242 11,401 Total: Pass 2,845,426 1,733,872 1,196,053 1,024,753 522,005 2,175,148 726,711 59,850 10,283,818 Special mention 6,634 — 20,549 17,365 16,628 31,664 9,641 1,204 103,685 Substandard 5,242 2,052 23,234 19,143 22,819 66,232 11,290 10,505 160,517 Doubtful — — — 8,332 752 2,048 — — 11,132 Total Loans $ 2,857,302 $ 1,735,924 $ 1,239,836 $ 1,069,593 $ 562,204 $ 2,275,092 $ 747,642 $ 71,559 $ 10,559,152 YTD Gross Charge-Offs — 477 4,720 2,088 — 2,414 1,460 242 11,401 For other loans, the Company evaluates credit quality based on payment activity. Other loans that are 90 days or more past due are placed on non-accrual status, while all remaining other loans are classified and evaluated as performing. The following is a summary of the credit risk profile of other loans by internally assigned grade: (In thousands) March 31, 2023 December 31, 2022 Performing $ 7,073 $ 7,580 Non-accrual 99 99 Total $ 7,172 $ 7,679

LEASES

LEASES	3 Months Ended
LEASES	Mar. 31, 2023
LEASES
LEASES	8 . Maturities of the Company’s operating lease liabilities at March 31, 2023 are as follows: Rent to be (In thousands) Capitalized 2023 $ 9,122 2024 12,115 2025 11,912 2026 11,225 2027 9,240 Thereafter 9,991 Total undiscounted lease payments 63,605 Less amounts representing interest (3,848) Operating lease liabilities $ 59,757 Other information related to the Company’s operating leases was as follows: Three Months Ended March 31, (In thousands) 2023 2022 Operating lease cost $ 3,141 $ 3,262 Cash paid for amounts included in the measurement of operating lease liabilities 3,071 2,924 March 31, December 31, 2023 2022 Weighted average remaining lease term 5.7 years 5.9 years Weighted average discount rate 2.12 % 2.03 %

DERIVATIVES AND HEDGING ACTIVIT

DERIVATIVES AND HEDGING ACTIVITIES	3 Months Ended
DERIVATIVES AND HEDGING ACTIVITIES	Mar. 31, 2023
DERIVATIVES AND HEDGING ACTIVITIES
DERIVATIVES AND HEDGING ACTIVITIES	9. 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 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 and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s loan portfolio. The Company’s objectives in using interest rate derivatives are 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. The Company engages in both cash flow hedges and freestanding derivatives. Cash Flow Hedges Cash flow hedges 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 exchange of the underlying notional amount. The Company uses these types of derivatives to hedge the variable cash flows associated with existing or forecasted issuances of short-term borrowings. For derivatives designated and that qualify as cash flow hedges of interest rate risk, the gain or loss on the derivative is recorded in accumulated other comprehensive income (loss) and subsequently reclassified into interest expense in the same periods during which the hedged transaction affects earnings. 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 debt. During the next twelve months, the Company estimates that an additional $6.1 million will be reclassified as a decrease to interest expense. During the three months ended March 31, 2023, the Company did not terminate any derivatives. During the three months ended March 31, 2022, the Company did not terminate any derivatives. The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated statements of financial condition as of the dates indicated. March 31, 2023 December 31, 2022 Notional Fair Value Fair Value Notional Fair Value Fair Value (Dollars in thousands) Count Amount Assets Liabilities Count Amount Assets Liabilities Included in derivative assets/(liabilities): Interest rate swaps related to FHLBNY advances 4 $ 150,000 $ 14,726 $ — 4 $ 150,000 $ 17,150 $ — The table below presents the effect of the cash flow hedge accounting on accumulated other comprehensive income (loss) for the periods indicated: Three Months Ended March 31, (In thousands) 2023 2022 (Loss) gain recognized in other comprehensive income (loss) $ (2,111) $ 6,852 Gain (loss) recognized on termination of derivatives — — Gain (loss) reclassified from other comprehensive income into interest expense 313 (31) All cash flow hedges are recorded gross on the balance sheet. The cash flow hedges involve derivative agreements with third-party counterparties that contain provisions requiring the Company to post cash collateral if the derivative exposure exceeds a threshold amount and receive collateral for agreements in a net asset position. As of March 31, 2023 and December 31, 2022, the Company did not post collateral to the third-party counterparties. As of March 31, 2023, the Company received $16.0 million in collateral from its third-party counterparties under the agreements in a net asset position. As of December 31, 2022, the Company received $17.8 million in collateral from its third-party counterparties. Freestanding Derivatives The Company maintains an interest-rate risk protection program for its loan portfolio in order to offer loan level derivatives with certain borrowers and to generate loan level derivative income. The Company enters into interest rate swap or interest rate floor agreements with borrowers. These interest rate derivatives are designed such that the borrower synthetically attains a fixed-rate loan, while the Company receives floating rate loan payments. The Company offsets the loan level interest rate swap exposure by entering into an offsetting interest rate swap or interest rate floor with an unaffiliated and reputable bank counterparty. These interest rate derivatives do not qualify as designated hedges, under ASU 815; therefore, each interest rate derivative is accounted for as a freestanding derivative. The notional amounts of the interest rate derivatives do not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate derivative agreements. The following tables reflect freestanding derivatives included in the consolidated statements of financial condition as of the dates indicated: March 31, 2023 Notional Fair Value Fair Value (In thousands) Count Amount Assets Liabilities Included in derivative assets/(liabilities): Loan level interest rate swaps with borrower 14 $ 256,325 $ 10,049 $ — Loan level interest rate swaps with borrower 181 1,161,586 — 99,582 Loan level interest rate floors with borrower 39 294,537 — 5,937 Loan level interest rate swaps with third-party counterparties 14 256,325 — 10,049 Loan level interest rate swaps with third-party counterparties 181 1,161,586 99,582 — Loan level interest rate floors with third-party counterparties 39 294,537 5,937 — December 31, 2022 Notional Fair Value Fair Value (In thousands) Count Amount Assets Liabilities Included in derivative assets/(liabilities): Loan level interest rate swaps with borrower 3 $ 53,311 $ 1,524 $ — Loan level interest rate swaps with borrower 185 1,214,736 — 126,751 Loan level interest rate floors with borrower 40 326,309 — 9,060 Loan level interest rate swaps with third-party counterparties 3 53,311 — 1,524 Loan level interest rate swaps with third-party counterparties 185 1,214,736 126,751 — Loan level interest rate floors with third-party counterparties 40 326,309 9,060 — Loan level derivative income is recognized on the mark-to-market of the interest rate swap as a fair value adjustment at the time the transaction is closed. Total loan level derivative income is included in non-interest income as follows: Three Months Ended March 31, (In thousands) 2023 2022 Loan level derivative income $ 3,133 $ 6 The interest rate swap product with the borrower is cross collateralized with the underlying loan and, therefore, there is no posted collateral. Certain interest rate swap agreements with third-party counterparties contain provisions that require the Company to post collateral if the derivative exposure exceeds a threshold amount and receive collateral for agreements in a net asset position. As of March 31, 2023 and December 31, 2022, the Company did not post collateral to its third-party counterparties. As of March 31, 2023, the Company received $104.7 million in collateral from its third-party counterparties under the agreements in a net asset position. As of December 31, 2022, the Company received $135.3 million in collateral from its third-party counterparties under the agreements in a net asset position. Risk Participation Agreements The Company enters into risk participation agreements to manage economic risks but does not designate the instruments in hedge relationships. As of March 31, 2023 and December 31, 2022, the notional amounts of risk participation agreements for derivative liabilities were $94.3 million and $71.1 million, respectively. The related fair values of the Company’s risk participation agreements were immaterial as of March 31, 2023 and December 31, 2022. Credit Risk Related Contingent Features The Company’s agreements with each of its derivative counterparties state that if the Company defaults on any of its indebtedness, it could also be declared in default on its derivative obligations and could be required to terminate its derivative positions with the counterparty. The Company’s agreements with certain of its derivative counterparties state that if the Bank fails to maintain its status as a well-capitalized institution, the Bank could be required to terminate its derivative positions with the counterparty. For derivatives in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk, any breach of the above provisions by the Company may require settlement of its obligations under the agreements at the termination value with the respective counterparty. As of March 31, 2023, there were no derivatives in a net liability position, and therefore the termination value was zero. There were no provisions breached for the three months ended March 31, 2023.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
FAIR VALUE OF FINANCIAL INSTRUMENTS	Mar. 31, 2023
FAIR VALUE OF FINANCIAL INSTRUMENTS
FAIR VALUE OF FINANCIAL INSTRUMENTS	10. Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 Inputs Level 2 Inputs e.g. Level 3 Inputs – Assets and Liabilities Measured at Fair Value on a Recurring Basis Securities The Company’s available-for-sale securities are reported at fair value, which were determined utilizing prices obtained from independent parties. The valuations obtained are based upon market data, and often utilize evaluated pricing models that vary by asset and incorporate available trade, bid and other market information. For securities that do not trade on a daily basis, pricing applications apply available information such as benchmarking and matrix pricing. The market inputs normally sought in the evaluation of securities include benchmark yields, reported trades, broker/dealer quotes (obtained only from market makers or broker/dealers recognized as market participants), issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data. For certain securities, additional inputs may be used or some market inputs may not be applicable. Prioritization of inputs may vary on any given day based on market conditions. All MBS, CMOs, treasury securities, and agency notes are guaranteed either implicitly or explicitly by GSEs as of March 31, 2023 and December 31, 2022. In accordance with the Company’s investment policy, corporate securities are rated "investment grade" at the time of purchase and the financials of the issuers are reviewed quarterly. Obtaining market values as of March 31, 2023 and December 31, 2022 for these securities utilizing significant observable inputs was not difficult due to their liquid nature. Derivatives Derivatives represent interest rate swaps and estimated fair values are based on valuation models using observable market data as of the measurement date. The following tables present financial assets and liabilities measured at fair value on a recurring basis as of the dates indicated, segmented by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value Measurements at March 31, 2023 Using Level 1 Level 2 Level 3 (In thousands) Total Inputs Inputs Inputs Financial Assets: Securities available-for-sale: Agency notes $ 9,291 $ — $ 9,291 $ — Treasury securities 230,431 — 230,431 — Corporate securities 143,882 — 143,882 — Pass-through MBS issued by GSEs 235,074 — 235,074 — Agency CMOs 278,394 — 278,394 — State and municipal obligations 29,740 — 29,740 — Derivative – cash flow hedges 14,726 — 14,726 — Derivative – freestanding derivatives, net 115,568 — 115,568 — Financial Liabilities: Derivative – freestanding derivatives, net 115,568 — 115,568 — Fair Value Measurements at December 31, 2022 Using Level 1 Level 2 Level 3 (In thousands) Total Inputs Inputs Inputs Financial Assets: Securities available-for-sale: Treasury securities $ 227,256 $ — $ 227,256 $ — Corporate securities 166,773 — 166,773 — Pass-through MBS issued by GSEs 241,240 — 241,240 — Agency CMOs 281,339 — 281,339 — State and municipal obligations 33,979 — 33,979 — Derivative – cash flow hedges 17,150 — 17,150 — Derivative – freestanding derivatives, net 137,335 — 137,335 — Financial Liabilities: Derivative – freestanding derivatives, net 137,335 — 137,335 — Assets and Liabilities Measured at Fair Value on a Non-recurring Basis Certain financial assets and financial liabilities are measured at fair value on a non-recurring basis. That is, they are subject to fair value adjustments in certain circumstances. Financial assets measured at fair value on a non-recurring basis include certain individually evaluated loans (or impaired loans prior to the adoption of ASC 326) reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. March 31, 2023 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Individually evaluated loans $ 1,945 $ — $ — $ 1,945 December 31, 2022 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Individually evaluated loans $ 1,179 $ — $ — $ 1,179 Individually evaluated loans with an allowance for credit losses at March 31, 2023 had a carrying amount of $1.9 million, which is made up of the outstanding balance of $3.1 million, net of a valuation allowance of $1.2 million. Collateral dependent individually analyzed loans as of March 31, 2023 resulted in a credit loss recovery of $132 thousand, which is included in the amounts reported in the consolidated statements of income for the three months ended March 31, 2023. Individually evaluated loans with an allowance for credit losses at December 31, 2022 had a carrying amount of $1.2 million, which is made up of the outstanding balance of $2.5 million, net of a valuation allowance of $1.3 million. Financial Instruments Not Measured at Fair Value The following tables present the carrying amounts and estimated fair values of financial instruments other than those measured at fair value on either a recurring or nonrecurring basis for the dates indicated, segmented by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value Measurements at March 31, 2023 Using Carrying Level 1 Level 2 Level 3 (In thousands) Amount Inputs Inputs Inputs Total Financial Assets: Cash and due from banks $ 663,132 $ 663,132 $ — $ — $ 663,132 Securities held-to-maturity 605,642 — 532,572 — 532,572 Loans held for investment, net 10,651,565 — — 10,123,743 10,123,743 Accrued interest receivable 49,926 — 5,505 44,421 49,926 Financial Liabilities: Savings, money market and checking accounts 9,050,968 9,050,968 — — 9,050,968 Certificates of Deposits ("CDs") 1,519,267 — 1,503,948 — 1,503,948 FHLBNY advances 1,498,000 — 1,502,366 — 1,502,366 Subordinated debt, net 200,261 — 164,461 — 164,461 Other short-term borrowings 2,068 2,068 — — 2,068 Accrued interest payable 12,842 — 12,842 — 12,842 Fair Value Measurements at December 31, 2022 Using Carrying Level 1 Level 2 Level 3 (In thousands) Amount Inputs Inputs Inputs Total Financial Assets: Cash and due from banks $ 169,297 $ 169,297 $ — $ — $ 169,297 Securities held-to-maturity 585,798 — 505,759 — 505,759 Loans held for investment, net 10,482,145 — — 10,005,121 10,005,121 Accrued interest receivable 48,561 — 6,105 42,456 48,561 Financial Liabilities: Savings, money market and checking accounts 9,139,043 9,139,043 — — 9,139,043 CDs 1,115,364 — 1,096,808 — 1,096,808 FHLBNY advances 1,131,000 — 1,131,217 — 1,131,217 Subordinated debt, net 200,283 — 180,583 — 180,583 Other short-term borrowings 1,360 1,360 — — 1,360 Accrued interest payable 5,323 — 5,323 — 5,323

OTHER INTANGIBLE ASSETS

OTHER INTANGIBLE ASSETS	3 Months Ended
OTHER INTANGIBLE ASSETS	Mar. 31, 2023
OTHER INTANGIBLE ASSETS
OTHER INTANGIBLE ASSETS	11. The following table presents the carrying amount and accumulated amortization of intangible assets that are amortizable. March 31, 2023 December 31, 2022 Core Deposit Non-compete Core Deposit Non-compete (In thousands) Intangibles Agreement Total Intangibles Agreement Total Gross carrying value $ 10,204 $ 780 $ 10,984 $ 10,204 $ 780 $ 10,984 Accumulated amortization (4,097) (780) (4,877) (3,720) (780) (4,500) Net carrying amount $ 6,107 $ - $ 6,107 $ 6,484 $ - $ 6,484 Amortization expense recognized on intangible assets was $377 thousand and $586 thousand for the three months ended March 31, 2023 and 2022, respectively. Estimated amortization expense for the remainder of 2023 through 2027 and thereafter is as follows: (In thousands) Total 2023 1,048 2024 1,163 2025 958 2026 795 2027 664 Thereafter 1,479 Total $ 6,107

FHLBNY ADVANCES

FHLBNY ADVANCES	3 Months Ended
FHLBNY ADVANCES	Mar. 31, 2023
FHLBNY ADVANCES
FHLBNY ADVANCES	12. The Bank had borrowings from the FHLBNY (“Advances”) totaling $1.50 billion and $1.13 billion at March 31, 2023 and December 31, 2022, respectively, all of which were fixed rate. The average interest rate on outstanding FHLBNY Advances was 5.04% and 4.55% at March 31, 2023 and December 31, 2022, respectively. In accordance with its Advances, Collateral Pledge and Security Agreement with the FHLBNY, the Bank was eligible to borrow up to $4.45 billion as of March 31, 2023 and $4.13 billion as of December 31, 2022, and maintained sufficient qualifying collateral, as defined by the FHLBNY. At March 31, 2023 there were no callable Advances. The Company did not have extinguishment of debt during the three months ended March 31, 2023 or 2022. The following tables present the contractual maturities and weighted average interest rates of FHLBNY advances for each of the next five years. There were no FHLBNY advances with an overnight contractual maturity at March 31, 2023 or December 31, 2022. As of March 31, 2023 there were $800.0 million of FHLBNY advances with contractual maturities during 2023 and $698.0 million of FHLBNY advances with contractual maturities after 2023. As of December 31, 2022, there were $1.10 billion of FHLBNY advances with contractual maturities during 2023 and $36.0 million of FHLBNY advances with contractual maturities after 2022: March 31, 2023 (Dollars in thousands) Weighted Contractual Maturity Amount Average Rate 2023, fixed rate at rates from 4.82% to 5.31% $ 800,000 5.13 2024, fixed rate at rates from 4.85% to 5.16% 650,000 5.00 2027, fixed rate at 4.25% 36,000 4.25 2028, fixed rate at 4.04% 12,000 4.04 Total FHLBNY advances $ 1,498,000 5.04 % December 31, 2022 (Dollars in thousands) Weighted Contractual Maturity Amount Average 2023, fixed rate at rates from 3.85% to 4.75% $ 1,095,000 4.56 % 2027, fixed rate at 4.25% 36,000 4.25 Total FHLBNY advances $ 1,131,000 4.55 %

SUBORDINATED DEBENTURES

SUBORDINATED DEBENTURES	3 Months Ended
SUBORDINATED DEBENTURES	Mar. 31, 2023
SUBORDINATED DEBENTURES.
SUBORDINATED DEBENTURES	13. On May 6, 2022, the Company issued $160.0 million aggregate principal amount of fixed-to-floating rate subordinated notes due 2032 (“the Notes”). The Notes are callable at par after five years The Company used the net proceeds of the offering for the repayment of $115.0 million of the Company’s 4.50% fixed-to-floating rate subordinated notes due 2027 on June 15, 2022, and $40.0 million of the Company’s 5.25% fixed-to-floating rate subordinated debentures due 2025 on June 30, 2022. The repayment of the subordinated notes due 2027 resulted in a pre-tax write-off of debt issuance costs of $740 thousand, which was recognized in loss on extinguishment of debt in non-interest expense. The subordinated debentures totaled $200.3 million at March 31, 2023 and $200.3 million at December 31, 2022. Interest expense related to the subordinated debentures was $2.6 million and $2.2 million during the three months ended March 31, 2023 and 2022, respectively. The subordinated debentures are included in tier 2 capital (with certain limitations applicable) under current regulatory guidelines and interpretations.

RETIREMENT AND POSTRETIREMENT P

RETIREMENT AND POSTRETIREMENT PLANS	3 Months Ended
RETIREMENT AND POSTRETIREMENT PLANS	Mar. 31, 2023
RETIREMENT AND POSTRETIREMENT PLANS
RETIREMENT AND POSTRETIREMENT PLANS	14. The Bank maintains two noncontributory pension plans that existed before the Merger: (i) the Retirement Plan of Dime Community Bank (“Employee Retirement Plan”) and (ii) the BNB Bank Pension Plan, covering all eligible employees. Employee Retirement Plan The Bank sponsors the Employee Retirement Plan, a tax-qualified, noncontributory, defined-benefit retirement plan. Prior to April 1, 2000, substantially all full-time employees of at least 21 years of age were eligible for participation after one year of service. Effective April 1, 2000, the Bank froze all participant benefits under the Employee Retirement Plan. BNB Bank Pension Plan During 2012, Bridge amended the BNB Bank Pension Plan by revising the formula for determining benefits effective January 1, 2013, except for certain grandfathered Bridge employees. Additionally, new Bridge employees hired on or after October 1, 2012 were not eligible for the BNB Bank Pension Plan. The following table represents the components of net periodic benefit (credit) cost included in other non-interest expense, except for service cost which is reported in salaries and employee benefits expense, in the consolidated statements of income. Net expenses associated with these plans were comprised of the following components: Three Months Ended March 31, 2023 2022 BNB Bank Employee BNB Bank Employee (In thousands) Pension Plan Retirement Plan Pension Plan Retirement Plan Service cost $ 175 $ — $ 268 $ — Interest cost 330 223 195 155 Expected return on assets (687) (383) (858) (490) Amortization of unrealized loss — 148 — 62 Net periodic credit $ (182) $ (12) $ (395) $ (273) There were no contributions to the BNB Bank Pension Plan or the Employee Retirement Plan for the three months ended March 31, 2023. 401(k) Plan The Company maintains a 401(k) Plan (the “401(k) Plan”) that existed before the Merger. The 401(k) Plan covers substantially all current employees. Newly hired employees are automatically enrolled in the plan on the first day of the month following the 60 th

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
STOCK-BASED COMPENSATION	Mar. 31, 2023
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION	15. In May 2021, the Company’s shareholders approved the Dime Community Bancshares, Inc. 2021 Equity Incentive Plan (the “2021 Equity Incentive Plan”) to provide the Company with sufficient equity compensation to meet the objectives of appropriately incentivizing its officers, other employees, and directors to execute our strategic plan to build shareholder value, while providing appropriate shareholder protections. The Company no longer makes grants under the Legacy Stock Plans. Awards outstanding under the Legacy Stock Plans will continue to remain outstanding and subject to the terms and conditions of the Legacy Stock Plans. At March 31, 2023, there were 673,756 shares reserved for issuance under the 2021 Equity Incentive Plan. Stock Option Awards The following table presents a summary of activity related to stock options granted under the Legacy Stock Plans, and changes during the period then ended: Weighted- Average Aggregate Weighted- Remaining Intrinsic Number of Average Exercise Contractual Value Options Price Years (In thousands) Options outstanding at January 1, 2023 92,137 $ 35.39 6.2 — Options exercised — — Options forfeited — — Options outstanding at March 31, 2023 92,137 $ 35.39 6.0 $ — Options vested and exercisable at March 31, 2023 92,137 $ 35.39 6.0 $ — Information related to stock options during each period is as follows: Three Months Ended March 31, (In thousands) 2023 2022 Cash received for option exercise cost $ — $ — Income tax (expense) benefit recognized on stock option exercises — — Intrinsic value of options exercised — — The range of exercise prices and weighted-average remaining contractual lives of both outstanding and vested options (by option exercise cost) as of March 31, 2023 were as follows: Outstanding Options Vested Options Weighted Weighted Average Average Contractual Contractual Years Years Amount Remaining Amount Remaining Exercise Prices: $34.87 35,671 6.9 35,671 6.9 $35.35 32,079 5.9 32,079 5.9 $36.19 24,387 4.9 24,387 4.9 Total 92,137 6.0 92,137 6.0 Restricted Stock Awards The Company has made RSA grants to outside Directors and certain officers under the Legacy Stock Plans and the 2021 Equity Incentive Plan. Typically, awards to outside Directors fully vest on the first anniversary of the grant date, while awards to officers vest over a pre-determined requisite period. All awards were made at the fair value of the Company’s common stock on the grant date. Compensation expense on all RSAs is based upon the fair value of the shares on the respective dates of the grant. The following table presents a summary of activity related to the RSAs granted, and changes during the period then ended: Weighted- Average Number of Grant-Date Shares Fair Value Unvested allocated shares outstanding at January 1, 2023 350,758 $ 28.63 Shares granted 195,437 26.40 Shares vested (92,897) 27.46 Shares forfeited (1,284) 27.29 Unvested allocated shares outstanding at March 31, 2023 452,014 $ 27.91 Information related to RSAs during each period is as follows: Three Months Ended March 31, (Dollars in thousands) 2023 2022 Compensation expense recognized $ 1,058 $ 1,024 Income tax (expense) benefit recognized on vesting of RSAs (13) 329 As of March 31, 2023, there was $10.2 million of total unrecognized compensation cost related to unvested RSAs to be recognized over a weighted-average period of 2.2 years. Performance-Based Share Awards The Company maintains a long-term incentive award program (“LTIP”) for certain officers, which meets the criteria for equity-based accounting. For each award, threshold (50% of target), target (100% of target) and stretch (150% of target) opportunities are eligible to be earned over a three-year performance period based on the Company’s relative performance on certain goals that were established at the onset of the performance period and cannot be altered subsequently. Shares of common stock are issued on the grant date and held as unvested stock awards until the end of the performance period. Shares are issued at the stretch opportunity in order to ensure that an adequate number of shares are allocated for shares expected to vest at the end of the performance period. Compensation expense on PSAs is based upon the fair value of the shares on the date of the grant for the expected aggregate share payout as of the period end. The following table presents a summary of activity related to the PSAs granted, and changes during the period then ended: Weighted- Average Number of Grant-Date Shares Fair Value Maximum aggregate share payout at January 1, 2023 95,831 $ 30.35 Shares granted 92,187 16.97 Maximum aggregate share payout at March 31, 2023 188,018 $ 23.79 Minimum aggregate share payout — — Expected aggregate share payout 157,468 $ 22.58 Information related to PSAs during each period is as follows: Three Months Ended March 31, (In thousands) 2023 2022 Compensation expense recognized $ 245 $ 195 Income tax expense recognized on vesting of PSAs (15) — As of March 31, 2023, there was $2.4 million of total unrecognized compensation cost related to unvested PSAs based on the expected aggregate share payout to be recognized over a weighted-average period of 2.2 years.

INCOME TAXES

INCOME TAXES	3 Months Ended
INCOME TAXES	Mar. 31, 2023
INCOME TAXES
INCOME TAXES	16. During the three months ended March 31, 2023 and 2022, the Company’s consolidated effective tax rates were 26.8% and 28.1%, respectively. There were no significant unusual income tax items during the three months ended March 31, 2022.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	3 Months Ended
BASIS OF PRESENTATION (Policies)	Mar. 31, 2023
BASIS OF PRESENTATION
Risks and Uncertainties	Risks and Uncertainties The COVID-19 pandemic caused significant economic dislocation in the United States. Certain industries were particularly hard-hit, including the travel and hospitality industry, the restaurant industry and the retail industry. Additionally, the spread of COVID-19 temporarily caused us to modify our business practices, including placing restrictions on employee travel and implementing remote work practices. As a result of the COVID-19 pandemic or any other public health emergency, and related governmental responses to any outbreak, we may be subject to the following risks, any of which could have a material, adverse effect on our business, financial condition, liquidity, or results of operations: demand for our products and services may decline; if consumer and business activities are restricted, loan delinquencies, problem assets, and foreclosures may increase, resulting in increased charges and reduced income; collateral for loans, especially real estate, may decline in value, which could increase loan losses; our allowance for credit losses may have to be increased if borrowers experience financial difficulties; a material decrease in net income or a net loss over several quarters could affect our ability to pay cash dividends; cyber security risks may be increased as the result of an increase in the number of employees working remotely; critical services provided by third-party vendors may become unavailable; and the Company may experience unanticipated unavailability or loss of key employees, harming our ability to execute our business strategy. It is possible that there will be continued material, adverse impacts to significant estimates, asset valuations, and business operations, including intangible assets, investments, loans, deferred tax assets, and derivative counterparty risk.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Mar. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Operations and Principles of Consolidation	In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments necessary for a fair presentation of the Company’s financial condition as of March 31, 2023 and December 31, 2022, the results of operations and statements of comprehensive income for the three months ended March 31, 2023 and 2022, the changes in stockholders’ equity for the three months ended March 31, 2023 and 2022, and cash flows for the three months ended March 31, 2023 and 2022.
Risks and Uncertainties	Risks and Uncertainties The COVID-19 pandemic caused significant economic dislocation in the United States. Certain industries were particularly hard-hit, including the travel and hospitality industry, the restaurant industry and the retail industry. Additionally, the spread of COVID-19 temporarily caused us to modify our business practices, including placing restrictions on employee travel and implementing remote work practices. As a result of the COVID-19 pandemic or any other public health emergency, and related governmental responses to any outbreak, we may be subject to the following risks, any of which could have a material, adverse effect on our business, financial condition, liquidity, or results of operations: demand for our products and services may decline; if consumer and business activities are restricted, loan delinquencies, problem assets, and foreclosures may increase, resulting in increased charges and reduced income; collateral for loans, especially real estate, may decline in value, which could increase loan losses; our allowance for credit losses may have to be increased if borrowers experience financial difficulties; a material decrease in net income or a net loss over several quarters could affect our ability to pay cash dividends; cyber security risks may be increased as the result of an increase in the number of employees working remotely; critical services provided by third-party vendors may become unavailable; and the Company may experience unanticipated unavailability or loss of key employees, harming our ability to execute our business strategy. It is possible that there will be continued material, adverse impacts to significant estimates, asset valuations, and business operations, including intangible assets, investments, loans, deferred tax assets, and derivative counterparty risk.
Adoption of New Accounting Standards	Adoption of Recent Accounting Standards ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging-Portfolio Layer Method On March 28, 2022, the Financial Accounting Standards Board issued Accounting Standards Update (ASU) 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging – Portfolio Layer Method. The purpose of this updated guidance is to further align risk management objectives with hedge accounting results on the application of the last-of-layer method, which was first introduced in ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2022-01 is effective for public business entities for fiscal years beginning after December 15, 2022, with early adoption in the interim period, permitted. For entities who have already adopted ASU 2017-12, immediate adoption is allowed. The Company adopted this ASU on January 1, 2023, on a prospective basis; therefore, there was no impact to the consolidated financial statements. ASU 2022-02, Financial Instruments-Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures ASU 2022-02 eliminates troubled debt restructuring (“TDR”) recognition and measurement guidance and, instead, requires that an entity evaluate whether the modification represents a new loan or a continuation of an existing loan. ASU 2022-02 enhances existing disclosure requirements and introduces new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. For entities that have adopted the amendments of ASU 2016-13, the amendments in ASU 2022-02 are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. This ASU is effective for the Company on January 1, 2023. The Company adopted ASU 2022-02 on its effective date using the modified retrospective method. The adoption of ASU 2022-02 did not have a material impact on the Company's consolidated financial statements. Standards That Have Not Yet Been Adopted ASU 2020-04, Reference Rate Reform (Topic 848) ASU 2020-04 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. ASU 2020-04 also provides numerous optional expedients for derivative accounting. ASU 2020-04 is effective March 12, 2020 through December 31, 2022. Once optional expedients are elected, the amendments in this ASU must be applied prospectively for all eligible contract modifications for that Topic or Industry Subtopic within the Codification. We are evaluating the impact of ASU 2020-04 and expect the LIBOR transition will not have a material effect on the Company's consolidated financial statements. ASU 2021-01, Reference Rate Reform (Topic 848): Scope ASU 2021-01 clarifies that all derivative instruments affected by changes to the interest rates used for discounting, margining, or contract price alignment due to reference rate reform are in the scope of ASC 848. Entities may apply certain optional expedients in ASC 848 to derivative instruments that do not reference LIBOR or another rate expected to be discontinued as a result of reference rate reform if there is a change to the interest rate used for discounting, margining or contract price alignment. ASU 2021-01 is effective upon issuance and generally can be applied through December 31, 2022. The adoption of ASU 2021-01 is not expected to have a material effect on the Company's consolidated financial statements.

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	3 Months Ended
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	Mar. 31, 2023
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS).
Activity in Accumulated Other Comprehensive (loss) income, Net of Tax	Activity in accumulated other comprehensive (loss) income, net of tax, was as follows: Total Accumulated Defined Other Benefit Comprehensive (In thousands) Securities Plans Derivatives Income (Loss) Balance as of January 1, 2023 $ (100,870) $ (5,266) $ 11,757 $ (94,379) Other comprehensive (loss) income before reclassifications (4,313) 155 (1,172) (5,330) Amounts reclassified from accumulated other comprehensive loss 1,551 (260) (220) 1,071 Net other comprehensive (loss) income during the period (2,762) (105) (1,392) (4,259) Balance as of March 31, 2023 $ (103,632) $ (5,371) $ 10,365 $ (98,638) Balance as of January 1, 2022 $ (7,864) $ (1,306) $ 2,989 $ (6,181) Other comprehensive (loss) income before reclassifications (48,075) 683 4,697 (42,695) Amounts reclassified from accumulated other comprehensive loss 116 (641) 21 (504) Net other comprehensive (loss) income during the period (47,959) 42 4,718 (43,199) Balance as of March 31, 2022 $ (55,823) $ (1,264) $ 7,707 $ (49,380)
Before and after tax amounts allocated to each component of other comprehensive (loss) income	The before and after tax amounts allocated to each component of other comprehensive (loss) income are presented in the table below for the periods indicated. Three Months Ended March 31, (In thousands) 2023 2022 Change in unrealized gain (loss) on securities: Change in net unrealized loss during the period $ (2,302) $ (70,131) Reclassification adjustment for net losses included in net loss on sale of securities and other assets 1,447 — Accretion of net unrealized loss on securities transferred to held-to-maturity 757 170 Net change (98) (69,961) Tax benefit (expense) 2,664 (22,002) Net change in unrealized loss on securities, net of reclassification adjustments and tax (2,762) (47,959) Change in pension and other postretirement obligations: Reclassification adjustment for expense included in other expense (370) (934) Change in the net actuarial gain 221 997 Net change (149) 63 Tax (expense) benefit (44) 21 Net change in pension and other postretirement obligations (105) 42 Change in unrealized gain (loss) on derivatives: Change in net unrealized (loss) gain during the period (2,111) 6,852 Reclassification adjustment for expense included in interest expense (313) 31 Net change (2,424) 6,883 Tax (expense) benefit (1,032) 2,165 Net change in unrealized (loss) gain on derivatives, net of reclassification adjustments and tax (1,392) 4,718 Other comprehensive loss, net of tax $ (4,259) $ (43,199)

EARNINGS PER COMMON SHARE (Tabl

EARNINGS PER COMMON SHARE (Tables)	3 Months Ended
EARNINGS PER COMMON SHARE (Tables)	Mar. 31, 2023
EARNINGS PER COMMON SHARE
Reconciliation of Numerators and Denominators of Basic and Diluted EPS	The following is a reconciliation of the numerators and denominators of basic and diluted EPS for the periods presented: Three Months Ended March 31, (In thousands except share and per share amounts) 2023 2022 Net income available to common stockholders $ 35,482 $ 32,710 Less: Dividends paid and earnings allocated to participating securities (389) (374) Income attributable to common stock $ 35,093 $ 32,336 Weighted-average common shares outstanding, including participating securities 38,568,640 39,680,652 Less: weighted-average participating securities (417,175) (429,404) Weighted-average common shares outstanding 38,151,465 39,251,248 Basic EPS $ 0.92 $ 0.82 Income attributable to common stock $ 35,093 $ 32,336 Weighted-average common shares outstanding 38,151,465 39,251,248 Weighted-average common equivalent shares outstanding — — Weighted-average common and equivalent shares outstanding 38,151,465 39,251,248 Diluted EPS $ 0.92 $ 0.82

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
SECURITIES (Tables)	Mar. 31, 2023
SECURITIES
Major Categories of Securities Owned by Entity	March 31, 2023 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Securities available-for-sale: Agency notes $ 10,000 $ — $ (709) $ 9,291 Treasury securities 246,646 — (16,215) 230,431 Corporate securities 172,626 — (28,744) 143,882 Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs") 263,194 — (28,120) 235,074 Agency collateralized mortgage obligations ("CMOs") 324,394 2 (46,002) 278,394 State and municipal obligations 32,078 — (2,338) 29,740 Total securities available-for-sale $ 1,048,938 $ 2 $ (122,128) $ 926,812 March 31, 2023 Gross Gross Amortized Unrecognized Unrecognized Fair (In thousands) Cost Gains Losses Value Securities held-to-maturity: Agency notes $ 89,258 $ — $ (11,619) $ 77,639 Corporate securities 9,000 — (2,063) 6,937 Pass-through MBS issued by GSEs 290,698 123 (37,137) 253,684 Agency CMOs 216,686 16 (22,390) 194,312 Total securities held-to-maturity $ 605,642 $ 139 $ (73,209) $ 532,572 December 31, 2022 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Securities available-for-sale: Treasury securities $ 246,899 $ — $ (19,643) $ 227,256 Corporate securities 183,791 57 (17,075) 166,773 Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs") 272,774 — (31,534) 241,240 Agency collateralized mortgage obligations ("CMOs") 331,394 2 (50,057) 281,339 State and municipal obligations 37,000 — (3,021) 33,979 Total securities available-for-sale $ 1,071,858 $ 59 $ (121,330) $ 950,587 December 31, 2022 Gross Gross Amortized Unrecognized Unrecognized Fair (In thousands) Cost Gains Losses Value Securities held-to-maturity: Agency notes $ 89,157 $ — $ (14,095) $ 75,062 Corporate securities 9,000 — (553) 8,447 Pass-through MBS issued by GSEs 278,281 — (40,960) 237,321 Agency CMOs 209,360 — (24,431) 184,929 Total securities held-to-maturity $ 585,798 $ — $ (80,039) $ 505,759
Schedule of amortized cost and fair value of debt securities	March 31, 2023 Amortized Fair (In thousands) Cost Value Available-for-sale Within one year $ 11,050 $ 10,679 One to five years 269,229 251,440 Five to ten years 175,926 146,950 Beyond ten years 5,145 4,275 Pass-through MBS issued by GSEs and agency CMO 587,588 513,468 Total $ 1,048,938 $ 926,812 Held-to-maturity Within one year $ — $ — One to five years 10,000 9,407 Five to ten years 88,258 75,169 Beyond ten years — — Pass-through MBS issued by GSEs and agency CMO 507,384 447,996 Total $ 605,642 $ 532,572
Summary of Sale of Available-for-sale Securities	Three Months Ended March 31, (In thousands) 2023 2022 Securities available-for-sale Proceeds $ 77,804 $ — Gross gains 130 — Tax expense on gains 39 — Gross losses 1,577 — Tax benefit on losses 467 —
Gross Unrealized Losses and Fair Value of Investment Securities by Investment Category and Length of Time in a Continuous Unrealized Loss Position	March 31, 2023 Less than 12 12 Consecutive Consecutive Months Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized (In thousands) Value Losses Value Losses Value Losses Securities available-for-sale: Agency notes $ — $ — $ 9,291 $ 709 $ 9,291 $ 709 Treasury securities — — 230,431 16,215 230,431 16,215 Corporate securities 81,866 13,507 62,016 15,237 143,882 28,744 Pass-through MBS issued by GSEs 27,912 867 207,162 27,253 235,074 28,120 Agency CMOs 3,778 32 269,614 45,970 273,392 46,002 State and municipal obligations 2,021 29 27,719 2,309 29,740 2,338 December 31, 2022 Less than 12 12 Consecutive Consecutive Months Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized (In thousands) Value Losses Value Losses Value Losses Securities available-for-sale: Treasury securities $ — $ — $ 227,256 $ 19,643 $ 227,256 $ 19,643 Corporate securities 110,707 8,494 50,116 8,581 160,823 17,075 Pass-through MBS issued by GSEs 50,813 2,010 190,427 29,524 241,240 31,534 Agency CMOs 55,924 3,454 220,413 46,603 276,337 50,057 State and municipal obligations 10,848 174 22,681 2,847 33,529 3,021

LOANS HELD FOR INVESTMENT, NET

LOANS HELD FOR INVESTMENT, NET (Tables)	3 Months Ended
LOANS HELD FOR INVESTMENT, NET (Tables)	Mar. 31, 2023
LOANS HELD FOR INVESTMENT, NET
Loan Categories	The following table presents the loan categories for the period ended as indicated: (In thousands) March 31, 2023 December 31, 2022 One-to-four family residential and cooperative/condominium apartment $ 799,321 $ 773,321 Multifamily residential and residential mixed-use 4,118,439 4,026,826 Commercial real estate ("CRE") 4,510,968 4,457,630 Acquisition, development, and construction 221,015 229,663 Total real estate loans 9,649,743 9,487,440 Commercial and industrial ("C&I") 1,074,930 1,071,712 Other loans 7,172 7,679 Total 10,731,845 10,566,831 Allowance for credit losses (78,335) (83,507) Loans held for investment, net $ 10,653,510 $ 10,483,324
Activity in Allowance for Loan Losses	At or for the Three Months Ended March 31, 2023 Real Estate Loans One-to-Four Family Multifamily Residential and Residential Cooperative/ and Condominium Residential Total Real Other (In thousands) Apartment Mixed-Use CRE ADC Estate C&I Loans Total Allowance for credit losses: Beginning balance $ 5,969 $ 8,360 $ 27,329 $ 1,723 $ 43,381 $ 39,853 $ 273 $ 83,507 Provision (recovery) for credit losses 43 (747) (2,851) 792 (2,763) (834) (34) (3,631) Charge-offs — — — — — (2,029) (1) (2,030) Recoveries — — — — — 487 2 489 Ending balance $ 6,012 $ 7,613 $ 24,478 $ 2,515 $ 40,618 $ 37,477 $ 240 $ 78,335 At or for the Three Months Ended March 31, 2022 Real Estate Loans One-to-Four Family Multifamily Residential and Residential Cooperative/ and Condominium Residential Total Real Other (In thousands) Apartment Mixed-Use CRE ADC Estate C&I Loans Total Allowance for credit losses: Beginning balance $ 5,932 $ 7,816 $ 29,166 $ 4,857 $ 47,771 $ 35,331 $ 751 $ 83,853 (Recovery) provision for credit losses (1,404) (757) (521) (99) (2,781) 1,516 (389) (1,654) Charge-offs — — — — — (2,635) (3) (2,638) Recoveries — 2 — — 2 51 1 54 Ending balance $ 4,528 $ 7,061 $ 28,645 $ 4,758 $ 44,992 $ 34,263 $ 360 $ 79,615
Financing Receivable, Nonaccrual	March 31, 2023 Non-accrual with Non-accrual with (In thousands) No Allowance Allowance Reserve One-to-four family residential and cooperative/condominium apartment $ - $ 2,808 $ 138 CRE 4,659 3,409 1,010 Acquisition, development, and construction - 657 305 C&I 978 18,934 18,169 Other - 99 99 Total $ 5,637 $ 25,907 $ 19,721 December 31, 2022 Non-accrual with Non-accrual with (In thousands) No Allowance Allowance Reserve One-to-four family residential and cooperative/condominium apartment $ - $ 3,203 $ 181 CRE 4,915 3,417 1,424 Acquisition, development, and construction 657 - - C&I 503 21,443 20,685 Other - 99 99 Total $ 6,075 $ 28,162 $ 22,389
Past Due Financing Receivables	The following tables summarize the past due status of the Company’s investment in loans as of the dates indicated: March 31, 2023 Loans 90 Days or Total 30 to 59 60 to 89 More Past Due Past Due Days Days and Still and Total (In thousands) Past Due Past Due Accruing Interest Non-accrual Non-accrual Current Loans Real estate: One-to-four family residential, including condominium and cooperative apartment $ 6,617 $ 419 $ — $ 2,808 $ 9,844 $ 789,477 $ 799,321 Multifamily residential and residential mixed-use 3,841 — — — 3,841 4,114,598 4,118,439 CRE 4,603 716 — 8,068 13,387 4,497,581 4,510,968 Acquisition, development, and construction — — — 657 657 220,358 221,015 Total real estate 15,061 1,135 — 11,533 27,729 9,622,014 9,649,743 C&I 3,403 233 — 19,912 23,548 1,051,382 1,074,930 Other 229 3 — 99 331 6,841 7,172 Total $ 18,693 $ 1,371 $ — $ 31,544 $ 51,608 $ 10,680,237 $ 10,731,845 December 31, 2022 Loans 90 Days or Total 30 to 59 60 to 89 More Past Due Past Due Days Days and Still and Total (In thousands) Past Due Past Due Accruing Interest Non-accrual Non-accrual Current Loans Real estate: One-to-four family residential, including condominium and cooperative apartment $ 686 $ — $ — $ 3,203 $ 3,889 $ 769,432 $ 773,321 Multifamily residential and residential mixed-use 4,817 — — — 4,817 4,022,009 4,026,826 CRE 14,189 — — 8,332 22,521 4,435,109 4,457,630 Acquisition, development, and construction — — — 657 657 229,006 229,663 Total real estate 19,692 — — 12,192 31,884 9,455,556 9,487,440 C&I 3,561 741 — 21,946 26,248 1,045,464 1,071,712 Other 264 1 — 99 364 7,315 7,679 Total $ 23,517 $ 742 $ — $ 34,237 $ 58,496 $ 10,508,335 $ 10,566,831
Schedule of collateral dependent loans	March 31, 2023 December 31, 2022 Real Estate Associated Allowance Real Estate Associated Allowance (In thousands) Collateral Dependent for Credit Losses Collateral Dependent for Credit Losses CRE $ 7,112 $ 860 $ 7,391 $ 1,297 Acquisition, development, and construction 657 305 657 - C&I 945 - 949 - Total $ 8,714 $ 1,165 $ 8,997 $ 1,297
Schedule of amortized cost basis of loans modified to borrowers	March 31, 2023 Term Extension % of Total Class Significant and Significant of Financing (Dollars in thousands) Payment Delay Payment Delay Total Receivable Real estate: One-to-four family residential, including condominium and cooperative apartment $ 2,850 $ — $ 2,850 0.4 % Multifamily residential and residential mixed-use — — — 0.0 CRE — — — 0.0 Acquisition, development, and construction — — — 0.0 C&I — 475 475 0.0 Other loans — — — 0.0 Total $ 2,850 $ 475 $ 3,325 0.0 %
Schedule of performance of loans that have been modified	March 31, 2023 30-59 Days 60-89 Days 90+ Days (Dollars in thousands) Current Past Due Past Due Past Due Total Real estate: One-to-four family residential, including condominium and cooperative apartment $ 2,850 $ — $ — $ — $ 2,850 Multifamily residential and residential mixed-use — — — — — CRE — — — — — Acquisition, development, and construction — — — — — C&I 475 — — — 475 Other loans — — — — — Total $ 3,325 $ — $ — $ — $ 3,325
Schedule of loans by class modified as trouble debt restructurings	Modifications During the Year Ended December 31, 2022 Pre- Post- Modification Modification Outstanding Outstanding Number of Recorded Recorded (Dollars in thousands) Loans Investment Investment One-to-four family residential and cooperative/condominium apartment 2 $ 762 $ 762 CRE 1 991 991 Acquisition, development, and construction 1 13,500 13,500 C&I 7 21,934 21,938 Other 1 276 276 Total 12 $ 37,463 $ 37,467
Credit Risk Profile of the Real Estate Loans	March 31, 2023 (In thousands) 2023 2022 2021 2020 2019 2018 and Prior Revolving Revolving-Term Total One-to-four family residential, and condominium/cooperative apartment: Pass $ 43,242 $ 223,185 $ 105,682 $ 71,817 $ 64,559 $ 223,911 $ 36,080 $ 14,027 $ 782,503 Special mention — — — — — 765 159 1,140 2,064 Substandard — — 947 1,021 1,226 10,612 — 949 14,754 Doubtful — — — — — — — — — Total one-to-four family residential, and condominium/cooperative apartment 43,242 223,185 106,629 72,838 65,785 235,288 36,239 16,116 799,321 YTD Gross Charge-Offs — — — — — — — — — Multifamily residential and residential mixed-use: Pass 137,533 1,378,920 596,720 295,172 396,885 1,182,588 11,981 4,364 4,004,163 Special mention — — 4,269 18,190 14,149 19,272 — — 55,880 Substandard — — — 10,766 — 47,630 — — 58,396 Doubtful — — — — — — — — — Total multifamily residential and residential mixed-use 137,533 1,378,920 600,989 324,128 411,034 1,249,490 11,981 4,364 4,118,439 YTD Gross Charge-Offs — — — — — — — — — CRE: Pass 168,749 1,015,122 848,614 684,193 496,165 1,136,286 29,949 23,247 4,402,325 Special mention — 2,812 — 47,905 4,630 27,888 — — 83,235 Substandard — — 151 4,536 7,496 13,225 — — 25,408 Doubtful — — — — — — — — — Total CRE 168,749 1,017,934 848,765 736,634 508,291 1,177,399 29,949 23,247 4,510,968 YTD Gross Charge-Offs — — — — — — — — — Acquisition, development, and construction: Pass — 42,427 136,430 7,647 15,744 609 17,233 268 220,358 Special mention — — — — — — — — — Substandard — — 657 — — — — — 657 Doubtful — — — — — — — — — Total acquisition, development, and construction: — 42,427 137,087 7,647 15,744 609 17,233 268 221,015 YTD Gross Charge-Offs — — — — — — — — — C&I: Pass 20,080 178,348 34,507 36,036 32,375 50,334 618,596 18,915 989,191 Special mention — 3,432 624 1,467 1,371 2,031 15,142 6,286 30,353 Substandard 98 5,454 1,133 4,858 2,718 10,536 12,382 9,066 46,245 Doubtful — — — — 8,332 809 — — 9,141 Total C&I 20,178 187,234 36,264 42,361 44,796 63,710 646,120 34,267 1,074,930 YTD Gross Charge-Offs — — — 38 — 1,991 — — 2,029 Total: Pass 369,604 2,838,002 1,721,953 1,094,865 1,005,728 2,593,728 713,839 60,821 10,398,540 Special mention — 6,244 4,893 67,562 20,150 49,956 15,301 7,426 171,532 Substandard 98 5,454 2,888 21,181 11,440 82,003 12,382 10,015 145,460 Doubtful — — — — 8,332 809 — — 9,141 Total Loans $ 369,702 $ 2,849,700 $ 1,729,734 $ 1,183,608 $ 1,045,650 $ 2,726,496 $ 741,522 $ 78,262 $ 10,724,673 YTD Gross Charge-Offs — — — 38 — 1,991 — — 2,029 December 31, 2022 (In thousands) 2022 2021 2020 2019 2018 2017 and Prior Revolving Revolving-Term Total One-to-four family residential, and condominium/cooperative apartment: Pass $ 225,031 $ 108,185 $ 72,732 $ 65,515 $ 66,038 $ 164,338 $ 41,172 $ 12,563 $ 755,574 Special mention — — — — 735 1,175 579 726 3,215 Substandard — — 1,026 1,227 407 10,779 — 1,093 14,532 Doubtful — — — — — — — — — Total one-to-four family residential, and condominium/cooperative apartment 225,031 108,185 73,758 66,742 67,180 176,292 41,751 14,382 773,321 YTD Gross Charge-Offs — — — — — — — — — Multifamily residential and residential mixed-use: Pass 1,386,549 582,393 316,424 395,933 127,074 1,107,281 12,584 — 3,928,238 Special mention — — — 11,183 — 14,168 — — 25,351 Substandard — — 12,294 7,001 20,311 33,631 — — 73,237 Doubtful — — — — — — — — — Total multifamily residential and residential mixed-use 1,386,549 582,393 328,718 414,117 147,385 1,155,080 12,584 — 4,026,826 YTD Gross Charge-Offs — — — — — — — — — CRE: Pass 1,021,622 854,240 753,552 510,332 308,265 868,099 34,362 24,767 4,375,239 Special mention 2,864 — 19,655 4,653 14,372 15,478 — — 57,022 Substandard — 151 4,550 7,947 1,131 11,590 — — 25,369 Doubtful — — — — — — — — — Total CRE 1,024,486 854,391 777,757 522,932 323,768 895,167 34,362 24,767 4,457,630 YTD Gross Charge-Offs — — — — — — — — — Acquisition, development, and construction: Pass 36,877 152,543 11,242 15,943 — 2,087 10,033 281 229,006 Special mention — — — — — — — — — Substandard — 657 — — — — — — 657 Doubtful — — — — — — — — — Total acquisition, development, and construction: 36,877 153,200 11,242 15,943 — 2,087 10,033 281 229,663 YTD Gross Charge-Offs — — — — — — — — — C&I: Pass 175,347 36,511 42,103 37,030 20,628 33,343 628,560 22,239 995,761 Special mention 3,770 — 894 1,529 1,521 843 9,062 478 18,097 Substandard 5,242 1,244 5,364 2,968 970 10,232 11,290 9,412 46,722 Doubtful — — — 8,332 752 2,048 — — 11,132 Total C&I 184,359 37,755 48,361 49,859 23,871 46,466 648,912 32,129 1,071,712 YTD Gross Charge-Offs — 477 4,720 2,088 — 2,414 1,460 242 11,401 Total: Pass 2,845,426 1,733,872 1,196,053 1,024,753 522,005 2,175,148 726,711 59,850 10,283,818 Special mention 6,634 — 20,549 17,365 16,628 31,664 9,641 1,204 103,685 Substandard 5,242 2,052 23,234 19,143 22,819 66,232 11,290 10,505 160,517 Doubtful — — — 8,332 752 2,048 — — 11,132 Total Loans $ 2,857,302 $ 1,735,924 $ 1,239,836 $ 1,069,593 $ 562,204 $ 2,275,092 $ 747,642 $ 71,559 $ 10,559,152 YTD Gross Charge-Offs — 477 4,720 2,088 — 2,414 1,460 242 11,401 (In thousands) March 31, 2023 December 31, 2022 Performing $ 7,073 $ 7,580 Non-accrual 99 99 Total $ 7,172 $ 7,679

LEASES (Tables)

LEASES (Tables)	3 Months Ended
LEASES (Tables)	Mar. 31, 2023
LEASES
Summary of maturities of operating lease liabilities	Maturities of the Company’s operating lease liabilities at March 31, 2023 are as follows: Rent to be (In thousands) Capitalized 2023 $ 9,122 2024 12,115 2025 11,912 2026 11,225 2027 9,240 Thereafter 9,991 Total undiscounted lease payments 63,605 Less amounts representing interest (3,848) Operating lease liabilities $ 59,757
Summary of other information related to operating leases	Three Months Ended March 31, (In thousands) 2023 2022 Operating lease cost $ 3,141 $ 3,262 Cash paid for amounts included in the measurement of operating lease liabilities 3,071 2,924 March 31, December 31, 2023 2022 Weighted average remaining lease term 5.7 years 5.9 years Weighted average discount rate 2.12 % 2.03 %

DERIVATIVES AND HEDGING ACTIV_2

DERIVATIVES AND HEDGING ACTIVITIES (Tables)	3 Months Ended
DERIVATIVES AND HEDGING ACTIVITIES (Tables)	Mar. 31, 2023
Derivatives, Fair Value [Line Items]
Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income (Loss)	The table below presents the effect of the cash flow hedge accounting on accumulated other comprehensive income (loss) for the periods indicated: Three Months Ended March 31, (In thousands) 2023 2022 (Loss) gain recognized in other comprehensive income (loss) $ (2,111) $ 6,852 Gain (loss) recognized on termination of derivatives — — Gain (loss) reclassified from other comprehensive income into interest expense 313 (31)
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Fair Value of Derivative Financial Instruments and Classification on Consolidated Statements of Financial Condition	March 31, 2023 December 31, 2022 Notional Fair Value Fair Value Notional Fair Value Fair Value (Dollars in thousands) Count Amount Assets Liabilities Count Amount Assets Liabilities Included in derivative assets/(liabilities): Interest rate swaps related to FHLBNY advances 4 $ 150,000 $ 14,726 $ — 4 $ 150,000 $ 17,150 $ —
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Fair Value of Derivative Financial Instruments and Classification on Consolidated Statements of Financial Condition	March 31, 2023 Notional Fair Value Fair Value (In thousands) Count Amount Assets Liabilities Included in derivative assets/(liabilities): Loan level interest rate swaps with borrower 14 $ 256,325 $ 10,049 $ — Loan level interest rate swaps with borrower 181 1,161,586 — 99,582 Loan level interest rate floors with borrower 39 294,537 — 5,937 Loan level interest rate swaps with third-party counterparties 14 256,325 — 10,049 Loan level interest rate swaps with third-party counterparties 181 1,161,586 99,582 — Loan level interest rate floors with third-party counterparties 39 294,537 5,937 — December 31, 2022 Notional Fair Value Fair Value (In thousands) Count Amount Assets Liabilities Included in derivative assets/(liabilities): Loan level interest rate swaps with borrower 3 $ 53,311 $ 1,524 $ — Loan level interest rate swaps with borrower 185 1,214,736 — 126,751 Loan level interest rate floors with borrower 40 326,309 — 9,060 Loan level interest rate swaps with third-party counterparties 3 53,311 — 1,524 Loan level interest rate swaps with third-party counterparties 185 1,214,736 126,751 — Loan level interest rate floors with third-party counterparties 40 326,309 9,060 —
Loan Level Derivative Income	Three Months Ended March 31, (In thousands) 2023 2022 Loan level derivative income $ 3,133 $ 6

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	Mar. 31, 2023
FAIR VALUE OF FINANCIAL INSTRUMENTS
Fair value, assets and liabilities measured on recurring basis	Fair Value Measurements at March 31, 2023 Using Level 1 Level 2 Level 3 (In thousands) Total Inputs Inputs Inputs Financial Assets: Securities available-for-sale: Agency notes $ 9,291 $ — $ 9,291 $ — Treasury securities 230,431 — 230,431 — Corporate securities 143,882 — 143,882 — Pass-through MBS issued by GSEs 235,074 — 235,074 — Agency CMOs 278,394 — 278,394 — State and municipal obligations 29,740 — 29,740 — Derivative – cash flow hedges 14,726 — 14,726 — Derivative – freestanding derivatives, net 115,568 — 115,568 — Financial Liabilities: Derivative – freestanding derivatives, net 115,568 — 115,568 — Fair Value Measurements at December 31, 2022 Using Level 1 Level 2 Level 3 (In thousands) Total Inputs Inputs Inputs Financial Assets: Securities available-for-sale: Treasury securities $ 227,256 $ — $ 227,256 $ — Corporate securities 166,773 — 166,773 — Pass-through MBS issued by GSEs 241,240 — 241,240 — Agency CMOs 281,339 — 281,339 — State and municipal obligations 33,979 — 33,979 — Derivative – cash flow hedges 17,150 — 17,150 — Derivative – freestanding derivatives, net 137,335 — 137,335 — Financial Liabilities: Derivative – freestanding derivatives, net 137,335 — 137,335 —
Schedule of assets measured at fair value on a non-recurring basis	March 31, 2023 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Individually evaluated loans $ 1,945 $ — $ — $ 1,945 December 31, 2022 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Individually evaluated loans $ 1,179 $ — $ — $ 1,179
Fair value measurements, nonrecurring	Fair Value Measurements at March 31, 2023 Using Carrying Level 1 Level 2 Level 3 (In thousands) Amount Inputs Inputs Inputs Total Financial Assets: Cash and due from banks $ 663,132 $ 663,132 $ — $ — $ 663,132 Securities held-to-maturity 605,642 — 532,572 — 532,572 Loans held for investment, net 10,651,565 — — 10,123,743 10,123,743 Accrued interest receivable 49,926 — 5,505 44,421 49,926 Financial Liabilities: Savings, money market and checking accounts 9,050,968 9,050,968 — — 9,050,968 Certificates of Deposits ("CDs") 1,519,267 — 1,503,948 — 1,503,948 FHLBNY advances 1,498,000 — 1,502,366 — 1,502,366 Subordinated debt, net 200,261 — 164,461 — 164,461 Other short-term borrowings 2,068 2,068 — — 2,068 Accrued interest payable 12,842 — 12,842 — 12,842 Fair Value Measurements at December 31, 2022 Using Carrying Level 1 Level 2 Level 3 (In thousands) Amount Inputs Inputs Inputs Total Financial Assets: Cash and due from banks $ 169,297 $ 169,297 $ — $ — $ 169,297 Securities held-to-maturity 585,798 — 505,759 — 505,759 Loans held for investment, net 10,482,145 — — 10,005,121 10,005,121 Accrued interest receivable 48,561 — 6,105 42,456 48,561 Financial Liabilities: Savings, money market and checking accounts 9,139,043 9,139,043 — — 9,139,043 CDs 1,115,364 — 1,096,808 — 1,096,808 FHLBNY advances 1,131,000 — 1,131,217 — 1,131,217 Subordinated debt, net 200,283 — 180,583 — 180,583 Other short-term borrowings 1,360 1,360 — — 1,360 Accrued interest payable 5,323 — 5,323 — 5,323

OTHER INTANGIBLE ASSETS (Tables

OTHER INTANGIBLE ASSETS (Tables)	3 Months Ended
OTHER INTANGIBLE ASSETS (Tables)	Mar. 31, 2023
OTHER INTANGIBLE ASSETS
Schedule of acquired intangible assets	March 31, 2023 December 31, 2022 Core Deposit Non-compete Core Deposit Non-compete (In thousands) Intangibles Agreement Total Intangibles Agreement Total Gross carrying value $ 10,204 $ 780 $ 10,984 $ 10,204 $ 780 $ 10,984 Accumulated amortization (4,097) (780) (4,877) (3,720) (780) (4,500) Net carrying amount $ 6,107 $ - $ 6,107 $ 6,484 $ - $ 6,484
Schedule of estimated amortization expense	(In thousands) Total 2023 1,048 2024 1,163 2025 958 2026 795 2027 664 Thereafter 1,479 Total $ 6,107

FHLBNY ADVANCES (Tables)

FHLBNY ADVANCES (Tables)	3 Months Ended
FHLBNY ADVANCES (Tables)	Mar. 31, 2023
FHLBNY ADVANCES
Schedule of contractual maturities and weighted average interest rates of FHLBNY advances	March 31, 2023 (Dollars in thousands) Weighted Contractual Maturity Amount Average Rate 2023, fixed rate at rates from 4.82% to 5.31% $ 800,000 5.13 2024, fixed rate at rates from 4.85% to 5.16% 650,000 5.00 2027, fixed rate at 4.25% 36,000 4.25 2028, fixed rate at 4.04% 12,000 4.04 Total FHLBNY advances $ 1,498,000 5.04 % December 31, 2022 (Dollars in thousands) Weighted Contractual Maturity Amount Average 2023, fixed rate at rates from 3.85% to 4.75% $ 1,095,000 4.56 % 2027, fixed rate at 4.25% 36,000 4.25 Total FHLBNY advances $ 1,131,000 4.55 %

RETIREMENT AND POSTRETIREMENT_2

RETIREMENT AND POSTRETIREMENT PLANS (Tables)	3 Months Ended
RETIREMENT AND POSTRETIREMENT PLANS (Tables)	Mar. 31, 2023
RETIREMENT AND POSTRETIREMENT PLANS
Components of net periodic benefit (credit) cost included in other non-interest expense	Three Months Ended March 31, 2023 2022 BNB Bank Employee BNB Bank Employee (In thousands) Pension Plan Retirement Plan Pension Plan Retirement Plan Service cost $ 175 $ — $ 268 $ — Interest cost 330 223 195 155 Expected return on assets (687) (383) (858) (490) Amortization of unrealized loss — 148 — 62 Net periodic credit $ (182) $ (12) $ (395) $ (273)

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
STOCK-BASED COMPENSATION (Tables)	Mar. 31, 2023
STOCK-BASED COMPENSATION
Activity Related to Stock Options	Weighted- Average Aggregate Weighted- Remaining Intrinsic Number of Average Exercise Contractual Value Options Price Years (In thousands) Options outstanding at January 1, 2023 92,137 $ 35.39 6.2 — Options exercised — — Options forfeited — — Options outstanding at March 31, 2023 92,137 $ 35.39 6.0 $ — Options vested and exercisable at March 31, 2023 92,137 $ 35.39 6.0 $ —
Information Related to Stock Option Plan	Three Months Ended March 31, (In thousands) 2023 2022 Cash received for option exercise cost $ — $ — Income tax (expense) benefit recognized on stock option exercises — — Intrinsic value of options exercised — —
Schedule of exercise prices and weighted-average remaining contractual lives of both outstanding and vested options	Outstanding Options Vested Options Weighted Weighted Average Average Contractual Contractual Years Years Amount Remaining Amount Remaining Exercise Prices: $34.87 35,671 6.9 35,671 6.9 $35.35 32,079 5.9 32,079 5.9 $36.19 24,387 4.9 24,387 4.9 Total 92,137 6.0 92,137 6.0
Activity Related to Restricted Stock Awards	Weighted- Average Number of Grant-Date Shares Fair Value Unvested allocated shares outstanding at January 1, 2023 350,758 $ 28.63 Shares granted 195,437 26.40 Shares vested (92,897) 27.46 Shares forfeited (1,284) 27.29 Unvested allocated shares outstanding at March 31, 2023 452,014 $ 27.91
Information Related to Restricted Stock Award Plan	Three Months Ended March 31, (Dollars in thousands) 2023 2022 Compensation expense recognized $ 1,058 $ 1,024 Income tax (expense) benefit recognized on vesting of RSAs (13) 329
Activity Related to Performance Based Equity Awards	Weighted- Average Number of Grant-Date Shares Fair Value Maximum aggregate share payout at January 1, 2023 95,831 $ 30.35 Shares granted 92,187 16.97 Maximum aggregate share payout at March 31, 2023 188,018 $ 23.79 Minimum aggregate share payout — — Expected aggregate share payout 157,468 $ 22.58
Information Related to Performance Based Share Award Plan	Three Months Ended March 31, (In thousands) 2023 2022 Compensation expense recognized $ 245 $ 195 Income tax expense recognized on vesting of PSAs (15) —

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended
	Sep. 30, 2021 subsidiary	Mar. 31, 2023 USD ($) location $ / shares	Dec. 31, 2022 USD ($) $ / shares
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Number of branch locations \| location		59
Number of real estate investments dissolved \| subsidiary	2
Retained earnings \| $		$ 789,010	$ 762,762
Merger agreement:
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01
Preferred stock, Series A, par value (in dollars per share)		$ 0.01	$ 0.01

SUMMARY OF ACCOUNTING POLICIES

SUMMARY OF ACCOUNTING POLICIES - Narrative (Details) $ in Millions	Dec. 31, 2022 USD ($)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Collateral received against obligations in net asset position	$ 17.8

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Accumulated Other Comprehensive (loss) income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accumulated other comprehensive (loss) income, net of tax:
Balance	$ 1,169,583	$ 1,192,620
Other comprehensive loss, net of tax	(4,259)	(43,199)
Balance	1,191,253	1,155,287
Accumulated Other Comprehensive (Loss) Income
Accumulated other comprehensive (loss) income, net of tax:
Balance	(94,379)	(6,181)
Other comprehensive (loss) income before reclassifications	(5,330)	(42,695)
Amounts reclassified from accumulated other comprehensive loss	1,071	(504)
Other comprehensive loss, net of tax	(4,259)	(43,199)
Balance	(98,638)	(49,380)
Securities
Accumulated other comprehensive (loss) income, net of tax:
Balance	(100,870)	(7,864)
Other comprehensive (loss) income before reclassifications	(4,313)	(48,075)
Amounts reclassified from accumulated other comprehensive loss	1,551	116
Other comprehensive loss, net of tax	(2,762)	(47,959)
Balance	(103,632)	(55,823)
Defined Benefit Plans
Accumulated other comprehensive (loss) income, net of tax:
Balance	(5,266)	(1,306)
Other comprehensive (loss) income before reclassifications	155	683
Amounts reclassified from accumulated other comprehensive loss	(260)	(641)
Other comprehensive loss, net of tax	(105)	42
Balance	(5,371)	(1,264)
Derivatives
Accumulated other comprehensive (loss) income, net of tax:
Balance	11,757	2,989
Other comprehensive (loss) income before reclassifications	(1,172)	4,697
Amounts reclassified from accumulated other comprehensive loss	(220)	21
Other comprehensive loss, net of tax	(1,392)	4,718
Balance	$ 10,365	$ 7,707

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Before and After Tax Amounts by Component (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Change in unrealized gain (loss) on securities:
Change in net unrealized loss during the period	$ (2,302)	$ (70,131)
Reclassification adjustment for net losses included in net loss on sale of securities and other assets	1,447
Accretion of net unrealized loss on securities transferred to held-to-maturity	757	170
Net change	(98)	(69,961)
Tax benefit (expense)	2,664	(22,002)
Net change in unrealized loss on securities, net of reclassification adjustments and tax	(2,762)	(47,959)
Change in pension and other postretirement obligations:
Reclassification adjustment for expense included in other expense	(370)	(934)
Change in the net actuarial gain	221	997
Net change	(149)	63
Tax (expense) benefit	(44)	21
Net change in pension and other postretirement obligations	(105)	42
Change in unrealized gain (loss) on derivatives:
Change in net unrealized (loss) gain during the period	(2,111)	6,852
Reclassification adjustment for expense included in interest expense	(313)	31
Net change	(2,424)	6,883
Tax (expense) benefit	(1,032)	2,165
Net change in unrealized (loss) gain on derivatives, net of reclassification adjustments and tax	(1,392)	4,718
Other comprehensive loss, net of tax	$ (4,259)	$ (43,199)

EARNINGS PER COMMON SHARE (Deta

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Abstract]
Net income (loss) available to common stockholders	$ 35,482	$ 32,710
Less: Dividends paid and earnings allocated to participating securities	(389)	(374)
Income (loss) attributable to common stock	$ 35,093	$ 32,336
Weighted average common shares outstanding, including participating securities (in shares)	38,568,640	39,680,652
Less: weighted average participating securities (in shares)	(417,175)	(429,404)
Weighted average common shares outstanding (in shares)	38,151,465	39,251,248
Basic EPS (in dollars per share)	$ 0.92	$ 0.82
Weighted average common shares outstanding (in shares)	38,151,465	39,251,248
Weighted average common and equivalent shares outstanding (in shares)	38,151,465	39,251,248
Diluted EPS (in dollars per share)	$ 0.92	$ 0.82
Stock Option Awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Abstract]
Weighted average shares excluded from earnings per share calculation (in shares)	92,137	121,253

PREFERRED STOCK (Details)

PREFERRED STOCK (Details) $ / shares in Units, $ in Millions				3 Months Ended
	Feb. 01, 2021	Jun. 10, 2020 USD ($) shares	Feb. 05, 2020 USD ($) $ / shares shares	Mar. 31, 2023 $ / shares	Dec. 31, 2022 $ / shares
Public Offering [Abstract]
Preferred stock, Series A, par value (in dollars per share)				$ 0.01	$ 0.01
Preferred stock, liquidation preference (in dollars per share)				$ 25	$ 25
Preferred Stock, Series A [Member]
Public Offering [Abstract]
Number of share issued in public offering (in shares) \| shares		2,300,000	2,999,200
Preferred stock, liquidation preference \| $		$ 57.5	$ 75
Preferred stock, interest rate			5.50%	5.50%
Preferred stock, Series A, par value (in dollars per share)			$ 0.01
Preferred stock, liquidation preference (in dollars per share)			$ 25
Proceeds from issuance of preferred stock \| $		$ 44.3	$ 72.2
Preferred stock, redemption price (in dollars per share)				$ 25
Preferred Stock
Public Offering [Abstract]
Share conversion ratio	1

SECURITIES - Available-for-sale

SECURITIES - Available-for-sale (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Securities available-for-sale:
Amortized Cost	$ 1,048,938	$ 1,071,858
Gross Unrealized Gains	2	59
Gross Unrealized Losses	(122,128)	(121,330)
Fair Value	926,812	950,587
Agency Notes
Securities available-for-sale:
Amortized Cost	10,000
Gross Unrealized Losses	(709)
Fair Value	9,291
Treasury Securities
Securities available-for-sale:
Amortized Cost	246,646	246,899
Gross Unrealized Losses	(16,215)	(19,643)
Fair Value	230,431	227,256
Corporate Securities
Securities available-for-sale:
Amortized Cost	172,626	183,791
Gross Unrealized Gains		57
Gross Unrealized Losses	(28,744)	(17,075)
Fair Value	143,882	166,773
Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs")
Securities available-for-sale:
Amortized Cost	263,194	272,774
Gross Unrealized Losses	(28,120)	(31,534)
Fair Value	235,074	241,240
Agency collateralized mortgage obligations ("CMOs")
Securities available-for-sale:
Amortized Cost	324,394	331,394
Gross Unrealized Gains	2	2
Gross Unrealized Losses	(46,002)	(50,057)
Fair Value	278,394	281,339
State and municipal obligations.
Securities available-for-sale:
Amortized Cost	32,078	37,000
Gross Unrealized Losses	(2,338)	(3,021)
Fair Value	$ 29,740	$ 33,979

SECURITIES - Held-to-maturity (

SECURITIES - Held-to-maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Securities held-to-maturity:
Amortized Cost	$ 605,642	$ 585,798
Gross Unrecognized Gains	139
Gross Unrecognized Losses	(73,209)	(80,039)
Fair Value	532,572	505,759
Agency Notes
Securities held-to-maturity:
Amortized Cost	89,258	89,157
Gross Unrecognized Losses	(11,619)	(14,095)
Fair Value	77,639	75,062
Corporate Securities
Securities held-to-maturity:
Amortized Cost	9,000	9,000
Gross Unrecognized Losses	(2,063)	(553)
Fair Value	6,937	8,447
Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs")
Securities held-to-maturity:
Amortized Cost	290,698	278,281
Gross Unrecognized Gains	123
Gross Unrecognized Losses	(37,137)	(40,960)
Fair Value	253,684	237,321
Agency collateralized mortgage obligations ("CMOs")
Securities held-to-maturity:
Amortized Cost	216,686	209,360
Gross Unrecognized Gains	16
Gross Unrecognized Losses	(22,390)	(24,431)
Fair Value	$ 194,312	$ 184,929

SECURITIES - Narrative (Details

SECURITIES - Narrative (Details) - USD ($)	3 Months Ended		12 Months Ended
SECURITIES - Narrative (Details) - USD ($)	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Securities available-for-sale:
Securities available-for-sale transferred to held-to-maturity		$ 175,260,000
Transfer from securities held-to-maturity	$ 0	$ 182,100,000
Securities held-to-maturity	$ 532,572,000		$ 505,759,000
Number of holdings of securities of any one issuer in an amount greater than 10% of stockholders equity	0		0
Threshold for disclosure percentage	10%		10%
Available for sale debt securities, unrealized loss position due to credit	$ 0
Allowance for credit losses on available for sale debt securities	0
Accrued interest receivable on securities	4,700,000		$ 5,400,000
Unrealized losses are related to credit losses	0
Securities pledged
Securities available-for-sale:
Carrying amount of securities pledged	$ 667,900,000		$ 631,400,000
Financial Instrument, Owned, Pledged Status [Extensible Enumeration]	Securities pledged		Securities pledged
Carrying Amount
Securities available-for-sale:
Securities held-to-maturity	$ 605,642,000		$ 585,798,000
Fair Value
Securities available-for-sale:
Securities held-to-maturity	532,572,000		505,759,000
Agency collateralized mortgage obligations ("CMOs")
Securities available-for-sale:
Securities held-to-maturity	194,312,000		184,929,000
Agency Notes
Securities available-for-sale:
Securities held-to-maturity	77,639,000		75,062,000
Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs")
Securities available-for-sale:
Securities held-to-maturity	253,684,000		237,321,000
Available for sale debt securities, unrealized loss position due to credit	$ 235,074,000		$ 241,240,000

SECURITIES - Amortized Cost and

SECURITIES - Amortized Cost and Fair Value By Contractual Maturity, Available-for-sale (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Available-for-sale, Amortized Cost
Within one year	$ 11,050
One to five years	269,229
Five to ten years	175,926
Beyond ten years	5,145
Pass-through MBS issued by GSEs and Agency CMO	587,588
Amortized Cost	1,048,938	$ 1,071,858
Available for sale, Fair Value
Within one year	10,679
One to five years	251,440
Five to ten years	146,950
Beyond ten years	4,275
Pass-through MBS issued by GSEs and Agency CMO	513,468
Total Fair Value	$ 926,812	$ 950,587

SECURITIES - Amortized Cost a_2

SECURITIES - Amortized Cost and Fair Value By Contractual Maturity, Held-to-maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Held-to-maturity, Amortized Cost
One to five years	$ 10,000
Five to ten years	88,258
Pass-through MBS issued by GSEs and agency CMO	507,384
Total Amortized Cost	605,642
Held-to-maturity, Fair Value
One to five years	9,407
Five to ten years	75,169
Pass-through MBS issued by GSEs and agency CMO	447,996
Total Fair Value	$ 532,572	$ 505,759

SECURITIES - Sales Information

SECURITIES - Sales Information and Marketable Equity Securities (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Sales of Available-for-sale Securities:
Proceeds	$ 77,804,000
Sales of securities held-to-maturity	0	$ 0
Agency Notes
Sales of Available-for-sale Securities:
Proceeds	77,804,000
Gross gains	130,000
Tax expense on gain	39,000
Gross losses	1,577,000
Tax benefit on loss	$ 467,000

SECURITIES - Continuous Unreali

SECURITIES - Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Securities available-for-sale, Fair Value [Abstract]
Total	$ 0
Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs")
Securities available-for-sale, Fair Value [Abstract]
Less than 12 Consecutive Months	27,912	$ 50,813
12 Consecutive Months or Longer	207,162	190,427
Total	235,074	241,240
Securities available-for-sale, Unrealized Losses [Abstract]
Less than 12 Consecutive Months	867	2,010
12 Consecutive Months or Longer	27,253	29,524
Total	28,120	31,534
Treasury Securities
Securities available-for-sale, Fair Value [Abstract]
12 Consecutive Months or Longer	230,431	227,256
Total	230,431	227,256
Securities available-for-sale, Unrealized Losses [Abstract]
12 Consecutive Months or Longer	16,215	19,643
Total	16,215	19,643
State and municipal obligations
Securities available-for-sale, Fair Value [Abstract]
Less than 12 Consecutive Months	2,021	10,848
12 Consecutive Months or Longer	27,719	22,681
Total	29,740	33,529
Securities available-for-sale, Unrealized Losses [Abstract]
Less than 12 Consecutive Months	29	174
12 Consecutive Months or Longer	2,309	2,847
Total	2,338	3,021
Agency Notes
Securities available-for-sale, Fair Value [Abstract]
12 Consecutive Months or Longer	9,291
Total	9,291
Securities available-for-sale, Unrealized Losses [Abstract]
12 Consecutive Months or Longer	709
Total	709
Corporate Notes
Securities available-for-sale, Fair Value [Abstract]
Less than 12 Consecutive Months	81,866	110,707
12 Consecutive Months or Longer	62,016	50,116
Total	143,882	160,823
Securities available-for-sale, Unrealized Losses [Abstract]
Less than 12 Consecutive Months	13,507	8,494
12 Consecutive Months or Longer	15,237	8,581
Total	28,744	17,075
Agency collateralized mortgage obligations ("CMOs")
Securities available-for-sale, Fair Value [Abstract]
Less than 12 Consecutive Months	3,778	55,924
12 Consecutive Months or Longer	269,614	220,413
Total	273,392	276,337
Securities available-for-sale, Unrealized Losses [Abstract]
Less than 12 Consecutive Months	32	3,454
12 Consecutive Months or Longer	45,970	46,603
Total	$ 46,002	$ 50,057

LOANS HELD FOR INVESTMENT, NE_2

LOANS HELD FOR INVESTMENT, NET - Loan Categories (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Loans held for investment, net:
Total Loans	$ 10,731,845	$ 10,566,831
Principal balances outstanding	3,325
Allowance for loan losses	(78,335)	(83,507)
Total loans held for investment, net	$ 10,653,510	10,483,324
Small Business Administration ("SBA") Paycheck Protection Program ("PPP")
Loans held for investment, net:
Loan and leases carry guarantee rate	100%
Total real estate loans
Loans held for investment, net:
Total Loans	$ 9,649,743	9,487,440
Allowance for loan losses	(40,618)	(43,381)	$ (44,992)	$ (47,771)
One-to-four family residential and cooperative/condominium apartment
Loans held for investment, net:
Total Loans	799,321	773,321
Principal balances outstanding	2,850
Allowance for loan losses	(6,012)	(5,969)	(4,528)	(5,932)
Multifamily residential and residential mixed-use
Loans held for investment, net:
Total Loans	4,118,439	4,026,826
Allowance for loan losses	(7,613)	(8,360)	(7,061)	(7,816)
Commercial real estate ("CRE")
Loans held for investment, net:
Total Loans	4,510,968	4,457,630
Allowance for loan losses	(24,478)	(27,329)	(28,645)	(29,166)
Acquisition, development, and construction
Loans held for investment, net:
Total Loans	221,015	229,663
Allowance for loan losses	(2,515)	(1,723)	(4,758)	(4,857)
Commercial and Industrial ("C&I") Loans
Loans held for investment, net:
Total Loans	1,074,930	1,071,712
Principal balances outstanding	475
Allowance for loan losses	(37,477)	(39,853)	(34,263)	(35,331)
Commercial and Industrial ("C&I") Loans \| Small Business Administration ("SBA") Paycheck Protection Program ("PPP")
Loans held for investment, net:
Total Loans	2,100	5,800
Other Loans
Loans held for investment, net:
Total Loans	7,172	7,679
Allowance for loan losses	$ (240)	$ (273)	$ (360)	$ (751)

LOANS HELD FOR INVESTMENT, NE_3

LOANS HELD FOR INVESTMENT, NET - Allowance for Credit Losses Activity (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	$ 83,507,000
Recovery for credit losses	(3,648,000)	$ (1,592,000)
Allowance for credit losses, Ending balance	78,335,000
Non-accrual with No Allowance	5,637,000		$ 6,075,000
Non-accrual with Allowance	25,907,000		28,162,000
Reserve	19,721,000		22,389,000
Interest income on non-accrual loans held for investment
Interest income on non-accrual loans	0	0
Total real estate loans
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	43,381,000	47,771,000
Recovery for credit losses	(2,763,000)	(2,781,000)
Recoveries		2,000
Allowance for credit losses, Ending balance	40,618,000	44,992,000
One-to-four family residential and cooperative/condominium apartment
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	5,969,000	5,932,000
Recovery for credit losses	43,000	(1,404,000)
Allowance for credit losses, Ending balance	6,012,000	4,528,000
Non-accrual with Allowance	2,808,000		3,203,000
Reserve	138,000		181,000
Multifamily residential and residential mixed-use
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	8,360,000	7,816,000
Recovery for credit losses	(747,000)	(757,000)
Recoveries		2,000
Allowance for credit losses, Ending balance	7,613,000	7,061,000
Commercial real estate ("CRE")
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	27,329,000	29,166,000
Recovery for credit losses	(2,851,000)	(521,000)
Allowance for credit losses, Ending balance	24,478,000	28,645,000
Non-accrual with No Allowance	4,659,000		4,915,000
Non-accrual with Allowance	3,409,000		3,417,000
Reserve	1,010,000		1,424,000
Acquisition, development, and construction
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	1,723,000	4,857,000
Recovery for credit losses	792,000	(99,000)
Allowance for credit losses, Ending balance	2,515,000	4,758,000
Non-accrual with No Allowance			657,000
Non-accrual with Allowance	657,000
Reserve	305,000
Commercial and Industrial ("C&I") Loans
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	39,853,000	35,331,000
Recovery for credit losses	(834,000)	1,516,000
Charge-offs	(2,029,000)	(2,635,000)
Recoveries	487,000	51,000
Allowance for credit losses, Ending balance	37,477,000	34,263,000
Non-accrual with No Allowance	978,000		503,000
Non-accrual with Allowance	18,934,000		21,443,000
Reserve	18,169,000		20,685,000
Other Loans
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	273,000	751,000
Recovery for credit losses	(34,000)	(389,000)
Charge-offs	(1,000)	(3,000)
Recoveries	2,000	1,000
Allowance for credit losses, Ending balance	240,000	360,000
Non-accrual with Allowance	99,000		99,000
Reserve	99,000		$ 99,000
Includes other loans
Allowance for loan losses [Roll Forward]
Allowance for credit losses, Beginning balance	83,507,000	83,853,000
Recovery for credit losses	(3,631,000)	(1,654,000)
Charge-offs	(2,030,000)	(2,638,000)
Recoveries	489,000	54,000
Allowance for credit losses, Ending balance	$ 78,335,000	$ 79,615,000

LOANS HELD FOR INVESTMENT, NE_4

LOANS HELD FOR INVESTMENT, NET - Past Due Status (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	$ 10,731,845	$ 10,566,831
Non-accrual	31,544	34,237
Total Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	51,608	58,496
30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	18,693	23,517
60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	1,371	742
Current
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	10,680,237	10,508,335
Total real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	9,649,743	9,487,440
Non-accrual	11,533	12,192
Total real estate loans \| Total Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	27,729	31,884
Total real estate loans \| 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	15,061	19,692
Total real estate loans \| 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	1,135
Total real estate loans \| Current
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	9,622,014	9,455,556
One-to-four family residential and cooperative/condominium apartment
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	799,321	773,321
Non-accrual	2,808	3,203
One-to-four family residential and cooperative/condominium apartment \| Total Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	9,844	3,889
One-to-four family residential and cooperative/condominium apartment \| 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	6,617	686
One-to-four family residential and cooperative/condominium apartment \| 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	419
One-to-four family residential and cooperative/condominium apartment \| Current
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	789,477	769,432
Multifamily residential and residential mixed-use
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	4,118,439	4,026,826
Multifamily residential and residential mixed-use \| Total Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	3,841	4,817
Multifamily residential and residential mixed-use \| 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	3,841	4,817
Multifamily residential and residential mixed-use \| 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	0
Multifamily residential and residential mixed-use \| Current
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	4,114,598	4,022,009
Commercial real estate ("CRE")
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	4,510,968	4,457,630
Non-accrual	8,068	8,332
Commercial real estate ("CRE") \| Total Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	13,387	22,521
Commercial real estate ("CRE") \| 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	4,603	14,189
Commercial real estate ("CRE") \| 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	716
Commercial real estate ("CRE") \| Current
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	4,497,581	4,435,109
Acquisition, development, and construction
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	221,015	229,663
Non-accrual	657	657
Acquisition, development, and construction \| Total Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	657	657
Acquisition, development, and construction \| 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	0
Acquisition, development, and construction \| 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	0
Acquisition, development, and construction \| Loans 90 Days or More Past Due and Still Accruing Interest
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	0
Acquisition, development, and construction \| Current
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	220,358	229,006
Commercial and Industrial ("C&I") Loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	1,074,930	1,071,712
Non-accrual	19,912	21,946
Commercial and Industrial ("C&I") Loans \| Total Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	23,548	26,248
Commercial and Industrial ("C&I") Loans \| 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	3,403	3,561
Commercial and Industrial ("C&I") Loans \| 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	233	741
Commercial and Industrial ("C&I") Loans \| Loans 90 Days or More Past Due and Still Accruing Interest
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	0
Commercial and Industrial ("C&I") Loans \| Current
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	1,051,382	1,045,464
Other Loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	7,172	7,679
Non-accrual	99	99
Other Loans \| Total Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	331	364
Other Loans \| 30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	229	264
Other Loans \| 60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	3	1
Other Loans \| Loans 90 Days or More Past Due and Still Accruing Interest
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	0
Other Loans \| Current
Financing Receivable, Recorded Investment, Aging [Abstract]
Total Loans	$ 6,841	$ 7,315

LOANS HELD FOR INVESTMENT, NE_5

LOANS HELD FOR INVESTMENT, NET - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	$ 10,731,845	$ 10,566,831
Allowance for credit losses	78,335	83,507
Commercial real estate ("CRE")
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	4,510,968	4,457,630
Allowance for credit losses	24,478	27,329	$ 28,645	$ 29,166
Acquisition, development, and construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	221,015	229,663
Allowance for credit losses	2,515	1,723	4,758	4,857
Commercial and Industrial ("C&I") Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	1,074,930	1,071,712
Allowance for credit losses	37,477	39,853	34,263	35,331
Total real estate loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	9,649,743	9,487,440
Allowance for credit losses	40,618	43,381	$ 44,992	$ 47,771
Real Estate Collateral Dependent \| Commercial real estate ("CRE")
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	7,112	7,391
Allowance for credit losses	860	1,297
Real Estate Collateral Dependent \| Acquisition, development, and construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	657	657
Allowance for credit losses	305
Real Estate Collateral Dependent \| Commercial and Industrial ("C&I") Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	945	949
Real Estate Collateral Dependent \| Total real estate loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total Loans	8,714	8,997
Allowance for credit losses	$ 1,165	$ 1,297

LOANS HELD FOR INVESTMENT, NE_6

LOANS HELD FOR INVESTMENT, NET - Amortized cost (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Significant Payment Delay	$ 2,850
Term Extension and Significant Payment Delay	475
Total	$ 3,325
% of Total Class of Financing Receivable	0%
Period of increase in weighted average maturity of financing receivable modified	6 months
Significant Payment Delay
Financing Receivable, Troubled Debt Restructuring [Line Items]
Period of increase in weighted average maturity of financing receivable modified	12 months
One-to-four family residential and cooperative/condominium apartment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Significant Payment Delay	$ 2,850
Total	$ 2,850
% of Total Class of Financing Receivable	0.40%
Multifamily residential and residential mixed-use
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of Total Class of Financing Receivable	0%
Commercial real estate ("CRE")
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of Total Class of Financing Receivable	0%
Acquisition, development, and construction
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of Total Class of Financing Receivable	0%
Commercial and Industrial ("C&I") Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Term Extension and Significant Payment Delay	$ 475
Total	$ 475
% of Total Class of Financing Receivable	0%
Other Loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
% of Total Class of Financing Receivable	0%

LOANS HELD FOR INVESTMENT, NE_7

LOANS HELD FOR INVESTMENT, NET - Loan Restructurings (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) loan
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 3,325,000
Commitments to lend any additional funds on restructured loans	$ 0
Loans that defaulted, modified in the 12 months before default to borrowers experiencing financial difficulty \| loan	0
Current
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 3,325,000
One-to-four family residential and cooperative/condominium apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,850,000
One-to-four family residential and cooperative/condominium apartment \| Current
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	2,850,000
Commercial and Industrial ("C&I") Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	475,000
Commercial and Industrial ("C&I") Loans \| Current
Financing Receivable, Allowance for Credit Loss [Line Items]
Total loans	$ 475,000

LOANS HELD FOR INVESTMENT, NE_8

LOANS HELD FOR INVESTMENT, NET - TDRs (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) loan	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses	$ 83,507	$ 78,335
Number of Loans \| loan	12
Pre-Modification Outstanding Recorded Investment	$ 37,463
Post-Modification Outstanding Recorded Investment	37,467
TDRs
Financing Receivable, Allowance for Credit Loss [Line Items]
Modifications recorded investment	22,100
Commitments to lend additional amounts	0
Allowance for credit losses	9,100
One-to-four family residential and cooperative/condominium apartment
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses	$ 5,969	6,012	$ 4,528	$ 5,932
Number of Loans \| loan	2
Pre-Modification Outstanding Recorded Investment	$ 762
Post-Modification Outstanding Recorded Investment	762
Commercial real estate ("CRE")
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses	$ 27,329	24,478	28,645	29,166
Number of Loans \| loan	1
Pre-Modification Outstanding Recorded Investment	$ 991
Post-Modification Outstanding Recorded Investment	991
Acquisition, development, and construction
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses	$ 1,723	2,515	4,758	4,857
Number of Loans \| loan	1
Pre-Modification Outstanding Recorded Investment	$ 13,500
Post-Modification Outstanding Recorded Investment	13,500
Commercial and Industrial ("C&I") Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses	$ 39,853	37,477	34,263	35,331
Number of Loans \| loan	7
Pre-Modification Outstanding Recorded Investment	$ 21,934
Post-Modification Outstanding Recorded Investment	21,938
Other Loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Allowance for credit losses	$ 273	$ 240	$ 360	$ 751
Number of Loans \| loan	1
Pre-Modification Outstanding Recorded Investment	$ 276
Post-Modification Outstanding Recorded Investment	$ 276

LOANS HELD FOR INVESTMENT, NE_9

LOANS HELD FOR INVESTMENT, NET - Deferral Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
CARES Act Loan [Abstract]
Total Loans	$ 10,731,845	$ 10,566,831
Principal balances outstanding	3,325
One-to-four family residential and cooperative/condominium apartment
CARES Act Loan [Abstract]
Total Loans	799,321	773,321
Principal balances outstanding	2,850
Commercial real estate ("CRE")
CARES Act Loan [Abstract]
Total Loans	4,510,968	4,457,630
Commercial and Industrial ("C&I") Loans
CARES Act Loan [Abstract]
Total Loans	1,074,930	$ 1,071,712
Principal balances outstanding	$ 475

LOANS HELD FOR INVESTMENT, N_10

LOANS HELD FOR INVESTMENT, NET - Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Credit Risk Profile of Real Estate Loans [Abstract]
Total Loans	$ 10,731,845	$ 10,566,831
Principal balances outstanding	3,325
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs 2022/2021		477
YTD Gross Charge-Offs 2021/2020		4,720
YTD Gross Charge-Offs 2020/2019	38	2,088
YTD Gross Charge-Offs 2018 and Prior/2017 and Prior	1,991	2,414
YTD Gross Charge-Offs Revolving		1,460
YTD Gross Charge-Offs Revolving-Term		242
YTD Gross Charge-Offs	2,029	11,401
Pass
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	369,604
2022/2021	2,838,002	2,845,426
2021/2020	1,721,953	1,733,872
2020/2019	1,094,865	1,196,053
2019/2018	1,005,728	1,024,753
2018/2017 and Prior	2,593,728	522,005
2016 and Prior		2,175,148
Revolving		726,711
Revolving-Term	60,821	59,850
Total Loans	10,398,540	10,283,818
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	713,839
Special Mention
Credit Risk Profile of Real Estate Loans [Abstract]
2022/2021	6,244	6,634
2021/2020	4,893
2020/2019	67,562	20,549
2019/2018	20,150	17,365
2018/2017 and Prior	49,956	16,628
2016 and Prior		31,664
Revolving		9,641
Revolving-Term	7,426	1,204
Total Loans	171,532	103,685
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	15,301
Substandard
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	98
2022/2021	5,454	5,242
2021/2020	2,888	2,052
2020/2019	21,181	23,234
2019/2018	11,440	19,143
2018/2017 and Prior	82,003	22,819
2016 and Prior		66,232
Revolving		11,290
Revolving-Term	10,015	10,505
Total Loans	145,460	160,517
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	12,382
Doubtful
Credit Risk Profile of Real Estate Loans [Abstract]
2019/2018	8,332	8,332
2018/2017 and Prior	809	752
2016 and Prior		2,048
Total Loans	9,141	11,132
Total real estate loans
Credit Risk Profile of Real Estate Loans [Abstract]
Total Loans	9,649,743	9,487,440
Excludes Other Loans
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	369,702
2022/2021	2,849,700	2,857,302
2021/2020	1,729,734	1,735,924
2020/2019	1,183,608	1,239,836
2019/2018	1,045,650	1,069,593
2018/2017 and Prior	2,726,496	562,204
2016 and Prior		2,275,092
Revolving	741,522	747,642
Revolving-Term	78,262	71,559
Total Loans	10,724,673	10,559,152
One-to-four family residential and cooperative/condominium apartment
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	43,242
2022/2021	223,185	225,031
2021/2020	106,629	108,185
2020/2019	72,838	73,758
2019/2018	65,785	66,742
2018/2017 and Prior	235,288	67,180
2016 and Prior		176,292
Revolving	36,239	41,751
Revolving-Term	16,116	14,382
Total Loans	799,321	773,321
Principal balances outstanding	2,850
One-to-four family residential and cooperative/condominium apartment \| Pass
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	43,242
2022/2021	223,185	225,031
2021/2020	105,682	108,185
2020/2019	71,817	72,732
2019/2018	64,559	65,515
2018/2017 and Prior	223,911	66,038
2016 and Prior		164,338
Revolving		41,172
Revolving-Term	14,027	12,563
Total Loans	782,503	755,574
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	36,080
One-to-four family residential and cooperative/condominium apartment \| Special Mention
Credit Risk Profile of Real Estate Loans [Abstract]
2018/2017 and Prior	765	735
2016 and Prior		1,175
Revolving		579
Revolving-Term	1,140	726
Total Loans	2,064	3,215
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	159
One-to-four family residential and cooperative/condominium apartment \| Substandard
Credit Risk Profile of Real Estate Loans [Abstract]
2021/2020	947
2020/2019	1,021	1,026
2019/2018	1,226	1,227
2018/2017 and Prior	10,612	407
2016 and Prior		10,779
Revolving-Term	949	1,093
Total Loans	14,754	14,532
Multifamily residential and residential mixed-use
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	137,533
2022/2021	1,378,920	1,386,549
2021/2020	600,989	582,393
2020/2019	324,128	328,718
2019/2018	411,034	414,117
2018/2017 and Prior	1,249,490	147,385
2016 and Prior		1,155,080
Revolving	11,981	12,584
Revolving-Term	4,364
Total Loans	4,118,439	4,026,826
Multifamily residential and residential mixed-use \| Pass
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	137,533
2022/2021	1,378,920	1,386,549
2021/2020	596,720	582,393
2020/2019	295,172	316,424
2019/2018	396,885	395,933
2018/2017 and Prior	1,182,588	127,074
2016 and Prior		1,107,281
Revolving		12,584
Revolving-Term	4,364
Total Loans	4,004,163	3,928,238
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	11,981
Multifamily residential and residential mixed-use \| Special Mention
Credit Risk Profile of Real Estate Loans [Abstract]
2021/2020	4,269
2020/2019	18,190
2019/2018	14,149	11,183
2018/2017 and Prior	19,272
2016 and Prior		14,168
Total Loans	55,880	25,351
Multifamily residential and residential mixed-use \| Substandard
Credit Risk Profile of Real Estate Loans [Abstract]
2020/2019	10,766	12,294
2019/2018		7,001
2018/2017 and Prior	47,630	20,311
2016 and Prior		33,631
Total Loans	58,396	73,237
Commercial real estate ("CRE")
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	168,749
2022/2021	1,017,934	1,024,486
2021/2020	848,765	854,391
2020/2019	736,634	777,757
2019/2018	508,291	522,932
2018/2017 and Prior	1,177,399	323,768
2016 and Prior		895,167
Revolving	29,949	34,362
Revolving-Term	23,247	24,767
Total Loans	4,510,968	4,457,630
Commercial real estate ("CRE") \| Pass
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	168,749
2022/2021	1,015,122	1,021,622
2021/2020	848,614	854,240
2020/2019	684,193	753,552
2019/2018	496,165	510,332
2018/2017 and Prior	1,136,286	308,265
2016 and Prior		868,099
Revolving		34,362
Revolving-Term	23,247	24,767
Total Loans	4,402,325	4,375,239
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	29,949
Commercial real estate ("CRE") \| Special Mention
Credit Risk Profile of Real Estate Loans [Abstract]
2022/2021	2,812	2,864
2020/2019	47,905	19,655
2019/2018	4,630	4,653
2018/2017 and Prior	27,888	14,372
2016 and Prior		15,478
Total Loans	83,235	57,022
Commercial real estate ("CRE") \| Substandard
Credit Risk Profile of Real Estate Loans [Abstract]
2021/2020	151	151
2020/2019	4,536	4,550
2019/2018	7,496	7,947
2018/2017 and Prior	13,225	1,131
2016 and Prior		11,590
Total Loans	25,408	25,369
Acquisition, development, and construction
Credit Risk Profile of Real Estate Loans [Abstract]
2022/2021	42,427	36,877
2021/2020	137,087	153,200
2020/2019	7,647	11,242
2019/2018	15,744	15,943
2018/2017 and Prior	609
2016 and Prior		2,087
Revolving	17,233	10,033
Revolving-Term	268	281
Total Loans	221,015	229,663
Acquisition, development, and construction \| Pass
Credit Risk Profile of Real Estate Loans [Abstract]
2022/2021	42,427	36,877
2021/2020	136,430	152,543
2020/2019	7,647	11,242
2019/2018	15,744	15,943
2018/2017 and Prior	609
2016 and Prior		2,087
Revolving		10,033
Revolving-Term	268	281
Total Loans	220,358	229,006
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	17,233
Acquisition, development, and construction \| Substandard
Credit Risk Profile of Real Estate Loans [Abstract]
2021/2020	657	657
Total Loans	657	657
Commercial and Industrial ("C&I") Loans
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	20,178
2022/2021	187,234	184,359
2021/2020	36,264	37,755
2020/2019	42,361	48,361
2019/2018	44,796	49,859
2018/2017 and Prior	63,710	23,871
2016 and Prior		46,466
Revolving	646,120	648,912
Revolving-Term	34,267	32,129
Total Loans	1,074,930	1,071,712
Principal balances outstanding	475
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs 2022/2021		477
YTD Gross Charge-Offs 2021/2020		4,720
YTD Gross Charge-Offs 2020/2019	38	2,088
YTD Gross Charge-Offs 2018 and Prior/2017 and Prior	1,991	2,414
YTD Gross Charge-Offs Revolving		1,460
YTD Gross Charge-Offs Revolving-Term		242
YTD Gross Charge-Offs	2,029	11,401
Commercial and Industrial ("C&I") Loans \| Pass
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	20,080
2022/2021	178,348	175,347
2021/2020	34,507	36,511
2020/2019	36,036	42,103
2019/2018	32,375	37,030
2018/2017 and Prior	50,334	20,628
2016 and Prior		33,343
Revolving		628,560
Revolving-Term	18,915	22,239
Total Loans	989,191	995,761
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	618,596
Commercial and Industrial ("C&I") Loans \| Special Mention
Credit Risk Profile of Real Estate Loans [Abstract]
2022/2021	3,432	3,770
2021/2020	624
2020/2019	1,467	894
2019/2018	1,371	1,529
2018/2017 and Prior	2,031	1,521
2016 and Prior		843
Revolving		9,062
Revolving-Term	6,286	478
Total Loans	30,353	18,097
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	15,142
Commercial and Industrial ("C&I") Loans \| Substandard
Credit Risk Profile of Real Estate Loans [Abstract]
2023/2022	98
2022/2021	5,454	5,242
2021/2020	1,133	1,244
2020/2019	4,858	5,364
2019/2018	2,718	2,968
2018/2017 and Prior	10,536	970
2016 and Prior		10,232
Revolving		11,290
Revolving-Term	9,066	9,412
Total Loans	46,245	46,722
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff, by Origination Year [Abstract]
YTD Gross Charge-Offs Revolving	12,382
Commercial and Industrial ("C&I") Loans \| Doubtful
Credit Risk Profile of Real Estate Loans [Abstract]
2019/2018	8,332	8,332
2018/2017 and Prior	809	752
2016 and Prior		2,048
Total Loans	9,141	11,132
Other Loans
Credit Risk Profile of Real Estate Loans [Abstract]
Total Loans	7,172	7,679
Other Loans \| Credit Risk Profile
Credit Risk Profile of Real Estate Loans [Abstract]
Total Loans	7,172
Other Loans \| Performing
Credit Risk Profile of Real Estate Loans [Abstract]
Total Loans		7,580
Other Loans \| Performing \| Credit Risk Profile
Credit Risk Profile of Real Estate Loans [Abstract]
Total Loans	7,073
Other Loans \| Non-Accrual
Credit Risk Profile of Real Estate Loans [Abstract]
Total Loans		$ 99
Other Loans \| Non-Accrual \| Credit Risk Profile
Credit Risk Profile of Real Estate Loans [Abstract]
Total Loans	$ 99

LEASES - Maturities of the Comp

LEASES - Maturities of the Company's operating lease liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Rent to be Capitalized
2023	$ 9,122
2024	12,115
2025	11,912
2026	11,225
2027	9,240
Thereafter	9,991
Total undiscounted lease payments	63,605
Less amounts representing interest	(3,848)
Operating lease liabilities	$ 59,757	$ 60,340

LEASES - Other information rela

LEASES - Other information related to operating leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Other information related to operating leases:
Operating lease cost	$ 3,141	$ 3,262
Cash paid for amounts included in the measurement of operating lease liabilities	$ 3,071	$ 2,924
Weighted average remaining lease term	5 years 8 months 12 days		5 years 10 months 24 days
Weighted average discount rate	2.12%		2.03%

DERIVATIVES AND HEDGING ACTIV_3

DERIVATIVES AND HEDGING ACTIVITIES - Cash Flow Hedges Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($) DerivativeInstrument	Mar. 31, 2022 DerivativeInstrument	Dec. 31, 2022 USD ($)
DERIVATIVES AND HEDGING ACTIVITIES
Estimated reclassification as a decrease to interest expense during next twelve months	$ 6.1
Number of derivatives terminated \| DerivativeInstrument	0	0
Collateral from its third-party counterparties under the agreements in a net asset position	$ 16
Collateral received against obligations in net asset position			$ 17.8

DERIVATIVES AND HEDGING ACTIV_4

DERIVATIVES AND HEDGING ACTIVITIES - Classification on Consolidated Statements of Financial Condition (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) DerivativeInstrument	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($) DerivativeInstrument
Cash Flow Hedges
Collateral received against obligations in net asset position			$ 17,800,000
Not Designated as Hedging Instrument
Cash Flow Hedges
Loan level derivative income	$ 3,133,000	$ 6,000
Interest Rate Swaps Related to FHLBNY Advances \| Designated as Hedging Instrument
Cash Flow Hedges
Count, assets \| DerivativeInstrument	4		4
Notional amount, assets	$ 150,000,000		$ 150,000,000
Fair value assets	$ 14,726,000		$ 17,150,000
Loan Level Interest Rate Swaps with Borrower (Assets) \| Not Designated as Hedging Instrument
Cash Flow Hedges
Count, assets \| DerivativeInstrument	14		3
Notional amount, assets	$ 256,325,000		$ 53,311,000
Fair value assets	$ 10,049,000		$ 1,524,000
Loan Level Interest Rate Swaps with Borrower (Liabilities) \| Not Designated as Hedging Instrument
Cash Flow Hedges
Count, liabilities \| DerivativeInstrument	181		185
Notional amount, liabilities	$ 1,161,586,000		$ 1,214,736,000
Fair value liabilities	99,582,000		$ 126,751,000
Posted collateral	$ 0
Loan level interest rate floors with borrower (liabilities) \| Not Designated as Hedging Instrument
Cash Flow Hedges
Count, liabilities \| DerivativeInstrument	39		40
Notional amount, liabilities	$ 294,537,000		$ 326,309,000
Fair value liabilities	5,937,000		9,060,000
Loan level interest rate swaps with third party counterparties (assets) \| Designated as Hedging Instrument
Cash Flow Hedges
Posted collateral	$ 0		$ 0
Loan level interest rate swaps with third party counterparties (assets) \| Not Designated as Hedging Instrument
Cash Flow Hedges
Count, assets \| DerivativeInstrument	14		185
Notional amount, assets	$ 256,325,000		$ 1,214,736,000
Fair value assets			126,751,000
Fair value liabilities	10,049,000
Posted collateral	0		0
Collateral received against obligations in net asset position	$ 104,700,000		$ 135,300,000
Loan level interest rate swaps with third party counterparties (liabilities) \| Not Designated as Hedging Instrument
Cash Flow Hedges
Count, liabilities \| DerivativeInstrument	181		3
Notional amount, assets	$ 1,161,586,000
Notional amount, liabilities			$ 53,311,000
Fair value assets	$ 99,582,000
Fair value liabilities			$ 1,524,000
Loan level interest rate floors with third party counterparties (assets) \| Not Designated as Hedging Instrument
Cash Flow Hedges
Count, assets \| DerivativeInstrument	39		40
Notional amount, assets	$ 294,537,000		$ 326,309,000
Fair value assets	$ 5,937,000		$ 9,060,000

DERIVATIVES AND HEDGING ACTIV_5

DERIVATIVES AND HEDGING ACTIVITIES - Effect on Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Effect of cash flow hedge accounting on Accumulated Other Comprehensive Income (Loss):
(Loss) gain recognized in other comprehensive income (loss)	$ (2,111)	$ 6,852
Interest Rate Products \| Other Comprehensive Income
Effect of cash flow hedge accounting on Accumulated Other Comprehensive Income (Loss):
(Loss) gain recognized in other comprehensive income (loss)	(2,111)	6,852
Interest Rate Products \| Other Comprehensive Income \| Interest Expense
Effect of cash flow hedge accounting on Accumulated Other Comprehensive Income (Loss):
Gain (loss) reclassified from other comprehensive income into interest expense	$ 313	$ (31)

DERIVATIVES AND HEDGING ACTIV_6

DERIVATIVES AND HEDGING ACTIVITIES - Risk Participation and Credit Risk Related Contingent Features (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
DERIVATIVES AND HEDGING ACTIVITIES
Risk Participation Agreements, Liabilities, Notional Value	$ 94,300,000	$ 71,100,000
Credit Risk Related Contingent Features [Abstract]
Derivatives in a net liability position	0
Termination value of derivatives	$ 0
Number of provisions breached	0

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS - Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financial Assets
Derivative assets	$ 130,294	$ 154,485
Financial Liabilities
Derivative liabilities	115,568	137,335
Recurring \| Cash flow hedges
Financial Assets
Derivative assets	14,726	17,150
Recurring \| Freestanding derivatives, net
Financial Assets
Derivative assets	115,568	137,335
Financial Liabilities
Derivative liabilities	115,568	137,335
Recurring \| Level 2 Inputs \| Cash flow hedges
Financial Assets
Derivative assets	14,726	17,150
Recurring \| Level 2 Inputs \| Freestanding derivatives, net
Financial Assets
Derivative assets	115,568	137,335
Financial Liabilities
Derivative liabilities	115,568	137,335
Nonrecurring \| Level 3 Inputs
Certain individually evaluated loans
Individually evaluated loans	1,945	1,179
Carrying Amount
Certain individually evaluated loans
Individually evaluated loans	10,651,565	10,482,145
Carrying Amount \| Nonrecurring
Certain individually evaluated loans
Individually evaluated loans	1,945	1,179
Agency Notes \| Recurring
Financial Assets
Securities available-for-sale:	9,291
Agency Notes \| Recurring \| Level 2 Inputs
Financial Assets
Securities available-for-sale:	9,291
Treasury Securities \| Recurring
Financial Assets
Securities available-for-sale:	230,431	227,256
Treasury Securities \| Recurring \| Level 2 Inputs
Financial Assets
Securities available-for-sale:	230,431	227,256
Corporate Securities \| Recurring
Financial Assets
Securities available-for-sale:	143,882	166,773
Corporate Securities \| Recurring \| Level 2 Inputs
Financial Assets
Securities available-for-sale:	143,882	166,773
Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs") \| Recurring
Financial Assets
Mortgage-backed securities	235,074	241,240
Pass-through mortgage-backed securities ("MBS") issued by government sponsored entities ("GSEs") \| Recurring \| Level 2 Inputs
Financial Assets
Mortgage-backed securities	235,074	241,240
Agency collateralized mortgage obligations ("CMOs") \| Recurring
Financial Assets
Securities available-for-sale:	278,394	281,339
Agency collateralized mortgage obligations ("CMOs") \| Recurring \| Level 2 Inputs
Financial Assets
Securities available-for-sale:	278,394	281,339
State and municipal obligations. \| Recurring
Financial Assets
Securities available-for-sale:	29,740	33,979
State and municipal obligations. \| Recurring \| Level 2 Inputs
Financial Assets
Securities available-for-sale:	$ 29,740	$ 33,979

FAIR VALUE OF FINANCIAL INSTR_4

FAIR VALUE OF FINANCIAL INSTRUMENTS - Individually evaluated loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis [Abstract]
Individually evaluated loans outstanding balance, net of a valuation allowance	$ 10,653,510		$ 10,483,324
Allowance for credit losses	78,335		83,507
Credit loss (release) provision	(3,648)	$ (1,592)
Nonrecurring
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis [Abstract]
Individually evaluated loans outstanding balance, net of a valuation allowance	3,100		2,500
Allowance for credit losses	1,200		1,300
Nonrecurring \| Level 3 Inputs
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis [Abstract]
Individually evaluated loans	1,945		1,179
Carrying Amount
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis [Abstract]
Individually evaluated loans	10,651,565		10,482,145
Carrying Amount \| Nonrecurring
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis [Abstract]
Individually evaluated loans	1,945		$ 1,179
Collateral dependent loans \| Nonrecurring
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis [Abstract]
Credit loss (release) provision	$ (132)

FAIR VALUE OF FINANCIAL INSTR_5

FAIR VALUE OF FINANCIAL INSTRUMENTS - Financial Instruments Not Measured at Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Financial Assets [Abstract]
Securities held-to-maturity	$ 532,572	$ 505,759
Carrying Amount
Financial Assets [Abstract]
Cash and due from banks	663,132	169,297
Securities held-to-maturity	605,642	585,798
Loans held for investment, net	10,651,565	10,482,145
Accrued interest receivable	49,926	48,561
Financial Liabilities [Abstract]
Savings, money market and checking accounts	9,050,968	9,139,043
Certificates of Deposits ("CDs")	1,519,267	1,115,364
FHLBNY Advances	1,498,000	1,131,000
Subordinated debt, net	200,261	200,283
Other short-term borrowings	2,068	1,360
Accrued interest payable	12,842	5,323
Fair Value
Financial Assets [Abstract]
Cash and due from banks	663,132	169,297
Securities held-to-maturity	532,572	505,759
Loans held for investment, net	10,123,743	10,005,121
Accrued interest receivable	49,926	48,561
Financial Liabilities [Abstract]
Savings, money market and checking accounts	9,050,968	9,139,043
Certificates of Deposits ("CDs")	1,503,948	1,096,808
FHLBNY Advances	1,502,366	1,131,217
Subordinated debt, net	164,461	180,583
Other short-term borrowings	2,068	1,360
Accrued interest payable	12,842	5,323
Level 1 Inputs \| Fair Value
Financial Assets [Abstract]
Cash and due from banks	663,132	169,297
Financial Liabilities [Abstract]
Savings, money market and checking accounts	9,050,968	9,139,043
Other short-term borrowings	2,068	1,360
Level 2 Inputs \| Fair Value
Financial Assets [Abstract]
Securities held-to-maturity	532,572	505,759
Accrued interest receivable	5,505	6,105
Financial Liabilities [Abstract]
Certificates of Deposits ("CDs")	1,503,948	1,096,808
FHLBNY Advances	1,502,366	1,131,217
Subordinated debt, net	164,461	180,583
Accrued interest payable	12,842	5,323
Level 3 Inputs \| Fair Value
Financial Assets [Abstract]
Loans held for investment, net	10,123,743	10,005,121
Accrued interest receivable	$ 44,421	$ 42,456

OTHER INTANGIBLE ASSETS - Carry

OTHER INTANGIBLE ASSETS - Carrying amount and accumulated amortization of intangible assets, amortizable and arose from merger (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Acquired intangible assets:
Gross carrying value	$ 10,984	$ 10,984
Accumulated amortization	(4,877)	(4,500)
Total	6,107	6,484
Core deposits
Acquired intangible assets:
Gross carrying value	10,204	10,204
Accumulated amortization	(4,097)	(3,720)
Total	6,107	6,484
Noncompete Agreements
Acquired intangible assets:
Gross carrying value	780	780
Accumulated amortization	$ (780)	$ (780)

OTHER INTANGIBLE ASSETS - Narra

OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
OTHER INTANGIBLE ASSETS
Amortization expense recognized on intangible assets	$ 377	$ 586

OTHER INTANGIBLE ASSETS - Estim

OTHER INTANGIBLE ASSETS - Estimated amortization expense (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
OTHER INTANGIBLE ASSETS
2023	$ 1,048
2024	1,163
2025	958
2026	795
2027	664
Thereafter	1,479
Total	$ 6,107	$ 6,484

FHLBNY ADVANCES (Details)

FHLBNY ADVANCES (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Contractual Maturity, Amount
2023	$ 800,000	$ 1,100,000
2024	698,000	36,000
Total FHLBNY advances, amount	$ 1,498,000	$ 1,131,000
Weighted Average Rate
Total FHLBNY advances, Weighted Average Rate (as a percent)	5.04%	4.55%
Fixed rate at rates from 3.85% to 4.75%
Contractual Maturity, Amount
2023		$ 1,095,000
Weighted Average Rate
2023		4.56%
Fixed rate at rates from 4.82% to 5.31%
Contractual Maturity, Amount
2023	$ 800,000
Weighted Average Rate
2023	5.13%
Fixed rate at rates from 4.85% to 5.16%
Contractual Maturity, Amount
2024	$ 650,000
Weighted Average Rate
2024	5%
Fixed rate at 4.25%
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLBNY advances, fixed rate	4.25%	4.25%
Contractual Maturity, Amount
2027	$ 36,000	$ 36,000
Weighted Average Rate
2027	4.25%	4.25%
Fixed rate at 4.04%
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLBNY advances, fixed rate	4.04%
Contractual Maturity, Amount
2028	$ 12,000
Weighted Average Rate
2028	4.04%
Maximum \| Fixed rate at rates from 3.85% to 4.75%
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLBNY advances, fixed rate		4.75%
Maximum \| Fixed rate at rates from 4.82% to 5.31%
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLBNY advances, fixed rate	5.31%
Maximum \| Fixed rate at rates from 4.85% to 5.16%
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLBNY advances, fixed rate	5.16%
Minimum \| Fixed rate at rates from 3.85% to 4.75%
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLBNY advances, fixed rate		3.85%
Minimum \| Fixed rate at rates from 4.82% to 5.31%
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLBNY advances, fixed rate	4.82%
Minimum \| Fixed rate at rates from 4.85% to 5.16%
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLBNY advances, fixed rate	4.85%

FHLBNY ADVANCES - Narrative (De

FHLBNY ADVANCES - Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
FHLBNY ADVANCES - Narrative (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
FHLBNY ADVANCES
Borrowings total	$ 1,500,000,000	$ 1,130,000,000
Average interest rate on outstanding FHLBNY	5.04%	4.55%
Borrowings	$ 4,450,000,000	$ 4,130,000,000
Callable advances	0
Extinguishment of debt	0	0
FHLBNY advances with an overnight contractual maturity	$ 0	$ 0

SUBORDINATED DEBENTURES (Detail

SUBORDINATED DEBENTURES (Details) - USD ($) $ in Thousands			3 Months Ended
SUBORDINATED DEBENTURES (Details) - USD ($) $ in Thousands	Jun. 30, 2022	May 06, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	Jun. 15, 2022
Debt Instrument [Line Items]
Subordinated notes payable, net			$ 200,300		$ 200,300
Interest expense related to the subordinated debt			$ 2,600	$ 2,200
Fixed to Floating Rate Subordinated Notes Due 2032 (the Notes)
Debt Instrument [Line Items]
Aggregate principal amount issued		$ 160,000
Date after debt becomes callable		May 15, 2027
Fixed to Floating Rate Subordinated Notes Due 2032 (the Notes) \| Prior to May 15, 2027
Debt Instrument [Line Items]
Fixed annual interest rate		5%
Fixed to Floating Rate Subordinated Notes Due 2032 (the Notes) \| On or after August 15, 2027 \| SOFR
Debt Instrument [Line Items]
Basis points added to benchmark rate		218%
Fixed to Floating Rate Subordinated Notes Due 2027 (4.50%)
Debt Instrument [Line Items]
Fixed annual interest rate						4.50%
Net proceeds of the offering for the repayment						$ 115,000
Write-off of debt issuance costs	$ 740
Fixed to Floating Rate Subordinated Notes Due 2025 (5.25%)
Debt Instrument [Line Items]
Fixed annual interest rate	5.25%
Net proceeds of the offering for the repayment	$ 40,000

RETIREMENT AND POSTRETIREMENT_3

RETIREMENT AND POSTRETIREMENT PLANS - Net periodic benefit (credit) cost for the Employee Retirement Plan (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other	Other
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other	Other
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other	Other
BNB Bank Pension Plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	$ 175	$ 268
Interest cost	330	195
Expected return on plan assets	(687)	(858)
Net periodic credit	(182)	(395)
Employee Retirement Plan
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Interest cost	223	155
Expected return on plan assets	(383)	(490)
Amortization of unrealized loss	148	62
Net periodic credit	(12)	$ (273)
RETIREMENT PLANS
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 0

RETIREMENT AND POSTRETIREMENT_4

RETIREMENT AND POSTRETIREMENT PLANS - 401(K) Plan - (Details) - 401 K Plan - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Maximum contribution by employee, for the calendar year	$ 20,500
Percentage of match for first 1% of employee contributions	100%
Percentage of employee contribution on which 100% match by employer	1%
Percentage of match on next 1% of employee contributions	50%
Common stock within the accounts of participants	$ 5,600,000
Total expense recognized as a component of salaries and employee benefits expense	$ 936,000	$ 800,000
Maximum
Defined Benefit Plan Disclosure [Line Items]
Percentage of employee contribution on which 50% match by employer	6%
Maximum Percentage of participating employee contribution	3.50%

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details)	Mar. 31, 2023 shares
2021 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares reserved for issuance	673,756

STOCK-BASED COMPENSATION - Stoc

STOCK-BASED COMPENSATION - Stock Option Awards (Details) - Stock Option Awards - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Number of Options [Roll Forward]
Options outstanding, beginning of period (in shares)	92,137
Options outstanding, end of period (in shares)	92,137	92,137
Options vested and exercisable, end of period (in shares)	92,137
Weighted-Average Exercise Price [Abstract]
Options outstanding, beginning of period (in dollars per share)	$ 35.39
Options outstanding, end of period (in dollars per share)	35.39	$ 35.39
Options vested and exercisable. end of period (in dollars per share)	$ 35.39
Weighted-Average Remaining Contractual Years
Options outstanding	6 years	6 years 2 months 12 days
Options vested and exercisable	6 years
Aggregate Intrinsic Value [Abstract]
Options outstanding	$ 0	$ 0
Options vested and exercisable	$ 0

STOCK-BASED COMPENSATION - St_2

STOCK-BASED COMPENSATION - Stock Option Awards Exercise Price Range (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
$34.87
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 34.87
$35.35
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	35.35
$36.19
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	36.19
Stock Option Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Prices	$ 35.39	$ 35.39
Outstanding Options, Amount	92,137	92,137
Outstanding Options, Weighted Average Contractual Years Remaining	6 years	6 years 2 months 12 days
Vested Options, Amount	92,137
Vested Options, Weighted Average Contractual Years Remaining	6 years
Stock Option Awards \| $34.87
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Amount	35,671
Outstanding Options, Weighted Average Contractual Years Remaining	6 years 10 months 24 days
Vested Options, Amount	35,671
Vested Options, Weighted Average Contractual Years Remaining	6 years 10 months 24 days
Stock Option Awards \| $35.35
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Amount	32,079
Outstanding Options, Weighted Average Contractual Years Remaining	5 years 10 months 24 days
Vested Options, Amount	32,079
Vested Options, Weighted Average Contractual Years Remaining	5 years 10 months 24 days
Stock Option Awards \| $36.19
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Amount	24,387
Outstanding Options, Weighted Average Contractual Years Remaining	4 years 10 months 24 days
Vested Options, Amount	24,387
Vested Options, Weighted Average Contractual Years Remaining	4 years 10 months 24 days

STOCK-BASED COMPENSATION - Rest

STOCK-BASED COMPENSATION - Restricted Stock Awards (Details) - Restricted Stock Awards - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Restricted Stock Awards [Abstract]
Unrecognized compensation cost	$ 10,200
Weighted average remaining years for which compensation expense is to be recognized	2 years 2 months 12 days
Number of Shares
Unvested allocated shares outstanding, beginning of period (in shares)	350,758
Shares granted (in shares)	195,437
Shares vested (in shares)	(92,897)
Shares forfeited (in shares)	(1,284)
Unvested allocated shares outstanding, end of period (in shares)	452,014
Weighted-Average Grant-Date Fair Value [Abstract]
Unvested allocated shares outstanding, beginning of period (in dollars per share)	$ 28.63
Shares granted (in dollars per share)	26.40
Shares vested (in dollars per share)	27.46
Shares forfeited (in dollars per share)	27.29
Unvested allocated shares outstanding, end of period (in dollars per share)	$ 27.91
Information Related to RSAs
Compensation expense recognized	$ 1,058	$ 1,024
Income tax (expense) benefit recognized on vesting of RSAs	$ (13)	$ 329

STOCK-BASED COMPENSATION - Perf

STOCK-BASED COMPENSATION - Performance Based Equity Awards (Details) - Performance Shares - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Performance Based Equity Awards [Abstract]
Percentage of threshold target for each award eligible to be earned based on relative performance	50%
Percentage of target for each award eligible to be earned based on relative performance	100%
Percentage of maximum target for each award eligible to be earned based on relative performance	150%
Award vesting period	3 years
Number of Shares
Shares granted, Number of Shares	92,187
Minimum aggregate share payout, Number of Shares	0
Expected aggregate share payout, Number of Shares	157,468
Weighted-Average Grant-Date Fair Value [Abstract]
Shares granted, Weighted-Average Grant-Date Fair Value	$ 16.97
Minimum aggregate share payout, Weighted-Average Grant-Date Fair Value	0
Expected aggregate share payout, Weighted-Average Grant-Date Fair Value	$ 22.58
Information Related to Stock Awards
Compensation expense recognized	$ 245	$ 195
Income tax expense recognized on vesting of PSAs	(15)
Unrecognized compensation cost	$ 2,400
Weighted average remaining years for which compensation expense is to be recognized	2 years 2 months 12 days
Maximum
Number of Shares
Maximum aggregate share payout beginning balance, Number of Shares	95,831
Maximum aggregate share payout ending balance, Number of Shares	188,018
Weighted-Average Grant-Date Fair Value [Abstract]
Maximum aggregate share payout beginning balance, Weighted-Average Grant-Date Fair Value	$ 30.35
Maximum aggregate share payout ending balance, Weighted-Average Grant-Date Fair Value	$ 23.79

INCOME TAXES (Details)

INCOME TAXES (Details) - item	3 Months Ended
INCOME TAXES (Details) - item	Mar. 31, 2023	Mar. 31, 2022
INCOME TAXES
Effective tax rate	26.80%	28.10%
Number of significant and unusual income tax items in the period		0