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BUSINESS SEGMENTS - Schedule of Income and Total Assets for Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Net interest income $ 42,893 $ 33,845 $ 82,515 $ 65,638  
Noninterest income 18,508 17,678 33,222 35,498  
Total income 61,401 51,523 115,737 101,136  
Provision for credit losses [1] 1,449 900 3,824 1,125  
Compensation and employee benefits 21,882 19,910 44,331 41,900  
Premises and equipment 4,640 4,074 9,287 8,187  
FDIC insurance expense 503 529 974 1,114  
Other operating expense 5,634 6,171 12,236 11,077  
Total operating expense 34,108 31,584 70,652 63,403  
INCOME BEFORE INCOME TAX EXPENSE 27,293 19,939 45,085 37,733  
Income tax expense 7,193 5,521 11,544 10,137  
NET INCOME 20,100 14,418 33,541 27,596  
Total assets at period end 6,151,167 5,791,688 6,151,167 5,791,688 $ 6,077,993
Banking Segment [Member]          
Net interest income 41,078 32,399 79,077 62,625  
Noninterest income 4,119 4,194 3,690 9,334  
Total income 45,197 36,593 82,767 71,959  
Provision for credit losses 1,449 900 3,824 1,125  
Compensation and employee benefits 15,476 14,369 31,879 30,797  
Premises and equipment 3,835 3,519 7,766 7,089  
FDIC insurance expense 503 529 974 1,114  
Other operating expense 3,212 3,817 7,378 6,208  
Total operating expense 24,475 23,134 51,821 46,333  
INCOME BEFORE INCOME TAX EXPENSE 20,722 13,459 30,946 25,626  
Income tax expense 5,624 3,721 7,924 6,880  
NET INCOME 15,098 9,738 23,022 18,746  
Total assets at period end 6,046,082 5,700,105 6,046,082 5,700,105  
Peapack Private Segment [Member]          
Net interest income 1,815 1,446 3,438 3,013  
Noninterest income 14,389 13,484 29,532 26,164  
Total income 16,204 14,930 32,970 29,177  
Compensation and employee benefits 6,406 5,541 12,452 11,103  
Premises and equipment 805 555 1,521 1,098  
Other operating expense 2,422 2,354 4,858 4,869  
Total operating expense 9,633 8,450 18,831 17,070  
INCOME BEFORE INCOME TAX EXPENSE 6,571 6,480 14,139 12,107  
Income tax expense 1,569 1,800 3,620 3,257  
NET INCOME 5,002 4,680 10,519 8,850  
Total assets at period end $ 105,085 $ 91,583 $ 105,085 $ 91,583  
[1] Commencing on January 1, 2022, the allowance calculation is based on the current expected credit loss methodology. Prior to January 1, 2022, the calculation was based on the incurred loss methodology.