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BUSINESS SEGMENTS - Schedule of Income and Total Assets for Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Net interest income $ 39,622 $ 31,793  
Noninterest income 14,714 17,820  
Total income 54,336 49,613  
Provision for credit losses [1] 2,375 225  
Compensation and employee benefits 22,449 21,990  
Premises and equipment 4,647 4,113  
FDIC insurance expense 471 585  
Other operating expense 6,602 4,906  
Total operating expense 36,544 31,819  
INCOME BEFORE INCOME TAX EXPENSE 17,792 17,794  
Income tax expense 4,351 4,616  
NET INCOME 13,441 13,178  
Total assets at period end 6,255,664 5,969,627 $ 6,077,993
Banking Segment [Member]      
Net interest income 37,999 30,226  
Noninterest income (429) 5,140  
Total income 37,570 35,366  
Provision for credit losses 2,375 225  
Compensation and employee benefits 16,403 16,428  
Premises and equipment 3,931 3,570  
FDIC insurance expense 471 585  
Other operating expense 4,166 2,391  
Total operating expense 27,346 23,199  
INCOME BEFORE INCOME TAX EXPENSE 10,224 12,167  
Income tax expense 2,300 3,159  
NET INCOME 7,924 9,008  
Total assets at period end 6,155,011 5,883,553  
Peapack Private Segment [Member]      
Net interest income 1,623 1,567  
Noninterest income 15,143 12,680  
Total income 16,766 14,247  
Provision for credit losses 0 0  
Compensation and employee benefits 6,046 5,562  
Premises and equipment 716 543  
FDIC insurance expense 0 0  
Other operating expense 2,436 2,515  
Total operating expense 9,198 8,620  
INCOME BEFORE INCOME TAX EXPENSE 7,568 5,627  
Income tax expense 2,051 1,457  
NET INCOME 5,517 4,170  
Total assets at period end $ 100,653 $ 86,074  
[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.