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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:              
Net income $ 38,485,000 $ 34,531,000 $ 51,278,000 $ (21,034,000) $ 73,016,000 $ 30,244,000  
Adjustments to reconcile net income to net cash provided by operating activities:              
Net gain on sales of securities available-for-sale and other assets           (730,000)  
Net gain on equity securities 0   0   0 (131,000)  
Net gain on sale of loans held for sale         (1,304,000) (23,063,000)  
Loss on termination of derivatives           16,505,000  
Net depreciation, amortization and accretion         4,370,000 817,000  
Amortization of other intangible assets 430,000   835,000   1,016,000 1,192,000  
Loss on extinguishment of debt     157,000   740,000 1,751,000  
Stock-based compensation         2,165,000 2,350,000  
(Credit) provision for credit losses 44,000   (4,248,000)   (1,548,000) 11,531,000  
Originations of loans held for sale         (14,790,000) (26,198,000)  
Proceeds from sale of loans originated for sale         28,069,000 42,679,000  
Increase in cash surrender value of BOLI         (3,826,000) (2,932,000)  
Gain from death benefits from BOLI         (2,156,000)    
(Increase) decrease in other assets         (32,856,000) 93,355,000  
Increase (decrease) in other liabilities         94,513,000 (89,649,000)  
Net cash provided by operating activities         147,409,000 57,721,000  
CASH FLOWS FROM INVESTING ACTIVITIES:              
Proceeds from sales of securities available-for-sale           138,077,000  
Proceeds from sales of marketable equity securities           6,101,000  
Purchases of securities available-for-sale         (6,210,000) (508,315,000)  
Purchases of securities held-to-maturity         (41,631,000)    
Proceeds from calls and principal repayments of securities available-for-sale         112,270,000 290,439,000  
Proceeds from calls and principal repayments of securities held-to-maturity         14,102,000    
Purchase of BOLI         (30,000,000) (40,000,000)  
Proceeds received from cash surrender value of BOLI         2,843,000    
Proceeds from the sale of portfolio loans transferred to held for sale         13,201,000 667,629,000  
Net increase in loans         (439,736,000) (24,351,000)  
Purchases of fixed assets, net         (1,753,000) (643,000)  
(Purchases) redemptions of restricted stock, net         (4,378,000) 61,620,000  
Net cash received in business combination         0 715,988,000  
Net cash (used in) provided by investing activities         (381,292,000) 1,306,545,000  
CASH FLOWS FROM FINANCING ACTIVITIES:              
Increase in deposits         107,245,000 1,125,900,000  
Proceeds (repayments) from FHLBNY advances, short-term, net         75,000,000 (1,228,865,000)  
Repayments of FHLBNY advances, long-term           (190,150,000)  
Proceeds from FHLBNY advances, long-term           25,000,000  
Proceeds (repayments) of other short-term borrowings, net         300,000 (118,159,000)  
Proceeds from subordinated debentures issuance, net         157,559,000    
Redemption of subordinated debentures         (155,000,000)    
Proceeds from exercise of stock options           396,000  
Release of stock for benefit plan awards         568,000 539,000  
Payments related to tax withholding for equity awards         (1,415,000) (147,000)  
BMP ESOP shares received to satisfy distribution of retirement benefits           (993,000)  
Purchase of treasury stock         (40,292,000) (13,825,000)  
Cash dividends paid to preferred stockholders         (3,643,000) (3,643,000)  
Cash dividends paid to common stockholders         (18,674,000) (19,739,000)  
Net cash provided by (used in) financing activities         121,648,000 (423,686,000)  
(Decrease) increase in cash and cash equivalents         (112,235,000) 940,580,000  
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD   $ 393,722,000   $ 243,603,000 393,722,000 243,603,000 $ 243,603,000
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 281,487,000   $ 1,184,183,000   281,487,000 1,184,183,000 $ 393,722,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:              
Cash paid for income taxes         22,057,000 4,655,000  
Cash paid for interest         10,895,000 17,302,000  
Securities available-for-sale transferred to held-to-maturity         372,153,000    
Loans transferred to held for sale         24,178,000 674,350,000  
Loans transferred to held for investment         4,078,000    
Premises transferred to held for sale           2,799,000  
Operating lease assets in exchange for operating lease liabilities         $ 1,004,000 4,048,000  
Cumulative change due to Current Expected Credit Loss ("CECL") Standard adoption           1,686,000  
Net non-cash liabilities assumed in Merger (See Note 2)           $ 324,479,000