DERIVATIVES AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2022

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 loss as of December 31, 2022, 2021 and 2020.

	Year Ended December 31,
(In thousands)	2022		2021		2020
Gain (loss) recognized in other comprehensive income (loss)	$	14,412	$	5,277	$	(24,449)
Gain recognized on termination of derivatives		—		16,505		6,596
Gain (loss) reclassified from other comprehensive income into interest expense		1,621		(940)		(6,127)

Designated as Hedging Instrument

Derivatives, Fair Value [Line Items]

Fair Value of Derivative Financial Instruments and Classification on Consolidated Statements of Financial Condition

	December 31, 2022							December 31, 2021
		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	$	17,150	$	—	4	$	150,000	$	4,358	$	—

Not Designated as Hedging Instrument [Member]

Derivatives, Fair Value [Line Items]

Fair Value of Derivative Financial Instruments and Classification on Consolidated Statements of Financial Condition

	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		—

	December 31, 2021
		Notional		Fair Value		Fair Value
(In thousands)	Count	Amount		Assets		Liabilities
Included in derivative assets/(liabilities):
Loan level interest rate swaps with borrower	98	$	599,003	$	27,440	$	—
Loan level interest rate swaps with borrower	87		612,610		—		(12,620)
Loan level interest rate floors with borrower	33		291,990		615		—
Loan level interest rate floors with borrower	12		100,774		—		(53)
Loan level interest rate swaps with third-party counterparties	98		599,003		—		(27,440)
Loan level interest rate swaps with third-party counterparties	87		612,610		12,620		—
Loan level interest rate floors with third-party counterparties	33		291,990		—		(615)
Loan level interest rate floors with third-party counterparties	12		100,774		53		—

Loan Level Derivative Income

	Year Ended December 31,
(In thousands)	2022		2021		2020
Loan level derivative income	$	3,637	$	2,909	$	8,872