DERIVATIVES AND HEDGING ACTIVITIES (Tables)

3 Months Ended

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