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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income [Abstract]        
Net income $ 29,483 $ 30,555 $ 55,242 $ 63,252
Other comprehensive loss:        
Net unrealized loss on debt securities (net of tax benefit of $4,460 and $8,388 in 2022 and tax benefit of $102 and $214 in 2021, respectively) (13,996) (387) (26,368) (803)
Accretion of unrealized loss on debt securities reclassified to held-to-maturity (net of tax expense of $61 and $126 in 2022 and tax expense of $70 and $143 in 2021) 89 101 178 208
Reclassification adjustment for gains included in net income (net of tax benefit of $5 and $26 in 2022) (16) 0 (82) 0
Total other comprehensive loss, net of tax (13,923) (286) (26,272) (595)
Total comprehensive income 15,560 30,269 28,970 62,657
Less: comprehensive income attributable to non-controlling interest 522 0 522 0
Comprehensive income attributable to OceanFirst Financial Corp. 15,038 30,269 28,448 62,657
Less: Dividends on preferred shares 1,004 1,004 2,008 2,008
Comprehensive income available to common stockholders $ 14,034 $ 29,265 $ 26,440 $ 60,649