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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Net income $ 28,610 $ 27,899
Other comprehensive income:    
Net unrealized gain on debt securities (net of tax expense of $634 in 2024 and $1,766 in 2023) 1,993 5,547
Accretion of unrealized loss on debt securities reclassified to held-to-maturity (net of tax expense of $42 in 2024 and $56 in 2023) 61 79
Unrealized (loss) gain on derivative hedges (net of tax benefit of $302 in 2024 and tax expense of $131 in 2023) (949) 412
Reclassification adjustment for losses included in net income (net of tax expense of $109 in 2024 and $201 in 2023) 342 629
Total other comprehensive income, net of tax 1,447 6,667
Total comprehensive income 30,057 34,566
Less: comprehensive (loss) income attributable to non-controlling interest (57) 16
Comprehensive income attributable to OceanFirst Financial Corp. 30,114 34,550
Less: Dividends on preferred shares 1,004 1,004
Total comprehensive income available to common stockholders $ 29,110 $ 33,546