XML 71 R98.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements - Book Value and Estimated Fair Value of Bank's Significant Financial Instruments Not Recorded at Fair Value (Detail) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Financial Assets:    
Securities held-to-maturity $ 474,215us-gaap_HeldToMaturitySecuritiesFairValue $ 495,082us-gaap_HeldToMaturitySecuritiesFairValue
Financial Liabilities:    
Time deposits 207,218us-gaap_TimeDeposits 217,943us-gaap_TimeDeposits
Securities sold under agreements to repurchase with retail customers 67,812us-gaap_SecuritiesSoldUnderAgreementsToRepurchase 68,304us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
Book Value [Member]    
Financial Assets:    
Cash and due from banks 36,117us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
33,958us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Securities held-to-maturity 469,417us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
495,599us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Federal Home Loan Bank of New York stock 19,170us-gaap_InvestmentInFederalHomeLoanBankStockFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
14,518us-gaap_InvestmentInFederalHomeLoanBankStockFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Loans receivable and mortgage loans held-for-sale 1,693,047us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
1,542,245us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Financial Liabilities:    
Deposits other than time deposits 1,512,917ocfc_DepositsOtherThanTimeDepositsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
1,528,820ocfc_DepositsOtherThanTimeDepositsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Time deposits 207,218us-gaap_TimeDeposits
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
217,943us-gaap_TimeDeposits
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Securities sold under agreements to repurchase with retail customers 67,812us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
68,304us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Federal Home Loan Bank advances and other borrowings 332,738us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
202,500us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Level 1 Inputs [Member]    
Financial Assets:    
Cash and due from banks 36,117us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
33,958us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Financial Liabilities:    
Securities sold under agreements to repurchase with retail customers 67,812us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
68,304us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Level 2 Inputs [Member]    
Financial Assets:    
Securities held-to-maturity 474,215us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
493,432us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Financial Liabilities:    
Deposits other than time deposits 1,512,917ocfc_DepositsOtherThanTimeDepositsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
1,528,820ocfc_DepositsOtherThanTimeDepositsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Time deposits 208,651us-gaap_TimeDeposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
220,409us-gaap_TimeDeposits
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Federal Home Loan Bank advances and other borrowings 332,432us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
201,393us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Level 3 Inputs [Member]    
Financial Assets:    
Securities held-to-maturity   1,650us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Federal Home Loan Bank of New York stock 19,170us-gaap_InvestmentInFederalHomeLoanBankStockFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
14,518us-gaap_InvestmentInFederalHomeLoanBankStockFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Loans receivable and mortgage loans held-for-sale $ 1,709,819us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
$ 1,561,208us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member