Acquisitions (Tables)

12 Months Ended

Dec. 31, 2023

Business Combinations [Abstract]

Schedule of recognized identified assets acquired and liabilities assumed

The following table sets forth assets acquired, and liabilities assumed in the acquisition of Freehold Entities, at their estimated fair values as of the closing date of the transaction:

		December 1, 2021
Assets acquired:	(In thousands)
Cash and cash equivalents		$	20,417
Debt securities available for sale		118,017
Federal Home Loan Bank stock		3,032
Loans receivable		158,912
Accrued interest receivable		867
Office properties and equipment, net		5,934
Bank-owned life insurance		8,661
Deferred tax assets, net		454
Core deposit intangibles		42
Other assets		162
Total assets acquired		$	316,498
Liabilities assumed:
Deposits		$	210,117
Borrowings		59,908
Advance payments by borrowers for taxes and insurance		495
Accrued expenses and other liabilities		4,822
Total liabilities assumed		$	275,342
Net assets acquired		$	41,156
Fair market value of stock issued to Columbia Bank MHC for purchase		47,260
Goodwill recorded at merger		$	6,104

The following table sets forth assets acquired, and liabilities assumed in the acquisition of the RSI Entities, at their estimated

fair values as of the closing date of the transaction:

		May 1, 2022
Assets acquired:	(In thousands)
Cash and cash equivalents		$	140,769
Debt securities available for sale		79,024
Equity securities		1,075
Federal Home Loan Bank stock		906
Loans receivable		335,501
Accrued interest receivable		910
Office properties and equipment, net		7,296
Bank-owned life insurance		13,033
Deferred tax assets, net		3,633
Core deposit intangibles		10,271
Other assets		2,723
Total assets acquired		$	595,141
Liabilities assumed:
Deposits		$	502,732
Borrowings		5,762
Advance payments by borrowers for taxes and insurance		1,341
Accrued expenses and other liabilities		10,568
Total liabilities assumed		$	520,403
Net assets acquired		$	74,738
Fair market value of stock issued to Columbia Bank MHC for purchase		102,741
Goodwill recorded at merger		$	28,003