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Consolidated Statements of Changes in Shareholders’ Equity - USD ($)
$ in Thousands
Total
Charitable Foundation
Blue Foundry Bank ESOP
Common Stock
Common Stock
Charitable Foundation
Additional Paid-In Capital
Additional Paid-In Capital
Charitable Foundation
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period at Dec. 31, 2019 $ 237,620   $ 0 $ 10   $ 822   $ 237,305 $ (517)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net loss (31,506)             (31,506)  
Purchase of common shares by the ESOP (2,281,800 shares) 0                
Other comprehensive income (514)               (514)
Balance at end of period at Dec. 31, 2020 205,600   0 10   822   205,799 (1,031)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net loss (36,342)             (36,342)  
Proceeds from stock issued during the period 273,598 $ 7,500   268 $ 7 273,330 $ 7,493    
Purchase of common shares by the ESOP (2,281,800 shares) (22,818)   (22,818)            
ESOP shares committed to be released (91,272 shares) 1,274   913     361      
Other comprehensive income 659               659
Balance at end of period at Dec. 31, 2021 $ 429,471   $ (21,905) $ 285   $ 282,006   $ 169,457 $ (372)