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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 50,302,000 $ 42,149,000 $ 9,825,000
Adjustments to reconcile net income to net cash from operating activities:      
Net accretion of available-for-sale securities (291,000) (336,000) (240,000)
Loss on sale of available-for-sale securities, net   1,867,000  
Amortization of core deposit intangible 576,000 149,000 149,000
Provision for credit losses 4,653,000 12,123,000 13,885,000
Loan hedge fair value adjustments, including amortization 140,000 130,000 161,000
Change in net deferred loan origination fees 1,337,000 1,386,000 4,419,000
Mortgage loans originated for sale (6,525,000) (14,137,000) (2,400,000)
Proceeds from sale of mortgage loans held for sale 8,860,000 23,934,000 2,405,000
Write down on consumer loans transferred to held for sale 517,000    
Gain on sale of mortgage loans (165,000) (293,000) (5,000)
Depreciation and amortization expense 3,022,000 2,815,000 2,678,000
Gain from BOLI death benefit (25,000)    
Increase in cash surrender values of BOLI (3,268,000) (2,269,000) (1,510,000)
Deferred income tax expense (benefit) 3,330,000 (10,255,000) (7,720,000)
ESOP expense 3,568,000 2,800,000  
Stock-based compensation 2,910,000    
Changes in operating assets and liabilities:      
Accrued interest receivable (1,144,000) (2,401,000) (6,462,000)
Prepaid expenses and other assets 5,123,000 (6,543,000) 8,177,000
Accrued expenses and other liabilities (8,874,000) (12,527,000) 22,138,000
Accrued retirement liabilities (3,254,000) 4,596,000 7,399,000
NET CASH PROVIDED BY OPERATING ACTIVITIES 60,792,000 43,188,000 52,899,000
CASH FLOWS FROM INVESTING ACTIVITIES      
Loan originations and purchases, net of repayments (505,958,000) (463,928,000) (882,960,000)
Purchases of available-for-sale securities (101,500,000) (142,985,000) (43,590,000)
Proceeds from sales of available-for-sale securities 23,963,000 27,444,000 0
Proceeds from maturities, calls and paydowns of available-for-sale securities 67,475,000 80,120,000 103,585,000
Recoveries of loans previously charged off 2,264,000 623,000 924,000
Net change in non-public investments (2,649,000) 4,220,000 (6,716,000)
Acquisition, net of cash and cash equivalents acquired (48,120,000)    
Proceeds from BOLI death benefit 128,000    
Proceeds from surrender (purchases) of BOLI policies 48,764,000 (50,000,000)  
Purchases of banking premises and equipment (3,417,000) (1,938,000) (2,865,000)
NET CASH USED IN INVESTING ACTIVITIES (519,050,000) (546,444,000) (831,622,000)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net change in deposits 540,120,000 790,325,000 500,665,000
Net change in mortgagors' escrow accounts 4,000 320,000 165,000
Net proceeds (costs) from stock offering and issuance of common shares   (225,000) 417,457,000
Purchase of common shares held by ESOP   (33,397,000) (13,774,000)
Repurchase of common shares under share repurchase plans (77,125,000)    
Dividends declared and paid (5,575,000)    
(Decrease) increase in FHLB borrowings, net 44,575,000 (162,503,000) (9,744,000)
NET CASH PROVIDED BY FINANCING ACTIVITIES 501,999,000 594,520,000 894,769,000
NET CHANGE IN CASH AND CASH EQUIVALENTS 43,741,000 91,264,000 116,046,000
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 363,855,000 272,591,000 156,545,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD 407,596,000 363,855,000 272,591,000
Supplemental disclosure of cash paid during the period for:      
Interest 143,283,000 128,348,000 88,746,000
Supplemental disclosure of non-cash transactions:      
Initial recognition of operating lease right of use assets and lease liabilities 2,662,000    
Increase in operating lease right of use assets and lease liabilities resulting from lease modifications 2,732,000    
Unrealized gains on available-for-sale securities 6,355,000 4,850,000 3,740,000
Unrealized holding losses (gains) on cash flow hedge 1,284,000   (321,000)
Mortgage loans transferred to loans held for sale 2,244,000 9,504,000  
Consumer loans transferred to loans held for sale 66,964,000    
Unrealized pension losses (gains) from director pension plan 948,000 (262,000) 106,000
Restricted stock awards granted 13,000    
Fair value of assets acquired in Provident Acquisition, net of cash 1,320,001,000    
Fair value of liabilities assumed in Provident Acquisition 1,175,739,000    
Goodwill from Provident Acquisition 18,512,000    
Common stock issued for Provident Acquisition 114,654,000    
U.S. Federal      
Supplemental disclosure of cash paid during the period for:      
Income taxes 900,000 5,800,000 704,000
Massachusetts      
Supplemental disclosure of cash paid during the period for:      
Income taxes 4,425,000 6,500,000 4,080,000
Jurisdictions below 5 percent of total income taxes paid, net of refunds      
Supplemental disclosure of cash paid during the period for:      
Income taxes $ 739,000 792,000 7,000
ASU 2016-13      
Supplemental disclosure of non-cash transactions:      
Cumulative effect adjustment of adoption of ASU, net of income taxes     $ (2,118,000)
ASU 2023-02      
Supplemental disclosure of non-cash transactions:      
Cumulative effect adjustment of adoption of ASU, net of income taxes   $ 7,849,000