Oceanfirst Financial Corp (OCFC) 10-K Annual Report March 2014

(the “Company”), the holding company for OceanFirst Bank (the “Bank”), today announced that, as a result of the planned series of strategic initiatives disclosed in the third quarter earnings release, diluted earnings per share amounted to $0.11 for the quarter ended December 31, 2013, as compared to $0.23 for the corresponding prior year period. For the year ended December 31, 2013, diluted earnings per share amounted to $0.95, as compared to $1.12 for the prior year.

Diluted earnings per share for the quarter and the year ended December 31, 2013 were adversely impacted by $0.19 per diluted share due to the previously announced strategic initiatives relating to the prepayment of $159.0 million of Federal Home Loan Bank (“FHLB”) advances, at a cost of $4.3 million, and the consolidation of two branches into newer, in-market facilities, at a cost of $579,000.

The following information was filed by Oceanfirst Financial Corp (OCFC) on Friday, January 24, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Material Contracts, Statements, Certifications & more

Oceanfirst Financial Corp provided additional information to their SEC Filing as exhibits

Exhibit 23: Consents Of Experts And Counsel

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Ticker: OCFC
CIK: 1004702
Form Type: 10-K Annual Report
Accession Number: 0001193125-14-099956
Submitted to the SEC: Fri Mar 14 2014 3:49:08 PM EST
Accepted by the SEC: Fri Mar 14 2014
Period: Tuesday, December 31, 2013
Industry: Savings Institution Federally Chartered

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Oceanfirst Financial Corp (OCFC) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, December 31, 2013

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