Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/1004702/000119312516504899/d129510d10k.htm
October 2023
October 2023
September 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
April 2023
Exhibit 99.1
Company Contact:
Michael J. Fitzpatrick
Chief Financial Officer
OceanFirst Financial Corp.
Tel: (732) 240-4500, ext. 7506
Fax: (732) 349-5070
Email: Mfitzpatrick@oceanfirst.com
FOR IMMEDIATE RELEASE
OCEANFIRST FINANCIAL CORP.
ANNOUNCES QUARTERLY AND ANNUAL
FINANCIAL RESULTS
TOMS RIVER, NEW JERSEY, January 21, 2016 OceanFirst Financial Corp. (NASDAQ:OCFC), (the Company), the holding company for OceanFirst Bank (the Bank), today announced that diluted earnings per share increased to $0.31 for the quarter ended December 31, 2015, as compared to $0.30 for the corresponding prior year quarter. For the year ended December 31, 2015, diluted earnings per share increased to $1.21, as compared to $1.19 for the prior year.
On July 31, 2015, the Company completed its acquisition of Colonial American Bank (Colonial), which added $142.4 million to assets, $121.2 million to loans, and $123.3 million to deposits. The results of operations for the quarter and year ended December 31, 2015 included non-recurring merger related expenses which decreased net income, net of tax benefit, by $441,000 and $1.3 million, respectively. Excluding these items, core earnings for the quarter and year ended December 31, 2015 were $5.7 million, or $0.33 per diluted share, and $21.6 million, or $1.29 per diluted share, respectively. (Please refer to the Non-GAAP Reconciliation table at the end of this document for details on the earnings impact of non-recurring merger related expenses.)
1
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/1004702/000119312516504899/d129510d10k.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Oceanfirst Financial Corp.
Oceanfirst Financial Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2016 10-K Annual Report includes:
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Oceanfirst Financial Corp provided additional information to their SEC Filing as exhibits
Ticker: OCFC
CIK: 1004702
Form Type: 10-K Annual Report
Accession Number: 0001193125-16-504899
Submitted to the SEC: Tue Mar 15 2016 2:06:35 PM EST
Accepted by the SEC: Tue Mar 15 2016
Period: Thursday, December 31, 2015
Industry: Savings Institution Federally Chartered