Vitals
  • Total Assets
    5.2B 99.9 %
  • Total Deposits
    4.2B 118.9 %
  • Total Net Loans
    3.8B 92.8 %
  • Net Income
    24.5M 13.9 %
  • Book Value
    597.4M 149.5 %
  • Book Value x2
    1.2B 149.5 %
  • Book Value x3
    1.8B 149.5 %
ROAA

.595

ROAE

5.129

Efficiency Ratio

72.69

Net Interest Margin

3.221

Balance Sheet Highlights
Financial Highlights Oceanfirst Bank All Insured Savings Banks in New Jersey
Balance Sheet $(000)
Total Assets 5,189,885 1,030,673
Total Net Loans 3,804,994 693,502
Total Deposits 4,219,770 776,139
Total Equity 597,448 127,082
Profitability
Net Income 24,509 6,133
Return on Average Assets .595 .346
Return on Average Equity 5.129 2.946
Net Interest Margin 3.221 2.689
Efficiency Ratio 72.69 79.014
Noninterest Income/Revenue 16.336 9.624
Balance Sheet Ratios
Loan-to-Deposit 90.171 79.002
Securities/Assets .118 .199
Total Equity/Total Assets .115 .123
Tangible Equity/Tangible Assets .085 .117
Capital Adequacy
Tier 1 Common Capital 445,762 122,005
Tier 1 Capital 445,762 122,005
Tier 2 Capital 15,810 5,602
Total Capital 461,572 127,603
Total Risk Weighted Assets 3,515,672 666,944
Leverage Ratio 10.08 11.596
Common Equity Tier 1 Capital Ratio 12.68 21.406
Tier 1 Capital Ratio 12.68 21.406
Total Capital Ratio 13.13 22.306

Timeline for Oceanfirst Bank

Ocean City Home Bank

Acquisition: Oceanfirst Bank acquired a new subsidiary, Ocean City Home Bank, 7 years

View Profile Dec 01 2016

Seashore Financial Services, Llc

Seashore Financial Services, Llc became a new subsidiary organization for Oceanfirst Bank.

View Profile Dec 01 2016

Ochb Investment Co

Ochb Investment Co became a new subsidiary organization for Oceanfirst Bank.

View Profile Dec 01 2016

Cape Bank

Acquisition: Oceanfirst Bank acquired a new subsidiary, Cape Bank, 8 years

View Profile May 02 2016

Cobk Investments

Cobk Investments became a new subsidiary organization for Oceanfirst Bank.

View Profile May 02 2016

Want to see more?

Complete timeline for Oceanfirst Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Ocean City Home Bank Seller 1,094,332 Acquisition Discontinued 12/1/2016
Cape Bank Seller 1,588,746 Acquisition Discontinued 5/2/2016
Colonial American Bank Seller 143,211 Acquisition Discontinued 8/1/2015
Relationships Role Relationship Start Relationship End
Oceanfirst Financial Corp. Parent 7/21/2011
Oceanfirst Financial Corp. Parent 7/2/1996 7/20/2011
Seashore Financial Services, Llc Subsidary 12/1/2016
Oceanfirst Services, Llc Subsidary 7/21/2011
975 Holdings, Llc Subsidary 7/21/2011
Oceanfirst Reit Holdings, Inc Subsidary 7/21/2011
Oceanfirst Realty Corp Subsidary 7/21/2011
Ofb Reinsurance Ltd (Turks & Caircos Islands) Subsidary 12/1/2012
Cobk Investments Subsidary 5/2/2016
Cohansey Bridge, Llc Subsidary 5/2/2016
Ochb Investment Co Subsidary 12/1/2016
Hooper Holdings Llc Subsidary 11/16/2015
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