OCEANFIRST FINANCIAL CORP. (NASDAQ:OCFC) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02

RESULTS OF OPERATION AND FINANCIAL CONDITION

On January25, 2018, OceanFirst Financial Corp. (the “Company”) issued a press release announcing its financial results for the quarter ended December31, 2017. That press release is attached to this Report as Exhibit 99.1.

(b) On January 24, 2018, Dorothy F. McCrosson, a member of the Registrant’s Board of Directors, notified the Registrant that, in order to devote more time to her law practice, personal business and family, she will not be standing for reelection at the Company’s 2018 annual stockholders meeting and will retire from the Boards of the Registrant and OceanFirst Bank, the Registrant’s banking subsidiary (the “Bank”) at that time.

(d) On January 24, 2018, the Registrant appointed John K. Lloyd to its Board of Directors, with a term expiring at the annual meeting in 2020. Mr.Lloyd will serve on the Registrant’s Leadership Committee and Human Resources/Compensation Committee. Mr. Lloyd was also appointed to the Board of Directors of the Bank, effective upon the closing of its merger with Sun National Bank. Further information regarding Mr. Lloyd is included in the Press Release attached hereto as Exhibit 99.1.

In the press release described in Item 2.02, the Company announced that the Board of Directors declared a regular quarterly cash dividend on the Company’s outstanding common stock.The cash dividend will be in the amount of $0.15 per share and will be payable on February16, 2018 to the stockholders of record at the close of business on February5, 2018.

OCEANFIRST FINANCIAL CORP Exhibit
EX-99.1 2 ex991-earningsreleasejanua.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 Press ReleaseCompany Contact:Michael J. FitzpatrickChief Financial OfficerOceanFirst Financial Corp.Tel: (732) 240-4500,…
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About OCEANFIRST FINANCIAL CORP. (NASDAQ:OCFC)

OceanFirst Financial Corp. is a holding company for OceanFirst Bank (the Bank). The Company is a savings and loan holding company. The Bank’s principal business is attracting retail and business deposits in the communities surrounding its branch offices and investing those deposits primarily in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate and other commercial loans. The Bank also invests in other types of loans, including residential construction and consumer loans. In addition, the Bank invests in mortgage-backed securities (MBS), securities issued by the United States Government and agencies thereof, corporate securities and other investments permitted by applicable law and regulations. The Bank’s revenues are derived principally from interest on its loans, interest on its investment and MBS. The Bank also receives income from fees and service charges on loan and deposit products, wealth management services and others.