OCEANFIRST FINANCIAL CORP. (NASDAQ:OCFC) Files An 8-K Other EventsItem 8.01. Other Events
On January31, 2018, OceanFirst Financial Corp. (the “Company”) issued a press release announcing the completion of the Company’s previously announced acquisition (the “Transaction”) of Sun Bancorp, Inc., a New Jersey corporation (“Sun”), to that certain Agreement and Plan of Merger, dated as of June30, 2017, by and among the Company, Mercury Merger Sub Corp., a New Jersey corporation and a wholly-owned subsidiary of the Company, and Sun. A copy of the press release announcing the completion of the Transaction is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 8.01 by reference.
Item 8.01 Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit Number |
Description |
| 99.1 | Press Release of OceanFirst Financial Corp., dated January31, 2018 |
EXHIBIT INDEX
OCEANFIRST FINANCIAL CORP ExhibitEX-99.1 2 d528900dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE OCEANFIRST FINANCIAL CORP. Completes Acquisition of Sun Bancorp,…To view the full exhibit click here
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.
