2012 Q4 Form 10-K Financial Statement

#000119312513109142 Filed on March 15, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2011 Q4 2011 Q3
Revenue $23.44M
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.000M $1.200M $1.000M
YoY Change -16.67% 9.09% 0.0%
% of Gross Profit
Operating Expenses $13.24M $13.02M $13.13M
YoY Change 1.71%
Operating Profit
YoY Change
Interest Expense $3.172M $4.143M $4.371M
YoY Change -23.44%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $6.200M $8.500M $7.822M
YoY Change -27.06% 13.33% -6.88%
Income Tax $2.124M $3.007M $2.748M
% Of Pretax Income 34.26% 35.38% 35.13%
Net Earnings $4.041M $5.459M $5.074M
YoY Change -25.98% -5.88% -2.42%
Net Earnings / Revenue 21.64%
Basic Earnings Per Share $0.23 $0.30 $0.28
Diluted Earnings Per Share $0.23 $0.30 $0.28
COMMON SHARES
Basic Shares Outstanding 18.01M shares 18.23M shares
Diluted Shares Outstanding 18.28M shares

Balance Sheet

Concept 2012 Q4 2011 Q4 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $62.54M $77.53M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $22.23M $22.26M $22.00M
YoY Change -0.12% 1.18% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.000M
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.269B $2.302B $2.282B
YoY Change -1.43% 2.27% 2.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $61.00M $66.00M $72.00M
YoY Change -7.58% -2.94% 1.41%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $61.00M $66.00M $72.00M
YoY Change -7.58% -2.94% 1.41%
LONG-TERM LIABILITIES
Long-Term Debt $28.00M $28.00M $28.00M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities $16.00M $7.000M $6.000M
YoY Change 128.57% -63.16% -53.85%
Total Long-Term Liabilities $44.00M $35.00M $34.00M
YoY Change 25.71% -25.53% -17.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $61.00M $66.00M $72.00M
Total Long-Term Liabilities $44.00M $35.00M $34.00M
Total Liabilities $2.049B $2.085B $2.066B
YoY Change -1.72% 1.72% 1.97%
SHAREHOLDERS EQUITY
Retained Earnings $198.1M $186.7M
YoY Change 6.13%
Common Stock $336.0K $336.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $237.5M $226.3M
YoY Change 4.95%
Treasury Stock Shares 15.67M shares 14.88M shares
Shareholders Equity $219.8M $216.8M $215.9M
YoY Change
Total Liabilities & Shareholders Equity $2.269B $2.302B $2.282B
YoY Change -1.43% 2.27% 2.56%

Cashflow Statement

Concept 2012 Q4 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $4.041M $5.459M $5.074M
YoY Change -25.98% -5.88% -2.42%
Depreciation, Depletion And Amortization $1.000M $1.200M $1.000M
YoY Change -16.67% 9.09% 0.0%
Cash From Operating Activities $5.400M $900.0K $11.90M
YoY Change 500.0% -90.32% -17.36%
INVESTING ACTIVITIES
Capital Expenditures -$700.0K -$400.0K -$600.0K
YoY Change 75.0% -66.67% -14.29%
Acquisitions
YoY Change
Other Investing Activities $37.90M -$3.200M -$6.200M
YoY Change -1284.38% -87.6% 44.19%
Cash From Investing Activities $37.30M -$3.600M -$6.800M
YoY Change -1136.11% -86.62% 36.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -35.50M 9.800M 36.40M
YoY Change -462.24% -49.48% -440.19%
NET CHANGE
Cash From Operating Activities 5.400M 900.0K 11.90M
Cash From Investing Activities 37.30M -3.600M -6.800M
Cash From Financing Activities -35.50M 9.800M 36.40M
Net Change In Cash 7.200M 7.100M 41.50M
YoY Change 1.41% 294.44% -3292.31%
FREE CASH FLOW
Cash From Operating Activities $5.400M $900.0K $11.90M
Capital Expenditures -$700.0K -$400.0K -$600.0K
Free Cash Flow $6.100M $1.300M $12.50M
YoY Change 369.23% -87.62% -17.22%

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CY2011Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
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28491000
CY2011Q4 ocfc Reserve For Loan Repurchases
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1741000
CY2011Q4 ocfc Loans And Leases Receivable Impaired Troubled Debt Restructuring Performing Loan Amount
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13118000
CY2011Q4 ocfc Loans And Leases Deferred Origination Costs
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4366000
CY2011Q4 ocfc Specific Reserves On Nonaccrual Troubled Debt Restructurings
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CY2011Q4 ocfc Carrying Value Of Pledged Securities
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64219000
CY2011Q4 ocfc Outstanding Loan Repurchase Principal Balance
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CY2011Q4 ocfc Automobiles And Trucks Gross
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258000
CY2011Q4 ocfc Loans And Leases Receivable
LoansAndLeasesReceivable
1340635000
CY2011Q4 ocfc Financing Receivables
FinancingReceivables
506614000
CY2011Q4 ocfc Defined Benefit Plan Fair Value Of Common Stocks Issued Included In Plan Assets
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1070000
CY2011Q4 ocfc Deferred Incentive Compensation And Other Charges
DeferredIncentiveCompensationAndOtherCharges
1276000
CY2011Q4 ocfc Other Than Temporary Impairment Loss Investments Available For Sale Securities
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52000
CY2011Q4 ocfc Tangible Capital Required To Be Well Capitalized To Tangible Assets
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CY2011Q4 ocfc Deferred Tax Liabilities Tax Effects Of Undistributed Earnings
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1064000
CY2011Q4 ocfc Other Borrowings Weighted Average Rate
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0.0285 pure
CY2011Q4 ocfc Deferred Tax Liabilities Accretion Of Discount On Investment Securities
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469000
CY2011Q4 ocfc Deferred Tax Liabilities Excess Servicing On Sale Of Mortgage Loans
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719000
CY2011Q4 ocfc Non Interest Bearing Deposit Liabilities Weighted Average Cost Percentage
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CY2011Q4 ocfc Deferred Tax Assets Reserve For Repurchased Loans
DeferredTaxAssetsReserveForRepurchasedLoans
288000
CY2011Q4 ocfc Tangible Capital Required To Be Well Capitalized Amount
TangibleCapitalRequiredToBeWellCapitalizedAmount
CY2011Q4 ocfc Deferred Tax Assets Valuation Allowances For Repurchased Loans
DeferredTaxAssetsValuationAllowancesForRepurchasedLoans
77000
CY2011Q4 ocfc Aggregate Loans
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1579442000
CY2011Q4 ocfc Unrealized Loss On Securities Available For Sale
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1705000
CY2012Q4 us-gaap Capital Required For Capital Adequacy
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115992000
CY2012Q4 us-gaap Deposits Money Market Deposits
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CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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1004000
CY2012Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
37546000
CY2012Q4 us-gaap Tangible Capital To Tangible Assets
TangibleCapitalToTangibleAssets
0.0949 pure
CY2012Q4 us-gaap Other Assets
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23073000
CY2012Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
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CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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20.17
CY2012Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1113185 shares
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
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CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
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11734000
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2012Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
28344000
CY2012Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
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17956000
CY2012Q4 us-gaap Other Borrowings
OtherBorrowings
27500000
CY2012Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
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90757000
CY2012Q4 us-gaap Time Deposit Maturities Year Two
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27084000
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
15671843 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
55000000 shares
CY2012Q4 us-gaap Time Deposit Maturities Year Three
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14483000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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CY2012Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
213593000
CY2012Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
20510000
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2012Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.0194 pure
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
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55000000
CY2012Q4 us-gaap Advances From Federal Home Loan Banks
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225000000
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
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11734000
CY2012Q4 us-gaap Weighted Average Rate Domestic Deposit Checking
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0.0019 pure
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
13489000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2012Q4 us-gaap Noninterest Bearing Deposit Liabilities
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179074000
CY2012Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
17061000
CY2012Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
940190000
CY2012Q4 us-gaap Weighted Average Rate Domestic Deposit Time Deposits
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0.0145 pure
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
1160000
CY2012Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
16460000
CY2012Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
5225000
CY2012Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability
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4391000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
198109000
CY2012Q4 us-gaap Assets
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2269228000
CY2012Q4 us-gaap Deposits
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1719671000
CY2012Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
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1374000
CY2012Q4 us-gaap Impaired Financing Receivable Related Allowance
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2554000
CY2012Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1486 pure
CY2012Q4 us-gaap Weighted Average Rate Domestic Deposit
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0.0032 pure
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
43470000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
62544000
CY2012Q4 us-gaap Furniture And Fixtures Gross
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20120000
CY2012Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
528000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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743000
CY2012Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
26365000
CY2012Q4 us-gaap Weighted Average Rate Domestic Deposit Money Market
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0.0017 pure
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
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10540000
CY2012Q4 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
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333857000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
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82000
CY2012Q4 us-gaap Time Deposits100000 Or More
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57871000
CY2012Q4 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
12305000
CY2012Q4 us-gaap Capital To Risk Weighted Assets
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0.1611 pure
CY2012Q4 us-gaap Financing Receivable Recorded Investment Past Due
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45526000
CY2012Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
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CY2012Q4 us-gaap Tier One Leverage Capital To Average Assets
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CY2012Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
57996000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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CY2012Q4 us-gaap Tangible Capital
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215410000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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17.62
CY2012Q4 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
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2020000
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2018000
CY2010 us-gaap Other Tax Expense Benefit
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CY2010 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2010 us-gaap Fees And Commissions
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CY2012Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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31201000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
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43470000
CY2012Q4 us-gaap Loans And Leases Receivable Consumer
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198143000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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11530000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2012Q4 us-gaap Property Plant And Equipment Gross
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CY2012Q4 us-gaap Deferred Tax Assets Net
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CY2012Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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CY2012Q4 us-gaap Securities Sold Under Agreements To Repurchase
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CY2012Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
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CY2012Q4 us-gaap Liabilities And Stockholders Equity
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CY2012Q4 us-gaap Common Stock Shares Issued
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CY2012Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
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CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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CY2012Q4 us-gaap Preferred Stock Liquidation Preference
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CY2012Q4 us-gaap Deposits Savings Deposits
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CY2012Q4 us-gaap Common Stock Value
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CY2012Q4 us-gaap Land
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3210000
CY2012Q4 us-gaap Deferred Tax Assets Gross
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15765000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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CY2012Q4 us-gaap Available For Sale Securities Amortized Cost
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CY2012Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
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CY2012Q4 us-gaap Tangible Capital Required For Capital Adequacy To Tangible Assets
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CY2012Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
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1732694 shares
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2012Q4 us-gaap Liabilities
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CY2012Q4 us-gaap Capital
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CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
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49386000
CY2012Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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1505691000
CY2012Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
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0.050 pure
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2125000
CY2012Q4 us-gaap Weighted Average Rate Domestic Deposit Savings
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CY2012Q4 us-gaap Other Liabilities
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CY2012Q4 us-gaap Loans Receivable Net
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CY2012Q4 us-gaap Servicing Asset At Fair Value Amount
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CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
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204000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
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9077000
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
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60652000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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CY2012Q4 us-gaap Loans And Leases Receivable Loans In Process
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CY2012Q4 us-gaap Treasury Stock Value
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CY2012Q4 us-gaap Statutory Accounting Practices Portion Of Excess Retained Earnings Not Taxed
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CY2012Q4 us-gaap Financing Receivable Modifications Recorded Investment
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CY2012Q4 us-gaap Preferred Stock Shares Issued
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CY2012Q4 us-gaap Property Plant And Equipment Net
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CY2012Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
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CY2012Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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109000
CY2012Q4 us-gaap Time Deposit Maturities After Year Five
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CY2012Q4 us-gaap Cash And Due From Banks
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CY2012Q4 us-gaap Tangible Capital Required For Capital Adequacy
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CY2012Q4 us-gaap Borrowed Funds
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CY2012Q4 us-gaap Commitments And Contingencies
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CY2012Q4 us-gaap Common Stock Shares Outstanding
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CY2012Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
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CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
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CY2012Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Weighted Average Interest Rate
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CY2012Q4 us-gaap Common Stock Held In Trust
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CY2012Q4 us-gaap Interest Receivable
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CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
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CY2012Q4 us-gaap Stockholders Equity
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CY2012Q4 us-gaap Advance Payments By Borrowers For Taxes And Insurance
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CY2012Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
414000
CY2012Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
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CY2012Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
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CY2012Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
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CY2012Q4 us-gaap Financing Receivable Recorded Investment Current
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37546000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
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CY2012Q4 ocfc Reserve For Loan Repurchases
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1203000
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DeferredTaxAssetsOtherRealEstateOwned
235000
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DeferredTaxLiabilitiesDeferredLoanFeesAndCosts
1619000
CY2012Q4 ocfc Loans And Leases Receivable Impaired Troubled Debt Restructuring Performing Loan Amount
LoansAndLeasesReceivableImpairedTroubledDebtRestructuringPerformingLoanAmount
17733000
CY2012Q4 ocfc Loans And Leases Deferred Origination Costs
LoansAndLeasesDeferredOriginationCosts
4112000
CY2012Q4 ocfc Specific Reserves On Nonaccrual Troubled Debt Restructurings
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2418000
CY2012Q4 ocfc Carrying Value Of Pledged Securities
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161725000
CY2012Q4 ocfc Unrecognized Compensation Cost Related To Unvested Stock Options
UnrecognizedCompensationCostRelatedToUnvestedStockOptions
1200000
CY2012Q4 ocfc Outstanding Loan Repurchase Principal Balance
OutstandingLoanRepurchasePrincipalBalance
3600000
CY2012Q4 ocfc Automobiles And Trucks Gross
AutomobilesAndTrucksGross
211000
CY2012Q4 ocfc Loans And Leases Receivable
LoansAndLeasesReceivable
1287127000
CY2012Q4 ocfc Financing Receivables
FinancingReceivables
533122000
CY2012Q4 ocfc Defined Benefit Plan Fair Value Of Common Stocks Issued Included In Plan Assets
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1078000
CY2012Q4 ocfc Available For Sale Securities Amount Callable Amortized Cost
AvailableForSaleSecuritiesAmountCallableAmortizedCost
55000000
CY2012Q4 ocfc Available For Sale Securities Amount Callable Fair Value Disclosure
AvailableForSaleSecuritiesAmountCallableFairValueDisclosure
43500000
CY2012Q4 ocfc Deferred Incentive Compensation And Other Charges
DeferredIncentiveCompensationAndOtherCharges
1132000
CY2012Q4 ocfc Percentage Of Loan Portfolio Involving Loans Secured By Local Real Estate
PercentageOfLoanPortfolioInvolvingLoansSecuredByLocalRealEstate
0.962 pure
CY2012Q4 ocfc Other Than Temporary Impairment Loss Investments Available For Sale Securities
OtherThanTemporaryImpairmentLossInvestmentsAvailableForSaleSecurities
52000
CY2012Q4 ocfc Tangible Capital Required To Be Well Capitalized To Tangible Assets
TangibleCapitalRequiredToBeWellCapitalizedToTangibleAssets
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CY2012Q4 ocfc Deferred Tax Liabilities Tax Effects Of Undistributed Earnings
DeferredTaxLiabilitiesTaxEffectsOfUndistributedEarnings
1556000
CY2012Q4 ocfc Other Borrowings Weighted Average Rate
OtherBorrowingsWeightedAverageRate
0.0280 pure
CY2012Q4 ocfc Deferred Tax Liabilities Accretion Of Discount On Investment Securities
DeferredTaxLiabilitiesAccretionOfDiscountOnInvestmentSecurities
505000
CY2012Q4 ocfc Other Commitments To Extend Credit At Fixed Rate
OtherCommitmentsToExtendCreditAtFixedRate
47658000
CY2012Q4 ocfc Other Commitments To Extend Credit At Adjustable Rate
OtherCommitmentsToExtendCreditAtAdjustableRate
2468000
CY2012Q4 ocfc Other Commitments To Extend Credit At Floating Rate
OtherCommitmentsToExtendCreditAtFloatingRate
6659000
CY2012Q4 ocfc Deferred Tax Liabilities Excess Servicing On Sale Of Mortgage Loans
DeferredTaxLiabilitiesExcessServicingOnSaleOfMortgageLoans
983000
CY2005Q3 ocfc Subordinated Debt Interest Rate Fixed
SubordinatedDebtInterestRateFixed
0.0635 pure
CY2006 ocfc Preferred Trust Securities Floating Distribution Rate
PreferredTrustSecuritiesFloatingDistributionRate
166
CY2007 ocfc Preferred Trust Securities Floating Distribution Rate
PreferredTrustSecuritiesFloatingDistributionRate
175
CY2007 ocfc Trust Preferred Securities Maturity Date
TrustPreferredSecuritiesMaturityDate
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CY2010 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
8000000
CY2012Q4 ocfc Non Interest Bearing Deposit Liabilities Weighted Average Cost Percentage
NonInterestBearingDepositLiabilitiesWeightedAverageCostPercentage
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CY2012Q4 ocfc Deferred Tax Assets Reserve For Repurchased Loans
DeferredTaxAssetsReserveForRepurchasedLoans
491000
CY2012Q4 ocfc Tangible Capital Required To Be Well Capitalized Amount
TangibleCapitalRequiredToBeWellCapitalizedAmount
CY2012Q4 ocfc Deferred Tax Assets Valuation Allowances For Repurchased Loans
DeferredTaxAssetsValuationAllowancesForRepurchasedLoans
179000
CY2012Q4 ocfc Aggregate Loans
AggregateLoans
1543237000
CY2012Q4 ocfc Unrealized Gain On Securities Available For Sale
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34000
CY2005Q3 us-gaap Debt Instrument Maturity Date
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2015-11-23
CY2010 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
85000000
CY2010 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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CY2010 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2010 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
9717000
CY2010 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
2705000
CY2010 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2010 us-gaap Interest Expense Deposits
InterestExpenseDeposits
14340000
CY2010 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2010 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
3657000
CY2010 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2010 us-gaap Income Taxes Paid
IncomeTaxesPaid
10509000
CY2010 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
12.28
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
300745 shares
CY2010 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
18822000 shares
CY2010 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7000
CY2010 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
3276000
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18142000 shares
CY2010 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
-701000
CY2010 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
88180000
CY2010 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
8000000
CY2010 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2010 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
43000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
18.69
CY2010 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
434000
CY2010 us-gaap Equipment Expense
EquipmentExpense
2196000
CY2010 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8764000
CY2010 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
101367000
CY2010 us-gaap Allowance For Loan And Lease Losses Recoveries Of Bad Debts
AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts
-253000
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
30779000
CY2010 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
922000
CY2010 us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
416000
CY2010 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
23000
CY2010 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
9913000
CY2010 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
8629000
CY2010 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
108000
CY2010 us-gaap Interest Paid
InterestPaid
24279000
CY2010 us-gaap Share Based Compensation
ShareBasedCompensation
1047000
CY2010 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.09
CY2010 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2154000
CY2010 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
19563000
CY2010 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8439000
CY2010 us-gaap Marketing Expense
MarketingExpense
1745000
CY2010 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
5593000
CY2010 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1333000
CY2010 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.99
CY2010 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
3657000
CY2010 us-gaap Servicing Fees Net
ServicingFeesNet
292000
CY2010 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
5193000
CY2010 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
845000
CY2010 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
165335000
CY2010 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.12
CY2010 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
5000
CY2010 us-gaap Allowance For Loan And Lease Losses Provision For Loss Net
AllowanceForLoanAndLeaseLossesProvisionForLossNet
8000000
CY2010 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1804000
CY2010 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
49000 shares
CY2010 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
6324000
CY2010 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-476000
CY2010 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4550000
CY2010 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
41945000
CY2010 us-gaap Net Income Loss
NetIncomeLoss
20378000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0336 pure
CY2010 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
69024000
CY2010 us-gaap Noninterest Income
NoninterestIncome
15312000
CY2010 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
-23000
CY2010 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
12.49
CY2010 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.12
CY2010 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3426000
CY2010 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-2506000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
47610 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18191000 shares
CY2010 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
225235000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.28 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
11.46
CY2010 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2010 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
387000
CY2010 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
25571000
CY2010 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1600000
CY2010 us-gaap Other Noncash Expense
OtherNoncashExpense
998000
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13618000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
8208 shares
CY2010 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
69114000
CY2010 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
77114000
CY2010 us-gaap Operating Expenses
OperatingExpenses
53647000
CY2010 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
119000
CY2010 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10401000
CY2010 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
5193000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
9059 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
19460 shares
CY2010 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
506000
CY2010 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
299769000
CY2010 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2563000
CY2010 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
154000000
CY2010 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
108000
CY2010 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Available For Sale
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
233685000
CY2010 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
549000 shares
CY2010 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
133709000
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
14951000
CY2010 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
6418000
CY2010 us-gaap Occupancy Net
OccupancyNet
5501000
CY2010 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8764000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
34308 shares
CY2010 us-gaap Professional Fees
ProfessionalFees
2352000
CY2010 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
431000
CY2010 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
52959000
CY2010 us-gaap Interest Expense Savings Deposits
InterestExpenseSavingsDeposits
1732000
CY2010 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-9000
CY2010 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
416000
CY2010 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1854000 shares
CY2010 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1982000
CY2010 us-gaap Labor And Related Expense
LaborAndRelatedExpense
28148000
CY2010 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
11503000
CY2010 us-gaap Interest Expense Money Market Deposits
InterestExpenseMoneyMarketDeposits
597000
CY2010 us-gaap Interest Expense
InterestExpense
24253000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.06
CY2010 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
238000
CY2010 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
921000
CY2010 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
3478000
CY2010 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
850000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0480 pure
CY2010 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
1443000
CY2010 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10773000
CY2010 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-3055000
CY2010 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39941000
CY2010 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
166820000
CY2010 ocfc Reserve For Loan Repurchases Loss On Loans Repurchased
ReserveForLoanRepurchasesLossOnLoansRepurchased
10000
CY2010 ocfc Non Accrual Troubled Debt Restructurings
NonAccrualTroubledDebtRestructurings
3318000
CY2010 ocfc Interest Income On Non Accrual Loans That Would Have Been Recognized If All Of Such Loans Had Been Current In Accordance With Their Original Terms
InterestIncomeOnNonAccrualLoansThatWouldHaveBeenRecognizedIfAllOfSuchLoansHadBeenCurrentInAccordanceWithTheirOriginalTerms
1467000
CY2010 ocfc Average Balances Of Impaired Loans
AverageBalancesOfImpairedLoans
16342000
CY2010 ocfc Unallocated Incentive Award Shares And Shares Held By Deferred Compensation Plan
UnallocatedIncentiveAwardSharesAndSharesHeldByDeferredCompensationPlan
131000 shares
CY2010 ocfc Marketable Securities Gross Realized Gain
MarketableSecuritiesGrossRealizedGain
0
CY2010 ocfc Marketable Securities Gross Realized Losses
MarketableSecuritiesGrossRealizedLosses
0
CY2010 ocfc Accruing Troubled Debt Restructuring In Compliance With Modified Terms
AccruingTroubledDebtRestructuringInComplianceWithModifiedTerms
12529000
CY2010 ocfc Net Loans Charged Off
NetLoansChargedOff
3023000
CY2010 ocfc Capitalized Mortgage Servicing Rights
CapitalizedMortgageServicingRights
1156000
CY2010 ocfc Check Card Processing
CheckCardProcessing
1250000
CY2010 ocfc Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Estimated Fair Value Of Options Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageEstimatedFairValueOfOptionsGranted
1.84
CY2010 ocfc Redemption Of Warrants
RedemptionOfWarrants
431000
CY2010 ocfc Income Tax Reconciliation Deductions Earnings On Life Insurance
IncomeTaxReconciliationDeductionsEarningsOnLifeInsurance
295000
CY2010 ocfc Stock Based Compensation Expense Recorded On Executive Performance Based Stock Option Grants
StockBasedCompensationExpenseRecordedOnExecutivePerformanceBasedStockOptionGrants
578000
CY2010 ocfc Reversal Of Valuation Allowance On Deferred Tax Liabilities
ReversalOfValuationAllowanceOnDeferredTaxLiabilities
922000
CY2010 ocfc Unrealized Gains Loss On Securities Tax Expense
UnrealizedGainsLossOnSecuritiesTaxExpense
3478000
CY2010 ocfc Proceeds From Sale And Acquisition Of Other Real Estate
ProceedsFromSaleAndAcquisitionOfOtherRealEstate
1285000
CY2011 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
7750000
CY2011 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
54000000
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3766 shares
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
262000
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-11536000
CY2011 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
2553000
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
44000
CY2011 us-gaap Interest Expense Deposits
InterestExpenseDeposits
10401000
CY2011 us-gaap Occupancy Costs
OccupancyCosts
-184000
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3138000
CY2011 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
3002000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3407000
CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
18210000
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.20
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
245575 shares
CY2011 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
18828000 shares
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
44000
CY2011 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
9249000
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18191000 shares
CY2011 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
148000
CY2011 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
-623000
CY2011 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
82994000
CY2011 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
7750000
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2011 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
56000
CY2011 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2147000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
12.38
CY2011 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
283000
CY2011 us-gaap Equipment Expense
EquipmentExpense
2436000
CY2011 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8789000
CY2011 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
95387000
CY2011 us-gaap Allowance For Loan And Lease Losses Recoveries Of Bad Debts
AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts
-29000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
32214000
CY2011 us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
450000
CY2011 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
-1303000
CY2011 us-gaap Interest Expense Borrowings
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OCEANFIRST FINANCIAL CORP
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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Business</b></font></p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">The Bank provides a range of community banking services to customers through a network of branches in Ocean, Monmouth and Middlesex counties in New Jersey. The Bank is subject to competition from other financial institutions; it is also subject to the regulations of certain regulatory agencies and undergoes periodic examinations by those regulatory authorities.</font></p> </div>
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17829000 shares
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-53114000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.29 pure
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
13.20
CY2012 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-456000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
22537000
CY2012 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Prepayment Speed
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValuePrepaymentSpeed
0.146 pure
CY2012 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
28049000
CY2012 us-gaap Other Noncash Expense
OtherNoncashExpense
819000
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10422000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
14393 shares
CY2012 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
65612000
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
73512000
CY2012 us-gaap Operating Expenses
OperatingExpenses
52891000
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-26000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10927000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2517000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
5535 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
19513 shares
CY2012 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-273000
CY2012 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
13588000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2600000
CY2012 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y10M2D
CY2012 us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Available For Sale
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsAvailableForSale
94663000
CY2012 us-gaap Allowance For Loan And Lease Losses Adjustments Net
AllowanceForLoanAndLeaseLossesAdjustmentsNet
20037000
CY2012 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
480000 shares
CY2012 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
5310000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11819000
CY2012 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
2878000
CY2012 us-gaap Occupancy Net
OccupancyNet
5074000
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8579000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
202928 shares
CY2012 us-gaap Professional Fees
ProfessionalFees
2546000
CY2012 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
74390000
CY2012 us-gaap Interest Expense Savings Deposits
InterestExpenseSavingsDeposits
359000
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
480000
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1253000 shares
CY2012 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2034000
CY2012 us-gaap Labor And Related Expense
LaborAndRelatedExpense
27610000
CY2012 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
8509000
CY2012 us-gaap Interest Expense Money Market Deposits
InterestExpenseMoneyMarketDeposits
361000
CY2012 us-gaap Interest Expense
InterestExpense
14103000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.83
CY2012 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
233000
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
757000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1831000
CY2012 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
860000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0347 pure
CY2012 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
4050000
CY2012 ocfc Average Balances Of Impaired Loans
AverageBalancesOfImpairedLoans
36574000
CY2012 ocfc Securities Sold Under Repurchase Agreements Weighted Average Interest Rate
SecuritiesSoldUnderRepurchaseAgreementsWeightedAverageInterestRate
0.0026 pure
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10831000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-660000
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30888000
CY2012 us-gaap Servicing Assets And Servicing Liabilities At Fair Value Assumptions Used To Estimate Fair Value Weighted Average Life1
ServicingAssetsAndServicingLiabilitiesAtFairValueAssumptionsUsedToEstimateFairValueWeightedAverageLife1
P6Y2M12D
CY2012 us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
176903000
CY2012 ocfc Reserve For Loan Repurchases Loss On Loans Repurchased
ReserveForLoanRepurchasesLossOnLoansRepurchased
252000
CY2012 ocfc Reserve For Loan Repurchases Provision
ReserveForLoanRepurchasesProvision
750000
CY2012 ocfc Schedule Of Amortized Cost And Estimated Fair Value Of Marketable Securities Table Textblock
ScheduleOfAmortizedCostAndEstimatedFairValueOfMarketableSecuritiesTableTextblock
<div> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px" align="justify"> <font style="FONT-FAMILY: Times New Roman" size="2">The amortized cost and estimated market value of investment securities available for sale at December&#xA0;31, 2012 and 2011 are as follows (in thousands):</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"> <!-- Begin Table Head --> <tr> <td width="56%"></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="5%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>December&#xA0;31, 2012</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Amortized</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Cost</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Gross</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Unrealized</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Gains</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Gross</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Unrealized</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Losses</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Estimated</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Market</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Value</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <!-- End Table Head --><!-- Begin Table Body --> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">U.S. agency obligations</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">138,105</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">945</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2014;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">139,050</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">State and municipal obligations</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">25,856</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">5</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(81</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">25,780</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Corporate debt securities</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">55,000</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2014;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(11,530</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">43,470</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Equity investments</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,992</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">424</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(123</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">5,293</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">223,953</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,374</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(11,734</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">213,593</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td height="16"></td> <td height="16" colspan="16"></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="14" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>December&#xA0;31, 2011</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Amortized</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Cost</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Gross</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Unrealized</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Gains</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Gross</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Unrealized</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Losses</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Estimated</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Market</b></font><br /> <font style="FONT-FAMILY: Times New Roman" size="1"><b>Value</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">U.S. agency obligations</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">102,059</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">760</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(43</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">102,776</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">State and municipal obligations</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">18,526</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">26</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(8</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">18,544</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Corporate debt securities</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">55,000</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2014;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(15,551</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">39,449</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Equity investments</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,294</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">250</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(34</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,510</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">179,879</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,036</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(15,636</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">165,279</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <!-- End Table Body --></table> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; FONT-SIZE: 1px"> &#xA0;</p> </div>
CY2012 ocfc Non Accrual Of Commercial Loans Evaluated For Impairment
NonAccrualOfCommercialLoansEvaluatedForImpairment
250000
CY2012 ocfc Non Accrual Troubled Debt Restructurings
NonAccrualTroubledDebtRestructurings
18160000
CY2012 ocfc Interest Income On Non Accrual Loans That Would Have Been Recognized If All Of Such Loans Had Been Current In Accordance With Their Original Terms
InterestIncomeOnNonAccrualLoansThatWouldHaveBeenRecognizedIfAllOfSuchLoansHadBeenCurrentInAccordanceWithTheirOriginalTerms
2432000
CY2012 ocfc Other Comprehensive Income Reclassification Adjustments For Gains Included In Income
OtherComprehensiveIncomeReclassificationAdjustmentsForGainsIncludedInIncome
134000
CY2012 ocfc Employees Minimum Age Eligibility To Participate In Plan
EmployeesMinimumAgeEligibilityToParticipateInPlan
21 Age
CY2012 ocfc Unallocated Incentive Award Shares And Shares Held By Deferred Compensation Plan
UnallocatedIncentiveAwardSharesAndSharesHeldByDeferredCompensationPlan
93000 shares
CY2012 ocfc Number Of Loan Repurchase Requests
NumberOfLoanRepurchaseRequests
12
CY2012 ocfc Percentage Of Estimated Selling Cost On Other Real Estate Owned
PercentageOfEstimatedSellingCostOnOtherRealEstateOwned
0.20 pure
CY2012 ocfc Check Card Processing
CheckCardProcessing
1455000
CY2012 ocfc Provision For Repurchased Loans
ProvisionForRepurchasedLoans
-750000
CY2012 ocfc Minimum Period Of Loans Past Due
MinimumPeriodOfLoansPastDue
90 days
CY2012 ocfc Marketable Securities Gross Realized Gain
MarketableSecuritiesGrossRealizedGain
226000
CY2012 ocfc Marketable Securities Gross Realized Losses
MarketableSecuritiesGrossRealizedLosses
0
CY2012 ocfc Share Based Compensation Arrangement By Share Based Payment Award Incentive Stock Options Vesting Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardIncentiveStockOptionsVestingPercentage
0.20 pure
CY2012 ocfc Accruing Troubled Debt Restructuring In Compliance With Modified Terms
AccruingTroubledDebtRestructuringInComplianceWithModifiedTerms
17733000
CY2012 ocfc Net Loans Charged Off
NetLoansChargedOff
5620000
CY2012 ocfc Mortgage Loan On Real Estate Maturity Period
MortgageLoanOnRealEstateMaturityPeriod
P15Y
CY2012 ocfc Capitalized Mortgage Servicing Rights
CapitalizedMortgageServicingRights
1365000
CY2012 ocfc Stock Option Expiration Period From Date Of Grant
StockOptionExpirationPeriodFromDateOfGrant
P10Y
CY2012 ocfc Minimum Amount Of Nonaccrual Business And Commercial Real Estate Loans Evaluated Individually For Impairment
MinimumAmountOfNonaccrualBusinessAndCommercialRealEstateLoansEvaluatedIndividuallyForImpairment
250000
CY2012 ocfc Share Based Compensation Arrangement By Share Based Payment Award Remaining Award Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardRemainingAwardVestingPeriod
2.5 Y
CY2012 ocfc Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Estimated Fair Value Of Options Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageEstimatedFairValueOfOptionsGranted
2.69
CY2012 ocfc Payments To Acquire Bank Owned Life Insurance
PaymentsToAcquireBankOwnedLifeInsurance
10000000
CY2012 ocfc Maturity Period Of Short Term Interest Bearing Securities Included In Cash And Cash Equivalents
MaturityPeriodOfShortTermInterestBearingSecuritiesIncludedInCashAndCashEquivalents
Three months or less
CY2012 ocfc Fixed Rate Loan Commitments Expiration Period
FixedRateLoanCommitmentsExpirationPeriod
P90D
CY2012 ocfc Percentage Of Transactions Between Federal Home Loan Bank And Bank
PercentageOfTransactionsBetweenFederalHomeLoanBankAndBank
0.045 pure
CY2012 ocfc Income Tax Reconciliation Deductions Earnings On Life Insurance
IncomeTaxReconciliationDeductionsEarningsOnLifeInsurance
468000
CY2012 ocfc Stock Based Compensation Expense Recorded On Executive Performance Based Stock Option Grants
StockBasedCompensationExpenseRecordedOnExecutivePerformanceBasedStockOptionGrants
442000
CY2012 ocfc Trouble Debt Restructuring Impact Of Regulatory Guidance On Accrued Loans
TroubleDebtRestructuringImpactOfRegulatoryGuidanceOnAccruedLoans
6291000
CY2012 ocfc Esop Working Hours During Plan
EsopWorkingHoursDuringPlan
1000 H
CY2012 ocfc Share Based Compensation Arrangement By Share Based Payment Award Expiration Year
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationYear
2026
CY2012 ocfc Minimum Loans Delinquent Period
MinimumLoansDelinquentPeriod
P90D
CY2012 ocfc Federal Home Loan Bank Stock Percentage Of Minimum Investment
FederalHomeLoanBankStockPercentageOfMinimumInvestment
0.0020 pure
CY2012 ocfc Trouble Debt Restructuring Impact Of Regulatory Guidance On Nonaccrued Loans
TroubleDebtRestructuringImpactOfRegulatoryGuidanceOnNonaccruedLoans
1704000
CY2012 ocfc Unrealized Gains Loss On Securities Tax Expense
UnrealizedGainsLossOnSecuritiesTaxExpense
1739000
CY2012 ocfc Percentage Of Estimated Other Cost On Loans Measured For Impairment
PercentageOfEstimatedOtherCostOnLoansMeasuredForImpairment
0.15 pure
CY2012 ocfc Proceeds From Sale And Acquisition Of Other Real Estate
ProceedsFromSaleAndAcquisitionOfOtherRealEstate
3105000
CY2011Q1 us-gaap Other Income
OtherIncome
3459000
CY2011Q1 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
7969000
CY2011Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1700000
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2011Q1 us-gaap Net Interest Income Loss After Provision For Loan Losses
NetInterestIncomeLossAfterProvisionForLoanLosses
17637000
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
5105000
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2011Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19337000
CY2011Q1 us-gaap Operating Expenses
OperatingExpenses
13127000
CY2011Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2864000
CY2011Q1 us-gaap Interest Income Operating
InterestIncomeOperating
24291000
CY2011Q1 us-gaap Interest Expense
InterestExpense
4954000
CY2011Q2 us-gaap Other Income
OtherIncome
3897000
CY2011Q2 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
7957000
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2011Q2 us-gaap Net Interest Income Loss After Provision For Loan Losses
NetInterestIncomeLossAfterProvisionForLoanLosses
17445000
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
5103000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2011Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19645000
CY2011Q2 us-gaap Operating Expenses
OperatingExpenses
13385000
CY2011Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2854000
CY2011Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2200000
CY2011Q2 us-gaap Interest Income Operating
InterestIncomeOperating
24237000
CY2011Q2 us-gaap Interest Expense
InterestExpense
4592000
CY2012Q1 us-gaap Other Income
OtherIncome
4311000
CY2012Q1 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
8775000
CY2012Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1700000
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2012Q1 us-gaap Net Interest Income Loss After Provision For Loan Losses
NetInterestIncomeLossAfterProvisionForLoanLosses
17405000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
5647000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2012Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19105000
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
12941000
CY2012Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3128000
CY2012Q1 us-gaap Interest Income Operating
InterestIncomeOperating
22863000
CY2012Q1 us-gaap Interest Expense
InterestExpense
3758000
CY2012Q2 us-gaap Other Income
OtherIncome
4545000
CY2012Q2 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
8368000
CY2012Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1700000
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2012Q2 us-gaap Net Interest Income Loss After Provision For Loan Losses
NetInterestIncomeLossAfterProvisionForLoanLosses
16690000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
5373000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2012Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18390000
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
12867000
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2995000
CY2012Q2 us-gaap Interest Income Operating
InterestIncomeOperating
22049000
CY2012Q2 us-gaap Interest Expense
InterestExpense
3659000
CY2011Q3 us-gaap Other Income
OtherIncome
3731000
CY2011Q3 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
7822000
CY2011Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1850000
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2011Q3 us-gaap Net Interest Income Loss After Provision For Loan Losses
NetInterestIncomeLossAfterProvisionForLoanLosses
17222000
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
5074000
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2011Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19072000
CY2011Q3 us-gaap Operating Expenses
OperatingExpenses
13131000
CY2011Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2748000
CY2011Q3 us-gaap Interest Income Operating
InterestIncomeOperating
23443000
CY2011Q3 us-gaap Interest Expense
InterestExpense
4371000
CY2012Q3 us-gaap Other Income
OtherIncome
4878000
CY2012Q3 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
7639000
CY2012Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1400000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2012Q3 us-gaap Net Interest Income Loss After Provision For Loan Losses
NetInterestIncomeLossAfterProvisionForLoanLosses
16600000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
4959000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2012Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18000000
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
13839000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2680000
CY2012Q3 us-gaap Interest Income Operating
InterestIncomeOperating
21514000
CY2012Q3 us-gaap Interest Expense
InterestExpense
3514000
CY2011Q4 us-gaap Other Income
OtherIncome
4214000
CY2011Q4 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
8466000
CY2011Q4 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2000000
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2011Q4 us-gaap Net Interest Income Loss After Provision For Loan Losses
NetInterestIncomeLossAfterProvisionForLoanLosses
17273000
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
5459000
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2011Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19273000
CY2011Q4 us-gaap Operating Expenses
OperatingExpenses
13021000
CY2011Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3007000
CY2011Q4 us-gaap Interest Income Operating
InterestIncomeOperating
23416000
CY2011Q4 us-gaap Interest Expense
InterestExpense
4143000
CY2011Q4 ocfc Mortgage Loan On Real Estate Days Delinquent
MortgageLoanOnRealEstateDaysDelinquent
P120D
CY2012Q4 us-gaap Other Income
OtherIncome
4492000
CY2012Q4 us-gaap Results Of Operations Income Before Income Taxes
ResultsOfOperationsIncomeBeforeIncomeTaxes
6165000
CY2012Q4 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
3100000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2012Q4 us-gaap Net Interest Income Loss After Provision For Loan Losses
NetInterestIncomeLossAfterProvisionForLoanLosses
14917000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
4041000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2012Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18017000
CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
13244000
CY2012Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2124000
CY2012Q4 us-gaap Interest Income Operating
InterestIncomeOperating
21189000
CY2012Q4 us-gaap Interest Expense
InterestExpense
3172000

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