2015 Q2 Form 10-Q Financial Statement

#000119312515283079 Filed on August 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $20.58M $19.90M
YoY Change 3.41% -1.3%
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 $800.0K $1.000M
YoY Change -20.0% -9.09%
% of Gross Profit
Operating Expenses $14.21M $14.83M
YoY Change -4.19% 8.06%
Operating Profit
YoY Change
Interest Expense $2.143M $1.739M
YoY Change 23.23% -33.55%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $7.912M $7.884M
YoY Change 0.36% 1.58%
Income Tax $2.779M $2.767M
% Of Pretax Income 35.12% 35.1%
Net Earnings $5.133M $5.117M
YoY Change 0.31% 2.61%
Net Earnings / Revenue 24.95% 25.72%
Basic Earnings Per Share $0.31 $0.31
Diluted Earnings Per Share $0.31 $0.30
COMMON SHARES
Basic Shares Outstanding 16.40M shares 16.74M shares
Diluted Shares Outstanding 16.59M shares 16.82M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
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 $24.93M $24.43M
YoY Change 2.05% 6.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.00M $15.00M
YoY Change 0.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.395B $2.329B
YoY Change 2.83% 1.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $72.00M $62.00M
YoY Change 16.13% -12.68%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $72.00M $62.00M
YoY Change 16.13% -12.68%
LONG-TERM LIABILITIES
Long-Term Debt $28.00M $28.00M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $17.00M $13.00M
YoY Change 30.77% 30.0%
Total Long-Term Liabilities $45.00M $41.00M
YoY Change 9.76% 7.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $72.00M $62.00M
Total Long-Term Liabilities $45.00M $41.00M
Total Liabilities $2.174B $2.113B
YoY Change 2.85% 1.14%
SHAREHOLDERS EQUITY
Retained Earnings $223.6M $211.8M
YoY Change 5.58% 4.15%
Common Stock $267.6M $336.0K
YoY Change 79538.1% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $259.9M $250.5M
YoY Change 3.74% 3.66%
Treasury Stock Shares 16.84M shares 16.42M shares
Shareholders Equity $221.5M $215.8M
YoY Change
Total Liabilities & Shareholders Equity $2.395B $2.329B
YoY Change 2.83% 1.02%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $5.133M $5.117M
YoY Change 0.31% 2.61%
Depreciation, Depletion And Amortization $800.0K $1.000M
YoY Change -20.0% -9.09%
Cash From Operating Activities $11.20M $2.200M
YoY Change 409.09% -70.67%
INVESTING ACTIVITIES
Capital Expenditures -$800.0K -$1.200M
YoY Change -33.33% -14.29%
Acquisitions
YoY Change
Other Investing Activities -$9.900M -$41.20M
YoY Change -75.97% 3.78%
Cash From Investing Activities -$10.70M -$42.30M
YoY Change -74.7% 3.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.000M 47.10M
YoY Change -89.38% 946.67%
NET CHANGE
Cash From Operating Activities 11.20M 2.200M
Cash From Investing Activities -10.70M -42.30M
Cash From Financing Activities 5.000M 47.10M
Net Change In Cash 5.500M 7.000M
YoY Change -21.43% -124.14%
FREE CASH FLOW
Cash From Operating Activities $11.20M $2.200M
Capital Expenditures -$800.0K -$1.200M
Free Cash Flow $12.00M $3.400M
YoY Change 252.94% -61.8%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17382730 shares
CY2014Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
20934000
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
215841000
CY2014Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
20936000
CY2014Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
43817000
CY2014Q2 ocfc Reserve For Loan Repurchases And Losses
ReserveForLoanRepurchasesAndLosses
1300000
CY2015Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16419000
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33566772 shares
CY2015Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16722632 shares
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
55000000 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
16844140 shares
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Time Deposits
TimeDeposits
210094000
CY2015Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2106000
CY2015Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16534000
CY2015Q2 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
73900000
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2015Q2 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
1000
CY2015Q2 us-gaap Other Liabilities
OtherLiabilities
9242000
CY2015Q2 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
295616000
CY2015Q2 us-gaap Other Borrowings
OtherBorrowings
27500000
CY2015Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
328175000
CY2015Q2 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
123017000
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
336000
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6587000
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
223644000
CY2015Q2 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
794310000
CY2015Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
267248000
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
221535000
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2395100000
CY2015Q2 us-gaap Loans And Leases Receivable Loans In Process
LoansAndLeasesReceivableLoansInProcess
16073000
CY2015Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
14460000
CY2015Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16534000
CY2015Q2 us-gaap Liabilities
Liabilities
2173565000
CY2015Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
306079000
CY2015Q2 us-gaap Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
7845000
CY2015Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
71687000
CY2015Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2074000
CY2015Q2 us-gaap Deposits
Deposits
1761675000
CY2015Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
309000
CY2015Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
420409000
CY2015Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
43558000
CY2015Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1802256000
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24931000
CY2015Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
487000
CY2015Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
30030000
CY2015Q2 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
2169000
CY2015Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
43558000
CY2015Q2 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
1454000
CY2015Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1772879000
CY2015Q2 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
56858000
CY2015Q2 us-gaap Common Stock Held In Trust
CommonStockHeldInTrust
309000
CY2015Q2 us-gaap Common Stock Issued Employee Trust Deferred
CommonStockIssuedEmployeeTrustDeferred
3187000
CY2015Q2 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
425904000
CY2015Q2 us-gaap Notes Receivable Net
NotesReceivableNet
809515000
CY2015Q2 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
18740000
CY2015Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
28131000
CY2015Q2 us-gaap Loans And Leases Receivable Commercial
LoansAndLeasesReceivableCommercial
111229000
CY2015Q2 us-gaap Other Assets
OtherAssets
10596000
CY2015Q2 us-gaap Other Real Estate
OtherRealEstate
3357000
CY2015Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
32218000
CY2015Q2 us-gaap Assets
Assets
2395100000
CY2015Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
15234000
CY2015Q2 us-gaap Interest Receivable
InterestReceivable
5550000
CY2015Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
40359000
CY2015Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
31450000
CY2015Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1774125000
CY2015Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
414625000
CY2015Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
11340000
CY2015Q2 us-gaap Loans And Leases Receivable Consumer
LoansAndLeasesReceivableConsumer
192351000
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
259919000
CY2015Q2 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
6434000
CY2015Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
19528000
CY2015Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1758698000
CY2015Q2 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
20905000
CY2015Q2 ocfc Debt Securities Maturities After Five Through Ten Years Fair Value
DebtSecuritiesMaturitiesAfterFiveThroughTenYearsFairValue
338000
CY2015Q2 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
200173000
CY2015Q2 ocfc Debt Securities Maturities Within One Year Amortized Cost
DebtSecuritiesMaturitiesWithinOneYearAmortizedCost
34038000
CY2015Q2 ocfc Debt Securities Maturities After Ten Years Amortized Cost
DebtSecuritiesMaturitiesAfterTenYearsAmortizedCost
55000000
CY2015Q2 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses
9972000
CY2015Q2 ocfc Debt Securities Maturities Amortized Cost
DebtSecuritiesMaturitiesAmortizedCost
161321000
CY2015Q2 ocfc Specific Reserves On Nonaccrual Troubled Debt Restructurings
SpecificReservesOnNonaccrualTroubledDebtRestructurings
482000
CY2015Q2 ocfc Available For Sale Securities And Held To Maturity Securities Estimated Fair Value
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesEstimatedFairValue
450439000
CY2015Q2 ocfc Available For Sale Securities And Held To Maturity Securities Gross Unrealized Losses
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesGrossUnrealizedLosses
9972000
CY2015Q2 ocfc Debt Securities Maturities After One Through Five Years Amortized Cost
DebtSecuritiesMaturitiesAfterOneThroughFiveYearsAmortizedCost
71943000
CY2015Q2 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses
9838000
CY2015Q2 ocfc Debt Securities Maturities After Ten Years Fair Value
DebtSecuritiesMaturitiesAfterTenYearsFairValue
47250000
CY2015Q2 ocfc Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDueAndStillAccruing
0
CY2015Q2 ocfc Available For Sale And Held To Maturity Securities Amount Callable Fair Value Disclosure
AvailableForSaleAndHeldToMaturitySecuritiesAmountCallableFairValueDisclosure
47300000
CY2015Q2 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses
134000
CY2015Q2 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
33618000
CY2015Q2 ocfc Debt Securities Maturities Fair Value
DebtSecuritiesMaturitiesFairValue
153853000
CY2015Q2 ocfc Available For Sale Securities And Held To Maturity Securities Gross Unrealized Gains
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesGrossUnrealizedGains
4620000
CY2015Q2 ocfc Debt Securities Maturities After Five Through Ten Years Amortized Cost
DebtSecuritiesMaturitiesAfterFiveThroughTenYearsAmortizedCost
340000
CY2015Q2 ocfc Debt Securities Maturities After One Through Five Years Fair Value
DebtSecuritiesMaturitiesAfterOneThroughFiveYearsFairValue
72189000
CY2015Q2 ocfc Loans And Leases Deferred Origination Costs
LoansAndLeasesDeferredOriginationCosts
3230000
CY2015Q2 ocfc Debt Securities Maturities Within One Year Fair Value
DebtSecuritiesMaturitiesWithinOneYearFairValue
34076000
CY2015Q2 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
166555000
CY2015Q2 ocfc Available For Sale Securities And Held To Maturity Amortized Cost
AvailableForSaleSecuritiesAndHeldToMaturityAmortizedCost
455791000
CY2015Q2 ocfc Loans And Leases Receivable Impaired Troubled Debt Restructuring Performing Loan Amount
LoansAndLeasesReceivableImpairedTroubledDebtRestructuringPerformingLoanAmount
27618000
CY2015Q2 ocfc Available For Sale And Held To Maturity Securities Amount Callable Amortized Cost
AvailableForSaleAndHeldToMaturitySecuritiesAmountCallableAmortizedCost
55000000
CY2015Q2 ocfc Reserve For Loan Repurchases And Losses
ReserveForLoanRepurchasesAndLosses
1000000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
214350000
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
20930000
CY2013Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
33958000
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33566772 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
16901653 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
55000000 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
16665119 shares
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Time Deposits
TimeDeposits
207218000
CY2014Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2161000
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
16317000
CY2014Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
64416000
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2014Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
1000
CY2014Q4 us-gaap Other Liabilities
OtherLiabilities
11447000
CY2014Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
305238000
CY2014Q4 us-gaap Other Borrowings
OtherBorrowings
27500000
CY2014Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
279944000
CY2014Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
95663000
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
336000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-7109000
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
217714000
CY2014Q4 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
836120000
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
265260000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
218259000
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2356714000
CY2014Q4 us-gaap Loans And Leases Receivable Loans In Process
LoansAndLeasesReceivableLoansInProcess
16731000
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
14156000
CY2014Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16317000
CY2014Q4 us-gaap Liabilities
Liabilities
2138455000
CY2014Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
301190000
CY2014Q4 us-gaap Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
6323000
CY2014Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
67812000
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2161000
CY2014Q4 us-gaap Deposits
Deposits
1720135000
CY2014Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
304000
CY2014Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
474215000
CY2014Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
36979000
CY2014Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1718687000
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24738000
CY2014Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
701000
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
19804000
CY2014Q4 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
1927000
CY2014Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
36979000
CY2014Q4 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
4201000
CY2014Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1688846000
CY2014Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
56048000
CY2014Q4 us-gaap Common Stock Held In Trust
CommonStockHeldInTrust
304000
CY2014Q4 us-gaap Common Stock Issued Employee Trust Deferred
CommonStockIssuedEmployeeTrustDeferred
3330000
CY2014Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
481340000
CY2014Q4 us-gaap Notes Receivable Net
NotesReceivableNet
733897000
CY2014Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
19170000
CY2014Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
27023000
CY2014Q4 us-gaap Loans And Leases Receivable Commercial
LoansAndLeasesReceivableCommercial
83946000
CY2014Q4 us-gaap Other Assets
OtherAssets
11908000
CY2014Q4 us-gaap Other Real Estate
OtherRealEstate
4664000
CY2014Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
26487000
CY2014Q4 us-gaap Assets
Assets
2356714000
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
15594000
CY2014Q4 us-gaap Interest Receivable
InterestReceivable
5506000
CY2014Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
36117000
CY2014Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
23493000
CY2014Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1691664000
CY2014Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
469417000
CY2014Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
10492000
CY2014Q4 us-gaap Loans And Leases Receivable Consumer
LoansAndLeasesReceivableConsumer
199349000
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
254612000
CY2014Q4 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
8329000
CY2014Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
16767000
CY2014Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1681708000
CY2014Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
18307000
CY2014Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
279433000
CY2014Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses
12745000
CY2014Q4 ocfc Specific Reserves On Nonaccrual Troubled Debt Restructurings
SpecificReservesOnNonaccrualTroubledDebtRestructurings
419000
CY2014Q4 ocfc Available For Sale Securities And Held To Maturity Securities Estimated Fair Value
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesEstimatedFairValue
494019000
CY2014Q4 ocfc Available For Sale Securities And Held To Maturity Securities Gross Unrealized Losses
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesGrossUnrealizedLosses
12745000
CY2014Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosses
12605000
CY2014Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses
140000
CY2014Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
45040000
CY2014Q4 ocfc Available For Sale Securities And Held To Maturity Securities Gross Unrealized Gains
AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesGrossUnrealizedGains
5524000
CY2014Q4 ocfc Loans And Leases Deferred Origination Costs
LoansAndLeasesDeferredOriginationCosts
3207000
CY2014Q4 ocfc Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleAndHeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
234393000
CY2014Q4 ocfc Available For Sale Securities And Held To Maturity Amortized Cost
AvailableForSaleSecuritiesAndHeldToMaturityAmortizedCost
501240000
CY2014Q4 ocfc Loans And Leases Receivable Impaired Troubled Debt Restructuring Performing Loan Amount
LoansAndLeasesReceivableImpairedTroubledDebtRestructuringPerformingLoanAmount
21462000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
25000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
109000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
7942000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16946000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
17327000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
420000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
756000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16812000 shares
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
651000
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
21715000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
2000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
35419000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
36224000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
34776000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1472000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
60000000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
20574000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-283000
us-gaap Noninterest Income
NoninterestIncome
8672000
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
348000
us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
1373000
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
4104000
us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
291000
us-gaap Payments To Acquire Mortgage Backed Securities Mbs Categorized As Held To Maturity
PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity
10134000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
5728000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
72377000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-93000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15154000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
265000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4065000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-206000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
3494000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
351000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9541000
us-gaap Servicing Fees Net
ServicingFeesNet
454000
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-63000
us-gaap Income Taxes Paid
IncomeTaxesPaid
6601000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5020000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
39643000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
715000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2158000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
142000
us-gaap Net Income Loss
NetIncomeLoss
9824000
us-gaap Interest Paid
InterestPaid
3229000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
429000
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
50000
us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
-139000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-414000
us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
1148000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
44000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
351000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
359000
us-gaap Interest Expense
InterestExpense
3419000
us-gaap Operating Expenses
OperatingExpenses
28937000
us-gaap Professional Fees
ProfessionalFees
898000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
1158000
us-gaap Equipment Expense
EquipmentExpense
1524000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
50000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
15816000
us-gaap Other Noncash Expense
OtherNoncashExpense
35000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
805000
us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
594000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5020000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
9859000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
291000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1083000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5330000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1412000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4065000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
2057000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
74439000
us-gaap Occupancy Net
OccupancyNet
2828000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-286000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-5963000
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
1173000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1752000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-41253000
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1337000
us-gaap Marketing Expense
MarketingExpense
1142000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-72522000
us-gaap Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
27178000
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
4350000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
265000
us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
190000000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
425000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
2082000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
10000000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1402000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
21368000
us-gaap Share Based Compensation
ShareBasedCompensation
429000
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-1882000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-5271000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2649000
ocfc Unallocated Incentive Award Shares And Shares Held By Deferred Compensation Plan
UnallocatedIncentiveAwardSharesAndSharesHeldByDeferredCompensationPlan
95000 shares
ocfc Average Balances Of Impaired Loans
AverageBalancesOfImpairedLoans
42402000
ocfc Net Loans Charged Off
NetLoansChargedOff
799000
ocfc Credit And Debit Card Revenue
CreditAndDebitCardRevenue
1689000
ocfc Other Comprehensive Income Accretion Of Fair Value Adjustment On Held To Maturity Securities Tax
OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax
233000
ocfc Other Comprehensive Income Accretion Of Net Unrealized Losses On Held To Maturity Securities Net Of Tax
OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax
-337000
ocfc Check Card Processing
CheckCardProcessing
940000
ocfc Payments To Acquire Investment Backed Securities Ibs Categorized As Held To Maturity
PaymentsToAcquireInvestmentBackedSecuritiesIbsCategorizedAsHeldToMaturity
5003000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
dei Document Type
DocumentType
10-Q
dei Entity Registrant Name
EntityRegistrantName
OCEANFIRST FINANCIAL CORP
dei Trading Symbol
TradingSymbol
OCFC
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
160000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
20000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
15811000
us-gaap Basis Of Accounting
BasisOfAccounting
<div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b><u>Note 1. Basis of Presentation</u></b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> The accompanying unaudited consolidated financial statements include the accounts of OceanFirst Financial Corp. (the &#x201C;Company&#x201D;) and its wholly-owned subsidiary, OceanFirst Bank (the &#x201C;Bank&#x201D;), and its wholly-owned subsidiaries, OceanFirst REIT Holdings, Inc., OceanFirst Services, LLC and 975 Holdings, LLC.</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> The interim consolidated financial statements reflect all normal and recurring adjustments which are, in the opinion of management, considered necessary for a fair presentation of the financial condition and results of operations for the periods presented. The results of operations for the three and six months ended June&#xA0;30, 2015 are not necessarily indicative of the results of operations that may be expected for all of 2015. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statements of financial condition and the results of operations for the period. Actual results could differ from these estimates.</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Certain information and note disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (the &#x201C;SEC&#x201D;).</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company&#x2019;s Annual Report to Stockholders on Form 10-K for the year ended December&#xA0;31, 2014.</p> </div>
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16613000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
16856000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
dei Entity Central Index Key
EntityCentralIndexKey
0001004702
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
386000 shares
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
744143 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16433000 shares
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
9973000
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
25020000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
11000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
35891000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
36566000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
36577000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1140000
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
7186000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
522000
us-gaap Noninterest Income
NoninterestIncome
8157000
us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0
us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
1026000
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
3949000
us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
288000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-430000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
77571000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1311000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15918000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
165000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4288000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
3142000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
377000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10917000
us-gaap Servicing Fees Net
ServicingFeesNet
111000
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
44000
us-gaap Income Taxes Paid
IncomeTaxesPaid
762000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4452000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
40745000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
810000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1697000
us-gaap Net Income Loss
NetIncomeLoss
10395000
us-gaap Interest Paid
InterestPaid
4137000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
638000
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
8000
us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
-51000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
141000
us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
1157000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
112000
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
377000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
231000
us-gaap Interest Expense
InterestExpense
4179000
us-gaap Operating Expenses
OperatingExpenses
28130000
us-gaap Professional Fees
ProfessionalFees
934000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
689000
us-gaap Equipment Expense
EquipmentExpense
1611000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
8000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
15239000
us-gaap Other Noncash Expense
OtherNoncashExpense
70000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
675000
us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
214000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4452000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
4242000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
288000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1004000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5523000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1504000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4288000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
2189000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
28748000
us-gaap Occupancy Net
OccupancyNet
2696000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
98000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-40747000
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
1398000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
41540000
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
2257000
us-gaap Marketing Expense
MarketingExpense
689000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-40317000
us-gaap Proceeds From Maturities Repayments And Calls Of Trading Securities Heldforinvestment
ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment
30997000
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
23285000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
165000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
234000
us-gaap Proceeds From Federal Home Loan Bank Advances
ProceedsFromFederalHomeLoanBankAdvances
35000000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
1522000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
1922000
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
28144000
us-gaap Share Based Compensation
ShareBasedCompensation
638000
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
5416000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2205000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2636000
ocfc Unallocated Incentive Award Shares And Shares Held By Deferred Compensation Plan
UnallocatedIncentiveAwardSharesAndSharesHeldByDeferredCompensationPlan
37000 shares
ocfc Floating Rate Debt Securities Interest Rate During Period
FloatingRateDebtSecuritiesInterestRateDuringPeriod
Over 90-day LIBOR
ocfc Floating Rate Securities Purchased In Prior Period
FloatingRateSecuritiesPurchasedInPriorPeriod
1998
ocfc Number Of Loan Repurchase Requests
NumberOfLoanRepurchaseRequests
0
ocfc Other Comprehensive Income Loss Transfers From Available For Sale Securities To Held To Maturity
OtherComprehensiveIncomeLossTransfersFromAvailableForSaleSecuritiesToHeldToMaturity
-13347000
ocfc Average Balances Of Impaired Loans
AverageBalancesOfImpairedLoans
39764000
ocfc Floating Rate Debt Securities Principal Amount Maturity Period
FloatingRateDebtSecuritiesPrincipalAmountMaturityPeriod
2028 or prior if called by the issuer
ocfc Net Loans Charged Off
NetLoansChargedOff
458000
ocfc Minimum Amount Of Nonaccrual Business And Commercial Real Estate Loans Evaluated Individually For Impairment
MinimumAmountOfNonaccrualBusinessAndCommercialRealEstateLoansEvaluatedIndividuallyForImpairment
250000
ocfc Credit And Debit Card Revenue
CreditAndDebitCardRevenue
1682000
ocfc Other Comprehensive Income Accretion Of Fair Value Adjustment On Held To Maturity Securities Tax
OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax
263000
ocfc Reserve For Loan Repurchases Increase Decrease
ReserveForLoanRepurchasesIncreaseDecrease
-163000
ocfc Other Comprehensive Income Accretion Of Net Unrealized Losses On Held To Maturity Securities Net Of Tax
OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax
-381000
ocfc Check Card Processing
CheckCardProcessing
898000
ocfc Gain Loss On Sale Of Loan Servicing
GainLossOnSaleOfLoanServicing
111000
ocfc Other Comprehensive Income Reclassification Of Accretion Of Net Unrealized Losses To Held To Maturity Securities
OtherComprehensiveIncomeReclassificationOfAccretionOfNetUnrealizedLossesToHeldToMaturitySecurities
2068000
CY2014 ocfc Number Of Loan Repurchase Requests
NumberOfLoanRepurchaseRequests
0
CY2014 ocfc Non Accrual Troubled Debt Restructurings
NonAccrualTroubledDebtRestructurings
2031000
CY2014 ocfc Other Comprehensive Income Loss Transfers From Available For Sale Securities To Held To Maturity
OtherComprehensiveIncomeLossTransfersFromAvailableForSaleSecuritiesToHeldToMaturity
-13347000
CY2014 ocfc Other Comprehensive Income Reclassification Of Accretion Of Net Unrealized Losses To Held To Maturity Securities
OtherComprehensiveIncomeReclassificationOfAccretionOfNetUnrealizedLossesToHeldToMaturitySecurities
1424000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2014Q2 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
21000 shares
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
61000 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16822000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
17258000 shares
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2014Q2 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
416000 shares
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
914000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16740000 shares
CY2014Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1000
CY2014Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
17884000
CY2014Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18159000
CY2014Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
17530000
CY2014Q2 us-gaap Noninterest Income
NoninterestIncome
4830000
CY2014Q2 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
348000
CY2014Q2 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
637000
CY2014Q2 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
2261000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7884000
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-206000
CY2014Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1731000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4789000
CY2014Q2 us-gaap Servicing Fees Net
ServicingFeesNet
226000
CY2014Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
19898000
CY2014Q2 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
377000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
142000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
5117000
CY2014Q2 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
-107000
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-303000
CY2014Q2 us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
608000
CY2014Q2 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
219000
CY2014Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
146000
CY2014Q2 us-gaap Interest Expense
InterestExpense
1739000
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
14830000
CY2014Q2 us-gaap Professional Fees
ProfessionalFees
523000
CY2014Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
419000
CY2014Q2 us-gaap Equipment Expense
EquipmentExpense
768000
CY2014Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8131000
CY2014Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
275000
CY2014Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
538000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2767000
CY2014Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
987000
CY2014Q2 us-gaap Occupancy Net
OccupancyNet
1364000
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-209000
CY2014Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
753000
CY2014Q2 us-gaap Marketing Expense
MarketingExpense
610000
CY2014Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
986000
CY2014Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1415000
CY2014Q2 ocfc Unallocated Incentive Award Shares And Shares Held By Deferred Compensation Plan
UnallocatedIncentiveAwardSharesAndSharesHeldByDeferredCompensationPlan
102000 shares
CY2014Q2 ocfc Average Balances Of Impaired Loans
AverageBalancesOfImpairedLoans
42835000
CY2014Q2 ocfc Credit And Debit Card Revenue
CreditAndDebitCardRevenue
897000
CY2014Q2 ocfc Other Comprehensive Income Accretion Of Fair Value Adjustment On Held To Maturity Securities Tax
OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax
125000
CY2014Q2 ocfc Other Comprehensive Income Accretion Of Net Unrealized Losses On Held To Maturity Securities Net Of Tax
OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax
-181000
CY2014Q2 ocfc Check Card Processing
CheckCardProcessing
494000
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
CY2015Q2 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
172000 shares
CY2015Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
20000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16593000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
16811000 shares
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
CY2015Q2 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
382000 shares
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
838794 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16401000 shares
CY2015Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
18000
CY2015Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
18133000
CY2015Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18433000
CY2015Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
18548000
CY2015Q2 us-gaap Noninterest Income
NoninterestIncome
4171000
CY2015Q2 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0
CY2015Q2 us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
509000
CY2015Q2 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
2059000
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7912000
CY2015Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1519000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5334000
CY2015Q2 us-gaap Servicing Fees Net
ServicingFeesNet
59000
CY2015Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
20576000
CY2015Q2 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
364000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
5133000
CY2015Q2 us-gaap Profit Loss From Real Estate Operations
ProfitLossFromRealEstateOperations
-72000
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2000
CY2015Q2 us-gaap Investment Advisory Management And Administrative Fees
InvestmentAdvisoryManagementAndAdministrativeFees
629000
CY2015Q2 us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
185000
CY2015Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
146000
CY2015Q2 us-gaap Interest Expense
InterestExpense
2143000
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
14392000
CY2015Q2 us-gaap Professional Fees
ProfessionalFees
539000
CY2015Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
331000
CY2015Q2 us-gaap Equipment Expense
EquipmentExpense
813000
CY2015Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7700000
CY2015Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
300000
CY2015Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
506000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2779000
CY2015Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1101000
CY2015Q2 us-gaap Occupancy Net
OccupancyNet
1242000
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1000
CY2015Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1176000
CY2015Q2 us-gaap Marketing Expense
MarketingExpense
415000
CY2015Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
184000
CY2015Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
967000
CY2015Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1469000
CY2015Q2 ocfc Unallocated Incentive Award Shares And Shares Held By Deferred Compensation Plan
UnallocatedIncentiveAwardSharesAndSharesHeldByDeferredCompensationPlan
28000 shares
CY2015Q2 ocfc Non Accrual Troubled Debt Restructurings
NonAccrualTroubledDebtRestructurings
3832000
CY2015Q2 ocfc Average Balances Of Impaired Loans
AverageBalancesOfImpairedLoans
42584000
CY2015Q2 ocfc Credit And Debit Card Revenue
CreditAndDebitCardRevenue
899000
CY2015Q2 ocfc Other Comprehensive Income Accretion Of Fair Value Adjustment On Held To Maturity Securities Tax
OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax
138000
CY2015Q2 ocfc Other Comprehensive Income Accretion Of Net Unrealized Losses On Held To Maturity Securities Net Of Tax
OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax
-199000
CY2015Q2 ocfc Check Card Processing
CheckCardProcessing
423000
CY2015Q2 ocfc Gain Loss On Sale Of Loan Servicing
GainLossOnSaleOfLoanServicing
30000
CY2013Q3 ocfc Securities Transferred From Available For Sale To Held To Maturity
SecuritiesTransferredFromAvailableForSaleToHeldToMaturity
536000000
CY2013Q3 ocfc Accumulated Other Comprehensive Income Loss Transfers From Available For Sale Securities To Held To Maturity
AccumulatedOtherComprehensiveIncomeLossTransfersFromAvailableForSaleSecuritiesToHeldToMaturity
13300000

Files In Submission

Name View Source Status
0001193125-15-283079-index-headers.html Edgar Link pending
0001193125-15-283079-index.html Edgar Link pending
0001193125-15-283079.txt Edgar Link pending
0001193125-15-283079-xbrl.zip Edgar Link pending
d37272d10q.htm Edgar Link pending
d37272dex311.htm Edgar Link pending
d37272dex312.htm Edgar Link pending
d37272dex320.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ocfc-20150630.xml Edgar Link completed
ocfc-20150630.xsd Edgar Link pending
ocfc-20150630_cal.xml Edgar Link unprocessable
ocfc-20150630_def.xml Edgar Link unprocessable
ocfc-20150630_lab.xml Edgar Link unprocessable
ocfc-20150630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending