Bailout Bank Bio: OceanFirst Financial

Aug 6, 2009 | 1 min read | Print Article

OceanFirst Financial Corp.,Inc. is a holding company for OceanFirst Bank, based in Toms River, New Jersey. The company operates 20 branch offices in Ocean, Monmouth, and Middlsex Counties. On January 16, 2009, OceanFirst agreed to sell the U.S. Treasury Department more than 38,000 shares of preferred stock in exchange for $38.3 million in cash.

Federal Equity Investment	$38.3 million
Total Revenue	$128,543,000 (2008)
Net Income	$1,075,000 (2008)
Number of Employees	351
Corporate Headquarters	Toms River, New Jersey
Business Sector	Banking
Officers and Directors	Garbarino, John, Chairman of the Board, President, Chief Executive Officer Other Officers and Directors
Corporate Website	http://www.oceanfirst.com
Executive Compensation	OceanFirst Financial