ADDED
Form 10-K Summary 129 Signatures 130 2 Glossary of Defined Terms The acronyms and abbreviations identified below are used throughout this report, including the Notes to Consolidated Financial Statements.
Sun Treadway Commission in Internal Control - Integrated Framework (2013) COSO 2013 Framework Trident Abstract Title Agency, LLC Trident Troubled Debt Restructuring TDR United States Department of Housing and Urban Development HUD United States Department of Justice DOJ Variable Interest Entity VIE Warburg Pincus LLC Warburg 4 PART I Item 1.
(the Company ) is incorporated under Delaware law and serves as the holding company for OceanFirst Bank N.A (the Bank ).
At December 31, 2025, the Company had consolidated total assets of $14.6 billion and total stockholders equity of $1.7 billion.
The Company is subject to regulation by the Board of Governors of the FRB and the SEC.
The Bank is primarily subject to regulation and supervision by the OCC, as well as the CFPB due to the Bank exceeding $10 billion in assets.
The Bank is also subject to regulation and supervision by the FDIC, as its deposit insurer.
The Bank s principal business is originating loans, consisting of commercial real estate and other commercial loans, which have become a key focus of the Bank.
In addition, the Bank invests in MBS, securities issued by the U.S.
Forward-looking statements may be identified by the use of the words such as estimate, plan, project, forecast, intend, expect, anticipate, believe, seek, strategy, future, opportunity, may, could, target, should, will, would, will be, will continue, will likely result, or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words.
REMOVED
(the Company ) is incorporated under Delaware law and serves as the holding company for OceanFirst Bank N.A.
At December 31, 2024, the Company had consolidated total assets of $13.4 billion and total stockholders equity of $1.7 billion.
The Company is subject to regulation by the Board of Governors of the Federal Reserve System (the FRB ) and the Securities and Exchange Commission (the SEC ).
The Bank is primarily subject to regulation and supervision by the Office of the Comptroller of the Currency (the OCC ), as well as the Consumer Financial Protection Bureau (the CFPB ) due to the Bank having in excess of $10 billion in assets.
The Bank is also subject to regulation and supervision by the Federal Deposit Insurance Corporation (the FDIC ), as the deposit insurer.
The Bank s principal business is originating loans, consisting of commercial real estate and other commercial loans, which have become a key focus of the Bank, and single-family, owner-occupied residential mortgage loans.
In addition, the Bank invests in mortgage-backed securities ( MBS ), securities issued by the U.S.
The Bank s primary sources of funds are deposits, principal and interest payments on loans and investments, Federal Home Loan Bank ( FHLB ) advances, and other borrowings.
Forward-Looking Statements In addition to historical information, this Form 10-K may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on certain assumptions and describe future plans, strategies and expectations of the Company.
These forward-looking statements are generally identified by use of the words believe, expect, intend, anticipate, estimate, project, will, should, may, view, opportunity, potential, or similar expressions or expressions of confidence.