OceanFirst Financial Toronto Raptors Corp

OceanFirst Financial studies toronto raptors Corp. Announces air canada centre raptors imparts Sale of Preferred Shares to the U.S.Treasury Under the Capital Purchase Program for Healthy Financial InstitutionsTOMS RIVER, N.J., Jan. 19, 2009 (GLOBE NEWSWIRE) — OceanFirst Financial Corp.(Nasdaq:OCFC), the holding company for OceanFirst Bank, announced today that ithad completed the sale of 38,263 shares of Fixed Rate Cumulative PerpetualPreferred Stock, Series A totaling $38.263 million to the U.S. Department ofTreasury under the Capital Purchase Program (the “Program”) of the EmergencyEconomic Stabilization Act of 2008.The voluntary equity investment from the U Toronto Raptors .S.

Treasury represents 3% of totalrisk weighted assets as of September 30, 2008 toronto star raptors . The Preferred Stock issued willpay cumulative dividends to Treasury of 5% a year for the first five years and9% a year thereafter basketball . In conjunction with the Preferred Stock issuance, Treasuryalso received a ten year warrant to purchase 380,853 shares of common stock atan exercise price of $15.07.Chairman, President and CEO John R bulls raptors . Garbarino commented, “We are pleased toconfirm that after careful evaluation of the Treasury Capital Purchase Program,created for select, healthy financial institutions, our Board has decided toaccept Treasury’s equity investment in OceanFirst Financial buy raptor tickets . We have concludedthat the Program advances the best interests of the Company, our shareholdersand employees nba.com – raptors . Moreover, the capital infusion from Treasury will permit us tocontinue our commitment to serve the credit needs of our community throughoutthe current economic downturn.”OceanFirst Financial Corp.’s subsidiary, OceanFirst Bank, founded in 1902, is afederally-chartered stock savings bank with $1 Toronto Raptors tickets – nba .9 billion in assets andtwenty-three branches located in Ocean, Monmouth and Middlesex counties, NewJersey. The Bank is the largest and oldest community-based financial institutionheadquartered in Ocean County, New Jersey.OceanFirst Financial Corp Raptors tickets .’s press releases are available at no charge byvisiting us on the worldwide web at StatementsThis news release contains certain forward-looking statements which are based oncertain assumptions and describe future plans, strategies and expectations ofthe Company.

These forward-looking statements are generally identified by use ofthe words “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” orsimilar expressions . The Company’s ability to predict results or the actualeffect of future plans or strategies is inherently uncertain buy raptors tickets Raptors tickets – nba . Factors whichcould have a material adverse effect on the operations of the Company and thesubsidiaries include, but are not limited to, changes in interest rates, generaleconomic conditions, legislative/regulatory changes, monetary and fiscalpolicies of the U Raptors .S Government, including policies of the U.S buy toronto raptor tickets . Treasury and theFederal Reserve Board, the quality or composition of the loan or investmentportfolios, demand for loan products, deposit flows, competition, demand forfinancial services in the Company’s market area and accounting principles andguidelines . These risks and uncertainties should be considered in evaluatingforward-looking statements and undue reliance should not be placed on suchstatements. The Company does not undertake — and specifically disclaims anyobligation — to publicly release the result of any revisions which may be madeto any forward-looking statements to reflect events or circumstances after thedate of such statements or to reflect the occurrence of anticipated orunanticipated events.-0-CONTACT:OceanFirst Financial Corp.Michael J Fitzpatrick, Chief Financial Officer(732) 240-4500, ext. 7506Fax: (732) Toronto Raptors tickets raptors.com .

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