OceanFirst Financial Corp OCFC Balance Sheet

Oceanfirst financial corp (OCFC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and Due from Banks
256	120	140	148	134	120	148	254	119	109	255	107	175	301	311	66	34	43	50	40	34	36	27	43	36	33	44	42	71	62	55	39	38	77	70	28	31
Federal funds sold
-	-	-	-	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Securities, Available-for-sale
153	150	127	123	122	100	100	100	86	81	67	62	47	20	2	12	30	29	30	30	30	19	20	32	39	43	68	226	214	547	208	195	166	165	157	133	91
Debt securities held-to-maturity, net of allowance for credit losses of $2,529 at March 31, 2020 (estimated fair value of $928,582 at March 31, 2020 and $777,290 at December 31, 2019)
914	768	819	863	900	846	883	922	982	764	742	720	695	589	470	513	375	394	392	414	442	469	486	478	496	495	514	-	-	-	-	-	-	-	-	-	-
Equity Securities, FV-NI
14	10	10	10	9	9	9	9	9	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted equity investments, at cost
81	62	62	59	55	56	57	66	50	19	18	20	19	19	18	21	16	19	15	18	16	19	14	20	17	14	15	18	17	17	17	18	17	18	18	18	16
Financing Receivable, after Allowance for Credit Loss
7,913	6,207	6,081	5,943	5,968	5,579	5,543	5,553	5,413	3,965	3,870	3,868	3,825	3,803	3,028	3,130	1,996	1,970	1,938	1,772	1,736	1,688	1,632	1,631	1,570	1,541	1,522	1,505	1,501	1,523	1,545	1,548	1,554	1,563	1,588	1,617	1,660
Mortgage-backed securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	392	383	-	360	375	376	364	346	336	341
Loans held-for-sale
17	0	0	-	-	-	0	0	0	0	0	0	0	1	21	5	3	2	2	1	6	4	3	1	1	0	2	2	4	6	5	5	4	9	3	4	6
Interest and dividends receivable
27	21	21	22	22	19	20	19	19	14	13	13	12	11	9	10	6	5	5	5	5	5	5	5	5	5	6	6	6	5	6	6	6	6	6	6	6
Other real estate owned
0	0	0	0	1	1	6	7	8	8	9	8	8	9	9	9	9	8	3	3	3	4	6	4	4	4	4	3	2	3	3	3	2	1	1	2	2
Property, Plant, And Equipment And Finance Lease Right-Of-Use Asset, After Accumulated Depreciation And Amortization
104	102	103	105	113	111	112	113	121	101	64	59	70	71	51	49	28	28	28	24	24	24	24	24	23	23	22	23	22	22	22	22	22	22	22	22	22
Servicing asset
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	0	0	0	0	0	3	3	3	4	4	4	4	4	4	4	4	4	4	5	5
Bank Owned Life Insurance
261	237	236	235	234	222	221	219	218	134	134	133	132	132	106	105	57	57	57	56	56	56	55	55	54	54	54	53	53	53	52	42	42	41	41	41	40
Deferred tax asset
-	-	66	66	66	63	59	59	60	1	29	29	33	38	39	37	16	16	18	15	15	15	15	15	15	15	-	-	-	8	-	-	-	-	-	-	-
Assets held for sale
3	3	5	4	4	4	7	10	3	4	5	6	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
211	169	69	53	46	24	36	40	43	41	15	13	16	9	11	14	10	10	10	10	10	11	12	12	12	12	27	25	22	14	21	24	26	26	21	21	24
Core deposit intangible
28	15	16	17	18	16	17	18	19	8	9	9	10	10	3	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
500	374	374	374	375	338	338	338	337	150	148	148	147	145	66	67	2	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
10,489	8,246	8,135	8,029	8,092	7,516	7,562	7,736	7,494	5,416	5,383	5,202	5,196	5,166	4,151	4,047	2,588	2,593	2,557	2,395	2,384	2,356	2,308	2,329	2,281	2,249	2,286	2,305	2,303	2,269	2,304	2,287	2,261	2,302	2,281	2,239	2,251
Liabilities and Stockholders’ Equity
Deposits
7,892	6,328	6,220	6,187	6,290	5,814	5,854	5,819	5,907	4,342	4,350	4,176	4,198	4,187	3,324	3,206	1,971	1,916	1,967	1,761	1,800	1,720	1,781	1,705	1,720	1,746	1,768	1,703	1,740	1,719	1,739	1,708	1,680	1,706	1,687	1,639	1,663
Federal Home Loan Bank advances
825	519	512	453	418	449	456	674	341	288	259	277	250	250	251	312	251	324	233	295	251	305	205	305	232	175	189	269	225	225	225	247	245	266	266	274	265
Securities sold under agreements to repurchase with retail customers
90	71	65	62	66	61	61	62	82	79	75	75	77	69	69	67	83	75	77	71	65	67	61	62	66	68	69	71	71	60	72	67	68	66	71	72	67
Other borrowings
120	96	96	96	99	99	99	99	99	56	56	56	56	56	56	22	22	22	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27
Due to brokers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	-	-	1	-	-	-	-	-	1	-	-	5	-	-	-
Advances by borrowers for taxes and insurance
24	13	16	14	15	14	16	17	11	11	14	15	14	14	8	9	7	7	7	7	7	6	6	6	6	6	8	7	7	7	7	8	8	7	6	7	6
Other liabilities
126	62	79	77	76	37	44	51	44	35	32	13	16	16	24	19	10	8	9	9	9	11	7	6	10	11	8	9	12	9	11	9	10	7	6	4	18
Total liabilities
9,079	7,093	6,990	6,891	6,965	6,476	6,532	6,724	6,487	4,814	4,787	4,614	4,613	4,595	3,733	3,638	2,347	2,354	2,323	2,173	2,163	2,138	2,090	2,113	2,065	2,035	2,072	2,089	2,084	2,049	2,084	2,068	2,040	2,085	2,065	2,025	2,050
Commitments and contingencies (note 14)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	0
Stockholders’ equity:
Preferred stock, $.01 par value, $1,000 liquidation preference, 5,000,000 shares authorized, no shares issued
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $.01 par value, 150,000,000 shares authorized, 60,960,568 shares issued and 60,311,717 and 50,405,048 shares outstanding at March 31, 2020 and December 31, 2019, respectively
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
1,078	840	839	838	836	757	756	752	745	354	353	353	352	364	308	308	271	269	269	267	266	265	264	264	264	263	263	262	262	262	262	262	262	262	261	261	260
Retained earnings
364	358	343	327	316	305	286	273	268	271	266	258	256	238	236	230	231	229	226	223	220	217	214	211	208	206	206	203	200	198	196	193	190	186	183	180	174
Accumulated other comprehensive loss
0	-1	-1	-1	-2	-3	-3	-3	-5	-5	-5	-5	-5	-5	-5	-5	-5	-6	-6	-6	-6	-7	-7	-6	-6	-6	-7	-4	0	0	0	-0	-1	-2	-0	-0	-5
Less: Unallocated common stock held by Employee Stock Ownership Plan
8	8	8	9	9	9	10	10	2	2	2	2	2	2	2	2	2	3	3	3	3	3	3	3	3	3	3	3	3	3	3	4	4	4	4	4	4
Treasury stock, 648,851 and 1,586,808 shares at March 31, 2020 and December 31, 2019, respectively
25	36	28	18	14	10	0	0	0	15	16	16	17	22	120	121	252	251	251	259	257	254	250	250	247	245	245	241	240	237	235	233	227	226	224	224	224
Common stock acquired by Deferred Compensation Plan
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Compensation Plan Liability
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stockholders' Equity Attributable to Parent
1,409	1,153	1,144	1,137	1,127	1,039	1,029	1,012	1,007	601	596	587	582	571	417	409	241	238	234	221	220	218	218	215	216	214	213	216	219	219	219	218	220	216	215	213	201
Total liabilities and stockholders’ equity
10,489	8,246	8,135	8,029	8,092	7,516	7,562	7,736	7,494	5,416	5,383	5,202	5,196	5,166	4,151	4,047	2,588	2,593	2,557	2,395	2,384	2,356	2,308	2,329	2,281	2,249	2,286	2,305	2,303	2,269	2,304	2,287	2,261	2,302	2,281	2,239	2,251