NASDAQ: OCFC WELCOME TO THE 2011 ANNUAL MEETING OF SHAREHOLDERS OceanFirst Financial Corp. MAY 5, 2011 Exhibit 99.1 |
NASDAQ: OCFC OceanFirst Financial Corp. This presentation contains certain forward-looking statements 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”, or similar expressions. The Company’s ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on the operations of the Company and the subsidiaries include, but are not limited to, changes in interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in the Company’s market area and accounting principles and guidelines. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. The Company does not undertake – and specifically disclaims any obligation – to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. |
NASDAQ: OCFC Record Setting $20.4 Million Net Income in 2010 0 5 10 15 20 25 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 |
NASDAQ: OCFC OCFC Share Price 1 … + 38.6% since late 2009 low +12.7% in 2011 Total Average Shareholder Return 2 … 26.5% in 2010 Top quartile of our peer group Market Recognition of Our Performance 1 Through April 29, 2011 2 December 2009 to December 2010 |
NASDAQ: OCFC OUTLOOK FOR THE FUTURE Creating Shareholder Value Extraordinary Community Banking |
NASDAQ: OCFC Extraordinary Community Banking Educating our customers and friends Supporting our community – OceanFirst Foundation People make the difference |
NASDAQ: OCFC The “5 C’s” of OceanFirst’s Plan Compliance Cost Management Credit Quality Capital Customer |
NASDAQ: OCFC The “5 C’s” of OceanFirst’s Plan Compliance: Heightened compliance requirements Increased and evolving regulatory oversight |
NASDAQ: OCFC The “5 C’s” of OceanFirst’s Plan Cost Management: Careful and balanced investment in our future Ongoing justification of expenses Continue to invest wisely: • People • Infrastructure • Risk Management |
NASDAQ: OCFC The “5 C’s” of OceanFirst’s Plan Credit Quality: Making prudent loans • Residential • Commercial • Consumer |
NASDAQ: OCFC The “5 C’s” of OceanFirst’s Plan Capital: Satisfies evolving regulatory requirements Solidifies our ability to thrive and grow in a rapidly changing environment Allows us to protect and enhance shareholder value |
NASDAQ: OCFC The “5 C’s” of OceanFirst’s Plan Customer: Focus on “Extraordinary Customer Care” Offer latest technologies People make the difference |
NASDAQ: OCFC Conclusion Challenging environment Economy Regulatory landscape Opportunity for Excellence |
NASDAQ: OCFC |
NASDAQ: OCFC QUESTIONS AND ANSWERS |
NASDAQ: OCFC THANK YOU FOR ATTENDING THE 2011 ANNUAL MEETING OF SHAREHOLDERS OceanFirst Financial Corp. |