 Investor Information Agreement to Acquire Colonial American Bank OceanFirst Financial Corp. February 25, 2015 Exhibit 99.2 |
 Transaction Summary 2 • 100% stock deal, valued at $11.3 million • In-market acquisition supports growth objective in towns of Middletown and Shrewsbury, NJ, both demographically attractive • Favorable financial terms (adjusted for DTA realization of $2 million) • Price/Tangible Book Value of 96% • Price/Core Deposit Premium of (0.6%) • Price/2016 Est. EPS w/Cost Savings of 8X • OCFC book value dilution at closing < 1% ($0.01 per share) • Modest execution risk with conservative assumptions • Cost saves of 35%, fully realized in 2016 • Tangible book value earnback less than two years • Strong pro-forma capital position of 9.2% TCE, 9.5% Leverage • Projected closing prior to year-end 2015 |
 Pro Forma Franchise Map 2 Supports existing Red Bank Financial Center |