OceanFirst Financial (OCFC) 10-K 15 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 08, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	OCFC
Entity Registrant Name	OCEANFIRST FINANCIAL CORP
Entity Central Index Key	1,004,702
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		17,294,735
Entity Public Float			$ 292,493,000

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 43,946	$ 36,117
Securities available-for-sale (encumbered $29,902 at December 31, 2015 and $9,915 at December 31, 2014) (notes 4, 9 and 10)	29,902	19,804
Securities held-to-maturity, net (estimated fair value of $397,763 at December 31, 2015 and $474,215 at December 31, 2014) (encumbered $371,270 at December 31, 2015 and $421,427 at December 31, 2014) (notes 4, 9 and 10)	394,813	469,417
Federal Home Loan Bank of New York stock, at cost (note 10)	19,978	19,170
Loans receivable, net (notes 5, 10 and 14)	1,970,703	1,688,846
Mortgage loans held-for-sale	2,697	4,201
Interest and dividends receivable (note 7)	5,860	5,506
Other real estate owned	8,827	4,664
Premises and equipment, net (note 8)	28,419	24,738
Servicing asset (note 6)	589	701
Bank Owned Life Insurance	57,549	56,048
Deferred tax asset (note 11)	16,807	15,619
Other assets	10,900	11,883
Core deposit intangible (note 3)	256
Goodwill (note 3)	1,822
Total assets	2,593,068	2,356,714
Liabilities and Stockholders' Equity
Deposits (notes 4 and 9)	1,916,678	1,720,135
Securities sold under agreements to repurchase with retail customers (notes 4 and 10)	75,872	67,812
Federal Home Loan Bank advances (note 10)	324,385	305,238
Other borrowings (note 10)	22,500	27,500
Advances by borrowers for taxes and insurance	7,121	6,323
Other liabilities (note 15)	8,066	11,447
Total liabilities	$ 2,354,622	$ 2,138,455
Commitments and contingencies (note 14)
Stockholders' equity: (notes 2, 11, 12 and 13)
Preferred stock, $.01 par value, $1,000 liquidation preference, 5,000,000 shares authorized, no shares issued
Common stock, $.01 par value, 55,000,000 shares authorized, 33,566,772 shares issued and 17,286,557 and 16,901,653 shares outstanding at December 31, 2015 and December 31, 2014, respectively	$ 336	$ 336
Additional paid-in capital	269,757	265,260
Retained earnings	229,140	217,714
Accumulated other comprehensive loss	(6,241)	(7,109)
Less: Unallocated common stock held by Employee Stock Ownership Plan	(3,045)	(3,330)
Treasury stock, 16,280,215 and 16,665,119 shares at December 31, 2015 and December 31, 2014, respectively	(251,501)	(254,612)
Common stock acquired by Deferred Compensation Plan	(314)	(304)
Deferred Compensation Plan Liability	314	304
Total stockholders' equity	238,446	218,259
Total liabilities and stockholders' equity	$ 2,593,068	$ 2,356,714

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Securities available-for-sale, encumbered	$ 29,902,000	$ 9,915,000
Securities held-to-maturity, net estimated fair value	397,763,000	474,215,000
Securities held-to-maturity, net encumbered	$ 371,270,000	$ 421,427,000
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, liquidation preference	$ 1,000	$ 1,000
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	55,000,000	55,000,000
Common stock, shares issued	33,566,772	33,566,772
Common stock, shares outstanding	17,286,557	16,901,653
Treasury stock, shares	16,280,215	16,665,119

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest income:
Loans	$ 77,694	$ 70,564	$ 69,863
Mortgage-backed securities	6,051	6,845	7,403
Investment securities and other	2,118	2,444	2,891
Total interest income	85,863	79,853	80,157
Interest expense:
Deposits (note 9)	4,301	4,103	4,709
Borrowed funds (note 10)	4,733	3,402	4,919
Total interest expense	9,034	7,505	9,628
Net interest income	76,829	72,348	70,529
Provision for loan losses (note 5)	1,275	2,630	2,800
Net interest income after provision for loan losses	75,554	69,718	67,729
Other income:
Bankcard services revenue	3,537	3,478	3,584
Wealth management revenue	2,187	2,280	2,174
Fees and services charges	8,124	8,589	7,451
Loan servicing income (note 6)	268	816	748
Net gain on sale of loan servicing	111	408
Net gain on sales of loans available-for-sale (note 15)	822	772	1,163
Net gain on sales of investment securities available-for-sale (note 4)		1,031	46
Net loss from other real estate operations	(149)	(390)	(161)
Income from Bank Owned Life Insurance	1,501	1,477	1,404
Other	25	116	49
Total other income	16,426	18,577	16,458
Operating expenses:
Compensation and employee benefits (notes 12 and 13)	31,946	31,427	28,762
Occupancy (note 14)	5,722	5,510	5,562
Equipment	3,725	3,278	2,724
Marketing	1,516	1,795	1,632
Federal deposit insurance	2,072	2,128	2,141
Data processing	4,731	4,239	3,996
Check card processing	1,815	1,934	1,768
Professional fees	1,865	2,267	2,449
Other operating expense	5,484	5,186	5,366
Amortization of core deposit intangible	21
Federal Home Loan Bank advance prepayment fee (note 10)			4,265
Branch consolidation expense			579
Merger related expenses	1,878
Total operating expenses	60,775	57,764	59,244
Income before provision for income taxes	31,205	30,531	24,943
Provision for income taxes (note 11)	10,883	10,611	8,613
Net income	$ 20,322	$ 19,920	$ 16,330
Basic earnings per share	$ 1.22	$ 1.19	$ 0.96
Diluted earnings per share	$ 1.21	$ 1.19	$ 0.95
Average basic shares outstanding (note 16)	16,600	16,687	17,071
Average diluted shares outstanding (note 16)	16,811	16,797	17,157

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net income	$ 20,322	$ 19,920	$ 16,330
Other comprehensive income:
Unrealized gain (loss) on securities (net of tax expense of $38 in 2015, and tax benefit of $415 in 2014 and $4,674 in 2013)	55	(601)	(6,768)
Reclassification adjustment for gains included in net income (net of tax expense of $0, $421 and $19 in 2015, 2014 and 2013, respectively)		(610)	(27)
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $562, $497 and $88 in 2015, 2014 and 2013, respectively)	813	721	127
Total other comprehensive income (loss)	868	(490)	(6,668)
Total comprehensive income	$ 21,190	$ 19,430	$ 9,662

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on securities, tax expense (benefit)	$ 38	$ 415	$ 4,674
Reclassification adjustment for gains included in net income, tax expense	0	421	19
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense	$ 562	$ 497	$ 88

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Employee Stock Ownership Plan [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive (Loss) Gain [Member]	Treasury Stock [Member]	Common Stock Acquired by Deferred Compensation Plan [Member]	Deferred Compensation Plan Liability [Member]
Beginning Balance at Dec. 31, 2012	$ 219,792	$ (3,904)	$ 336	$ 262,704	$ 198,109	$ 49	$ (237,502)	$ (647)	$ 647
Net income	16,330				16,330
Other comprehensive income (loss), net of tax	(6,668)					(6,668)
Stock awards	671			671
Tax benefit (expense) of stock plans	(31)			(31)
Treasury stock allocated to restricted stock plan				(275)	6		269
Allocation of ESOP stock	538	288		250
Cash dividend $0.48, $0.49 and $0.52 per share for 2013, 2014 and 2015 respectively	(8,239)				(8,239)
Exercise of stock options	65				(5)		70
Purchase of 533,018, 551,291 and 373,594 shares of common stock in 2013, 2014 and 2015 respectively	(8,108)						(8,108)
Sale/Purchase of stock for the deferred compensation plan, net								(18)	18
Ending Balance at Dec. 31, 2013	214,350	(3,616)	336	263,319	206,201	(6,619)	(245,271)	(665)	665
Net income	19,920				19,920
Other comprehensive income (loss), net of tax	(490)					(490)
Stock awards	928			928
Tax benefit (expense) of stock plans	51			51
Treasury stock allocated to restricted stock plan				678	(99)		(579)
Allocation of ESOP stock	570	286		284
Cash dividend $0.48, $0.49 and $0.52 per share for 2013, 2014 and 2015 respectively	(8,241)				(8,241)
Exercise of stock options	349				(67)		416
Purchase of 533,018, 551,291 and 373,594 shares of common stock in 2013, 2014 and 2015 respectively	(9,178)						(9,178)
Sale/Purchase of stock for the deferred compensation plan, net								361	(361)
Ending Balance at Dec. 31, 2014	218,259	(3,330)	336	265,260	217,714	(7,109)	(254,612)	(304)	304
Net income	20,322				20,322
Other comprehensive income (loss), net of tax	868					868
Stock awards	1,300			1,300
Tax benefit (expense) of stock plans	32			32
Treasury stock allocated to restricted stock plan				1,214	(144)		(1,070)
Allocation of ESOP stock	603	285		318
Issued 660,098 treasury shares to finance acquisition	11,818			1,633			10,185
Cash dividend $0.48, $0.49 and $0.52 per share for 2013, 2014 and 2015 respectively	(8,693)				(8,693)
Exercise of stock options	396				(59)		455
Purchase of 533,018, 551,291 and 373,594 shares of common stock in 2013, 2014 and 2015 respectively	(6,459)						(6,459)
Sale/Purchase of stock for the deferred compensation plan, net								(10)	10
Ending Balance at Dec. 31, 2015	$ 238,446	$ (3,045)	$ 336	$ 269,757	$ 229,140	$ (6,241)	$ (251,501)	$ (314)	$ 314

Consolidated Statements of Cha8

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Retained Earnings [Member]
Cash dividend per share	$ 0.52	$ 0.49	$ 0.48
Treasury Stock [Member]
Issued treasury shares to finance acquisition	660,098
Purchase of common stock, shares	373,594	551,291	533,018

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 20,322	$ 19,920	$ 16,330
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	3,335	2,916	2,832
Allocation of ESOP stock	603	570	538
Stock awards	1,300	928	671
Amortization of core deposit intangible	21
Amortization of servicing asset	245	1,016	1,385
Net premium amortization in excess of discount accretion on securities	1,991	2,816	3,667
Net premium amortization of deferred fees and discounts on loans	55	63	501
Provision for loan losses	1,275	2,630	2,800
Provision for repurchased loans and loss sharing obligations			975
Deferred tax provision (benefit)	1,441	82	(1,750)
Net (gain) loss on sales of other real estate owned	(269)	(46)	105
Net gain on sales of loans	(822)	(772)	(2,138)
Net gain on sales of investment securities available for sale		(1,031)	(46)
Proceeds from sale of mortgage servicing rights	192	3,155
Net gain on sale of loan servicing	(111)	(408)
Proceeds from sales of mortgage loans held-for-sale	49,436	39,641	106,719
Mortgage loans originated for sale	(47,110)	(42,571)	(99,614)
Increase in value of Bank Owned Life Insurance	(1,501)	(1,477)	(1,404)
Decrease (increase) in interest and dividends receivable	68	(126)	596
Decrease in other assets	1,670	151	2,031
(Decrease) increase in other liabilities	(3,690)	124	1,260
Total adjustments	8,129	7,661	19,128
Net cash provided by operating activities	28,451	27,581	35,458
Cash flows from investing activities:
Net increase in loans receivable	(146,646)	(152,852)	(24,917)
Purchase of loans receivable	(22,054)	(20,574)
Proceeds from sale of non-performing loans		19,058
Proceeds from sales of investment securities available-for-sale		8,439	1,244
Purchase of investment securities available-for-sale	(9,972)	(20,547)	(28,292)
Purchase of investment securities held-to-maturity	(16,349)	(5,003)	(847)
Purchase of mortgage-backed securities available-for-sale			(127,582)
Purchase of mortgage-backed securities held-to-maturity	(10,312)	(35,203)
Proceeds from maturities of investment securities available-for-sale		35,005	45,395
Proceeds from maturities of investment securities held-to-maturity	46,292	7,711	3,725
Principal repayments on mortgage-backed securities available-for-sale			75,460
Principal repayments on mortgage-backed securities held-to-maturity	61,081	57,199	24,017
(Increase) decrease in Federal Home Loan Bank of New York stock	(494)	(4,652)	2,543
Net proceeds from sale and acquisition of other real estate owned	3,342	4,016	2,116
Purchases of premises and equipment	(3,891)	(3,970)	(4,283)
Cash received, net of cash consideration paid for acquisition	3,703
Net cash (used in) provided by investing activities	(95,300)	(111,373)	(31,421)
Cash flows from financing activities:
Increase (decrease) in deposits	73,197	(26,628)	27,092
(Decrease) increase in short-term borrowings	(27,740)	24,746	112,513
Proceeds from Federal Home Loan Bank advances	55,000	215,000	70,000
Repayments of Federal Home Loan Bank advances	(6,853)	(110,000)	(225,000)
Repayments of other borrowings	(5,000)
Increase (decrease) in advances by borrowers for taxes and insurance	798	(148)	(915)
Exercise of stock options	396	349	65
Purchase of treasury stock	(6,459)	(9,178)	(8,108)
Dividends paid	(8,693)	(8,241)	(8,239)
Tax benefit (expense) of stock plans	32	51	(31)
Net cash provided by (used in) financing activities	74,678	85,951	(32,623)
Net increase (decrease) in cash and due from banks	7,829	2,159	(28,586)
Cash and due from banks at beginning of year	36,117	33,958	62,544
Cash and due from banks at end of year	43,946	36,117	33,958
Supplemental disclosure of cash flow information:
Interest	8,928	7,243	9,969
Income taxes	10,562	11,801	8,136
Non-cash investing activities:
Reclassification of securities available-for-sale to held-to-maturity			536,010
Accretion of unrealized loss on securities reclassified to held-to-maturity	1,375	1,218	206
Loans charged-off, net	870	7,243	2,380
Transfer of loans receivable to other real estate owned	6,979	$ 4,289	$ 3,356
Non-cash assets acquired:
Securities	6,758
Federal Home Loan Bank of New York stock	314
Loans	121,466
Other real estate owned	257
Deferred tax asset	3,227
Other assets	8,279
Goodwill and other intangible assets, net	2,099
Total non-cash assets acquired	142,400
Liabilities assumed:
Deposits	123,346
Federal Home Loan Bank advances	6,800
Other liabilities	309
Total liabilities assumed	130,455
Total consideration for acquisition	$ 11,945

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	(1) Summary of Significant Accounting Policies Principles of Consolidation The consolidated financial statements include the accounts of OceanFirst Financial Corp. (the “Company”) and its wholly-owned subsidiary, OceanFirst Bank (the “Bank”) and its wholly-owned subsidiaries, OceanFirst REIT Holdings, Inc, and its wholly-owned subsidiary OceanFirst Realty Corp., OceanFirst Services, LLC and its wholly-owned subsidiary OFB Reinsurance, Ltd., 975 Holdings, LLC, and Hooper Holdings, LLC. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain amounts previously reported have been reclassified to conform to the current year’s presentation. Business The Bank provides a range of community banking services to customers through a network of branches and offices in Ocean, Monmouth, Middlesex and Mercer Counties in New Jersey. The Bank is subject to competition from other financial institutions; it is also subject to the regulations of certain regulatory agencies and undergoes periodic examinations by those regulatory authorities. Basis of Financial Statement Presentation The consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles. The preparation of the accompanying consolidated financial statements in conformity with these accounting principles requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, and the evaluation of securities and goodwill for other-than-temporary impairment. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. Such estimates and assumptions are adjusted when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. Cash Equivalents Cash equivalents consist of interest-bearing deposits in other financial institutions and loans of Federal funds. For purposes of the consolidated statements of cash flows, the Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. Securities Securities include securities held-to-maturity and securities available-for-sale. Management determines the appropriate classification at the time of purchase. If management has the positive intent not to sell and the Company would not be required to sell prior to maturity, the securities are classified as held-to-maturity securities. Such securities are stated at amortized cost. During 2013, the Company transferred $536.0 million of previously designated available-for-sale securities to held-to-maturity designation at estimated fair value. The Company has the ability and intent to hold these securities as an investment until maturity or call. The securities transferred had an unrealized loss of $13.3 million at the time of transfer which continues to be reflected in accumulated other comprehensive income, net of subsequent amortization, which is being recognized over the life of the securities. Securities in the available-for-sale category are securities which the Company may sell prior to maturity as part of its asset/liability management strategy. Such securities are carried at estimated fair value and unrealized gains and losses, net of related tax effect, are excluded from earnings, but are included as a separate component of stockholders’ equity and as part of comprehensive income. Discounts and premiums on securities are accreted or amortized using the level-yield method over the estimated lives of the securities, including the effect of prepayments. Gains or losses on the sale of such securities are included in other income using the specific identification method. Other-Than-Temporary Impairments on Securities One of the significant estimates related to securities is the evaluation for other-than-temporary impairments. If a determination is made that a debt security is other-than-temporarily impaired, the Company will estimate the amount of the unrealized loss that is attributable to credit and all other non-credit related factors. The credit related component will be recognized as an other-than-temporary impairment charge in non-interest income as a component of gain (loss) on securities, net. The non-credit related component will be recorded as an adjustment to accumulated other comprehensive income, net of tax. The evaluation of securities for impairments is a quantitative and qualitative process, which is subject to risks and uncertainties and is intended to determine whether declines in the estimated fair value of investments should be recognized in current period earnings. The risks and uncertainties include changes in general economic conditions, the issuer’s financial condition and/or future prospects, the effects of changes in interest rates or credit spreads and the expected recovery period. On a quarterly basis the Company evaluates the securities portfolio for other-than-temporary impairment. Securities that are in an unrealized loss position are reviewed to determine if an other-than-temporary impairment is present based on certain quantitative factors. The primary factors considered in evaluating whether a decline in value is other-than-temporary include: (a) the length of time and extent to which the estimated fair value has been less than cost or amortized cost and the expected recovery period of the security, (b) the financial condition, credit rating and future prospects of the issuer, (c) whether the debtor is current on contractually obligated interest and principal payments and (d) whether the Company intends to sell the security and whether it is more likely than not that the Company will not be required to sell the security. Loans Receivable Loans receivable, other than loans held-for-sale, are stated at unpaid principal balance, plus unamortized premiums less unearned discounts, net of deferred loan origination and commitment fees and costs, and the allowance for loan losses. Loan origination and commitment fees and certain direct loan origination costs are deferred and the net fee or cost is recognized in interest income using the level-yield method over the contractual life of the specifically identified loans, adjusted for actual prepayments. For each loan class, a loan is considered past due when a payment has not been received in accordance with the contractual terms. Loans which are more than 90 days past due, including impaired loans, and other loans in the process of foreclosure are placed on non-accrual status. Interest income previously accrued on these loans, but not yet received, is reversed in the current period. Any interest subsequently collected is credited to income in the period of recovery only after the full principal balance has been brought current. A loan is returned to accrual status when all amounts due have been received and the remaining principal balance is deemed collectible. A loan is considered impaired when it is deemed probable that the Company will not collect all amounts due according to the contractual terms of the loan agreement. The Company has defined the population of impaired loans to be all non-accrual commercial real estate, multi-family, land, construction and commercial and industrial loans in excess of $250,000. Impaired loans are individually assessed to determine that the loan’s carrying value is not in excess of the estimated fair value of the collateral or the present value of the loan’s expected future cash flows. Smaller balance homogeneous loans that are collectively evaluated for impairment, such as residential mortgage loans and consumer loans, are specifically excluded from the impaired loan portfolio, except when they are modified in a trouble debt restructuring. Loan losses are charged-off in the period the loans, or portion, thereof are deemed uncollectible, generally after the loan becomes 120 days delinquent. The Company will record a loan charge-off (including a partial charge-off) to reduce a loan to the estimated fair value of the underlying collateral, less cost to sell, if it is determined that it is probable that recovery will come primarily from the sale of the collateral. Purchased credit-impaired (PCI) loans are acquired at a discount that is due, in part, to credit quality. PCI loans are initially recorded at fair value (as determined by the present value of expected future cash flows) with no allowance for loan losses. Interest income on loans acquired at a discount is based on the acquired loans’ expected cash flows. The acquired loans may be aggregated and accounted for as a pool of loans if the loans being aggregated have common risk characteristics. A pool is accounted for as a single asset with a single composite interest rate and an aggregate expectation of cash flow. The difference between the undiscounted cash flows expected at acquisition and the investment in the loans, or the “accretable yield”, is recognized as interest income utilizing the level-yield method over the life of each pool. Increases in expected cash flows subsequent to the acquisition are recognized prospectively through adjustment of the yield on the pool over its remaining life, while decreases in expected cash flows are recognized as impairment through a loss provision and an increase in the allowance for loan losses. Therefore, the allowance for loan losses on these impaired pools reflect only losses incurred after the acquisition (representing the present value of all cash flows that were expected at acquisition but currently are not expected to be received). The Bank periodically evaluates the remaining contractual required payments due and estimates of cash flows expected to be collected. These evaluations require the continued use of key assumptions and estimates, similar to the initial estimate of fair value. Changes in the contractual required payments due and estimated cash flows expected to be collected may result in changes in the accretable yield and non-accretable difference or reclassifications between accretable yield and the non-accretable difference. For the pools with better than expected cash flows, the forecasted increase is recorded as an additional accretable yield that is recognized as a prospective increase to interest income on loans. Mortgage Loans Held-for-sale The Company regularly sells part of its mortgage loan originations in order to manage interest rate risk and liquidity. The Bank has generally sold fixed-rate mortgage loans with final maturities in excess of 15 years. In determining whether to retain mortgages, management considers the Company’s overall interest rate risk position, the volume of such loans, the loan yield and the types and amount of funding sources. The Company may also retain mortgage loan production in order to improve yields and increase balance sheet leverage. Mortgage loans held-for-sale are carried at the lower of unpaid principal balance, net, or estimated fair value on an aggregate basis. Estimated fair value is determined based on bid quotations from securities dealers. Allowance for Loan Losses The allowance for loan losses is a valuation account that reflects probable incurred losses in the loan portfolio. The adequacy of the allowance for loan losses is based on management’s evaluation of the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, estimated fair value of any underlying collateral and current economic conditions. Additions to the allowance arise from charges to operations through the provision for loan losses or from the recovery of amounts previously charged-off. The allowance is reduced by loan charge-offs. The allowance for loan losses is maintained at an amount management considers sufficient to provide for probable losses. The analysis considers known and inherent risks in the loan portfolio resulting from management’s continuing review of the factors underlying the quality of the loan portfolio. The Bank’s allowance for loan losses includes specific allowances and a general allowance, each updated on a quarterly basis. A specific allowance is determined for all non-accrual loans (excluding PCI loans) where the estimated fair value of the underlying collateral can reasonably be evaluated. For these loans, the specific allowance represents the difference between the Bank’s recorded investment in the loan, net of any interim charge-offs, and the estimated fair value of the collateral, less estimated selling costs. Acquired loans are marked to fair value on the date of acquisition. In conjunction with the quarterly evaluation of the adequacy of the allowance for loan losses, the Company performs an analysis on acquired loans to determine whether or not there has been subsequent deterioration in relation to those loans. If deterioration has occurred, the Company will include these loans in the calculation of the allowance for loan losses. If a loan becomes 90 days delinquent, the Bank obtains an updated collateral appraisal. For residential real estate loans, the appraisal is updated annually if the loan remains delinquent for an extended period. For non-accrual commercial real estate loans, the Bank assesses whether there has been an adverse change in the collateral value supporting the loan. The Bank utilizes information based on its knowledge of changes in real estate conditions in its lending area to identify whether a possible deterioration of collateral value has occurred. Based on the severity of the changes in market conditions, management determines if an updated commercial real estate appraisal is warranted or if downward adjustments to the previous appraisal are warranted. If it is determined that the deterioration of the collateral value is significant enough to warrant ordering a new appraisal, an estimate of the downward adjustments to the existing appraised value is used in assessing if additional specific reserves are necessary until the updated appraisal is received. A general allowance is determined for all loans that are not individually evaluated for a specific allowance (excluding PCI loans). In determining the level of the general allowance, the Bank segments the loan portfolio into various loan segments as follows: residential real estate; commercial real estate; consumer; and commercial and industrial. The loan portfolio is further segmented by delinquency status and risk rating (Pass, Special Mention, Substandard and Doubtful). An estimated loss factor is then applied to each risk rating tranche. To determine the loss factor, the Bank utilizes historical loss experience as a percent of loan principal adjusted for certain qualitative factors and the loss emergence period. The Bank’s historical loss experience is based on a rolling 24-month look-back period for all loan segments. This was selected based on (1) management’s judgment that this period captures sufficient loss events (in both dollar terms and number of individual events) to be relevant; and (2) that the Bank’s underwriting criteria and risk characteristics have remained relatively stable throughout this period. The historical loss experience is adjusted for certain qualitative factors including, but not limited to, (1) delinquency trends, (2) net charge-off trends, (3) nature and volume of the loan portfolio, (4) loan policies and underwriting standards, (5) experience and ability of lending personnel, (6) changes in current economic conditions, (7) concentrations of credit, (8) loan review system, and external factors such as (9) local competition and (10) regulation. The Bank considers the applicability of each of these qualitative factors in estimating the general allowance for each loan portfolio segment. Each quarter, the conditions that existed in the 24-month look-back period are compared to current conditions to support a conclusion as to which qualitative adjustments are (or are not) deemed necessary for a particular portfolio segment. The Bank calculates and analyzes the loss emergence period on an annual basis or more frequently if conditions warrant. The Bank’s methodology is to use loss events in the past 8 quarters to determine the loss emergence period for each loan segment. The loss emergence period is specific to each loan segment and determined based on (1) the occurrence of a loss event which resulted in a potential loss and (2) confirmation of the potential loss is deemed to occur when the Bank records an initial charge-off on the loan or downgrades the risk-weighting to substandard or doubtful. The adjusted loss factors are then applied to each risk rating tranche. Existing economic conditions which the Bank considered to estimate the allowance for loan losses include local and regional trends in economic growth, unemployment and real estate values. In evaluating the qualitative factors as of December 31, 2015, the Company considered the potential adverse impact of actual and proposed increases to flood insurance premiums which may stress borrowers’ ability to repay their loans or lower real estate values in certain flood prone areas; the recent recruitment of commercial lenders and the related accelerated growth in commercial real estate loans; and the Company’s recent emphasis on construction-to-permanent residential construction loans attributable to local rebuilding after the damage caused by superstorm Sandy. The Bank also maintains an unallocated portion of the allowance for loan losses. The primary purpose of the unallocated component is to account for the inherent imprecision of the overall loss estimation process including the periodic updating of appraisals, commercial loan risk ratings, and continued economic uncertainty that may not be fully captured in the Company’s loss history or the qualitative factors. Throughout 2014 and 2015, the Bank has refined and enhanced its assessment of the adequacy of the allowance by reviewing the look-back periods, updating the loss emergence periods, and enhancing the analysis of qualitative factors. These refinements have increased the level of precision in the allowance and the unallocated portion has declined substantially. Upon completion of the aforementioned procedures, an overall management review is performed including ratio analyses to identify divergent trends compared with the Bank’s own historical loss experience, the historical loss experience of the Bank’s peer group and management’s understanding of general regulatory expectations. Based on that review, management may identify issues or factors that previously had not been considered in the estimation process, which may warrant further analysis or adjustments to estimated loss factors or the allowance for loan losses. Reserve for Repurchased Loans and Loss Sharing Obligations The reserve for repurchased loans and loss sharing obligations relates to potential losses on loans sold which may have to be repurchased due to a violation of representations and warranties and an estimate of the Bank’s obligation under a loss sharing arrangement for loans sold to the Federal Home Loan Bank (“FHLB”). Provisions for losses are charged to gain on sale of loans and credited to the reserve while actual losses are charged to the reserve. The reserve represents the Company’s estimate of the total losses expected to occur and is considered to be adequate by management based upon the Company’s evaluation of the potential exposure related to the loan sale agreements over the period of repurchase risk. The reserve for repurchased loans and loss sharing obligations is included in other liabilities on the Company’s consolidated statement of financial condition. Mortgage Servicing Rights (“MSR”) The Company recognizes as a separate asset the rights to service mortgage loans, whether those rights are acquired through purchase or loan origination activities. MSR are amortized in proportion to and over the estimated period of net servicing income. The estimated fair value of MSR is determined through a discounted analysis of future cash flows, incorporating numerous assumptions including servicing income, servicing costs, market discount rates, prepayment speeds and default rates, as well as the information obtained from the Company’s recent sale of MSR. Impairment of the MSR is assessed on a quarterly basis on the estimated fair value of those rights with any impairment recognized as a component of loan servicing fee income. Impairment is measured by risk strata based on the interest rate of the underlying mortgage loans. Fees earned for servicing loans are reported as income when the related mortgage loan payments are collected. Other Real Estate Owned (“OREO”) Other real estate owned is carried at the lower of cost or estimated fair value, less estimated costs to sell. When a property is acquired, the excess of the loan balance over estimated fair value is charged to the allowance for loan losses. Operating results from other real estate owned, including rental income, operating expenses, gains and losses realized from the sales of other real estate owned and subsequent write-downs are recorded as incurred. Premises and Equipment Land is carried at cost and premises and equipment, including leasehold improvements, are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets or leases. Depreciable lives are as follows: computer equipment: 3 years; furniture, fixtures and other electronic equipment: 5 years; building improvements: 10 years; and buildings: 30 years. Repair and maintenance items are expensed and improvements are capitalized. Gains and losses on dispositions are reflected in current operations. Income Taxes The Company utilizes the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Any interest and penalties on taxes payable are included as part of the provision for income taxes. Impact of New Accounting Pronouncements In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-04, “Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40) Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”, which applies to all creditors who obtain physical possession of residential real estate property collateralizing a consumer mortgage loan in satisfaction of a receivable. The amendments in this update clarify when an in-substance repossession or foreclosure occurs and requires disclosure of both (1) the amount of foreclosed residential real estate property held by a creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure. The amendments in ASU 2014-04 were effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2014. The adoption of this standard in the first quarter of 2015 did not to have a material impact on the Company’s consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, “Business Combinations, Simplifying the Accounting for Measurement – Period Adjustments”. The amendments in this update apply to all entities that have reported provisional amounts for items in a business combination for which the accounting is incomplete by the end of the reporting period in which the combination occurs and during the measurement period have an adjustment to provisional amounts recognized. In these cases, the acquirer must record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this update are effective for fiscal years beginning after December 15, 2015 including interim periods within those fiscal years. The adoption of this update is not expected to have a material impact on the Company’s consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities”. The main objective in developing this new ASU is to enhance the reporting model for financial instruments to provide users of financial statements with more useful information. The update requires equity investments to be measured at fair value with changes in fair value recognized in net income. It simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a quantitative assessment to identify impairment. The amendment eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. It requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Financial assets and financial liabilities are to be presented separately by measurement category and the need for a valuation allowance on a deferred tax asset related to available-for-sale securities should be evaluated with other deferred tax assets. The amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The adoption of this update is not expected to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” This ASU requires all lessees to recognize a lease liability and a right-of-use asset, measured at the present value of the future minimum lease payments, at the lease commencement date. Lessor accounting remains largely unchanged under the new guidance. The guidance is effective for fiscal years beginning after December 15, 2018, including interim reporting periods within that reporting period, with early adoption permitted. A modified retrospective approach must be applied for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The company is currently assessing the impact that the guidance will have on the Company’s consolidated financial statements. Comprehensive Income Comprehensive income is comprised of net income and other comprehensive income (loss). Other comprehensive income (loss) includes items recorded directly in equity, such as unrealized gains or losses on securities available-for-sale and accretion of unrealized loss on securities reclassified to held-to-maturity. Bank Owned Life Insurance (“BOLI”) Bank Owned Life Insurance is accounted for using the cash surrender value method and is recorded at its realizable value. The Company’s BOLI is invested in a separate account insurance product which is invested in a fixed income portfolio. The separate account includes stable value protection which maintains realizable value at book value with investment gains and losses amortized over future periods. The change in the net asset value is included in other non-interest income. Intangible Assets Intangible assets resulting from acquisitions under the acquisition method of accounting consist of goodwill and core deposit intangible. Goodwill is not amortized and is subject to an annual assessment for impairment. The goodwill impairment analysis is generally a two-step test. However, the Company may first assess qualitative factors to determine whether it is necessary to perform the two-step quantitative goodwill impairment test. The Company is not required to calculate fair value, if, based on a qualitative assessment it is determined that it was more likely than not that fair value was not less than its carrying amount. If the carrying value of goodwill exceeds its estimated fair value, a second step in the analysis is performed to determine the amount of impairment, if any. The second step compares the implied fair value of the goodwill with the carrying amount of that goodwill. If the carrying value exceeds the implied fair value of the goodwill, an impairment charge is recorded equal to the excess amount in the current period earnings. As of December 31, 2015, the carrying value of goodwill totaled $1.8 million, all of which was recorded as part of the Colonial acquisition on July 31, 2015. The Company will test goodwill for impairment annually or more frequently if an event occurs or circumstances change that would indicate the fair value is below its carrying amount. No events have occurred and no circumstances have changed since the Colonial acquisition that would indicate the fair value is below its carrying amount. Core deposit premiums represent the intangible value of depositor relationships assumed in purchase acquisitions and are amortized on an accelerated basis over 10 years. The Company periodically evaluates the value of core deposit premiums to ensure the carrying amount exceeds it implied fair value. Segment Reporting As a community-oriented financial institution, substantially all of the Bank’s operations involve the delivery of loan and deposit products to customers. The Bank makes operating decisions and assesses performance based on an ongoing review of these community banking operations, which constitute the only operating segment for financial reporting purposes. Earnings Per Share Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding. Diluted earnings per share is calculated by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding plus potential common stock, utilizing the treasury stock method. All share amounts exclude unallocated shares of stock held by the Employee Stock Ownership Plan (“ESOP”) and the Incentive Plan.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Regulatory Matters	(2) Regulatory Matters Applicable regulations require the Bank to maintain minimum levels of regulatory capital. Under the regulations in effect at December 31, 2015, the Bank was required to maintain a minimum ratio of Tier 1 capital to total adjusted assets of 4.0%; a minimum ratio of common equity Tier 1 to risk-weighted assets of 4.5%; a minimum ratio of Tier 1 capital to risk weighted assets of 6.0%; and, a minimum ratio of total (core and supplementary) capital to risk-weighted assets of 8.0%. Under the regulatory framework for prompt corrective action, Federal regulators are required to take certain supervisory actions (and may take additional discretionary actions) with respect to an undercapitalized institution. Such actions could have a direct material effect on the institution’s financial statements. The regulations establish a framework for the classification of banking institutions into five categories: well-capitalized, adequately capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized. Generally an institution is considered well-capitalized if it has a Tier 1 capital ratio of 5.0%; a common equity Tier1 risk-based ratio of at least 6.5%; a Tier 1 risk-based ratio of at least 8.0%; and a total risk-based capital ratio of at least 10.0%. At December 31, 2015 and 2014, the Bank was considered well-capitalized. The following is a summary of the Bank’s regulatory capital amounts and ratios as of December 31, 2015 and 2014 compared to the regulatory minimum capital adequacy requirements and the regulatory requirements for classification as a well-capitalized institution then in effect (in thousands). The Bank was not subject to the common equity Tier 1 capital requirement at December 31, 2014. Actual For capital adequacy purposes To be well-capitalized As of December 31, 2015 Amount Ratio Amount Ratio Amount Ratio Tier 1 capital (to average assets) $ 229,306 8.91 % $ 102,935 4.00 % $ 128,669 5.00 % Common equity Tier 1 (to risk-weighted assets) 229,306 12.72 81,114 4.50 117,165 6.50 Tier 1 capital (to risk-weighted assets) 229,306 12.72 108,152 6.00 144,203 8.00 Total capital (to risk-weighted assets) 246,106 13.65 144,203 8.00 180,253 10.00 Actual For capital adequacy purposes To be well-capitalized As of December 31, 2014 Amount Ratio Amount Ratio Amount Ratio Tier 1 capital (to average assets) $ 223,573 9.46 % $ 94,573 4.00 % $ 118,217 5.00 % Tier 1 capital (to risk-weighted assets) 223,573 14.05 63,663 4.00 95,494 6.00 Total capital (to risk-weighted assets) 239,940 15.08 127,325 8.00 159,157 10.00 The following is a summary of the consolidated Company’s regulatory capital amounts and ratios as of December 31, 2015 compared to the regulatory minimum capital adequacy requirements and the regulatory requirements for classification as a well-capitalized institution (in thousands). The Company was not subject to regulatory capital requirements at December 31, 2014. Actual For capital adequacy purposes To be well-capitalized As of December 31, 2015 Amount Ratio Amount Ratio Amount Ratio Tier 1 capital (to average assets) $ 250,324 9.72 % $ 102,984 4.00 % $ 128,730 5.00 % Common equity Tier 1 (to risk-weighted assets) 241,856 13.40 81,234 4.50 117,338 6.50 Tier 1 capital (to risk-weighted assets) 250,324 13.87 108,312 6.00 144,416 8.00 Total capital (to risk-weighted assets) 267,124 14.80 144,416 8.00 180,520 10.00 Applicable regulations impose limitations upon all capital distributions by the Bank, such as dividends and payments to repurchase or otherwise acquire shares. The Bank may not declare or pay cash dividends on or repurchase any of its shares of common stock if the effect thereof would cause stockholders’ equity to be reduced below applicable regulatory capital maintenance requirements or if such declaration and payment would otherwise violate regulatory requirements.

Business Combination

Business Combination	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Business Combination	(3) Business Combination On July 31, 2015, the Company completed its acquisition of Colonial American Bank (“Colonial”), which after purchase accounting adjustments added $142.4 million to assets, $121.5 million to loans, and $123.3 million to deposits. Total consideration paid for Colonial was $11.9 million, including cash consideration of $127,000 for outstanding warrants and for fractional shares. Colonial was merged with and into the Company’s subsidiary, OceanFirst Bank, as of the close of business on the date of acquisition. The acquisition was accounted for under the acquisition method of accounting. Under this method of accounting, the purchase price has been allocated to the respective assets acquired and liabilities assumed based upon their estimated fair values, net of tax. The excess of consideration paid over the estimated fair value of the net assets acquired has been recorded as goodwill. The following table summarizes the estimated fair values of the assets acquired and the liabilities assumed at the date of the acquisition for Colonial, net of total consideration paid (in thousands): At July 31, 2015 Colonial Book Value Purchase Accounting Estimated Fair Value Assets acquired: Securities $ 6,758 $ — $ 6,758 Loans 125,063 (3,597 )(1) 121,466 Allowance for loan losses (1,578 ) 1,578 — Other real estate owned 405 (148 ) 257 Deferred tax asset – recognition of net operating loss carryforward — 2,292 2,292 – relating to purchase accounting adjustments — 935 935 Other assets 8,823 (230 ) 8,593 Core deposit intangible — 277 277 Goodwill — 1,822 1,822 Total assets acquired 139,471 2,929 142,400 Liabilities assumed: Deposits 123,103 243 123,346 Federal Home Loan Bank advances 6,800 — 6,800 Other liabilities 309 — 309 Total liabilities assumed 130,212 243 130,455 Net assets acquired $ 9,259 $ 2,686 $ 11,945 (1) Includes a general credit fair value deduction of $1.7 million; a fair value deduction on credit-impaired loans of $1.2 million; an interest rate fair value benefit of $980,000; and further credited by the write-off of Colonial’s capitalized loan origination costs of $1.7 million. The calculation of goodwill is subject to change for up to one year after the date of acquisition as additional information relative to the closing date estimates and uncertainties become available. As the Company finalizes its review of the acquired assets and assumed liabilities, certain adjustments to the recorded carrying values may be required. Fair Value Measurement of Assets Acquired and Liabilities Assumed The methods used to determine the fair value of the assets acquired and liabilities assumed in the Colonial acquisition were as follows. Refer to Note 17, Fair Value Measurements, for a discussion of the fair value hierarchy. Securities The estimated fair values of the securities were calculated utilizing Level 2 inputs. The securities acquired are bought and sold in active markets. Prices for these instruments were obtained through security industry sources that actively participate in the buying and selling of securities. Loans The acquired loan portfolio was valued utilizing Level 3 inputs and included the use of present value techniques employing cash flow estimates and incorporated assumptions that marketplace participants would use in estimating fair values. In instances where reliable market information was not available, the Company used its own assumptions in an effort to determine reasonable fair value. Specifically, the Company utilized three separate fair value analyses which a market participant would employ in estimating the total fair value adjustment. The three separate fair valuation methodologies used were: 1) interest rate loan fair value analysis; 2) general credit fair value adjustment; and 3) specific credit fair value adjustment. To prepare the interest rate fair value analysis, loans were grouped by characteristics such as loan type, term, collateral and rate. Market rates for similar loans were obtained from various external data sources and reviewed by Company management for reasonableness. The average of these rates was used as the fair value interest rate a market participant would utilize. A present value approach was utilized to calculate the interest rate fair value adjustment. The general credit fair value adjustment was calculated using a two part general credit fair value analysis: 1) expected lifetime losses and 2) estimated fair value adjustment for qualitative factors. The expected lifetime losses were calculated using an average of historical losses of the Company, the acquired bank and peer banks. The adjustment related to qualitative factors was impacted by general economic conditions and the risk related to lack of experience with the originator’s underwriting process. To calculate the specific credit fair value adjustment the Company reviewed the acquired loan portfolio for loans meeting the definition of an impaired loan with deteriorated credit quality. Loans meeting this criteria were reviewed by comparing the contractual cash flows to expected collectible cash flows. The aggregate expected cash flows less the acquisition date fair value resulted in an accretable yield amount which will be recognized over the life of the loans on a level yield basis as an adjustment to yield. Deposits and Core Deposit Premium Core deposit premium represents the value assigned to non-interest bearing demand deposits, interest-bearing checking, money market and saving accounts assumed as part of the acquisition. The core deposit premium value represents the future economic benefit, including the present value of future tax benefits, of the potential cost saving from assuming the core deposits as part of an acquisition compared to the cost of alternative funding sources and is valued utilizing Level 2 inputs. Time deposits are not considered to be core deposits as they are assumed to have a low expected average life upon acquisition. The fair value of time deposits represents the present value of the expected contractual payments discounted by market rates for similar time deposits and is valued utilizing Level 2 inputs. Federal Home Loan Bank advances These borrowings were short term in nature and no fair value adjustments were necessary. Also, refer to note 19, Subsequent Event, for further discussion of acquisitions.

Securities

Securities	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Securities	(4) Securities The amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at December 31, 2015 and 2014 are as follows (in thousands): At December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available-for-sale: Investment securities: U.S. agency obligations $ 29,906 $ 23 $ (27 ) $ 29,902 Held-to-maturity: Investment securities: U.S. agency obligations $ 55,178 $ 87 $ (59 ) $ 55,206 State and municipal obligations 13,311 18 (3 ) 13,326 Corporate debt securities 56,000 — (8,527 ) 47,473 Total investment securities 124,489 105 (8,589 ) 116,005 Mortgage-backed securities: FHLMC 120,116 364 (1,489 ) 118,991 FNMA 160,254 3,039 (1,123 ) 162,170 GNMA 502 95 — 597 Total mortgage-backed securities 280,872 3,498 (2,612 ) 281,758 Total held-to-maturity $ 405,361 $ 3,603 $ (11,201 ) $ 397,763 Total securities $ 435,267 $ 3,626 $ (11,228 ) $ 427,665 At December 31, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available-for-sale: Investment securities: U.S. agency obligations $ 19,900 $ — $ (96 ) $ 19,804 Held-to-maturity: Investment securities: U.S. agency obligations $ 86,394 $ 97 $ (50 ) $ 86,441 State and municipal obligations 13,829 25 (8 ) 13,846 Corporate debt securities 55,000 — (9,750 ) 45,250 Total investment securities 155,223 122 (9,808 ) 145,537 Mortgage-backed securities: FHLMC 141,494 609 (1,659 ) 140,444 FNMA 184,003 4,674 (1,182 ) 187,495 GNMA 620 119 — 739 Total mortgage-backed securities 326,117 5,402 (2,841 ) 328,678 Total held-to-maturity $ 481,340 $ 5,524 $ (12,649 ) $ 474,215 Total securities $ 501,240 $ 5,524 $ (12,745 ) $ 494,019 The carrying value of the held-to-maturity investment securities at December 31, 2015 and 2014 are as follows (in thousands): December 31, 2015 2014 Amortized cost $ 405,361 $ 481,340 Net loss on date of transfer from available-for-sale (13,347 ) (13,347 ) Accretion of unrealized loss on securities reclassified to held-to-maturity 2,799 1,424 Carrying value $ 394,813 $ 469,417 Realized gains on the sale of securities were $0, $1.0 million, and $46,000 for the years ended December 31, 2015, 2014 and 2013, respectively. There were no realized losses during 2015, 2014 and 2013 on the sale of securities. The amortized cost and estimated fair value of investment securities at December 31, 2015 by contractual maturity, are shown below (in thousands). Actual maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. At December 31, 2015, corporate debt securities with an amortized cost and estimated fair value of $56.0 million and $47.5 million, respectively, were callable prior to the maturity date. December 31, 2015 Amortized Cost Estimated Fair Value Less than one year $ 40,925 $ 40,880 Due after one year through five years 54,280 54,360 Due after five years through ten years 4,190 4,194 Due after ten years 55,000 46,473 $ 154,395 $ 145,907 Mortgage-backed securities are excluded from the above table since their effective lives are expected to be shorter than the contractual maturity date due to principal prepayments. The estimated fair value of securities pledged as required security for deposits and for other purposes required by law amounted to $317.9 million and $360.4 million, at December 31, 2015 and 2014, respectively. The estimated fair value of securities pledged as collateral for reverse repurchase agreements amounted to $83.2 million and $70.9 million, at December 31, 2015 and 2014, respectively. The estimated fair value and unrealized loss for securities available-for-sale and held-to-maturity at December 31, 2015 and December 31, 2014, segregated by the duration of the unrealized loss, are as follows (in thousands): At December 31, 2015 Less than 12 months 12 months or longer Total Estimated Fair Value Unrealized Losses Estimated Fair Value Unrealized Losses Estimated Fair Value Unrealized Losses Available-for-sale: Investment securities: U.S. agency obligations $ 14,937 $ (27 ) $ — $ — $ 14,937 $ (27 ) Held-to-maturity: Investment securities: U.S. agency obligations 30,175 (43 ) 5,023 (16 ) 35,198 (59 ) State and municipal obligations 2,857 (2 ) 639 (1 ) 3,496 (3 ) Corporate debt securities — — 46,473 (8,527 ) 46,473 (8,527 ) Total investment securities 33,032 (45 ) 52,135 (8,544 ) 85,167 (8,589 ) Mortgage-backed securities: FHLMC 35,816 (200 ) 53,604 (1,289 ) 89,420 (1,489 ) FNMA 44,004 (434 ) 23,318 (689 ) 67,322 (1,123 ) Total mortgage-backed securities 79,820 (634 ) 76,922 (1,978 ) 156,742 (2,612 ) Total held-to-maturity 112,852 (679 ) 129,057 (10,522 ) 241,909 (11,201 ) Total securities $ 127,789 $ (706 ) $ 129,057 $ (10,522 ) $ 256,846 $ (11,228 ) At December 31, 2014 Less than 12 months 12 months or longer Total Estimated Fair Value Unrealized Losses Estimated Fair Value Unrealized Losses Estimated Fair Value Unrealized Losses Available-for-sale: Investment securities: U.S. agency obligations $ 19,804 $ (96 ) $ — $ — $ 19,804 $ (96 ) Held-to-maturity: Investment securities: U.S. agency obligations 15,134 (9 ) 25,409 (41 ) 40,543 (50 ) State and municipal obligations 947 (1 ) 1,827 (7 ) 2,774 (8 ) Corporate debt securities — — 45,250 (9,750 ) 45,250 (9,750 ) Total investment securities 16,081 (10 ) 72,486 (9,798 ) 88,567 (9,808 ) Mortgage-backed securities: FHLMC 9,155 (34 ) 96,975 (1,625 ) 106,130 (1,659 ) FNMA — — 64,932 (1,182 ) 64,932 (1,182 ) Total mortgage-backed securities 9,155 (34 ) 161,907 (2,807 ) 171,062 (2,841 ) Total held-to-maturity 25,236 (44 ) 234,393 (12,605 ) 259,629 (12,649 ) Total securities $ 45,040 $ (140 ) $ 234,393 $ (12,605 ) $ 279,433 $ (12,745 ) At December 31, 2015, the amortized cost, estimated fair value and credit rating of the individual corporate debt securities in an unrealized loss position for greater than one year are as follows (in thousands): Security Description Amortized Cost Estimated Fair Value Credit Moody’s/ BankAmerica Capital $ 15,000 $ 12,675 Ba1/BB+ Chase Capital 10,000 8,550 Baa2/BBB- Wells Fargo Capital 5,000 4,326 A1/BBB+ Huntington Capital 5,000 4,100 Baa2/BB Keycorp Capital 5,000 4,100 Baa2/BB+ PNC Capital 5,000 4,400 Baa1/BBB- State Street Capital 5,000 4,293 A3/BBB SunTrust Capital 5,000 4,029 Baa3/BB+ $ 55,000 $ 46,473 At December 31, 2015, the estimated fair value of each of the above corporate debt securities was below cost. However, the total estimated fair value of the corporate debt securities has steadily increased over the past several years. The corporate debt securities are issued by other financial institutions with credit ratings ranging from a high of A3 to a low of Ba1 as rated by one of the internationally-recognized credit rating services. These floating-rate securities were purchased in 1998 and have paid coupon interest continuously since issuance. Floating-rate debt securities such as these pay a fixed interest rate spread over 90-day LIBOR. Following the purchase of these securities, the required credit spread increased for these types of securities causing a decline in the market price. The Company concluded that unrealized losses on corporate debt securities were only temporarily impaired at December 31, 2015. In concluding that the impairments were only temporary, the Company considered several factors in its analysis. The Company noted that each issuer made all the contractually due payments when required. There were no defaults on principal or interest payments and no interest payments were deferred. All of the financial institutions were also considered well-capitalized. Credit spreads have now decreased for these types of securities and market prices have improved. Based on management’s analysis of each individual security, the issuers appear to have the ability to meet debt service requirements over the life of the security. Furthermore, the Company does not have the intent to sell these corporate debt securities and it is more likely than not that the Company will not be required to sell the securities. The Company has held the securities continuously since 1998 and expects to receive its full principal at maturity in 2028 or prior if called by the issuer. Historically, the Company has not utilized security sales as a source of liquidity. The Company’s long range liquidity plans indicate adequate sources of liquidity outside the securities portfolio. The mortgage-backed securities are issued and guaranteed by either the FHLMC or FNMA corporations which are chartered by the United States government and whose debt obligations are typically rated AA+ by one of the internationally-recognized credit rating services. The Company considers the unrealized losses to be the result of changes in interest rates which over time can have both a positive or negative impact on the estimated fair value of the mortgage-backed securities. The Company does not intend to sell these securities and it is more likely than not that the Company will not be required to sell the securities before recovery of their amortized cost. As a result, the Company concluded that these securities were only temporarily impaired at December 31, 2015.

Loans Receivable, Net

Loans Receivable, Net	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans Receivable, Net	(5) Loans Receivable, Net A summary of loans receivable at December 31, 2015 and 2014 follows (in thousands): December 31, 2015 2014 Real estate mortgage: One-to-four family $ 791,249 $ 737,889 Commercial real estate, multi-family and land 818,234 649,951 Residential construction 50,757 47,552 1,660,240 1,435,392 Consumer 193,160 199,349 Commercial and industrial 144,538 83,946 Total loans 1,997,938 1,718,687 Purchased credit-impaired (“PCI”) loans 461 — Loans in process (14,206 ) (16,731 ) Deferred origination costs, net 3,232 3,207 Allowance for loan losses (16,722 ) (16,317 ) (27,235 ) (29,841 ) Loans receivable, net $ 1,970,703 $ 1,688,846 The Bank’s eligible mortgage loans are pledged to secure FHLB advances. At December 31, 2015, 2014 and 2013, loans in the amount of $18.3 million, $18.3 million, and $45.4 million, respectively, were three or more months delinquent or in the process of foreclosure and the Company was not accruing interest income on these loans and has reversed previously accrued interest. There were no loans ninety days or greater past due and still accruing interest. Non-accrual loans include both smaller balance homogenous loans that are collectively evaluated for impairment and individually classified impaired loans. The recorded investment in mortgage and consumer loans collateralized by residential real estate which are in the process of foreclosure amounted to $2.0 million, at December 31, 2015. The amount of foreclosed residential real estate property held by the Company was $1.8 million at December 31, 2015. The Company defines an impaired loan as all non-accrual commercial real estate, multi-family, land, construction and commercial and industrial loans in excess of $250,000. Impaired loans also include all loans modified as troubled debt restructurings. At December 31, 2015, the impaired loan portfolio totaled $38.4 million, for which there was a specific allocation in the allowance for loan losses of $1.3 million. At December 31, 2014, the impaired loan portfolio totaled $37.0 million, for which there was a specific allocation in the allowance for loan losses of $2.2 million. The average balance of impaired loans for the years ended December 31, 2015, 2014 and 2013 was $41.5 million, $41.0 million, and $38.6 million, respectively. If interest income on non-accrual loans and impaired loans had been current in accordance with their original terms, approximately $848,000, $1.6 million, and $2.5 million of interest income for the years ended December 31, 2015, 2014 and 2013, respectively, would have been recorded. At December 31, 2015, there were no commitments to lend additional funds to borrowers whose loans are in non-accrual status. An analysis of the allowance for loan losses for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Balance at beginning of year $ 16,317 $ 20,930 $ 20,510 Provision charged to operations 1,275 2,630 2,800 Charge-offs (1,135 ) (7,827 ) (3,521 ) Recoveries 265 584 1,141 Balance at end of year $ 16,722 $ 16,317 $ 20,930 The following table presents an analysis of the allowance for loan losses for the years ended December 31, 2015 and 2014, the balance in the allowance for loan loses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2015 and 2014 excluding PCI loans (in thousands): Residential Real Estate Commercial Real Estate Consumer Commercial and Industrial Unallocated Total For the year ended December 31, 2015 Allowance for loan losses: Balance at beginning of year $ 4,291 $ 8,935 $ 1,146 $ 863 $ 1,082 $ 16,317 Provision (benefit) charged to operations 2,465 (1,696 ) 529 826 (849 ) 1,275 Charge-offs (295 ) (103 ) (678 ) (59 ) — (1,135 ) Recoveries 129 29 98 9 — 265 Balance at end of year $ 6,590 $ 7,165 $ 1,095 $ 1,639 $ 233 $ 16,722 For the year ended December 31, 2014 Allowance for loan losses: Balance at beginning of year $ 4,859 $ 10,371 $ 1,360 $ 1,383 $ 2,957 $ 20,930 Provision (benefit) charged to operations 5,862 (1,122 ) 211 (446 ) (1,875 ) 2,630 Charge-offs (6,955 ) (323 ) (471 ) (78 ) — (7,827 ) Recoveries 525 9 46 4 — 584 Balance at end of year $ 4,291 $ 8,935 $ 1,146 $ 863 $ 1,082 $ 16,317 December 31, 2015 Allowance for loan losses: Ending allowance balance attributed to loans: Individually evaluated for impairment $ 31 $ 831 $ 43 $ 434 $ — $ 1,339 Collectively evaluated for impairment 6,559 6,334 1,052 1,205 233 15,383 Total ending allowance balance $ 6,590 $ 7,165 $ 1,095 $ 1,639 $ 233 $ 16,722 Loans: Loans individually evaluated for impairment $ 13,165 $ 21,650 $ 2,307 $ 1,250 $ — $ 38,372 Loans collectively evaluated for impairment 828,841 796,584 190,853 143,288 — 1,959,566 Total ending loan balance $ 842,006 $ 818,234 $ 193,160 $ 144,538 $ — $ 1,997,938 December 31, 2014 Allowance for loan losses: Ending allowance balance attributed to loans: Individually evaluated for impairment $ 88 $ 1,741 $ 332 $ — $ — $ 2,161 Collectively evaluated for impairment 4,203 7,194 814 863 1,082 14,156 Total ending allowance balance $ 4,291 $ 8,935 $ 1,146 $ 863 $ 1,082 $ 16,317 Loans: Loans individually evaluated for impairment $ 12,879 $ 21,165 $ 2,221 $ 714 $ — $ 36,979 Loans collectively evaluated for impairment 772,562 628,786 197,128 83,232 — 1,681,708 Total ending loan balance $ 785,441 $ 649,951 $ 199,349 $ 83,946 $ — $ 1,718,687 A summary of impaired loans at December 31, 2015 and 2014 is as follows, excluding PCI loans (in thousands): December 31, 2015 2014 Year-end impaired loans with no allocated allowance for loan losses $ 35,177 $ 26,487 Year-end impaired loans with allocated allowance for loan losses 3,195 10,492 $ 38,372 $ 36,979 Amount of the allowance for loan losses allocated $ 1,339 $ 2,161 At December 31, 2015, impaired loans include troubled debt restructuring loans of $31.3 million, of which $26.3 million were performing in accordance with their restructured terms and were accruing interest. At December 31, 2014, impaired loans include troubled debt restructuring loans of $23.5 million of which $21.5 million were performing in accordance with their restructured terms and were accruing interest. The summary of loans individually evaluated for impairment by loan portfolio segment as of December 31, 2015 and 2014 and for the years ended December 31, 2015 and 2014 follows, excluding PCI loans (in thousands): Unpaid Principal Balance Recorded Investment Allowance for As of December 31, 2015 With no related allowance recorded: Residential real estate $ 13,431 $ 13,056 $ — Commercial real estate 19,240 19,154 Consumer 2,577 2,264 — Commercial and industrial 703 703 — $ 35,951 $ 35,177 $ — With an allowance recorded: Residential real estate $ 109 $ 109 $ 31 Commercial real estate 2,447 2,496 831 Consumer 81 43 43 Commercial and industrial 547 547 434 $ 3,184 $ 3,195 $ 1,339 Unpaid Principal Balance Recorded Investment Allowance for As of December 31, 2014 With no related allowance recorded: Residential real estate $ 12,351 $ 11,931 $ — Commercial real estate 12,174 12,142 — Consumer 2,243 1,700 — Commercial and industrial 714 714 — $ 27,482 $ 26,487 $ — With an allowance recorded: Residential real estate $ 948 $ 948 $ 88 Commercial real estate 9,023 9,023 1,741 Consumer 521 521 332 Commercial and industrial — — — $ 10,492 $ 10,492 $ 2,161 For the years ended of December 31, 2015 2014 Average Interest Average Investment Interest Income With no related allowance recorded: Residential real estate $ 12,844 $ 585 $ 16,253 $ 662 Commercial real estate 16,328 462 11,472 384 Consumer 2,183 123 1,982 96 Commercial and industrial 705 8 386 10 $ 32,060 $ 1,178 $ 30,093 $ 1,152 With an allowance recorded: Residential real estate $ 110 $ 3 $ 990 $ 59 Commercial real estate 8,956 10 9,348 77 Consumer 42 2 592 48 Commercial and industrial 365 2 — — $ 9,473 $ 17 $ 10,930 $ 184 The following table presents the recorded investment in non-accrual loans by loan portfolio segment as of December 31, 2015 and 2014, excluding PCI loans (in thousands). December 31, 2015 2014 Residential real estate $ 5,779 $ 3,115 Commercial real estate 10,796 12,758 Consumer 1,576 1,877 Commercial and industrial 123 557 $ 18,274 $ 18,307 The following table presents the aging of the recorded investment in past due loans as of December 31, 2015 and 2014 by loan portfolio segment, excluding PCI loans (in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater 90 Days Past Due Total Past Due Loans Not Past Due Total December 31, 2015 Residential real estate $ 4,075 $ 2,716 $ 3,168 $ 9,959 $ 832,047 $ 842,006 Commercial real estate 297 1,208 10,333 11,838 806,396 818,234 Consumer 1,661 115 1,248 3,024 190,136 193,160 Commercial and industrial 8 — 360 368 144,170 144,538 $ 6,041 $ 4,039 $ 15,109 $ 25,189 $ 1,972,749 $ 1,997,938 December 31, 2014 Residential real estate $ 7,365 $ 1,695 $ 1,619 $ 10,679 $ 774,762 $ 785,441 Commercial real estate 119 — 12,758 12,877 637,074 649,951 Consumer 845 232 1,833 2,910 196,439 199,349 Commercial and industrial — — 557 557 83,389 83,946 $ 8,329 $ 1,927 $ 16,767 $ 27,023 $ 1,691,664 $ 1,718,687 The Company categorizes all commercial and industrial, and commercial real estate loans, except for small business loans, into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation and current economic trends, among other factors. This analysis is performed on a quarterly basis. The Company uses the following definitions for risk ratings: Special Mention. Loans classified as Special Mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the Bank’s credit position at some future date. Substandard. Loans classified as Substandard are inadequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Doubtful. Loans classified as Doubtful have all the weaknesses inherent in those classified as Substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be Pass rated loans. Loans not rated are included in groups of homogeneous loans. As of December 31, 2015 and 2014, and based on the most recent analysis performed, the risk category of loans by loan portfolio segment is as follows, excluding PCI loans (in thousands): Pass Special Substandard Doubtful Total December 31, 2015 Commercial real estate $ 783,365 $ 12,070 $ 22,799 $ — $ 818,234 Commercial and industrial 142,387 787 1,364 — 144,538 $ 925,752 $ 12,857 $ 24,163 $ — $ 962,772 December 31, 2014 Commercial real estate $ 611,987 $ 12,684 $ 25,280 $ — $ 649,951 Commercial and industrial 82,693 173 1,080 — 83,946 $ 694,680 $ 12,857 $ 26,360 $ — $ 733,897 For residential and consumer loan classes, the Company evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the recorded investment in residential and consumer loans based on payment activity as of December 31, 2015 and 2014, excluding PCI loans (in thousands): Residential Real Estate Residential Consumer December 31, 2015 Performing $ 836,227 $ 191,584 Non-performing 5,779 1,576 $ 842,006 $ 193,160 December 31, 2014 Performing $ 782,326 $ 197,472 Non-performing 3,115 1,877 $ 785,441 $ 199,349 The Company classifies certain loans as troubled debt restructurings (“TDR”) when credit terms to a borrower in financial difficulty are modified. The modifications may include a reduction in rate, an extension in term and/or the capitalization of past due amounts. One-to-four family and consumer loans where the borrower’s debt is discharged in a bankruptcy filing are also considered troubled debt restructurings. For these loans, the Bank retains its security interest in the real estate collateral. Included in the non-accrual loan total at December 31, 2015, 2014 and 2013 were $4.9 million, $2.0 million, and $9.7 million, respectively, of troubled debt restructurings. At December 31, 2015, 2014 and 2013, the Company has allocated $262,000, $419,000, and $1.8 million, respectively, of specific reserves to loans which are classified as troubled debt restructurings. Non-accrual loans which become troubled debt restructurings are generally returned to accrual status after six months of performance. In addition to the troubled debt restructurings included in non-accrual loans, the Company also has loans classified as troubled debt restructuring which are accruing at December 31, 2015, 2014 and 2013 which totaled $26.3 million, $21.5 million, and $21.5 million, respectively. In the second quarter of 2015, the Bank restructured a commercial real estate loan with an outstanding balance of $3.9 million by extending the term and lowering the monthly repayment amount. The interest rate was unchanged. All troubled debt restructurings, regardless of payment status, are considered impaired loans and are individually evaluated as part of the determination of the allowance for loan losses. The following table presents information about troubled debt restructurings which occurred during the years ended December 31, 2015 and 2014, and troubled debt restructurings modified within the previous year and which defaulted during the years ended December 31, 2015 and 2014 (dollars in thousands): Number Pre-modification Recorded Investment Post-modification Recorded Investment Year ended December 31, 2015 Troubled Debt Restructurings: Residential real estate 5 $ 2,029 $ 1,966 Commercial real estate 4 6,095 6,007 Consumer 9 599 547 Number Recorded Investment Troubled Debt Restructurings Which Subsequently Defaulted None None Number Pre-modification Recorded Investment Post-modification Recorded Investment Year ended December 31, 2014 Troubled Debt Restructurings: Residential real estate 10 $ 2,313 $ 1,901 Consumer 10 234 178 Number Recorded Investment Troubled Debt Restructurings Which Subsequently Defaulted Consumer 1 $ 40 As part of the Colonial acquisition PCI loans were acquired at a discount primarily due to deteriorated credit quality. PCI loans are accounted for at fair value, based upon the present value of expected future cash flows, with no related allowance for loan losses. The following table presents information regarding the estimates of the contractually required payments, the cash flows expected to be collected and the estimated fair value of the PCI loans acquired from Colonial at July 31, 2015 (in thousands): July 31, 2015 Contractually required principal and interest $ 1,610 Contractual cash flows not expected to be collected (non-accretable discount) (1,049 ) Expected cash flows to be collected at acquisition 561 Interest component of expected cash flows (accretable yield) (91 ) Fair value of acquired loans $ 470 The following table summarizes the changes in accretable yield for PCI loans during the year ended December 31, 2015 (in thousands): For the year ended December 31, 2015 Beginning balance $ — Acquisition 91 Accretion (16 ) Reclassification from non-accretable difference — Ending balance $ 75

Servicing Asset

Servicing Asset	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
Servicing Asset	(6) Servicing Asset An analysis of the servicing asset for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Balance at beginning of year $ 701 $ 4,178 $ 4,568 Acquired 214 — — Capitalized mortgage servicing rights — 286 995 Amortization (245 ) (1,016 ) (1,385 ) Mortgage servicing rights sold (81 ) (2,747 ) — Balance at end of year $ 589 $ 701 $ 4,178 Loans serviced for others amounted to $158.2 million and $197.8 million at December 31, 2015 and 2014, respectively, all of which relate to residential loans. At December 31, 2015, the servicing asset had an estimated fair value of $1.1 million and was valued based on expected future cash flows, considering a weighted average discount rate of 10.0%, a weighted average constant prepayment rate on mortgages of 10.1% and a weighted average life of 8.2 years. At December 31, 2014, the servicing asset had an estimated fair value of $1.1 million and was valued based on expected future cash flows considering a weighted average discount rate of 9.7%, a weighted average constant prepayment rate on mortgages of 11.9% and a weighted average life of 7.3 years. As of December 31, 2015, estimated future servicing amortization through 2020 based on the prepayment assumptions utilized in the December 31, 2015 valuation, is as follows: $149,000 for 2016, $83,000 for 2017, $57,000 for 2018, $42,000 for 2019 and $31,000 for 2020. Actual results will vary depending upon the level of repayments on the loans currently serviced.

Interest and Dividends Receivab

Interest and Dividends Receivable	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Interest and Dividends Receivable	(7) Interest and Dividends Receivable A summary of interest and dividends receivable at December 31, 2015 and 2014 follows (in thousands): December 31, 2015 2014 Loans $ 4,844 $ 4,199 Investment securities 442 634 Mortgage-backed securities 574 673 $ 5,860 $ 5,506

Premises and Equipment, Net

Premises and Equipment, Net	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Premises and Equipment, Net	(8) Premises and Equipment, Net Premises and equipment at December 31, 2015 and 2014 are summarized as follows (in thousands): December 31, 2015 2014 Land $ 5,124 $ 5,124 Buildings and improvements 29,241 27,372 Leasehold improvements 6,338 2,487 Furniture and equipment 27,770 23,672 Automobiles 628 451 Construction in progress 430 1,667 Total 69,531 60,773 Accumulated depreciation and amortization (41,112 ) (36,035 ) $ 28,419 $ 24,738

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Deposits	(9) Deposits Deposits, including accrued interest payable of $31,000 and $6,000 at December 31, 2015 and 2014, respectively, are summarized as follows (in thousands): December 31, 2015 2014 Amount Weighted Amount Weighted Non-interest-bearing accounts $ 337,143 — % $ 279,944 — % Interest-bearing checking accounts 859,927 0.12 836,120 0.09 Money market deposit accounts 153,196 0.23 95,663 0.06 Savings accounts 310,989 0.03 301,190 0.03 Time deposits 255,423 1.39 207,218 1.45 Total deposits $ 1,916,678 0.26 % $ 1,720,135 0.23 % Included in time deposits at December 31, 2015 and 2014, respectively, is $119.6 million and $64.4 million in deposits of $100,000 and over. Time deposits at December 31, 2015 mature as follows (in thousands): Year Ended December 31, 2016 $ 138,427 2017 34,446 2018 23,779 2019 37,557 2020 20,216 Thereafter 998 $ 255,423 Interest expense on deposits for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Interest-bearing checking accounts $ 952 $ 925 $ 1,408 Money market deposit accounts 187 92 165 Savings accounts 102 112 187 Time deposits 3,060 2,974 2,949 $ 4,301 $ 4,103 $ 4,709

Borrowed Funds

Borrowed Funds	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Borrowed Funds	(10) Borrowed Funds Borrowed funds are summarized as follows (in thousands): December 31, 2015 2014 Amount Weighted Amount Weighted Federal Home Loan Bank advances $ 324,385 1.41 % $ 305,238 1.18 % Securities sold under agreements to repurchase 75,872 0.14 67,812 0.12 Other borrowings 22,500 2.00 27,500 2.75 $ 422,757 1.21 % $ 400,550 1.11 % Information concerning FHLB advances and securities sold under agreements to repurchase (“reverse repurchase agreements”) is summarized as follows (in thousands): FHLB Advances Reverse Repurchase 2015 2014 2015 2014 Average balance $ 253,843 $ 219,847 $ 73,029 $ 64,223 Maximum amount outstanding at any month end 352,624 305,238 77,803 68,856 Average interest rate for the year 1.52 % 1.14 % 0.14 % 0.12 % Amortized cost of collateral: Mortgage-backed securities — — $ 79,483 $ 70,449 Estimated fair value of collateral: Mortgage-backed securities — — 83,233 70,954 The securities collateralizing the reverse repurchase agreements are delivered to the lender with whom each transaction is executed or to a third-party custodian. The lender, who may sell, loan or otherwise dispose of such securities to other parties in the normal course of their operations, agrees to resell to the Company substantially the same securities at the maturity of the reverse repurchase agreements. (See note 4) FHLB advances and reverse repurchase agreements have contractual maturities at December 31, 2015 as follows (in thousands): FHLB Reverse Year Ended December 31, 2016 $ 88,887 $ 75,872 2017 36,922 — 2018 71,958 — 2019 71,618 — 2020 55,000 — $ 324,385 $ 75,872 During 2007, the Company issued $10.0 million of trust preferred securities which carry a floating rate of 175 basis points over 3-month LIBOR adjusted quarterly. Accrued interest is due quarterly with principal due at the maturity date of September 1, 2037. During 2006, the Company issued $12.5 million of trust preferred securities. The trust preferred securities carry a floating rate of 166 basis points over 3-month LIBOR adjusted quarterly. Accrued interest is due quarterly with principal due at the maturity date in 2036. On August 4, 2005, the Company issued $5.0 million of subordinated debt at a fixed interest rate of 6.35%, which was repaid at maturity on November 23, 2015. Interest expense on borrowings for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Federal Home Loan Bank advances $ 3,850 $ 2,515 $ 3,986 Securities sold under agreements to repurchase 103 78 124 Other borrowings 780 809 809 $ 4,733 $ 3,402 $ 4,919 All FHLB advances are secured by the Bank’s mortgage loans and FHLB stock. As a member of the FHLB of New York, the Bank is required to maintain a minimum investment in the capital stock of the FHLB, at cost, in an amount equal to 0.20% of the Bank’s mortgage-related assets, plus 4.5% of the specified value of certain transactions between the Bank and the FHLB.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	(11) Income Taxes The provision (benefit) for income taxes for the years ended December 31, 2015, 2014 and 2013 consists of the following (in thousands): Years Ended December 31, 2015 2014 2013 Current: Federal $ 8,378 $ 9,525 $ 9,039 State 1,064 1,004 1,324 Total current 9,442 10,529 10,363 Deferred: Federal 1,349 9 (1,421 ) State 92 73 (329 ) Total deferred 1,441 82 (1,750 ) $ 10,883 $ 10,611 $ 8,613 Included in other comprehensive income is income tax expense (benefit) attributable to net unrealized gains (losses) on securities available-for-sale arising during the year in the amount of $600,000, $(338,000), and $(4.6 million) for the years ended December 31, 2015, 2014 and 2013, respectively. Included in stockholders’ equity is income tax benefit (expense) attributable to stock plans in the amount of $32,000, $51,000, and $(31,000) for the years ended December 31, 2015, 2014 and 2013, respectively. A reconciliation between the provision for income taxes and the expected amount computed by multiplying income before the provision for income taxes times the applicable statutory Federal income tax rate for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Income before provision for income taxes $ 31,205 $ 30,531 $ 24,943 Applicable statutory Federal income tax rate 35.0 % 35.0 % 35.0 % Computed “expected” Federal income tax expense $ 10,922 $ 10,686 $ 8,730 Increase (decrease) in Federal income tax expense resulting from: Tax exempt interest (291 ) (109 ) (61 ) ESOP fair market value adjustment 111 99 87 ESOP dividends (234 ) (229 ) (233 ) Earnings on BOLI (525 ) (517 ) (491 ) Merger related expenses 132 — — State income taxes net of Federal benefit 751 695 642 Other items, net 17 (14 ) (61 ) $ 10,883 $ 10,611 $ 8,613 The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2015 and 2014 are presented in the following table (in thousands): December 31, 2015 2014 Deferred tax assets: Allowance for loan losses $ 6,847 $ 6,668 Reserve for repurchased loans 403 422 Reserve for uncollected interest 382 449 Incentive compensation 1,245 1,273 Deferred compensation 644 605 Other reserves 95 43 Stock plans 1,894 1,517 ESOP 198 165 Intangible assets — 22 Fair value adjustments related to acquisition 613 — Net operating loss carryforward related to acquisition 2,177 — Other real estate owned 128 379 Unrealized loss on securities 4,311 4,909 State alternative minimum tax 1,160 1,160 Total gross deferred tax assets 20,097 17,612 Deferred tax liabilities: Core deposit intangible (105 ) — Excess servicing on sale of mortgage loans (99 ) (136 ) Investments, discount accretion (444 ) (435 ) Deferred loan and commitment costs, net (1,224 ) (1,128 ) Premises and equipment, differences in depreciation (237 ) (294 ) Undistributed REIT income (1,181 ) — Total gross deferred tax liabilities (3,290 ) (1,993 ) Net deferred tax assets $ 16,807 $ 15,619 At December 31, 2015, 2014 and 2013, the Company determined that it is not required to establish a valuation reserve for the remaining net deferred tax assets since it is “more likely than not” that the net deferred tax assets will be realized through future reversals of existing taxable temporary differences, future taxable income and tax planning strategies. The conclusion that it is “more likely than not” that the remaining net deferred tax assets will be realized is based on the history of earnings and the prospects for continued growth. Management will continue to review the tax criteria related to the recognition of deferred tax assets. Retained earnings at December 31, 2015 includes approximately $10.8 million, for which no provision for income tax has been made. This amount represents an allocation of income to bad debt deductions for tax purposes only. Events that would result in taxation of these reserves include failure to qualify as a bank for tax purposes, distributions in complete or partial liquidation, stock redemptions and excess distributions to stockholders. At December 31, 2015, the Company had an unrecognized deferred tax liability of $4.4 million with respect to this reserve. There were no unrecognized tax benefits for the years ended December 31, 2015, 2014 and 2013. The tax years that remain subject to examination by the Federal government include the year ended December 31, 2012 and forward. The tax years that remain subject to examination by the States of New Jersey and New York include the years ended December 31, 2011 and forward.

Employee Stock Ownership Plan

Employee Stock Ownership Plan	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Stock Ownership Plan	(12) Employee Stock Ownership Plan As part of its mutual to stock conversion, the Bank established an Employee Stock Ownership Plan and in 2006 the Bank established a Matching Contribution Employee Stock Ownership Plan (collectively the “ESOP”) to provide retirement benefits for eligible employees. Effective December 31, 2015, the Matching Contribution Employee Stock Ownership Plan was terminated and merged into the Employee Stock Ownership Plan. All full-time employees are eligible to participate in the ESOP after they attain age 21 and complete one year of service during which they work at least 1,000 hours. ESOP shares are allocated among participants on the basis of compensation earned during the year. Employees are fully vested in their ESOP account after the completion of five years of credited service or completely if service was terminated due to death, retirement, disability or change in control of the Company. ESOP participants are entitled to receive distributions from the ESOP account only upon termination of service, which includes retirement and death except that a participant may elect to have dividends distributed as a cash payment on a quarterly basis. The ESOP originally borrowed $13.4 million from the Company to purchase 2,013,137 shares of common stock issued in the conversion. On May 12, 1998, the initial loan agreement was amended to allow the ESOP to borrow an additional $8.2 million in order to fund the purchase of 633,750 shares of common stock. At the same time the term of the loan was extended from the initial twelve years to thirty years. As part of the establishment of the Matching Contribution Employee Stock Ownership Plan the term of the loan was reduced by one year and now expires in 2026. The amended loan is to be repaid from contributions by the Bank to the ESOP trust. The Bank is required to make contributions to the ESOP in amounts at least equal to the principal and interest requirement of the debt, assuming a fixed interest rate of 8.25%. The Bank’s obligation to make such contributions is reduced to the extent of any dividends paid by the Company on unallocated shares and any investment earnings realized on such dividends. As of December 31, 2015 and 2014, contributions to the ESOP, which were used to fund principal and interest payments on the ESOP debt, totaled $510,000 and $512,000, respectively. During 2015 and 2014, $204,000 and $209,000, respectively, of dividends paid on unallocated ESOP shares were used for debt service. At December 31, 2015 and 2014, the loan had an outstanding balance of $3.5 million and $3.7 million, respectively, and the ESOP had unallocated shares of 360,995 and 394,816, respectively. At December 31, 2015, the unallocated shares had a fair value of $7.2 million. The unamortized balance of the ESOP is shown as unallocated common stock held by the ESOP and is reflected as a reduction of stockholders’ equity. For the years ended December 31, 2015, 2014 and 2013, the Bank recorded compensation expense related to the ESOP of $603,000, $570,000, and $538,000, respectively, including $318,000, $284,000, and $250,000, respectively, representing additional compensation expense to reflect the increase in the average fair value of committed to be released and allocated shares in excess of the Bank’s cost. As of December 31, 2015, 2,252,070 shares had been allocated to participants and 33,821 shares were committed to be released.

Incentive Plan

Incentive Plan	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Incentive Plan	(13) Incentive Plan The Company has established the Amended and Restated OceanFirst Financial Corp. 1997 Incentive Plan (the “Incentive Plan”) which authorizes the granting of stock options and awards of Common Stock and the OceanFirst Financial Corp. 2000 Stock Option Plan which authorizes the granting of stock options. On April 24, 2003, the Company’s stockholders ratified an amendment of the OceanFirst Financial Corp. 2000 Stock Option Plan which increased the number of shares available under option. On April 20, 2006, the OceanFirst Financial Corp. 2006 Stock Incentive Plan was approved which authorizes the granting of stock options or awards of common stock. On May 5, 2011, the OceanFirst Financial Corp. 2011 Stock Incentive Plan was approved which also authorizes the granting of stock options or awards of common stock. The purpose of these plans is to attract and retain qualified personnel in key positions, provide officers, employees and non-employee directors (“Outside Directors”) with a proprietary interest in the Company as an incentive to contribute to the success of the Company, align the interests of management with those of other stockholders and reward employees for outstanding performance. All officers, other employees and Outside Directors of the Company and its affiliates are eligible to receive awards under the plans. Under the 2011 Stock Incentive Plan, the Company is authorized to issue up to an additional 2,400,000 shares subject to option or, in lieu of options, up to 960,000 shares in the form of stock awards. At December 31, 2015, 1,113,764 options or 445,506 awards remain to be issued. Under the 2006 Stock Incentive Plan, the Company is authorized to issue up to an additional 1,000,000 shares subject to options, or in lieu of options, up to 333,333 shares in the form of stock awards. At December 31, 2015, 4,976 options or 1,659 awards remain to be issued. All options expire 10 years from the date of grant and generally vest at the rate of 20% per year. The exercise price of each option equals the closing market price of the Company’s stock on the date of grant. The Company typically issues Treasury shares to satisfy stock option exercises. The Company recognizes the grant-date fair value of stock options and other stock-based compensation issued to employees in the income statement. The modified prospective transition method was adopted and, as a result, the income statement includes $783,000, $657,000, and $502,000, of expense for stock option grants for the years ended December 31, 2015, 2014 and 2013, respectively. At December 31, 2015, the Company had $1.9 million in compensation cost related to non-vested awards not yet recognized. This cost will be recognized over the remaining vesting period of 2.8 years. The fair value of stock options granted by the Company was estimated through the use of the Black-Scholes option pricing model applying the following assumptions: 2015 2014 2013 Risk-free interest rate 1.72 % 2.29 % 1.47 % Expected option life 7 years 7 years 7 years Expected volatility 28 % 29 % 29 % Expected dividend yield 2.99 % 2.71 % 3.27 % Weighted average fair value of an option share granted during the year $ 3.58 $ 4.17 $ 3.01 Intrinsic value of options exercised during the year (in thousands) 136 131 11 The risk-free interest rate is based on the U.S. Treasury rate with a term equal to the expected option life. The expected option life conforms to the Company’s actual experience. Expected volatility is based on actual historical results. Compensation cost is recognized on a straight line basis over the vesting period. A summary of option activity for the years ended December 31, 2015, 2014 and 2013 follows: 2015 2014 2013 Number of Shares Weighted Number Of Shares Weighted Number Of Shares Weighted Outstanding at beginning of year 1,751,270 $ 15.94 1,740,580 $ 16.47 1,732,694 $ 17.62 Granted 238,305 17.39 280,375 17.72 277,625 14.68 Assumed in acquisition 370,000 26.11 — — — — Exercised (29,480 ) 13.43 (27,634 ) 12.66 (5,147 ) 12.63 Forfeited (8,900 ) 14.56 (7,751 ) 13.30 (29,916 ) 13.89 Expired (39,264 ) 25.31 (234,300 ) 22.44 (234,676 ) 23.28 Outstanding at end of year 2,281,931 $ 17.62 1,751,270 $ 15.94 1,740,580 $ 16.47 Options exercisable 1,497,960 1,003,075 1,062,786 The following table summarizes information about stock options outstanding at December 31, 2015: Options Outstanding Options Exercisable Exercise Prices Number of Options Weighted Weighted Number Of Options Weighted Weighted $10.00 to 12.28 279,561 3.9 years $ 10.59 279,561 3.9 years $ 10.59 13.83 to 14.62 664,650 6.2 14.13 393,400 6.0 14.05 16.06 to 18.45 724,860 6.8 17.37 257,055 3.2 17.07 20.25 to 23.48 312,860 0.6 22.57 312,860 0.6 22.57 27.34 300,000 3.4 27.34 255,084 3.3 27.34 2,281,931 5.0 years $ 17.62 1,497,960 3.5 years $ 17.96 The aggregate intrinsic value for stock options outstanding and stock options exercisable at December 31, 2015 is $8.5 million and $5.8 million, respectively. A summary of the granted but unvested stock award activity for the years ended December 31, 2015, 2014 and 2013 follows: 2015 2014 2013 Number Shares Weighted Number Weighted Number Weighted Outstanding at beginning of year: 81,775 $ 15.85 59,962 $ 13.84 48,733 $ 13.10 Granted 70,890 17.39 40,380 17.70 28,228 14.78 Vested (23,587 ) 14.86 (16,438 ) 13.31 (14,296 ) 13.21 Forfeited (2,118 ) 15.16 (2,129 ) 14.18 (2,703 ) 13.85 Outstanding at end of year 126,960 $ 16.90 81,775 $ 15.85 59,962 $ 13.84

Commitments, Contingencies and

Commitments, Contingencies and Concentrations of Credit Risk	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Concentrations of Credit Risk	(14) Commitments, Contingencies and Concentrations of Credit Risk The Company, in the normal course of business, is party to financial instruments and commitments which involve, to varying degrees, elements of risk in excess of the amounts recognized in the consolidated financial statements. These financial instruments and commitments include unused consumer lines of credit and commitments to extend credit. At December 31, 2015, the following commitments and contingent liabilities existed which are not reflected in the accompanying consolidated financial statements (in thousands): December 31, 2015 Unused consumer and construction loan lines of credit (primarily floating-rate) $ 122,002 Unused commercial loan lines of credit (primarily floating-rate) 169,658 Other commitments to extend credit: Fixed-Rate 59,480 Adjustable-Rate 2,383 Floating-Rate 15,933 The Company’s fixed-rate loan commitments expire within 90 days of issuance and carried interest rates ranging from 3.25% to 5.49% at December 31, 2015. The Company’s maximum exposure to credit losses in the event of nonperformance by the other party to these financial instruments and commitments is represented by the contractual amounts. The Company uses the same credit policies in granting commitments and conditional obligations as it does for financial instruments recorded in the consolidated statements of financial condition. These commitments and obligations do not necessarily represent future cash flow requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary, is based on management’s assessment of risk. Substantially all of the unused consumer and construction loan lines of credit are collateralized by mortgages on real estate. At December 31, 2015, the Company is obligated under noncancelable operating leases for premises and equipment. Rental expense under these leases aggregated approximately $2.3 million, $2.0 million, and $2.4 million for the years ended December 31, 2015, 2014 and 2013, respectively. The projected minimum rental commitments as of December 31, 2015 are as follows (in thousands): Year Ended December 31, 2016 $ 2,019 2017 2,036 2018 1,971 2019 1,832 2020 1,751 Thereafter 10,013 $ 19,622 The Company grants one-to-four family and commercial first mortgage real estate loans to borrowers primarily located in Ocean, Monmouth, Middlesex and Mercer Counties, New Jersey. The Company previously offered interest-only one-to-four family mortgage loans on a limited basis, in which the borrower makes only interest payments for the first five, seven or ten years of the mortgage loan term. This feature will result in future increases in the borrower’s loan repayment when the contractually required repayments increase due to the required amortization of the principal amount. These payment increases could affect a borrower’s ability to repay the loan. The amount of interest-only, one-to-four family mortgage loans at December 31, 2015 and 2014 was $15.5 million and $17.6 million, respectively. There were no interest-only one-to-four family mortgage loans on non-accrual status at December 31, 2015 and 2014. The Company previously originated stated income loans on a limited basis through November 2010. These loans were only offered to self-employed borrowers for purposes of financing primary residences and second home properties. The amount of stated income loans at December 31, 2015 and 2014 was $22.7 million and $27.3 million, respectively. The amount of stated income loans on non-accrual status at December 31, 2015 and 2014 was $19,000 and $259,000, respectively. The ability of borrowers to repay their obligations is dependent upon various factors including the borrowers’ income and net worth, cash flows generated by the underlying collateral, value of the underlying collateral and priority of the Company’s lien on the property. Such factors are dependent upon various economic conditions and individual circumstances beyond the Company’s control; the Company is, therefore, subject to risk of loss. A decline in real estate values could cause some residential and commercial mortgage loans to become inadequately collateralized, which would expose the Bank to a greater risk of loss. The Company believes its lending policies and procedures adequately minimize the potential exposure to such risks. Collateral and/or guarantees are required for all loans. The Company is a defendant in certain claims and legal actions arising in the ordinary course of business. Management and its legal counsel are of the opinion that the ultimate disposition of these matters will not have a material adverse effect on the Company’s consolidated financial condition, results of operations or liquidity.

Reserve for Repurchased Loans a

Reserve for Repurchased Loans and Loss Sharing Obligations	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Reserve for Repurchased Loans and Loss Sharing Obligations	(15) Reserve for Repurchased Loans and Loss Sharing Obligations The reserve for repurchased loans and loss sharing obligations was established to provide for expected losses related to repurchase requests which may be received on residential mortgage loans previously sold to investors and other loss sharing obligations. The reserve is included in other liabilities in the accompanying statements of financial condition. An analysis of the reserve for repurchased loans and loss sharing obligations for the years ended December 31, 2015, 2014 and 2013 follows (in thousands). Years Ended December 31, 2015 2014 2013 Balance at beginning of year $ 1,032 $ 1,468 $ 1,203 Provision charged to operations — — 975 Loss on loans repurchased, settlements or payments under loss sharing arrangements (56 ) (436 ) (915 ) Recoveries 10 — 205 Balance at end of year $ 986 $ 1,032 $ 1,468 At December 31, 2015 and 2014, there were no outstanding loan repurchase requests.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	(16) Earnings Per Share The following reconciles average shares outstanding for basic and diluted earnings per share for the years ended December 31, 2015, 2014 and 2013 (in thousands): Years Ended December 31, 2015 2014 2013 Weighted average shares outstanding 17,037 17,197 17,614 Less: Unallocated ESOP shares (378 ) (412 ) (446 ) Unallocated Incentive award shares and shares held by deferred compensation plan (59 ) (98 ) (97 ) Average basic shares outstanding 16,600 16,687 17,071 Add: Effect of dilutive securities: Incentive awards and shares held by deferred compensation plan 211 110 86 Average diluted shares outstanding 16,811 16,797 17,157 For the years ended December 31, 2015, 2014 and 2013, 926,000, 767,000, and 852,000, respectively, of antidilutive stock options were excluded from earnings per share calculations.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	(17) Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair market measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or the most advantageous) market used to measure the fair value of the asset or liability shall not be adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact. The Company uses valuation techniques that are consistent with the market approach, the income approach and/or the cost approach. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present value amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset (replacement costs). Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability and developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability and developed based on the best information available in the circumstances. In that regard, a fair value hierarchy has been established for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. Movements within the fair value hierarchy are recognized at the end of the applicable reporting period. There were no transfers between the levels of the fair value hierarchy for the years ended December 31, 2015, 2014 and 2013. The fair value hierarchy is as follows: Level 1 Inputs – Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 2 Inputs – Inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (for example, interest rates, volatilities, prepayment speeds, loss severities, credit risks and default rates) or inputs that are derived principally from or corroborated by observable market data by correlations or other means. Level 3 Inputs – Significant unobservable inputs that reflect an entity’s own assumptions that market participants would use in pricing the assets or liabilities. Assets and Liabilities Measured at Fair Value A description of the valuation methodologies used for assets and liabilities measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. Certain financial assets and financial liabilities are measured at fair value on a non-recurring basis, that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). Securities Available-for-Sale Securities classified as available-for-sale are reported at fair value utilizing Level 1 and Level 2 inputs. In general, fair value is based upon quoted market prices, where available. Most of the Company’s investment and mortgage-backed securities, however, are fixed income instruments that are not quoted on an exchange, but are bought and sold in active markets. Prices for these instruments are obtained through third-party pricing services or security industry sources that actively participate in the buying and selling of securities. Prices obtained from these sources include market quotations and matrix pricing. Matrix pricing is a mathematical technique used principally to value certain securities without relying exclusively on quoted prices for the specific securities, but comparing the securities to benchmark or comparable securities. Fair value estimates are made at a point in time, based on relevant market data as well as the best information available about the security. Illiquid credit markets have resulted in inactive markets for certain of the Company’s securities. As a result, there is limited observable market data for these assets. Fair value estimates for securities for which limited observable market data is available are based on judgments regarding current economic conditions, liquidity discounts, credit and interest rate risks, and other factors. These estimates involve significant uncertainties and judgments and cannot be determined with precision. As a result, such calculated fair value estimates may not be realizable in a current sale or immediate settlement of the security. The Company utilizes third-party pricing services to obtain market values for its corporate bonds. Management’s policy is to obtain and review all available documentation from the third-party pricing service relating to their market value determinations, including their methodology and summary of inputs. Management reviews this documentation, makes inquiries of the third-party pricing service and makes a determination as to the level of the valuation inputs. Based on the Company’s review of the available documentation from the third-party pricing service, management concluded that Level 2 inputs were utilized. The significant observable inputs include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, other market information and observations of equity and credit default swap curves related to the issuer. Other Real Estate Owned and Impaired Loans Other real estate owned and loans measured for impairment based on the fair value of the underlying collateral are recorded at estimated fair value, less estimated selling costs of 15%. Fair value is based on independent appraisals. The following table summarizes financial assets and financial liabilities measured at fair value as of December 31, 2015 and 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value (in thousands): Fair Value Measurements at Reporting Date Using: December 31, 2015 Total Fair Level 1 Level 2 Level 3 Items measured on a recurring basis: Investment securities available-for-sale: U.S. agency obligations $ 29,902 $ — $ 29,902 $ — Items measured on a non-recurring basis: Other real estate owned 8,827 — — 8,827 Loans measured for impairment based on the fair value of the underlying collateral 4,344 — — 4,344 Fair Value Measurements at Reporting Date Using: December 31, 2014 Total Fair Level 1 Level 2 Level 3 Items measured on a recurring basis: Investment securities available-for-sale: U.S. agency obligations $ 19,804 $ — $ 19,804 $ — Items measured on a non-recurring basis: Other real estate owned 4,664 — — 4,664 Loans measured for impairment based on the fair value of the underlying collateral 11,675 — — 11,675 Assets and Liabilities Disclosed at Fair Value A description of the valuation methodologies used for assets and liabilities disclosed at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy is set forth below. Cash and Due from Banks For cash and due from banks, the carrying amount approximates fair value. Securities Held-to-Maturity Securities classified as held-to-maturity are carried at amortized cost, as the Company has the positive intent and ability to hold these securities to maturity. The Company determines the fair value of the securities utilizing Level 1, Level 2 and, infrequently, Level 3 inputs. In general, fair value is based upon quoted market prices, where available. Most of the Company’s investment and mortgage-backed securities, however, are fixed income instruments that are not quoted on an exchange, but are bought and sold in active markets. Prices for these instruments are obtained through third-party pricing vendors or security industry sources that actively participate in the buying and selling of securities. Prices obtained from these sources include market quotations and matrix pricing. Matrix pricing is a mathematical technique used principally to value certain securities without relying exclusively on quoted prices for the specific securities, but comparing the securities to benchmark or comparable securities. Fair value estimates are made at a point in time, based on relevant market data as well as the best information available about the security. Illiquid credit markets have resulted in inactive markets for certain of the Company’s securities. As a result, there is limited observable market data for these assets. Fair value estimates for securities for which limited observable market data is available are based on judgments regarding current economic conditions, liquidity discounts, credit and interest rate risks, and other factors. These estimates involve significant uncertainties and judgments and cannot be determined with precision. As a result, such calculated fair value estimates may not be realizable in a current sale or immediate settlement of the security. The Company utilizes third-party pricing services to obtain fair values for most of its securities held-to-maturity. Management’s policy is to obtain and review all available documentation from the third-party pricing service relating to their fair value determinations, including their methodology and summary of inputs. Management reviews this documentation, makes inquiries of the third-party pricing service and makes a determination as to the level of the valuation inputs. Based on the Company’s review of the available documentation from the third-party pricing service, management concluded that Level 2 inputs were utilized for all securities except for certain state and municipal obligations known as bond anticipation notes (“BANs”) where management utilized Level 3 inputs. In the case of the Level 2 securities, the significant observable inputs include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, other market information and observations of equity and credit default swap curves related to the issuer. Management based its fair value estimate of the BANs on the local nature of the issuing entities, the short-term life of the security and current economic conditions. Federal Home Loan Bank of New York Stock The fair value for Federal Home Loan Bank of New York stock is its carrying value since this is the amount for which it could be redeemed. There is no active market for this stock and the Company is required to maintain a minimum investment based upon the outstanding balance of mortgage related assets and outstanding borrowings. Loans Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type such as residential mortgage, construction, consumer and commercial. Each loan category is further segmented into fixed and adjustable rate interest terms. Fair value of performing and non-performing loans was estimated by discounting the future cash flows, net of estimated prepayments, at a rate for which similar loans would be originated to new borrowers with similar terms. Fair values estimated in this manner do not fully incorporate an exit price approach to fair value, but instead are based on a comparison to current market rates for comparable loans. Deposits Other than Time Deposits The fair value of deposits with no stated maturity, such as non-interest-bearing demand deposits, savings, and interest-bearing checking accounts and money market accounts are, by definition, equal to the amount payable on demand. The related insensitivity of the majority of these deposits to interest rate changes creates a significant inherent value which is not reflected in the fair value reported. Time Deposits The fair value of time deposits are based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. Securities Sold Under Agreements to Repurchase with Retail Customers Fair value approximates the carrying amount as these borrowings are payable on demand and the interest rate adjusts monthly. Borrowed Funds Fair value estimates are based on discounting contractual cash flows using rates which approximate the rates offered for borrowings of similar remaining maturities. The book value and estimated fair value of the Bank’s significant financial instruments not recorded at fair value as of December 31, 2015 and December 31, 2014 are presented in the following tables (in thousands): Fair Value Measurements at Reporting December 31, 2015 Book Value Level 1 Inputs Level 2 Inputs Level 3 Inputs Financial Assets: Cash and due from banks $ 43,946 $ 43,946 $ — $ — Securities held-to-maturity 394,813 — 397,763 — Federal Home Loan Bank of New York stock 19,978 — — 19,978 Loans receivable and mortgage loans held-for-sale 1,973,400 — — 1,986,891 Financial Liabilities: Deposits other than time deposits 1,661,255 — 1,661,255 — Time deposits 255,423 — 255,564 — Securities sold under agreements to repurchase with retail customers 75,872 75,872 — — Federal Home Loan Bank advances and other borrowings 346,885 — 346,118 — Fair Value Measurements at Reporting Date Using: December 31, 2014 Book Value Level 1 Inputs Level 2 Inputs Level 3 Inputs Financial Assets: Cash and due from banks $ 36,117 $ 36,117 $ — $ — Securities held-to-maturity 469,417 — 474,215 — Federal Home Loan Bank of New York stock 19,170 — — 19,170 Loans receivable and mortgage loans held-for-sale 1,693,047 — — 1,709,819 Financial Liabilities: Deposits other than time deposits 1,512,917 — 1,512,917 — Time deposits 207,218 — 208,651 — Securities sold under agreements to repurchase with retail customers 67,812 67,812 — — Federal Home Loan Bank advances and other borrowings 332,738 — 332,432 — Limitations Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because a limited market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other significant unobservable inputs. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. Significant assets and liabilities that are not considered financial assets or liabilities include premises and equipment, Bank-Owned Life Insurance, deferred tax assets and goodwill. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates.

Parent-Only Financial Informati

Parent-Only Financial Information	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Parent-Only Financial Information	(18) Parent-Only Financial Information The following condensed statements of financial condition at December 31, 2015 and 2014 and condensed statements of operations and cash flows for the years ended December 31, 2015, 2014 and 2013 for OceanFirst Financial Corp. (parent company only) reflects the Company’s investment in its wholly-owned subsidiary, the Bank, using the equity method of accounting. CONDENSED STATEMENTS OF FINANCIAL CONDITION (in thousands) December 31, 2015 2014 Assets Cash and due from banks $ 7 $ 7 Advances to subsidiary Bank 16,196 22,776 Investment securities 1,000 — ESOP loan receivable 3,503 3,707 Investment in subsidiary Bank 239,486 219,221 Other assets 866 229 Total assets $ 261,058 $ 245,940 Liabilities and Stockholders’ Equity Borrowings $ 22,500 $ 27,500 Other liabilities 112 181 Stockholder’s equity 238,446 218,259 Total liabilities and stockholders’ equity $ 261,058 $ 245,940 CONDENSED STATEMENTS OF OPERATIONS (in thousands) Years Ended December 31, 2015 2014 2013 Dividend income – subsidiary Bank $ 16,000 $ 16,000 $ 16,000 Interest and dividend income – investment securities 3 279 287 Net gain on sales of investment securities available-for-sale — 1,031 46 Interest income – advances to subsidiary Bank 51 44 40 Interest income – ESOP loan receivable 306 322 336 Total income 16,360 17,676 16,709 Interest expense – borrowings 736 767 766 Operating expenses 1,452 1,365 1,358 Income before income taxes and undistributed earnings of subsidiary Bank 14,172 15,544 14,585 Benefit for income taxes 634 229 567 Income before undistributed earnings of subsidiary Bank 14,806 15,773 15,152 Undistributed earnings of subsidiary Bank 5,516 4,147 1,178 Net Income $ 20,322 $ 19,920 $ 16,330 CONDENSED STATEMENTS OF CASH FLOWS (in thousands) Years Ended December 31, 2015 2014 2013 Cash flows from operating activities: Net income $ 20,322 $ 19,920 $ 16,330 Decrease (increase) in advances to subsidiary Bank 6,580 (6,023 ) 3,264 Undistributed earnings of subsidiary Bank (5,516 ) (4,147 ) (1,178 ) Net (gain) on sales of investment securities available for sale — (1,031 ) (46 ) Change in other assets and other liabilities (707 ) 373 (547 ) Net cash provided by operating activities 20,679 9,092 17,823 Cash flows from investing activities: Proceeds from sale of investment securities available-for-sale — 8,439 1,244 Purchase of investment securities (1,000 ) (651 ) (2,964 ) Repayments on ESOP loan receivable 204 190 179 Cash consideration for acquisition (127 ) — — Net cash (used in) provided by investing activities (923 ) 7,978 (1,541 ) Cash flows from financing activities: Decrease in borrowings (5,000 ) — — Dividends paid (8,693 ) (8,241 ) (8,239 ) Purchase of treasury stock (6,459 ) (9,178 ) (8,108 ) Exercise of stock options 396 349 65 Net cash used in financing activities (19,756 ) (17,070 ) (16,282 ) Net increase in cash and due from banks — — — Cash and due from banks at beginning of year 7 7 7 Cash and due from banks at end of year $ 7 $ 7 $ 7

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Event	(19) Subsequent Event On January 5, 2016, the Company announced an agreement to acquire Cape Bancorp (“Cape”), headquartered in Cape May Court House, New Jersey, in a transaction valued at approximately $208.1 million. Under the terms of the agreement, Cape stockholders will be entitled to receive $2.25 in cash and 0.6375 shares of OceanFirst common stock, for each share of Cape common stock. The transaction is expected to close in the summer of 2016, subject to certain conditions, including the approval by stockholders of each company, receipt of all required regulatory approvals and customary closing conditions. Cape is a New Jersey chartered savings bank originally founding in 1923. Cape operates twenty-two full-service banking offices and five loan offices. Three of the loan offices are located in New Jersey servicing Burlington, Cape May and Atlantic counties. Two of the loan offices are in Pennsylvania servicing the five county Philadelphia market, located in Radnor, Delaware County and in Philadelphia (opened in Center City in January 2015).

Selected Consolidated Quarterly

Selected Consolidated Quarterly Financial Data	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Selected Consolidated Quarterly Financial Data	SELECTED CONSOLIDATED QUARTERLY FINANCIAL DATA (dollars in thousands, except per share data) (Unaudited) Quarters ended Dec. 31 Sept. 30 June 30 March 31 2015 Interest income $ 23,149 $ 21,970 $ 20,576 $ 20,168 Interest expense 2,461 2,395 2,143 2,035 Net interest income 20,688 19,575 18,433 18,133 Provision for loans losses 300 300 300 375 Net interest income after provision for loan Losses 20,388 19,275 18,133 17,758 Other income 4,118 4,152 4,171 3,985 Operating expenses (excluding merger related expenses) 15,885 15,117 14,208 13,687 Merger related expenses 614 1,030 184 50 Income before provision for income taxes 8,007 7,280 7,912 8,006 Provision for income taxes 2,777 2,582 2,779 2,745 Net income $ 5,230 $ 4,698 $ 5,133 $ 5,261 Basic earnings per share $ 0.31 $ 0.28 $ 0.31 $ 0.32 Diluted earnings per share $ 0.31 $ 0.28 $ 0.31 $ 0.31 Dec. 31 Sept. 30 June 30 March 31 2014 Interest income $ 20,067 $ 20,142 $ 19,898 $ 19,746 Interest expense 2,043 2,042 1,739 1,681 Net interest income 18,024 18,100 18,159 18,065 Provision for loans losses 825 1,000 275 530 Net interest income after provision for loan Losses 17,199 17,100 17,884 17,535 Other income 4,620 5,286 4,830 3,841 Operating expenses 14,396 14,431 14,830 14,107 Income before provision for income taxes 7,423 7,955 7,884 7,269 Provision for income taxes 2,491 2,790 2,767 2,563 Net income $ 4,932 $ 5,165 $ 5,117 $ 4,706 Basic earnings per share $ 0.30 $ 0.31 $ 0.31 $ 0.27 Diluted earnings per share $ 0.30 $ 0.31 $ 0.30 $ 0.28

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of OceanFirst Financial Corp. (the “Company”) and its wholly-owned subsidiary, OceanFirst Bank (the “Bank”) and its wholly-owned subsidiaries, OceanFirst REIT Holdings, Inc, and its wholly-owned subsidiary OceanFirst Realty Corp., OceanFirst Services, LLC and its wholly-owned subsidiary OFB Reinsurance, Ltd., 975 Holdings, LLC, and Hooper Holdings, LLC. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain amounts previously reported have been reclassified to conform to the current year’s presentation.
Business	Business The Bank provides a range of community banking services to customers through a network of branches and offices in Ocean, Monmouth, Middlesex and Mercer Counties in New Jersey. The Bank is subject to competition from other financial institutions; it is also subject to the regulations of certain regulatory agencies and undergoes periodic examinations by those regulatory authorities.
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation The consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles. The preparation of the accompanying consolidated financial statements in conformity with these accounting principles requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, and the evaluation of securities and goodwill for other-than-temporary impairment. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. Such estimates and assumptions are adjusted when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.
Cash Equivalents	Cash Equivalents Cash equivalents consist of interest-bearing deposits in other financial institutions and loans of Federal funds. For purposes of the consolidated statements of cash flows, the Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents.
Securities	Securities Securities include securities held-to-maturity and securities available-for-sale. Management determines the appropriate classification at the time of purchase. If management has the positive intent not to sell and the Company would not be required to sell prior to maturity, the securities are classified as held-to-maturity securities. Such securities are stated at amortized cost. During 2013, the Company transferred $536.0 million of previously designated available-for-sale securities to held-to-maturity designation at estimated fair value. The Company has the ability and intent to hold these securities as an investment until maturity or call. The securities transferred had an unrealized loss of $13.3 million at the time of transfer which continues to be reflected in accumulated other comprehensive income, net of subsequent amortization, which is being recognized over the life of the securities. Securities in the available-for-sale category are securities which the Company may sell prior to maturity as part of its asset/liability management strategy. Such securities are carried at estimated fair value and unrealized gains and losses, net of related tax effect, are excluded from earnings, but are included as a separate component of stockholders’ equity and as part of comprehensive income. Discounts and premiums on securities are accreted or amortized using the level-yield method over the estimated lives of the securities, including the effect of prepayments. Gains or losses on the sale of such securities are included in other income using the specific identification method.
Other-Than-Temporary Impairments on Securities	Other-Than-Temporary Impairments on Securities One of the significant estimates related to securities is the evaluation for other-than-temporary impairments. If a determination is made that a debt security is other-than-temporarily impaired, the Company will estimate the amount of the unrealized loss that is attributable to credit and all other non-credit related factors. The credit related component will be recognized as an other-than-temporary impairment charge in non-interest income as a component of gain (loss) on securities, net. The non-credit related component will be recorded as an adjustment to accumulated other comprehensive income, net of tax. The evaluation of securities for impairments is a quantitative and qualitative process, which is subject to risks and uncertainties and is intended to determine whether declines in the estimated fair value of investments should be recognized in current period earnings. The risks and uncertainties include changes in general economic conditions, the issuer’s financial condition and/or future prospects, the effects of changes in interest rates or credit spreads and the expected recovery period. On a quarterly basis the Company evaluates the securities portfolio for other-than-temporary impairment. Securities that are in an unrealized loss position are reviewed to determine if an other-than-temporary impairment is present based on certain quantitative factors. The primary factors considered in evaluating whether a decline in value is other-than-temporary include: (a) the length of time and extent to which the estimated fair value has been less than cost or amortized cost and the expected recovery period of the security, (b) the financial condition, credit rating and future prospects of the issuer, (c) whether the debtor is current on contractually obligated interest and principal payments and (d) whether the Company intends to sell the security and whether it is more likely than not that the Company will not be required to sell the security.
Loans Receivable	Loans Receivable Loans receivable, other than loans held-for-sale, are stated at unpaid principal balance, plus unamortized premiums less unearned discounts, net of deferred loan origination and commitment fees and costs, and the allowance for loan losses. Loan origination and commitment fees and certain direct loan origination costs are deferred and the net fee or cost is recognized in interest income using the level-yield method over the contractual life of the specifically identified loans, adjusted for actual prepayments. For each loan class, a loan is considered past due when a payment has not been received in accordance with the contractual terms. Loans which are more than 90 days past due, including impaired loans, and other loans in the process of foreclosure are placed on non-accrual status. Interest income previously accrued on these loans, but not yet received, is reversed in the current period. Any interest subsequently collected is credited to income in the period of recovery only after the full principal balance has been brought current. A loan is returned to accrual status when all amounts due have been received and the remaining principal balance is deemed collectible. A loan is considered impaired when it is deemed probable that the Company will not collect all amounts due according to the contractual terms of the loan agreement. The Company has defined the population of impaired loans to be all non-accrual commercial real estate, multi-family, land, construction and commercial and industrial loans in excess of $250,000. Impaired loans are individually assessed to determine that the loan’s carrying value is not in excess of the estimated fair value of the collateral or the present value of the loan’s expected future cash flows. Smaller balance homogeneous loans that are collectively evaluated for impairment, such as residential mortgage loans and consumer loans, are specifically excluded from the impaired loan portfolio, except when they are modified in a trouble debt restructuring. Loan losses are charged-off in the period the loans, or portion, thereof are deemed uncollectible, generally after the loan becomes 120 days delinquent. The Company will record a loan charge-off (including a partial charge-off) to reduce a loan to the estimated fair value of the underlying collateral, less cost to sell, if it is determined that it is probable that recovery will come primarily from the sale of the collateral. Purchased credit-impaired (PCI) loans are acquired at a discount that is due, in part, to credit quality. PCI loans are initially recorded at fair value (as determined by the present value of expected future cash flows) with no allowance for loan losses. Interest income on loans acquired at a discount is based on the acquired loans’ expected cash flows. The acquired loans may be aggregated and accounted for as a pool of loans if the loans being aggregated have common risk characteristics. A pool is accounted for as a single asset with a single composite interest rate and an aggregate expectation of cash flow. The difference between the undiscounted cash flows expected at acquisition and the investment in the loans, or the “accretable yield”, is recognized as interest income utilizing the level-yield method over the life of each pool. Increases in expected cash flows subsequent to the acquisition are recognized prospectively through adjustment of the yield on the pool over its remaining life, while decreases in expected cash flows are recognized as impairment through a loss provision and an increase in the allowance for loan losses. Therefore, the allowance for loan losses on these impaired pools reflect only losses incurred after the acquisition (representing the present value of all cash flows that were expected at acquisition but currently are not expected to be received). The Bank periodically evaluates the remaining contractual required payments due and estimates of cash flows expected to be collected. These evaluations require the continued use of key assumptions and estimates, similar to the initial estimate of fair value. Changes in the contractual required payments due and estimated cash flows expected to be collected may result in changes in the accretable yield and non-accretable difference or reclassifications between accretable yield and the non-accretable difference. For the pools with better than expected cash flows, the forecasted increase is recorded as an additional accretable yield that is recognized as a prospective increase to interest income on loans.
Mortgage Loans Held-for-sale	Mortgage Loans Held-for-sale The Company regularly sells part of its mortgage loan originations in order to manage interest rate risk and liquidity. The Bank has generally sold fixed-rate mortgage loans with final maturities in excess of 15 years. In determining whether to retain mortgages, management considers the Company’s overall interest rate risk position, the volume of such loans, the loan yield and the types and amount of funding sources. The Company may also retain mortgage loan production in order to improve yields and increase balance sheet leverage. Mortgage loans held-for-sale are carried at the lower of unpaid principal balance, net, or estimated fair value on an aggregate basis. Estimated fair value is determined based on bid quotations from securities dealers.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is a valuation account that reflects probable incurred losses in the loan portfolio. The adequacy of the allowance for loan losses is based on management’s evaluation of the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, estimated fair value of any underlying collateral and current economic conditions. Additions to the allowance arise from charges to operations through the provision for loan losses or from the recovery of amounts previously charged-off. The allowance is reduced by loan charge-offs. The allowance for loan losses is maintained at an amount management considers sufficient to provide for probable losses. The analysis considers known and inherent risks in the loan portfolio resulting from management’s continuing review of the factors underlying the quality of the loan portfolio. The Bank’s allowance for loan losses includes specific allowances and a general allowance, each updated on a quarterly basis. A specific allowance is determined for all non-accrual loans (excluding PCI loans) where the estimated fair value of the underlying collateral can reasonably be evaluated. For these loans, the specific allowance represents the difference between the Bank’s recorded investment in the loan, net of any interim charge-offs, and the estimated fair value of the collateral, less estimated selling costs. Acquired loans are marked to fair value on the date of acquisition. In conjunction with the quarterly evaluation of the adequacy of the allowance for loan losses, the Company performs an analysis on acquired loans to determine whether or not there has been subsequent deterioration in relation to those loans. If deterioration has occurred, the Company will include these loans in the calculation of the allowance for loan losses. If a loan becomes 90 days delinquent, the Bank obtains an updated collateral appraisal. For residential real estate loans, the appraisal is updated annually if the loan remains delinquent for an extended period. For non-accrual commercial real estate loans, the Bank assesses whether there has been an adverse change in the collateral value supporting the loan. The Bank utilizes information based on its knowledge of changes in real estate conditions in its lending area to identify whether a possible deterioration of collateral value has occurred. Based on the severity of the changes in market conditions, management determines if an updated commercial real estate appraisal is warranted or if downward adjustments to the previous appraisal are warranted. If it is determined that the deterioration of the collateral value is significant enough to warrant ordering a new appraisal, an estimate of the downward adjustments to the existing appraised value is used in assessing if additional specific reserves are necessary until the updated appraisal is received. A general allowance is determined for all loans that are not individually evaluated for a specific allowance (excluding PCI loans). In determining the level of the general allowance, the Bank segments the loan portfolio into various loan segments as follows: residential real estate; commercial real estate; consumer; and commercial and industrial. The loan portfolio is further segmented by delinquency status and risk rating (Pass, Special Mention, Substandard and Doubtful). An estimated loss factor is then applied to each risk rating tranche. To determine the loss factor, the Bank utilizes historical loss experience as a percent of loan principal adjusted for certain qualitative factors and the loss emergence period. The Bank’s historical loss experience is based on a rolling 24-month look-back period for all loan segments. This was selected based on (1) management’s judgment that this period captures sufficient loss events (in both dollar terms and number of individual events) to be relevant; and (2) that the Bank’s underwriting criteria and risk characteristics have remained relatively stable throughout this period. The historical loss experience is adjusted for certain qualitative factors including, but not limited to, (1) delinquency trends, (2) net charge-off trends, (3) nature and volume of the loan portfolio, (4) loan policies and underwriting standards, (5) experience and ability of lending personnel, (6) changes in current economic conditions, (7) concentrations of credit, (8) loan review system, and external factors such as (9) local competition and (10) regulation. The Bank considers the applicability of each of these qualitative factors in estimating the general allowance for each loan portfolio segment. Each quarter, the conditions that existed in the 24-month look-back period are compared to current conditions to support a conclusion as to which qualitative adjustments are (or are not) deemed necessary for a particular portfolio segment. The Bank calculates and analyzes the loss emergence period on an annual basis or more frequently if conditions warrant. The Bank’s methodology is to use loss events in the past 8 quarters to determine the loss emergence period for each loan segment. The loss emergence period is specific to each loan segment and determined based on (1) the occurrence of a loss event which resulted in a potential loss and (2) confirmation of the potential loss is deemed to occur when the Bank records an initial charge-off on the loan or downgrades the risk-weighting to substandard or doubtful. The adjusted loss factors are then applied to each risk rating tranche. Existing economic conditions which the Bank considered to estimate the allowance for loan losses include local and regional trends in economic growth, unemployment and real estate values. In evaluating the qualitative factors as of December 31, 2015, the Company considered the potential adverse impact of actual and proposed increases to flood insurance premiums which may stress borrowers’ ability to repay their loans or lower real estate values in certain flood prone areas; the recent recruitment of commercial lenders and the related accelerated growth in commercial real estate loans; and the Company’s recent emphasis on construction-to-permanent residential construction loans attributable to local rebuilding after the damage caused by superstorm Sandy. The Bank also maintains an unallocated portion of the allowance for loan losses. The primary purpose of the unallocated component is to account for the inherent imprecision of the overall loss estimation process including the periodic updating of appraisals, commercial loan risk ratings, and continued economic uncertainty that may not be fully captured in the Company’s loss history or the qualitative factors. Throughout 2014 and 2015, the Bank has refined and enhanced its assessment of the adequacy of the allowance by reviewing the look-back periods, updating the loss emergence periods, and enhancing the analysis of qualitative factors. These refinements have increased the level of precision in the allowance and the unallocated portion has declined substantially. Upon completion of the aforementioned procedures, an overall management review is performed including ratio analyses to identify divergent trends compared with the Bank’s own historical loss experience, the historical loss experience of the Bank’s peer group and management’s understanding of general regulatory expectations. Based on that review, management may identify issues or factors that previously had not been considered in the estimation process, which may warrant further analysis or adjustments to estimated loss factors or the allowance for loan losses.
Reserve for Repurchased Loans and Loss Sharing Obligations	Reserve for Repurchased Loans and Loss Sharing Obligations The reserve for repurchased loans and loss sharing obligations relates to potential losses on loans sold which may have to be repurchased due to a violation of representations and warranties and an estimate of the Bank’s obligation under a loss sharing arrangement for loans sold to the Federal Home Loan Bank (“FHLB”). Provisions for losses are charged to gain on sale of loans and credited to the reserve while actual losses are charged to the reserve. The reserve represents the Company’s estimate of the total losses expected to occur and is considered to be adequate by management based upon the Company’s evaluation of the potential exposure related to the loan sale agreements over the period of repurchase risk. The reserve for repurchased loans and loss sharing obligations is included in other liabilities on the Company’s consolidated statement of financial condition.
Mortgage Servicing Rights ("MSR")	Mortgage Servicing Rights (“MSR”) The Company recognizes as a separate asset the rights to service mortgage loans, whether those rights are acquired through purchase or loan origination activities. MSR are amortized in proportion to and over the estimated period of net servicing income. The estimated fair value of MSR is determined through a discounted analysis of future cash flows, incorporating numerous assumptions including servicing income, servicing costs, market discount rates, prepayment speeds and default rates, as well as the information obtained from the Company’s recent sale of MSR. Impairment of the MSR is assessed on a quarterly basis on the estimated fair value of those rights with any impairment recognized as a component of loan servicing fee income. Impairment is measured by risk strata based on the interest rate of the underlying mortgage loans. Fees earned for servicing loans are reported as income when the related mortgage loan payments are collected.
Other Real Estate Owned ("OREO")	Other Real Estate Owned (“OREO”) Other real estate owned is carried at the lower of cost or estimated fair value, less estimated costs to sell. When a property is acquired, the excess of the loan balance over estimated fair value is charged to the allowance for loan losses. Operating results from other real estate owned, including rental income, operating expenses, gains and losses realized from the sales of other real estate owned and subsequent write-downs are recorded as incurred.
Premises and Equipment	Premises and Equipment Land is carried at cost and premises and equipment, including leasehold improvements, are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets or leases. Depreciable lives are as follows: computer equipment: 3 years; furniture, fixtures and other electronic equipment: 5 years; building improvements: 10 years; and buildings: 30 years. Repair and maintenance items are expensed and improvements are capitalized. Gains and losses on dispositions are reflected in current operations.
Income Taxes	Income Taxes The Company utilizes the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Any interest and penalties on taxes payable are included as part of the provision for income taxes.
Impact of New Accounting Pronouncements	Impact of New Accounting Pronouncements In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-04, “Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40) Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”, which applies to all creditors who obtain physical possession of residential real estate property collateralizing a consumer mortgage loan in satisfaction of a receivable. The amendments in this update clarify when an in-substance repossession or foreclosure occurs and requires disclosure of both (1) the amount of foreclosed residential real estate property held by a creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure. The amendments in ASU 2014-04 were effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2014. The adoption of this standard in the first quarter of 2015 did not to have a material impact on the Company’s consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, “Business Combinations, Simplifying the Accounting for Measurement – Period Adjustments”. The amendments in this update apply to all entities that have reported provisional amounts for items in a business combination for which the accounting is incomplete by the end of the reporting period in which the combination occurs and during the measurement period have an adjustment to provisional amounts recognized. In these cases, the acquirer must record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The amendments in this update are effective for fiscal years beginning after December 15, 2015 including interim periods within those fiscal years. The adoption of this update is not expected to have a material impact on the Company’s consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities”. The main objective in developing this new ASU is to enhance the reporting model for financial instruments to provide users of financial statements with more useful information. The update requires equity investments to be measured at fair value with changes in fair value recognized in net income. It simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a quantitative assessment to identify impairment. The amendment eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. It requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. Financial assets and financial liabilities are to be presented separately by measurement category and the need for a valuation allowance on a deferred tax asset related to available-for-sale securities should be evaluated with other deferred tax assets. The amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The adoption of this update is not expected to have a material impact on the Company’s consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” This ASU requires all lessees to recognize a lease liability and a right-of-use asset, measured at the present value of the future minimum lease payments, at the lease commencement date. Lessor accounting remains largely unchanged under the new guidance. The guidance is effective for fiscal years beginning after December 15, 2018, including interim reporting periods within that reporting period, with early adoption permitted. A modified retrospective approach must be applied for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The company is currently assessing the impact that the guidance will have on the Company’s consolidated financial statements.
Comprehensive Income	Comprehensive Income Comprehensive income is comprised of net income and other comprehensive income (loss). Other comprehensive income (loss) includes items recorded directly in equity, such as unrealized gains or losses on securities available-for-sale and accretion of unrealized loss on securities reclassified to held-to-maturity.
Bank Owned Life Insurance ("BOLI")	Bank Owned Life Insurance (“BOLI”) Bank Owned Life Insurance is accounted for using the cash surrender value method and is recorded at its realizable value. The Company’s BOLI is invested in a separate account insurance product which is invested in a fixed income portfolio. The separate account includes stable value protection which maintains realizable value at book value with investment gains and losses amortized over future periods. The change in the net asset value is included in other non-interest income.
Intangible Assets	Intangible Assets Intangible assets resulting from acquisitions under the acquisition method of accounting consist of goodwill and core deposit intangible. Goodwill is not amortized and is subject to an annual assessment for impairment. The goodwill impairment analysis is generally a two-step test. However, the Company may first assess qualitative factors to determine whether it is necessary to perform the two-step quantitative goodwill impairment test. The Company is not required to calculate fair value, if, based on a qualitative assessment it is determined that it was more likely than not that fair value was not less than its carrying amount. If the carrying value of goodwill exceeds its estimated fair value, a second step in the analysis is performed to determine the amount of impairment, if any. The second step compares the implied fair value of the goodwill with the carrying amount of that goodwill. If the carrying value exceeds the implied fair value of the goodwill, an impairment charge is recorded equal to the excess amount in the current period earnings. As of December 31, 2015, the carrying value of goodwill totaled $1.8 million, all of which was recorded as part of the Colonial acquisition on July 31, 2015. The Company will test goodwill for impairment annually or more frequently if an event occurs or circumstances change that would indicate the fair value is below its carrying amount. No events have occurred and no circumstances have changed since the Colonial acquisition that would indicate the fair value is below its carrying amount. Core deposit premiums represent the intangible value of depositor relationships assumed in purchase acquisitions and are amortized on an accelerated basis over 10 years. The Company periodically evaluates the value of core deposit premiums to ensure the carrying amount exceeds it implied fair value.
Segment Reporting	Segment Reporting As a community-oriented financial institution, substantially all of the Bank’s operations involve the delivery of loan and deposit products to customers. The Bank makes operating decisions and assesses performance based on an ongoing review of these community banking operations, which constitute the only operating segment for financial reporting purposes.
Earnings Per Share	Earnings Per Share Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding. Diluted earnings per share is calculated by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding plus potential common stock, utilizing the treasury stock method. All share amounts exclude unallocated shares of stock held by the Employee Stock Ownership Plan (“ESOP”) and the Incentive Plan.

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2015
OceanFirst Bank [Member]
Summary of Regulatory Capital Amounts and Ratios	The following is a summary of the Bank’s regulatory capital amounts and ratios as of December 31, 2015 and 2014 compared to the regulatory minimum capital adequacy requirements and the regulatory requirements for classification as a well-capitalized institution then in effect (in thousands). The Bank was not subject to the common equity Tier 1 capital requirement at December 31, 2014. Actual For capital adequacy purposes To be well-capitalized As of December 31, 2015 Amount Ratio Amount Ratio Amount Ratio Tier 1 capital (to average assets) $ 229,306 8.91 % $ 102,935 4.00 % $ 128,669 5.00 % Common equity Tier 1 (to risk-weighted assets) 229,306 12.72 81,114 4.50 117,165 6.50 Tier 1 capital (to risk-weighted assets) 229,306 12.72 108,152 6.00 144,203 8.00 Total capital (to risk-weighted assets) 246,106 13.65 144,203 8.00 180,253 10.00 Actual For capital adequacy purposes To be well-capitalized As of December 31, 2014 Amount Ratio Amount Ratio Amount Ratio Tier 1 capital (to average assets) $ 223,573 9.46 % $ 94,573 4.00 % $ 118,217 5.00 % Tier 1 capital (to risk-weighted assets) 223,573 14.05 63,663 4.00 95,494 6.00 Total capital (to risk-weighted assets) 239,940 15.08 127,325 8.00 159,157 10.00
OceanFirst Financial Corp. [Member]
Summary of Regulatory Capital Amounts and Ratios	The following is a summary of the consolidated Company’s regulatory capital amounts and ratios as of December 31, 2015 compared to the regulatory minimum capital adequacy requirements and the regulatory requirements for classification as a well-capitalized institution (in thousands). The Company was not subject to regulatory capital requirements at December 31, 2014. Actual For capital adequacy purposes To be well-capitalized As of December 31, 2015 Amount Ratio Amount Ratio Amount Ratio Tier 1 capital (to average assets) $ 250,324 9.72 % $ 102,984 4.00 % $ 128,730 5.00 % Common equity Tier 1 (to risk-weighted assets) 241,856 13.40 81,234 4.50 117,338 6.50 Tier 1 capital (to risk-weighted assets) 250,324 13.87 108,312 6.00 144,416 8.00 Total capital (to risk-weighted assets) 267,124 14.80 144,416 8.00 180,520 10.00

Business Combination (Tables)

Business Combination (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed at Date of Acquisition	The following table summarizes the estimated fair values of the assets acquired and the liabilities assumed at the date of the acquisition for Colonial, net of total consideration paid (in thousands): At July 31, 2015 Colonial Book Value Purchase Accounting Estimated Fair Value Assets acquired: Securities $ 6,758 $ — $ 6,758 Loans 125,063 (3,597 )(1) 121,466 Allowance for loan losses (1,578 ) 1,578 — Other real estate owned 405 (148 ) 257 Deferred tax asset – recognition of net operating loss carryforward — 2,292 2,292 – relating to purchase accounting adjustments — 935 935 Other assets 8,823 (230 ) 8,593 Core deposit intangible — 277 277 Goodwill — 1,822 1,822 Total assets acquired 139,471 2,929 142,400 Liabilities assumed: Deposits 123,103 243 123,346 Federal Home Loan Bank advances 6,800 — 6,800 Other liabilities 309 — 309 Total liabilities assumed 130,212 243 130,455 Net assets acquired $ 9,259 $ 2,686 $ 11,945 (1) Includes a general credit fair value deduction of $1.7 million; a fair value deduction on credit-impaired loans of $1.2 million; an interest rate fair value benefit of $980,000; and further credited by the write-off of Colonial’s capitalized loan origination costs of $1.7 million.

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Estimated Fair Value of Securities Available-for-Sale and Held-to-Maturity	The amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at December 31, 2015 and 2014 are as follows (in thousands): At December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available-for-sale: Investment securities: U.S. agency obligations $ 29,906 $ 23 $ (27 ) $ 29,902 Held-to-maturity: Investment securities: U.S. agency obligations $ 55,178 $ 87 $ (59 ) $ 55,206 State and municipal obligations 13,311 18 (3 ) 13,326 Corporate debt securities 56,000 — (8,527 ) 47,473 Total investment securities 124,489 105 (8,589 ) 116,005 Mortgage-backed securities: FHLMC 120,116 364 (1,489 ) 118,991 FNMA 160,254 3,039 (1,123 ) 162,170 GNMA 502 95 — 597 Total mortgage-backed securities 280,872 3,498 (2,612 ) 281,758 Total held-to-maturity $ 405,361 $ 3,603 $ (11,201 ) $ 397,763 Total securities $ 435,267 $ 3,626 $ (11,228 ) $ 427,665 At December 31, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available-for-sale: Investment securities: U.S. agency obligations $ 19,900 $ — $ (96 ) $ 19,804 Held-to-maturity: Investment securities: U.S. agency obligations $ 86,394 $ 97 $ (50 ) $ 86,441 State and municipal obligations 13,829 25 (8 ) 13,846 Corporate debt securities 55,000 — (9,750 ) 45,250 Total investment securities 155,223 122 (9,808 ) 145,537 Mortgage-backed securities: FHLMC 141,494 609 (1,659 ) 140,444 FNMA 184,003 4,674 (1,182 ) 187,495 GNMA 620 119 — 739 Total mortgage-backed securities 326,117 5,402 (2,841 ) 328,678 Total held-to-maturity $ 481,340 $ 5,524 $ (12,649 ) $ 474,215 Total securities $ 501,240 $ 5,524 $ (12,745 ) $ 494,019
Carrying Value of Held-to-Maturity Investment Securities	The carrying value of the held-to-maturity investment securities at December 31, 2015 and 2014 are as follows (in thousands): December 31, 2015 2014 Amortized cost $ 405,361 $ 481,340 Net loss on date of transfer from available-for-sale (13,347 ) (13,347 ) Accretion of unrealized loss on securities reclassified to held-to-maturity 2,799 1,424 Carrying value $ 394,813 $ 469,417
Amortized Cost and Estimated Fair Value of Investment Securities by Contractual Maturity	The amortized cost and estimated fair value of investment securities at December 31, 2015 by contractual maturity, are shown below (in thousands). Actual maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. At December 31, 2015, corporate debt securities with an amortized cost and estimated fair value of $56.0 million and $47.5 million, respectively, were callable prior to the maturity date. December 31, 2015 Amortized Cost Estimated Fair Value Less than one year $ 40,925 $ 40,880 Due after one year through five years 54,280 54,360 Due after five years through ten years 4,190 4,194 Due after ten years 55,000 46,473 $ 154,395 $ 145,907
Estimated Fair Value and Unrealized Loss for Securities Available-for-Sale and Held-to-Maturity	The estimated fair value and unrealized loss for securities available-for-sale and held-to-maturity at December 31, 2015 and December 31, 2014, segregated by the duration of the unrealized loss, are as follows (in thousands): At December 31, 2015 Less than 12 months 12 months or longer Total Estimated Fair Value Unrealized Losses Estimated Fair Value Unrealized Losses Estimated Fair Value Unrealized Losses Available-for-sale: Investment securities: U.S. agency obligations $ 14,937 $ (27 ) $ — $ — $ 14,937 $ (27 ) Held-to-maturity: Investment securities: U.S. agency obligations 30,175 (43 ) 5,023 (16 ) 35,198 (59 ) State and municipal obligations 2,857 (2 ) 639 (1 ) 3,496 (3 ) Corporate debt securities — — 46,473 (8,527 ) 46,473 (8,527 ) Total investment securities 33,032 (45 ) 52,135 (8,544 ) 85,167 (8,589 ) Mortgage-backed securities: FHLMC 35,816 (200 ) 53,604 (1,289 ) 89,420 (1,489 ) FNMA 44,004 (434 ) 23,318 (689 ) 67,322 (1,123 ) Total mortgage-backed securities 79,820 (634 ) 76,922 (1,978 ) 156,742 (2,612 ) Total held-to-maturity 112,852 (679 ) 129,057 (10,522 ) 241,909 (11,201 ) Total securities $ 127,789 $ (706 ) $ 129,057 $ (10,522 ) $ 256,846 $ (11,228 ) At December 31, 2014 Less than 12 months 12 months or longer Total Estimated Fair Value Unrealized Losses Estimated Fair Value Unrealized Losses Estimated Fair Value Unrealized Losses Available-for-sale: Investment securities: U.S. agency obligations $ 19,804 $ (96 ) $ — $ — $ 19,804 $ (96 ) Held-to-maturity: Investment securities: U.S. agency obligations 15,134 (9 ) 25,409 (41 ) 40,543 (50 ) State and municipal obligations 947 (1 ) 1,827 (7 ) 2,774 (8 ) Corporate debt securities — — 45,250 (9,750 ) 45,250 (9,750 ) Total investment securities 16,081 (10 ) 72,486 (9,798 ) 88,567 (9,808 ) Mortgage-backed securities: FHLMC 9,155 (34 ) 96,975 (1,625 ) 106,130 (1,659 ) FNMA — — 64,932 (1,182 ) 64,932 (1,182 ) Total mortgage-backed securities 9,155 (34 ) 161,907 (2,807 ) 171,062 (2,841 ) Total held-to-maturity 25,236 (44 ) 234,393 (12,605 ) 259,629 (12,649 ) Total securities $ 45,040 $ (140 ) $ 234,393 $ (12,605 ) $ 279,433 $ (12,745 )
Amortized Cost, Estimated Fair Value and Credit Rating of Corporate Debt Securities	At December 31, 2015, the amortized cost, estimated fair value and credit rating of the individual corporate debt securities in an unrealized loss position for greater than one year are as follows (in thousands): Security Description Amortized Cost Estimated Fair Value Credit Moody’s/ BankAmerica Capital $ 15,000 $ 12,675 Ba1/BB+ Chase Capital 10,000 8,550 Baa2/BBB- Wells Fargo Capital 5,000 4,326 A1/BBB+ Huntington Capital 5,000 4,100 Baa2/BB Keycorp Capital 5,000 4,100 Baa2/BB+ PNC Capital 5,000 4,400 Baa1/BBB- State Street Capital 5,000 4,293 A3/BBB SunTrust Capital 5,000 4,029 Baa3/BB+ $ 55,000 $ 46,473

Loans Receivable, Net (Tables)

Loans Receivable, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Summary of Loans Receivable	A summary of loans receivable at December 31, 2015 and 2014 follows (in thousands): December 31, 2015 2014 Real estate mortgage: One-to-four family $ 791,249 $ 737,889 Commercial real estate, multi-family and land 818,234 649,951 Residential construction 50,757 47,552 1,660,240 1,435,392 Consumer 193,160 199,349 Commercial and industrial 144,538 83,946 Total loans 1,997,938 1,718,687 Purchased credit-impaired (“PCI”) loans 461 — Loans in process (14,206 ) (16,731 ) Deferred origination costs, net 3,232 3,207 Allowance for loan losses (16,722 ) (16,317 ) (27,235 ) (29,841 ) Loans receivable, net $ 1,970,703 $ 1,688,846
Analysis of Allowance for Loan Losses	An analysis of the allowance for loan losses for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Balance at beginning of year $ 16,317 $ 20,930 $ 20,510 Provision charged to operations 1,275 2,630 2,800 Charge-offs (1,135 ) (7,827 ) (3,521 ) Recoveries 265 584 1,141 Balance at end of year $ 16,722 $ 16,317 $ 20,930
Allowance for Loan Loses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method Excluding PCI Loans	The following table presents an analysis of the allowance for loan losses for the years ended December 31, 2015 and 2014, the balance in the allowance for loan loses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2015 and 2014 excluding PCI loans (in thousands): Residential Real Estate Commercial Real Estate Consumer Commercial and Industrial Unallocated Total For the year ended December 31, 2015 Allowance for loan losses: Balance at beginning of year $ 4,291 $ 8,935 $ 1,146 $ 863 $ 1,082 $ 16,317 Provision (benefit) charged to operations 2,465 (1,696 ) 529 826 (849 ) 1,275 Charge-offs (295 ) (103 ) (678 ) (59 ) — (1,135 ) Recoveries 129 29 98 9 — 265 Balance at end of year $ 6,590 $ 7,165 $ 1,095 $ 1,639 $ 233 $ 16,722 For the year ended December 31, 2014 Allowance for loan losses: Balance at beginning of year $ 4,859 $ 10,371 $ 1,360 $ 1,383 $ 2,957 $ 20,930 Provision (benefit) charged to operations 5,862 (1,122 ) 211 (446 ) (1,875 ) 2,630 Charge-offs (6,955 ) (323 ) (471 ) (78 ) — (7,827 ) Recoveries 525 9 46 4 — 584 Balance at end of year $ 4,291 $ 8,935 $ 1,146 $ 863 $ 1,082 $ 16,317 December 31, 2015 Allowance for loan losses: Ending allowance balance attributed to loans: Individually evaluated for impairment $ 31 $ 831 $ 43 $ 434 $ — $ 1,339 Collectively evaluated for impairment 6,559 6,334 1,052 1,205 233 15,383 Total ending allowance balance $ 6,590 $ 7,165 $ 1,095 $ 1,639 $ 233 $ 16,722 Loans: Loans individually evaluated for impairment $ 13,165 $ 21,650 $ 2,307 $ 1,250 $ — $ 38,372 Loans collectively evaluated for impairment 828,841 796,584 190,853 143,288 — 1,959,566 Total ending loan balance $ 842,006 $ 818,234 $ 193,160 $ 144,538 $ — $ 1,997,938 December 31, 2014 Allowance for loan losses: Ending allowance balance attributed to loans: Individually evaluated for impairment $ 88 $ 1,741 $ 332 $ — $ — $ 2,161 Collectively evaluated for impairment 4,203 7,194 814 863 1,082 14,156 Total ending allowance balance $ 4,291 $ 8,935 $ 1,146 $ 863 $ 1,082 $ 16,317 Loans: Loans individually evaluated for impairment $ 12,879 $ 21,165 $ 2,221 $ 714 $ — $ 36,979 Loans collectively evaluated for impairment 772,562 628,786 197,128 83,232 — 1,681,708 Total ending loan balance $ 785,441 $ 649,951 $ 199,349 $ 83,946 $ — $ 1,718,687
Summary of Impaired Loans Excluding PCI Loans	A summary of impaired loans at December 31, 2015 and 2014 is as follows, excluding PCI loans (in thousands): December 31, 2015 2014 Year-end impaired loans with no allocated allowance for loan losses $ 35,177 $ 26,487 Year-end impaired loans with allocated allowance for loan losses 3,195 10,492 $ 38,372 $ 36,979 Amount of the allowance for loan losses allocated $ 1,339 $ 2,161
Summary of Loans Individually Evaluated for Impairment by Loan Portfolio Segment Excluding PCI Loans	The summary of loans individually evaluated for impairment by loan portfolio segment as of December 31, 2015 and 2014 and for the years ended December 31, 2015 and 2014 follows, excluding PCI loans (in thousands): Unpaid Principal Balance Recorded Investment Allowance for As of December 31, 2015 With no related allowance recorded: Residential real estate $ 13,431 $ 13,056 $ — Commercial real estate 19,240 19,154 Consumer 2,577 2,264 — Commercial and industrial 703 703 — $ 35,951 $ 35,177 $ — With an allowance recorded: Residential real estate $ 109 $ 109 $ 31 Commercial real estate 2,447 2,496 831 Consumer 81 43 43 Commercial and industrial 547 547 434 $ 3,184 $ 3,195 $ 1,339 Unpaid Principal Balance Recorded Investment Allowance for As of December 31, 2014 With no related allowance recorded: Residential real estate $ 12,351 $ 11,931 $ — Commercial real estate 12,174 12,142 — Consumer 2,243 1,700 — Commercial and industrial 714 714 — $ 27,482 $ 26,487 $ — With an allowance recorded: Residential real estate $ 948 $ 948 $ 88 Commercial real estate 9,023 9,023 1,741 Consumer 521 521 332 Commercial and industrial — — — $ 10,492 $ 10,492 $ 2,161 For the years ended of December 31, 2015 2014 Average Interest Average Investment Interest Income With no related allowance recorded: Residential real estate $ 12,844 $ 585 $ 16,253 $ 662 Commercial real estate 16,328 462 11,472 384 Consumer 2,183 123 1,982 96 Commercial and industrial 705 8 386 10 $ 32,060 $ 1,178 $ 30,093 $ 1,152 With an allowance recorded: Residential real estate $ 110 $ 3 $ 990 $ 59 Commercial real estate 8,956 10 9,348 77 Consumer 42 2 592 48 Commercial and industrial 365 2 — — $ 9,473 $ 17 $ 10,930 $ 184
Recorded Investment in Non-Accrual Loans by Loan Portfolio Segment Excluding PCI Loans	The following table presents the recorded investment in non-accrual loans by loan portfolio segment as of December 31, 2015 and 2014, excluding PCI loans (in thousands). December 31, 2015 2014 Residential real estate $ 5,779 $ 3,115 Commercial real estate 10,796 12,758 Consumer 1,576 1,877 Commercial and industrial 123 557 $ 18,274 $ 18,307
Aging of Recorded Investment in Past Due Loans Excluding PCI Loans	The following table presents the aging of the recorded investment in past due loans as of December 31, 2015 and 2014 by loan portfolio segment, excluding PCI loans (in thousands): 30-59 Days Past Due 60-89 Days Past Due Greater 90 Days Past Due Total Past Due Loans Not Past Due Total December 31, 2015 Residential real estate $ 4,075 $ 2,716 $ 3,168 $ 9,959 $ 832,047 $ 842,006 Commercial real estate 297 1,208 10,333 11,838 806,396 818,234 Consumer 1,661 115 1,248 3,024 190,136 193,160 Commercial and industrial 8 — 360 368 144,170 144,538 $ 6,041 $ 4,039 $ 15,109 $ 25,189 $ 1,972,749 $ 1,997,938 December 31, 2014 Residential real estate $ 7,365 $ 1,695 $ 1,619 $ 10,679 $ 774,762 $ 785,441 Commercial real estate 119 — 12,758 12,877 637,074 649,951 Consumer 845 232 1,833 2,910 196,439 199,349 Commercial and industrial — — 557 557 83,389 83,946 $ 8,329 $ 1,927 $ 16,767 $ 27,023 $ 1,691,664 $ 1,718,687
Risk Category of Loans by Loan Portfolio Segment Excluding PCI Loans	As of December 31, 2015 and 2014, and based on the most recent analysis performed, the risk category of loans by loan portfolio segment is as follows, excluding PCI loans (in thousands): Pass Special Substandard Doubtful Total December 31, 2015 Commercial real estate $ 783,365 $ 12,070 $ 22,799 $ — $ 818,234 Commercial and industrial 142,387 787 1,364 — 144,538 $ 925,752 $ 12,857 $ 24,163 $ — $ 962,772 December 31, 2014 Commercial real estate $ 611,987 $ 12,684 $ 25,280 $ — $ 649,951 Commercial and industrial 82,693 173 1,080 — 83,946 $ 694,680 $ 12,857 $ 26,360 $ — $ 733,897
Recorded Investment in Residential and Consumer Loans Based on Payment Activity Excluding PCI Loans	The following table presents the recorded investment in residential and consumer loans based on payment activity as of December 31, 2015 and 2014, excluding PCI loans (in thousands): Residential Real Estate Residential Consumer December 31, 2015 Performing $ 836,227 $ 191,584 Non-performing 5,779 1,576 $ 842,006 $ 193,160 December 31, 2014 Performing $ 782,326 $ 197,472 Non-performing 3,115 1,877 $ 785,441 $ 199,349
Troubled Debt Restructurings	The following table presents information about troubled debt restructurings which occurred during the years ended December 31, 2015 and 2014, and troubled debt restructurings modified within the previous year and which defaulted during the years ended December 31, 2015 and 2014 (dollars in thousands): Number Pre-modification Recorded Investment Post-modification Recorded Investment Year ended December 31, 2015 Troubled Debt Restructurings: Residential real estate 5 $ 2,029 $ 1,966 Commercial real estate 4 6,095 6,007 Consumer 9 599 547 Number Recorded Investment Troubled Debt Restructurings Which Subsequently Defaulted None None Number Pre-modification Recorded Investment Post-modification Recorded Investment Year ended December 31, 2014 Troubled Debt Restructurings: Residential real estate 10 $ 2,313 $ 1,901 Consumer 10 234 178 Number Recorded Investment Troubled Debt Restructurings Which Subsequently Defaulted Consumer 1 $ 40
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period	The following table presents information regarding the estimates of the contractually required payments, the cash flows expected to be collected and the estimated fair value of the PCI loans acquired from Colonial at July 31, 2015 (in thousands): July 31, 2015 Contractually required principal and interest $ 1,610 Contractual cash flows not expected to be collected (non-accretable discount) (1,049 ) Expected cash flows to be collected at acquisition 561 Interest component of expected cash flows (accretable yield) (91 ) Fair value of acquired loans $ 470 The following table summarizes the changes in accretable yield for PCI loans during the year ended December 31, 2015 (in thousands): For the year ended December 31, 2015 Beginning balance $ — Acquisition 91 Accretion (16 ) Reclassification from non-accretable difference — Ending balance $ 75

Servicing Asset (Tables)

Servicing Asset (Tables)	12 Months Ended
	Dec. 31, 2015
Transfers and Servicing [Abstract]
Analysis of Servicing Asset	An analysis of the servicing asset for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Balance at beginning of year $ 701 $ 4,178 $ 4,568 Acquired 214 — — Capitalized mortgage servicing rights — 286 995 Amortization (245 ) (1,016 ) (1,385 ) Mortgage servicing rights sold (81 ) (2,747 ) — Balance at end of year $ 589 $ 701 $ 4,178

Interest and Dividends Receiv36

Interest and Dividends Receivable (Tables)	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Summary of Interest and Dividends Receivable	A summary of interest and dividends receivable at December 31, 2015 and 2014 follows (in thousands): December 31, 2015 2014 Loans $ 4,844 $ 4,199 Investment securities 442 634 Mortgage-backed securities 574 673 $ 5,860 $ 5,506

Premises and Equipment, Net (Ta

Premises and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Summary of Premises and Equipment	Premises and equipment at December 31, 2015 and 2014 are summarized as follows (in thousands): December 31, 2015 2014 Land $ 5,124 $ 5,124 Buildings and improvements 29,241 27,372 Leasehold improvements 6,338 2,487 Furniture and equipment 27,770 23,672 Automobiles 628 451 Construction in progress 430 1,667 Total 69,531 60,773 Accumulated depreciation and amortization (41,112 ) (36,035 ) $ 28,419 $ 24,738

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Summary of Deposits Including Accrued Interest Payable	Deposits, including accrued interest payable of $31,000 and $6,000 at December 31, 2015 and 2014, respectively, are summarized as follows (in thousands): December 31, 2015 2014 Amount Weighted Amount Weighted Non-interest-bearing accounts $ 337,143 — % $ 279,944 — % Interest-bearing checking accounts 859,927 0.12 836,120 0.09 Money market deposit accounts 153,196 0.23 95,663 0.06 Savings accounts 310,989 0.03 301,190 0.03 Time deposits 255,423 1.39 207,218 1.45 Total deposits $ 1,916,678 0.26 % $ 1,720,135 0.23 %
Summary of Time Deposits by Maturity	Time deposits at December 31, 2015 mature as follows (in thousands): Year Ended December 31, 2016 $ 138,427 2017 34,446 2018 23,779 2019 37,557 2020 20,216 Thereafter 998 $ 255,423
Summary of Interest Expense on Deposits	Interest expense on deposits for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Interest-bearing checking accounts $ 952 $ 925 $ 1,408 Money market deposit accounts 187 92 165 Savings accounts 102 112 187 Time deposits 3,060 2,974 2,949 $ 4,301 $ 4,103 $ 4,709

Borrowed Funds (Tables)

Borrowed Funds (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Summary of Borrowed Funds	Borrowed funds are summarized as follows (in thousands): December 31, 2015 2014 Amount Weighted Amount Weighted Federal Home Loan Bank advances $ 324,385 1.41 % $ 305,238 1.18 % Securities sold under agreements to repurchase 75,872 0.14 67,812 0.12 Other borrowings 22,500 2.00 27,500 2.75 $ 422,757 1.21 % $ 400,550 1.11 %
Summary of Federal Home Loan Bank Advances and Securities Sold Under Agreements to Repurchase	Information concerning FHLB advances and securities sold under agreements to repurchase (“reverse repurchase agreements”) is summarized as follows (in thousands): FHLB Advances Reverse Repurchase 2015 2014 2015 2014 Average balance $ 253,843 $ 219,847 $ 73,029 $ 64,223 Maximum amount outstanding at any month end 352,624 305,238 77,803 68,856 Average interest rate for the year 1.52 % 1.14 % 0.14 % 0.12 % Amortized cost of collateral: Mortgage-backed securities — — $ 79,483 $ 70,449 Estimated fair value of collateral: Mortgage-backed securities — — 83,233 70,954
Contractual Maturities of FHLB Advances and Reverse Repurchase Agreements	FHLB advances and reverse repurchase agreements have contractual maturities at December 31, 2015 as follows (in thousands): FHLB Reverse Year Ended December 31, 2016 $ 88,887 $ 75,872 2017 36,922 — 2018 71,958 — 2019 71,618 — 2020 55,000 — $ 324,385 $ 75,872
Interest Expense on Borrowings	Interest expense on borrowings for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Federal Home Loan Bank advances $ 3,850 $ 2,515 $ 3,986 Securities sold under agreements to repurchase 103 78 124 Other borrowings 780 809 809 $ 4,733 $ 3,402 $ 4,919

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Components of Income Tax Expense Benefit	The provision (benefit) for income taxes for the years ended December 31, 2015, 2014 and 2013 consists of the following (in thousands): Years Ended December 31, 2015 2014 2013 Current: Federal $ 8,378 $ 9,525 $ 9,039 State 1,064 1,004 1,324 Total current 9,442 10,529 10,363 Deferred: Federal 1,349 9 (1,421 ) State 92 73 (329 ) Total deferred 1,441 82 (1,750 ) $ 10,883 $ 10,611 $ 8,613
Schedule of Income Tax Reconciliation	A reconciliation between the provision for income taxes and the expected amount computed by multiplying income before the provision for income taxes times the applicable statutory Federal income tax rate for the years ended December 31, 2015, 2014 and 2013 is as follows (in thousands): Years Ended December 31, 2015 2014 2013 Income before provision for income taxes $ 31,205 $ 30,531 $ 24,943 Applicable statutory Federal income tax rate 35.0 % 35.0 % 35.0 % Computed “expected” Federal income tax expense $ 10,922 $ 10,686 $ 8,730 Increase (decrease) in Federal income tax expense resulting from: Tax exempt interest (291 ) (109 ) (61 ) ESOP fair market value adjustment 111 99 87 ESOP dividends (234 ) (229 ) (233 ) Earnings on BOLI (525 ) (517 ) (491 ) Merger related expenses 132 — — State income taxes net of Federal benefit 751 695 642 Other items, net 17 (14 ) (61 ) $ 10,883 $ 10,611 $ 8,613
Schedule of Significant Portions of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2015 and 2014 are presented in the following table (in thousands): December 31, 2015 2014 Deferred tax assets: Allowance for loan losses $ 6,847 $ 6,668 Reserve for repurchased loans 403 422 Reserve for uncollected interest 382 449 Incentive compensation 1,245 1,273 Deferred compensation 644 605 Other reserves 95 43 Stock plans 1,894 1,517 ESOP 198 165 Intangible assets — 22 Fair value adjustments related to acquisition 613 — Net operating loss carryforward related to acquisition 2,177 — Other real estate owned 128 379 Unrealized loss on securities 4,311 4,909 State alternative minimum tax 1,160 1,160 Total gross deferred tax assets 20,097 17,612 Deferred tax liabilities: Core deposit intangible (105 ) — Excess servicing on sale of mortgage loans (99 ) (136 ) Investments, discount accretion (444 ) (435 ) Deferred loan and commitment costs, net (1,224 ) (1,128 ) Premises and equipment, differences in depreciation (237 ) (294 ) Undistributed REIT income (1,181 ) — Total gross deferred tax liabilities (3,290 ) (1,993 ) Net deferred tax assets $ 16,807 $ 15,619

Incentive Plan (Tables)

Incentive Plan (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Fair Value of Stock Options Granted	The fair value of stock options granted by the Company was estimated through the use of the Black-Scholes option pricing model applying the following assumptions: 2015 2014 2013 Risk-free interest rate 1.72 % 2.29 % 1.47 % Expected option life 7 years 7 years 7 years Expected volatility 28 % 29 % 29 % Expected dividend yield 2.99 % 2.71 % 3.27 % Weighted average fair value of an option share granted during the year $ 3.58 $ 4.17 $ 3.01 Intrinsic value of options exercised during the year (in thousands) 136 131 11
Summary of Option Activity	A summary of option activity for the years ended December 31, 2015, 2014 and 2013 follows: 2015 2014 2013 Number of Shares Weighted Number Of Shares Weighted Number Of Shares Weighted Outstanding at beginning of year 1,751,270 $ 15.94 1,740,580 $ 16.47 1,732,694 $ 17.62 Granted 238,305 17.39 280,375 17.72 277,625 14.68 Assumed in acquisition 370,000 26.11 — — — — Exercised (29,480 ) 13.43 (27,634 ) 12.66 (5,147 ) 12.63 Forfeited (8,900 ) 14.56 (7,751 ) 13.30 (29,916 ) 13.89 Expired (39,264 ) 25.31 (234,300 ) 22.44 (234,676 ) 23.28 Outstanding at end of year 2,281,931 $ 17.62 1,751,270 $ 15.94 1,740,580 $ 16.47 Options exercisable 1,497,960 1,003,075 1,062,786
Summary of Stock Options Outstanding	The following table summarizes information about stock options outstanding at December 31, 2015: Options Outstanding Options Exercisable Exercise Prices Number of Options Weighted Weighted Number Of Options Weighted Weighted $10.00 to 12.28 279,561 3.9 years $ 10.59 279,561 3.9 years $ 10.59 13.83 to 14.62 664,650 6.2 14.13 393,400 6.0 14.05 16.06 to 18.45 724,860 6.8 17.37 257,055 3.2 17.07 20.25 to 23.48 312,860 0.6 22.57 312,860 0.6 22.57 27.34 300,000 3.4 27.34 255,084 3.3 27.34 2,281,931 5.0 years $ 17.62 1,497,960 3.5 years $ 17.96
Summary of Granted but Unvested Stock Award Activity	A summary of the granted but unvested stock award activity for the years ended December 31, 2015, 2014 and 2013 follows: 2015 2014 2013 Number Shares Weighted Number Weighted Number Weighted Outstanding at beginning of year: 81,775 $ 15.85 59,962 $ 13.84 48,733 $ 13.10 Granted 70,890 17.39 40,380 17.70 28,228 14.78 Vested (23,587 ) 14.86 (16,438 ) 13.31 (14,296 ) 13.21 Forfeited (2,118 ) 15.16 (2,129 ) 14.18 (2,703 ) 13.85 Outstanding at end of year 126,960 $ 16.90 81,775 $ 15.85 59,962 $ 13.84

Commitments, Contingencies an42

Commitments, Contingencies and Concentrations of Credit Risk (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Summary of Commitments and Contingent Liabilities	At December 31, 2015, the following commitments and contingent liabilities existed which are not reflected in the accompanying consolidated financial statements (in thousands): December 31, 2015 Unused consumer and construction loan lines of credit (primarily floating-rate) $ 122,002 Unused commercial loan lines of credit (primarily floating-rate) 169,658 Other commitments to extend credit: Fixed-Rate 59,480 Adjustable-Rate 2,383 Floating-Rate 15,933
Summary of Projected Minimum Rental Commitments	The projected minimum rental commitments as of December 31, 2015 are as follows (in thousands): Year Ended December 31, 2016 $ 2,019 2017 2,036 2018 1,971 2019 1,832 2020 1,751 Thereafter 10,013 $ 19,622

Reserve for Repurchased Loans43

Reserve for Repurchased Loans and Loss Sharing Obligations (Tables)	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Analysis of Reserve for Repurchased Loans and Loss Sharing Obligations	An analysis of the reserve for repurchased loans and loss sharing obligations for the years ended December 31, 2015, 2014 and 2013 follows (in thousands). Years Ended December 31, 2015 2014 2013 Balance at beginning of year $ 1,032 $ 1,468 $ 1,203 Provision charged to operations — — 975 Loss on loans repurchased, settlements or payments under loss sharing arrangements (56 ) (436 ) (915 ) Recoveries 10 — 205 Balance at end of year $ 986 $ 1,032 $ 1,468

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Reconciliation of Shares Outstanding for Basic and Diluted Earnings per Share	The following reconciles average shares outstanding for basic and diluted earnings per share for the years ended December 31, 2015, 2014 and 2013 (in thousands): Years Ended December 31, 2015 2014 2013 Weighted average shares outstanding 17,037 17,197 17,614 Less: Unallocated ESOP shares (378 ) (412 ) (446 ) Unallocated Incentive award shares and shares held by deferred compensation plan (59 ) (98 ) (97 ) Average basic shares outstanding 16,600 16,687 17,071 Add: Effect of dilutive securities: Incentive awards and shares held by deferred compensation plan 211 110 86 Average diluted shares outstanding 16,811 16,797 17,157

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Financial Assets and Financial Liabilities Measured at Fair Value	The following table summarizes financial assets and financial liabilities measured at fair value as of December 31, 2015 and 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value (in thousands): Fair Value Measurements at Reporting Date Using: December 31, 2015 Total Fair Level 1 Level 2 Level 3 Items measured on a recurring basis: Investment securities available-for-sale: U.S. agency obligations $ 29,902 $ — $ 29,902 $ — Items measured on a non-recurring basis: Other real estate owned 8,827 — — 8,827 Loans measured for impairment based on the fair value of the underlying collateral 4,344 — — 4,344 Fair Value Measurements at Reporting Date Using: December 31, 2014 Total Fair Level 1 Level 2 Level 3 Items measured on a recurring basis: Investment securities available-for-sale: U.S. agency obligations $ 19,804 $ — $ 19,804 $ — Items measured on a non-recurring basis: Other real estate owned 4,664 — — 4,664 Loans measured for impairment based on the fair value of the underlying collateral 11,675 — — 11,675
Book Value and Estimated Fair Value of Bank's Significant Financial Instruments Not Recorded at Fair Value	The book value and estimated fair value of the Bank’s significant financial instruments not recorded at fair value as of December 31, 2015 and December 31, 2014 are presented in the following tables (in thousands): Fair Value Measurements at Reporting December 31, 2015 Book Value Level 1 Inputs Level 2 Inputs Level 3 Inputs Financial Assets: Cash and due from banks $ 43,946 $ 43,946 $ — $ — Securities held-to-maturity 394,813 — 397,763 — Federal Home Loan Bank of New York stock 19,978 — — 19,978 Loans receivable and mortgage loans held-for-sale 1,973,400 — — 1,986,891 Financial Liabilities: Deposits other than time deposits 1,661,255 — 1,661,255 — Time deposits 255,423 — 255,564 — Securities sold under agreements to repurchase with retail customers 75,872 75,872 — — Federal Home Loan Bank advances and other borrowings 346,885 — 346,118 — Fair Value Measurements at Reporting Date Using: December 31, 2014 Book Value Level 1 Inputs Level 2 Inputs Level 3 Inputs Financial Assets: Cash and due from banks $ 36,117 $ 36,117 $ — $ — Securities held-to-maturity 469,417 — 474,215 — Federal Home Loan Bank of New York stock 19,170 — — 19,170 Loans receivable and mortgage loans held-for-sale 1,693,047 — — 1,709,819 Financial Liabilities: Deposits other than time deposits 1,512,917 — 1,512,917 — Time deposits 207,218 — 208,651 — Securities sold under agreements to repurchase with retail customers 67,812 67,812 — — Federal Home Loan Bank advances and other borrowings 332,738 — 332,432 —

Parent-Only Financial Informa46

Parent-Only Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Statements of Financial Condition	CONDENSED STATEMENTS OF FINANCIAL CONDITION (in thousands) December 31, 2015 2014 Assets Cash and due from banks $ 7 $ 7 Advances to subsidiary Bank 16,196 22,776 Investment securities 1,000 — ESOP loan receivable 3,503 3,707 Investment in subsidiary Bank 239,486 219,221 Other assets 866 229 Total assets $ 261,058 $ 245,940 Liabilities and Stockholders’ Equity Borrowings $ 22,500 $ 27,500 Other liabilities 112 181 Stockholder’s equity 238,446 218,259 Total liabilities and stockholders’ equity $ 261,058 $ 245,940
Condensed Statements of Operations	CONDENSED STATEMENTS OF OPERATIONS (in thousands) Years Ended December 31, 2015 2014 2013 Dividend income – subsidiary Bank $ 16,000 $ 16,000 $ 16,000 Interest and dividend income – investment securities 3 279 287 Net gain on sales of investment securities available-for-sale — 1,031 46 Interest income – advances to subsidiary Bank 51 44 40 Interest income – ESOP loan receivable 306 322 336 Total income 16,360 17,676 16,709 Interest expense – borrowings 736 767 766 Operating expenses 1,452 1,365 1,358 Income before income taxes and undistributed earnings of subsidiary Bank 14,172 15,544 14,585 Benefit for income taxes 634 229 567 Income before undistributed earnings of subsidiary Bank 14,806 15,773 15,152 Undistributed earnings of subsidiary Bank 5,516 4,147 1,178 Net Income $ 20,322 $ 19,920 $ 16,330
Condensed Statements of Cash Flows	CONDENSED STATEMENTS OF CASH FLOWS (in thousands) Years Ended December 31, 2015 2014 2013 Cash flows from operating activities: Net income $ 20,322 $ 19,920 $ 16,330 Decrease (increase) in advances to subsidiary Bank 6,580 (6,023 ) 3,264 Undistributed earnings of subsidiary Bank (5,516 ) (4,147 ) (1,178 ) Net (gain) on sales of investment securities available for sale — (1,031 ) (46 ) Change in other assets and other liabilities (707 ) 373 (547 ) Net cash provided by operating activities 20,679 9,092 17,823 Cash flows from investing activities: Proceeds from sale of investment securities available-for-sale — 8,439 1,244 Purchase of investment securities (1,000 ) (651 ) (2,964 ) Repayments on ESOP loan receivable 204 190 179 Cash consideration for acquisition (127 ) — — Net cash (used in) provided by investing activities (923 ) 7,978 (1,541 ) Cash flows from financing activities: Decrease in borrowings (5,000 ) — — Dividends paid (8,693 ) (8,241 ) (8,239 ) Purchase of treasury stock (6,459 ) (9,178 ) (8,108 ) Exercise of stock options 396 349 65 Net cash used in financing activities (19,756 ) (17,070 ) (16,282 ) Net increase in cash and due from banks — — — Cash and due from banks at beginning of year 7 7 7 Cash and due from banks at end of year $ 7 $ 7 $ 7

Selected Consolidated Quarter47

Selected Consolidated Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Summary of Consolidated Quarterly Financial Data	Quarters ended Dec. 31 Sept. 30 June 30 March 31 2015 Interest income $ 23,149 $ 21,970 $ 20,576 $ 20,168 Interest expense 2,461 2,395 2,143 2,035 Net interest income 20,688 19,575 18,433 18,133 Provision for loans losses 300 300 300 375 Net interest income after provision for loan Losses 20,388 19,275 18,133 17,758 Other income 4,118 4,152 4,171 3,985 Operating expenses (excluding merger related expenses) 15,885 15,117 14,208 13,687 Merger related expenses 614 1,030 184 50 Income before provision for income taxes 8,007 7,280 7,912 8,006 Provision for income taxes 2,777 2,582 2,779 2,745 Net income $ 5,230 $ 4,698 $ 5,133 $ 5,261 Basic earnings per share $ 0.31 $ 0.28 $ 0.31 $ 0.32 Diluted earnings per share $ 0.31 $ 0.28 $ 0.31 $ 0.31 Dec. 31 Sept. 30 June 30 March 31 2014 Interest income $ 20,067 $ 20,142 $ 19,898 $ 19,746 Interest expense 2,043 2,042 1,739 1,681 Net interest income 18,024 18,100 18,159 18,065 Provision for loans losses 825 1,000 275 530 Net interest income after provision for loan Losses 17,199 17,100 17,884 17,535 Other income 4,620 5,286 4,830 3,841 Operating expenses 14,396 14,431 14,830 14,107 Income before provision for income taxes 7,423 7,955 7,884 7,269 Provision for income taxes 2,491 2,790 2,767 2,563 Net income $ 4,932 $ 5,165 $ 5,117 $ 4,706 Basic earnings per share $ 0.30 $ 0.31 $ 0.31 $ 0.27 Diluted earnings per share $ 0.30 $ 0.31 $ 0.30 $ 0.28

Summary of Significant Accoun48

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	Jul. 31, 2015	Dec. 31, 2015	Dec. 31, 2013
Summary Of Significant Accounting Policies [Line Items]
Maturity period of highly liquid debt instruments		Three months or less
Available-for-sale securities transferred to held-to-maturity securities			$ 536,010,000
Unrealized net loss on securities reclassified from available-for-sale to held-to-maturity, Gross			$ 13,300,000
Loans past due, minimum period		90 days
Non-accrual business and commercial real estate loans		$ 250,000
Delinquency period of losses on mortgage loan to be deemed uncollectible		120 days
Allowance for loan losses		$ 0
Mortgage loans sold on real estate, final maturity period		15 years
Delinquency period of mortgage loans		90 days
Goodwill		$ 1,822,000
Colonial American Bank [Member]
Summary Of Significant Accounting Policies [Line Items]
Allowance for loan losses	$ 0
Goodwill	$ 1,822,000	$ 1,800,000
Core Deposit [Member]
Summary Of Significant Accounting Policies [Line Items]
Amortization of intangible assets on accelerated basis, period		10 years
Computer Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated depreciable life of assets		3 years
Furniture, Fixtures and Other Electronic Equipment [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated depreciable life of assets		5 years
Building Improvements [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated depreciable life of assets		10 years
Buildings [Member]
Summary Of Significant Accounting Policies [Line Items]
Estimated depreciable life of assets		30 years

Regulatory Matters - Additional

Regulatory Matters - Additional Information (Detail)	Dec. 31, 2015
Banking and Thrift [Abstract]
Minimum ratio of tier 1 capital to total adjusted assets	4.00%
Minimum ratio of common equity tier 1 to risk-weighted assets	4.50%
Minimum ratio of tier 1 leverage ratio, For capital adequacy purposes	6.00%
Minimum ratio of total capital to risk-weighted assets	8.00%
Tier 1 capital ratio, To be well capitalized	5.00%
Common equity tier 1 risk-based ratio, To be well capitalized	6.50%
Total risk-based capital, To be well capitalized under prompt corrective action ratio	10.00%
Tier 1 risk-based capital, To be well capitalized under prompt corrective action ratio	8.00%

Regulatory Matters - Summary of

Regulatory Matters - Summary of Regulatory Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital (to average assets), Actual Ratio	4.00%
Common equity Tier 1 (to risk-weighted asset), Actual Ratio	4.50%
Tier 1 capital (to risk-weighted assets), Actual Ratio	5.00%
Tier 1 capital (to average assets), For capital adequacy purposes Ratio	6.00%
Total capital (to risk-weighted assets) For capital adequacy purposes Ratio	8.00%
Common equity Tier 1 (to risk-weighted asset), To be well capitalized under prompt corrective action Ratio	6.50%
Tier 1 capital (to risk-weighted assets), To be well capitalized under prompt corrective action Ratio	8.00%
Total capital (to risk-weighted assets), To be well capitalized under prompt corrective action Ratio	10.00%
OceanFirst Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital (to average assets), Actual Amount	$ 229,306	$ 223,573
Common equity Tier 1 (to risk-weighted asset), Actual Amount	229,306
Tier 1 capital (to risk-weighted assets), Actual Amount	229,306	223,573
Total capital (to risk-weighted assets), Actual Amount	$ 246,106	$ 239,940
Tier 1 capital (to average assets), Actual Ratio	8.91%	9.46%
Common equity Tier 1 (to risk-weighted asset), Actual Ratio	12.72%
Tier 1 capital (to risk-weighted assets), Actual Ratio	12.72%	14.05%
Total capital (to risk-weighted assets), Actual Ratio	13.65%	15.08%
Tier 1 capital (to average assets), For capital adequacy purposes Amount	$ 102,935	$ 94,573
Common equity Tier 1 (to risk-weighted asset), For capital adequacy purposes Amount	81,114
Tier 1 capital (to risk-weighted assets), For capital adequacy purposes Amount	108,152	63,663
Total capital (to risk-weighted assets), For capital adequacy purposes Amount	$ 144,203	$ 127,325
Tier 1 capital (to average assets), For capital adequacy purposes Ratio	4.00%	4.00%
Common equity Tier 1 (to risk-weighted asset), For capital adequacy purposes Ratio	4.50%
Tier 1 capital (to risk-weighted assets), For capital adequacy purposes Ratio	6.00%	4.00%
Total capital (to risk-weighted assets) For capital adequacy purposes Ratio	8.00%	8.00%
Tier 1 capital (to average assets), To be well capitalized under prompt corrective action Amount	$ 128,669	$ 118,217
Common equity Tier 1 (to risk-weighted asset), To be well capitalized under prompt corrective action Amount	117,165
Tier 1 capital (to risk-weighted assets), To be well capitalized under prompt corrective action Amount	144,203	95,494
Total capital (to risk-weighted assets), To be well capitalized under prompt corrective action Amount	$ 180,253	$ 159,157
Tier 1 capital (to average assets), To be well capitalized under prompt corrective action Ratio	5.00%	5.00%
Common equity Tier 1 (to risk-weighted asset), To be well capitalized under prompt corrective action Ratio	6.50%
Tier 1 capital (to risk-weighted assets), To be well capitalized under prompt corrective action Ratio	8.00%	6.00%
Total capital (to risk-weighted assets), To be well capitalized under prompt corrective action Ratio	10.00%	10.00%
OceanFirst Financial Corp. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital (to average assets), Actual Amount	$ 250,324
Common equity Tier 1 (to risk-weighted asset), Actual Amount	241,856
Tier 1 capital (to risk-weighted assets), Actual Amount	250,324
Total capital (to risk-weighted assets), Actual Amount	$ 267,124
Tier 1 capital (to average assets), Actual Ratio	9.72%
Common equity Tier 1 (to risk-weighted asset), Actual Ratio	13.40%
Tier 1 capital (to risk-weighted assets), Actual Ratio	13.87%
Total capital (to risk-weighted assets), Actual Ratio	14.80%
Tier 1 capital (to average assets), For capital adequacy purposes Amount	$ 102,984
Common equity Tier 1 (to risk-weighted asset), For capital adequacy purposes Amount	81,234
Tier 1 capital (to risk-weighted assets), For capital adequacy purposes Amount	108,312
Total capital (to risk-weighted assets), For capital adequacy purposes Amount	$ 144,416
Tier 1 capital (to average assets), For capital adequacy purposes Ratio	4.00%
Common equity Tier 1 (to risk-weighted asset), For capital adequacy purposes Ratio	4.50%
Tier 1 capital (to risk-weighted assets), For capital adequacy purposes Ratio	6.00%
Total capital (to risk-weighted assets) For capital adequacy purposes Ratio	8.00%
Tier 1 capital (to average assets), To be well capitalized under prompt corrective action Amount	$ 128,730
Common equity Tier 1 (to risk-weighted asset), To be well capitalized under prompt corrective action Amount	117,338
Tier 1 capital (to risk-weighted assets), To be well capitalized under prompt corrective action Amount	144,416
Total capital (to risk-weighted assets), To be well capitalized under prompt corrective action Amount	$ 180,520
Tier 1 capital (to average assets), To be well capitalized under prompt corrective action Ratio	5.00%
Common equity Tier 1 (to risk-weighted asset), To be well capitalized under prompt corrective action Ratio	6.50%
Tier 1 capital (to risk-weighted assets), To be well capitalized under prompt corrective action Ratio	8.00%
Total capital (to risk-weighted assets), To be well capitalized under prompt corrective action Ratio	10.00%

Business Combination - Addition

Business Combination - Additional Information (Detail) - Colonial American Bank [Member]	Jul. 31, 2015USD ($)
Business Acquisition [Line Items]
Purchase accounting adjustments, assets	$ 142,400,000
Purchase accounting adjustments, loans	121,466,000
Purchase accounting adjustments, deposits	123,346,000
Total consideration paid	11,900,000
Cash consideration paid for outstanding warrants and fractional shares	$ 127,000

Business Combination - Summary

Business Combination - Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed at Date of Acquisition (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Jul. 31, 2015
Assets acquired:
Goodwill	$ 1,822
Colonial American Bank [Member]
Assets acquired:
Securities		$ 6,758
Loans		121,466
Other real estate owned		257
Deferred tax asset - recognition of net operating loss carryforward		2,292
Deferred tax asset - relating to purchase accounting adjustments		935
Other assets		8,593
Core deposit intangible		277
Goodwill	$ 1,800	1,822
Total assets acquired		142,400
Liabilities assumed:
Deposits		123,346
Federal Home Loan Bank advances		6,800
Other liabilities		309
Total liabilities assumed		130,455
Net assets acquired		11,945
Colonial American Bank [Member] | Book Value [Member]
Assets acquired:
Securities		6,758
Loans		125,063
Allowance for loan losses		(1,578)
Other real estate owned		405
Other assets		8,823
Total assets acquired		139,471
Liabilities assumed:
Deposits		123,103
Federal Home Loan Bank advances		6,800
Other liabilities		309
Total liabilities assumed		130,212
Net assets acquired		9,259
Colonial American Bank [Member] | Purchase Accounting Adjustments [Member]
Assets acquired:
Loans		(3,597)
Allowance for loan losses		1,578
Other real estate owned		(148)
Deferred tax asset - recognition of net operating loss carryforward		2,292
Deferred tax asset - relating to purchase accounting adjustments		935
Other assets		(230)
Core deposit intangible		277
Goodwill		1,822
Total assets acquired		2,929
Liabilities assumed:
Deposits		243
Total liabilities assumed		243
Net assets acquired		$ 2,686

Business Combination - Summar53

Business Combination - Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed at Date of Acquisition (Parenthetical) (Detail) - Colonial American Bank [Member]	Jul. 31, 2015USD ($)
Business Acquisition [Line Items]
Fair value deduction on loans	$ 1,700,000
Fair value deduction on credit-impaired loans	1,200,000
Interest rate fair value benefit on loans	980,000
Write-off of capitalized loan origination costs	$ 1,700,000

Securities - Amortized Cost and

Securities - Amortized Cost and Estimated Fair Value of Securities Available-for-Sale and Held-to-Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Securities Financing Transaction [Line Items]
Available-for-sale, Estimated Fair Value	$ 29,902	$ 19,804
Held-to-maturity, Amortized Cost	405,361	481,340
Held-to-maturity, Estimated Fair Value	397,763	474,215
Total, Amortized Cost	435,267	501,240
Total, Gross Unrealized Gains	3,626	5,524
Total, Gross Unrealized Losses	(11,228)	(12,745)
Total, Estimated Fair Value	427,665	494,019
Corporate Debt Securities [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	55,000
Held-to-maturity, Estimated Fair Value	46,473
Held-to-Maturity Securities [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	405,361	481,340
Held-to-maturity, Gross Unrealized Gains	3,603	5,524
Held-to-maturity, Gross Unrealized Losses	(11,201)	(12,649)
Held-to-maturity, Estimated Fair Value	397,763	474,215
Held-to-Maturity Securities [Member] | Mortgage-Backed Securities [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	280,872	326,117
Held-to-maturity, Gross Unrealized Gains	3,498	5,402
Held-to-maturity, Gross Unrealized Losses	(2,612)	(2,841)
Held-to-maturity, Estimated Fair Value	281,758	328,678
Held-to-Maturity Securities [Member] | Mortgage-Backed Securities [Member] | FHLMC [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	120,116	141,494
Held-to-maturity, Gross Unrealized Gains	364	609
Held-to-maturity, Gross Unrealized Losses	(1,489)	(1,659)
Held-to-maturity, Estimated Fair Value	118,991	140,444
Held-to-Maturity Securities [Member] | Mortgage-Backed Securities [Member] | FNMA [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	160,254	184,003
Held-to-maturity, Gross Unrealized Gains	3,039	4,674
Held-to-maturity, Gross Unrealized Losses	(1,123)	(1,182)
Held-to-maturity, Estimated Fair Value	162,170	187,495
Held-to-Maturity Securities [Member] | Mortgage-Backed Securities [Member] | GNMA [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	502	620
Held-to-maturity, Gross Unrealized Gains	95	119
Held-to-maturity, Estimated Fair Value	597	739
Investment Securities [Member] | U.S. Agency Obligations [Member]
Securities Financing Transaction [Line Items]
Available-for-sale, Amortized Cost	29,906	19,900
Available-for-sale, Gross Unrealized Gains	23
Available-for-sale, Gross Unrealized Losses	(27)	(96)
Available-for-sale, Estimated Fair Value	29,902	19,804
Investment Securities [Member] | Held-to-Maturity Securities [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	124,489	155,223
Held-to-maturity, Gross Unrealized Gains	105	122
Held-to-maturity, Gross Unrealized Losses	(8,589)	(9,808)
Held-to-maturity, Estimated Fair Value	116,005	145,537
Investment Securities [Member] | Held-to-Maturity Securities [Member] | U.S. Agency Obligations [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	55,178	86,394
Held-to-maturity, Gross Unrealized Gains	87	97
Held-to-maturity, Gross Unrealized Losses	(59)	(50)
Held-to-maturity, Estimated Fair Value	55,206	86,441
Investment Securities [Member] | Held-to-Maturity Securities [Member] | State and Municipal Obligations [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	13,311	13,829
Held-to-maturity, Gross Unrealized Gains	18	25
Held-to-maturity, Gross Unrealized Losses	(3)	(8)
Held-to-maturity, Estimated Fair Value	13,326	13,846
Investment Securities [Member] | Held-to-Maturity Securities [Member] | Corporate Debt Securities [Member]
Securities Financing Transaction [Line Items]
Held-to-maturity, Amortized Cost	56,000	55,000
Held-to-maturity, Gross Unrealized Losses	(8,527)	(9,750)
Held-to-maturity, Estimated Fair Value	$ 47,473	$ 45,250

Securities - Carrying Value of

Securities - Carrying Value of Held-to-Maturity Investment Securities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Amortized Cost	$ 405,361	$ 481,340
Net loss on date of transfer from available-for-sale	(13,347)	(13,347)
Accretion of unrealized loss on securities reclassified to held-to-maturity	2,799	1,424
Carrying value	$ 394,813	$ 469,417

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Investment [Line Items]
Realized gains on the sale of securities	$ 0	$ 1,000,000	$ 46,000
Realized losses on sale of investment securities	0	0	$ 0
Corporate debt securities, callable, amortized cost	56,000,000
Corporate debt securities, callable, estimated fair value	47,500,000
Estimated fair value of securities pledged for deposits and other purposes	$ 317,900,000	360,400,000
Floating-rate securities, purchased period	1,998
Floating-rate debt securities, fixed interest rate period	Over 90-day LIBOR
Principal maturity year	2028 or prior if called by the issuer
Reverse Repurchase Agreements [Member]
Investment [Line Items]
Estimated fair value of securities pledged for reverse repurchase agreements	$ 83,200,000	$ 70,900,000

Securities - Amortized Cost a57

Securities - Amortized Cost and Estimated Fair Value of Investment Securities by Contractual Maturity (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Investments, Debt and Equity Securities [Abstract]
Less than one year, Amortized Cost	$ 40,925
Due after one year through five years, Amortized Cost	54,280
Due after five years through ten years, Amortized Cost	4,190
Due after ten years, Amortized Cost	55,000
Total Amortized Cost	154,395
Less than one year, Estimated Fair Value	40,880
Due after one year through five years, Estimated Fair Value	54,360
Due after five years through ten years, Estimated Fair Value	4,194
Due after ten years, Estimated Fair Value	46,473
Total Estimated Fair Value	$ 145,907

Securities - Estimated Fair Val

Securities - Estimated Fair Value and Unrealized Loss for Securities Available-for-Sale and Held-to-Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Total securities, Less than 12 months, Estimated Fair Value	$ 127,789	$ 45,040
Total securities, Less than 12 months, Unrealized Losses	(706)	(140)
Total securities, 12 months or longer, Estimated Fair Value	129,057	234,393
Total securities, 12 months or longer, Unrealized Losses	(10,522)	(12,605)
Total securities, Estimated Fair Value	256,846	279,433
Total securities, Unrealized Losses	(11,228)	(12,745)
Investment Securities [Member] | U.S. Agency Obligations [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Available-for-sale, Less than 12 months, Estimated Market Value	14,937	19,804
Available-for-sale, Less than 12 months, Unrealized Losses	(27)	(96)
Available-for-sale, 12 months or longer, Estimated Market Value	0	0
Available-for-sale, 12 months or longer, Unrealized Losses	0	0
Available-for-sale, Total, Estimated Market Value	14,937	19,804
Available-for-sale, Total, Unrealized Losses	(27)	(96)
Held-to-Maturity Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Held-to-maturity, Less than 12 months, Estimated Fair Value	112,852	25,236
Held-to-maturity, Less than 12 months, Unrealized Losses	(679)	(44)
Held-to-maturity, 12 months or longer, Estimated Fair Value	129,057	234,393
Held-to-maturity, 12 months or longer, Unrealized Losses	(10,522)	(12,605)
Held-to-maturity, Total, Estimated Fair Value	241,909	259,629
Held-to-maturity, Total, Unrealized Losses	(11,201)	(12,649)
Held-to-Maturity Securities [Member] | Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Held-to-maturity, Less than 12 months, Estimated Fair Value	79,820	9,155
Held-to-maturity, Less than 12 months, Unrealized Losses	(634)	(34)
Held-to-maturity, 12 months or longer, Estimated Fair Value	76,922	161,907
Held-to-maturity, 12 months or longer, Unrealized Losses	(1,978)	(2,807)
Held-to-maturity, Total, Estimated Fair Value	156,742	171,062
Held-to-maturity, Total, Unrealized Losses	(2,612)	(2,841)
Held-to-Maturity Securities [Member] | FHLMC [Member] | Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Held-to-maturity, Less than 12 months, Estimated Fair Value	35,816	9,155
Held-to-maturity, Less than 12 months, Unrealized Losses	(200)	(34)
Held-to-maturity, 12 months or longer, Estimated Fair Value	53,604	96,975
Held-to-maturity, 12 months or longer, Unrealized Losses	(1,289)	(1,625)
Held-to-maturity, Total, Estimated Fair Value	89,420	106,130
Held-to-maturity, Total, Unrealized Losses	(1,489)	(1,659)
Held-to-Maturity Securities [Member] | FNMA [Member] | Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Held-to-maturity, Less than 12 months, Estimated Fair Value	44,004
Held-to-maturity, Less than 12 months, Unrealized Losses	(434)
Held-to-maturity, 12 months or longer, Estimated Fair Value	23,318	64,932
Held-to-maturity, 12 months or longer, Unrealized Losses	(689)	(1,182)
Held-to-maturity, Total, Estimated Fair Value	67,322	64,932
Held-to-maturity, Total, Unrealized Losses	(1,123)	(1,182)
Held-to-Maturity Securities [Member] | Investment Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Held-to-maturity, Less than 12 months, Estimated Fair Value	33,032	16,081
Held-to-maturity, Less than 12 months, Unrealized Losses	(45)	(10)
Held-to-maturity, 12 months or longer, Estimated Fair Value	52,135	72,486
Held-to-maturity, 12 months or longer, Unrealized Losses	(8,544)	(9,798)
Held-to-maturity, Total, Estimated Fair Value	85,167	88,567
Held-to-maturity, Total, Unrealized Losses	(8,589)	(9,808)
Held-to-Maturity Securities [Member] | Investment Securities [Member] | U.S. Agency Obligations [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Held-to-maturity, Less than 12 months, Estimated Fair Value	30,175	15,134
Held-to-maturity, Less than 12 months, Unrealized Losses	(43)	(9)
Held-to-maturity, 12 months or longer, Estimated Fair Value	5,023	25,409
Held-to-maturity, 12 months or longer, Unrealized Losses	(16)	(41)
Held-to-maturity, Total, Estimated Fair Value	35,198	40,543
Held-to-maturity, Total, Unrealized Losses	(59)	(50)
Held-to-Maturity Securities [Member] | Investment Securities [Member] | State and Municipal Obligations [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Held-to-maturity, Less than 12 months, Estimated Fair Value	2,857	947
Held-to-maturity, Less than 12 months, Unrealized Losses	(2)	(1)
Held-to-maturity, 12 months or longer, Estimated Fair Value	639	1,827
Held-to-maturity, 12 months or longer, Unrealized Losses	(1)	(7)
Held-to-maturity, Total, Estimated Fair Value	3,496	2,774
Held-to-maturity, Total, Unrealized Losses	(3)	(8)
Held-to-Maturity Securities [Member] | Investment Securities [Member] | Corporate Debt Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity Securities [Line Items]
Held-to-maturity, 12 months or longer, Estimated Fair Value	46,473	45,250
Held-to-maturity, 12 months or longer, Unrealized Losses	(8,527)	(9,750)
Held-to-maturity, Total, Estimated Fair Value	46,473	45,250
Held-to-maturity, Total, Unrealized Losses	$ (8,527)	$ (9,750)

Securities - Amortized Cost, Es

Securities - Amortized Cost, Estimated Fair Value and Credit Rating of Corporate Debt Securities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 405,361	$ 481,340
Estimated Fair Value	397,763	$ 474,215
BankAmerica Capital [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	15,000
Estimated Fair Value	$ 12,675
Credit Rating Moody's/S&P	Ba1/BB+
Chase Capital [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 10,000
Estimated Fair Value	$ 8,550
Credit Rating Moody's/S&P	Baa2/BBB-
Wells Fargo Capital [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 5,000
Estimated Fair Value	$ 4,326
Credit Rating Moody's/S&P	A1/BBB+
Huntington Capital [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 5,000
Estimated Fair Value	$ 4,100
Credit Rating Moody's/S&P	Baa2/BB
Keycorp Capital [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 5,000
Estimated Fair Value	$ 4,100
Credit Rating Moody's/S&P	Baa2/BB+
PNC Capital [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 5,000
Estimated Fair Value	$ 4,400
Credit Rating Moody's/S&P	Baa1/BBB-
State Street Capital [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 5,000
Estimated Fair Value	$ 4,293
Credit Rating Moody's/S&P	A3/BBB
SunTrust Capital [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 5,000
Estimated Fair Value	$ 4,029
Credit Rating Moody's/S&P	Baa3/BB+
Corporate Debt Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 55,000
Estimated Fair Value	$ 46,473

Loans Receivable, Net - Summary

Loans Receivable, Net - Summary of Loans Receivable (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financing Receivable, Allowance for Credit Losses [Line Items]
Real estate mortgage	$ 1,660,240	$ 1,435,392
Consumer	193,160	199,349
Commercial and industrial	144,538	83,946
Total loans	1,997,938	1,718,687
Purchased credit-impaired ("PCI") loans	461
Loans in process	(14,206)	(16,731)
Deferred origination costs, net	3,232	3,207
Allowance for loan losses	(16,722)	(16,317)	$ (20,930)	$ (20,510)
Loan adjustments	(27,235)	(29,841)
Loans receivable, net	1,970,703	1,688,846
One-to-Four Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Real estate mortgage	791,249	737,889
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Real estate mortgage	818,234	649,951
Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Real estate mortgage	50,757	47,552
Total loans	842,006	785,441
Allowance for loan losses	$ (6,590)	$ (4,291)	$ (4,859)

Loans Receivable, Net - Additio

Loans Receivable, Net - Additional Information (Detail) - USD ($)	Jul. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans with non-accrual of interest		$ 18,274,000	$ 18,307,000	$ 45,400,000
Financing receivables 90 days past due and still accruing		0
Impaired loans on non-accrual commercial real estate, multi-family, land, construction, commercial and industrial loans		250,000
Impaired loan portfolio total		38,372,000	36,979,000
Allocation in allowance for loan losses		1,339,000	2,161,000
Average balance of impaired loans		41,500,000	41,000,000	38,600,000
Interest income on non-accrual loans		848,000	1,600,000	2,500,000
Commitments to lend additional funds to borrowers		0
Troubled debt restructuring loans		31,300,000	23,500,000
Troubled debt restructuring loans with accrual interest		26,300,000	21,500,000
Non-accrual loan total troubled debt restructurings		4,900,000	2,000,000	9,700,000
Specific reserves to loans accruing troubled debt restructurings		262,000	419,000	$ 1,800,000
Allowance for loan losses		0
Colonial American Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	$ 0
Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans with non-accrual of interest		5,779,000	3,115,000
Recorded investment in mortgage and consumer loans collateralized, foreclosure amount		2,000,000
Foreclosed property held		1,800,000
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans with non-accrual of interest		$ 10,796,000	$ 12,758,000
Loans classified as troubled debt restructurings					$ 3,900,000

Loans Receivable, Net - Analysi

Loans Receivable, Net - Analysis of Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Receivables [Abstract]
Balance at beginning of year	$ 16,317	$ 20,930	$ 20,510
Provision charged to operations	1,275	2,630	2,800
Charge-offs	(1,135)	(7,827)	(3,521)
Recoveries	265	584	1,141
Balance at end of year	$ 16,722	$ 16,317	$ 20,930

Loans Receivable, Net - Allowan

Loans Receivable, Net - Allowance for Loan Loses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method Excluding PCI Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for loan losses:
Balance at beginning of year	$ 16,317	$ 20,930	$ 20,510
Provision (benefit) charged to operations	1,275	2,630
Charge-offs	(1,135)	(7,827)	(3,521)
Recoveries	265	584	1,141
Balance at end of year	16,722	16,317	20,930
Loans:
Loans individually evaluated for impairment	38,372	36,979
Loans collectively evaluated for impairment	1,959,566	1,681,708
Total loans	1,997,938	1,718,687
Ending allowance balance attributed to loans:
Individually evaluated for impairment	1,339	2,161
Collectively evaluated for impairment	15,383	14,156
Total ending allowance balance	16,722	16,317
Residential Real Estate [Member]
Allowance for loan losses:
Balance at beginning of year	4,291	4,859
Provision (benefit) charged to operations	2,465	5,862
Charge-offs	(295)	(6,955)
Recoveries	129	525
Balance at end of year	6,590	4,291	4,859
Loans:
Loans individually evaluated for impairment	13,165	12,879
Loans collectively evaluated for impairment	828,841	772,562
Total loans	842,006	785,441
Ending allowance balance attributed to loans:
Individually evaluated for impairment	31	88
Collectively evaluated for impairment	6,559	4,203
Total ending allowance balance	6,590	4,291
Commercial Real Estate [Member]
Allowance for loan losses:
Balance at beginning of year	8,935	10,371
Provision (benefit) charged to operations	(1,696)	(1,122)
Charge-offs	(103)	(323)
Recoveries	29	9
Balance at end of year	7,165	8,935	10,371
Loans:
Loans individually evaluated for impairment	21,650	21,165
Loans collectively evaluated for impairment	796,584	628,786
Total loans	818,234	649,951
Ending allowance balance attributed to loans:
Individually evaluated for impairment	831	1,741
Collectively evaluated for impairment	6,334	7,194
Total ending allowance balance	7,165	8,935
Consumer [Member]
Allowance for loan losses:
Balance at beginning of year	1,146	1,360
Provision (benefit) charged to operations	529	211
Charge-offs	(678)	(471)
Recoveries	98	46
Balance at end of year	1,095	1,146	1,360
Loans:
Loans individually evaluated for impairment	2,307	2,221
Loans collectively evaluated for impairment	190,853	197,128
Total loans	193,160	199,349
Ending allowance balance attributed to loans:
Individually evaluated for impairment	43	332
Collectively evaluated for impairment	1,052	814
Total ending allowance balance	1,095	1,146
Commercial and Industrial [Member]
Allowance for loan losses:
Balance at beginning of year	863	1,383
Provision (benefit) charged to operations	826	(446)
Charge-offs	(59)	(78)
Recoveries	9	4
Balance at end of year	1,639	863	1,383
Loans:
Loans individually evaluated for impairment	1,250	714
Loans collectively evaluated for impairment	143,288	83,232
Total loans	144,538	83,946
Ending allowance balance attributed to loans:
Individually evaluated for impairment	434
Collectively evaluated for impairment	1,205	863
Total ending allowance balance	1,639	863
Unallocated [Member]
Allowance for loan losses:
Balance at beginning of year	1,082	2,957
Provision (benefit) charged to operations	(849)	(1,875)
Balance at end of year	233	1,082	$ 2,957
Ending allowance balance attributed to loans:
Collectively evaluated for impairment	233	1,082
Total ending allowance balance	$ 233	$ 1,082

Loans Receivable, Net - Summa64

Loans Receivable, Net - Summary of Impaired Loans Excluding PCI Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Year-end impaired loans with no allocated allowance for loan losses	$ 35,177	$ 26,487
Year-end impaired loans with allocated allowance for loan losses	3,195	10,492
Total	38,372	36,979
Amount of the allowance for loan losses allocated	$ 1,339	$ 2,161

Loans Receivable, Net - Summa65

Loans Receivable, Net - Summary of Loans Individually Evaluated for Impairment by Loan Portfolio Segment Excluding PCI Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 38,372	$ 36,979
Allowance for Loan Losses Allocated	1,339	2,161
With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	35,951	27,482
Recorded Investment	35,177	26,487
Average Recorded Investment	32,060	30,093
Interest Income Recognized	1,178	1,152
With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	3,184	10,492
Recorded Investment	3,195	10,492
Allowance for Loan Losses Allocated	1,339	2,161
Average Recorded Investment	9,473	10,930
Interest Income Recognized	17	184
Residential Real Estate [Member] | With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	13,431	12,351
Recorded Investment	13,056	11,931
Average Recorded Investment	12,844	16,253
Interest Income Recognized	585	662
Residential Real Estate [Member] | With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	109	948
Recorded Investment	109	948
Allowance for Loan Losses Allocated	31	88
Average Recorded Investment	110	990
Interest Income Recognized	3	59
Commercial Real Estate [Member] | With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	19,240	12,174
Recorded Investment	19,154	12,142
Average Recorded Investment	16,328	11,472
Interest Income Recognized	462	384
Commercial Real Estate [Member] | With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	2,447	9,023
Recorded Investment	2,496	9,023
Allowance for Loan Losses Allocated	831	1,741
Average Recorded Investment	8,956	9,348
Interest Income Recognized	10	77
Consumer [Member] | With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	2,577	2,243
Recorded Investment	2,264	1,700
Average Recorded Investment	2,183	1,982
Interest Income Recognized	123	96
Consumer [Member] | With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	81	521
Recorded Investment	43	521
Allowance for Loan Losses Allocated	43	332
Average Recorded Investment	42	592
Interest Income Recognized	2	48
Commercial and Industrial [Member] | With No Related Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	703	714
Recorded Investment	703	714
Average Recorded Investment	705	386
Interest Income Recognized	8	$ 10
Commercial and Industrial [Member] | With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	547
Recorded Investment	547
Allowance for Loan Losses Allocated	434
Average Recorded Investment	365
Interest Income Recognized	$ 2

Loans Receivable, Net - Recorde

Loans Receivable, Net - Recorded Investment in Non-Accrual Loans by Loan Portfolio Segment Excluding PCI Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded Investment in Non-accrual Loans	$ 18,274	$ 18,307	$ 45,400
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded Investment in Non-accrual Loans	1,576	1,877
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded Investment in Non-accrual Loans	123	557
Residential Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded Investment in Non-accrual Loans	5,779	3,115
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded Investment in Non-accrual Loans	$ 10,796	$ 12,758

Loans Receivable, Net - Aging o

Loans Receivable, Net - Aging of Recorded Investment in Past Due Loans Excluding PCI Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Greater than 90 Days Past Due	$ 15,109	$ 16,767
Total Past Due	25,189	27,023
Loans Not Past Due	1,972,749	1,691,664
Total loans	1,997,938	1,718,687
30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,041	8,329
60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,039	1,927
Residential Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Greater than 90 Days Past Due	3,168	1,619
Total Past Due	9,959	10,679
Loans Not Past Due	832,047	774,762
Total loans	842,006	785,441
Residential Real Estate [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,075	7,365
Residential Real Estate [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,716	1,695
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Greater than 90 Days Past Due	10,333	12,758
Total Past Due	11,838	12,877
Loans Not Past Due	806,396	637,074
Total loans	818,234	649,951
Commercial Real Estate [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	297	119
Commercial Real Estate [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,208
Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Greater than 90 Days Past Due	1,248	1,833
Total Past Due	3,024	2,910
Loans Not Past Due	190,136	196,439
Total loans	193,160	199,349
Consumer [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,661	845
Consumer [Member] | 60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	115	232
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Greater than 90 Days Past Due	360	557
Total Past Due	368	557
Loans Not Past Due	144,170	83,389
Total loans	144,538	$ 83,946
Commercial and Industrial [Member] | 30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 8

Loans Receivable, Net - Risk Ca

Loans Receivable, Net - Risk Category of Loans by Loan Portfolio Segment Excluding PCI Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Loan	$ 962,772	$ 733,897
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	818,234	649,951
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	144,538	83,946
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	925,752	694,680
Pass [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	783,365	611,987
Pass [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	142,387	82,693
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	12,857	12,857
Special Mention [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	12,070	12,684
Special Mention [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	787	173
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	24,163	26,360
Substandard [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	22,799	25,280
Substandard [Member] | Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loan	$ 1,364	$ 1,080

Loans Receivable, Net - Recor69

Loans Receivable, Net - Recorded Investment in Residential and Consumer Loans Based on Payment Activity Excluding PCI Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Recorded Investment [Line Items]
Non-performing	$ 18,274	$ 18,307	$ 45,400
Total loans	1,997,938	1,718,687
Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Non-performing	5,779	3,115
Total loans	842,006	785,441
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Non-performing	1,576	1,877
Total loans	193,160	199,349
Residential Real Estate [Member] | Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Performing	836,227	782,326
Non-performing	5,779	3,115
Total loans	842,006	785,441
Residential Real Estate [Member] | Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Performing	191,584	197,472
Non-performing	1,576	1,877
Total loans	$ 193,160	$ 199,349

Loans Receivable, Net - Trouble

Loans Receivable, Net - Troubled Debt Restructurings (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)SecurityLoan	Dec. 31, 2014USD ($)SecurityLoan
Residential Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | SecurityLoan	5	10
Pre-modification Recorded Investment	$ 2,029	$ 2,313
Post-modification Recorded Investment	$ 1,966	$ 1,901
Commercial Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | SecurityLoan	4
Pre-modification Recorded Investment	$ 6,095
Post-modification Recorded Investment	$ 6,007
Subsequently Defaulted [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | SecurityLoan	0
Recorded Investment	$ 0
Consumer [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | SecurityLoan	9	10
Pre-modification Recorded Investment	$ 599	$ 234
Post-modification Recorded Investment	$ 547	$ 178
Consumer [Member] | Subsequently Defaulted [Member]
Financing Receivable, Modifications [Line Items]
Number of Loans | SecurityLoan		1
Recorded Investment		$ 40

Loans Receivable, Net - PCI Loa

Loans Receivable, Net - PCI Loans Acquired (Detail) - Colonial American Bank [Member] $ in Thousands	Jul. 31, 2015USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Contractually required principal and interest	$ 1,610
Contractual cash flows not expected to be collected (non-accretable discount)	(1,049)
Expected cash flows to be collected at acquisition	561
Interest component of expected cash flows (accretable yield)	(91)
Fair value of acquired loans	$ 470

Loans Receivable, Net - Summa72

Loans Receivable, Net - Summary of Changes in Accretable Yield (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
Receivables [Abstract]
Acquisition	$ 91
Accretion	(16)
Reclassification from non-accretable difference	0
Ending balance	$ 75

Servicing Asset - Analysis of S

Servicing Asset - Analysis of Servicing Asset (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Transfers and Servicing [Abstract]
Balance at beginning of year	$ 701	$ 4,178	$ 4,568
Acquired	214
Capitalized mortgage servicing rights		286	995
Amortization	(245)	(1,016)	(1,385)
Mortgage servicing rights sold	(81)	(2,747)
Balance at end of year	$ 589	$ 701	$ 4,178

Servicing Asset - Additional In

Servicing Asset - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Servicing Asset at Amortized Cost [Line Items]
Loans serviced for others amount	$ 158,200,000	$ 197,800,000
Fair value of servicing asset	$ 1,100,000	$ 1,100,000
Servicing asset weighted average discount rate	10.00%
Servicing asset weighted average constant prepayment rate on mortgages	10.10%
Servicing asset weighted average life of years	8 years 2 months 12 days
Servicing Asset [Member]
Servicing Asset at Amortized Cost [Line Items]
Servicing asset weighted average discount rate		9.70%
Servicing asset weighted average constant prepayment rate on mortgages		11.90%
Servicing asset weighted average life of years		7 years 3 months 18 days
Estimated future servicing amortization for 1 year	$ 149,000
Estimated future servicing amortization for 2 year	83,000
Estimated future servicing amortization for 3 year	57,000
Estimated future servicing amortization for 4 year	42,000
Estimated future servicing amortization for 5 year	$ 31,000

Interest and Dividends Receiv75

Interest and Dividends Receivable - Summary of Interest and Dividends Receivable (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Interest and dividends receivable, Loans	$ 4,844	$ 4,199
Interest and dividends receivable, Investment securities	442	634
Interest and dividends receivable, Mortgage-backed securities	574	673
Interest and dividends receivable	$ 5,860	$ 5,506

Premises and Equipment, Net - S

Premises and Equipment, Net - Summary of Premises and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Land	$ 5,124	$ 5,124
Buildings and improvements	29,241	27,372
Leasehold improvements	6,338	2,487
Furniture and equipment	27,770	23,672
Automobiles	628	451
Construction in progress	430	1,667
Total	69,531	60,773
Accumulated depreciation and amortization	(41,112)	(36,035)
Premises and equipment, net	$ 28,419	$ 24,738

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Banking and Thrift [Abstract]
Accrued interest payable	$ 31,000	$ 6,000
Time deposits, $100,000 and over	$ 119,600,000	$ 64,400,000

Deposits - Summary of Deposits

Deposits - Summary of Deposits Including Accrued Interest Payable (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Banking and Thrift [Abstract]
Non-interest-bearing accounts, Amount	$ 337,143	$ 279,944
Interest-bearing checking accounts, Amount	859,927	836,120
Money market deposit accounts, Amount	153,196	95,663
Savings accounts, Amount	310,989	301,190
Time deposits, Amount	255,423	207,218
Total deposits	$ 1,916,678	$ 1,720,135
Non-interest-bearing accounts, Weighted Average Cost	0.00%	0.00%
Interest-bearing checking accounts, Weighted Average Cost	0.12%	0.09%
Money market deposit accounts, Weighted Average Cost	0.23%	0.06%
Savings accounts, Weighted Average Cost	0.03%	0.03%
Time deposits, Weighted Average Cost	1.39%	1.45%
Weighted Average Cost	0.26%	0.23%

Deposits - Summary of Time Depo

Deposits - Summary of Time Deposits (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Banking and Thrift [Abstract]
2,016	$ 138,427
2,017	34,446
2,018	23,779
2,019	37,557
2,020	20,216
Thereafter	998
Total time deposits	$ 255,423	$ 207,218

Deposits - Summary of Interest

Deposits - Summary of Interest Expense on Deposits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Banking and Thrift [Abstract]
Interest-bearing checking accounts	$ 952	$ 925	$ 1,408
Money market deposit accounts	187	92	165
Savings accounts	102	112	187
Time deposits	3,060	2,974	2,949
Interest expense on deposits	$ 4,301	$ 4,103	$ 4,709

Borrowed Funds - Summary of Bor

Borrowed Funds - Summary of Borrowed Funds (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Banking and Thrift [Abstract]
Federal Home Loan Bank advances, Amount	$ 324,385	$ 305,238
Securities sold under agreements to repurchase, Amount	75,872	67,812
Other borrowings, Amount	22,500	27,500
Borrowed funds, Amount	$ 422,757	$ 400,550
Federal Home Loan Bank advances, Weighted Average Rate	1.41%	1.18%
Securities sold under agreements to repurchase, Weighted Average Rate	0.14%	0.12%
Other borrowings, Weighted Average Rate	2.00%	2.75%
Borrowed funds, Weighted Average Rate	1.21%	1.11%

Borrowed Funds - Summary of Fed

Borrowed Funds - Summary of Federal Home Loan Bank Advances and Securities Sold Under Agreements to Repurchase (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Average balance	$ 253,843	$ 219,847
Maximum amount outstanding at any month end	$ 352,624	$ 305,238
Average interest rate for the year	1.52%	1.14%
Reverse Repurchase Agreements [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Average balance	$ 73,029	$ 64,223
Maximum amount outstanding at any month end	$ 77,803	$ 68,856
Average interest rate for the year	0.14%	0.12%
Amortized cost of collateral, Mortgage-backed securities	$ 79,483	$ 70,449
Estimated fair value of collateral, Mortgage-backed securities	$ 83,233	$ 70,954

Borrowed Funds - Contractual Ma

Borrowed Funds - Contractual Maturities of FHLB Advances and Reverse Repurchase Agreements (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLB Advances, 2016	$ 88,887
FHLB Advances, 2017	36,922
FHLB Advances, 2018	71,958
FHLB Advances, 2019	71,618
FHLB Advances, 2020	55,000
FHLB Advances contractual maturities, net	324,385	$ 305,238
Reverse Repurchase Agreements [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
2,016	75,872
2,017	0
2,018	0
2,019	0
2,020	0
Contractual maturities, net	$ 75,872

Borrowed Funds - Additional Inf

Borrowed Funds - Additional Information (Detail) - USD ($) $ in Millions	Aug. 04, 2005	Dec. 31, 2015	Dec. 31, 2007	Dec. 31, 2006
Deposits [Line Items]
Trust preferred securities issued			$ 10	$ 12.5
Trust preferred securities, principal maturity date			Sep. 1, 2037
Trust preferred securities, principal maturity date				2,036
Subordinated debt issued	$ 5
Subordinated debt at a fixed interest rate	6.35%
Maturity date of subordinated debt	Nov. 23, 2015
Minimum investment in the capital stock of the FHLB		0.20%
Specified value of certain transactions between the Bank and the FHLB		4.50%
Trust Preferred Securities [Member]
Deposits [Line Items]
Floating rate percentage			1.75%	1.66%
Floating rate description		3-month LIBOR

Borrowed Funds - Interest Expen

Borrowed Funds - Interest Expense on Borrowings (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Banking and Thrift [Abstract]
Federal Home Loan Bank advances	$ 3,850	$ 2,515	$ 3,986
Securities sold under agreements to repurchase	103	78	124
Other borrowings	780	809	809
Net interest expense on borrowed funds	$ 4,733	$ 3,402	$ 4,919

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense Benefit (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current:
Federal									$ 8,378	$ 9,525	$ 9,039
State									1,064	1,004	1,324
Total current									9,442	10,529	10,363
Deferred:
Federal									1,349	9	(1,421)
State									92	73	(329)
Total deferred									1,441	82	(1,750)
Income tax expense (benefit)	$ 2,777	$ 2,582	$ 2,779	$ 2,745	$ 2,491	$ 2,790	$ 2,767	$ 2,563	$ 10,883	$ 10,611	$ 8,613

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Unrealized gains (loss) on securities, tax expense	$ 600,000	$ (338,000)	$ (4,600,000)
Income tax benefit (expense) attributable to stock plans	32,000	51,000	(31,000)
Retained earnings not provided for provision for income tax	10,800,000
Unrecognized deferred tax liability	4,400,000
Unrecognized tax benefits	$ 0	$ 0	$ 0

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Reconciliation (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Income before provision for income taxes									$ 31,205	$ 30,531	$ 24,943
Applicable statutory Federal income tax rate									35.00%	35.00%	35.00%
Computed "expected" Federal income tax expense									$ 10,922	$ 10,686	$ 8,730
Increase (decrease) in Federal income tax expense resulting from:
Tax exempt interest									(291)	(109)	(61)
ESOP fair market value adjustment									111	99	87
ESOP dividends									(234)	(229)	(233)
Earnings on BOLI									(525)	(517)	(491)
Merger related expenses									132
State income taxes net of Federal benefit									751	695	642
Other items, net									17	(14)	(61)
Income tax expense (benefit)	$ 2,777	$ 2,582	$ 2,779	$ 2,745	$ 2,491	$ 2,790	$ 2,767	$ 2,563	$ 10,883	$ 10,611	$ 8,613

Income Taxes - Schedule of Sign

Income Taxes - Schedule of Significant Portions of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 6,847	$ 6,668
Reserve for repurchased loans	403	422
Reserve for uncollected interest	382	449
Incentive compensation	1,245	1,273
Deferred compensation	644	605
Other reserves	95	43
Stock plans	1,894	1,517
ESOP	198	165
Intangible assets		22
Fair value adjustments related to acquisition	613
Net operating loss carryforward related to acquisition	2,177
Other real estate owned	128	379
Unrealized loss on securities	4,311	4,909
State alternative minimum tax	1,160	1,160
Total gross deferred tax assets	20,097	17,612
Deferred tax liabilities:
Core deposit intangible	(105)
Excess servicing on sale of mortgage loans	(99)	(136)
Investments, discount accretion	(444)	(435)
Deferred loan and commitment costs, net	(1,224)	(1,128)
Premises and equipment, differences in depreciation	(237)	(294)
Undistributed REIT income	(1,181)
Total gross deferred tax liabilities	(3,290)	(1,993)
Net deferred tax assets	$ 16,807	$ 15,619

Employee Stock Ownership Plan -

Employee Stock Ownership Plan - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	May. 12, 1998
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Purchase of common stock shares	2,013,137
Fixed interest rate	8.25%
Contributions to ESOP	$ 510,000	$ 512,000
Dividends paid unallocated ESOP shares	204,000	209,000
Outstanding loan	$ 3,500,000	$ 3,700,000
Unallocated shares of ESOP	360,995	394,816
Fair value of unallocated shares	$ 7,200,000
Shares allocated to participants	2,252,070
Shares committed to be released	33,821
Minimum [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Extended loan term	12 years
Maximum [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Extended loan term	30 years
Employee Stock Ownership Plan [Member]
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Minimum age limit for employees to participate in ESOP	21 years
Minimum number of working hours	1000 hours
ESOP original borrowings	$ 13,400,000
Additional common stock shares				633,750
Additional borrowings				$ 8,200,000
Expiration period	2,026
Compensation expense related to ESOP	$ 603,000	$ 570,000	$ 538,000
Increase in the average fair value	$ 318,000	$ 284,000	$ 250,000

Incentive Plan - Additional Inf

Incentive Plan - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost related to non-vested awards not yet recognized	$ 1,900,000
Aggregate intrinsic value for stock options outstanding	8,500,000
Aggregate intrinsic value for stock options exercisable	$ 5,800,000
Equity Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan expiration period	10 years
Expense for stock option grants	$ 783,000	$ 657,000	$ 502,000
Vesting period of compensation cost related to non-vested awards	2 years 9 months 18 days
2011 Stock Incentive Plan [Member] | Equity Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan, number of additional shares authorized	2,400,000
Stock incentive plan remaining options or awards	1,113,764
2011 Stock Incentive Plan [Member] | Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan, number of additional shares authorized	960,000
Stock incentive plan remaining options or awards	445,506
2006 Stock Incentive Plan [Member] | Equity Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan, number of additional shares authorized	1,000,000
Stock incentive plan remaining options or awards	4,976
2006 Stock Incentive Plan [Member] | Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan, number of additional shares authorized	333,333
Stock incentive plan remaining options or awards	1,659
Tranche One [Member] | Equity Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan vesting rate	20.00%

Incentive Plan - Summary of Fai

Incentive Plan - Summary of Fair Value of Stock Options Granted (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rate	1.72%	2.29%	1.47%
Expected option life	7 years	7 years	7 years
Expected volatility	28.00%	29.00%	29.00%
Expected dividend yield	2.99%	2.71%	3.27%
Weighted average fair value of an option share granted during the year	$ 3.58	$ 4.17	$ 3.01
Intrinsic value of options exercised during the year	$ 136	$ 131	$ 11

Incentive Plan - Summary of Opt

Incentive Plan - Summary of Option Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Shares, Outstanding at beginning of year	1,751,270	1,740,580	1,732,694
Number of Shares, Granted	238,305	280,375	277,625
Number of Shares, Assumed in acquisition	370,000
Number of Shares, Exercised	(29,480)	(27,634)	(5,147)
Number of Shares, Forfeited	(8,900)	(7,751)	(29,916)
Number of Shares, Expired	(39,264)	(234,300)	(234,676)
Number of Shares, Outstanding at end of year	2,281,931	1,751,270	1,740,580
Number of Shares, Options exercisable at end of year	1,497,960	1,003,075	1,062,786
Weighted Average Exercise Price, Outstanding at beginning of year	$ 15.94	$ 16.47	$ 17.62
Weighted Average Exercise Price, Granted	17.39	17.72	14.68
Weighted Average Exercise Price, Assumed in acquisition	26.11
Weighted Average Exercise Price, Exercised	13.43	12.66	12.63
Weighted Average Exercise Price, Forfeited	14.56	13.30	13.89
Weighted Average Exercise Price, Expired	25.31	22.44	23.28
Weighted Average Exercise Price, Outstanding at end of year	$ 17.62	$ 15.94	$ 16.47

Incentive Plan - Summary of Sto

Incentive Plan - Summary of Stock Options Outstanding (Detail)	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of Options Outstanding | shares	2,281,931
Weighted Average Remaining Contractual Life, Options Outstanding	5 years
Weighted Average Exercise Price, Options Outstanding	$ 17.62
Number Of Options Exercisable | shares	1,497,960
Weighted Average Remaining Contractual Life, Options Exercisable	3 years 6 months
Weighted Average Exercise Price, Options Exercisable	$ 17.96
Exercise Prices From 10.00 to 12.28 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Prices Lower Limit	10
Exercise Prices Higher Limit	$ 12.28
Number of Options Outstanding | shares	279,561
Weighted Average Remaining Contractual Life, Options Outstanding	3 years 10 months 24 days
Weighted Average Exercise Price, Options Outstanding	$ 10.59
Number Of Options Exercisable | shares	279,561
Weighted Average Remaining Contractual Life, Options Exercisable	3 years 10 months 24 days
Weighted Average Exercise Price, Options Exercisable	$ 10.59
Exercise Prices From 13.83 to 14.62 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Prices Lower Limit	13.83
Exercise Prices Higher Limit	$ 14.62
Number of Options Outstanding | shares	664,650
Weighted Average Remaining Contractual Life, Options Outstanding	6 years 2 months 12 days
Weighted Average Exercise Price, Options Outstanding	$ 14.13
Number Of Options Exercisable | shares	393,400
Weighted Average Remaining Contractual Life, Options Exercisable	6 years
Weighted Average Exercise Price, Options Exercisable	$ 14.05
Exercise Prices From 16.06 to 18.45 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Prices Lower Limit	16.06
Exercise Prices Higher Limit	$ 18.45
Number of Options Outstanding | shares	724,860
Weighted Average Remaining Contractual Life, Options Outstanding	6 years 9 months 18 days
Weighted Average Exercise Price, Options Outstanding	$ 17.37
Number Of Options Exercisable | shares	257,055
Weighted Average Remaining Contractual Life, Options Exercisable	3 years 2 months 12 days
Weighted Average Exercise Price, Options Exercisable	$ 17.07
Exercise Prices From 20.25 to 23.48 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Prices Lower Limit	20.25
Exercise Prices Higher Limit	$ 23.48
Number of Options Outstanding | shares	312,860
Weighted Average Remaining Contractual Life, Options Outstanding	7 months 6 days
Weighted Average Exercise Price, Options Outstanding	$ 22.57
Number Of Options Exercisable | shares	312,860
Weighted Average Remaining Contractual Life, Options Exercisable	7 months 6 days
Weighted Average Exercise Price, Options Exercisable	$ 22.57
Exercise Prices 27.34 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise Prices Lower Limit	$ 27.34
Number of Options Outstanding | shares	300,000
Weighted Average Remaining Contractual Life, Options Outstanding	3 years 4 months 24 days
Weighted Average Exercise Price, Options Outstanding	$ 27.34
Number Of Options Exercisable | shares	255,084
Weighted Average Remaining Contractual Life, Options Exercisable	3 years 3 months 18 days
Weighted Average Exercise Price, Options Exercisable	$ 27.34

Incentive Plan - Summary of Gra

Incentive Plan - Summary of Granted but Unvested Stock Award Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Shares, Outstanding at beginning of year	81,775	59,962	48,733
Number of Shares, Granted	70,890	40,380	28,228
Number of Shares, Vested	(23,587)	(16,438)	(14,296)
Number of Shares, Forfeited	(2,118)	(2,129)	(2,703)
Number of Shares, Outstanding at end of year	126,960	81,775	59,962
Weighted Average Grant Date Fair Value, Outstanding at beginning of year	$ 15.85	$ 13.84	$ 13.10
Weighted Average Grant Date Fair Value, Granted	17.39	17.70	14.78
Weighted Average Grant Date Fair Value, Vested	14.86	13.31	13.21
Weighted Average Grant Date Fair Value, Forfeited	15.16	14.18	13.85
Weighted Average Grant Date Fair Value, Outstanding at end of year	$ 16.90	$ 15.85	$ 13.84

Commitments, Contingencies an96

Commitments, Contingencies and Concentrations of Credit Risk - Summary of Commitments and Contingent Liabilities (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Debt Instrument [Line Items]
Fixed-Rate	$ 59,480
Adjustable-Rate	2,383
Floating-Rate	15,933
Unused Consumer and Construction Loan Lines of Credit (Primarily Floating-Rate) [Member]
Debt Instrument [Line Items]
Unused loan lines of credit (primarily floating-rate)	122,002
Unused Commercial Loan Lines of Credit (Primarily Floating-Rate) [Member]
Debt Instrument [Line Items]
Unused loan lines of credit (primarily floating-rate)	$ 169,658

Commitments, Contingencies an97

Commitments, Contingencies and Concentrations of Credit Risk - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Commitments [Line Items]
Fixed-rate loan commitments	90 days
Rental expense	$ 2,300,000	$ 2,000,000	$ 2,400,000
Interest payments period	7 years
Accrual Status [Member]
Other Commitments [Line Items]
Amount of interest-only one-to-four family mortgage loans	$ 15,500,000	17,600,000
Amount of stated income loans	22,700,000	27,300,000
Non-Accrual Status [Member]
Other Commitments [Line Items]
Amount of interest-only non-accrual one-to-four family mortgage loans	0	0
Amount of stated income non-accrual loans	$ 19,000	$ 259,000
Minimum [Member]
Other Commitments [Line Items]
Interest rates	3.25%
Interest payments period	5 years
Maximum [Member]
Other Commitments [Line Items]
Interest rates	5.49%
Interest payments period	10 years

Commitments, Contingencies an98

Commitments, Contingencies and Concentrations of Credit Risk - Summary of Projected Minimum Rental Commitments (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,016	$ 2,019
2,017	2,036
2,018	1,971
2,019	1,832
2,020	1,751
Thereafter	10,013
Total projected minimum rental commitments	$ 19,622

Reserve for Repurchased Loans99

Reserve for Repurchased Loans and Loss Sharing Obligations - Analysis of Reserve for Repurchased Loans and Loss Sharing Obligations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Disclosure Reserve For Repurchased Loans Analysis Of Reserve For Repurchased Loans [Abstract]
Balance at beginning of year	$ 1,032	$ 1,468	$ 1,203
Provision charged to operations			975
Loss on loans repurchased, settlements or payments under loss sharing arrangements	(56)	(436)	(915)
Recoveries	10		205
Balance at end of year	$ 986	$ 1,032	$ 1,468

Reserve for Repurchased Loan100

Reserve for Repurchased Loans and Loss Sharing Obligations - Additional Information (Detail) - SecurityLoan	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Outstanding number of loan repurchase requests	0	0

Earnings per Share - Reconcilia

Earnings per Share - Reconciliation of Shares Outstanding for Basic and Diluted Earnings per Share (Detail) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Weighted average shares outstanding	17,037	17,197	17,614
Less: Unallocated ESOP shares	(378)	(412)	(446)
Unallocated Incentive award shares and shares held by deferred compensation plan	(59)	(98)	(97)
Average basic shares outstanding	16,600	16,687	17,071
Average basic shares outstanding	16,600	16,687	17,071
Add: Effect of dilutive securities:
Incentive awards and shares held by deferred compensation plan	211	110	86
Average diluted shares outstanding	16,811	16,797	17,157

Earnings per Share - Additional

Earnings per Share - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Antidilutive stock options excluded from earnings per share calculations	926,000	767,000	852,000

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015
Debt Instrument Fair Value Carrying Value [Abstract]
Estimated selling costs percentage of other real estate owned and loans	15.00%
Estimated selling costs percentage of loans measured for impairment	15.00%

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Financial Liabilities Measured at Fair Value (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 29,902	$ 19,804
Items Measured on a Recurring Basis [Member] | U.S. Agency Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	29,902	19,804
Items Measured on a Non-Recurring Basis [Member] | Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	8,827	4,664
Items Measured on a Non-Recurring Basis [Member] | Loans Measured for Impairment Based on the Fair Value of Underlying Collateral [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	4,344	11,675
Level 2 Inputs [Member] | Items Measured on a Recurring Basis [Member] | U.S. Agency Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	29,902	19,804
Level 3 Inputs [Member] | Items Measured on a Non-Recurring Basis [Member] | Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	8,827	4,664
Level 3 Inputs [Member] | Items Measured on a Non-Recurring Basis [Member] | Loans Measured for Impairment Based on the Fair Value of Underlying Collateral [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 4,344	$ 11,675

Fair Value Measurements - Book

Fair Value Measurements - Book Value and Estimated Fair Value of Bank's Significant Financial Instruments Not Recorded at Fair Value (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Financial Assets:
Securities held-to-maturity	$ 397,763	$ 474,215
Financial Liabilities:
Time deposits	255,423	207,218
Securities sold under agreements to repurchase with retail customers	75,872	67,812
Book Value [Member]
Financial Assets:
Cash and due from banks	43,946	36,117
Securities held-to-maturity	394,813	469,417
Federal Home Loan Bank of New York stock	19,978	19,170
Loans receivable and mortgage loans held-for-sale	1,973,400	1,693,047
Financial Liabilities:
Deposits other than time deposits	1,661,255	1,512,917
Time deposits	255,423	207,218
Securities sold under agreements to repurchase with retail customers	75,872	67,812
Federal Home Loan Bank advances and other borrowings	346,885	332,738
Level 1 Inputs [Member]
Financial Assets:
Cash and due from banks	43,946	36,117
Financial Liabilities:
Securities sold under agreements to repurchase with retail customers	75,872	67,812
Level 2 Inputs [Member]
Financial Assets:
Securities held-to-maturity	397,763	474,215
Financial Liabilities:
Deposits other than time deposits	1,661,255	1,512,917
Time deposits	255,564	208,651
Federal Home Loan Bank advances and other borrowings	346,118	332,432
Level 3 Inputs [Member]
Financial Assets:
Federal Home Loan Bank of New York stock	19,978	19,170
Loans receivable and mortgage loans held-for-sale	$ 1,986,891	$ 1,709,819

Parent-Only Financial Inform106

Parent-Only Financial Information - Condensed Statements of Financial Condition (Detail) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets
Cash and due from banks	$ 43,946	$ 36,117	$ 33,958	$ 62,544
Investment securities	29,902	19,804
Other assets	10,900	11,883
Total assets	2,593,068	2,356,714
Liabilities and Stockholders' Equity
Borrowings	422,757	400,550
Other liabilities	8,066	11,447
Stockholder's equity	238,446	218,259	$ 214,350	$ 219,792
Total liabilities and stockholders' equity	2,593,068	2,356,714
OceanFirst Financial Corp. [Member]
Assets
Cash and due from banks	7	7
Advances to subsidiary Bank	16,196	22,776
Investment securities	1,000
ESOP loan receivable	3,503	3,707
Investment in subsidiary Bank	239,486	219,221
Other assets	866	229
Total assets	261,058	245,940
Liabilities and Stockholders' Equity
Borrowings	22,500	27,500
Other liabilities	112	181
Stockholder's equity	238,446	218,259
Total liabilities and stockholders' equity	$ 261,058	$ 245,940

Parent-Only Financial Inform107

Parent-Only Financial Information - Condensed Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Interest expense - borrowings									$ 4,733	$ 3,402	$ 4,919
Operating expenses	$ 15,885	$ 15,117	$ 14,208	$ 13,687	$ 14,396	$ 14,431	$ 14,830	$ 14,107	60,775	57,764	59,244
Benefit for income taxes	(2,777)	(2,582)	(2,779)	(2,745)	(2,491)	(2,790)	(2,767)	(2,563)	(10,883)	(10,611)	(8,613)
Net income	$ 5,230	$ 4,698	$ 5,133	$ 5,261	$ 4,932	$ 5,165	$ 5,117	$ 4,706	20,322	19,920	16,330
OceanFirst Financial Corp. [Member]
Condensed Financial Statements, Captions [Line Items]
Dividend income - subsidiary Bank									16,000	16,000	16,000
Interest and dividend income - investment securities									3	279	287
Net gain on sales of investment securities available-for-sale										1,031	46
Interest income - advances to subsidiary Bank									51	44	40
Interest income - ESOP loan receivable									306	322	336
Total income									16,360	17,676	16,709
Interest expense - borrowings									736	767	766
Operating expenses									1,452	1,365	1,358
Income before income taxes and undistributed earnings of subsidiary Bank									14,172	15,544	14,585
Benefit for income taxes									634	229	567
Income before undistributed earnings of subsidiary Bank									14,806	15,773	15,152
Undistributed earnings of subsidiary Bank									5,516	4,147	1,178
Net income									$ 20,322	$ 19,920	$ 16,330

Parent-Only Financial Inform108

Parent-Only Financial Information - Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 5,230	$ 4,698	$ 5,133	$ 5,261	$ 4,932	$ 5,165	$ 5,117	$ 4,706	$ 20,322	$ 19,920	$ 16,330
Net cash provided by operating activities									28,451	27,581	35,458
Cash flows from investing activities:
Proceeds from sale of investment securities available-for-sale										8,439	1,244
Purchase of investment securities									(9,972)	(20,547)	(28,292)
Net cash (used in) provided by investing activities									(95,300)	(111,373)	(31,421)
Cash flows from financing activities:
Decrease in borrowings									(5,000)
Dividends paid									(8,693)	(8,241)	(8,239)
Purchase of treasury stock									(6,459)	(9,178)	(8,108)
Exercise of stock options									396	349	65
Net cash provided by (used in) financing activities									74,678	85,951	(32,623)
Net increase in cash and due from banks									7,829	2,159	(28,586)
OceanFirst Financial Corp. [Member]
Cash flows from operating activities:
Net income									20,322	19,920	16,330
Decrease (increase) in advances to subsidiary Bank									6,580	(6,023)	3,264
Undistributed earnings of subsidiary Bank									(5,516)	(4,147)	(1,178)
Net (gain) on sales of investment securities available for sale										(1,031)	(46)
Change in other assets and other liabilities									(707)	373	(547)
Net cash provided by operating activities									20,679	9,092	17,823
Cash flows from investing activities:
Proceeds from sale of investment securities available-for-sale										8,439	1,244
Purchase of investment securities									(1,000)	(651)	(2,964)
Repayments on ESOP loan receivable									204	190	179
Cash consideration for acquisition									(127)
Net cash (used in) provided by investing activities									(923)	7,978	(1,541)
Cash flows from financing activities:
Decrease in borrowings									(5,000)
Dividends paid									(8,693)	(8,241)	(8,239)
Purchase of treasury stock									(6,459)	(9,178)	(8,108)
Exercise of stock options									396	349	65
Net cash provided by (used in) financing activities									(19,756)	(17,070)	(16,282)
Net increase in cash and due from banks									0	0	0
Cash and due from banks at beginning of year				$ 7				$ 7	7	7	7
Cash and due from banks at end of year	$ 7				$ 7				$ 7	$ 7	$ 7

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) $ / shares in Units, $ in Millions	Jan. 05, 2016USD ($)$ / shares	Dec. 31, 2015Banking_OfficeLoan_Office
Cape Bancorp [Member] | Central and Southern New Jersey Market [Member]
Subsequent Event [Line Items]
Number of full-service banking offices | Banking_Office		22
Number of loan offices | Loan_Office		5
Subsequent Event [Member]
Subsequent Event [Line Items]
Common stock exchanged for each share of Cape common stock	0.6375
Subsequent Event [Member] | Cape Bancorp [Member]
Subsequent Event [Line Items]
Cost of acquisition | $	$ 208.1
Cash to be received for each share of Cape common stock | $ / shares	$ 2.25

Selected Consolidated Quarte110

Selected Consolidated Quarterly Financial Data - Summary of Consolidated Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]
Interest income	$ 23,149	$ 21,970	$ 20,576	$ 20,168	$ 20,067	$ 20,142	$ 19,898	$ 19,746
Interest expense	2,461	2,395	2,143	2,035	2,043	2,042	1,739	1,681	$ 9,034	$ 7,505	$ 9,628
Net interest income	20,688	19,575	18,433	18,133	18,024	18,100	18,159	18,065	76,829	72,348	70,529
Provision for loans losses	300	300	300	375	825	1,000	275	530
Net interest income after provision for loan losses	20,388	19,275	18,133	17,758	17,199	17,100	17,884	17,535	75,554	69,718	67,729
Other income	4,118	4,152	4,171	3,985	4,620	5,286	4,830	3,841
Operating expenses (excluding merger related expenses)	15,885	15,117	14,208	13,687	14,396	14,431	14,830	14,107	60,775	57,764	59,244
Merger related expenses	614	1,030	184	50					1,878
Income before provision for income taxes	8,007	7,280	7,912	8,006	7,423	7,955	7,884	7,269
Provision for income taxes	2,777	2,582	2,779	2,745	2,491	2,790	2,767	2,563	10,883	10,611	8,613
Net income	$ 5,230	$ 4,698	$ 5,133	$ 5,261	$ 4,932	$ 5,165	$ 5,117	$ 4,706	$ 20,322	$ 19,920	$ 16,330
Basic earnings per share	$ 0.31	$ 0.28	$ 0.31	$ 0.32	$ 0.30	$ 0.31	$ 0.31	$ 0.27	$ 1.22	$ 1.19	$ 0.96
Diluted earnings per share	$ 0.31	$ 0.28	$ 0.31	$ 0.31	$ 0.30	$ 0.31	$ 0.30	$ 0.28	$ 1.21	$ 1.19	$ 0.95