EX-99.1

NASDAQ: OCFC

OceanFirst Financial Corp.

John

Garbarino

–

Chairman,

CEO

Michael

Fitzpatrick

–

Executive

Vice

President,

CFO

STERNE AGEE

FINANCIAL INSTITUTIONS INVESTOR CONFERENCE

FEBRUARY 11-13, 2013

Exhibit 99.1

NASDAQ: OCFC

OceanFirst Financial Corp.

Forward Looking Statements:

This presentation contains certain forward-looking statements within the meaning of the

Private Securities Reform Act of 1995, which are based on certain assumptions and

describe future plans, strategies and expectations of the Company. These forward-

looking statements are generally identified by use of the words “believe”, “expect”,

“intend”, “anticipate”, “estimate”, “project”, “will”, “should”, “may”, “view”, “opportunity”,

“potential”, or similar expressions or expressions of confidence. The Company’s ability

to predict results or the actual effect of future plans or strategies is inherently uncertain.

Factors which could have a material adverse effect on the operations of the Company

and

the

subsidiaries

include,

but

are

not

limited

to,

changes

interest

rates,

general

economic conditions, levels of unemployment in the Bank’s lending area, real estate

market values in the Bank’s lending area, legislative/regulatory changes, monetary and

fiscal

policies

the

U.S.

Government

including

policies

the

U.S.

Treasury

and

the

Board

Governors

the

Federal

Reserve

System,

the

quality

composition

the

loan

investment

portfolios,

demand

for

loan

products,

deposit

flows,

competition,

demand for financial services in the Company’s market area and accounting principles

and guidelines. These risks and uncertainties are further discussed in the Company’s

Annual Report on Form 10-K for the year ended December 31, 2011 and its subsequent

securities filings and should be considered in evaluating forward-looking statements and

undue reliance should not be placed on such statements. The Company does not

undertake

–

and

specifically

disclaims

any

obligation

–

publicly

release

the

result

any revisions which may be made to any forward-looking statements to reflect events or

circumstances after the date of such statements or to reflect the occurrence of

anticipated or unanticipated events.

NASDAQ: OCFC

110 Years of Growth and Capital Management

Founded in Point Pleasant, NJ, in 1902, OceanFirst has grown from a small one-town savings

and loan to a full-service community bank serving the Central New Jersey shore.

Rebuilt capital through the Great Recession with retained earnings and completion of a

follow-on common stock offering in November 2009.

OceanFirst issued stock for the first time in 1996 and over the ensuing ten years generated

value for our shareholders, largely through the successful implementation and execution of

our community bank model, and the strategic repurchase of 62.4% of original IPO shares.

Began the redeployment of the excess capital rebuilt since 2008 with an October 2011 5% share

repurchase plan, followed by a similar plan in November 2012. As of December 31, 2012,

834,784 shares remain available for repurchase under the current authorization.

NASDAQ: OCFC

Community Bank serving the

Central

Jersey

Shore

$2.3

billion

in assets and 24 branch offices

Market Cap $257.4 million (as of

February 6, 2013)

Core

deposit

funded

–

86.8%

total deposits

Locally originated loan portfolio

with no brokered loans

Residential and commercial

mortgages

Consumer equity loans and

lines

C&I loans and lines

Corporate Profile

Note: See Appendix 1 for Market Demographic information.

NASDAQ: OCFC

Experienced Executive Management Team

Executive search initiated in August for the position of President/COO

Expected to be successfully concluded 1Q ‘13

Insider ownership of 25.7% is

substantial –

aligned with shareholders’

interest

OceanFirst Bank ESOP 10.2%

Directors & Current Senior Executive Officers 8.5% (CEO 5.1%)

Director and Proxy Officer Stock Ownership Guidelines

OceanFirst Foundation 7.0%

the

March

15,

2012

proxy

record

date.

Name

Position

# of Years in

Banking

# of Years

at OCFC

John R. Garbarino

Chairman, Chief Executive Officer

Michael J. Fitzpatrick

Executive Vice President, Chief Financial Officer

NASDAQ: OCFC

Our Strategy

Positioned as the leading Community Bank in attractive Central

Jersey

Shore

market

–

growing

revenue

and

creating

additional

value for our shareholders

Offering a full range of consumer and commercial banking products

generating diversified income streams

Guarding

credit

quality

ALL

business

cycles

Transitioning the balance sheet with emphasis on core deposit

funding and commercial lending growth

On the watch for roll-up opportunities presented by in-market

“regulatory fatigued”

competitors

NASDAQ: OCFC

Earnings per share was $1.21 (excluding the adverse impact of severance

expense and superstorm Sandy), a 6.1% increase over the prior year.

Reported earnings per share was $1.12

Return on average stockholders’

equity was 9.2%

Tangible book value continues to grow, increasing 5.8% to $12.28

Strong capital position –

tangible common equity of 9.7% of assets

Renewed 5% Stock Repurchase Plan in November 2012

Credit quality stabilized with NPL’s decreasing $634,000

Grew core deposits (i.e. all deposits excluding time deposits)

$56.3 million,

now comprising 86.8% of total deposits

Highlights –

2012

NASDAQ: OCFC

Substantial Primary Market Deposit Share

June 30, 2012

# of

Dep. In Mkt.

Mkt. Shr.

Rank

Institution

Branches

($000)

(%)

Ocean County, NJ

Hudson City Bancorp Inc. (NJ)

2,610,613

18.65

Wells Fargo Bank NA (CA)

2,360,712

16.87

TD Bank, National Association (Canada)

2,149,131

15.36

OceanFirst Financial Corp. (NJ)

1,477,780

10.56

Banco Santander S.A. (Spain)

1,321,262

9.44

Bank of America Corp. (NC)

1,161,899

8.30

Investors Bancorp Inc. (MHC) (NJ)

654,369

4.68

PNC Financial Services Group (PA)

436,177

3.12

Manasquan Savings Bank (NJ)

252,922

1.81

JPMorgan Chase Bank, National Association (OH)

230,732

1.65

Total For Institutions In Market

200

13,996,221

Source: FDIC

NASDAQ: OCFC

Interest

Bearing

Demand

Deposits,

35.4%

Non-Interest

Bearing

Demand

Deposits,

8.1%

Jumbo Time

Deposits(1),

7.7%

Retail Time

Deposits,

27.7%

MMDA &

Savings,

21.1%

Strategic Deposit Composition Transition

Interest

Bearing

Demand

Deposits,

7.6%

Non-Interest

Bearing

Demand

Deposits,

0.7%

Jumbo Time

Deposits(1),

4.7%

Retail Time

Deposits,

61.4%

MMDA &

Savings,

25.6%

Interest

Bearing

Demand

Deposits,

54.7%

Non-Interest

Bearing

Demand

Deposits,

10.4%

Jumbo Time

Deposits(1),

3.3%

Retail Time

Deposits, 9.8%

MMDA &

Savings,

21.8%

(1) Jumbo CDs have a balance of $100,000 or greater.

December 31, 2007

December 31, 2012

December 31, 1996

NASDAQ: OCFC

Residential

R.E., 52.8%

Consumer &

Other(1),

12.8%

Commercial

R.E., 30.7%

Commercial

& Industrial,

3.7%

Strategic Loan Composition Transition

Commercial

& Industrial,

0.4%

Commercial

R.E., 4.3%

Consumer &

Other(1),

5.7%

Residential

R.E., 89.6%

Commercial

& Industrial,

3.2%

Commercial

R.E., 19.3%

Consumer &

Other(1),

12.6%

Residential

R.E., 64.9%

(1)

Consumer and other loans primarily consist of home equity lines and loans.

Note:

See Appendix 2 for specific portfolio metrics and commercial portfolio segmentation.

December 31, 2007

December 31, 2012

December 31, 1996

NASDAQ: OCFC

Stabilized NPL’s in a Diversified Portfolio

Non-performing loan (“NPL”).

Data as of December 31.

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

2008

2009

2010

2011

2012

Residential - Primary Bank delivery channel

Consumer

Commercial Real Estate and Construction

Commercial

Exposure Concentrated in Lower Risk One-to-Four Family

NPL’s

originated by

alternative

Bank delivery

channels.

NASDAQ: OCFC

Prudently Provisioning for Credit Costs

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

$9,000

$10,000

Total Recoveries

Charge-Offs - One-to-Four Family

Charge-Offs - Consumer

Charge-Offs - Commercial Real Estate

Charge-Offs - Commercial

Provision for Loan Losses

Provision for Loan Losses relating to superstorm Sandy

12/31/08

12/31/09

12/31/10

12/31/11

(1)

Increase in charge-offs was primarily due to a change in the Company’s charge-off policy to recognize the

charge-off when the loan is deemed uncollectible rather than when the foreclosure process is complete.

The additional charge-off relating to the change in policy through 2011 was $5.7 million, all of which was

previously specifically reserved for by the Company.

12/31/12

NASDAQ: OCFC

Effective Disaster Contingency Plan minimized office closures

32% operating the day after the storm

100% operational within 7 days

Leadership presence in market –

meeting customer needs ASAP

OceanFirst Foundation Relief and Recovery Program

Pledged

$500,000

grants

through

local

partner

non-profit

agencies

targeting human needs

Traditional Risk Management mitigates exposure to credit loss

Prudent underwriting in markets we have understood for 110 years

Federal flood insurance, private coverage, business interruption

Assessing exposure on a loan-by-loan basis, as a community bank should

Additional year-end provision of $1.8 million viewed as adequate

Sandy in the Rearview Mirror

Refer to Appendix 3 for a more detailed analysis of the impact from Sandy.

NASDAQ: OCFC

Net Interest Margin

Remaining Under Pressure in Low Interest Rate Environment

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

2008

2009

2010

2011

2012

NASDAQ: OCFC

Diversified Streams of Non-Interest Income

2011

0.00%

0.10%

0.20%

0.30%

0.40%

0.50%

0.60%

0.70%

0.80%

1996

2012

Fees and Service Charges

Gain on Sale of Loans

BOLI

Other

BankCard Services

Investment Services

Trust

Non-Interest Income excludes loss from other real estate operations and gain on sale of equity securities.

NASDAQ: OCFC

Maintaining Attractive ROE’s and ROA’s

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

2008

2009

2010

2011

2012

Return on Equity

Return on Assets

(1) Secondary capital raise restrained ROE

(1)

0.0%

0.20%

0.40%

0.60%

0.80%

1.00%

1.20%

1.40%

NASDAQ: OCFC

Challenge Today is to Grow Revenue

Build Shareholder Value

Target growth within existing footprint –

building market share

Thirteen

novo

branches

since

2000

have

performed

well

–

still

present

opportunity for additional growth

Expanding presence in Monmouth County with a full service Financial

Solutions Center in Red Bank to open in Spring 2013

Opportunity

meet

extraordinary

loan

demand

–

Sandy

recovery

Non-interest income streams have been diversified, ever more important

as margin remains under pressure

Assessing opportunistic roll-up of community banks in market

Share repurchases safely deploy excess capital in the short term

Financial performance to Plan builds value and preserves the right to

remain independent

NASDAQ: OCFC

Note:

Financial data as of the most recent period available; market data as of February 6, 2013.

Source: Sandler O’Neill.

Attractive Valuation Metrics

OCFC

Peers

(1)

Valuation

Price / Tang. Book Value

117%

129%

Price / Estimated EPS

12.5x

13.2x

Cash Dividend Yield

3.3%

3.1%

(1)

Peers include: DCOM, FFIC, FLIC, HVB, LBAI, ORIT, PBNY, PGC, RCKB, SNBC, STL, SUBK, UVSP and WSFS

NASDAQ: OCFC

Why OCFC…?

Fundamental

franchise

value

–

superior

market

demographics

Crisis tested management team

Sandy response and experience

Substantial

insider

ownership

–

aligned

with

shareholders

Attractive deposit mix and market share

Conservative credit culture and profile

Solid

financial

performance

–

developing

shareholder

value

Strong balance sheet and capital base

Attractive current valuations

NASDAQ: OCFC

THANK YOU

FOR YOUR INTEREST IN

OCEANFIRST FINANCIAL CORP.

NASDAQ: OCFC

Market Demographics

APPENDIX 1

Ocean

Monmouth

Middlesex

New Jersey

National

Number of Offices

% of OceanFirst Deposits

85.7

11.1

3.2

Market Rank

Market Share (%)

10.6

1.0

0.2

Population

578,728

649,429

794,605

Projected 2010-2015

Population Growth (%)

4.0

2.0

1.8

1.2

3.8

Median Household Income ($)

60,936

82,974

78,561

72,519

54,442

Projected 2010-2015 Median

Household Income Growth (%)

15.5

14.3

17.5

14.7

12.4

Deposit data as of June 30, 2012.

Demographic data as of June 30, 2010.

Source: SNL Financial

NASDAQ: OCFC

Average size of mortgage loans

$183,000

Interest-only loans - Amount

$36.5 million

- % of total 1-4 family loans

4.4%

- Weighted average loan-to-value ratio (using original or most recent appraisal)

63%

Stated income loans - Amount

$45.7 million

- % of total 1-4 family loans

5.6%

Loans in flood hazard area

$226.2 million

- % of total loans

27.4%

- Weighted average loan-to-value ratio (using latest appraisal)

42%

Portfolio weighted average loan-to-value ratio (using original or most recent appraisal)

56%

- Originated for the year ended December 31, 2011

61%

- Originated for the year ended December 31, 2012

59%

Average FICO score

748

- Loans originated for the year ended December 31, 2011

764

- Loans originated for the year ended December 31, 2012

767

% of loans outside the New York/New Jersey market

4.7%

% of loans outside Ocean/Monmouth Counties

36.5%

% of jumbo loans at time of origination

43.8%

% of loans for second homes

7.6%

Home equity loan and line balances in flood hazard area

$40.0 million

- % of total equity balances

19.9%

APPENDIX 2

Residential Portfolio Metrics

As of December 31, 2012, unless

otherwise noted.

One-to-Four

Family

(1-4)

NASDAQ: OCFC

Commercial Real Estate (CRE)

Total portfolio

(1)

$475.2 million

Average size of CRE loans

$769,000

Largest CRE loan

$16.6 million

(Secured by local university dormitory housing)

Total exposure to CRE in flood hazard area

$101.6 million

- % Total CRE Portfolio

21.4%

- Weighted average loan-to-value ratio (using latest appraisal)

54%

Commercial Loans

Total portfolio

(1)

$58.0 million

Average size of commercial loan

$235,000

Largest commercial loan

$4.9 million

(1)

Commercial portfolio relationships total 388, excluding small business loans.

APPENDIX 2

(Cont’d)

Commercial Portfolio Metrics

As of December 31, 2012.

NASDAQ: OCFC

Commercial Portfolio Segmentation

Real Estate

Investment, 31.1%

Arts/Entertainment/

Recreation, 7.7%

Other Services, 3.8%

Retail Trade, 3.7%

Public

Administration, 6.5%

Miscellaneous, 6.8%

Manufacturing, 4.3%

Educational Services,

4.8%

Accommodations/

Food Services, 7.8%

Healthcare, 9.4%

Wholesale Trade,

6.4%

Construction, 7.7%

Total Commercial Loan Exposure

by Industry Concentration

Real Estate Investment by

Property Concentration

Office, 34.6%

Shopping Center, 9.3%

Retail Store, 8.1%

Multi-Family, 6.1%

Miscellaneous, 8.7%

Commercial

Development, 10.3%

Industrial/

Warehouse, 14.2%

Residential

Development, 8.7%

As of December 31, 2012.

APPENDIX 2

(Cont’d)

NASDAQ: OCFC

Impact of Superstorm Sandy

APPENDIX 3

Residential

borrowers

provided

with

initial

two-month

payment

delay

–

45-day

secondary

contact:

Borrowers (as of February 7, 2013)

123

Principal Balance

$29.3 million

Average Loan Size

$238,000

Weighted average loan-to-value ratio (using original or most recent appraisal)

61%

Percent in flood zone

70%

Results of follow-up contacts (as of February 7, 2013):

Borrowers

Balance (000’s)

Loan was brought current

$ 9,460

Repayment

plan

agreed

–

loan

brought

current

within

four

months

11,335

Borrower indicated financial hardship; repayment plan not yet established;

Bank

will

consider

loan

modification

(1)

2,363

Total

107

$23,158

Remaining to be contacted

$ 6,183

(1)

For these borrowers, the range of loan-to-value ratios was 13% to 88% using only an absolute minimal evaluation assumption of estimated land

value and anticipated flood insurance proceeds.

Commercial loan borrowers:

Number of

Borrowers

Amount

Outstanding (000’s)

Loan-to-Value

Range

(2)

Borrowers

reporting

substantial

damage

–

all

paid

current

$3,555

6% to 25%

Borrowers requesting short-term payment relief

$5,007

23% to 88%

(2)

Based on original or most recent appraisal prior to the impact of Sandy.