0001144204-12-016382.txt : 20120321 0001144204-12-016382.hdr.sgml : 20120321 20120321152122 ACCESSION NUMBER: 0001144204-12-016382 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120320 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120321 DATE AS OF CHANGE: 20120321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ocean Shore Holding Co. CENTRAL INDEX KEY: 0001444397 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 800282446 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53856 FILM NUMBER: 12705879 BUSINESS ADDRESS: STREET 1: 1001 ASBURY AVENUE CITY: OCEAN CITY STATE: NJ ZIP: 08226 BUSINESS PHONE: 800-771-7990 MAIL ADDRESS: STREET 1: 1001 ASBURY AVENUE CITY: OCEAN CITY STATE: NJ ZIP: 08226 8-K 1 v306712_8k.htm

 

 UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 20, 2012

 

OCEAN SHORE HOLDING CO.

(Exact name of registrant as specified in its charter)

 

 

New Jersey 000-53856 80-0282446

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

1001 Asbury Avenue, Ocean City, New Jersey 08226

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (609) 399-0012

 

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

Item 8.01     Other Events.

 

On March 20, 2012, Ocean Shore Holding Co. (the “Company”) announced that its Board of Directors has authorized a new stock repurchase program under which the Company will repurchase up to 365,000 shares of the Company’s outstanding common stock, or approximately 5% of outstanding shares. The press release announcing the authorization of the stock repurchase programs is filed as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01     Financial Statements and Exhibits

 

Exhibits 

 


Number Description
   
 99.1Press Release dated March 20, 2012 

 

 
 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  

 

  OCEAN SHORE HOLDING CO.
  (Registrant
   
   
Date: March 20, 2012 By:  /s/ Donald F. Morgenweck
    Donald F. Morgenweck
Senior Vice President and
Chief Financial Officer

 

 

 

EX-99.1 2 v306712_ex99-1.htm

 

Exhibit 99.1

 

 

OCEAN SHORE HOLDING CO.

ANNOUNCES STOCK REPURCHASE PROGRAM

 

March 20, 2012, Ocean City, NJ. Ocean Shore Holding Co. (Nasdaq: OSHC) today announced that the Company’s board of directors has approved the repurchase of up to 365,000 shares of the Company’s outstanding common stock, which is approximately 5% of outstanding shares. Purchases will be conducted solely through a Rule 10b5-1 repurchase plan with Sandler O’Neill & Partners, L.P. Purchases will be based upon the parameters of the Rule 10b5-1 repurchase plan.

 

 

The Rule 10b5-1 repurchase plan allows the Company to repurchase its shares during periods when it would normally not be active in the market due to its internal trading blackout period.

 

Ocean Shore Holding Co. is the holding company for Ocean City Home Bank, a federal savings bank headquartered in Ocean City, New Jersey. Ocean City Home Bank operates a total of twelve full-service banking offices in eastern New Jersey.

 

 

Contacts:

Steven E. Brady, President and CEO

Donald F. Morgenweck, CFO

(609) 399-0012