Oceanfirst Bank NA
Toms River, New Jersey · FDIC Cert #28359
This is the FDIC profile for Oceanfirst Bank NA, an FDIC-insured bank (Certificate #28359) with $13.2B in total assets and $10.1B in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Toms River, New Jersey, the bank maintains a Tier 1 capital ratio of 11.92% (Well-Capitalized) and a nonperforming loan ratio of 0.33%. BankHealthData assigns a composite Health Grade of B (71/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Oceanfirst Bank NA (FDIC cert 28359) is a large bank with $13.2B in total assets and $10.1B in deposits, headquartered in Toms River, New Jersey. Banks at this scale typically operate across multiple states and face enhanced regulatory scrutiny under the federal banking-supervisory framework.
Capital position is adequate: Tier 1 capital ratio of 11.92% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is clean: non-performing loan ratio of 0.33% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 15.2% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is solid: ROA of 1.08% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Oceanfirst Bank NA carries a composite BankHealth grade of B (71/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Oceanfirst Bank NA
- Total Assets
- $13.2B
- Total Deposits
- $10.1B
- Tier 1 Capital Ratio
- 11.92%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.33%
- Liquidity Ratio
- 15.15%
- Return on Assets
- 1.08%
- Headquarters
- Toms River, New Jersey
- FDIC Certificate
- #28359
- Health Grade
- B (71/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Oceanfirst Bank NA files quarterly Call Reports with the FDIC under Certificate #28359. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Oceanfirst Bank NA holds a Tier 1 capital ratio of 11.92%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Oceanfirst Bank NA has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Oceanfirst Bank NA shows strong financial health indicators. With $13.2B in assets and a Health Score of 71/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Oceanfirst Bank NA Compares
Oceanfirst Bank NA’s Health Score of 71 is 7 points below the New Jersey state average of 78 across 48 FDIC-insured banks. Its 11.92% Tier 1 capital ratio is 2.1 points below the US banking industry average near 14%. The 0.33% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 1.08% is below the national ROA benchmark of ~1.1%. Among 129 similarly-sized banks, the average Health Score is 78, meaning this bank ranks below its size cohort. Site-wide, Oceanfirst Bank NA is 9 points below the portfolio average of 80.
Frequently Asked Questions
Oceanfirst Bank NA has a Bank Health Score of B (71/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 11.92%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Oceanfirst Bank NA's Tier 1 capital ratio of 11.92% and nonperforming loan ratio of 0.33% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Oceanfirst Bank NA is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #28359). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Oceanfirst Bank NA holds $13.2B in total assets and $10.1B in total deposits. It is headquartered in Toms River, New Jersey (FDIC Certificate #28359).
Oceanfirst Bank NA's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #28359 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Oceanfirst Bank NA has a Tier 1 capital ratio of 11.92%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.33%, and the return on assets is 1.08%.
Yes. Oceanfirst Bank NA is FDIC-insured (Certificate #28359). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Oceanfirst Bank NA's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.