OceanFirst Financial completed the merger with Two River Bancorp and Country Bank Holding in a $197m deal.

OceanFirst Financial, the parent company of OceanFirst Bank, completed the merger with Two River Bancorp, a Tinton Falls, New Jersey bank, and Country Bank Holding, a New York State-chartered commercial bank in a $197m deal. “We are excited for both Two River and CYHC shareholders to join the OceanFirst family, as both institutions share a similar operating philosophy and this provides us an opportunity to further enhance our presence in New Jersey and build upon our lending initiatives in metropolitan New York. We believe the addition of these two high-performing franchises will further leverage the significant investments we have made in people, processes and technology and positively impact our earnings potential. We look forward to continuing to provide our customers with extraordinary service and deliver enhanced value to our stockholders,” Christopher D. Maher, OceanFirst Chairman and Chief Executive Officer.