{"schema_version":"secwatch.filing_event.v1","accession":"0001004702-23-000142","form_type":"8-K","ticker":"OCFC","cik":"0001004702","company_name":"OCEANFIRST FINANCIAL CORP","filed_at":"2023-09-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.827308+00:00","generated_at":"2026-06-10T17:12:13.278255+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"OceanFirst expects $7.7M-$8.5M Q3 charge-off on $17M NYC office loan participation","bullets":["Expects Q3 charge-off of 45%-50% of $17M exposure on a $98M credit secured by Midtown Manhattan office building.","Loan originated June 2019, matured in Q3, placed on non-accrual, will be in non-performing assets as of Sep 30, 2023.","The $17M participation is 13% of OceanFirst's $130M central business district office loan portfolio as of Aug 31, 2023.","No other material losses currently identified; company continues evaluating the office portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0001004702-23-000142","json":"https://secwatch.observer/filing/0001004702-23-000142.json","markdown":"https://secwatch.observer/filing/0001004702-23-000142.md","text":"https://secwatch.observer/filing/0001004702-23-000142.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004702/000100470223000142/0001004702-23-000142-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1004702/000100470223000142/ocfc-20230914.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T17:12:13.278255+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}