![]() |
|
||||||||||||
Investor RelationsCorporate ProfileColonial Financial Services, Inc. (the "Company") was organized in March 2010 to be the successor corporation to Colonial Bankshares, Inc., the former stock holding company for Colonial Bank, FSB (the "Bank") upon completion of the mutual-to-stock conversion of Colonial Bankshares, MHC and the former mutual holding company for Colonial Bank, FSB. The conversion was completed on July 13, 2010. Colonial Financial Services, Inc. sold a total of 2,295,000 shares of common stock at $10.00 per share in the related offering. Concurrent with the completion of the offering, shares of Colonial Bankshares, Inc. common stock owned by public stockholders were exchanged for 0.9399 shares of Colonial Financial Services, Inc.'s common stock. As a result of the offering and the exchange, as of December 31, 2010, Colonial Financial Services, Inc. had 4,188,456 shares outstanding and a market capitalization of approximately $51.1 million. The Company's common stock trades in the NASDAQ Global market under the symbol "COBK." Founded in 1913, Colonial Bank, FSB operates as a community savings bank and its corporate philosophy has been traditionally focused on providing a competitive array of financial products and services to consumers and businesses within its market area. The Bank's business primarily consists of accepting deposits from customers and investing those funds primarily in mortgages on residential and commercial real estate, consumer loans and investment securities. The Bank operates through its branch network located in Cumberland and Gloucester counties in New Jersey and its Delaware operating subsidiary, CB Delaware Investments, Inc. For additional information about Colonial Financial Services, Inc., please contact:Edward J. Geletka President and CEO 856-205-0058 Ext. 5008 Corporate Headquarters: Colonial Financial Services, Inc. 2745 S. Delsea Drive Vineland, NJ 08360 Stock Exchange NASDAQ Trading Symbol COBK Transfer Agent: Registrar and Transfer Company 10 Commerce Drive Cranford, NJ 07016-3572 Phone: 1-800-368-5948 |
|
||||||||