New Jersey

Haven Bancorp in Hoboken has agreed to buy Hilltop Community Bancorp (HTBC) in Summit in a merger of New Jersey banks.

Nancy Graves, who until last week served as assistant director of New Jersey's Department of Banking and Insurance, has joined Pascack Bancorp (PSBR) in Waldwick as president and chief executive.

Delanco Bancorp in N.J. (DLNO) said Wednesday it would reorganize itself from a mutual holding company structure via the sale of stock in a new company to be formed in connection with the conversion.

Community Bank of Bergen County in Maywood, N.J., has sold a $3.2 million portfolio of nonperforming loans.

Cornerstone Financial in Mount Laurel, N.J., said it will net renew the current contract for George Matteo, the company's chairman, president and chief executive.

The president and chief operating officer of Peapack-Gladstone Financial (PGC) will leave the Bedminster, N.J., company at the end of the year.

Northfield Bancorp (NFBK), a mutual holding company in Avenel, N.J., is taking the final step in its conversion to a fully public company.

The Bedminster, N.J., bank holding company said Thursday that Douglas Kennedy will take over as chief executive on Oct. 9.

Roma Financial Corp. (ROMA) said that one of its banks has entered into a written agreement with the Office of the Comptroller of the Currency.

Lakeland Bancorp (LBAI) in Oak Ridge, N.J., recorded higher second-quarter earnings as credit quality improved and loans increased.

Roma Financial (ROMA) in Robbinsville, N.J., announced late Monday that its president and chief executive, Peter Inverso, will step down next year and that its board will form a search committee to find a replacement.

Kearny Financial (KRNY) of Fairfield, N.J., has decided to skip its next quarterly dividend payment despite a proposal from the Federal Reserve Board that would prohibit thrift holding companies from missing dividend payments.

Center Bancorp (CNBC) of Union, N.J., has taken another step in its plan to bulk up in northern New Jersey.

Two years after postponing its planned conversion to a 100% stock-owned company, Northfield Bancorp, a mutual holding company in Avenel, N.J., is finally ready to take that second step.

Clifton Savings Bancorp (CSBK) in New Jersey said Wednesday that it is making a concerted effort to increase its lending in low- and moderate-income neighborhoods so that it can improve its Community Reinvestment Act rating and follow through with its plan to become a 100% stock-owned company.

Just days after announcing a major expansion in mortgage lending, Sun Bancorp (SNBC) in Vineland, N.J., said that it is beefing up its commercial lending team as well.

Investors Bancorp (ISBC) in Short Hills, N.J., reported a profit of $18.9 million in the quarter that ended March 31, up about 4% from the same period last year, as an acquisition and continued organic growth helped boost earning assets.

Shares of Sun Bancorp (SNBC) plunged early Wednesday after the Vineland, N.J., company reported a wider-than-expected loss in the first quarter due to ongoing weakness in its loan portfolio.

Peapack-Gladstone Financial (PGC) of Bedminster, N.J., has paid $110,000 to repurchase the warrant it issued to the Treasury Department as part of the Troubled Asset Relief Program.

Regulators have terminated a consent order with Magyar Bancorp Inc.'s banking unit after the New Brunswick, N.J., company reduced its nonperforming assets and increased its capital levels.