TOMS RIVER, N.J. - OceanFirst Bank of Brick, N.J., has completed its acquisition of Columbia Equities Ltd., of Tarrytown, N.Y. for an undisclosed price. Columbia will operate as a separate mortgage banking subsidiary. For the year ended May 31 the bank originated $275 million of loans. It retains servicing rights on loans with unpaid principal balances of about $745 million.

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