CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
Seidman and Associates, L.L.C.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
58,861
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
58,861
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
58,861
|
|
12
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.45%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
Seidman Investment Partnership, L.P.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
48,751
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
48,751
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,751
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.20%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
Seidman Investment Partnership II, L.P.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
40,093
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
40,093
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,093
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.00%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
LSBK06-08, L.L.C.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
36,592
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
36,592
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,592
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.90%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
Broad Park Investors, L.L.C.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
34,595
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
34,595
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,595
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.85%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
CBPS, L.L.C.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
New York
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
34,260
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
34,260
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,260
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.85%
|
|
14
|
TYPE OF REPORTING PERSON
OO
|
CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
2514 Multi-Strategy Fund, L.P.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
25,160
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
25,160
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,160
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.62%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
Veteri Place Corporation
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
OO
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
159,696
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
159,696
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
159,696
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.94%
|
|
14
|
TYPE OF REPORTING PERSON
CO
|
CUSIP No. 67424G101
|
1
|
NAME OF REPORTING PERSONS
Lawrence B. Seidman
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
(b)
|
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
OO
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
|
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7
|
SOLE VOTING POWER
279,312
|
8
|
SHARED VOTING POWER
- 0 -
|
|
9
|
SOLE DISPOSITIVE POWER
279,312
|
|
10
|
SHARED DISPOSITIVE POWER
- 0 -
|
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
279,312
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.90%
|
|
14
|
TYPE OF REPORTING PERSON
IN
|
Item 5.
|
Interest in Securities of the Issuer.
|
A.
|
SAL
|
(a)
|
As of the close of business on September 11, 2013, SAL beneficially owned 58,861 Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 58,861
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 58,861
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
There have not been any transactions in the Shares by SAL during the past 60 days.
|
B.
|
SIP
|
(a)
|
As of the close of business on September 11, 2013, SIP beneficially owned 48,751 Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 48,751
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 48,751
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
There have not been any transactions in the Shares by SIP during the past 60 days.
|
C.
|
SIPII
|
(a)
|
As of the close of business on September 11, 3013, SIPII beneficially owned 40,093 Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 40,093
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 40,093
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
There have not been any transactions in the Shares by SIPII during the past 60 days.
|
D.
|
LSBK
|
(a)
|
As of the close of business on September 11, 2013, LSBK beneficially owned 36,592 Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 36,592
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 36,592
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
There have not been any transactions in the Shares by LSBK during the past 60 days.
|
E.
|
Broad Park
|
(a)
|
As of the close of business on September 11, 2013, Broad Park beneficially owned 34,595 Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 34,595
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 34,595
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
There have not been any transactions in the Shares by Broad Park during the past 60 days.
|
F.
|
CBPS
|
(a)
|
As of the close of business on September 11, 2013, CBPS beneficially owned 34,260 Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 34,260
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 34,260
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
There have not been any transactions in the Shares by CBPS during the past 60 days.
|
G.
|
2514 MSF
|
(a)
|
As of the close of business on September 11, 2013, 2514 MSF beneficially owned 25,160 Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 25,160
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 25,160
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
There have not been any transactions in the Shares by 2514 MSF during the past 60 days.
|
H.
|
Veteri
|
(a)
|
Veteri, (i) as the Corporate General Partner of each of SIP and SIPII, may be deemed the beneficial owner of the 48,751 Shares owned by SIP and the 40,093 Shares owned by SIPII, and (ii) as the Trading Advisor of LSBK and CBPS, may be deemed the beneficial owner of the 36,592 Shares owned by LSBK and the 34,260 Shares owned by CBPS. Accordingly, Veteri may be deemed the beneficial owner of an aggregate of 159,696 Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 159,696
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 159,696
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
Veteri has not entered into any transactions in the Shares during the past 60 days. SIP, SIPII, LSBK and CBPS have not entered into any transactions in the Shares in the past 60 days.
|
I.
|
Seidman
|
(a)
|
Seidman, individually owns 1,000 Shares, (i) as the manager of SAL, may be deemed the beneficial owner of the 58,861 Shares owned by SAL, (ii) as the sole officer of Veteri, the corporate general partner of each of SIP and SIPII, may be deemed the beneficial owner of the 48,751 Shares owned by SIP and the 40,093 Shares owned by SIPII, and (iii) as the sole officer of Veteri, the Trading Advisor of LSBK and CBPS, may be deemed the beneficial owner of the 36,592 Shares owned by LSBK and the 34,260 Shares owned by CBPS, and (iv) as the investment manager for each of Broad Park and 2514 MSF, may be deemed the beneficial owner of the 34,595 Shares owned by Broad Park and the 25,160 Shares owned by 2514 MSF. Accordingly, Seidman may be deemed the beneficial owner of an aggregate of 279,312 Shares. In the foregoing capacities, Seidman has sole and exclusive investment discretion and voting authority with respect to all such Shares.
|
(b)
|
1. Sole power to vote or direct the vote: 279,312
|
|
2. Shared power to vote or direct the vote: 0
|
|
3. Sole power to dispose or direct the disposition: 279,312
|
|
4. Shared power to dispose or direct the disposition: 0
|
(c)
|
Seidman has not entered into any transactions in the Shares during the past 60 days. SAL, SIP, SIPII, LSBK, Broad Park, CBPS and 2514 MSF have not entered into any transactions in the Shares during the past 60 days.
|
(d)
|
No person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.
|
(e)
|
Not applicable.
|
Item 7.
|
Material to be Filed as Exhibits.
|
Exhibit A
|
September 12, 2013 letter from Lawrence Seidman to the Board of Directors of the Issuer.
|
CUSIP No. 67424G101 |
Signature Page to OBA Financial Services Inc. Schedule 13D Amendment No. 3 |
Dated: September 12, 2013
|
SEIDMAN AND ASSOCIATES, L.L.C.
|
|
By:
|
/ss/ Lawrence B. Seidman | |
Lawrence B. Seidman
Manager
|
SEIDMAN INVESTMENT PARTNERSHIP, L.P.
|
||
By:
|
Veteri Place Corporation, its
General Partner
|
|
By:
|
/ss/ Lawrence B. Seidman | |
Lawrence B. Seidman
President
|
SEIDMAN INVESTMENT PARTNERSHIP II, L.P.
|
||
By:
|
Veteri Place Corporation, its
General Partner
|
|
By:
|
/ss/ Lawrence B. Seidman | |
Lawrence B. Seidman
President
|
LSBK06-08, L.L.C.
|
||
By: |
Veteri Place Corporation, its
Trading Advisor
|
|
By:
|
/ss/ Lawrence B. Seidman | |
Lawrence B. Seidman
President
|
BROAD PARK INVESTORS, L.L.C.
|
||
By:
|
/ss/ Lawrence B. Seidman | |
Lawrence B. Seidman
Investment Manager
|
CBPS, L.L.C.
|
||
By: |
Veteri Place Corporation, its
Trading Advisor
|
|
By:
|
/ss/ Lawrence B. Seidman | |
Lawrence B. Seidman
President
|
2514 MULTI-STRATEGY FUND, L.P.
|
||
By:
|
/ss/ Lawrence B. Seidman | |
Lawrence B. Seidman
Investment Manager
|
VETERI PLACE CORPORATION
|
||
By:
|
/ss/ Lawrence B. Seidman | |
Lawrence B. Seidman
President
|
/ss/ Lawrence B. Seidman | |
LAWRENCE B. SEIDMAN
|
Institution Name
|
Ticker
|
ROAA (%)
|
ROAE (%)
|
Efficiency Ratio (%)
|
|
2013Q2
|
2013Q2
|
2013Q2
|
|||
BCSB Bancorp, Inc.
|
BCSB
|
0.27
|
3.12
|
80.98
|
|
Citizens Community Bancorp, Inc.
|
CZWI
|
0.12
|
1.22
|
78.33
|
|
Elmira Savings Bank
|
ESBK
|
1.07
|
9.64
|
67.39
|
|
First Capital, Inc.
|
FCAP
|
1.06
|
9.18
|
62.35
|
|
Liberty Bancorp, Inc. (1)
|
LBCP
|
1.10
|
7.01
|
63.45
|
|
LSB Financial Corp.
|
LSBI
|
0.73
|
6.71
|
68.84
|
|
River Valley Bancorp
|
RIVR
|
0.99
|
13.69
|
62.85
|
|
TF Financial Corporation
|
THRD
|
1.01
|
8.53
|
65.64
|
|
Wayne Savings Bancshares, Inc.
|
WAYN
|
0.49
|
4.94
|
79.43
|
|
Low
|
0.12
|
1.22
|
85.90
|
||
Median
|
0.86
|
6.86
|
68.12
|
||
High
|
1.07
|
13.69
|
62.35
|
||
OBA Financial Services, Inc.
|
OBAF
|
0.24
|
1.23
|
85.90
|
|
OBAF assets first quarter 2010 were $378,609,000 and second quarter 2013 were $381,611,000 which represents an increase of approximately $3M or a .008% increase in assets in a little over three years.
|
|||||
Peers taken from November 12, 2009 Offering Prospectus page 5
|
|||||
(1) Data as of 3/31/13
|
|||||
Fidelity Bancorp, Inc. FSBI was in the original peer group but was acquired by WesBanco, Inc. (WSBC) on November 30, 2012.
|
|||||
OBAF ranks second lowest in ROAA, ROAE among its peers.
OBAF has the worst efficiency ratio of the peer group.
|