MSB Bancorp, Inc.

In May 1998, MSB Bancorp, Inc. (MSB) was acquired by HUBCO, Inc., pursuant to which MSB merged into HUBCO. In connection with the acquisition, MSB Bank, a subsidiary of MSB, merged into Bank of the Hudson, a subsidiary of HUBCO. Previously, MSB Bancorp, Inc., through MSB Bank, provided banking services to individual and corporate customers in New York. Its loan portfolio consisted primarily of fixed-rate and adjustable-rate first mortgage loans, home equity loans, multifamily residential loans, line of credit loans, other consumer loans, and commercial business loans. The bank also offered savings accounts, Super NOW accounts, money market deposits, checking accounts, and time deposits. In addition, the company, through its wholly owned subsidiary, MSB Travel, offered travel services to the bank's customers.