TF Financial Corporation is a savings and loan holding company. The Company�s direct and indirect subsidiaries include Third Federal Bank (the Bank), Teragon Financial Corporation, Penns Trail Development Corporation and Third Delaware Corporation. The Bank is a community oriented Pennsylvania stock savings bank offering a variety of financial services to meet the needs of the communities it serves. As of December 31, 2011 the Bank operated fourteen branch offices in Bucks and Philadelphia Counties, Pennsylvania and in Mercer County, New Jersey. The Bank�s loan portfolio composition consists primarily of adjustable-rate (ARM) and fixed-rate first mortgage loans secured by one-to four-family residences. The Bank invests in residential mortgage-backed securities. The Bank offers a variety of deposit accounts having a range of interest rates and terms. During the year ended December 31, 2011, the Company�s subsidiary, TF Investments Corporation merged into TF Financial Corporation.