UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
 


Abington Bancorp, Inc.

(Name of Issuer)

Common Stock
(Title of Class of Securities)

00350L109

(CUSIP Number)
 
Lawrence B. Seidman, 100 Misty Lane, 1st Floor, Parsippany, NJ  07054
(973) 952-0405

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

January 27, 2011
(Date of Event which Requires Filling of this Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ·· 240.13d-1(e), 240.13d-1 (f) or 240.13d-1(g), check the following box.   (    )

 
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See · 240.13d-7 for other parties to whom copies are to be sent.
 
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 

 
 
 
 
 
SCHEDULE 13D
CUSIP No. 00350L109

  1. Seidman and Associates, LLC          22-3343079

  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 if Disclosure of Legal Proceedings Is Required Pursuant to items 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           133,804
                       

8. Shared Voting Power

9. Sole Dispositive Power          133,804
                       

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person      133,804   
                           

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)      0.7%   
                                             

  14. Type of Reporting Person                           OO
 
 
 
1

 
 
 
SCHEDULE 13D
CUSIP No. 00350L109

  1. Seidman Investment Partnership, LP          22-3360359

  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 if Disclosure of Legal Proceedings Is Required Pursuant to items 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              127,821           
                       

8. Shared Voting Power

9. Sole Dispositive Power          127,821      
                       

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person          127,821    
                           

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)          0.6%    
                            

  14. Type of Reporting Person                           PN
 
 
 
2

 
 
SCHEDULE 13D
CUSIP No. 00350L109

  1. Seidman Investment Partnership II, LP          22-3603662

  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 if Disclosure of Legal Proceedings Is Required Pursuant to items 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          110,826        
                       

8. Shared Voting Power

9. Sole Dispositive Power          110,826      
                       

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person          110,826    
                           

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)          0.5%    
                            

  14. Type of Reporting Person                           PN
 
 
 
3

 
 
 
SCHEDULE 13D
CUSIP No. 00350L109

  1. LSBK06-08, LLC      20-8067445

  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 if Disclosure of Legal Proceedings Is Required Pursuant to items 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          110,200  

8. Shared Voting Power

9. Sole Dispositive Power          110,200    

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person          110,200   
                           

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)              0.5%     
                                           

  14. Type of Reporting Person                           OO
 
 
4
 

 
 
SCHEDULE 13D
CUSIP No. 00350L109

  1.  Broad Park Investors, LLC          22-6759307

  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 if Disclosure of Legal Proceedings Is Required Pursuant to items 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          92,192            
                       

8. Shared Voting Power

9. Sole Dispositive Power          92,192      
                       

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person          92,192   
                           

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)          0.5%    
                           

  14. Type of Reporting Person                           OO
 
 
 
5

 
 
 
SCHEDULE 13D
CUSIP No. 00350L109

  1. CBPS, LLC          27-0949811

  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 if Disclosure of Legal Proceedings Is Required Pursuant to items 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                            140,864

8. Shared Voting Power

9. Sole Dispositive Power                       140,864                                      

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person          140,864              

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)              0.7%                
                            

  14. Type of Reporting Person                                     OO
 
 
6
 

 
 
SCHEDULE 13D
CUSIP No. 00350L109

  1. 2514 Multi-Strategy Fund, LP

  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 if Disclosure of Legal Proceedings Is Required Pursuant to items 2(d) or 2(e)  (    )

  6.
Citizenship or Place of Organization              Florida
                           

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power      119,261           

8. Shared Voting Power

9. Sole Dispositive Power      119,261    

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person      119,261

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)          0.6%                
                            

  14. Type of Reporting Person                     PN                          
 
 
7
 

 
 
 
SCHEDULE 13D
CUSIP No. 00350L109

  1. 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*
                             PF, WC

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to items 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                               837,643
                       

8. Shared Voting Power

9. Sole Dispositive Power          837,643      
                       

10. Shared Dispositive Power

  11. Aggregate Amount Beneficially Owned by Each Reporting Person       837,643    
                           

  12. Check if the Aggregate Amount Represented by Amount in Row (11) Excludes Certain Shares
(See Instructions)   (    )

  13.
Percent of Class Represented by Amount in Row (11)      4.15%    
                             

  14. Type of Reporting Person                           IN
 
 
 

 
1. Security and Issuer
 
This statement on Schedule 13D (this "Statement") relates to the shares of common stock, par value $0.01 per share (the "Shares") of Abington Bancorp, Inc. (the "Issuer"), a Pennsylvania corporation, with principal executive offices located at 180 Old York Road, Jenkintown, PA  19046.
 
This statement on Schedule 13D which was filed on August 20, 2010, Amendment No. 1 which was filed on November 23, 2010, and Amendment No. 2 which was filed on January 13, 2011 on behalf of Seidman and Associates, LLC, ("SAL"), Seidman Investment Partnership, LP ("SIP"), Seidman Investment Partnership II, LP ("SIPII"), LSBK06-08, LLC ("LSBK"), Broad Park Investors, LLC ("Broad Park"), CBPS, LLC ("CBPS"), 2514 Multi-Strategy Fund, LP ("2514 MSF"), Lawrence Seidman, individually ("Seidman") and clients of Lawrence Seidman ("Seidman Clients"), Manuel Kursky ("Kursky"), and Dennis Pollack ("Pollack") collectively, the "Reporting Persons" with respect to the Reporting Person's beneficial ownership of the Shares of the Issuer is hereby amended as set forth below:  Such statement on Schedule 13D is hereinafter referred to as the "Schedule 13D".  Terms used herein which are defined in the Schedule 13D shall have their respective meanings set forth in the Schedule 13D. 
 
2. Identity and Background
 
(a-c)  Seidman and Associates, LLC, ("SAL"), Seidman Investment Partnership, LP ("SIP"), Seidman Investment Partnership II, LP ("SIPII"), LSBK06-08, LLC ("LSBK"), Broad Park Investors, LLC ("Broad Park"), CBPS, LLC ("CBPS"), 2514 Multi-Strategy Fund, LP ("2514 MSF"), Lawrence Seidman, individually ("Seidman") and clients of Lawrence Seidman ("Seidman Clients"), Manuel Kursky ("Kursky"), and Dennis Pollack ("Pollack") collectively, the "Reporting Persons"
 
(d-e) During the last five years, none of SAL, SIP, SIPII, LSBK, Broad Park, CBPS, 2514 MSF, Kursky, Pollack nor Seidman or his clients, to the best of their knowledge (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to, a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f) Each of the individuals listed as a Reporting Person is a citizen of the United States.  Each entity listed as a Reporting Person was organized in the United States.

3. Source and Amount of Funds or Other Consideration

The stock purchased by the Reporting Persons was purchased in the open market.  As of January 27, 2011, there was no margin loan balance outstanding for any Reporting Person. 

4. Purpose of Transaction

The securities covered by this Statement were acquired for the purpose of investment. The Reporting Persons filing this Statement may decide, jointly or individually, to purchase additional shares of the Common Stock or other securities of the Issuer. In addition, the Reporting Persons, jointly or individually, may dispose of any or all securities of the Issuer in any manner permitted by applicable securities laws.
 
5. Interest in Securities of the Issuer
 
(a)(b)(c) As of the close of business on January 27, 2011, the Reporting Persons owned beneficially an aggregate of 839,643 shares of Common Stock, which constituted approximately 4.16% of the 20,166,742 shares of Common Stock outstanding on December 31, 2010 as disclosed in the Company's Earnings Release on January 26, 2011.   The Reporting Persons own less than 5% of the outstanding common stock of the Company and therefore are not required to file any additional Schedule 13D amendments.
 
Schedule A attached below describes transactions, except for previously reported transactions,  in the Common Stock effected by the Reporting Persons within the past sixty (60) days.  Except as set forth in this Item 5, none of the Reporting Persons owns beneficially or has a right to acquire beneficial ownership of any Common Stock.  All shares were purchased in the open market.
 
9
 

 
6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
 
Except as previously described on this Statement, none the Reporting Persons has any contract, arrangement, understanding or relationship (legal or otherwise) with any person with respect to any securities of the Issuer, including, but not limited to, transfer or voting of any securities, finders' fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.
 
7. Material to be Filed as Exhibits
 
N/A

 
Signature
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
Date:   January 28, 2011
  /ss/ Lawrence B. Seidman
 
Attorney-in-Fact p ursuant to Joint Filing Agreement dated May 18, 2010
   
   /ss/ Lawrence B. Seidman
   Attorney-in-Fact pursuant to Joint Filing Agreement dated January 6, 2011
   
 
 
10 
 

 
 
 
 
Schedule A

Entity
Date
Purch
Cost
per
Share
Cost
Shares
         
SAL
1/27/2011
-12.1683
257,737.21
-21,181
SAL
1/27/2011
-12.1256
485,022.64
-40,000
Total
   
742,759.85
-61,181
         
SIP
1/27/2011
-12.0144
780,934.49
-65,000
Total
   
780,934.49
-65,000
         
SIP II
1/20/2011
10.8767
159,886.91
14,700
SIP II
1/27/2011
-12.2144
916,079.83
-75,000
Total
   
1,075,966.74
-60,300
         
LSBK
1/27/2011
-12.1986
731,917.88
-60,000
Total
   
731,917.88
-60,000
         
Broad Park
1/27/2011
-12.0946
948,407.58
-78,416
Total
   
948,407.58
-78,416
         
CBPS
1/27/2011
-12.1695
472,407.72
-38,819
Total
   
472,407.72
-38,819
         
2514 MSF
1/27/2011
-12.0915
79,610.62
-6,584
Total
   
79,610.62
-6,584

11 
 

 

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