DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Resignation of Named Executive Officer of the Registrant |
On January 6, 2017, the Registrant announced the resignation of
Daniel J. Harris, Executive Vice President and Chief Lending
Officer of its wholly owned subsidiary, Dime Community Bank,
effective January 6, 2017.
A copy of the news release announcing Mr. Harriss resignation as
Chief Lending Officer is included as Exhibit 99.1 to this report.
Item 9.01 |
Financial Statements and Exhibits.
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(d) Exhibits
Exhibit No.
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99.1 |
Press release of the Registrant, dated January 6, 2017, announcing the resignation of Daniel J. Harris as Chief Lending Officer. |
About DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM)
Dime Community Bancshares, Inc. operates as a holding company for The Dime Savings Bank of Williamsburgh (the Bank), a chartered savings bank. The Company is a unitary savings and loan holding company. The Company operates through Community Banking segment. The Bank’s principal business is gathering retail deposits, and lending them primarily in multifamily residential, commercial real estate and mixed use loans, as well as investing in mortgage-backed securities (MBS), obligations of the United States Government and Government Sponsored Entities (GSEs), and corporate debt and equity securities. The Bank’s primary sources of funds are, in general, deposits; loan amortization, prepayments and maturities; MBS amortization, prepayments and maturities; investment securities maturities and sales, and advances from the Federal Home Loan Bank of New York (FHLBNY). DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Recent Trading Information
DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) closed its last trading session up +0.05 at 20.40 with 156,912 shares trading hands.
