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 OfficersItem 5.02
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
Resignation of Named Executive Officer of the Registrant
On April 14, 2017, Michael Pucella, Executive Vice President and Chief Accounting Officer (Principal Financial Officer) of both the Registrant and its wholly owned subsidiary, Dime Community Bank, announced his retirement effective July 31, 2017.
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 +0.15 at 20.00 with 167,624 shares trading hands.
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 +0.15 at 20.00 with 167,624 shares trading hands.