DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Files An 8-K Other Events
Item 8.01.
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Other Events
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Bank (the bank), a wholly owned subsidiary of the Registrant,
voted to prepay the outstanding balance on the Registrants
Employee Stock Ownership Plan (ESOP) Share Acquisition Loan as of
December 31, 2016. The Registrant issued a press release on
December 28, 2016 describing the transaction and the impact to
earnings, a copy of which is attached hereto as Exhibit 99.1.
| Item 9.01. |
Financial Statements and Exhibits.
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| (d) |
Exhibits
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99.1
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Press release of the Registrant, dated December 28,
2016, announcing the prepayment of the Employee Stock Ownership Plan Share Acquisition Loan. |
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 down -0.05 at 20.15 with 80,851 shares trading hands.