DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Files An 8-K Results of Operations and Financial Condition

DIME COMMUNITY BANCSHARES, INC. (NASDAQ:DCOM) Files An 8-K Results of Operations and Financial Condition
Item 2.02

On April 25, 2019, Dime Community Bancshares, Inc. (the Registrant) issued a press release containing a discussion of its results of operations and financial condition for the quarter ended March 31, 2019. The text of the press release is included as Exhibit 99.1 to this report and is incorporated herein by reference. Exhibit 99.1 to this report is being furnished to the SEC and shall not be deemed filed for any purposes.

On April 26, 2019 the Registrant announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share, payable on May 15, 2019 to stockholders of record on May 8, 2019. The text of the press release is attached as Exhibit 99.2 and is incorporated herein by reference. Exhibit 99.2 to this report is being furnished to the SEC and shall not be deemed filed for any purpose.

On April 25, 2019 the Registrant announced that, effective April 25, 2019, its wholly owned subsidiary, Dime Community Bank, completed its charter conversion from a New York State chartered stock form savings bank to a New York State chartered commercial bank (the Charter Conversion). Simultaneous with the Charter Conversion, the Registrant will become a bank holding company. The text of the press release is attached as Exhibit 99.1 and is incorporated herein by reference. Exhibit 99.1 to this report is being furnished to the SEC and shall not be deemed filed for any purpose.

DIME COMMUNITY BANCSHARES INC Exhibit
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 DIME COMMUNITY BANCSHARES,…
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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).