$DCOM (Dime Community Bancshares Inc.)

$DCOM {{ '2016-03-17T15:30:47+0000' | timeago}} • Announcement

$DCOM said The Dime Savings Bank of Williamsburgh on March 16 closed sale of certain real estate properties located in the Williamsburg section of Brooklyn, New York to Tavros Holdings and Charney Construction and Development, at a price of $80MM, generating an after-tax accounting gain about $37MM.

$DCOM {{ '2018-01-12T18:00:56+0000' | timeago}} • Announcement

$DCOM said Alan Green has joined Dime Community Bank as SVP - Business Banking. Mr. Green, who will report to Conrad Gunther, EVP - Business Banking, will be based in Dime's Manhattan office.

$DCOM {{ '2018-01-10T18:22:24+0000' | timeago}} • Announcement

$DCOM announced that Christopher Porzelt has been appointed as EVP and Chief Risk Officer of Dime Community Bank. Mr. Porzelt succeeds Timothy King, who retired on December 31, 2017.

$DCOM {{ '2018-01-02T22:10:16+0000' | timeago}} • Announcement

$DCOM, the parent company of Dime Community Bank, announced the appointment of Kevin Stein to its Board of Directors effective as of December 20, 2017. Mr. Stein was also appointed to the Board of Directors of the bank.

$DCOM {{ '2017-12-18T22:12:48+0000' | timeago}} • Announcement

$DCOM's subsidiary Dime Community Bank completed a securitization of $280MM of its multifamily loans through a Freddie Mac sponsored Q-deal securitization. The Structured Pass-Through Certificates that were issued were purchased by the bank as available-for-sale securities to enhance balance sheet liquidity.

$DCOM {{ '2017-11-28T21:23:24+0000' | timeago}} • Announcement

$DCOM, the parent company of Dime Community Bank, named Nancy Tomich as the company's Senior Vice President and Head of Residential Lending.

$DCOM {{ '2017-10-05T19:59:17+0000' | timeago}} • Announcement

$DCOM mourn the passing away of director Anthony Bergamo on Sept. 29. Bergamo was a member of the company's BoD since its formation in 1995 and a director of the Dime Community Bank since 1986.

$DCOM {{ '2017-09-29T11:45:06+0000' | timeago}} • Announcement

Financial services firm $DCOM has appointed Rosemarie Chen to its BoD, effective immediately. Chen holds a senior position in the Talent & Rewards Segment of Willis Towers Watson. Earlier, she had served Deloitte Consulting and Aon Hewitt.

$DCOM {{ '2017-09-18T19:26:48+0000' | timeago}} • Announcement

Financial services provider $DCOM said its EVP and Chief Risk Officer Timothy King will retire by year-end, after serving the bank for 34 years. King, who joined Dime Community Bancshares in 1983, was promoted to the post of Treasurer in 1989. In 2008, he was promoted to EVP, before being named Chief Risk Officer.

$DCOM {{ '2017-07-28T14:39:57+0000' | timeago}} • Announcement

$DCOM announced that its BoD has declared a quarterly cash dividend of $0.14 per share, payable on Aug 14, 2017 to all stockholders of record as on Aug 7, 2017.

$DCOM {{ '2017-06-13T21:10:37+0000' | timeago}} • Announcement

$DCOM closed its underwritten public offering of $115MM of fixed-to-floating rate subordinated notes due June 15, 2027. The Notes will initially bear fixed interest rate of 4.50% per year. Commencing on June 15, 2022, interest rate will reset on quarterly basis to 3-month LIBOR rate plus a spread of 266 basis points, payable quarterly in arrears.

$DCOM {{ '2017-06-09T09:48:28+0000' | timeago}} • Announcement

$DCOM has priced an underwritten public offering of $115MM aggregate principal amount of its fixed-to-floating rate subordinated Notes due June 15, 2027. The offering is expected to close on June 13, 2017, subject to closing conditions. The company plans to use the net proceeds from the offering to redeem its $70.7MM of trust preferred securities.

$DCOM {{ '2017-06-07T15:34:15+0000' | timeago}} • Announcement

Dime Community Bank, a subsidiary of $DCOM, said William E Brown resigned as EVP and chief retail officer of the bank, effective June 15, 2017. Brown had held the post of EVP and Chief Retail Officer since joining the bank in 2016.

$DCOM {{ '2017-05-18T16:33:55+0000' | timeago}} • Announcement

$DCOM appointed Robert Dwyer as Senior Vice President and Head of SBA Lending of Dime Community Bank. Dwyer's extensive experience in SBA lending will be an invaluable asset to its clients and to the continuing expansion of its Business Banking division, led by Senior EVP Stuart Lubow.

$DCOM {{ '2017-04-17T20:12:16+0000' | timeago}} • Announcement

$DCOM announced that Avinash Reddy has joined as the Senior Vice President of Corporate Development and Treasurer of  Dime Community Bank. Mr. Reddy will report to Robert Volino, Senior Executive Vice President and Chief Operating Officer of $DCOM.

$DCOM {{ '2017-01-27T20:21:02+0000' | timeago}} • Announcement

$DCOM reported lower 4Q16 earnings. Net income fell to $0.732MM, or $0.02 per share during the quarter compared to $10.53MM, or $0.29 per share during 4Q15. Net interest during 4Q16 rose 12.8% YoverY to $37.9MM. Non-interest income remained flat at $1.8MM.

$DCOM {{ '2017-01-27T11:36:17+0000' | timeago}} • Announcement

$DCOM's BoD declared a quarterly cash dividend of $0.14 per share. The dividend is payable on Feb. 13, 2017, to all stockholders of record as of Feb. 6, 2017. This dividend is the 79th consecutive quarterly cash dividend paid by the company.

$DCOM {{ '2016-12-23T19:06:46+0000' | timeago}} • Announcement

$DCOM, the parent company of Dime Community Bank, named Roberto S. Volino as Senior Executive Vice President and Chief Operating Officer, effective Jan. 1, 2017. He will succeed Kenneth J. Mahon, who will assume the role of a Chief Executive Officer, effective Jan. 1, 2017.

$DCOM {{ '2016-12-23T16:15:05+0000' | timeago}} • Announcement

$DCOM announced retirement of George Clark Jr. from the BoD of the company and Dime Community Bank, effective Dec. 31, 2016. Kathleen Nelson has been unanimously elected as Lead Director of the company and the bank, effective Dec. 31, 2016.

$DCOM {{ '2016-07-22T19:02:51+0000' | timeago}} • Announcement

Banking company $DCOM said that it has named Anthony J. Rose as Executive Vice President and Chief Administrative Officer of the company. Apart from being a Senior Advisor, Mr. Rose will also be responsible for human capital management by focusing on organization design, leadership development, talent acquisition and compensation strategy.

$DCOM {{ '2016-03-17T15:35:17+0000' | timeago}} • Announcement

$DCOM said it will retain post-closing occupancy for 12 months permitting orderly transfer of back office operations to other facilities. No reduction in jobs is expected as result of sale of property or relocation of back office. These properties are currently utilized as primary back office operations center of $DCOM and Dime bank.

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