shares of Dime Community Bancshares Inc (DCOM) on
Dime Community Bancshares, Inc. is a bank holding company for Dime Community Bank, which provides financial services and loans for housing within its market areas; as well as loans to mid-size and small businesses. The company is headquartered in Brooklyn, New York and currently employs 403 full-time employees. The firm is a unitary savings and loan holding company. The firm 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).