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EX-99.1 - EXHIBIT 99.1 - DIME COMMUNITY BANCSHARES INCex99_1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 8-K
 

 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of report (Date of earliest event reported):  July 17, 2017
 

 
DIME COMMUNITY BANCSHARES, INC.
(Exact name of the registrant as specified in its charter)
 

 
Delaware
000-27782
11-3297463
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(IRS Employer Identification No.)

300 Cadman Plaza West, 8th Floor
Brooklyn, New York
 
11201
(Address of principal executive offices)
 
(Zip Code)

(718) 782-6200
(Registrant’s telephone number)
 
N/A
(Former name or former address, if changed since last report)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 8.01
Other Events

On July 17, 2017, Dime Community Bancshares, Inc. announced that it has completed the redemption of $70.7 million aggregate liquidation amount of the 7.0% Capital Securities, Series B, liquidation amount $1,000 per security (the “trust preferred securities”) issued by its wholly owned subsidiary, Dime Community Capital Trust I. The redemption was completed on July 17, 2017. The redemption price of the trust preferred securities was 100% of the aggregate liquidation amount of such securities, plus accrued but unpaid interest to but not including July 15, 2017, the date of redemption.  A copy of the press release announcing the completion of the redemption of the trust preferred securities is included herewith as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01
Financial Statements and Exhibits

(d) Exhibits.

99.1
Press release announcing the completion of the redemption of the trust preferred securities
 

SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
Dime Community Bancshares, Inc.
 
(Registrant)
   
 
/s/ MICHAEL PUCELLA
 
Michael Pucella
 
Executive Vice President and Chief Accounting Officer
(Principal Financial Officer)

Dated:  July 17, 2017