trending Market Intelligence /marketintelligence/en/news-insights/trending/dpjbyxyggoz0irgwmtgia2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Dime Community Bancshares authorizes prepayment of ESOP share acquisition loan

AT&T To Use Wireless Subs To Create Buzz For HBO

Municipal CUSIP Requests On Pace For Record Year, Thanks To October Issuance Surge

Creating an Efficient Enterprise Wide Credit Risk Management System for a Leading Energy Company

Power and Gas M&A Symposium - 2019 Highlights


Dime Community Bancshares authorizes prepayment of ESOP share acquisition loan

Dime Community Bancshares Inc., the parent of Dime Community Bank, authorized the prepayment of the outstanding balance on its employee stock ownership plan share acquisition loan and the merger of the ESOP into the bank's 401(K) plan, effective Dec. 31.

The prepayment of the outstanding share acquisition loan balance — which will be $2.8 million as of Dec. 31 — will result in a one-time, noncash, non-tax-deductible charge to earnings of approximately $11.0 million, or 30 cents per diluted share. It will also result in annual reduction to operating expense of about $1.1 million and an increase of approximately 3 cents in diluted earnings per share.