8-K

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):  September 13, 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On September 13, 2017, Timothy B. King, Executive Vice President and Chief Risk Officer of both the Registrant and its wholly owned subsidiary, Dime Community Bank, announced his retirement effective December 31, 2017.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

99.1 Press release of the Registrant, dated September 18, 2017, announcing the retirement of Timothy B. King as Chief Risk Officer.

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/ JAMES L. RIZZO

James L. Rizzo

Senior Vice President and Comptroller

(Principal Financial Officer)

Dated:  September 19, 2017

INDEX TO EXHIBITS

Exhibit Number

99.1 Press release of the Registrant, dated September 18, 2017, announcing the retirement of Timothy B. King as Chief Risk Officer.

EX-99.1

Exhibit 99.1

Dime Community Bancshares Announces Retirement of Timothy King

BROOKLYN, NY – September 18, 2017 – Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "bank"), announced Timothy B. King, Executive Vice President and Chief Risk Officer, will retire effective December 31, 2017 after 34 years of service with the bank.

Mr. King joined the bank in 1983 and was promoted to Treasurer of the bank in 1989 and of the Company at its inception in 1995, and was subsequently promoted to Executive Vice President of both the Company and the bank in 2008. In 2011, Mr. King was named the Chief Risk Officer of both the bank and the Company and has responsibility for all risk management activities including enterprise risk, credit administration, compliance, and cybersecurity risk.

Dime’s President and Chief Executive Officer, Kenneth J. Mahon, stated, "I am grateful for Tim’s leadership in developing and building our enterprise risk function, and for his numerous contributions throughout the bank. Tim is an exceptional risk manager who has worked tirelessly to embed our risk culture throughout the entire organization and has helped build our reputation for sound risk management. We wish Tim and his family all the best in his retirement."

Dime has initiated a search for a successor and expects the process to be completed early in the fourth quarter, allowing the new Chief Risk Officer to serve alongside Mr. King over the final months of 2017 to ensure a smooth transition.

ABOUT DIME COMMUNITY BANCSHARES, INC.

The Company had $6.26 billion in consolidated assets as of June 30, 2017, and is the parent company of the bank. The bank was founded in 1864, is headquartered in Brooklyn, New York, and currently has twenty-seven branches located throughout Brooklyn, Queens, the Bronx and Nassau County, New York. More information on the Company and the bank can be found on Dime's website at www.dime.com.

Contact: Anthony Rose, Executive Vice President and Director of Investor Relations. 718-782-6200 extension 5260