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 30, 2021

DIME COMMUNITY BANCSHARES, INC.

(Exact name of the registrant as specified in its charter)

New York	001-34096	11-2934195
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

898 Veterans Memorial Highway, Suite 560
Hauppauge, New York	11788
(Address of principal executive offices)	(Zip Code)

(631) 537-1000

(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 (See General Instruction A.2. below):

☐	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)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 Par Value	DCOM	The Nasdaq Stock Market, LLC
Preferred Stock, Series A, $0.01 Par Value	DCOMP	The Nasdaq Stock Market, LLC

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 October 1, 2021, Dime Community Bancshares, Inc. (the “Company”) announced that Christopher Porzelt was named Executive Vice President and Chief Risk Officer of the Company and its subsidiary, Dime Community Bank (the “Bank”), having served as Executive Vice President and Interim Chief Risk Officer of the Company and the Bank since June 2021.

A copy of the press release announcing Mr. Porzelt’s appointment is attached to this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01      Financial Statements and Exhibits

(d) Exhibits

99.1	Press Release of the Registrant, dated October 1, 2021.
104	Cover Page Interactive Data File (formatted as inline XBRL)

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)
DATE:  October 5, 2021	/s/ PATRICIA M. SCHAUBECK
	Patricia M. Schaubeck
	Executive Vice President & General Counsel

EX-99.1

EXHIBIT 99.1

Dime Community Bank Announces Christopher Porzelt As Chief Risk Officer

Hauppauge, NY – October 1, 2021 – Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company” or “Dime”), is pleased to announce that Christopher Porzelt has been appointed as Executive Vice President (“EVP”) and Chief Risk Officer of the Company  and Dime Community Bank (the “Bank”), the wholly owned subsidiary of the Company, having served as EVP and Interim Chief Risk Officer since June 2021.

Mr. Porzelt, who will report to Dime’s Chief Executive Officer Kevin M. O’Connor, will be responsible for continuing the buildout of the Enterprise Risk Management function to effectively manage risk throughout the organization and integrate risk management with corporate strategy. "We are excited to have Chris officially at the helm of our Risk Department,” stated Mr. O’Connor. "His knowledge and experience are highly valuable, and we expect Chris to further refine and strengthen Dime’s robust approach to enterprise risk management.”

Prior to the completion of the Company’s merger of equals transaction, Mr. Porzelt served as Chief Risk Officer of legacy Dime Community Bank. Upon completion of the merger, Mr. Porzelt was appointed EVP and Deputy Chief Risk Officer of the Company and the Bank. Mr. Porzelt holds a Bachelor of Science degree in Accounting from St. John's University and is a Certified Public Accountant.

ABOUT DIME COMMUNITY BANCSHARES, INC.

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $12.7 billion in assets and the number one deposit market share among community banks on Greater Long Island ⁽¹⁾.

Dime Community Bancshares, Inc.
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com

 ¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.

XML

Cover	Jun. 24, 2021
Document Information [Line Items]
Entity Registrant Name	DIME COMMUNITY BANCSHARES, INC.
Entity Central Index Key	0000846617
Entity Emerging Growth Company	false
Document Type	8-K
Entity Central Index Key	0000846617
Amendment Flag	false
Document Period End Date	Sep. 30, 2021
Entity File Number	001-34096
Entity Tax Identification Number	11-2934195
Entity Incorporation, State or Country Code	NY
Entity Address, Address Line One	898 Veterans Memorial Highway, Suite 560
Entity Address, City or Town	Hauppauge
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	11788
City Area Code	631
Local Phone Number	537-1000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $0.01 Par Value
Trading Symbol	DCOM
Security Exchange Name	NASDAQ
Preferred Stock, Series A
Document Information [Line Items]
Title of 12(b) Security	Preferred Stock, Series A, $0.01 Par Value
Trading Symbol	DCOMP
Security Exchange Name	NASDAQ