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): February 14, 2014
BRIDGE BANCORP, INC.
(Exact name of the registrant as specified in its charter)
New York |
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001-34096 |
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11-2934195 |
(State or other jurisdiction of incorporation or organization) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
2200 Montauk Highway |
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Bridgehampton, New York |
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11932 |
(Address of principal executive offices) |
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(Zip Code) |
(631) 537-1000
(Registrants 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)
Item 8.01 Other Events
On February 14, 2014, Bridge Bancorp, Inc. (the Company), the parent company of The Bridgehampton National Bank, completed the acquisition of FNBNY Bancorp, Inc. (FNBNY) and its wholly owned subsidiary, the First National Bank of New York, as contemplated by the Agreement and Plan of Merger dated September 27, 2013. The Company issued approximately 240,600 shares of its common stock in the aggregate to FNBNY shareholders.
A copy of the press release dated February 18, 2014 announcing the completion of the FNBNY acquisition is attached as Exhibit 99.1 to this Form 8-K.
Item 9.01. Financial Statements and Exhibits
(a) |
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Financial statements of businesses acquired. Not Applicable. |
(b) |
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Pro forma financial information. Not Applicable. |
(c) |
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Shell company transactions: Not Applicable. |
(d) |
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Exhibits: |
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Exhibit 99.1 Press Release dated February 18, 2014 |
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.
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Bridge Bancorp, Inc. | |
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(Registrant) | |
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/s/ Kevin M. OConnor |
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Kevin M. OConnor | |
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President and Chief Executive Officer | |
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Dated: February 18, 2014 |
Press Release
FOR IMMEDIATE RELEASE
Contact: |
Kevin M. OConnor President & CEO (631) 537-1000 |
BRIDGE BANCORP, INC. COMPLETES ACQUISITION OF FNBNY
(Bridgehampton, NY February 18, 2014) Bridge Bancorp, Inc. (Nasdaq: BDGE), the parent company of The Bridgehampton National Bank (BNB), announced that it completed the acquisition of FNBNY Bancorp, Inc. and its wholly owned subsidiary, the First National Bank of New York (collectively FNBNY), on Friday, February 14, 2014 and converted core systems to BNB over the weekend.
This morning, the three former FNBNY branches reopened as fully operational BNB branches ready to deliver local, personal community banking services to business and individual customers. I am proud of our teams hard work to make this happen quickly and smoothly, commented Kevin M. OConnor, President and CEO of Bridge Bancorp, Inc. The acquisition of FNBNY expands the BNB footprint into new markets, including our first branch locations in Nassau County, added Mr. OConnor.
In connection with the closing of the transaction, Bridge Bancorp, Inc. issued approximately 240,600 shares of its common stock to FNBNY shareholders. Following the acquisition, Bridge Bancorps assets are approximately $2.1 billion, with loans of approximately $1.1 billion and deposits of $1.7 billion with 26 branches throughout Long Island and one loan production office in Manhattan, New York.
About Bridge Bancorp, Inc.
Bridge Bancorp, Inc. is a one bank holding company engaged in commercial banking and financial services through its wholly owned subsidiary, The Bridgehampton National Bank (BNB). Established in 1910, BNB, with assets of approximately $2.1 billion, and a primary market area of Suffolk and Southern Nassau Counties, Long Island, operates 26 retail branch locations. Through this branch network and its electronic delivery channels, BNB provides deposit and loan products and financial services to local businesses, consumers and municipalities. Title insurance services are offered through BNBs wholly owned subsidiary, Bridge Abstract. Bridge Investment Services offers financial planning and investment consultation.
BNB continues a rich tradition of involvement in the community by supporting programs and initiatives that promote local business, the environment, education, healthcare, social services and the arts.
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