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Thursday, 04/26/2012 8:24:46 AM

Thursday, April 26, 2012 8:24:46 AM

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Dime Community Bancshares, Inc. is the parent company of The Dime Savings Bank of Williamsburgh (the Bank), a federally-chartered stock savings bank. The Bank’s principal business is gathering deposits from customers within its market area, and investing them primarily in multifamily residential mortgage loans, commercial real estate loans, one- to four-family residential mortgage loans, construction and land acquisition loans, consumer loans, mortgage-backed securities (MBS), obligations of the United States Government and Government Sponsored Entities (GSEs), and corporate debt and equity securities. As of December 31, 2010, the Bank operated 25 -service retail banking offices located in the New York City (NYC) boroughs of Brooklyn, Queens, and the Bronx, and in Nassau County, New York.

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