Dime Community Bank

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Deposit Rates - May 12, 2021

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Money Market
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Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16012
Date Established 1864
Assets $ 6.61 billion
Loans $ 5.59 billion
Deposits $ 4.64 billion
Capital $ 704.84 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 243.60 million
Interest-bearing balances $ 227.43 million
Total securities $ 538.86 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 5.59 billion
Loan loss allowance $ 37.45 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 57.35 million
All other assets $ 295.72 million
     Total Assets $ 6.07 billion

LIABILITIES
Total deposits $ 4.64 billion
      Interest-bearing deposits $ 3.75 billion
      Deposits held in domestic offices $ 4.64 billion
      % insured (estimated) 64.62%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1,324.01 million
Subordinated debt N.A.
All other liabilities $ 108.98 millionn
      Total Liabilities $ 6.07 billion
      Shareholders’ Equity $ 537.97 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 233.83 million
Total Interest Expense $ 50.98 million
Net interest income $ 182.85 million
Provision for loan and lease losses $ 20.87 million
Total non interest income $ 22.64 million
Total non interest expense $ 116.43 million
Pre-tax Net Operating Income $ 68.19 million

Dime Community Bank is an FDIC insured institution headquartered at 149 Kent Avenue, Brooklyn, NY 11249.
It was founded in 1864 and has approximately $7 billion in assets. Customers can open an account at one of its 29 branches.