secwatch.observer — SEC 8-K summary
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Issuer:     Dime Community Bancshares, Inc. /NY/ (DCOM)
CIK:        0000846617
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0000846617-22-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dime Community Bancshares Q3 EPS $0.98, up 10% YoY; net interest income exceeds $100M
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- Net income to common $37.7M ($0.98 diluted EPS) vs $0.94 in Q2 and $0.89 in Q3 2021.
- Net interest income $100.4M, a record; NIM expanded 9 bps to 3.38%.
- Loan originations $800.9M; loans held for investment (ex-PPP) grew 19% annualized linked quarter.
- Cost of deposits increased only 23 bps despite 150 bps Fed hike; non-interest-bearing deposits ~37%.
- Credit loss provision $6.6M (vs $44K in Q2) on macro forecast; NPAs stable at 0.34% of assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846617/000084661722000082/0000846617-22-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846617/000084661722000082/dcom-20221028x8k.htm
  HTML page:      https://secwatch.observer/filing/0000846617-22-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer