---
schema_version: "secwatch.filing_event.v1"
accession: "0000846617-24-000067"
form_type: "8-K"
ticker: "DCOM"
cik: "0000846617"
company_name: "Dime Community Bancshares, Inc. /NY/"
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:31:10.389530+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dime Community Bancshares completes $379M securities repositioning; expects $43M pre-tax loss

## Summary
- Sold $379M of available-for-sale debt securities (yield 1.20%, dur 3.3 yrs) and bought $379M (yield 5.08%, dur 4.2 yrs).
- Expects one-time pre-tax loss on sale of ~$43M in Q4 2024.
- Began pension plan termination payments; ~$1M expense in Q4 2024, additional ~$2M in Q1 2025.
- Portfolio repositioning designed to improve net interest income going forward.

## SEC filing metadata
- accession: 0000846617-24-000067
- form_type: 8-K
- ticker: DCOM
- cik: 0000846617
- company_name: Dime Community Bancshares, Inc. /NY/
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/846617/000084661724000067/0000846617-24-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/846617/000084661724000067/dcom-20241212x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000846617-24-000067
- JSON: https://secwatch.observer/filing/0000846617-24-000067.json
- Plain text: https://secwatch.observer/filing/0000846617-24-000067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.