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 24, 2003
DIME COMMUNITY BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
Delaware | 0-27782 | 11-3297463 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
209 Havemeyer Street, Brooklyn, New York 11211
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code:
(718) 782-6200
None
(Former name or former address, if changed since last report)
Items 1 through 8.
Not Applicable.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
Exhibit No.
Description
1
Information related to capital utilization
disclosed to investors on
February 24, 2003.
Item 9. Regulation FD Disclosure.
On February 24, 2003, Dime Community Bancshares, Inc. held a meeting with investors in which it disclosed utilization of capital information for the 12 months ended December 31, 2002 and planned capital utilization for the 12 months ending December 31, 2003.
A copy of this presentation is attached as Exhibit 99
SIGNATURES
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.
DIME COMMUNITY BANCSHARES, INC.
/s/ KENNETH J. MAHON
By: ___________________________________________
Kenneth J. Mahon
Executive Vice President and Chief Financial Officer
Dated: February 25, 2003
EXHIBIT INDEX
Exhibit
Description
99
Information related to capital utilization
disclosed to investors on
February 24, 2003.
EXHIBIT 99
Utilization of Capital – 2002
Capital Growth – 19%
Share Repurchases –45%
Dividends paid to Shareholders – 21%
Asset Growth – 15%
Cash Earnings - $47,916,000
Planned Utilization of Capital – 2003
Capital Growth – 10%
Share Repurchases –39%
Dividends paid to Shareholders – 28%
Asset Growth – 23%
Cash Earnings - $51,489,000