SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 11-K

ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

For the Fiscal Year Ended December 31, 2014

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transaction period from to


Commission file Number 0-27782

The Employee Stock Ownership Plan of
Dime Community Bancshares, Inc. and Certain Affiliates
(Full title of the plan and the address of the plan, if different from that of the issuer named below)

Dime Community Bancshares, Inc.
209 Havemeyer Street, Brooklyn, NY 11211
(Name of issuer of the securities held pursuant to the plan
and the address of its principal executive office)

Registrant's telephone number, including area code: (718) 782-6200


TABLE OF CONTENTS
   
Page
  
     
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
    
1
  
FINANCIAL STATEMENTS AS OF DECEMBER 31, 2014 AND 2013 AND FOR THE YEAR ENDED DECEMBER 31, 2014:
        
Statements of Net Assets Available for Benefits
    
2
  
Statement of Changes in Net Assets Available for Benefits
    
3
  
Notes to Financial Statements
    
4-9
  
SUPPLEMENTAL SCHEDULES:
        
Schedule H, Line 4i - Schedule of Assets (Held At End of Year) as of December 31, 2014
    
10
  
Schedule H, Line 4j - Schedule of Reportable Transactions for the year ended December 31, 2014
    
11
  
SIGNATURES
    
12
  

Note: All other schedules required by Section 2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


Employee Benefits Committee and Audit Committee
  of Dime Community Bancshares, Inc.
209 Havemeyer Street
Brooklyn, New York


We have audited the accompanying statements of net assets available for benefits of The Employee Stock Ownership Plan of Dime Community Bancshares, Inc. and Certain Affiliates as of December 31, 2014 and 2013, and the related statement of changes in net assets available for benefits for the year ended December 31, 2014.  These financial statements are the responsibility of the Plan's management.  Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.  An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.  An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2014 and 2013, and the changes in net assets available for benefits for the year ended December 31, 2014 in conformity with U.S. generally accepted accounting principles.

The supplemental Schedule H, Line 4(i) – Schedule of Assets (Held at End of Year) and Schedule H, Part IV, Line 4(j) – Schedule of Reportable Transactions as of December 31, 2014 and for the year then ended have been subjected to audit procedures performed in conjunction with the audit of The Employee Stock Ownership Plan of Dime Community Bancshares, Inc. and Certain Affiliates' financial statements.  The supplemental schedules are the responsibility of the Plan's management.  Our audit procedures included determining whether the information presented in the supplemental schedules reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedules.  In forming our opinion on the supplemental schedules, we evaluated whether the supplemental schedules, including their form and content, are presented in conformity with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974.  In our opinion, the supplemental schedules are fairly stated in all material respects in relation to the financial statements as a whole.
 
 
 
          /s/ CROWE HORWATH LLP
 
New York, New York
June 24, 2015
 



THE EMPLOYEE STOCK OWNERSHIP PLAN OF DIME COMMUNITY
BANCSHARES, INC. AND CERTAIN AFFILIATES
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS AS OF DECEMBER 31, 2014 AND 2013


 
As of December 31, 2014
  
As of December 31, 2013
 
Allocated
Unallocated
Total
  
Allocated
Unallocated
Total
ASSETS:
              
Non-participant directed investments, at fair value
        
 
  
 
Federated Government Obligations Fund
$        90,698
$ - 
$ 90,698
  
$        92,204
$ - 
$ 92,204
Dime Community Bancshares, Inc. common stock
36,537,269
13,995,867
50,533,136
  
37,597,221
15,868,456
53,465,677
TOTAL ASSETS
36,627,967
13,995,867
50,623,834
  
37,689,425
15,868,456
53,557,881
     
  
      
  
LIABILITIES:
              
Borrowing from Dime Community Bancshares, Inc.
- 
3,221,840
3,221,840
  
- 
3,401,059
3,401,059
TOTAL LIABILITIES
- 
3,221,840
3,221,840
  
- 
3,401,059
3,401,059
               
NET ASSETS AVAILABLE FOR BENEFITS
$ 36,627,967
$ 10,774,027
$ 47,401,994
  
$ 37,689,425
$ 12,467,397
$ 50,156,822

See notes to financial statements.


2
THE EMPLOYEE STOCK OWNERSHIP PLAN OF DIME COMMUNITY
BANCSHARES, INC. AND CERTAIN AFFILIATES
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEAR ENDED DECEMBER 31, 2014


   
Allocated
    
Unallocated
    
Total
  
CONTRIBUTIONS AND INVESMENT ACTIVITY:
            
Interest and dividend income
  
$
1,229,436
    
$
525,197
    
$
1,754,633
  
Net depreciation in the fair value of Dime Community Bancshares, Inc. common stock
    
(1,457,924
)
    
(600,225
)
    
(2,058,149
)
Contributions from Dime Savings Bank of Williamsburgh - net
    
-
      
424,501
      
424,501
  
Total contributions and investment activity
    
(228,488
)
    
349,473
      
120,985
  
                         
DEDUCTIONS:
                        
Interest expense on borrowings from Dime Community Bancshares, Inc.
    
-
      
272,085
      
272,085
  
Benefit payments
    
2,105,333
      
498,395
      
2,603,728
  
     Total deductions
    
2,105,333
      
770,480
      
2,875,813
  
                         
TRANSFERS:
                        
Allocation of 78,155 shares of Dime Community Bancshares, Inc. common stock at fair value
    
1,272,363
      
(1,272,363
)
    
-
  
     Total transfers
    
1,272,363
      
(1,272,363
)
    
-
  
                         
DECREASE IN NET ASSETS AVAILABLE FOR BENEFITS
    
(1,061,458
)
    
(1,693,370
)
    
(2,754,828
)
                         
NET ASSETS AVAILABLE FOR BENEFITS
                        
 Beginning of year
    
37,689,425
      
12,467,397
      
50,156,822
  
                         
 End of year
  
$
36,627,967
    
$
10,774,027
    
$
47,401,994
  

See notes to financial statements.
3
THE EMPLOYEE STOCK OWNERSHIP PLAN OF DIME COMMUNITY BANCSHARES, INC. AND CERTAIN AFFILIATES
NOTES TO FINANCIAL STATEMENTS AS OF DECEMBER 31, 2014 AND 2013 AND FOR THE YEAR ENDED DECEMBER 31, 2014

1. SUMMARY DESCRIPTION OF PLAN
The following is a brief description of The Employee Stock Ownership Plan of Dime Community Bancshares, Inc. and Certain Affiliates (the "ESOP" or the "Plan"). This description of the ESOP is provided for general information purposes only. Participants should refer to the Plan document for a more complete description of the ESOP's provisions.
a. General - The ESOP was adopted by the Board of Directors of the Dime Savings Bank of Williamsburgh (the "Bank") on February 8, 1996, with an effective date of July 1, 1995.  Dime Community Bancshares, Inc. (the "Company") acts as the Plan Sponsor for the ESOP, and members of management of the Company or its direct subsidiaries serve as Plan Administrator for the ESOP.  The Employee Benefits Committee, comprised of members of both the Company's Board of Directors and management, oversees the operation and administration of the ESOP.
The ESOP is designed to comply with Section 4975(e)(7) and the regulations thereunder of the Internal Revenue Code of 1986, as amended (the "Code"), and is subject to the applicable provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA").  Since February 2009, Pentegra Trust Company ("Pentegra") has served as trustee for the ESOP.
In order to purchase the shares of the Company's common stock, the ESOP obtained a borrowing from the Company of $11,638,000, which originally was to be repaid over a ten-year period at a fixed interest rate of 8.0%.   Effective July 1, 2000, the maturity of the ESOP loan was extended from June 2006 to December 2025, with the continued option of prepayment.  Repayments of the borrowing are made from fully deductible contributions from the Company or Bank to the ESOP.  As the ESOP makes each payment of principal and interest on the borrowing, an appropriate percentage of stock will be allocated to eligible participants' accounts in accordance with applicable regulations under the Code.  The required principal repayments of the loan for the next five years and thereafter are as follows:   2015 – $193,556; 2016 – $209,041; 2017 – $225,764; 2018 – $243,825; 2019 – $263,331; and thereafter $2,086,323.
The borrowing is collateralized by the unallocated shares of the Company's stock held by the ESOP. The Company, as lender, has no rights against shares once they are allocated under the ESOP. Accordingly, the financial statements of the ESOP as of December 31, 2014 and 2013 and for the year ended December 31, 2014, present separately the assets and liabilities and changes therein pertaining to:

(1)
the accounts of employees with vested rights in allocated stock (Allocated) and
(2)
stock not yet allocated to employees (Unallocated).


4


b. Eligibility and Participation - Eligible employees, defined as salaried, common law employees of the Company or the Bank and its subsidiaries, who have completed a period of service of at least one year, automatically become eligible participants of the ESOP.  An employee is not an eligible employee if he or she is compensated principally on an hourly, daily, commission fee or retainer basis, or has waived any claim to membership in the ESOP.
c. Contributions - The Company or the Bank shall contribute to the ESOP an amount that, at minimum, shall serve to finance the ESOP's obligation under its outstanding borrowing from the Company.  The Company or the Bank may contribute additional amounts, if designated by the Compensation Committee, to the ESOP, which shall be applied as a prepayment of principal or interest for the outstanding borrowing from the Company.  Any additional contributions approved by the Employee Benefits Committee shall be treated as an ESOP contribution and shall be allocated among the accounts of eligible participants in accordance with a pre-established formula.  Participant contributions are not permitted.
d. Vesting - The balance credited to each participant's account shall become vested in accordance with the following schedule:
Number of Years Of Service
  
Vested Percentage
  
     
Less than 2 years
    
0
%
Less than 3 years
    
25
  
Less than 4 years
    
50
  
Less than 5 years
    
75
  
5 or more years
    
100
  

Under the provisions of the ESOP, participants were granted credit, for purposes of vesting, for years of service at the Company or any of its direct or indirect subsidiaries prior to the establishment of the ESOP.  Any previously unvested portion shall become fully vested to a participant upon attainment of age 65, or, if earlier, upon the termination of participation by reason of death, disability, retirement or upon occurrence of change in control of the Company or the Bank.
e. Investments - As of December 31, 2014 and 2013, the ESOP's investments consist of the investment in common stock of the Company and the investment of cash balances in a short-term investment fund administered by the ESOP trustee. The ESOP is permitted to invest in any of the following: (i) shares of the Company's common stock; (ii) such Investment Funds as may be established from time to time by the Employee Benefits Committee; and (iii) such other investments as may be permitted under the ESOP trust agreement. The terms of the ESOP trust agreement permits investment in any commingled or group trust fund, or common trust fund that is exempt from taxes under Section 501(a) of the Code.
f. Allocation of Shares to Participant Accounts - As of the last day of each plan year during which a borrowing is outstanding, a portion of the financed shares purchased with the proceeds of the borrowing shall be released in accordance with a predetermined formula.  The released shares are allocated to eligible participant accounts in the proportion that each such eligible participant's compensation, as measured under the terms of the ESOP, for the portion of the plan year during which he or she was a participant, bears to the aggregate compensation of all eligible participants, as measured under the terms of the ESOP.
5
Released shares allocated to participant accounts totaled 78,155 during the year ended December 31, 2014.
Each participant's account reflects an allocation of the Bank's contributions and ESOP earnings.
Each participant is entitled to exercise voting rights attributable to the shares allocated to his or her account and is notified by the ESOP trustee prior to the time that such rights are to be exercised. The ESOP trustee is permitted, upon grant of authority by the Plan Administrator, to vote shares for which instructions have not been given by a participant within the stated time period. Such vote is made in direct proportion to the votes received from participants.
g. Forfeitures - Upon the termination of employment of a participant or former participant for reason other than death, disability, or retirement, that portion of the balance credited to his or her account which is not vested at the date of termination shall be forfeited as of the last Valuation Date, defined as the last business day of March, June, September or December.  The proceeds of such forfeitures shall be treated as loan repayments and ESOP contributions as designated by the Employee Benefits Committee.
There were 1,625 shares forfeited during the year ended December 31, 2014. These forfeitures were utilized to reduce the employer contribution (which was the annual repayment of principal on the outstanding loan in accordance with the loan amortization schedule) during the year.
h.
Benefit Payments - Effective July 1, 2000, cash dividends received on allocated and unallocated holdings of Dime Community Bancshares, Inc. common stock are distributed quarterly to all ESOP participants.  These benefit distributions are made in the form of a cash payment.  Otherwise, no benefit distributions from the ESOP are made until a participant retires, dies (in which case, payment are made to his or her beneficiary or, if none, his or her legal representatives), or otherwise terminates employment with the Company or the Bank and its subsidiaries.
On termination of services due to death, disability, retirement or other reason, a participant may elect to receive either lump-sum or installment payment amounts equal to the value of the participant's vested interest in his or her account. This distribution is made by means of cash and/or stock payments.
i.
ESOP Termination - Although it has not expressed any intention to do so, the Company reserves the right to terminate the ESOP at any time, subject to the provisions of ERISA.  Upon such termination of the ESOP, the interest of each participant in the ESOP will be distributed to such participant or his or her beneficiary at the time prescribed by the ESOP provisions and the Code.  Upon termination of the ESOP, the Compensation Committee shall direct the ESOP trustee to pay all liabilities and expenses of the trust fund and to sell the shares of financed stock held in the loan suspense account to the extent it determines such sale to be necessary in order to repay the borrowing.
j.
Diversification – Participants who are at least age 55 with at least 10 years of participation in the Plan may elect to diversify a portion of their account. Diversification is offered to each eligible participant, subject to certain percentage limitations. Participants who elect to diversify can receive cash distributions or transfer the amount to The Dime Savings Bank of Williamsburgh 401(k) Savings Plan.

6
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Basis of Accounting - The accompanying financial statements have been prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America.
b.
Investment Transactions and Income Recognition - Investment transactions are accounted for on a trade-date basis.  Net investment income consists of gains and losses realized from the sales of investments, the net change in the unrealized appreciation or depreciation on investments, and interest and dividends earned.  Realized gains and losses from securities transactions are recorded on the average cost basis.  Interest income on the Federated Government Obligations Fund is recorded on the accrual basis and dividend income on Dime Community Bancshares, Inc. common stock is recorded on the ex-dividend date.  During the year ended December 31, 2014, cash dividends totaling $1,754,515 on Dime Community Bancshares, Inc. common stock, were declared by the Company and paid to the ESOP, which was recorded in "Interest and dividend income" in the Statement of Changes in Net Assets Available for Benefits.  All dividends on unallocated shares and shares allocated to each participant are distributed to participants in the ESOP no later than 90 days after the close of the plan year in which the dividends are paid to the plan.
c.
Use of Estimates - The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements.  Actual results could differ from these estimates.
d. Risks and Uncertainties - The ESOP has an equity investment concentrated solely in one equity security, which, in general, is exposed to various risks such as interest rate, credit, and liquidity risks and overall market volatility.  Due to the level of risk associated with investments, it is reasonably possible that changes in the value of investments will occur in the near term and that such changes would materially affect participants' account balances and the amounts reported in the financial statements.
e. Administrative Expenses - Administrative expenses are paid by the Company as provided in the ESOP.
f. Fair Value of Investments - Dime Community Bancshares, Inc. common stock and the Federated Government Obligations Fund are valued at fair value based upon quoted market prices from a nationally recognized securities exchange. The closing price of Dime Community Bancshares, Inc. common stock was $16.28 and $16.92 as of December 31, 2014 and 2013, respectively. The closing price of the Federated Government Obligations Fund was $1.00 at both December 31, 2014 and 2013.
g.     Fair Value of Long-Term Debt:  The fair value of the Plan's long-term debt is estimated based on the current rates available to the Plan for debt of the same remaining maturities.  As of December 31, 2014, the estimated fair value and carrying value of the Plan's long-term debt was $4,184,900 and $3,221,840, respectively.  As of December 31, 2013, the estimated fair value and carrying value of the Plan's long-term debt was $4,497,316 and $3,401,059, respectively.  The fair value of the Plan's long-term debt is measured by the discounted anticipated cash flows through contractual maturity or next interest repricing date (deemed a Level 2 valuation. There were no changes in this methodology from December 31, 2013 to December 31, 2014.
7
3. FAIR VALUE MEASUREMENTS

In accordance with ASC 820, the Plan classifies its investments into Level 1, which refers to securities valued using quoted prices from active markets for identical assets; Level 2, which refers to securities not traded on an active market but for which observable market inputs are readily available; or Level 3, which refers to securities valued based on significant unobservable inputs that reflect the ESOP's own assumptions about the assumptions that market participants would use in pricing an asset or liability. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The following tables set forth by level within the fair value hierarchy a summary of the ESOP's investments measured at fair value on a recurring basis at the dates indicated.

   
At December 31, 2014
      
   
Fair Value Measurements Using (1)
      
Description
  
Quoted Prices in Active Markets for Identical Assets (Level 1)
    
Significant Other Observable Inputs (Level 2)
    
Significant Unobservable Inputs
(Level 3)
    
Total
  
Federated Government Obligations Fund
  
$
90,698
      
-
      
-
    
$
90,698
  
Dime Community Bancshares, Inc. common stock
    
50,533,136
      
-
      
-
      
50,533,136
  

(1) Please refer to footnotes 2(f) for a discussion of the valuation methods utilized for these investments.

There were no transfers between Level 1 and Level 2 during 2014 and 2013.

   
At December 31, 2013
      
   
Fair Value Measurements Using (1)
      
Description
  
Quoted Prices in Active Markets for Identical Assets (Level 1)
    
Significant Other Observable Inputs (Level 2)
    
Significant Unobservable Inputs
(Level 3)
    
Total
  
Federated Government Obligations Fund
  
$
92,204
      
-
      
-
    
$
92,204
  
Dime Community Bancshares, Inc. common stock
    
53,465,677
      
-
      
-
      
53,465,677
  

(1) Please refer to footnotes 2(f) for a discussion of the valuation methods utilized for these investments.

4. FEDERAL INCOME TAX STATUS
The ESOP is intended to be qualified under Section 401(a) of the Code and is intended to be exempt from taxation under Section 501(a) of the Code. The ESOP received a favorable IRS determination letter dated August 16, 2012. The ESOP has been amended since receiving the determination letter.  The Plan Administrator believes that the ESOP and its underlying trust are currently designed and being operated in compliance with the applicable requirements of the Code, and they continue to be tax exempt.  Therefore, no provision for income taxes has been included in the ESOP's financial statements.
8

Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the Plan. The plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2014 and 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing authorities; however, there are currently no audits for any tax periods in progress. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2011.
5. EXEMPT PARTY-IN-INTEREST TRANSACTIONS
The ESOP owns an investment in the common stock of the Company, the Plan Sponsor.  This investment is administered by the ESOP trustee and held in safekeeping by Reliance Trust Company on behalf of the ESOP trustee.
Contributions to the ESOP are held and managed by the ESOP trustee. All contributions received during the year ended December 31, 2014 were utilized to service the principal and interest on the borrowing.
Certain administrative functions are performed by officers or employees of the Company or Bank.  No such officer or employee receives compensation from the ESOP for the administrative functions they perform.  All administrative expenses of the ESOP are paid by the Company.
The Plan's borrowing from the Company and any related interest expense described in Note 1, as well as any dividends paid to the Plan or net appreciation from the Dime Community Bancshares, Inc. common stock are also considered party-in-interest transactions.
6. INVESTMENTS
The ESOP's investments, which represent 5% or more of the net assets available for benefits are presented in the following table.  All investments are non-participant directed.

   
December 31, 2014
    
December 31, 2013
  
   
Allocated
    
Unallocated
    
Allocated
    
Unallocated
  
Shares of Dime Community Bancshares, Inc. Common Stock:
                
Number of shares
    
2,244,304
      
859,697
      
2,222,058
      
937,852
  
Cost
  
$
7,018,737
    
$
2,566,675
    
$
6,960,184
    
$
2,800,012
  
Fair value
  
$
36,537,269
    
$
13,995,867
    
$
37,597,221
    
$
15,868,456
  

During the year ended December 31, 2014, the ESOP's investment in the Company's common stock (including gains and losses on investments bought and sold, as well as held during the year) depreciated in value by $2,058,149.


9
THE EMPLOYEE STOCK OWNERSHIP PLAN OF DIME COMMUNITY BANCSHARES, INC. AND CERTAIN AFFILIATES
SCHEDULE H, LINE 4(i) - SCHEDULE OF ASSETS (HELD AT END OF YEAR) AS OF DECEMBER 31, 2014

Name of Plan Sponsor:                                                                                    Dime Community Bancshares, Inc.
Employer Identification Number (EIN):                                           11-3297463
Three Digit Plan Number (PIN):                                                              003

(a)
  
(b)
(c)
   (d)    
(e)
  
Parties
in Interest
  
Identity of
Issuer
Description of Investment
  
Cost
    
Current Value
  
  *   
 
Dime Community Bancshares, Inc.
Shares of common stock
  
$
9,585,412
    
$
50,533,136
  
     
Federated Investors
Government Obligations Fund
    
90,698
      
90,698
  
Total
         
$
9,676,110
    
$
50,623,834
  

*Party-in-interest.


10
THE EMPLOYEE STOCK OWNERSHIP PLAN OF DIME COMMUNITY BANCSHARES, INC. AND CERTAIN AFFILIATES
FORM 5500, SCHEDULE H, PART IV, LINE 4(j) - SCHEDULE OF REPORTABLE TRANSACTIONS:
FOR THE YEAR ENDED DECEMBER 31, 2014

Name of Plan Sponsor: Dime Community Bancshares, Inc.
Employer Identification Number (EIN): 11-3297463
Three Digit Plan Number (PIN): 003


(a)
 (b)  
(c)
  
(d)
  
(g)
   (h)  
(i)
  
Identity of
Party Involved
Description of asset
(include interest rate
and maturity in
case of a loan)
  
Purchase
Price
  
Selling
Price
  
Cost of
Asset
  
Current
Value
of Asset on
Transaction
Date
  
Net gain
or (loss)
  
Category iii – A series of transactions in excess of 5% of the Plan Assets
          
Federated Investors
Government Obligations Fund
  
$
2,451,252
    
$
-
    
$
2,451,252
    
$
2,451,252
    
$
-
  
Federated Investors
Government Obligations Fund
    
-
      
2,452,758
      
2,452,758
      
2,452,758
      
-
  

11
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Dime Community Bancshares, Inc. (the Plan Administrator) duly caused this report to be signed on their behalf by the undersigned thereunder duly authorized.



Dated: June 24, 2015                                              /s/ VINCENT F. PALAGIANO
                                                                                  Vincent F. Palagiano
                                                                                  Chairman of the Board and Chief Executive Officer





Dated: June 24, 2015                                              /s/ MICHAEL PUCELLA 
                                                                                  Michael Pucella
                                                                                  Executive Vice President and Chief Accounting Officer (Principal Financial Officer)

 
 
 

12