UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549


                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: September 30, 2009
                                               ------------------

Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one):  [ ] is a restatement.
                                  [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     New York Community Bank
Address:  615 Merrick Avenue
          Westbury, New York 11590

13F File Number:  28-10207

              The institutional investment manager filing this report and the
         person by whom it is signed hereby represent that the person signing
         the report is authorized to submit it, that all information contained
         herein is true, correct and complete, and that it is understood that
         all required items, statements, schedules, lists, and tables, are
         considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:     John Pinto
Title:    Executive Vice President/Chief Accounting Officer
Phone:    (516) 683-4466

Signature, Place, and Date of Signing:

/s/ John Pinto                 Westbury, New York           October 29, 2009
- -----------------------      -----------------------     ----------------------
    [Signature]                   [City, State]                 [Date]

Report Type (Check only one.):

[ ]  13F HOLDING REPORT. (Check here if all holdings of this reporting manager
     are reported in this report.)

[ ]  13F NOTICE. (Check here if no holdings reported are in this report, and
     all holdings are reported by other reporting manager(s).)

[X]  13F COMBINATION REPORT. (Check here if a portion of the holdings for this
     reporting manager are reported in this report and a portion are reported
     by other reporting manager(s).)

List of Other Managers Reporting for this Manager:

Form 13F File Number 28-01221

Name:  Peter B. Cannell & Co., Inc.

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                              FORM 13F SUMMARY PAGE

                                 REPORT SUMMARY

Number of other included managers:       1

Form 13F Information Table Entry Total:  2

Form 13F Information Value Total:        $934 (thousand)

List of Other Included Managers:

        Provide a numbered list of the name(s) and Form 13F file number(s) of
all institutional investment managers with respect to which this report is
filed, other than the manager filing this report.


        No.         Form 13F File Number       Name

        1           28-10200                   New York Community Bancorp, Inc.


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                                                        FORM 13F INFORMATION TABLE

                                                         MARKET                                                  VOTING AUTHORITY
                                                         VALUE    SHARES/   SH/   PUT/   INVESTMENT   OTHER    --------------------
         NAME OF ISSUER         TITLE OF CLASS  CUSIP   (x$1000)  PRN AMT   PRN   CALL   DISCRETION  MANAGERS  SOLE   SHARED   NONE
- ------------------------------  --------------  -----   -------   -------   ---   ----   ----------  --------  ----   ------   ----

                                                                                        
State Bancorp                      Comm        855716106  $845     100,000     SH           Defined       1     100,000
Sander Morris Harris Group         Comm        80000Q104  $ 89      15,000     SH           Defined       1      15,000