RETIREMENT AND POSTRETIREMENT PLANS (Tables)

6 Months Ended

Jun. 30, 2014

RETIREMENT AND POSTRETIREMENT PLANS [Abstract]

Schedule of Net Benefit Costs

The Holding Company or the Bank maintains the Retirement Plan of The Dime Savings Bank of Williamsburgh (the "Employee Retirement Plan"), the Retirement Plan for Board Members of Dime Community Bancshares, Inc. (the "Outside Director Retirement Plan"), the BMP, and the Postretirement Welfare Plan of The Dime Savings Bank of Williamsburgh (the "Postretirement Plan").  Net expenses associated with these plans were comprised of the following components:

	Three Months Ended June 30, 2014					Three Months Ended June 30, 2013
	BMP, Employee and Outside Director Retirement Plans			Postretirement Plan		BMP, Employee and Outside Director Retirement Plans			Postretirement Plan
Service cost	$	-		$	10	$	-		$	15
Interest cost		338			58		290			57
Expected return on assets		(444	)		-		(380	)		-
Amortization of unrealized loss		261			-		587			12
Net periodic cost	$	155		$	68	$	497		$	84

	Six Months Ended June 30, 2014					Six Months Ended June 30, 2013
	BMP, Employee and Outside Director Retirement Plans			Postretirement Plan		BMP, Employee and Outside Director Retirement Plans			Postretirement Plan
Service cost	$	-		$	20	$	-		$	30
Interest cost		676			116		579			114
Expected return on assets		(888	)		-		(759	)		-
Amortization of unrealized loss		522			-		1,174			24
Net periodic cost	$	310		$	136	$	994		$	168