RETIREMENT AND POSTRETIREMENT PLANS (Tables)

9 Months Ended

Sep. 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 Bancorp, 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 September 30, 2014					Three Months Ended September 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

	Nine Months Ended September 30, 2014					Nine Months Ended September 30, 2013
	BMP, Employee and Outside Director Retirement Plans			Postretirement Plan		BMP, Employee and Outside Director Retirement Plans			Postretirement Plan
Service cost	$	-		$	30	$	-		$	45
Interest cost		1,014			174		868			170
Expected return on assets		(1,332	)		-		(1,139	)		-
Amortization of unrealized loss		783			-		1,762			36
Net periodic cost	$	465		$	204	$	1,491		$	251