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CONDENSED HOLDING COMPANY ONLY FINANCIAL STATEMENTS (Tables)
 12 Months Ended
Dec. 31, 2018
CONDENSED HOLDING COMPANY ONLY FINANCIAL STATEMENTS [Abstract]  
Condensed Statements of Financial Condition
DIME COMMUNITY BANCSHARES, INC.
CONDENSED STATEMENTS OF FINANCIAL CONDITION

  
At December 31,
 
  
2018
  
2017
 
ASSETS:
      
Cash and due from banks
 
$
20,467
  
$
58,723
 
Marketable equity securities at fair value
  
5,667
   
—
 
Investment securities available-for-sale
  
—
   
4,006
 
Trading securities
  
—
   
2,715
 
MBS available-for-sale
  
—
   
321
 
Investment in subsidiaries
  
689,523
   
643,260
 
Other assets
  
542
   
3,154
 
Total assets
 
$
716,199
  
$
712,179
 
         
LIABILITIES AND STOCKHOLDERS’ EQUITY:
        
Subordinated debt, net
 
$
113,759
  
$
113,612
 
Other liabilities
  
359
   
—
 
Stockholders’ equity
  
602,081
   
598,567
 
Total liabilities and stockholders’ equity
 
$
716,199
  
$
712,179
 
Condensed Statements of Operations and Other Comprehensive Income
DIME COMMUNITY BANCSHARES, INC.
CONDENSED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME (1)

  
Year Ended December 31,
 
  
2018
  
2017
  
2016
 
Net interest loss
 
$
(5,151
)
 
$
(5,427
)
 
$
(4,852
)
Dividends received from Bank
  
8,000
   
8,000
   
12,000
 
Non-interest income (loss)
  
(302
)
  
249
   
478
 
Non-interest expense
  
(814
)
  
(2,002
)
  
(668
)
Income before income taxes and equity in undistributed earnings of direct subsidiaries
  
1,733
   
820
   
6,958
 
Income tax credit
  
2,021
   
3,274
   
2,251
 
Income before equity in undistributed earnings of direct subsidiaries
  
3,754
   
4,094
   
9,209
 
Equity in undistributed earnings of subsidiaries
  
47,534
   
47,788
   
63,305
 
Net income
 
$
51,288
  
$
51,882
  
$
72,514
 

(1)
Other comprehensive income for the Holding Company approximated other comprehensive income for the consolidated Company during the years ended December 31, 2018, 2017 and 2016.
Condensed Statements of Cash Flows
DIME COMMUNITY BANCSHARES, INC.
CONDENSED STATEMENTS OF CASH FLOWS

  
Year Ended December 31,
 
  
2018
  
2017
  
2016
 
Cash flows from Operating Activities:
         
Net income
 
$
51,288
  
$
51,882
  
$
72,514
 
Adjustments to reconcile net income to net cash provided by operating activities:
            
Equity in undistributed earnings of direct subsidiaries
  
(47,534
)
  
(47,788
)
  
(63,305
)
Net (gain) loss on marketable equity and trading securities
  
302
   
(169
)
  
(83
)
Net accretion
  
147
   
81
   
—
 
Loss from extinguishment of debt
  
—
   
1,272
   
—
 
Decrease (Increase) in other assets
  
2,621
   
1,442
   
(2,206
)
(Decrease) Increase in other liabilities
  
359
   
(994
)
  
(7
)
Net cash provided by operating activities
  
7,183
   
5,726
   
6,913
 
             
Cash flows from Investing Activities:
            
Proceeds from sale of investment securities available-for-sale
  
274
   
377
   
—
 
Proceeds from the sale of marketable equity and trading securities
  
1,059
   
4,629
   
3,648
 
Purchases of investment securities available-for-sale
  
(311
)
  
(145
)
  
(22
)
Reimbursement from subsidiary, including purchases of investment securities available-for-sale
  
44
   
175
   
303
 
Net purchases of trading securities
  
—
   
(222
)
  
(317
)
Principal collected on MBS available-for-sale
  
42
   
49
   
59
 
Principal repayments on ESOP loan
  
—
   
—
   
209
 
Net cash provided by investing activities
  
1,108
   
4,863
   
3,880
 
             
Cash flows from Financing Activities:
            
Redemption of preferred stock
  
—
   
(1
)
  
—
 
Common Stock issued for exercise of stock options
  
954
   
792
   
3,669
 
Repayment of trust preferred securities
  
—
   
(70,680
)
  
—
 
Proceeds from subordinated debt issuance, net
  
—
   
113,531
   
—
 
Treasury shares repurchased
  
(25,881
)
  
—
   
—
 
Equity award distribution
  
76
   
236
   
65
 
BMP ESOP shares received to satisfy distribution of retirement benefits
  
(883
)
  
(3,905
)
  
(1,820
)
Capital contribution to subsidiary
  
—
   
(20,000
)
  
—
 
Cash dividends paid to stockholders
  
(20,813
)
  
(20,991
)
  
(20,569
)
Net cash used in financing activities
  
(46,547
)
  
(1,018
)
  
(18,655
)
             
Net (decrease) increase in cash and due from banks
  
(38,256
)
  
9,571
   
(7,862
)
Cash and due from banks, beginning of period
  
58,723
   
49,152
   
57,014
 
Cash and due from banks, end of period
 
$
20,467
  
$
58,723
  
$
49,152