Commercial real estate concentration
A large share of lending is tied to CRE and multifamily assets, which are cyclical and collateral-sensitive.
- Scope
- Investor CRE, multifamily, construction, and land loans
- Materiality
- high
Dime Community Bancshares, Inc. /NY/
Dime Community Bancshares, Inc. is the bank holding company for Dime Community Bank, a New York-based commercial bank founded in 1910 and headquartered in Hauppauge, New York. It provides deposit, lending, treasury, and fee-based financial services to small and medium-sized businesses, municipalities, and consumers, with a strong focus on Greater Long Island and Manhattan.
902
| % | |
|---|---|
| Lending | 70% Commercial real estate, multifamily, residential, business, consumer, home equity, and construction loans. |
| Deposits and cash management | 20% Core deposit accounts plus CDARS, ICS, treasury, lockbox, and merchant services. |
| Fee-based banking services | 5% Merchant card processing, loan swap fees, account fees, and related service income. |
| Investment and title services | 5% Investment products through Dime Financial Services and title insurance brokerage through Dime Abstract. |
The bank serves small and medium-sized businesses, local municipalities, and consumers in its market area...
- Small and medium-sized businessesprimary
Borrow for commercial real estate, C&I, treasury, and deposit services to support operating and property needs.
- Municipal relationshipsprimary
Use deposit and cash management services for public-sector banking needs.
- Consumerssecondary
Buy residential mortgages, home equity loans, deposits, and retail banking services.
- Real estate investors and developersprimary
Finance multifamily, mixed-use, construction, and investor CRE properties.
- Fee-service clientssecondary
Use merchant processing, title insurance brokerage, and investment services.
The company’s primary market area is Greater Long Island and Manhattan, with New York City explicitly including the...
- •Primary market area is Greater Long Island and Manhattan
- •New York City exposure includes all five boroughs
- •Local real estate trends affect CRE and multifamily lending
- •Municipal and consumer banking are tied to the New York economy
- •Concentration increases sensitivity to regional competition
Dime’s strategy is to grow through relationship banking, emphasizing exceptional service, local market knowledge, and...
01
Relationship-led growth in core marketsshort-term
Local relationships support deposit gathering, cross-sell, and customer retention.
02
Diversify revenue with fee-based servicesmedium-term
Non-interest income reduces reliance on spread income and supports earnings stability.
03
Manage credit and concentration riskmedium-term
CRE and multifamily exposure can create outsized losses if local property markets weaken.
The company is exposed to credit risk from concentrated commercial real estate and multifamily lending, especially in...
Geographic concentration in New York
The bank’s core market is concentrated in Greater Long Island and Manhattan, increasing sensitivity to local downturns.
- Scope
- Regional employment, property values, and municipal activity
- Materiality
- high
Cybersecurity and system failures
The bank stores and processes sensitive customer data through internal and third-party systems.
- Scope
- Online banking, payments, treasury, and customer records
- Materiality
- high
Competition for loans and deposits
Banks, credit unions, insurers, and brokerages can offer more aggressive pricing and terms.
- Scope
- Net interest margin and deposit retention
- Materiality
- high
Fraud and financial crime
Deposit and lending relationships can be exposed to fraud losses despite controls.
- Scope
- Loans, payments, and account activity
- Materiality
- medium
Allowance for credit losses on loans held for investment
Provision expense, net income, and regulatory capital
Fair value measurement of securities
Other comprehensive income and equity
Loan sale gains and fee income recognition
Non-interest income and earnings comparability
: 28.4.2026