Bridge Bancorp completed the merger with Dime Community Bancshares in a $489m deal.

Bridge Bancorp, the parent company of BNB Bank, completed the merger with Dime Community Bancshares, the parent company of Dime Community Bank, in a $489m deal. "This highly compelling combination will allow us to build on our complementary strengths and provide significant value for shareholders. Dime has earned its strong reputation in the greater New York metropolitan market, and I’m thrilled to partner with them. Our enhanced branch footprint and increased capital base will allow us to better serve the needs of our customers. In addition, both companies have strong balance sheets and demonstrated histories of low loan losses through prior cycles, which give me confidence that we will be well-positioned to succeed in any environment. I look forward to working closely with Ken and the entire Dime team as we collectively become New York’s premier community bank," Kevin O’Connor, Bridge Bancorp President and CEO.