bridge bancorp inc (BDGE) Key Developments
Bridge Bancorp, Inc. Announces Executive Appointments
Jun 22 15
On June 19, 2015, Bridge Bancorp, Inc. completed its acquisition of Community National Bank through the merger of CNB with and into the Bridgehampton National Bank (bank), with the Bank as the surviving institution. Effective June 19, 2015, as a result of the completion of the merger and pursuant to the merger agreement, Christian Yegen and Daniel Rubin, former directors of CNB, have been appointed to the Boards of Directors of the company and the bank. Yegen and Mr. Rubin are eligible to participate in any compensation and benefit plans applicable to directors of the company and the Bank.
Bridge Bancorp, Inc. Approves Amendment to the Certificate of Incorporation
May 12 15
Bridge Bancorp, Inc. shareholders approved the proposal regarding the amendment of certificate of incorporation to increase the number of shares of common stock, par value $0.01 per share, that Bridge Bancorp is authorized to issue from 20 million to 40 million at its AGM held on May 8, 2015.
Bridge Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 29 15
Bridge Bancorp, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, interest income was $20,507,000 against $17,358,000 a year ago. Net interest income was $18,695,000 against $15,536,000 a year ago. Net interest income after provision for loan losses was $17,895,000 against $14,836,000 a year ago. Income before income taxes was $7,389,000 against $625,000 a year ago. Net income was $4,763,000 against $406,000 a year ago. Basic and diluted earnings per share were $0.41 against $0.04 a year ago. Return on average total assets was 0.85% against 0.08% a year ago. Return on average stockholders' equity was 10.74% against 0.94% a year ago. Tangible book value per share was $14.52 against $13.26 a year ago.
Bridge Bancorp, Inc., Annual General Meeting, May 08, 2015
Apr 15 15
Bridge Bancorp, Inc., Annual General Meeting, May 08, 2015., at 11:00 US Eastern Standard Time. Location: Company Headquarters. Agenda: To approve the issuance of shares of Bridge Bancorp, Inc. common stock to Community National Bank shareholders at the completion of the merger of Community National Bank with and into The Bridgehampton National Bank pursuant to an Agreement and Plan of Merger dated December 14, 2014.
Bridge Bancorp, Inc. Announces First Quarter 2015 Dividend, Payable on April 30, 2015
Apr 3 15
Bridge Bancorp, Inc. announced the declaration of a quarterly dividend of $0.23 per share. The dividend will be payable on April 30, 2015 to shareholders of record as of April 17, 2015.