Dime Community Bancshares Q4 Earnings Call Highlights
Reddy said fourth-quarter reported NIM was 311 basis points , including about two basis points of benefit from prepayment fees. Excluding those fees, NIM would have been 309 basis points , compared with 298 basis points in the third quarter (excluding prepayment fees). He also noted the bank’s NIM has increased for seven consecutive quarters and has now surpassed the 3% mark .Chief Operating Officer and CFO Avi Reddy added that core results excluded approximately $2.4 million in pre-tax severance and $2.7 m ...