SECURITIES AND EXCHANGE COMMISSION

                             Washington, D. C. 20549


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                                   FORM 8-K/A

                                 CURRENT REPORT

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                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported): June 26, 1996


                          Dime Community Bancorp, Inc.
             (Exact name of registrant as specified in its charter)



          Delaware                         0-27782               11-3297463
(State or other jurisdiction     (Commission File Number)       (IRS Employer
      of incorporation)                                      Identification No.)


209 Havemeyer Street, Brooklyn, New York                            11211
(Address of principal executive offices)                          (Zip Code)


Registrant's telephone number, including area code: (718) 782-6200


                                 Not Applicable
          (Former name or former address, if changed since last report)

Item 7. Financial Statements and Exhibits. (b) PRO FORMA FINANCIAL INFORMATION The following financial statement presents the unaudited consolidated statement of condition of Dime Community Bancorp, Inc. and Subsidiary (the "Company") as of June 30, 1996, which includes the assets and liabilities acquired from Conestoga Bancorp, Inc. ("Conestoga"), and the audited consolidated statement of condition of the Company as of June 30, 1995. Since the acquisition of Conestoga occurred substantially at year end (June 26, 1996) a Pro Forma Combined Statement of Condition is not presented. page 2

DIME COMMUNITY BANCORP, INC. AND SUBSIDIARY - CONSOLIDATED STATEMENTS OF CONDITION JUNE 30, 1996 AND 1995 (In Thousands) (Unaudited) 1996 1995 ----------- ----------- ASSETS: Cash and due from banks ................................................. $ 17,055 $ 6,807 Investment securities held to maturity (estimated market value of $43,428 and $51,254 at June 30, 1996 and June 30, 1995 respectively) ......................................................... 43,552 51,475 Investment securities available for sale: Bonds and notes (amortized cost of $338,141 and $42,350 at June 30, 1996 and June 30, 1995, respectively) ........................ 338,089 42,349 Marketable equity securities (historical cost of $2,977 and $3,304 at June 30, 1996 and June 30, 1995, respectively) .............. 3,205 3,070 Mortgage-backed securities held to maturity (estimated market value of $52,596 and $54,172 at June 30, 1996 and June 30, 1995 respectively) .......................................................... 52,580 53,815 Mortgage-backed securities available for sale (amortized cost of $156,962 and $36,728 at June 30, 1996 and June 30, 1995, respectively) .......................................................... 157,361 37,733 Federal funds sold ...................................................... 115,130 17,809 Loans Real estate ........................................................... 577,663 425,965 Other loans ........................................................... 5,564 3,751 Less allowance for loan losses ........................................ (7,812) (5,174) ----------- ----------- Total loans, net ........................................................ 575,415 424,542 ----------- ----------- Loans held for sale ..................................................... 459 138 Premises and fixed assets ............................................... 14,399 5,921 Federal Home Loan Bank of New York capital stock ........................ 7,604 4,801 Other real estate owned, net ............................................ 1,946 4,466 Goodwill ................................................................ 27,903 -- Other assets ............................................................ 17,123 9,813 ----------- ----------- TOTAL ASSETS ............................................................ $ 1,371,821 $ 662,739 =========== =========== LIABILITIES AND EQUITY LIABILITIES: Due to depositors ....................................................... $ 950,114 $ 554,841 Escrow and other deposits ............................................... 141,732 12,109 Securities sold under agreements to repurchase .......................... 11,998 2,110 Federal Home Loan Bank of New York advances ............................. 15,710 15,710 Payable for securities purchased ........................................ 33,994 -- Accrued postretirement benefit obligation ............................... 2,381 -- Other liabilities ....................................................... 2,821 902 ----------- ----------- TOTAL LIABILITIES ....................................................... 1,158,750 585,672 ----------- ----------- COMMITMENTS AND CONTINGENCIES EQUITY: Preferred Stock ($0.01 par, 9,000,000 shares authorized, none outstanding at June 30, 1996 and 1995) ............................................ -- -- Common Stock ($0.01 par, 45,000,000 shares authorized, 14,547,500 shares outstanding at June 30, 1996, none outstanding at June 30, 1995) ...... 145 -- Additional paid-in capital .............................................. 141,240 -- Employee Stock Ownership Plan ........................................... (11,541) -- Retained earnings ....................................................... 82,916 76,651 Unrealized gain on securities available for sale, net of deferred taxes . 311 416 ----------- ----------- TOTAL EQUITY ............................................................ 213,071 77,067 ----------- ----------- TOTAL LIABILITIES AND EQUITY ............................................ $ 1,371,821 $ 662,739 =========== =========== page 3

UNAUDITED PRO FORMA COMBINED STATEMENTS OF OPERATIONS The following Unaudited Pro Forma Combined Statement of Operations for the year ended June 30, 1996 reflects the Acquisition of Conestoga by the Company. Pro forma adjustments have been prepared assuming that the Acquisition was consummated as of July 1, 1995. The historical portion of the Unaudited Pro Forma Combined Statements of Operations for the year ended June 30, 1996 has been derived from the unaudited historical statement of operations of the Company for the year ended June 30, 1996 and the audited historical statement of operations of Conestoga for the year ended March 31, 1996. The financial statements have been prepared under the purchase method of accounting. Under purchase accounting, the acquired assets and liabilities of Conestoga are recognized at their fair value as of the date of the acquisition. The Pro Forma Combined Statement of Operations for the year ended June 30, 1996 does not purport to be indicative of the financial position or operating results which would have been achieved had the Acquisition been consummated as of July 1, 1995 and should not be construed as representative of future operating results. The pro forma adjustments are based upon available information and assumptions the Bank believes are reasonable under the circumstances. page 4

Unaudited Pro Forma Combined Statement of Operations For the Year Ended June 30, 1996 Dime Community Conestoga Purchase Pro Forma Note Bancorp,Inc. Bancorp, Inc. Adjustments Combined Reference ------------ ------------- ----------- -------- --------- (In thousands) Interest income: Loans............................. $39,654 $ 9,069 $ 58 $48,781 (1) Investment securities............. 5,738 8,761 49 14,548 (1) Mortgage backed securities........ 5,927 12,383 (22) 18,288 (1) Federal funds sold................ 1,300 2,189 - 3,489 ------- ------- ------- ------- Total interest income............. 52,619 32,402 85 85,106 Interest expense: Deposits and escrow............... 22,508 17,084 168 39,760 (1) Borrowed funds.................... 1,008 1,209 - 2,217 ------- ------- ------- ------- Total interest expense............ 23,516 18,293 168 41,977 Net interest income............... 29,103 14,109 (83) 43,129 Provision for loan losses 2,979 104 - 3,083 ------- ------- ------- ------- Net interest income after provision for loan losses......... 26,124 14,005 (83) 40,046 ------- ------- ------- ------- Non-interest income: Service charges and other fees.... 911 568 - 1,479 Gain (loss) on sales of securities and other assets.................. (30) 1,771 - 1,741 Net gain (loss) on sales of loans. 12 - - 12 Other............................. 482 251 - 733 ------- ------- ------- ------- Total non-interest income......... 1,375 2,590 - 3,965 ------- ------- ------- ------- Non-interest expense: Salaries and employee benefits.... 7,359 3,792 (1,497) 9,654 (2) ESOP and RRP benefits............. 114 1,045 1,045) 114 (3) Occupancy and equipment........... 1,775 1,454 (107) 3,122 (1) Federal deposit insurance premiums.......................... 109 938 - 1,047 Data Processing................... 557 460 - 1,017 Amortization of goodwill.......... 25 - 2,325 2,350 (4) Merger related expenses............ - 842 (842) - (6) Provision for losses on Other real estate owned................. 586 - - 586 Other............................. 3,496 1,735 (231) 5,000 (5) ------- ------- ------- ------- Total non-interest expense........ 14,021 10,266 (1,397) 22,890 ------- ------- ------- ------- Income before income tax expense and cumulative effect of changes in accounting principles........................ 13,478 6,329 1,314 21,121 Income tax expense................ 6,181 3,119 1,674 10,974 (7) ------- ------- ------- ------- Income before cumulative effect of changes in accounting principles........................ $ 7,297 $ 3,210 $ (360) $10,147 ======= ======= ======= ======= (Notes on following page) page 5

Notes to Unaudited Pro Forma Combined Statement of Operations Amounts in Thousands (1) Represents the amortization of the following adjustments to Conestoga's loan, investment securities, mortgage-backed securities, deposits and premises and equipment to new cost basis in purchase accounting. Total Purchase Accounting Annual Item Adjustment Amortization ---- ---------- ------------ Loans............................. $ 463 $ 58 Investment securities............. 249 50 Mortgage-backed securities...................... (112) (23) Deposits.......................... 839 168 Premises and equipment............ 4,288 107 (2) To record reduction in employee salaries and benefits expense resulting from reductions in Conestoga staffing levels. (3) To reflect the decrease in ESOP and RRP expense resulting from the termination of Conestoga plans. (4) Represents amortization of goodwill of $27,903 acquired in the Acquisition over a period of 12 years. (5) To record the reductions in the following operating expenses: Directors' fees.............. $204 Automobile Expense........... 27 ---- $231 ==== (6) To reflect the elimination of attorney, consulting and accounting expenses incurred by Conestoga related to the merger transaction. (7) To reflect the income tax effect of the adjustments described in Notes (1) through (6). page 6

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dime Community Bancorp, Inc. By: /s/ Kenneth J. Mahon --------------------------------- Kenneth J. Mahon Senior Vice President and Chief Financial Officer Dated: September 9, 1996 page 7