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Overview
A community bank that provides personal and business banking services, including checking and savings accounts, and certificates of deposit (CDs). It uses a mix of in-person customer service and digital options like online and mobile banking to serve local individuals and businesses. Revenue comes from interest rate spreads on loans and deposits plus service fees. The bank emphasizes local economic growth and security, highlighted by adopting a .bank domain to enhance digital banking safety. Compared with larger banks, it differentiates itself through a strong local focus, personalized service, and a combination of traditional and digital banking experiences. The goal is to support community growth by offering dependable financial services to residents and local businesses while maintaining secure digital banking choices.
About The Dime Bank
Industries
Financial Services
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Honesdale, Pennsylvania
Founded
N/A
Simplify's Take
What believers are saying
- Q1 2026 net income rose 48.7% to $4.8 million, with ROAA 1.68%.
- Deposits reached $981.3 million and loans reached $845.6 million by March 31, 2026.
- June 2026 Kroll assigned Dime Commercial Bancshares a positive ratings outlook.
What critics are saying
- CRE concentration stayed high at 374% of capital, inviting stricter supervision.
- Asset growth needed liquidity from securities sales, compressing flexibility if deposits slow.
- A bad equipment-finance credit cycle in 2027 could hit a bank this small hard.
What makes The Dime Bank unique
- The Dime Bank's .bank migration hardens customer trust and fraud defense.
- Nine branches in Lackawanna, Pike, and Wayne counties anchor local relationship banking.
- Equipment and Franchise Finance adds specialized commercial lending beyond plain vanilla community banking.
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Benefits
Professional Development Budget
Company News
Dimeco Inc., the holding company for The Dime Bank, reported net income of $4.8 million for the first quarter of 2026, up $1.6 million from the same period last year. Total assets reached $1.1 billion as of 31st March, an increase of $40.2 million year-on-year. Total loans grew by $61.6 million to $845.6 million, whilst deposits increased by $47.3 million to $981.3 million. The company also announced dividends of 45 cents per share for the first quarter, representing a 7.1% increase. The Dime Bank operates nine branches across Lackawanna, Pike and Wayne counties.
DINGMANS FERRY, PA - The Dime Bank announced a $9,000 donation to the Pocono Environmental Education Center (PEEC) through the PA Department of Community and Economic Development's Educational Improvement Tax Credit.
The Dime Bank is Hiring for 2 Jobs on Simplify!
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About The Dime Bank
Industries
Financial Services
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Honesdale, Pennsylvania
Founded
N/A
The Dime Bank is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today