Growth in Loans, Core Deposits and Record Net Interest Income

Bridge Bancorp, Inc. (NASDAQ:BDGE), the parent company of The Bridgehampton National Bank (“BNB”), today announced its results for the second quarter of 2015 and reported core net income and core earnings per share of $5.4 million and $.43 per share, respectively. Core net income excludes $5.3 million in costs, net of income taxes, associated with the June 19, 2015 acquisition of Community National Bank (“CNB”) and a reduction in income tax expense of $.4 million associated with changes in New York City tax law enacted in the second quarter of 2015. Net income and earnings per share inclusive of these charges was $.5 million or $.04 per share, respectively. Click here for more.