Dime Community Bancshares 10-Q2003 Q1 Quarterly report

Filed: 15 May 03, 12:00am

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Removed: accelerated, administrative, branch, depository, eleven, exclude, Insured, lesser, leverage, moving, noted, obtained, previously, profile, reinstatement, removal, replace, requirement, satisfaction, shorter, slower, small, strongest, tangible, warranted

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Exhibit 99.1

CHIEF EXECUTIVE OFFICER CERTIFICATION PURSUANT TO 18 U.S.C. 1350

I, Vincent F. Palagiano, Chief Executive Officer of Dime Community Bancshares, Inc. (the "Company"), do hereby certify as follows:

(1)

The Quarterly Report on Form 10-Q of the Company for the three months ended March 31, 2003 (the "Report") fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934; and

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

By:

/s/ VINCENT F. PALAGIANO

Vincent F. Palagiano

Chairman of the Board and Chief Executive Officer