07/25/12 5:00pm
07/25/2012 5:00 PM

PAUL SQUIRE FILE PHOTO | The Bridgehampton National Bank branch in Wading River.

Bridge Bancorp, the parent company of Bridgehampton National Bank, issued a second quarter report this week showing net income of $3.1 million, a 24 percent increase over net income for the same period in 2011.

The bank — with branches in Greenport, Southold, Mattituck and Wading River, as well as several on the South Fork — plans to open a new branch on Shelter Island later this year.

“This quarter, we again delivered strong results, achieving impressive gains in deposits and loans and record net income,” President and CEO Kevin O’Connor said in a statement.

The bank reported total assets at $1.4 billion as of June 2012, 18 percent higher than last year. Loan growth of $89 million is 15 percent higher this year, as are deposits that total $1.23 billion for the quarter.

While the bank’s numbers are improved this year, Mr. O’Connor said “signs still point toward economic weakness. The recovery has been tepid with a continuing overhand of foreclosed homes and a marked lack of job creation.”

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02/04/12 1:05pm
02/04/2012 1:05 PM

KATHARINE SCHROEDER PHOTOS | The North Fork Chamber's Snowflake Gala Friday night.

The North Fork Chamber of Commerce held a Snowflake Gala & Awards Dinner Friday night at Raphael Winery in Peconic, honoring Bridgehampton National Bank CEO Kevin O’Connor and Cross Sound Ferry’s Wronowski family.

After a Mediterranean cocktail hour, chamber president Andy Binkowski presented community service awards to Mr. O’Connor and Adam Wronowski, who accepted on behalf of the Wronowski family.

Suffolk County Legislator Ed Romaine and Southold Town Supervisor Scott Russell were on hand to present awards and Congressman Tim Bishop, who was unable to attend, sent his congratulations.

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01/25/12 2:00pm
01/25/2012 2:00 PM

GIANNA VOLPE PHOTO | Cross Sound Ferry docked in Orient Point on Sunday. The company won this year's North Fork Chamber of Commerce Community Service Award.

Bridgehampton National Bank president Kevin O’Connor and the Wronoski family, owners of Cross Sound Ferry, are the recipients of this year’s North Fork Chamber of Commerce Community Service Award, chamber officials announced Monday.

The winners will be honored during the chamber’s Snowflake Gala on Friday, Feb. 3, at Raphael Winery in Peconic.

Newly elected chamber president Andy Binkowski, who is also the manager of Cross Sound Ferry’s Orient Point terminal, said his company and Bridgehampton National Bank were the first two businesses considered for the award by the chamber’s board.

“Those names first stuck out in our minds,” Mr. Binkowski said. “So many businesses are worthy and, hopefully, we’ll be able to continue the awards ceremony for years to come.”

Mr. Binkowski, who has worked for Cross Sound Ferry for 10 years, said the company hosts the annual fireworks cruise, giving the proceeds to different local organizations, and sponsors a $1,000 scholarship at each North Fork school. Cross Sound Ferry also donated $100,000 worth of gravel to Southold Town last year for beach restoration, he said.

Mr. Binkowski said the chamber also picked Bridgehampton National Bank because of its charitable efforts and its sponsorship of the chamber’s annual golf outing, which began five years ago.

Mr. O’Connor said in a statement that he was gratified Bridgehampton National Bank won the chamber’s community service award and plans to continue partnering with local organizations to improve the quality of life on the North Fork.

Read more about the winners and the Chamber dinner in Thursday’s issue of The Suffolk Times.

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