Gurney's Inn
May 03, 2006

Strictly Business


Deadline for submissions is noon on Fridays.

Earnings At Bridgehampton Bank

Net income for the first three months of 2006 at Bridge Bancorp, Inc., the holding company for The Bridgehampton National Bank, was $1,939,000, compared to earnings of $2,250,000 in the same period last year. Diluted earnings per share for the first quarter 2006 decreased five cents or 13.9% to 31 cents from 36 cents per diluted share for the first quarter of 2005. Positioning the balance sheet for the future interest rate, risk management included the repositioning of a portion of the available for sale investment securities, resulting in a net loss of $257,000 for the first quarter.

The Bridgehampton National Bank operates retail branches across the East End; its newest branch opened in Westhampton Beach in December of 2005.

Orchid Lecture At Marders

Ray Spahn will discuss orchids and various orchid issues such as repotting, reblooming, planting mediums, light conditions, and how to diagnose problems at Marders on Sunday at 10 a.m. Marders, Snake Hollow Road, Bridgehampton, 537-3700.

Pieceful Quilting Classes

Learn how to quilt and make interesting crafts at Pieceful Quilting in Riverhead. Tomorrow, "Going Postal — Postcards," a class on how to create unique postcards will be held from 6 to 8 p.m. ($15 fee), and participants in "Picture Perfect Quilt," to be held from 10 to 12:30 p.m. this and next Friday, will learn ways to show off large print fabrics and make wall hangings ($45 fee). Next Tuesday, a class on making napkins and placements called "Table Graces" will be held from 10 to 1 p.m. ($30 fee). Other classes are available throughout the month. Pieceful Quilting, 31 McDermott Avenue, Riverhead, 727-5909.

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Gurney's Inn