On November 28, 2016, Bridge Bancorp, Inc., Bridgehampton, NY (“Bridge Bancorp”), completed a shelf takedown offering of $50.0 million of its common stock.  Bridge Bancorp intends to use the proceeds generated by the offering to support organic growth, pursue strategic acquisition opportunities, and for other general corporate purposes, including contributing capital to its wholly-owned subsidiary, The Bridgehampton National Bank.

Luse Gorman served as legal counsel to Bridge Bancorp in the transaction.  The Luse Gorman team included John Gorman, Michael Brown and Elizabeth Cook.

Bridge Bancorp has approximately $3.83 billion in total assets and operates 40 branches in Nassau and Suffolk Counties on Long Island and in the New York City boroughs.