Bridgehampton banker reflects on a good year in a homey way
Bank presidents aren’t often perceived as easygoing, but at a homey shareholders meeting after a good year in a tough economy, Bridge Bancorp president Kevin O’Connor was just that as he reviewed the performance of its bank, Bridgehampton National Bank.
It was a good enough year that the bank could even survive being associated with the auto industry, O’Connor joked, noting it attracted Mullen Motors of Southold as a customer.
“You should have seen the fear in our regulators’ eyes when we said we booked an auto dealer as a customer,” O’Connor said, to laughter.
The bank’s net income in 2009 was $8.8 million, up slightly from the previous year, when many banks’ income declined or disappeared. The bank has almost $900 million in assets and has 17 branches.
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