More cities to log in to e-stamping

The government is hurrying up the expansion of e-stamping across the state. What has spurred it is the success of the pilot project in Bangalore. Another reason is banks’ refusal to continue to sell stamp papers due to shortage of staff.

Diluted earnings per share were affected by equity compensationexpense of $0.07 and $0.06 for the six months ended June 30, 2009 and 2008,respectively, while diluted shares outstanding for the six months ended June30, 2009 declined 4.1% to 7.9 million.Sales of our consumable products continued to be stable in the second quarterdespite the challenging economic environment, while demand for our diagnosticproducts remained weak. The Russell indexes are widely followed broad marketindexes representing the 3000 largest U.S. stocks, in terms of marketcapitalizations, and are reconstituted annually adding and deleting certaincompanies. This year's revision occurred on June 26th and Bridge Bancorp'saddition demonstrates the increasing market value of our Company and maygenerate additional investor interest," continued Mr. O'Connor.Net Earnings and ReturnsNet income for the quarter ended June 30, 2009 was $2.0 million or $.33 pershare, compared to $2.2 million or $.37 per share, for the same period in 2008.The results this quarter include a charge of $375 thousand or $.04 per sharerelated to the FDIC special assessment imposed on all banks. O'Connor, the President and CEO of Bridge Bancorp, Inc."On a broader note, this quarter, we saw an increase in the volume of sharestraded, partly attributable to our addition to the Russell 3000(r) and 2000(r)stock market indexes.

The industryand economy, both nationally and locally, face continuing challenges, impactingour customers and markets. Our improving margins, stemming from loan and depositgrowth, offset additional loan loss provisions and escalating regulatory costs,"commented Kevin M. *The addition of the Company's shares to the Russell 3000(r)stock market index. *The announcement of a Dividend Reinvestment Plan and declaredquarterly dividend of $.23 per share."These results, despite the additional cost associated with the FDIC specialassessment, continue to reflect our strong underlying performance. *Deposits of $700 million, an increase of 13% compared toJune 30, 2008 levels *The opening of a 15th branch, in Shirley, NY. *Annualized loan growth of 12%, with loans totaling $447 million,at June 30, 2009. *Net interest income of $8.9 million compared to $7.3 millionin 2008 with a net interest margin of 4.78%.

*Returns on average assets and equity, excluding the impact ofthe special assessment of 1.12% and 16.56%, respectively. Forrester - President, CEO, 812-273-4949 Copyright Business Wire 2009. BRIDGEHAMPTON, N.Y., July 21, 2009 (GLOBE NEWSWIRE) -- Bridge Bancorp, Inc.(Nasdaq:BDGE), the parent company of The Bridgehampton National Bank, todayannounced net income and earnings per share for the second quarter of 2009;highlights for the quarter include: *Net income of $2.0 million or $.33 per share, including anexpense of $.4 million or $.04 per share for a FDIC SpecialAssessment. The Corporation undertakes no obligation to releaserevisions to these forward-looking statements or reflect events or circumstancesafter the date of this release River Valley BancorpMatthew P. Forward-looking statements include expressions such as "expects," "intends,""believes," and "should," which are necessarily statements of belief as to theexpected outcomes of future events Actual results could materially differ fromthose presented. The Corporation's ability to predict future results involves anumber of risks and uncertainties, some of which have been set forth in theCorporation's most recent annual report on Form 10-K filed with the Securitiesand Exchange Commission.

The last reported trade of "RIVR" stock on July 17, 2009 was at $13.80. River Valley Financial Bank`scapital as of June 30, 2009 stood at 8.02% Core Capital, 11.10% Tier 1 RiskBased Capital, and 11.70% Total Risk Based Capital. We strongly believe thatwe have recognized potentially bad news quickly so we can get back toperformance indices reflective of the genuine strength of the Corporation." As of June 30, 2009, the Bank exceeded all three regulatory capital standardsassociated with a "well capitalized" institution. The minimum regulatorystandard to be considered "well capitalized" is 4% Core Capital, 5% Tier 1 RiskBased Capital, and 8% Total Risk Based Capital. Management and the Board of Directorsfelt it was appropriate to build our allowance for loan losses to match theunpredictability of this historic chapter in banking. "Thefundamentals of our business in this environment would be consideredoutstanding; however, the uncertainty surrounding future loan losses in our loanportfolio is disconcerting. We can reasonably assume loan losses over short andintermediate periods of time.