Corporate and Stockholder Information
Dimeco, Inc. is the holding company of The Dime Bank. The mission of Dimeco, Inc. is to provide to the public traditional banking and related services with sound, prudent banking principles while fulfilling the social, economic, moral and political considerations ordinarily associated with a responsible, well-run banking corporation.
PO Box 509
820 Church Street
Honesdale PA 18431
- Financial Highlights
- President's Message and More
- MD&A Schedules
- Audited Financial Statements *
- Proxy Statement
*If you would like a copy of the Audited Financial Statements and/or Quarterly Statements, please contact us by written or oral request to Dimeco, Inc., 820 Church Street, PO Box 509, Honesdale, Pennsylvania 18431, (570) 253-1970.
- The Bank trades on the OTC Pink Marketplace under symbol “DIMC,” operated by OTC Markets Group.
American Stock Transfer & Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219
Dividend Reinvestment Plan
The Company offers a plan for stockholders to automatically reinvest their dividends in shares of common stock along with the opportunity to purchase additional stock. There are no brokerage commissions or fees imposed.
Contact the transfer agent to enroll in the dividend reinvestment plan, replace lost stock certificates or to change name and address.
Dimeco, Inc. Stock Market Makers
Boenning & Scattergood, Inc.
Four Tower Bridge
200 Barr Harbor Drive, Suite 300
West Conshohocken, PA 19428-2979
FIG Partners, LLC
1475 Peachtree Street NE, Suite 800
Atlanta, GA 30361
Raymond James & Associates
222 South Riverside Plaza, 7th Floor
Chicago, IL 60606
Stifel, Nicolaus & Company, Inc.
670 N. River Street
Wilkes Barre, PA 18705
Board of Directors
John S. Kiesendahl
John S. Kiesendahl is the President and Chief Executive Officer of Woodloch Pines Inc., a resort located in Hawley, Pennsylvania since 1981. He is a principal in several businesses associated with the resort. Mr. Kiesendahl has been a member of the Bank’s Board of Directors since 1985 and has been an active member or chair of several committees. His extensive business experience in the operation of a family resort, its affiliated golf course and residential community includes all aspects of the business including hospitality operations, real estate development and financing.
Todd J. Stephens
Todd J. Stephens was born and raised in Wayne County, Pennsylvania. He is the Chief Operating Officer for the Medical Shoppe, LTD, parent company of Stephens Pharmacy and Northeast Med-Equip., holding this position since 2007. He is also the founder and managing partner of Northeast Accessibility, a provider of specialty equipment and solutions for persons with limited mobility. Prior to that, he was employed with Boston Coach Corp., a wholly owned subsidiary of Fidelity Investments. During his 16-year tenure with that Company, he rose to the level of Senior Vice President with responsibilities for national operations, directing marketing and commerce efforts and managing a national sales organization.
Gary C. Beilman
Gary C. Beilman is the President and Chief Executive Officer of the Company and Bank. Mr. Beilman was appointed President and Director on January 1, 2005. He was previously appointed Chief Executive Officer on January 1, 2002. Prior to January 2002, Mr. Beilman served the Company and Bank in various capacities. Mr. Beilman has been employed in the financial services industry since 1976, serving in various capacities in three institutions. He is actively involved in numerous community, charitable and civic organizations. Mr. Beilman is the brother-in-law of Maureen H. Beilman.
John F. Spall, Esq.
John F. Spall is an attorney, practicing in Hawley, Pennsylvania since 1971. Mr. Spall has been active in all phases of the legal profession for over forty years with an emphasis on real estate transactions. He is a former solicitor for numerous municipalities and has been Assistant District Attorney for Wayne County. He currently serves as President of the Wallenpaupack Area School District Board of Education.
Henry M. Skier
Henry M. Skier is President of A.M. Skier Agency, Inc., an insurance agency, located in Hawley, Pennsylvania since 1973. Mr. Skier has been a member of the Bank’s Board of Directors since 1982. He has participated in many Board committees during his tenure on the board. He is a lifelong resident of Honesdale and is involved in numerous community and civic affairs in Wayne County along with involvement in various summer camping organizations. His business, A.M. Skier Agency, Inc., is one of the largest independent insurers of children’s summer camps in the United States. Additionally, Mr. Skier has been a founder, director and officer in numerous camp related entities on both the state and national levels. As such, he brings to the Board an expertise regarding this industry in which the Bank has a loan concentration.
Thomas A. Peifer
Thomas A. Peifer is retired. Prior to his retirement in 2001, Mr. Peifer was Superintendent of the Wallenpaupack Area School District in Hawley, Pennsylvania which provided him personal relationships with numerous area residents who comprise a significant portion of our marketplace. He was the President of Metlag, Inc., a franchised retail Agway store, a business that he sold in 2014. As a local businessman and lifetime resident of Pike County, he provides knowledge of this market area in which we operate two branch locations. This proficiency is further enhanced by his numerous community and civic affiliations.
Barbara J. Genzlinger
Barbara J. Genzlinger is one of the original founders in the early 1980s of The Settlers Inn, a country inn located in Hawley, Pennsylvania and currently serves as Co-chair of the Board of Settlers Hospitality Group. Ms. Genzlinger is personally involved in various hospitality businesses daily and interacts regularly with many area residents. She is active in numerous community and civic organizations along with the national innkeepers’ organization.
David D. Reynolds, M.D.
David D. Reynolds, M.D. is the President and Chief Executive Officer of Northeastern Gastroenterology Associates, President, Chief Executive Officer and Medical Director of Mountain Laurel Surgical Center and Maple City Anesthesia, LLC and a partner at SGR Real Estate. He is board certified in gastroenterology and is active in numerous medical organizations. On a local level, Dr. Reynolds has been involved in several local youth sport programs including wrestling, soccer and baseball.
Gregory J. Frigoletto
Gregory J. Frigoletto is the District Superintendent of Wayne Highlands School District and longtime resident of Wayne County. He has an extensive background serving our community with twenty-five years in the field of education at Wayne Highlands School District, including nineteen as an administrator. He is actively involved in numerous local charitable and civic organizations.
Brian T. Kelly
Brian T. Kelly is a Certified Public Accountant and owner of Brian T. Kelly CPA & Associates, LLC with offices in Carbondale, Honesdale and Old Forge. He has over twenty years of experience in public accounting, providing audit, tax, and consulting services to various clients. He is actively involved in numerous professional organizations and youth sports programs including coaching youth soccer.
Robert E. Genirs
Dimeco, Inc.’s board of directors is committed to oversight through active participation during monthly meetings. Strong corporate governance is cultivated through an atmosphere of trust and candor. Diversity of thought is encouraged to bring “thinking outside the box”, a facet that we consider crucial to healthy boardroom dynamics. Through involvement in their personal area of expertise and with a wide array of charitable and civic organizations, the board maintains community connections and utilizes well-rounded experience to assist in decision making for Dimeco, Inc.
Our qualified board is fully seasoned and its entirety has well over a century of directorial experience and leadership in the business community. Our directors are actively involved in bringing business to our bank and actively participate on several committees including Loan, Wealth Management, Technology, Audit, Community Reinvestment Act and 401(k).
Members arrive at meetings prepared to evaluate the presentations of management in order to ensure that Dimeco, Inc. and its subsidiary, The Dime Bank, are managed in the best interests of our shareholders and that our business practices conform to the highest standards of integrity.