Bridge Bancorp in Bridgehampton, N.Y., has changed its bank’s name ahead of a charter change.

The $4.3 billion-asset company, which recently received approval to switch to a state charter, plans to rebrand its Bridgehampton National Bank as BNB Bank. The bank has filed an application with the Federal Reserve to stay in the Federal Reserve System; approval is expected by the end of this year.

Bridge also said in a press release Wednesday that it will record a fourth-quarter charge of up to $6.6 million as part of a plan to close six New York branches. The move should increase the company’s 2018 pretax income by at least $3.3 million.

The branches to be closed make up about 14% of the company’s overall branch network.

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