SUFFOLK BANCORP (NYSE:SCNB) Files An 8-K Other Events

SUFFOLK BANCORP (NYSE:SCNB) Files An 8-K Other Events
ITEM 8.01 – OTHER EVENTS

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Declaration Of Quarterly Dividend

On January 25, 2017, the Company’s Board of Directors declared a quarterly cash dividend of $0.10 per share on its common stock, to be paid on February 22, 2017 to shareholders of record as of February 8, 2017.

The press release issued by the Company on January 25, 2017 announcing the foregoing event is furnished herewith as Exhibit 99.1.

This information is being “furnished” in accordance with General Instruction B.2. of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing. ITEM 9.01 – FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

The following Exhibit is furnished as part of this report:

Exhibit 99.1 Press release issued by the Company on January 25, 2017


About SUFFOLK BANCORP (NYSE:SCNB)

Suffolk Bancorp is the bank holding company for Suffolk County National Bank of Riverhead (the Bank). The Bank is a community bank, which offers commercial and retail banking services to its customers. The Bank operates over 30 branches in Nassau, Suffolk and Queens Counties, New York and loan production offices in Garden City, Melville and Long Island City. It makes commercial real estate floating and fixed rate loans, multifamily and mixed use commercial loans primarily in the boroughs of New York City, commercial and industrial loans to manufacturers, wholesalers, distributors, developers/contractors and retailers and agricultural loans. It also makes loans secured by residential mortgages, and both floating and fixed rate second mortgage loans with a range of plans for repayment. The Bank finances its activities through a combination of deposits, including demand, saving, negotiable order of withdrawal and money market deposits, as well as time deposits and short-term borrowings.

SUFFOLK BANCORP (NYSE:SCNB) Recent Trading Information

SUFFOLK BANCORP (NYSE:SCNB) closed its last trading session up +0.57 at 42.04 with 107,178 shares trading hands.

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