Skip to main content

Business

Keeping Account - 04.21.11

Bank Announced Loss

    Suffolk Bancorp, the parent company of Suffolk County National Bank, announced a loss for the first quarter of 2011, with a loss-per-share of $1.33, in comparison to earnings of 16 cent during the same period last year. The net loss was $12.8 million, compared to the net income in 2010’s first quarter of $1.53 million, according to a press release issued by the company last week.

Apr 20, 2011