JERICHO, N.Y., Apr 29, 2008 (PrimeNewswire via COMTEX News Network) -- The Board of Directors of State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island, declared a cash dividend of $0.15 per share at its April 29, 2008 meeting. The cash dividend will be paid on June 16, 2008 to stockholders of record as of May 23, 2008.
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JERICHO, N.Y., Apr 28, 2008 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), today reported earnings for the three months ended March 31, 2008 of $3.0 million versus $1.7 million a year ago, representing an increase of 71.8%. Diluted earnings per ...
JERICHO, N.Y., Apr 9, 2008 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island ("State Bank"), announced today that an agreement has been signed with Main Street Bank of Kingwood, Texas, for the sale of substantially all of the assets of State Bank's leasing subsidiary, Studebake...
JERICHO, N.Y., Jan 30, 2008 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island, today reported earnings for the fourth quarter and year ended December 31, 2007. Net income for the fourth quarter of 2007 was $470 thousand versus earnings of $3.4 million a year ago. Diluted earnin...
JERICHO, N.Y., Nov 7, 2007 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. President and CEO, Tom O'Brien, was interviewed as a featured guest on NASDAQ's CEO Signature Series this Tuesday, November 6, 2007. The interview, conducted by Sasha Salama, a veteran business journalist, covered State Bancorp's strategy, current financials, ...
JERICHO, N.Y., Nov 7, 2007 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. President and CEO Tom O'Brien will present at the Sandler O'Neill + Partners East Coast Financial Services Conference at the Ritz-Carlton Golf Resort in Naples, FL on Tuesday, November 13, 2007 at 7:10 a.m. EST. A live webcast of the State Bancorp presentation...
JERICHO, N.Y., Oct 24, 2007 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island, today reported net income for the third quarter of 2007 of $3.1 million versus $2.4 million a year ago, representing an increase of 29.3%. Diluted earnings per common share were $0.22 in the third qu...
JERICHO, N.Y., Oct 15, 2007 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. ("the Company"), parent company of State Bank of Long Island ("the Bank"), announced today that the Bank has now received approvals from both the New York State Banking Department and the Federal Deposit Insurance Corporation, effective October 12, 2007, to o...
JERICHO, N.Y., Sep 4, 2007 (PrimeNewswire via COMTEX News Network) -- On August 30, 2007, the Board of Directors of State Bancorp, Inc. (Nasdaq:STBC) (the "Company"), parent company of State Bank of Long Island (the "Bank"), elected former U.S. Congressman John J. LaFalce to its Board of Directors effective immediately. Congressman LaFalce will als...
New Hyde Park, N.Y., July 25, 2007 State Bancorp, Inc. (NASDAQ – STBC), parent company of State Bank of Long Island, today reported net income for the second quarter of 2007 of $930 thousand versus $3.0 million a year ago. Diluted earnings per common share were $0.06 in the second quarter of 2007 and $0.27 in the comparable 2006 ...
JERICHO, N.Y., July 30, 2007 (PRIME NEWSWIRE) -- On July 24, 2007, the Board of Directors of State Bancorp, Inc. (the "Company"), parent company of State Bank of Long Island (the "Bank"), elected Nicos Katsoulis to its Board of Directors effective immediately. Mr. Katsoulis will also serve as a director of State Bank of Long Island. The election of...
JERICHO, N.Y., July 23, 2007 (PRIME NEWSWIRE) -- State Bank of Long Island announced today the implementation of several new initiatives that demonstrate the Bank's concern for the environment. The Bank will be changing its vehicle fleet, including those assigned to Bank executives, to advanced technology, high mileage, low emission hybrids. Hybrid...
JERICHO, N.Y., Jul 5, 2007 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. (Nasdaq:STBC) ("the Company"), parent company of State Bank of Long Island ("the Bank"), announced today that it has entered into a long term lease for office space in midtown Manhattan. The Bank anticipates operating a branch and loan production office at thi...
JERICHO, N.Y., July 3, 2007 (PRIME NEWSWIRE) -- State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island, announced that the Registration Statement on Form S-3 ("Registration Statement") filed with the U.S. Securities and Exchange Commission with respect to shares of common stock held by selling shareholders has been declared ...
JERICHO, N.Y., June 26, 2007 (PRIME NEWSWIRE) -- The Board of Directors of State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), announced a change in the Company's cash dividend schedule to a quarterly declaration during the first month of each calendar quarter. Based on present conditions, it is expected tha...
JERICHO, N.Y., Jun 5, 2007 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. (the "Company") announced today that eighteen employees have elected to participate in a previously announced voluntary exit window program and will resign effective as of June 29, 2007, including Thomas F. Goldrick, Chairman of the Company and State Bank of L...
JERICHO, N.Y.--(BUSINESS WIRE)--April 24, 2007--At today's Annual
Stockholders Meeting, Thomas. F. Goldrick, Chairman and Chief
Executive Officer ("CEO") of State Bank of Long Island (the "Bank"),
announced that he was resigning as CEO of the Bank and its parent
company, State Bancorp, Inc. (the "Company"), effective immediately.
This a...
NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--April 23, 2007--State
Bancorp, Inc. (NASDAQ: STBC), parent company of State Bank of Long
Island, today reported earnings for the three months ended March 31,
2007 of $1.7 million versus $2.8 million a year ago. This decline
resulted primarily from a reduction in net interest income coupled
with an i...
JERICHO, N.Y.--(BUSINESS WIRE)--March 6, 2007--The Board of
Directors of State Bancorp, Inc. (NASDAQ:STBC), parent company of
State Bank of Long Island, declared a cash dividend of $0.15 per share
at its March 6, 2007 meeting. The cash dividend will be paid on April
9, 2007 to stockholders of record as of March 23, 2007.
Stat...
NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--Jan. 29, 2007--State
Bancorp, Inc. (NASDAQ: STBC), parent company of State Bank of Long
Island, today reported earnings for the fourth quarter and year ended
December 31, 2006. Net income for 2006 was $11.5 million versus a loss
of $36.5 million recorded in 2005. The improvement in net income
during...
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