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NASDAQ:STBC
$8.06
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+ 0.26
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| Mar 17, 2010 3:59 PM ET |
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Press Releases
All Releases
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State Bancorp, Inc. Reports Fourth Quarter and Year End 2009 Results and Declares Cash Dividend of $0.05
Jan 27, 2010
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Completes Previously Announced Disposition of Lower Quality and Non-Accrual Loans Resulting in Fourth Quarter and Full Year LossesReduces Non-Performing Assets by 81% to 0.6% of Loans and LeasesCompletes $10 million Debt to Equity ExchangeQuarterly Net Interest Margin Improves to 4.15%Reports Strong Capital Levels with Tangible Common Equity Ratio ...
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State Bancorp, Inc. Reports Results of Adjourned Special Stockholders Meeting
Dec 1, 2009
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JERICHO, N.Y., Dec. 1, 2009 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), announced the results of its adjourned Special Stockholders Meeting held today at 10:00 a.m.
The meeting held today concluded the voting on a third proposal presented at the Company's Specia...
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State Bancorp, Inc. Announces Agreement for Exchange of Outstanding $10 Million Debt for New Equity and a Major Disposition Strategy for Low Quality Commercial Loans
Nov 30, 2009
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JERICHO, N.Y., Nov. 30, 2009 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), today announced two separate strategic actions that are each designed to aggressively position the Company for 2010 and beyond.
In the first initiative, the Company reported that it will re...
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State Bancorp, Inc. Reports Special Stockholders Meeting Results
Nov 17, 2009
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JERICHO, N.Y., Nov. 17, 2009 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), announced the results of its Special Stockholders Meeting held today at 10:00 a.m.
As of the commencement of today's special stockholder meeting, approximately 88% of the total common share...
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State Bancorp, Inc. to Participate at Sandler O'Neill + Partners East Coast Financial Services Conference
Nov 5, 2009
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JERICHO, N.Y., Nov. 5, 2009 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (Nasdaq:STBC) announced today that President and CEO, Tom O'Brien, will participate at the Sandler O'Neill + Partners East Coast Financial Services Conference in Naples, FL on Thursday, November 12, 2009. Mr. O'Brien will be a participant in a panel discussion entitled "Navigating ...
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State Bancorp, Inc. Declares Cash Dividend of $0.05 and Elects Richard Lashley to Board of Directors
Oct 27, 2009
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JERICHO, N.Y., Oct. 27, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island, declared a cash dividend of $0.05 per share at its October 27, 2009 meeting. The cash dividend will be paid on December 16, 2009 to stockholders of record as of November 20, 2009. Additionally, t...
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State Bancorp, Inc. Reports Third Quarter 2009 Results
Oct 15, 2009
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JERICHO, N.Y., Oct. 15, 2009 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), today reported net income of $1.9 million, or $0.10 per diluted common share, for the third quarter of 2009 compared with net income of $2.0 million, or $0.14 per diluted common share, a year ...
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State Bancorp, Inc. Declares Cash Dividend of $0.05
Jul 29, 2009
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JERICHO, N.Y., July 29, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island, declared a cash dividend of $0.05 per share at its July 28, 2009 meeting. The cash dividend will be paid on September 16, 2009 to stockholders of record as of August 21, 2009.
State Bancorp, I...
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State Bancorp, Inc. Reports Second Quarter 2009 Results
Jul 21, 2009
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JERICHO, N.Y., July 21, 2009 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), today reported net income of $1.1 million, or $0.04 per diluted common share, for the second quarter of 2009 compared with earnings of $961 thousand, or $0.07 per diluted common share, a year ...
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State Bancorp, Inc. Declares Cash Dividend of $0.05
Apr 29, 2009
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JERICHO, N.Y., April 29, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of State Bancorp, Inc. (Nasdaq:STBC), parent company of State Bank of Long Island, declared a cash dividend of $0.05 per share at its April 28, 2009 meeting. The cash dividend will be paid on June 17, 2009 to stockholders of record as of May 22, 2009.
State Bancorp, Inc. is...
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State Bancorp, Inc. Reports First Quarter 2009 Results
Apr 15, 2009
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JERICHO, N.Y., April 15, 2009 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), today reported a net loss of $5.1 million, or $0.39 per diluted common share, for the first quarter of 2009 compared with earnings of $3.0 million, or $0.21 per diluted common share, a year a...
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State Bancorp, Inc. Reports Fourth Quarter and Full Year 2008 Results and Declares Cash Dividend of $0.05
Jan 30, 2009
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JERICHO, N.Y., Jan. 30, 2009 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), today reported a net loss of $4.1 million, or $0.30 per diluted common share, for the fourth quarter of 2008 compared with earnings of $470 thousand, or $0.03 per diluted common share, a year ...
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State Bancorp, Inc. Announces Preliminary Approval for $36 Million of Capital From U.S. Treasury Capital Purchase Program
Nov 25, 2008
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JERICHO, N.Y., Nov. 25, 2008 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island ("State Bank"), announced today it has received preliminary approval to participate in the U.S. Treasury Department's Capital Purchase Program. Through the Company's participation in this program, the U.S. ...
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State Bancorp, Inc. Files $100 Million Shelf Registration Statement
Nov 13, 2008
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Jericho, New York- State Bancorp, Inc. (the "Company") (NASDAQ: STBC), parent company of State Bank of Long Island ("State Bank"), announced today that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC"). The shelf registration statement, when declared effective by the SEC, will allo...
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State Bancorp, Inc. Reports Third Quarter Earnings and Declares Cash Dividend of $0.10
Oct 29, 2008
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JERICHO, N.Y., Oct. 29, 2008 (GLOBE NEWSWIRE) -- State Bancorp, Inc. (the "Company") (Nasdaq:STBC), parent company of State Bank of Long Island (the "Bank"), today reported earnings for the third quarter of 2008 of $2.0 million versus $3.1 million a year ago, representing a decrease of 35.5%. Diluted earnings per common share of $0.14 were recorded...
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State Bancorp, Inc. Announces Settlement of Shareholder Derivative Lawsuit
Aug 6, 2008
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JERICHO, N.Y., Aug 6, 2008 (PrimeNewswire via COMTEX News Network) -- State Bancorp, Inc. (the "Company") announced today that final approval of the Stipulation of Settlement relating to the previously disclosed shareholder derivative lawsuit was signed by Judge Ira B. Warshawsky at the Supreme Court of the State of New York, County of Nassau on Tu...
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State Bancorp, Inc. Reports Second Quarter Earnings and Declares Cash Dividend of $0.10
Jul 30, 2008
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JERICHO, N.Y., Jul 30, 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 second quarter of 2008 of $961 thousand versus $930 thousand a year ago, representing an increase of 3.3%. Diluted earnings per common sha...
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State Bancorp, Inc. Appoints Thomas E. Christman Non-Executive Chairman of the Board and Announces Results of Annual Stockholders' Meeting
May 15, 2008
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Jericho, N.Y., May 15, 2008 - On April 29, 2008, the Board of Directors of State Bancorp, Inc. (the "Company") (NASDAQ-STBC), parent company of State Bank of Long Island (the "Bank"), held a regularly scheduled meeting at which Thomas E. Christman was appointed Non-Executive Chairman of the Board of the Company and the Bank. Mr....
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State Bancorp, Inc. Declares Cash Dividend of $0.15
Apr 29, 2008
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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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State Bancorp, Inc. Reports 72 Percent Increase in First Quarter Earnings
Apr 28, 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 ...
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