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STBC State Bancorp, Inc., featured news, full reports, and detailed STBC.O charts.

State Bancorp, Inc. (STBC) Wrap Up:

State Bancorp, Inc. (the “Company”), a one-bank holding company headquartered in Jericho, New York, was formed in 1986. The Company operates as the parent for its wholly owned subsidiary, State Bank of Long Island and subsidiaries (the “Bank”), a New York State chartered commercial bank founded in 1966, and its unconsolidated wholly owned subsidiaries, State Bancorp Capital Trust I and II (collectively called the “Trusts”), entities formed in 2002 and 2003, respectively, to issue trust preferred securities. The Bank conducts a general banking business focused on the small to mid-sized business, municipal and consumer markets in Long Island and New York City. The Bank, emphasizing high-quality personal service, has grown to be the largest independent commercial bank headquartered on Long Island. The income of the Company is derived through the operations of the Bank and its subsidiaries, SB Portfolio Management Corp. (“SB Portfolio”), SB Financial Services Corp.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f17%2f0000723458-08-000030.html#FIS_BUSINESS"   
www.statebankofli.com
295 Employees
Founded in 1966

State Bancorp Inc. (STBC:NASDAQ)

LAST $7.18 USD
CHANGE TODAY +0.10 1.41%
VOLUME 17.6K
As of 4:00 PM 11/6/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of State Bancorp Inc. (STBC)

OPEN
$6.94
PREVIOUS CLOSE
$7.08
DAY HIGH
$7.18
DAY LOW
$6.67
52 WEEK HIGH
11/13/08 - $13.00
52 WEEK LOW
03/9/09 - $3.71
MARKET CAP
105.1M
AVERAGE VOLUME 3 mo
22.3K
DILUTED EPS TTM
$-0.55
SHARES OUTSTANDING
14.6M
EX-DATE
11/18/09
P/E TTM
NM
DIVIDEND
$0.20
DIVIDEND YIELD
2.79%
K = Thousands  M = Millions  B = Billions

STBC Details

State Bancorp, Inc. operates as the holding company for State Bank of Long Island that provides general banking products and services, focusing on the small to mid-sized business, municipal, and consumer markets in Long Island and New York City. The company’s deposit products include interest-bearing transaction accounts, non-interest-bearing demand deposits, checking accounts, NOW accounts, money market accounts, savings accounts, certificates of deposit, individual retirement accounts, and other time deposits. It also offers commercial loans, construction loans, commercial mortgage loans, consumer loans, small business lines of credit, and residential mortgage and home equity lines of credit products. In addition, State Bancorp provides cash management services, telephone and online banking services, and access to annuity products and mutual funds. The company serves commercial real estate owners and developers, small to middle market businesses, professional service firms, municipalities, and consumers. As of December 31, 2008, it operated 17 branches in Nassau, Suffolk, Queens, and Manhattan. The company was founded in 1966 and is headquartered in Jericho, New York.

STBC Top Compensated Officers

Mr. Thomas M. O'Brien
Chief Executive Officer, President, Executive...
Age: 58
Total Annual Compensation: $100.0K
Mr. Brian K. Finneran
Chief Financial Officer, Chief Financial Offi...
Age: 51
Total Annual Compensation: $264.0K
Ms. Patricia M. Schaubeck Esq.
General Counsel and General Counsel of State ...
Age: 48
Total Annual Compensation: $200.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for State Bancorp Inc. (STBC)

State Bancorp Inc. Declares Dividend Payable on December 16, 2009; Elects Richard Lashley to Board of Directors

The Board of Directors of State Bancorp Inc., 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. The Company also approved the election of Richard Lashley to the Company's Board of Directors. The election of Mr. Lashley increases the membership of the Board of Directors to eleven. He will stand for shareholder re-election at the 2010 Annual Meeting. Richard Lashley is the co-founder and co-owner of PL Capital, an investment management and advisory firm specializing in the banking industry that has been in existence since 1995. PL Capital is well known as a fierce advocate for shareholders' rights and proper corporate governance, and is one of the company's shareholders. Prior to forming PL Capital, Mr. Lashley held several high-ranking positions with KPMG Peat Marwick, the nation's professional services firm serving banks and thrifts, including Managing Director in the Financial Services Corporate Finance Practice and Assistant to the Director of KPMG's National Banking and Finance Practice.

State Bancorp Inc., Board Meeting, Oct 27, 2009

State Bancorp Inc., Board Meeting, Oct 27, 2009 Agenda: To declare dividend; to elect Richard Lashley to the Company's Board of Directors.

State Bancorp Inc. - Conference Presentation Call

State Bancorp Inc. - Conference Presentation Calls

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STBC Competitors

Company Last Change
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Industry Analysis

Valuation STBC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.0x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

STBC

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STBC transactions

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Date
Target
No transactions in the last 6 months.

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