Suffolk Bancorp, a one-bank holding company that operates Suffolk County National Bank, has released results for its recent fourth quarter, with comparisons to the fourth quarter of 2010.
Key points include a decrease in earnings per share of 62.5 percent, to 12 cents, from the comparable period, and net income at $1,156,000, down 62.3 percent from $3,069,000 during the same period in the previous year.
The net loss per share for the full year was down 101.2 percent, from the net income of $6,256,000 in 2010.