State Bancorp Inc. Resources | BNET
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State Bancorp Inc. (STBC) is in the Financial Services Industry

Revenue
Dec 31 2007
$116.4M
Profit
Dec 31 2007
$6.2M
Market Cap
Sep 04 2008
$214.4M

Latest News and Analysis

  • Silver State Bancorp Reports 2008 Second Quarter Financial Results

    HENDERSON, Nev. -- Silver State Bancorp (NASDAQ: SSBX) today reported a net loss for the quarter ended June 30, 2008 of $62.7 million, or ($4.15) per diluted share, compared with net income of $6.2 million, or $0.44 per diluted share, reported for the second quarter of 2007. The...

    Articles 2008-08-01

  • Silver State Bancorp Announces Second Quarter Results Release and Conference Call Date

    HENDERSON, Nev. -- Silver State Bancorp (Nasdaq: SSBX) today announced that it will release its second quarter results at 9:00 AM Eastern Time/6:00 AM Pacific Time on August 1, 2008 and host a conference call on August 4 at 12:00 PM Eastern Time/9:00 AM Pacific Time to discuss the Company's...

    Articles 2008-08-01

  • Silver State Bancorp Announces Director Resignation

    HENDERSON, Nev. -- Silver State Bancorp (NASDAQ:SSBX), the holding company for Silver State Bank, announced today that Andrew K. McCain submitted his resignation today as a director on the Boards of Directors of Silver State Bancorp and Silver State Bank, citing personal reasons. Mr. McCain previously served as...

    Articles 2008-07-26

  • North State Bancorp Reports Second Quarter 2008 Results

    Assets Exceed $600 Million RALEIGH, N.C., July 23 /PRNewswire-FirstCall/ -- North State Bancorp (OTC Bulletin Board: NSBC) (the "Company"), the holding company for North State Bank, reported that it experienced record growth in key balance sheet components in a year-to-year comparison of June 30, 2008 to June...

    Articles 2008-07-23

  • Silver State Bancorp Added to the Russell Microcap Stock Index

    LAS VEGAS -- Silver State Bancorp (Nasdaq: SSBX) today announced that it has been added to the Russell Microcap Stock Index, which measures the performance of the microcap segment of the U.S. equity market and, according to Russell Investments, "is constructed to provide a comprehensive and unbiased...

    Articles 2008-07-07

  • for the record

    FEDERAL RESERVE WEEKLY FILINGS May 17: Kirkwood Bancorp Co.. Bismarck, N.D. authorized to acquire an interest in Kirkwood Bancorp of Nevada, Inc., Las Vegas, and thereby acquire Kirkwood Bank of Nevada, a de novo bank. Mountain Valley Bancshares, Inc., Walden, CoIo., authorized to become a BHC and...

    Articles 2008-06-15

  • Stone & Youngberg Community Bank Group Issues Bank Analysis Summary Report

    Leading Community Bank Authority Issues First Quarter 2008 Report Covering More Than 70 West Coast Community Banks SAN FRANCISCO -- Stone & Youngberg, a leading financial services firm, today announced that its Community Bank Group has issued its First Quarter 2008 Bank Analysis Summary Report,...

    Articles 2008-06-05

  • Silver State Bancorp Announces an Offering of Transferable Stock Subscription Rights

    HENDERSON, Nev. -- Silver State Bancorp (NASDAQ: SSBX) today announced that it has filed with the SEC a registration statement to raise up to $40 million of capital through the offering of transferable stock subscription rights to existing shareholders. Specific terms for the rights offering have not...

    Articles 2008-06-05

  • Silver State Bancorp Appoints Mike Thorell Chief Lending Officer and Chief Credit Administration Officer

    HENDERSON, Nev. -- Silver State Bancorp (NASDAQ: SSBX) today announced the appointment of Mike Thorell, Chief Lending Officer and Credit Administration Officer of Silver State Bank, the Company's banking subsidiary. Mr. Thorell had recently been appointed as President of the Company's Arizona region, a position he will retain....

    Articles 2008-05-27

  • Silver State Bancorp Announces Resignation of Douglas E. French, Executive Vice President

    LAS VEGAS -- Silver State Bancorp (Nasdaq: SSBX) today announced the resignation of Douglas E. French, Executive Vice President of Commercial Real Estate Lending, for personal reasons. Corey Johnson, President and Chief Executive Officer of Silver State Bancorp, said, "We wish Doug well in all his future endeavors."...

    Articles 2008-05-23

  • Silver State Bancorp Holds Annual Shareholder Meeting

    Five Directors Re-Elected, Appointment of Independent Registered Public Accounting Firm Ratified and Omnibus Equity Plan Approved HENDERSON, Nev. -- Silver State Bancorp (NASDAQ: SSBX) today announced that at its annual meeting held on April 30, 2008 its shareholders voted to re-elect director Mark S. Bosco for a one...

    Articles 2008-05-01

  • Mergers & Acquisitions

    GE Capital will acquire a majority stake in CitiCapital, the North American commercial lending and leasing business of Citigroup, in a cash transaction the companies expect to conclude by the third quarter of 2008. The deal will add roughly $13.4 billion in assets to GE Capital's Commercial Finance business....

    Articles 2008-05-01

  • Top 200: Best of the Mid-Tiers

    {Ranked by 3-Year Average ROE}Rank/Institution Location Total Assets ($000) Market Value ($M) Closing Price ($) ROE 2007 (%) 3–YR Avg. ROE (%) Net Interest Margin (%) Net Income ($000) Total Non-Interest Income ($000) ROAA (%) Efficiency Ratio (%) Profit Margin (%)1 First Regional Bancorp Century City CA 2,174,315 178.06 15.00...

    Articles 2008-05-01

  • Silver State Bancorp Reports First Quarter Loss; Cites Deteriorating Economy as Reason for Results; Capital Position and Liquidity Remain Strong

    HENDERSON, Nev. -- Silver State Bancorp (NASDAQ: SSBX - News) today reported a net loss for the quarter ended March 31, 2008 of $14.4 million, or $0.95 per diluted share, compared with net income of $5.6 million or $0.39 per diluted share reported for the first quarter of 2007, directly...

    Articles 2008-04-30

  • New Hyde Park-based State Bancorp posts profit jump on interest

    New Hyde Park-based State Bancorp said first-quarter profit soared 72 percent over last year on an increase in interest income due to decreased expenses. The State Bank of Long Island parent posted profit for the quarter of $3 million, or 21 cents per share, compared with $1.7...

    Articles 2008-04-30

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  • Incorporated: 1985
  • CEO: Mr. Thomas M. O?Brien

State Bancorp is a bank holding company for State Bank of Long Island (the Bank). The Bank is a New York state chartered commercial bank conducting 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 provides banking services to customers located primarily in Nassau and Suffolk Counties in New York and New York City. The Bank serves its customer base through 16 full-service branches in those counties and a lending center in Jericho, NY. As of Dec 31 2007, Co. had total assets of $1.63 billion and total deposits of $1.33 billion.

Key Competitors

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State Bancorp Inc. Company Info

Board of Directors

Mr. Thomas E. Christman

Non-Executive Chairman

Mr. Arthur Dulik Jr.

Mr. Joseph F. Munson

Mr. Thomas M. O?Brien

Mr. Nicos Katsoulis

Congressman John J. LaFalce

Mr. John F. Picciano

Ms. Suzanne H. Rueck

Mr. Jeffrey S. Wilks

Mr. K. Thomas Liaw

Mr. Andrew J. Simons

Contact Information

699 Hillside Avenue

New Hyde Park, NY

http://www.statebankofli.com

516 437-1000

NAICS Code

Commercial Banking: 522110
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