Attached files
| file | filename |
|---|---|
| 8-K - SMITHTOWN BANCORP INC | v182522_8k.htm |
Exhibit
99.1
Corporate
Headquarters
100
Motor Parkway, Suite 160
Hauppauge,
NY 11788-5138
Direct
Dial: 631-360-9304
Direct
Fax: 631-360-9380
brock@bankofsmithtown.net
Release
Date: April 27, 2010
|
Contact:
|
Ms.
Judith Barber
|
Corporate
Secretary
SMITHTOWN
BANCORP TO ANNOUNCE
FIRST
QUARTER RESULTS
Smithtown,
NY, April 27, 2010 - Smithtown Bancorp (NASDAQ: SMTB) intends to
announce its first quarter results on Friday, April 30, 2010.
* * *
Forward-Looking
Statements
Certain
statements contained in this release that are not statements of historical fact
constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 (the “Act”), notwithstanding that such
statements are not specifically identified as such. In addition,
certain statements may be contained in our future filings with the Securities
and Exchange Commission, in press releases, and in oral and written statements
made by us or with our approval that are not statements of historical fact and
constitute forward-looking statements within the meaning of the
Act. Examples of forward-looking statements include, but are not
limited to: (i) projections of revenues, expenses, income or loss, earnings or
loss per share, the payment or nonpayment of dividends, capital structure and
other financial items; (ii) statements of our plans, objectives and expectations
or those of our management or Board of Directors, including those relating to
products or services; (iii) statements of future economic performance; and (iv)
statements of assumptions underlying such statements. Words such as
“believes,” “anticipates,” “expects,” “intends,” “targeted,” “continue,”
“remain,” “will,” “should,” “may” and other similar expressions are intended to
identify forward-looking statements but are not the exclusive means of
identifying such statements.
Forward-looking
statements involve risks and uncertainties that may cause actual results to
differ materially from those in such statements. Factors that could
cause actual results to differ from those discussed in the forward-looking
statements include, but are not limited to: local, regional, national
and international economic conditions and the impact they may have on us and our
customers and our assessment of that impact, changes in the level of
non-performing assets and charge-offs; changes in estimates of future reserve
requirements based upon the periodic review thereof under relevant regulatory
and accounting requirements; the effects of and changes in trade and monetary
and fiscal policies and laws, including the interest rate policies of the
Federal Reserve Board; inflation, interest rate, securities market and monetary
fluctuations; political instability; acts of war or terrorism; the timely
development and acceptance of new products and services and perceived overall
value of these products and services by users; changes in consumer spending,
borrowings and savings habits; changes in the financial performance and/or
condition of our borrowers; technological changes; acquisitions and integration
of acquired businesses; the ability to increase market share and control
expenses; changes in the competitive environment among financial holding
companies and other financial service providers; the quality and composition of
our loan or investment portfolio; the effect of changes in laws and regulations
(including laws and regulations concerning taxes, banking, securities and
insurance) with which we and our subsidiaries must comply; the effect of changes
in accounting policies and practices, as may be adopted by the regulatory
agencies, as well as the Public Company Accounting Oversight Board, the
Financial Accounting Standards Board and other accounting standard setters;
changes in our organization, compensation and benefit plans; the costs and
effects of legal and regulatory developments, including the resolution of legal
proceedings or regulatory or other governmental inquiries and the results of
regulatory examinations or reviews; greater than expected costs or difficulties
related to the opening of new branch offices or the integration of new products
and lines of business, or both; and/or our success at managing the risk involved
in the foregoing items.
Forward-looking
statements speak only as of the date on which such statements are
made. We undertake no obligation to update any forward-looking
statement to reflect events or circumstances after the date on which such
statement is made, or to reflect the occurrence of unanticipated
events.