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EX-99.1 - SUFFOLK BANCORPform8k_aug2013exh99-1.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________



FORM 8-K


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934



Date of Report (Date of earliest event reported): August 5, 2013



SUFFOLK BANCORP
(Exact name of registrant as specified in its charter)



 New York                                                000-13580                                              11-2708279
(State or other jurisdiction of                   (Commission File Number)           (IRS Employer Identification No.)
                                                                                                                   incorporation)

4 West Second Street, Riverhead, New York                                                11901
       (Address of principal executive offices)                                                   (Zip Code)

Registrant’s telephone number, including area code: (631) 208-2400


 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 

 
 
ITEM 8.01 - OTHER EVENTS

On August 5, 2013, Suffolk Bancorp (the “Company”), parent company of Suffolk County National Bank (the “Bank”), announced that the Bank sold 50,000 shares of its Visa, Inc. Class B common stock at a pre-tax gain of approximately $3.8 million.
 
The press release issued by the Company on August 5, 2013 announcing the foregoing event is furnished herewith as Exhibit 99.1.
 
 
ITEM 9.01 - FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

The following Exhibit is furnished as part of this report:

Exhibit 99.1  Press release issued by the Company on August 5, 2013
 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



                                                                                          
  SUFFOLK BANCORP  
       
Date: August 5, 2013
By:
/s/ Brian K. Finneran  
    Brian K. Finneran  
    Executive Vice President & Chief Financial Officer  
       
 
                                                                                                                                                                        

 
 

 
 
 
INDEX OF EXHIBITS

 
Exhibit
Number
 
Description
   
Exhibit 99.1
Press release issued by the Company on August 5, 2013