-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UR4kNFLKAAKeYq2wMVIO0UuqiP2Gm79UKtEtHlkhQsQm/bAx3OhD9G0p4l6FYNTh zSTfUzVevf0kRp9iLwKOZA== 0000891554-02-004053.txt : 20020628 0000891554-02-004053.hdr.sgml : 20020628 20020628145411 ACCESSION NUMBER: 0000891554-02-004053 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020624 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUFFOLK BANCORP CENTRAL INDEX KEY: 0000754673 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 112708279 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13580 FILM NUMBER: 02691230 BUSINESS ADDRESS: STREET 1: 6 W SECOND ST CITY: RIVERHEAD STATE: NY ZIP: 11901 BUSINESS PHONE: 5167275667 MAIL ADDRESS: STREET 1: 6 WEST SECOND STREET CITY: RIVERHEAD STATE: NY ZIP: 11901 8-K 1 d50954_8k.txt CURRENT REPORT 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): June 24, 2002 SUFFOLK BANCORP (Exact name of registrant as specified in its charter) New York 0-13580 11-2708279 (State or other jurisdiction of (Commission File Number) (IRS Employer incorporation or organization) Identification No.) 6 West Second Street, Riverhead, New York 11901 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (631) 727-5667 N/A (Former name or former address, if changed since last report) Item 5. Other Events On June 24, 2002, the Board of Directors of Suffolk Bancorp elected James E. Danowski to serve as a Director of Suffolk Bancorp and its banking subsidiary, The Suffolk County National Bank of Riverhead, effective immediately. His directorship is an addition to the current board, which now includes eleven members. A press release issued by the Registrant announcing Mr. Danowski's election is attached as Exhibit 99.1 on the Exhibit List. Business Experience during Past Five Years: (Regulation S-K, Item 401 (e) (1)). Mr. Danowski has served as a partner of the accounting firm, Coughlin, Foundotos, Cullen, & Danowski, L.L.P., since 1982. He has been affiliated with the firm, located in Port Jefferson, New York, since 1977. Item 7. Exhibits 99.1 - Press Release dated 6/25/02 "Suffolk Bancorp Elects James E. Danowski Director" SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SUFFOLK BANCORP Date: June 28, 2002 By: /s/ Douglas Ian Shaw -------------------- Vice President & Corporate Secretary EX-99.1 3 d50954_ex99.txt PRESS RELEASE PRESS RELEASE - -------------------------------------------------------------------------------- FOR IMMEDIATE RELEASE SUFFOLK [LOGO] BANCORP Contact: Douglas Ian Shaw 6 West Second Street Corporate Secretary Riverhead, NY 11901 (631) 727-5667 (631) 727-5667 (Voice) - (631) 727-3214 (FAX) invest@suffolkbancorp.com SUFFOLK BANCORP ELECTS JAMES E. DANOWSKI DIRECTOR Riverhead, New York, June 25, 2002, - Suffolk Bancorp (NASDAQ - SUBK) announced that the Board of Directors, at its regular meeting on June 24, 2002, has elected James E. Danowski, CPA, as a Director of Suffolk Bancorp and its banking subsidiary, The Suffolk County National Bank ("SCNB"). He assumed his duties at the time of his election. [PHOTO] Edward J. Merz, Chairman of the Board, commented, "As the veteran of more than a quarter century at Suffolk Bancorp and its predecessor, The Suffolk County National Bank, I am gratified to welcome another member to the new generation of our company's leadership. Tempered by the long experience and institutional knowledge of long-term directors like myself, Mr. Danowski will add fresh perspective and new ideas to our deliberations." President and Chief Executive Officer, Thomas S. Kohlmann, added, "As an experienced certified public accountant, Mr. Danowski's election further deepens the financial sophistication of our Board. This is no small consideration as scrutiny of the financial statements of publicly held companies grows ever more intense. He is also well known and respected throughout our market, and will guide us well as we develop new business in commercial lending, private banking, and trusts and estates." Mr. Danowski has been a partner in the accounting firm, Coughlin, Foundotos, Cullen, & Danowski, L.L.P., since 1982. He has been affiliated with the firm, located in Port Jefferson, New York, since 1977. Taxes are his area of expertise, and he has earned the AICPA Achievement Certificate for tax planning and advising closely held companies. Mr. Danowski is an alumnus of Earl L. Vandermeulen High School in Port Jefferson, New York, and of Dowling College in Oakdale, New York. He is a past Board member of the Visiting Nurse Services, Inc. and serves on the Mather Memorial Hospital Leadership Council. He lives in Wading River, New York, with his wife, Jeanne. They have two sons. Suffolk Bancorp is a one-bank holding company engaged in the commercial banking business through The Suffolk County National Bank, a full service commercial bank headquartered in Riverhead, New York. "SCNB" is Suffolk Bancorp's wholly owned subsidiary. Organized in 1890, The Suffolk County National Bank is the second largest independent bank headquartered on Long Island, with 28 offices in Suffolk County, New York. Safe Harbor Statement pursuant to the Private Securities Litigation Reform Act of 1995 This press release may include statements which look to the future. These can include remarks about Suffolk Bancorp, the banking industry, and the economy in general. These remarks are based on current plans and expectations. They are subject, however, to a variety of uncertainties that could cause future results to vary materially from Suffolk's historical performance, or from current expectations. Factors affecting Suffolk Bancorp include particularly, but are not limited to: changes in interest rates; increases or decreases in retail and commercial economic activity in Suffolk's market area; variations in the ability and propensity of consumers and businesses to borrow, repay, or deposit money, or to use other banking and financial services; and changes in government regulations. # # # # # -----END PRIVACY-ENHANCED MESSAGE-----