SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS (Tables)

12 Months Ended

Dec. 31, 2013

SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS [Abstract]

Condensed Financial Statements

Condensed Statements of Condition at December 31,	2013		2012		2011
Assets:
Due from banks	$	605	$	515	$	405
Investment in the Bank		165,924		163,007		135,941
Other assets		669		463		333
Total Assets	$	167,198	$	163,985	$	136,679
Liabilities and Stockholders' Equity:
Other liabilities	$	-	$	-	$	119
Stockholders' Equity		167,198		163,985		136,560
Total Liabilities and Stockholders' Equity	$	167,198	$	163,985	$	136,679

Condensed Statements of Operations and Comprehensive Income (Loss) for the Years Ended December 31,	2013			2012			2011
Expense:
Other expense	$	372		$	358		$	362
Loss before equity in undistributed net income (loss) of the Bank		(372	)		(358	)		(362	)
Equity in undistributed earnings (loss) of the Bank		13,090			(1,390	)		284
Net income (loss)	$	12,718		$	(1,748	)	$	(78	)
Total Comprehensive Income (Loss)	$	2,543		$	4,208		$	(919	)

Condensed Statements of Cash Flows for the Years Ended December 31,	2013			2012			2011
Cash Flows From Operating Activities:
Net income (loss)	$	12,718		$	(1,748	)	$	(78	)
Less: equity in undistributed (earnings) loss of the Bank		(13,090	)		1,390			(284	)
Other - net		371			209			1,504
Net cash (used in) provided by operating activities		(1	)		(149	)		1,142
Cash Flows From Investing Activities:
Advances to the Bank		-			(22,500	)		(2,000	)
Net cash used in investing activities		-			(22,500	)		(2,000	)
Cash Flows From Financing Activities:
Dividend reinvestment and stock option exercises		91			-			659
Proceeds from issuance of capital stock		-			22,759			-
Dividends paid		-			-			(1,454	)
Net cash provided by (used in) financing activities		91			22,759			(795	)
Net Increase (Decrease) in Cash and Cash Equivalents		90			110			(1,653	)
Cash and Cash Equivalents, Beginning of Year		515			405			2,058
Cash and Cash Equivalents, End of Year	$	605		$	515		$	405