-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Ii1m64pJxRjYI5wO93QqlfMgCqnxkfOtglLXd57B//3enPO9L/EtGuL3+nlBl86h
 wuxAcg8e75+HxJGQySwzxQ==

<SEC-DOCUMENT>0001169232-03-004936.txt : 20030805
<SEC-HEADER>0001169232-03-004936.hdr.sgml : 20030805
<ACCEPTANCE-DATETIME>20030805161437
ACCESSION NUMBER:		0001169232-03-004936
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030801
FILED AS OF DATE:		20030805

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WEAVER AUGUSTUS C
		CENTRAL INDEX KEY:			0001235044

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-13580
		FILM NUMBER:		03823959

	BUSINESS ADDRESS:	
		STREET 1:		C/O SUFFOLK BANCORP
		STREET 2:		WEST SECOND STREET
		CITY:			RIVERHEAD
		STATE:			NY
		ZIP:			11901
		BUSINESS PHONE:		6317275667

ISSUER:		

	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

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>d03-56472_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-08-01</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000754673</issuerCik>
        <issuerName>SUFFOLK BANCORP</issuerName>
        <issuerTradingSymbol>SUBK</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001235044</rptOwnerCik>
            <rptOwnerName>WEAVER AUGUSTUS C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SUFFOLK BANCORP</rptOwnerStreet1>
            <rptOwnerStreet2>4 WEST SECOND STREET, PO BOX 9000</rptOwnerStreet2>
            <rptOwnerCity>RIVERHEAD</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>11901</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Executive Vice President</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Suffolk Bancorp Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-08-01</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>F</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>1569</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>32.30</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>2484.168</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Suffolk Bancorp Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-08-01</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>M</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>5200</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>9.75</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>7684.168</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
 </nonDerivativeTable>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Suffolk Bancorp Option</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>9.75</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-08-01</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>M</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>5200</value>
         </transactionShares>
         <transactionPricePerShare>
            <footnoteId id="F1"/>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>1997-12-23</value>
      </exerciseDate>
      <expirationDate>
         <value>2006-12-23</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Suffolk Bancorp Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>5200</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>0</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Payment is 1,569 shares of Suffolk Bancorp Common Stock based on market price of $32.30</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>/s/ Augustus C. Weaver</signatureName>
      <signatureDate>2003-08-05</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----