8-K

                                  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 26, 2003

                                 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.)

                 4 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)


                                                                     Page 2 of 2


Item 5      Other Events and Required FD Disclosure.

            Attached as an exhibit is the Company's press release titled
            "Suffolk Bancorp Announces Regular Quarterly Dividend", dated
            August 26, 2003.

                                    SIGNATURE

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


Dated: August 26, 2003                      By: /s/ Douglas Ian Shaw
                                                --------------------
                                            Vice President & Corporate Secretary

                                  EXHIBIT INDEX

99.1  Press release titled "Suffolk Bancorp Announces Regular Quarterly
      Dividend", dated August 26, 2003.

EX-99.1

                                                                    Exhibit 99.1

                                  PRESS RELEASE

FOR IMMEDIATE RELEASE
                                                SUFFOLK [LOGO] BANCORP
Contact: Douglas Ian Shaw
         Corporate Secretary                   4 West Second Street
         (631) 727-5667                         Riverhead, NY 11901
                                   (631) 727-5667 (Voice) - (631) 727-3214 (FAX)
                                             invest@suffolkbancorp.com

              SUFFOLK BANCORP ANNOUNCES REGULAR QUARTERLY DIVIDEND

      Riverhead, New York, August 26, 2003, -- Suffolk Bancorp (NASDAQ - SUBK)
announced that the Board of Directors, at its regular meeting on August 25,
2003, declared a regular quarterly dividend of $0.19 per share of common stock
to all shareholders of record on September 15, 2003, payable on October 1, 2003.

      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 27 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.

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