Suffolk Bancorp (NASDAQ: SUBK) is a one-bank holding company that provides commercial banking and financial services though Suffolk County National Bank ("SCNB"), its wholly owned subsidiary. Founded in 1890, SCNB is headquartered in Riverhead, NY and serves the Long Island market, incorporating Long Island's East End, western Suffolk, and Nassau counties as well as Manhattan and the other Boroughs. SCNB is a nationally chartered commercial bank offering a full range of products and services including deposit accounts, commercial, multi-family and consumer lending, residential mortgages, cash management, and investment services.
Suffolk County National Bank serves the needs of businesses and consumers with the highest levels of service in the banking industry. The Bank's market niche includes small and middle market businesses as well as retail clients ancillary to these commercial relationships. The Bank maintains its emphasis on attracting and retaining commercial clients and delivers the financial services required for their businesses to be successful, including commercial loans structured and transacted professionally and efficiently. SCNB provides these services through its network of branches, commercial loan offices, and online channels. In 2013, SCNB opened its Garden City commercial loan office and branch; in 2014, SCNB opened a full service branch in Melville, contiguous to its existing commercial loan office; and in May 2015, the Bank opened its first New York City-based facility in Long Island City, Queens, incorporating a commercial loan office and support branch.
With assets of $1.9 billion and equity capital in excess of $187 million, Suffolk County National Bank is one of the largest community banks headquartered on Long Island. SCNB has a long history of commitment to businesses and consumers, and financial support and service to the municipalities and not-for-profits that serve the region. SCNB is regarded as a corporate leader and is known, along with its employees, for its culture of active community involvement.