Key Developments For State Bancorp, Inc.
State Bancorp, Inc. (STBC.O) (Consolidated Issue listed on NASDAQ Global Market)
State Bancorp, Inc. Comments On FY 2009 Earnings Guidance
State Bancorp, Inc. announced that it is in the final stages of liquidating certain non-performing and higher risk legacy loans, including a $20 million bulk loan sale closed on November 19, 2009 which resulted in a loss of $11 million. It is anticipated that the combined fourth quarter 2009 full impact of this troubled loan liquidation strategy (including the $20 million sale) will result in the disposition of approximately $55 million original principal balance loans and an expected aggregate pre-tax charge of approximately $17 million, thereby generating an operating loss for the fourth quarter of 2009.
State Bancorp, Inc. Declares Cash Dividend Of $0.05
State Bancorp, Inc. announced that its Board of Directors has declared a cash dividend of $0.05 per share. The cash dividend will be paid on December 16, 2009 to stockholders of record as of November 20, 2009.
State Bancorp, Inc. Declares Cash Dividend of $0.05
State Bancorp, Inc. announced that it has declared a cash dividend of $0.05 per share at its July 28, 2009 meeting. The cash dividend will be paid on September 16, 2009 to stockholders of record as of August 21, 2009.
State Bancorp, Inc. Declares Cash Dividend of $0.05
State Bancorp, Inc. announced that it has declared a cash dividend of $0.05 per share at its April 28, 2009 meeting. The cash dividend will be paid on June 17, 2009 to stockholders of record as of May 22, 2009.
State Bancorp, Inc. Declares Cash Dividend of $0.05
State Bancorp, Inc. announced that it has declared a $0.05 per share cash dividend on its common stock on January 27, 2009. The cash dividend will be paid on March 17, 2009 to stockholders of record on February 23, 2009.
