The Suffolk County National Bank of Riverhead, Financial Information

AboutThe Suffolk County National Bank of Riverhead

 Address:
6 West 2nd Street
Riverhead,NY
Suffolk County,New York
 Established:
Jan 1890
 Number of domestic offices:
30
Total assets$1,622M
Net income$-1M
Net income,quarterly$2M
Total deposits$1,432M
Domestic deposits$1,432M
Equity capital$163M
ROA-0.09%
ROAQ,quarterly0.55%
ROA,pretax0.55%
ROAQ,quarterly,pretax0.86%
ROE-0.96%
ROEQ,quarterly5.52%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Suffolk County National Bank of Riverhead is the banking partner that can help you take your business to the next level. From marinas to medical practices, manufacturing to retail, The Suffolk County National Bank of Riverhead is the bank for business on Long Island.

SCNB Free Business Checking means no minimum balance. No monthly service charge. Free Online Banking. Free Online Bill Pay. Over the past five years, SCNB Financial Services has saved banks clients 25-40% on their health insurance premiums.

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 New York City and the Boroughs.

SCNB is a nationally chartered commercial bank offering a full range of products and services including deposit accounts, commercial and consumer lending, residential mortgages, cash management, health insurance programs for businesses, and investment and wealth management services.

Suffolk County National Bank serves the needs of businesses and consumers on Long Island 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 28 branches, five commercial loan offices, a wealth management services office, and online channels. In November 2013, SCNB opened its Garden City commercial loan office, an important step in expanding the Bank's presence in western Suffolk and Nassau Counties, New York City and the Boroughs.

With assets of $1.7 billion and equity capital in excess of $150 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.