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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF
----- THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended DECEMBER 31, 1995
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Commission File No. 0-14874
___ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
STATE BANCORP, INC.
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(Exact name of registrant as specified in its charter)
New York 11-2846511
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(State or other jurisdiction of (I.R.S.Employer
incorporation or organization) Identification No.)
699 Hillside Avenue
New Hyde Park, N.Y. 11040
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(Address of principal (Zip Code)
executive offices)
Registrant's telephone number including area code (516) 437-1000
Securities registered pursuant to Section 12(b) of the Act: NONE
Securities registered pursuant to Section 12(g) of the Act:
Common Stock ($5.00 par value)
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(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirement for the past 90 days.
Yes X No
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As of March 15, 1996, there were 4,222,128 shares of common stock outstanding
and the aggregate market value of common stock of State Bancorp, Inc. held by
nonaffiliates was approximately $60,165,000 based upon the last trade per share
known to Management.
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ITEM 5. MARKET FOR REGISTRANT'S COMMON STOCK AND RELATED STOCKHOLDER MATTERS
The following is a three-year comparison of dividends and stock prices:
1995 1994 1993
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Annual cash dividends paid . . . . . $.57 $.29 $.26
Annual stock dividends issued. . . . 10% 10% 10%
The Company's common stock trades on the NASDAQ Small-Cap market under the
symbol STBC. The following over-the-counter market quotations reflect
interdealer prices, without retail mark-up, mark-down or commission and may
not necessarily represent actual transactions. As quoted by the National
Association of Securities Dealers, Inc., the approximate high and low bid
prices for the years ended December 31, 1995, 1994 and 1993 were as follows:
<TABLE>
<CAPTION>
FIRST SECOND THIRD FOURTH
QUARTER QUARTER QUARTER QUARTER
------- ------- ------- -------
<S> <C> <C> <C> <C>
1995
High Bid. . . . . . . . . 12 12 1/2 12 1/4 14 1/4
Low Bid . . . . . . . . . 10 1/4 11 3/8 12 12 1/4
1994
High Bid. . . . . . . . . 10 1/4 11 11 11
Low Bid . . . . . . . . . 10 9 3/4 10 1/2 10
1993
High Bid. . . . . . . . . 10 1/8 10 1/4 9 5/8 10
Low Bid . . . . . . . . . 10 8 3/4 8 3/4 9 1/4
</TABLE>
At December 31, 1995, the approximate number of record holders of the
Company's Common Stock was 1,207.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this amendment to be signed on its behalf by
the undersigned, thereunto duly authorized.
State Bancorp, Inc.
(Registrant)
Date: May 16, 1996 By: /s/ Brian K. Finneran
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Brian K. Finneran,
Comptroller
