<PAGE>
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
-----------------
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
- ------------------- -----
(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)
------------------------------
(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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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 29, 1996 By: /s/ Brian K. Finneran
---------------------
Brian K. Finneran,
Comptroller
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c) 1987 incentive stock Incorporated by reference from
option plan, as exhibit 10c to the Company's
amended December 31, 1991 Form 10-K.
d) 1984 incentive stock Incorporated by reference from
option plan exhibit 10d to the Company's
December 31, 1993 Form 10-K.
e) (i) Executive Incorporated by reference from
severance plan no. 1 exhibit 10f to the Company's
December 31, 1987 Form 10-K.
e) (ii) Executive Incorporated by reference from
severance plan no. 2 exhibit 10d to the Company's
December 31, 1990 Form 10-K.
e) (iii) Executive Filed herein
severance plan no. 3
e) (iv) Executive Filed herein
severance plan no. 4
e) (v) Executive Filed herein
severance plan no. 5
f) State Bank of Long Incorporated by reference from
Island 401k exhibit 10g to the Company's
retirement plan and December 31, 1987 Form 10-K.
trust
g) State Bancorp, Inc. Incorporated by reference from
employee stock exhibit 10g to the Company's
ownership plan December 31, 1987 Form 10-K.
h) Deferred compensation Filed herein
agreement
(13) Annual report to Filed herein
stockholders
(24) Independent Auditor's Filed herein
Consent
(27) Financial Data Schedule Filed herein
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 9
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<CASH> 45,853,678
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 76,000,000
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 204,391,430
<INVESTMENTS-CARRYING> 28,222,798
<INVESTMENTS-MARKET> 28,224,224
<LOANS> 287,578,741
<ALLOWANCE> 5,004,216
<TOTAL-ASSETS> 650,950,468
<DEPOSITS> 497,739,954
<SHORT-TERM> 110,217,774
<LIABILITIES-OTHER> 2,405,188
<LONG-TERM> 0
0
0
<COMMON> 21,059,560
<OTHER-SE> 19,527,992
<TOTAL-LIABILITIES-AND-EQUITY> 650,950,468
<INTEREST-LOAN> 25,022,021
<INTEREST-INVEST> 12,938,260
<INTEREST-OTHER> 1,466,075
<INTEREST-TOTAL> 39,426,356
<INTEREST-DEPOSIT> 17,105,563
<INTEREST-EXPENSE> 18,669,569
<INTEREST-INCOME-NET> 20,756,787
<LOAN-LOSSES> 1,200,000
<SECURITIES-GAINS> (55,162)
<EXPENSE-OTHER> 13,483,056
<INCOME-PRETAX> 7,497,878
<INCOME-PRE-EXTRAORDINARY> 7,497,878
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 5,038,665
<EPS-PRIMARY> 1.21
<EPS-DILUTED> 1.21
<YIELD-ACTUAL> 7.92
<LOANS-NON> 8,246,847
<LOANS-PAST> 337,000
<LOANS-TROUBLED> 3,344,000
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 4,928,521
<CHARGE-OFFS> 1,194,049
<RECOVERIES> 69,744
<ALLOWANCE-CLOSE> 5,004,216
<ALLOWANCE-DOMESTIC> 5,004,216
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 2,597,000
</TABLE>
