Inside Long Island Business
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Suffolk Bancorp reports improved earnings
Photo credit: Heather Walsh
Suffolk Bancorp, the Riverhead company that runs branches of Suffolk County National Bank, announced improved second quarter profits compared to last year.
The bank holding company had profits of $4.2 million -- or earnings of 43 cents per share -- the past quarter, a 28 percent increase from the $3.3 million in profits from the same period in 2011.
The increase in profit was primarily...