May 11 (Reuters) - Suffolk Bancorp:
* Will not file its quarterly report on form 10-Q for period ended March 31,
2011 within the prescribed time
* Says management identified possible deficiencies and/or weaknesses in the
company's internal controls
* Says has retained independent consultants who are reviewing Suffolk's loan
files
* As a result of review, may determine that allowance for loan losses should be
adjusted in one or more prior periods
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Will not file its quarterly report on form 10-Q for period ended March 31,
2011 within the prescribed time
* Says management identified possible deficiencies and/or weaknesses in the
company's internal controls
* Says has retained independent consultants who are reviewing Suffolk's loan
files
* As a result of review, may determine that allowance for loan losses should be
adjusted in one or more prior periods
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.