In Brief: Suffolk Earnings Up 16% in Fourth Quarter

RIVERHEAD, N.Y. - Suffolk Bancorp earned $8.3 million for 1994.

In the fourth quarter the company earned $2.2 million, up 16% from the same period in 1993. Return on assets was 1.11%, while return on equity was 11.31%.

Suffolk officials said the bank is beginning to benefit from its second- quarter purchase of Hamptons Bancshares.

Suffolk is the $812 million-asset holding company for Suffolk County National Bank, which has 21 offices on Long Island.

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