Taking advantage of the government's increased interest in small business lending, a Long Island bank has raised antitrust objections to a planned purchase of its stock by a competitor.

Suffolk Bancorp of Riverhead, N.Y., argued in a filing with the Federal Reserve Bank of New York that the plan of Mattituck-based North Fork Bancorp.'s plan to buy 19.9% of Suffolk would substantially harm small business lending on eastern Long Island. Both headquarters towns are Suffolk County.

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