content: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                      Form 8-K
  
                                   CURRENT REPORT
  
  
        Pursuant to Section 13 OR 15(D) of the Securities Exchange Act of 1934
  
  
        Date of Report (Date of earliest event reported)   November 1, 2002
                                                           ----------------
  
  
  
                                    STATE BANCORP, INC.
        --------------------------------------------------------------------------
                     (Exact name of registrant as specified in its charter)
  
                   New York                     0-14874            11-2846511
        --------------------------------------------------------------------------
        (State or other jurisdiction of      (Commission        (I.R.S. Employer
         incorporation or organization        File Number)     Identification No.)
  
  
        699 Hillside Avenue, New Hyde Park, NY                      11040-2512
        --------------------------------------------------------------------------
        (Address of principal executive offices)                    (Zip Code)
  
  
        Registrant's telephone number including area code         (516) 437-1000
                                                            ----------------------
  
  
        --------------------------------------------------------------------------
                 (Former name or former address, if changed since last report)
  
  
  
  <PAGE>
  
  
  
  
  ITEM 5  -- OTHER EVENTS
  
  On October 29, 2002, the Registrant raised $10 million from its participation in
  a pooled trust preferred  securities  offering.  The trust preferred  securities
  were issued by a newly established subsidiary, State Bancorp Capital Trust I.
  
  The securities  qualify as Tier I capital for regulatory  purposes and will bear
  an interest rate tied to  three-month  LIBOR.  The  securities are redeemable in
  whole or in part after five years or earlier  under certain  circumstances.  The
  proceeds of this offering will be used for general corporate purposes, including
  the Registrant's ongoing stock repurchase program.
  
  
  ITEM 7  -- FINANCIAL STATEMENTS AND EXHIBITS
  
      (c) Exhibits
  
          99.1  Press release issued by the Company on November 1, 2002 announcing
                the trust preferred securities offering
  
  
  
  
                               SIGNATURE
  
  
  Pursuant to the  requirements  of the Securities  Exchange Act of
  1934,  the Registrant has duly caused this report to be signed on
  its behalf by the undersigned thereunto duly authorized.
  
  
  
                               STATE BANCORP, INC.
  
  
  DATE:   NOVEMBER 1, 2002
  
  
                               BY:   s/Brian K. Finneran
                               --------------------------------------
                               Brian K. Finneran, Secretary/Treasurer
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "nov2002_8k.txt", "secsgml_size_bytes": 2862}]
metadata_filer: {"company-data": {"conformed-name": "STATE BANCORP INC", "cik": "0000723458", "assigned-sic": "6022", "irs-number": "112846511", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14783", "film-number": "02807170"}, "business-address": {"street1": "2 JERICHO PLZ", "city": "JERICHO", "state": "NY", "zip": "11753", "phone": "5164371000"}, "mail-address": {"street1": "699 HILLSIDE AVE", "city": "NEW HYDE PARK", "state": "NY", "zip": "11040"}}
text: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                      Form 8-K
  
                                   CURRENT REPORT
  
        Pursuant to Section 13 OR 15(D) of the Securities Exchange Act of 1934
  
        Date of Report (Date of earliest event reported)   November 1, 2002
                                                           ----------------
  
                                    STATE BANCORP, INC.
        --------------------------------------------------------------------------
                     (Exact name of registrant as specified in its charter)
  
                   New York                     0-14874            11-2846511
        --------------------------------------------------------------------------
        (State or other jurisdiction of      (Commission        (I.R.S. Employer
         incorporation or organization        File Number)     Identification No.)
  
        699 Hillside Avenue, New Hyde Park, NY                      11040-2512
        --------------------------------------------------------------------------
        (Address of principal executive offices)                    (Zip Code)
  
        Registrant's telephone number including area code         (516) 437-1000
                                                            ----------------------
  
        --------------------------------------------------------------------------
                 (Former name or former address, if changed since last report)
  ITEM 5  -- OTHER EVENTS
  
  On October 29, 2002, the Registrant raised $10 million from its participation in
  a pooled trust preferred  securities  offering.  The trust preferred  securities
  were issued by a newly established subsidiary, State Bancorp Capital Trust I.
  
  The securities  qualify as Tier I capital for regulatory  purposes and will bear
  an interest rate tied to  three-month  LIBOR.  The  securities are redeemable in
  whole or in part after five years or earlier  under certain  circumstances.  The
  proceeds of this offering will be used for general corporate purposes, including
  the Registrant's ongoing stock repurchase program.
  
  ITEM 7  -- FINANCIAL STATEMENTS AND EXHIBITS
  
      (c) Exhibits
  
          99.1  Press release issued by the Company on November 1, 2002 announcing
                the trust preferred securities offering
  
                               SIGNATURE
  
  Pursuant to the  requirements  of the Securities  Exchange Act of
  1934,  the Registrant has duly caused this report to be signed on
  its behalf by the undersigned thereunto duly authorized.
  
                               STATE BANCORP, INC.
  
  DATE:   NOVEMBER 1, 2002
  
                               BY:   s/Brian K. Finneran
                               --------------------------------------
                               Brian K. Finneran, Secretary/Treasurer