FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FINNERAN BRIAN K 		2. Issuer Name and Ticker or Trading Symbol

STATE BANCORP INC [ stbc ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Executive Vice President
(Last)          (First)          (Middle)

3. Date of Earliest Transaction (MM/DD/YYYY)

12/31/2009
(Street)

 
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
State Bancorp, Inc. Common Stock   12/31/2009     A    6896   (1) A $0   51847   (2) (3) D    
State Bancorp, Inc. Common Stock                  8399.575   (4) D    
State Bancorp, Inc. Common Stock                  744.802   I   Cust for son  
State Bancorp, Inc. Common Stock                  794.306   I   Cust for son  
State Bancorp, Inc. Common Stock                  743.722   I   Cust for daughter  
State Bancorp, Inc. Common Stock                  29102.5843   I   Through ESOP  
State Bancorp, Inc. Common Stock                  325.1241   (5) D    
State Bancorp, Inc. Common Stock                  300   I   Wife's IRA  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
ISO   $19.16                    2/23/2004   (6) 2/23/2014   STB Common   6300     6300   D    
ISO   $22.63                    2/14/2005   (6) 2/14/2015   STB Common   6000     6000   D    

Explanation of Responses:
( 1)  Shares acquired are shares of restricted stock granted to Mr. Finneran as part of his 2008 incentive compensation package. Shares vest over a five year period; one-third to vest on March 25, 2012, one-third to vest on March 25, 2013 and the remainder to vest on March 25, 2014 as outlined under the Company's 2006 Equity Compensation Plan Restricted Stock Award Agreement dated December 31, 2009.
( 2)  Total includes 6896 shares of restricted stock granted to Mr. Finneran as part of his 2008 incentive compensation package. Shares vest over a five year period; one-third to vest on March 25, 2012, one-third to vest on March 25, 2013 and the remainder to vest on March 25, 2014 as outlined under the Company's 2006 Equity Compensation Plan Restricted Stock Award Agreement dated December 31, 2009.
( 3)  Joint with wife.
( 4)  IRA.
( 5)  Through Company 401(K) Matching Program.
( 6)  These options are subject to a five year vesting schedule (0% the first year and 25% each of the following years).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FINNERAN BRIAN K

 

Executive Vice President

Signatures
Brian K. Finneran 1/4/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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