State Investors Bancorp, Inc. (State Investors) is the holding company of State-Investors Bank. State Investors Bancorp was organized by State-Investors Bank (the Bank) to facilitate the conversion of the Bank from the mutual to the stock form (the Conversion) of ownership. State-Investors Bank�s principal business is accepting deposits from the general public and using those deposits to make residential and commercial loans to individuals and businesses located primarily in the parishes in which the Company has branch offices, which are a part of the seven parishes New Orleans-Metairie-Kenner Metropolitan Statistical Area. State Investors Bancorp�s primary lending activity is the origination of one- to four-family residential loans for portfolio. State Investors Bancorp�s loans are primarily funded by certificates of deposit, which typically have a higher interest rate than savings accounts.