excellent using of static final variables

spot the difference between below codes, which one is good and why

code # 1





public class StaticExample {


/**
* @param args
*/

public static final String name;

static{
String nam = "sai";

name =nam;
}




public static void main(String[] args) {
System.out.println(name);


}




}

Code # 2

public class StaticExample {

/**

* @param args

*/

public static final String name;

static{

name ="sai";

}

public static void main(String[] args) {

System.out.println(name);

}

}