First of Long Island Corp. (FLIC) 2020年年度报告「NASDAQ」.pdf

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1、Annual Report2020 Annual ReportThe First National Bank of Long Island,the sole subsidiary of The First of Long Island Corporation(NASDAQ:FLIC),is a local bank founded in 1927 in Glen Head,New York.Through its branch network branded as First National Bank LI,the Bank focuses on business and consumer

2、needs on Long Island and in New York City.We offer a broad set of lending,deposit,investment and digital products.First National Bank LI is known for its culture of delivering extraordinary service and a“Customer First”banking experience to small and middle market businesses,professional service fir

3、ms,not-for-profits,municipalities and consumers.The Banks tagline“Go First.Go Far.SM”communicates its employees commitment to helping customers reach their financial goals.For more information about the Bank and Corporation visit .1Selected Financial Data(dollars in thousands,except per share data)I

4、ncome Statement Data20202019201820172016Interest Income$131,216$143,850$138,237$118,265$104,123 Interest Expense 29,188 43,681 35,730 21,709 18,002 Net Interest Income 102,028 100,169 102,507 96,556 86,121 Provision(Credit)for Credit Losses 3,006 33 (1,755)4,854 3,480 Net Income 41,203 41,555 41,573

5、 35,122 30,880 Per Share DataBasic Earnings$1.73$1.68$1.64$1.44$1.35 Diluted Earnings 1.72 1.67 1.63 1.43 1.34 Cash Dividends Declared.74.70.64.58.55 Dividend Payout Ratio43.02%41.92%39.26%40.56%41.04%Book Value$17.11$16.26$15.27$14.37$12.90 Tangible Book Value 17.10 16.25 15.26 14.36 12.90 Balance

6、Sheet Data at Year EndTotal Assets$4,069,141$4,097,843$4,241,060$3,894,708$3,510,320 Loans 3,033,454 3,188,249 3,263,399 2,950,352 2,545,421 Allowance for Credit Losses 33,037 29,289 30,838 33,784 30,057 Deposits 3,321,588 3,144,016 3,084,972 2,821,997 2,608,717 Borrowed Funds 306,097 528,182 750,95