First of Long Island Corp. (FLIC) 2010年年度报告「NASDAQ」.pdf

1、balance+momentum2010annual report2010 Financial Highlights Net Income was$18.4 million,up 37%,or$4.9 million versus 2009 Earnings per share were$2.30,up 25%,or$.46 per share versus 2009On an average balance basis:Total Assets were$1.66 billion,up 17%,or$244 million versus 2009 Loans were$864 million

2、,up 21%,or$148 million versus 2009 Deposits were$1.3 billion,up 19%,or$209 million versus 2009 Residential Mortgages were$291 million,up 30%,or$66 million versus 2009 Commercial Mortgages were$409 million,up 29%,or$92 million versus 2009table of contents2-3 PRESIDENT&CEO MESSAGE 4 BOARD OF DIRECTORS

3、&EXECUTIVE OFFICERS5 FINANCIAL STRENGTH6 LOAN GROWTH&ASSET QUALITY7 BRANCH EXPANSION8-9 NEW BRANCHES 10-11 BRANCH LOCATION MAP 12 DISASTER RECOVERY CENTER 13 COMMUNITY OUTREACH 14 SELECTED FINANCIAL DATA 15-65 FINANCIALS 66 OFFICERS&OFFICIAL STAFF 67 BUSINESS ADVISORY BOARD merrickA Message From The

4、 President&CEODear Shareholder:It gives me great pride to report to you that as of year end 2010,The First National Bank of Long Island was the largest independent commercial bank headquartered on Long Island.On an average balance basis,the Banks total assets grew$244 million,or 17.2%,during 2010.Pr

5、ofits were at a historic high of$18.4 million,an increase of almost 37%over 2009.On a per share basis,we were up 46 cents,or 25%.We improved our returns on average assets and average equity,which were 1.11%and 12.94%,respectively,in 2010 compared to.95%and 12.15%,respectively,for last year.More impo

6、rtantly,this was the third year in a row our stock price appreciated.Using year end measurement dates,the compounded annual growth rate of our stock price over the last three years was 15.74%.In 2010,our dividend increased by 8 cents per share,or 10.5%.We continued to increase our dividend at a doub