1、2019 Annual ReportCompany Profile The First of Long Island Corporation(Corporation)is a one-bank holding company organized under the laws of the State of New York.Its primary business is the operation of its sole subsidiary,The First National Bank of Long Island(Bank).The Bank was organized in 1927
2、under national banking laws and became the sole subsidiary of the Corporation under a plan of reorganization effected April 30,1984.The Bank is a full service commercial bank which provides a broad range of financial services to individual,professional,corporate,institutional and government customer
3、s through its branch system in Nassau and Suffolk Counties,Long Island and the New York City boroughs of Queens,Brooklyn and Manhattan.The Corporation is subject to regulation and supervision of the Federal Reserve Board and the Securities and Exchange Commission.The Bank is subject to regulation an
4、d supervision of the Federal Reserve Board,the Office of the Comptroller of the Currency(OCC)and the Federal Deposit Insurance Corporation,which also insures its deposits.The OCC is the primary banking agency responsible for regulating and supervising the Bank.Mission Statement Our mission is to del
5、iver exceptional personalized service to small businesses,professionals,lower middle market customers,service-conscious consumers,and municipalities in targeted markets,resulting in superior financial returns to our shareholders.Selected Financial Data INCOME STATEMENT DATA:Interest IncomeInterest E
6、xpenseNet Interest Income Provision(Credit)for Loan LossesNet Income PER SHARE DATA:Basic EarningsDiluted Earnings Cash Dividends Declared Dividend Payout Ratio Book Value Tangible Book Value BALANCE SHEET DATA AT YEAR END:Total Assets LoansAllowance for Loan LossesDepositsBorrowed FundsStockholders