First of Long Island Balance Sheet Health
Financial Health criteria checks 6/6
First of Long Island has total assets of $4.1B and total equity of $378.9M. Total deposits are $3.3B, and total loans are $3.2B. It earns a Net Interest Margin of 1.8%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $38.7M.
Key information
10.9x
Asset to equity ratio
1.8%
Net interest margin
| Total deposits | US$3.26b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$38.73m |
Recent financial health updates
No updates
Recent updates
First of Long Island Corporation: Q3 Earnings Merit A Buy
Oct 28First of Long Island (NASDAQ:FLIC) Is Paying Out A Dividend Of $0.21
Jul 02
First of Long Island (NASDAQ:FLIC) Will Pay A Dividend Of $0.21
Mar 11First of Long Island (NASDAQ:FLIC) Has Announced A Dividend Of $0.21
Dec 21First of Long Island (NASDAQ:FLIC) Has Announced A Dividend Of $0.21
Oct 06First of Long Island (NASDAQ:FLIC) Is Due To Pay A Dividend Of $0.21
Jul 06These Analysts Just Made An Incredible Downgrade To Their The First of Long Island Corporation (NASDAQ:FLIC) EPS Forecasts
May 07First of Long Island (NASDAQ:FLIC) Has Announced A Dividend Of $0.21
Mar 09First of Long Island's (NASDAQ:FLIC) Upcoming Dividend Will Be Larger Than Last Year's
Oct 06The First of Long Island raises dividend by 5% to $0.21
Sep 30The First Of Long Island: Solid Yielding Bank To Own Under $20
Aug 21The First of Long Island Q2 GAAP EPS, revenue beats
Jul 28The First of Long Island declares $0.20 dividend
Jul 01First of Long Island: Capable Of Weathering Higher Interest Rates
Jun 07First of Long Island - A Fair Deal At 1.15x Tangible Book Value
Mar 23First Of Long Island: Attractively Valued But Earnings Will Likely Decline
Jan 13The First of Long Island Offers A High Yield To Wait
Oct 28Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FLIC's Assets to Equity ratio (10.9x) is moderate.
Allowance for Bad Loans: FLIC has a sufficient allowance for bad loans (877%).
Low Risk Liabilities: 87% of FLIC's liabilities are made up of primarily low risk sources of funding.
Loan Level: FLIC has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: FLIC's Loans to Deposits ratio (98%) is appropriate.
Level of Bad Loans: FLIC has an appropriate level of bad loans (0.1%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/16 09:43 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
The First of Long Island Corporation is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erik Zwick | Boenning & Scattergood, Inc. |
| Christopher McGratty | Keefe, Bruyette, & Woods |
| Christopher O'Connell | Keefe, Bruyette, & Woods |