First of Long Island Balance Sheet Health
Financial Health criteria checks 6/6
First of Long Island has total assets of $4.2B and total equity of $376.2M. Total deposits are $3.4B, and total loans are $3.2B. It earns a Net Interest Margin of 2.2%. It has sufficient allowance for bad loans, which are currently at 0.07% of total loans. Cash and short-term investments are $67.3M.
Key information
11.2x
Asset to equity ratio
2.2%
Net interest margin
| Total deposits | US$3.36b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.07% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$67.29m |
Recent financial health updates
No updates
Recent updates
First 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 28First Of Long Island: Rosy Earnings Outlook Thanks To Provisions Reversals, Deposit Repricing
Aug 13Should You Be Adding First of Long Island (NASDAQ:FLIC) To Your Watchlist Today?
May 26Is It Smart To Buy The First of Long Island Corporation (NASDAQ:FLIC) Before It Goes Ex-Dividend?
Mar 04Would Shareholders Who Purchased First of Long Island's (NASDAQ:FLIC) Stock Three Years Be Happy With The Share price Today?
Mar 02First Of Long Island: Stock Price Appears Unjustifiably Depressed
Feb 04US$20.00 - That's What Analysts Think The First of Long Island Corporation (NASDAQ:FLIC) Is Worth After These Results
Feb 02
Why The First of Long Island Corporation (NASDAQ:FLIC) Should Be In Your Dividend Portfolio
Jan 30Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FLIC's Assets to Equity ratio (11.2x) is moderate.
Allowance for Bad Loans: FLIC has a sufficient allowance for bad loans (1202%).
Low Risk Liabilities: 88% 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 (77%).
Low Risk Deposits: FLIC's Loans to Deposits ratio (96%) is appropriate.
Level of Bad Loans: FLIC has an appropriate level of bad loans (0.1%).