The First of Long Island Corporation (FLIC) financial statements (2020 and earlier)

Company profile

Business Address 10 GLEN HEAD RD
GLEN HEAD, NY 11545
State of Incorp. NY
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments39477037403335
Cash and cash equivalents39477037403335
Total current assets:39477037403335
Noncurrent Assets
Operating lease, right-of-use asset14
Property, plant and equipment40414034302824
Deferred income tax assets0
Total noncurrent assets:55414034302824
Other undisclosed assets4,0044,1523,7853,4393,0602,6612,340
TOTAL ASSETS:4,0984,2413,8953,5103,1302,7212,400
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt191389281207212136110
Total current liabilities:191389281207212136110
Noncurrent Liabilities
Other undisclosed liabilities3,5183,4643,2592,9972,6682,3522,083
Total liabilities:3,7093,8533,5403,2042,8792,4882,193
Stockholders' equity
Stockholders' equity attributable to parent389388354306251233207
Common stock2322111
Additional paid in capital112145127102575147
Accumulated other comprehensive income (loss)1(9)1(2)8112
Retained earnings274250224203185170157
Total stockholders' equity:389388354306251233207
TOTAL LIABILITIES AND EQUITY:4,0984,2413,8953,5103,1302,7212,400

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1441281211119887 
Net investment income1441381181049282 
Cost of revenue(0) (5)(3)(4)(3)(3)
Provision for loan, lease, and other losses(0) 
Financial services costs(5)(3)(4)(3)(3)
Gross profit:1441281161079484(3)
Operating expenses(14)(48)(42)(38)(35)(20)(24)
Other operating income, net
(Noninterest Income, Other Operating Income)
5843322
Operating income (loss):1358879726166(25)
Nonoperating income     11
Investment income, nonoperating     00
Bank owned life insurance income     11
Interest and debt expense(44)(36)(22)(20)(18)(15)(12)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(42)(5)(12)(12)(10)(23)64
Income from continuing operations before income taxes:50474540332927
Income tax expense(8)(5)(10)(9)(7)(6)(6)
Net income attributable to parent:42423531262321
Undistributed earnings (loss) allocated to participating securities, basic (0)(0)
Other undisclosed net loss available to common stockholders, basic   (0)   
Net income available to common stockholders, diluted:42413531262321

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:42423531262321
Other comprehensive income (loss)10(10)2(9)(3)(9) 
Comprehensive income:52323722231421
Other undisclosed comprehensive income (loss), net of tax, attributable to parent     18(15)
Comprehensive income, net of tax, attributable to parent:5232372223326

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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