The First National Bank of Long Island in Glen Head, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


The First National Bank of Long Island - Overview

  • General
  • FDIC Certificate #: 7072
    Status: Active
    Federal Reserve ID: 837000
    Bank Holding Company (Regulatory Top Holder): First Of Long Island Corporation, The (RSSDID: 1048894, Location: Glen Head, NY)
    Date Established: October 01, 1927
    WWW: http://www.firstofli.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 34 (Domestic: 34, Interstate: No)
    FDIC's unique #: 4713
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 09, 2006
    Last Structure Change Process Date: July 13, 2006
    Last Data Update: July 13, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 Glen Head Road, Glen Head, NY 11545
    County: Nassau
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: New York City
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Nassau-Suffolk, NY (#5380)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: Nassau-Suffolk, NY (#35004)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $2,021.9 mil
    Equity capital: $189.3 mil
    Deposits held in domestic offices: $1,503.5 mil
    Return on assets (ROA): 1.09% ($22.0 mil)
    Quarterly return on assets: 0.99% ($20.0 mil)
    Return on Equity (ROE): 11.54% ($21.8 mil)
    Quarterly return on equity: 10.44% ($19.7 mil)
    Net income: $20.1 mil
    Quarterly Net income: $4.9 mil
    Pretax return on assets: 1.38% ($27,902.2 mil)
    Quarterly Pretax return on assets: 1.22% ($24,667.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 251Total employees (full-time equivalent)
  • $2,021,902Total assets
  • $29,452Cash and due from depository institutions
  • $3,303Interest-bearing balances
  • $956,041Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $969,287Net loans & leases
  • $16,572Loan loss allowance
  • $0Trading account assets
  • $21,809Bank premises and fixed assets
  • $0Other real estate owned
  • $220Goodwill and other intangibles
  • $2,021,902Life insurance assets
  • $45,093All other assets
  • $1,832,468Total liabilities and capital
  • $1,503,510Total liabilities
  • $1,067,991Total deposits
  • $1,503,510Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 127227.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $182,500Trading liabilities
  • $0Other borrowed funds
  • $19,231Subordinated debt
  • $189,434All other liabilities
  • $189,301Total equity capital
  • $189,301Total bank equity capital
  • $0Perpetual preferred stock
  • $1,923Common stock
  • $34,123Surplus
  • $153,255Undivided profits
  • Memoranda
  • $133Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,211Income earned, not collected on loans
  • $0Earning assets
  • $9,022Long-term assets (5+ years)
  • $1,928,631Average Assets, year-to-date
  • $1,023,432Average Assets, quarterly
  • $1,852,147Volatile liabilities
  • $1,980,687Insider loans
  • $843,950FHLB advances
  • $1,946,949Loans and leases held for sale
  • $13,165Unused loan commitments
  • $13,165Tier 1 (core) risk-based capital
  • $171,393Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $123,395Restructured Loans and leases
  • $1,722Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $76,312Total interest income
  • $17,569Total interest expense
  • $58,743Net interest income
  • $4,061Provision for loan and lease losses
  • $6,288Total noninterest income
  • $1,537Fiduciary activities
  • $3,186Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,565Additional noninterest income
  • $35,631Total noninterest expense
  • $20,095Salaries and employee benefits
  • $7,148Premises and equipment expense
  • $8,388Additional noninterest expense
  • $25,339Pre-tax net operating income
  • $138Securities gains (losses)
  • $5,367Applicable income taxes
  • $20,110Income before extraordinary items
  • $0Extraordinary gains - net
  • $20,101Net income attributable to bank
  • $9Net charge-offs
  • $20,110Cash dividends
  • $1,503Sale, conversion, retirement of capital stock, net
  • $6,790Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 3.33%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 2.02%Noninterest expense to earning assets
  • 1.08%Net operating income to assets
  • 1.09%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 11.54%Return on equity (ROE)
  • 7.64%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 270.19%Credit loss provision to net charge-offs
  • 19.56%Efficiency ratio
  • 54,791Assets per employee
  • 8.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 33.78%Loss allowance to loans
  • 1.68%Loss allowance to noncurrent loans
  • 516.10%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 64.47%Net loans and leases to core deposits
  • 67.87%Equity capital to assets
  • 9.36%Core capital (leverage) ratio
  • 8.80%Tier 1 risk-based capital ratio
  • 20.31%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $1,852,147Average earning assets
  • $174,209Average equity
  • $1,765,442Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $137,247Managed Assets
  • 1Number of Accounts
  • $130,705Personal trust and agency accounts
  • $22,890Employee benefit-defined contribution accounts
  • $11,017Employee benefit-defined benefit accounts
  • $500Other retirement accounts
  • $35,288Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $60,264Other fiduciary accounts
  • $746Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 237Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $6,542Other retirement accounts
  • $0Corporate trust and agency accounts
  • $20Other fiduciary accounts
  • $6,522Fiduciary accounts held in foreign offices

List of branches

  • 34 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04713The First National Bank Of Long Isla10 Glen Head Road, Glen Head, NY 11545October 01, 1927Full Service Brick and Mortar
    1213707Greenvale Branch7 Glen Cove Road, Greenvale, NY 11548Febuary 27, 1960Full Service Brick and Mortar
    2213708Northport Branch711 Fort Salonga Road, Northport, NY 11768April 10, 1965Full Service Brick and Mortar
    3213709Roslyn Heights Branch130 Mineola Avenue, Roslyn Heights, NY 11577December 01, 1956Full Service Brick and Mortar
    5213711Old Brookville Branch209 Glen Head Road, Glen Head, NY 11545January 12, 1974Full Service Brick and Mortar
    6213712Woodbury Branch800 Woodbury Road, Woodbury, NY 11797June 04, 1977Full Service Brick and Mortar
    7213713Lake Success Branch3000 Marcus Avenue, Lake Success, NY 11020November 09, 1981Full Service Brick and Mortar
    9213715Hicksville Branch106 Old Country Road, Hicksville, NY 11801January 19, 1988Full Service Brick and Mortar
    12213718New Hyde Park Branch243 Jericho Turnpike, New Hyde Park, NY 11040April 01, 1991Full Service Brick and Mortar
    13213719Locust Valley Branch108 Forest Avenue, Locust Valley, NY 11560January 25, 1993Full Service Brick and Mortar
    14213720Valley Stream Branch127 East Merrick Road, Valley Stream, NY 11580Febuary 13, 1995Full Service Brick and Mortar
    15213721Great Neck Branch536 Northern Boulevard, Great Neck, NY 11021January 15, 1996Full Service Brick and Mortar
    16213722Huntington Branch253 New Yory Ave, Huntington, NY 11743June 02, 1997Full Service Brick and Mortar
    17213723Rockville Centre Branch310 Merrick Road, Rockville Centre, NY 11570Febuary 17, 1998Full Service Brick and Mortar
    18213724Hauppauge Branch330 Motor Pkwy, Ste 100, Hauppauge, NY 11788August 24, 1998Full Service Brick and Mortar
    19213725Garden City Branch1050 Franklin Avenue, Garden City, NY 11530January 19, 1999Full Service Brick and Mortar
    20213726Bohemia Branch30 Orville Drive, Bohemia, NY 11716September 28, 1998Full Service Brick and Mortar
    22359576Deer Park Branch60 East Industry Court, Deer Park, NY 11729Febuary 28, 2001Full Service Brick and Mortar
    23359679Allen Boulevard Branch22 Allen Boulevard, Farmingdale, NY 11735December 04, 2000Full Service Brick and Mortar
    24360893New Highway Branch2091 New Highway, Farmingdale, NY 11735November 22, 2000Full Service Brick and Mortar
    254192971501 Broadway Branch1501 Broadway, New York, NY 10036June 02, 2003Full Service Brick and Mortar
    26419298225 Broadway Branch225 Broadway, New York, NY 10007June 02, 2003Full Service Brick and Mortar
    2741929937th Street Branch232 Madison Avenue, New York, NY 10016June 02, 2003Full Service Brick and Mortar
    28447283Merrick Branch1810 Merrick Avenue, Merrick, NY 11566December 19, 2005Full Service Brick and Mortar
    29458060Village Of The Branch285 Middle Country Road, Smithtown, NY 11787November 06, 2006Full Service Brick and Mortar
    30475479Babylon Branch42 Deer Park Avenue, Babylon, NY 11702March 10, 2008Full Service Brick and Mortar
    31475494Northport Village105 Main Street, Northport, NY 11768January 02, 2008Full Service Brick and Mortar
    32493105Port Jefferson Station BranchDavis Professional Park, Nesconset Hwy, Bldg 4 Suite 21, Port Jefferson Station, NY 11776Febuary 05, 2009Full Service Brick and Mortar
    33507365Cold Spring Harbor Branch147 Main Street, Cold Spring Harbor, NY 11724March 08, 2010Full Service Brick and Mortar
    35510736Bayville Branch282 Bayville Ave, Bayville, NY 11709August 10, 2009Full Service Brick and Mortar
    36510737Sea Cliff Branch299 Sea Cliff Ave, Sea Cliff, NY 11579January 04, 2010Full Service Brick and Mortar
    37510738East Meadow Branch1975 Hempstead Turnpike, Suite 103, East Meadow, NY 11554May 25, 2010Full Service Brick and Mortar
    38511446Bellmore Branch408 Bedford Avenue, Bellmore, NY 11710June 14, 2010Full Service Brick and Mortar
    39518651Point Lookout Branch26a Lido Boulevard, Point Lookout, NY 11569Febuary 18, 2011Full Service Brick and Mortar

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