GLEN HEAD, N.Y., Jan. 28, 2011 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) earned $18,392,000 in 2010. This is an increase of 36.6% over 2009 earnings of $13,463,000. On a per share basis, earnings for 2010 were $2.30. This is $.46 better than $1.84 per share earned in 2009. Returns on average assets and equity were 1.11% and 12.94%, respectively, for 2010 compared to .95% and 12.15%, respectively, for 2009.
The First Of Long Island Corporation Announces Increase In Earnings For The Year And Quarter Ended December 31, 2010
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