First of Long Island Corp
The First of Long Island Corporation operates as a bank holding company for The First National Bank of Long Island that provides financial services to small and medium market businesses, professional service firms, not-for-profits, municipalities, and consumers in the United States. The company offers business and personal checking products; negotiable order of withdrawal, interest on lawyer, esc… Read more
First of Long Island Corp (FLIC) - Total Assets
Latest total assets as of March 2025: $4.08 Billion USD
Based on the latest financial reports, First of Long Island Corp (FLIC) holds total assets worth $4.08 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
First of Long Island Corp - Total Assets Trend (1989–2024)
This chart illustrates how First of Long Island Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First of Long Island Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
First of Long Island Corp's total assets of $4.08 Billion consist of 10.1% current assets and 89.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $13.41 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1989–2024)
This chart illustrates how First of Long Island Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First of Long Island Corp's current assets represent 10.1% of total assets in 2024, a decrease from 20.2% in 1989.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 20.2% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is accounts receivable at 0.3% of total assets.
First of Long Island Corp Competitors by Total Assets
Key competitors of First of Long Island Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
First of Long Island Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First of Long Island Corp generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, First of Long Island Corp generates $ 0.41 in net profit.
First of Long Island Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.13 | 0.24 | 0.27 |
| Quick Ratio | 0.13 | 0.24 | 0.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.86 Billion | $ -2.54 Billion | $ -2.48 Billion |
First of Long Island Corp - Advanced Valuation Insights
This section examines the relationship between First of Long Island Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.70 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -2.8% |
| Total Assets | $4.12 Billion |
| Market Capitalization | $254.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values First of Long Island Corp's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: First of Long Island Corp's assets decreased by 2.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for First of Long Island Corp (1989–2024)
The table below shows the annual total assets of First of Long Island Corp from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.12 Billion | -2.75% |
| 2023-12-31 | $4.24 Billion | -1.07% |
| 2022-12-31 | $4.28 Billion | +5.23% |
| 2021-12-31 | $4.07 Billion | -0.01% |
| 2020-12-31 | $4.07 Billion | -0.70% |
| 2019-12-31 | $4.10 Billion | -3.38% |
| 2018-12-31 | $4.24 Billion | +8.89% |
| 2017-12-31 | $3.89 Billion | +10.95% |
| 2016-12-31 | $3.51 Billion | +12.14% |
| 2015-12-31 | $3.13 Billion | +15.02% |
| 2014-12-31 | $2.72 Billion | +13.40% |
| 2013-12-31 | $2.40 Billion | +13.83% |
| 2012-12-31 | $2.11 Billion | +4.25% |
| 2011-12-31 | $2.02 Billion | +18.20% |
| 2010-12-31 | $1.71 Billion | +2.14% |
| 2009-12-31 | $1.68 Billion | +32.78% |
| 2008-12-31 | $1.26 Billion | +18.02% |
| 2007-12-31 | $1.07 Billion | +12.04% |
| 2006-12-31 | $954.17 Million | +1.06% |
| 2005-12-31 | $944.16 Million | +2.87% |
| 2004-12-31 | $917.78 Million | +0.38% |
| 2003-12-31 | $914.26 Million | +15.39% |
| 2002-12-31 | $792.34 Million | +15.83% |
| 2001-12-31 | $684.08 Million | +9.28% |
| 2000-12-31 | $625.99 Million | +9.71% |
| 1999-12-31 | $570.60 Million | +4.20% |
| 1998-12-31 | $547.60 Million | +12.98% |
| 1997-12-31 | $484.70 Million | +9.93% |
| 1996-12-31 | $440.90 Million | +3.57% |
| 1995-12-31 | $425.70 Million | +7.47% |
| 1994-12-31 | $396.10 Million | +3.91% |
| 1993-12-31 | $381.20 Million | +3.93% |
| 1992-12-31 | $366.80 Million | +5.25% |
| 1991-12-31 | $348.50 Million | +6.35% |
| 1990-12-31 | $327.70 Million | +10.11% |
| 1989-12-31 | $297.60 Million | -- |