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Home > Company Index > Banking > Banking - Northeast > Long Island Financial Corp.

Long Island Financial Corp.
Nasdaq (SC): LICB
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 PROFILE
Had the bank been around in the Roaring Twenties, perhaps Gatsby and his cohorts would have patronized Long Island Commercial Bank. Founded in 1989, the bank, owned by Long Island Financial, offers banking services to the residents and small to midsized businesses in central Long Island, New York. Commercial real estate loans make up more than two-thirds of the bank's loan portfolio. Long Island Commercial also writes commercial and industrial loans, auto loans, residential mortgages, and consumer loans. The bank's deposit activities include checking, savings, and money market accounts, as well as CDs. Long Island Commercial has six branches in New York's Nassau and Suffolk counties.

 COMPETITION
The Bank of New York Company, Inc. (BK)
J.P. Morgan Chase & Co. (JPM)
North Fork Bancorporation, Inc. (NFB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 22.60
1-Yr. Sales Growth: 12.4%
Employees: 77
Revenue per employee: $293,506.49

 KEY PEOPLE
• Douglas C. Manditch
    CEO
• Thomas Buonaiuto
    CFO

 CONTACT INFO
1 Suffolk Sq.
Islandia, NY 11722
US
Phone: 631-348-0888
Fax: 631-348-0830
Online: Web Site

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