| Business Summary | | Long
Island
Financial
Corporation
is
the
bank
holding
company
for
Long
Island
Commercial
Bank.
The
Bank
is
a
state-chartered
commercial
bank
which
is
engaged
in
commercial
banking
in
Islandia,
New
York,
and
the
surrounding
communities
in
Suffolk
and
Nassau
Counties.
The
Bank
offers
a
broad
range
of
commercial
and
consumer
banking
services,
including
loans
to,
and
deposit
accounts
for,
small
and
medium-sized
businesses,
professionals,
high
net
worth
individuals
and
consumers.
The
Bank
is
an
independent
local
bank,
emphasizing
personal
attention
and
responsiveness
to
the
needs
of
its
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Long
Island
Financial
Corp.
is
a
bank
holding
company
for
Long
Island
Commercial
Bank,
with
six
offices
in
New
York.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
12%
to
$11.9
million.
Net
interest
income
after
loan
loss
provision
rose
19%
to
$5.8
million.
Net
income
rose
5%
to
$1
million.
Results
reflect
higher
average
loan
balances
and
a
lower
provision
for
loan
losses,
partially
offset
by
increased
salaries
and
capital
securities
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Perry Duryea, Jr., 79 Chairman | -- | Douglas Manditch, 53 Pres,
CEO | $262K | Roy Kern, Sr., 67 Vice
Chairman | -- | Thomas Buonaiuto, 35 VP
and Treasurer | 139K | Carmelo Vizzini, 55 VP
and Sec. | 141K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|