First of Long Island CORP: insider trades · United States · SEC (Form 4)

About First of Long Island CORP

The First of Long Island Corporation (ticker: FLIC) was a U.S.-listed banking company on the NASDAQ. Prior to its merger with ConnectOne Bancorp, FLIC served as the holding company for The First National Bank of Long Island, a national banking association organized in 1927. The group was historically headquartered in the Long Island/New York market, with Melville, New York referenced in its SEC filings and corporate materials, and Glen Head, New York highlighted in company profile sources as its founding base. For international investors, FLIC represented a classic U.S. regional bank: locally anchored, relationship-driven, and concentrated in a clearly defined geographic franchise rather than diversified across the country. ([sec.gov](https://www.sec.gov/Archives/edgar/data/740663/000143774925007257/flic20241231_10k.htm)) Its core business was commercial banking. FLIC offered deposit products, loan products, and a broad set of banking services to individual, professional, corporate, institutional, and government customers. Product breadth included personal and business checking and savings, money market accounts, debit and credit cards, mobile and online banking, treasury and cash-management tools, residential and commercial mortgages, commercial and industrial loans, small-business lending, municipal lending, multifamily financing, owner-occupied real estate loans, construction and land-development lending, consumer lending, revolving home-equity lines, and standby letters of credit. In other words, the franchise combined retail banking, small-business banking, and commercial real estate-oriented lending under one regional platform. ([fnbli.com](https://www.fnbli.com/personal-banking?utm_source=openai)) Geographically, the bank’s footprint was highly concentrated in the New York metropolitan area, especially Nassau and Suffolk Counties on Long Island, with additional presence in Manhattan. SEC merger materials described the company as operating 36 branches in Nassau and Suffolk Counties and the boroughs of New York City at closing, while earlier company materials indicated roughly 40 branches in the broader New York metro area. That concentration made FLIC a focused community and regional franchise with strong local knowledge, but also exposed it to local economic and competitive conditions. ([sec.gov](https://www.sec.gov/Archives/edgar/data/712771/000143774924028482/ex_721452.htm?utm_source=openai)) The key recent development is the merger with ConnectOne Bancorp. FLIC and ConnectOne announced their definitive merger agreement on September 4, 2024; FLIC shareholders approved the deal on February 14, 2025; and the transaction closed on June 1, 2025. Upon closing, FLIC merged into ConnectOne, and First National Bank of Long Island merged into ConnectOne Bank. FLIC shareholders received 0.5175 shares of ConnectOne common stock for each FLIC share, and the combined transaction value was reported at approximately $270.8 million in subsequent SEC disclosures. As a result, FLIC is no longer an independent listed issuer, but its banking footprint was absorbed into a larger regional banking platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/740663/000143774925007257/flic20241231_10k.htm))