{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-013516","form_type":"8-K","ticker":null,"cik":"0000740663","company_name":"FIRST OF LONG ISLAND CORP","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.881615+00:00","generated_at":"2026-06-03T05:58:16.116964+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First of Long Island Q1 net income $4.4M ($0.20 EPS), down 32% YoY; NIM 1.79%","bullets":["Net income $4.4M (EPS $0.20) vs $6.5M ($0.29) YoY; net interest income fell 23.2%.","Net interest margin 1.79% (down from 2.00% Q4 2023); cost of interest-bearing liabilities up 151 bps.","No credit loss provision in Q1 vs $1.1M provision a year ago; reserve coverage 0.88% of loans.","Dividend maintained at $0.21/share; repurchased 167,526 shares for $2.0M in Q1.","CEO sees deposit stabilization and wholesale repricing complete; margin improvement in H2 2024 dependent on yield curve."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-013516","json":"https://secwatch.observer/filing/0001437749-24-013516.json","markdown":"https://secwatch.observer/filing/0001437749-24-013516.md","text":"https://secwatch.observer/filing/0001437749-24-013516.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/740663/000143774924013516/0001437749-24-013516-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/740663/000143774924013516/flic20240319_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:58:16.116964+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bddf1a6a19f291bad478fe1d9ded25a9e6c36c45","claim":"FIRST OF LONG ISLAND CORP reported first quarter of 2024 results: net income $4.4 million, EPS $0.20.","evidence_excerpt":"Net income and earnings per share for the quarter ended March 31, 2024, were $4.4 million and $0.20, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/740663/000143774924013516/0001437749-24-013516-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Net income","value":"$4.4 million"},{"label":"EPS","value":"$0.20"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}