updated 12/22/2010 9:47:16 AM ET 2010-12-22T14:47:16

GLEN HEAD, N.Y., Dec. 22, 2010 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a fourth quarter cash dividend in the amount of 22 cents per share. This represents a 10% increase over the dividend of 20 cents per share declared in the same quarter last year. The dividend will be paid on January 11, 2011 to shareholders of record on December 31, 2010. 

The First National Bank of Long Island is the sole subsidiary of The First of Long Island Corporation. The Bank currently has nineteen full service offices, twelve commercial banking offices and two select service banking centers in Nassau and Suffolk Counties and Manhattan.

CONTACT:  The First of Long Island Corporation 
          Mark D. Curtis, Senior Vice President & Treasurer
          (516) 671-4900 Ext. 556

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