First of Long Island — Investor Presentation (March 2024)
10 slides from First of Long Island's investor presentation, Mar 1, 2024
Slide 1: iB H = a
iB H 5 3 = a
Slide 2: Safe Harbor Statement
ANFirst Safe Harbor Statement This presentation contains forward-looking statements that are based on The First of Long Island Corporation's ("FLIC") assumptions and beliefs. Such statements pertain to the outlook for FLIC’s business, plans and objectives and market trends and other matters. These f
Slide 3: Commercial Real Estate Underwriting Strengths
ANFirst Commercial Real Estate Underwriting Strengths 5 track record owning ging similar i satisfactory to repay through as financial statements, leases, and rent rols. In processing requests for commercial mortgage loans, the Bank obtains independent appraisals in accordance with regulatory 10 loan
Slide 4: Total Loans
ANFirst Total Loans* Construction 1% ‘Owner Occupied / ‘Commercial & Industrial Fratof Long slond Coprnton| Investor Presertaton 4
Slide 5: Commercial Real Estate Loans
Commercial Real Estate Loans LTV (eigted average) 52% Construction 1% (weighted Average) 2.25x 36-Month Growth (12ewao.t2rew23) 35 1 % 59% of Total Loan Portfolio . (J Average Loan Size ~ $2.4 million Asset Quality Metrics: + Classified/Criticized* — 0.63% + Non-Performing* - 0.00% + Past Due* - 0.0
Slide 6: Loans
Multifamily Loans Lv Asset Quality Metrics: (West Average 0, + Classified/Criticized* - 0.00% 52% + Non-Performing* - 0.00% pee + Past Due* - 0.00% (Weighted Average) 1.91x 36-Month Growth (warawa0-tarave9 0 26% of Total Loan Portfolio 1 0 | % Average Loan Size - $2.4M + Charge-Offs in 2023* - 0.00%
Slide 7: Majority Free Market
Multifamily — Majority Free Market LTv 51% DSCR (Weighted Average) 1.94x Asset Quality Metrics: + Classified/Criticized* — 0.00% + Non-Performing* — 0.00% + Past Due* — 0.00% + Charge-Offs in 2023* - 0.00% Rate Reset 0-42-Months 43-24-Months $29.3M | $35.5M $2.4M 12% of Total Loan Portfolio
Slide 8: 100% Rent Regulated
Multifamily —- 100% Rent Regulated LIV (ited Ava 53% DSCR (Woigtea Average) 1 1.97x Loan Size ‘average) $2.2M 8% of Total Loan Portfolio Asset Quality Metrics: + Classified/Criticized* — 0.00% + Non-Performing* - 0.00% + Past Due* — 0.00% + Charge-Offs* in 2023 - 0.00% Rate Reset lonths 43-24-Months
Slide 9: Majority Rent Regulated
Multifamily — Majority Rent Regulated LTv 52% DSCR (weightes Average) 1.77x 6% of Total Loan Portfolio Asset Quality Metrics: + Classified/Criticized* - 0.00% + Non-Performing* - 0.00% + Past Due* — 0.00% + Charge-Offs” in 2023 - 0.00% 0-42-Months Rate Reset 13-24-Months M = $32.6M
Slide 10: Office - Non-Owner Occupied
Office - Non-Owner Occupied 57% Per tnes ae»: 1.73x 36-Month Growth ivaeveo-2n029) 41.2% 7% of Total Loan Portfolio . 0 Average Loan Size — $4.3M Manhattan <1% ANFi Asset Quality Metrics: + Classified/Criticized - 0.43%" + Non-Performing - 0.00% + Past Due - 0.00% + Charge-Offs in 2023 - 0.00% Rate
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