<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from the consolidated financial information incorporated by reference to the 1996 Annual Report which is filed herwith as Exhibit 13 and is qualified in its entirety by reference to such financial information. </LEGEND> <CIK> 0000740663 <NAME> THE FIRST OF LONG ISLAND CORPORATION <PERIOD-TYPE> 12-Mos <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 19,350,653 <INT-BEARING-DEPOSITS> 0 <FED-FUNDS-SOLD> 38,500,000 <TRADING-ASSETS> 0 <INVESTMENTS-HELD-FOR-SALE> 80,416,693 <INVESTMENTS-CARRYING> 141,850,117 <INVESTMENTS-MARKET> 142,095,000 <LOANS> 153,522,136 <ALLOWANCE> (3,600,366) <TOTAL-ASSETS> 440,895,348 <DEPOSITS> 384,361,036 <SHORT-TERM> 0 <LIABILITIES-OTHER> 2,365,387 <LONG-TERM> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 208,878 <OTHER-SE> 53,960,047 <TOTAL-LIABILITIES-AND-EQUITY> 440,895,348 <INTEREST-LOAN> 13,354,269 <INTEREST-INVEST> 13,308,451 <INTEREST-OTHER> 1,923,245 <INTEREST-TOTAL> 28,585,965 <INTEREST-DEPOSIT> 8,491,955 <INTEREST-EXPENSE> 8,491,955 <INTEREST-INCOME-NET> 20,094,010 <LOAN-LOSSES> 0 <SECURITIES-GAINS> (148,168) <EXPENSE-OTHER> 13,499,313 <INCOME-PRETAX> 10,500,440 <INCOME-PRE-EXTRAORDINARY> 10,500,440 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,891,340 <EPS-PRIMARY> 3.23 <EPS-DILUTED> 3.23 <YIELD-ACTUAL> 5.17 <LOANS-NON> 658,727 <LOANS-PAST> 31,000 <LOANS-TROUBLED> 875,796 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 3,600,030 <CHARGE-OFFS> 35,001 <RECOVERIES> 35,337 <ALLOWANCE-CLOSE> 3,600,366 <ALLOWANCE-DOMESTIC> 0 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0