Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
Gold Coast Bank, an Islandia-based operator of five branches on the Island, reported lower profits due to a tax benefit that boosted the company's figures last year.
Profits for the privately held bank were $155,000, or 7 cents a share, for the three months ending June 30 -- down from $244,000 for the year-ago period. The decrease was due to a one-time $122,000 tax benefit that boosted the...Read more »