The First of Long Island Corp., the parent company of the First National Bank of Long Island, on Thursday reported net income for its third quarter rose 23 percent to $8 million.

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Profit for the first nine months hit $23.1 million, a 19 percent increase.

The Glen Head-based company’s shares fell less than 2 percent to close at $32.10 on Friday on the Nasdaq Stock Market. Shares are up 16 percent over the last year.