FLUSHING FINANCIAL CORP (FFIC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Banking services fee income | 1,948 | 1,521 | 1,790 | 1,583 |
| Other income | 653 | 804 | 1,491 | 658 |
| Net gain (loss) on sale of loans | 2,757 | 630 | 137 | 26 |
| Net gain (loss) from fair value adjustments | 1,656 | -152 | 974 | 57 |
| Bank owned life insurance | 2,835 | 1,574 | 1,260 | 1,223 |
| Federal home loan bank of new york stock dividends | 428 | 697 | 624 | 669 |
| Life insurance proceeds | - | - | 1 | - |
| Total non-interest income (loss) | 10,277 | 5,074 | 6,277 | 4,216 |
| Gains (losses) on sales of investment real estate | - | - | 174 | - |
| Impairment of goodwill | - | 17,636 | - | - |
| Professional services | 3,452 | 2,885 | 2,752 | 2,786 |
| Other operating expenses | 5,350 | 6,872 | 5,587 | 6,168 |
| Occupancy and equipment | 4,005 | 4,092 | 3,745 | 3,713 |
| Salaries and employee benefits | 22,648 | 22,896 | 22,216 | 21,723 |
| Data processing | 1,806 | 1,868 | 1,681 | 1,785 |
| Fdic deposit insurance | 1,508 | 1,709 | 1,318 | 1,322 |
| Depreciation and amortization of bank premises and equipment | 1,367 | 1,373 | 1,436 | 1,425 |
| Other real estate owned / foreclosure expense | -220 | -345 | -135 | -125 |
| Total non-interest expense | 40,356 | 59,676 | 38,696 | 39,047 |
| Provision (benefit) for credit losses | 4,194 | 4,318 | 1,727 | 809 |
| Interest expense | - | - | - | 70,454 |
| Other interest expense | 5,156 | 6,373 | 10,840 | 9,561 |
| Deposits | 59,037 | 57,174 | 66,150 | 60,893 |
| Total interest expense | 64,193 | 63,547 | 76,990 | - |
| Other interest income | 2,183 | 2,063 | 2,565 | 2,260 |
| Interest | 20,186 | 21,413 | 24,215 | 18,209 |
| Dividends | 28 | 28 | 33 | 33 |
| Interest and fees on loans | 95,005 | 93,032 | 95,780 | 92,728 |
| Total interest and dividend income | 117,402 | 116,536 | 122,593 | 113,230 |
| Net interest income (loss) | 53,209 | 52,989 | 45,603 | 42,776 |
| Net interest income after provision (benefit) for credit losses | 49,015 | 48,671 | 43,876 | 41,967 |
| Income (loss) before income taxes | 18,936 | -5,931 | 11,457 | 7,136 |
| State and local | 1,562 | 1,693 | 1,067 | 616 |
| Federal | 3,171 | 2,172 | 1,484 | 1,198 |
| Total provision (benefit) for income taxes | 4,733 | 3,865 | 2,551 | 1,814 |
| Net income (loss) | 14,203 | -9,796 | 8,906 | 5,322 |
| Diluted average shares | - | - | 29,742,000 | 29,789,000 |
| Basic earnings (loss) per common share (in dollars per share) | 0.41 | -0.29 | 0.3 | 0.18 |
| Diluted earnings (loss) per common share (in dollars per share) | 0.41 | -0.29 | 0.3 | 0.18 |
| Weighted average common shares outstanding (in shares) | 33,929,000 | 33,932,000 | - | - |