For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Loans and leases | 754 | 791 | 819 | 840 |
| Securities and money market investments | 230 | 267 | 282 | 303 |
| Total interest income | 984 | 1,058 | 1,101 | 1,143 |
| Interest-bearing checking and money market accounts | 114 | 132 | 151 | 162 |
| Savings accounts | 101 | 108 | 113 | 110 |
| Certificates of deposit | 203 | 228 | 255 | 287 |
| Borrowed funds | 123 | 123 | 157 | 165 |
| Total interest expense | 541 | 591 | 676 | 724 |
| Net interest income | 443 | 467 | 425 | 419 |
| Provision for credit losses | 0 | 3 | 38 | 64 |
| Net interest income after provision for credit losses | 443 | 464 | 387 | 355 |
| Fee income | 23 | 22 | 23 | 22 |
| Bank-owned life insurance | 10 | 17 | 12 | 10 |
| Net (gain) loss on investment securities | -9 | 9* | 22 | - |
| Net return on mortgage servicing rights | - | 0 | 0 | 0 |
| Net gain on loan sales and securitizations | 5 | 8 | 5 | 6 |
| Net gain on mortgage/servicing sale | - | 0* | - | - |
| Net loan administration income | 0 | 1 | 0 | 1 |
| Bargain purchase gain | - | 0 | 0 | 0 |
| Other | 26 | 33 | 32 | 38 |
| Total non-interest income | 55 | 90 | 94 | 77 |
| Compensation and benefits | 228 | 253 | 242 | 237 |
| Occupancy and equipment | 50 | 47 | 47 | 53 |
| Software expense | 47 | 238* | - | - |
| Fdic insurance | 30 | 33 | 37 | 49 |
| Professional services | 22 | 22* | - | - |
| General and administrative | 64 | -126 | 153 | 133 |
| Total operating expense | 441 | 466 | 479 | 472 |
| Intangible asset amortization | 25 | 26 | 26 | 27 |
| Merger-related expense | 0 | 17 | 17 | 14 |
| Goodwill impairment | - | 0 | - | - |
| Total non-interest expense | 466 | 509 | 522 | 513 |
| Income (gain) before income taxes | 32 | 45 | -41 | -81 |
| Income tax expense (benefit) | 11 | 16 | -5 | -11 |
| Net income (gain) | 21 | 29 | -36 | -70 |
| Preferred stock dividends | 8 | 8 | 9 | 8 |
| Net income (gain) attributable to common stockholders | 13 | 21 | -45 | -78 |
| Basic EPS | 0.03 | 0.051 | -0.11 | -0.19 |
| Diluted EPS | 0.03 | 0.051 | -0.11 | -0.19 |
| Basic Average Shares | 416,149,153 | 415,797,458 | 415,563,380 | 415,125,228 |
| Diluted Average Shares | 466,550,891 | 415,797,458 | 415,563,380 | 415,125,228 |
FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG-PU)
FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG-PU)