FFIC · As filed with the SEC
Flushing Financial income statement, by fiscal year
The statement as Flushing Financial presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD, except per-share amounts
| USD, except per-share amounts | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 |
|---|---|---|---|
| Interest and dividend income | |||
| Interest and fees on loans | 377,431,000 | 375,578,000 | 355,348,000 |
| Interest and dividends on securities: | |||
| Interest | 80,856,000 | 79,076,000 | 37,598,000 |
| Dividends | 111,000 | 130,000 | 126,000 |
| Other interest income | 7,831,000 | 10,578,000 | 8,405,000 |
| Total interest and dividend income | 466,229,000 | 465,362,000 | 401,477,000 |
| Interest expense | |||
| Deposits | 228,527,000 | 244,636,000 | 188,655,000 |
| Other interest expense | 22,170,000 | 38,715,000 | 33,670,000 |
| Total interest expense | 250,697,000 | 283,351,000 | 222,325,000 |
| Net interest income | 215,532,000 | 182,011,000 | 179,152,000 |
| Provision (benefit) for credit losses | 12,788,000 | 9,568,000 | 10,518,000 |
| Net interest income after provision (benefit) for credit losses | 202,744,000 | 172,443,000 | 168,634,000 |
| Non-interest income (loss) | |||
| Banking services fee income | 7,455,000 | 6,947,000 | 8,651,000 |
| Net gain (loss) on sale of loans | 3,719,000 | (3,563,000) | 108,000 |
| Net gain (loss) on sale of securities | 708,000 | (72,315,000) | 0 |
| Net gain (loss) from fair value adjustments | (2,312,000) | (939,000) | 2,573,000 |
| Federal Home Loan Bank of New York stock dividends | 1,863,000 | 2,790,000 | 2,513,000 |
| Gain from life insurance proceeds | 0 | 285,000 | 1,281,000 |
| Bank owned life insurance | 8,765,000 | 6,005,000 | 4,573,000 |
| Other income | 3,202,000 | 3,345,000 | 2,889,000 |
| Total non-interest income (loss) | 23,400,000 | (57,445,000) | 22,588,000 |
| Non-interest expense | |||
| Salaries and employee benefits | 96,448,000 | 91,398,000 | 85,957,000 |
| Occupancy and equipment | 16,526,000 | 15,117,000 | 14,396,000 |
| Professional services | 17,166,000 | 10,846,000 | 9,569,000 |
| FDIC deposit insurance | 5,628,000 | 6,297,000 | 3,994,000 |
| Data processing | 7,349,000 | 6,890,000 | 5,976,000 |
| Depreciation and amortization of bank premises and equipment | 5,339,000 | 5,730,000 | 5,965,000 |
| Other real estate owned / foreclosure expense | 1,139,000 | 681,000 | 605,000 |
| Net (gain) loss on sales of real estate owned | 0 | (174,000) | 0 |
| Prepayment penalty on borrowings | — | 2,572,000 | — |
| Impairment of goodwill | 17,636,000 | 0 | 0 |
| Other operating expenses | 24,394,000 | 23,908,000 | 24,927,000 |
| Total non-interest expense | 191,625,000 | 163,265,000 | 151,389,000 |
| Income (loss) before income taxes | 34,519,000 | (48,267,000) | 39,833,000 |
| Provision (benefit) for income taxes | 15,639,000 | (16,934,000) | 11,169,000 |
| Net income (loss) | 18,880,000 | (31,333,000) | 28,664,000 |
| Basic earnings (loss) per common share (in dollars per share) | 0.54 | (1.07) | 0.96 |
| Diluted earnings (loss) per common share (in dollars per share) | 0.54 | (1.07) | 0.96 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.