FFIC · As filed with the SEC
Flushing Financial balance sheet, 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 Financial Condition · USD
| USD | FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 | FY2020 Dec 31, 2020 | FY2019 Dec 31, 2019 | FY2018 Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash and due from banks (restricted cash of $16,615 and $43,165, respectively) | 126,076,000 | 152,574,000 | 172,157,000 | 151,754,000 | 81,723,000 | 157,388,000 | 49,787,000 | 118,561,000 |
| Securities held-to-maturity: | ||||||||
| Held to maturity securities | — | — | — | 73,711,000 | 57,868,000 | 58,739,000 | 58,888,000 | 32,018,000 |
| Collateralized Mortgage Backed Securities | — | — | — | 7,875,000 | 7,894,000 | 7,914,000 | 7,934,000 | 7,953,000 |
| Other Debt Obligations | — | — | — | 65,836,000 | 49,974,000 | 49,918,000 | 50,954,000 | 24,065,000 |
| Securities held-to-maturity, net of allowance of $348 and $353, respectively (assets pledged of $4,695 and $4,494, respectively; fair value of $46,232 and $44,718, respectively) | 50,180,000 | 51,485,000 | 72,923,000 | — | — | — | — | — |
| Securities available for sale, at fair value: | ||||||||
| Securities available for sale | — | — | — | 735,357,000 | 777,236,000 | 647,974,000 | 772,500,000 | 822,655,000 |
| Other Debt Obligations | — | — | — | 351,074,000 | 205,052,000 | 243,514,000 | 248,651,000 | 264,702,000 |
| Collateralized Mortgage Backed Securities | — | — | — | 384,283,000 | 572,184,000 | 404,460,000 | 523,849,000 | 557,953,000 |
| Loans, net of fees and costs | — | — | — | 6,934,769,000 | 6,638,105,000 | 6,704,674,000 | 5,772,206,000 | 5,551,484,000 |
| Construction Portfolio Segment | — | — | — | 70,824,000 | — | — | — | — |
| Less: Allowance for credit losses | — | — | — | (40,442,000) | (37,135,000) | (45,153,000) | (21,751,000) | (20,945,000) |
| Net loans | — | — | — | 6,894,327,000 | 6,600,970,000 | 6,659,521,000 | 5,750,455,000 | 5,530,539,000 |
| Securities available for sale, at fair value (amortized cost of $1,387,619 and $1,506,798, respectively; net of an allowance of $2,921 and $2,627, respectively; assets pledged of $115,974 and $49,914, respectively; $14,412 and $13,591 at fair value pursuant to the fair value option, respectively) | 1,389,924,000 | 1,497,905,000 | 874,753,000 | — | — | — | — | — |
| Loans held for sale, at fair value | 0 | 70,098,000 | — | — | — | — | — | — |
| Loans: | ||||||||
| Loans held for investment, net of fees and costs | 6,653,952,000 | 6,745,848,000 | 6,906,950,000 | — | — | — | — | — |
| Less: Allowance for credit losses | (42,802,000) | (40,152,000) | (40,161,000) | — | — | — | — | — |
| Net loans held of investment | 6,611,150,000 | 6,705,696,000 | 6,866,789,000 | — | — | — | — | — |
| Interest and dividends receivable | 59,436,000 | 62,036,000 | 59,018,000 | 45,048,000 | 38,698,000 | 44,041,000 | 25,722,000 | 25,485,000 |
| Bank premises and equipment, net | 17,734,000 | 17,852,000 | 21,273,000 | 21,750,000 | 23,338,000 | 28,179,000 | 28,676,000 | 30,418,000 |
| Federal Home Loan Bank of New York stock, at cost | 18,937,000 | 38,096,000 | 31,066,000 | 45,842,000 | 35,937,000 | 43,439,000 | 56,921,000 | 57,282,000 |
| Bank owned life insurance | 226,939,000 | 218,174,000 | 213,518,000 | 213,131,000 | 210,754,000 | 181,710,000 | 157,713,000 | 131,788,000 |
| Goodwill | — | 17,636,000 | 17,636,000 | 17,636,000 | 17,636,000 | 17,636,000 | 16,127,000 | 16,127,000 |
| Other real estate owned, net | — | — | — | — | — | 0 | 239,000 | — |
| Core deposit intangibles | 773,000 | 1,123,000 | 1,537,000 | 2,017,000 | 2,562,000 | 3,172,000 | — | — |
| Right-of-use assets | 53,118,000 | 45,800,000 | 39,557,000 | 43,289,000 | 50,200,000 | 50,743,000 | 41,254,000 | — |
| Other assets | 139,035,000 | 160,497,000 | 167,009,000 | 179,084,000 | 148,989,000 | 84,759,000 | 59,494,000 | 69,303,000 |
| Total assets | 8,693,302,000 | 9,038,972,000 | 8,537,236,000 | 8,422,946,000 | 8,045,911,000 | 7,976,394,000 | 7,017,776,000 | 6,834,176,000 |
| Liabilities | ||||||||
| Non-interest bearing | 969,287,000 | 836,545,000 | 847,416,000 | 921,238,000 | 967,621,000 | 778,672,000 | 435,072,000 | 413,747,000 |
| Interest-bearing | 6,282,865,000 | 6,289,306,000 | 5,917,463,000 | 5,515,945,000 | 5,365,911,000 | 5,312,061,000 | 4,586,977,000 | 4,502,176,000 |
| Total Due to depositors | 7,252,152,000 | 7,125,851,000 | 6,764,879,000 | 6,437,183,000 | 6,333,532,000 | 6,090,733,000 | 5,022,049,000 | — |
| Mortgagors' escrow deposits | 59,590,000 | 53,082,000 | 50,382,000 | 48,159,000 | 51,913,000 | 45,622,000 | 44,375,000 | 44,861,000 |
| Borrowed funds: | ||||||||
| Federal Home Loan Bank advances | — | — | — | — | — | 887,579,000 | 1,118,528,000 | 1,134,993,000 |
| Federal Home Loan Bank advances and other borrowings | 243,933,000 | 678,933,000 | 605,801,000 | 815,501,000 | 636,187,000 | — | — | — |
| Subordinated debentures | 189,054,000 | 188,326,000 | 187,630,000 | 186,965,000 | 122,885,000 | 90,180,000 | 74,319,000 | 74,001,000 |
| Junior subordinated debentures, at fair value | 51,666,000 | 48,795,000 | 47,850,000 | 50,507,000 | 56,472,000 | 43,136,000 | 44,384,000 | 41,849,000 |
| Total borrowed funds | 484,653,000 | 916,054,000 | 841,281,000 | 1,052,973,000 | 815,544,000 | 1,020,895,000 | 1,237,231,000 | 1,250,843,000 |
| Operating lease liability | 53,842,000 | 46,443,000 | 40,822,000 | 46,125,000 | 54,155,000 | 59,100,000 | 49,367,000 | — |
| Other Liabilities | 135,090,000 | 173,003,000 | 170,035,000 | 161,349,000 | 111,139,000 | 141,047,000 | 85,082,000 | 73,085,000 |
| Total liabilities | 7,985,327,000 | 8,314,433,000 | 7,867,399,000 | 7,745,789,000 | 7,366,283,000 | 7,357,397,000 | 6,438,104,000 | 6,284,712,000 |
| Stockholders' Equity | ||||||||
| Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common stock ($0.01 par value; 100,000,000 shares authorized; 38,677,787 shares issued; 33,778,438 and 33,659,067 shares outstanding, respectively) | 387,000 | 387,000 | 341,000 | 341,000 | 341,000 | 341,000 | 315,000 | 315,000 |
| Additional paid-in capital | 326,613,000 | 326,671,000 | 264,534,000 | 264,332,000 | 263,375,000 | 261,533,000 | 226,691,000 | 222,720,000 |
| Treasury stock, at average cost (4,899,349 and 5,018,720 shares, respectively) | (98,948,000) | (101,655,000) | (106,070,000) | (98,535,000) | (75,293,000) | (69,400,000) | (71,487,000) | (75,146,000) |
| Retained earnings | 480,376,000 | 492,003,000 | 549,683,000 | 547,507,000 | 497,889,000 | 442,789,000 | 433,960,000 | 414,327,000 |
| Accumulated other comprehensive income, net of taxes | (453,000) | 7,133,000 | (38,651,000) | (36,488,000) | (6,684,000) | (16,266,000) | (9,807,000) | (12,752,000) |
| Total stockholders' equity | 707,975,000 | 724,539,000 | 669,837,000 | 677,157,000 | 679,628,000 | 618,997,000 | 579,672,000 | 549,464,000 |
| Total liabilities and stockholders' equity | 8,693,302,000 | 9,038,972,000 | 8,537,236,000 | 8,422,946,000 | 8,045,911,000 | 7,976,394,000 | 7,017,776,000 | 6,834,176,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.