Flushing Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	377.43	375.58	355.35	293.29	274.33
Interest Income on Investments	88.8	89.78	46.13	23.34	14.23
Total Interest Income	466.23	465.36	401.48	316.63	288.56
Interest Paid on Deposits	228.53	244.64	188.66	47.29	20.32
Interest Paid on Borrowings	22.17	38.72	33.67	25.73	20.27
Total Interest Expense	250.7	283.35	222.33	73.01	40.59
Net Interest Income	215.53	182.01	179.15	243.62	247.97
Net Interest Income Growth (YoY)	18.42%	1.60%	-26.46%	-1.75%	27.03%
Gain (Loss) on Sale of Assets	-	-	-	0.1	0.62
Gain (Loss) on Sale of Investments	0.71	-72.39	0.09	-12.61	0.14
Other Non-Interest Income	18.97	18.51	22.39	22.4	2.59
Total Non-Interest Income	23.4	-57.45	22.59	10.01	3.69
Non-Interest Income Growth (YoY)	-	-	125.68%	171.47%	-66.61%
Revenues Before Loan Losses	238.93	124.57	201.74	253.63	251.66
Provision for Loan Losses	12.79	9.57	10.52	5.08	-4.94
Revenue	226.14	115	191.22	248.54	256.6
Revenue Growth (YoY)	96.65%	-39.86%	-23.06%	-3.14%	40.13%
Salaries and Employee Benefits	96.45	89.2	80.66	78.17	80.41
Occupancy Expenses	21.87	10.5	10.5	11.03	10.75
Federal Deposit Insurance	5.63	6.3	3.99	2.26	2.95
Selling, General & Administrative	24.52	30.35	30.8	30.6	32.14
Other Non-Interest Expense	24.39	23.84	24.84	21.34	20.75
Total Non-Interest Expense	173.99	160.69	151.39	143.69	147.32
EBT Excluding Unusual Items	52.16	-45.7	39.83	104.85	109.28
Other Unusual Items	-	-2.57	-	-	-
Pretax Income	34.52	-48.27	39.83	104.85	109.28
Income Tax Expense	15.64	-16.93	11.17	27.91	27.49
Net Income	18.88	-31.33	28.66	76.95	81.79
Preferred Dividends & Other Adjustments	0.5	-	-	-	-
Net Income to Common	18.38	-31.33	28.66	76.95	81.79
Net Income Growth	-	-	-62.75%	-5.93%	135.89%
Basic Shares Outstanding	34	30	30	31	32
Diluted Shares Outstanding	34	30	30	31	32
Shares Change (YoY)	13.31%	0.08%	-2.91%	-2.30%	7.68%
EPS (Basic)	0.54	-1.05	0.96	2.50	2.59
EPS (Diluted)	0.54	-1.05	0.96	2.50	2.59
EPS Growth	-	-	-61.63%	-3.62%	119.49%
Dividend Per Share	0.880	0.880	0.880	0.880	0.840
Dividend Growth	-	-	-	4.76%	-
Effective Tax Rate	45.30%	-	28.04%	26.62%	25.15%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.