Flushing Financial Corporation (FFIC)

Flushing Financial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	377.93	375.58	355.35	293.29	274.33	248.15
Interest Income on Investments	98.64	89.78	46.13	23.34	14.23	16.17
Total Interest Income	476.57	465.36	401.48	316.63	288.56	264.33
Interest Paid on Deposits	242.09	244.64	188.66	47.29	20.32	42.31
Interest Paid on Borrowings	31.45	38.72	33.67	25.73	20.27	26.82
Total Interest Expense	273.54	283.35	222.33	73.01	40.59	69.13
Net Interest Income	203.04	182.01	179.15	243.62	247.97	195.2
Net Interest Income Growth (YoY)	15.57%	1.60%	-26.46%	-1.75%	27.03%	20.54%
Gain (Loss) on Sale of Assets	0.17	0.17	-	0.1	0.62	-
Gain (Loss) on Sale of Investments	-72.06	-72.39	0.09	-12.61	0.14	-0.47
Other Non-Interest Income	22.98	18.51	22.39	22.4	2.59	11.46
Total Non-Interest Income	-49.22	-57.27	22.59	10.01	3.69	11.04
Non-Interest Income Growth (YoY)	-	-	125.68%	171.47%	-66.61%	16.60%
Revenues Before Loan Losses	153.82	124.74	201.74	253.63	251.66	206.24
Provision for Loan Losses	16.68	9.57	10.52	5.08	-4.94	23.13
Revenue	137.14	115.17	191.22	248.54	256.6	183.11
Revenue Growth (YoY)	-28.09%	-39.77%	-23.06%	-3.14%	40.13%	8.61%
Salaries and Employee Benefits	90.81	89.2	80.66	78.17	80.41	68.23
Occupancy Expenses	10.75	10.5	10.5	11.03	10.75	9.49
Federal Deposit Insurance	6.54	6.3	3.99	2.26	2.95	2.68
Selling, General & Administrative	31.56	30.35	30.8	30.6	32.14	32.81
Other Non-Interest Expense	23.7	23.84	24.84	21.34	20.75	16.64
Total Non-Interest Expense	166.9	163.44	151.39	143.69	147.32	130.1
EBT Excluding Unusual Items	-29.76	-48.27	39.83	104.85	109.28	53.02
Other Unusual Items	-	-	-	-	-	-7.83
Pretax Income	-47.4	-48.27	39.83	104.85	109.28	45.18
Income Tax Expense	-11.46	-16.93	11.17	27.91	27.49	10.51
Net Income	-35.93	-31.33	28.66	76.95	81.79	34.67
Net Income to Common	-35.93	-31.33	28.66	76.95	81.79	34.67
Net Income Growth	-	-	-62.75%	-5.93%	135.89%	-16.00%
Basic Shares Outstanding	32	30	30	31	32	29
Diluted Shares Outstanding	32	30	30	31	32	29
Shares Change (YoY)	8.73%	0.08%	-2.91%	-2.30%	7.68%	2.06%
EPS (Basic)	-1.11	-1.05	0.96	2.50	2.59	1.18
EPS (Diluted)	-1.12	-1.05	0.96	2.50	2.59	1.18
EPS Growth	-	-	-61.63%	-3.62%	119.49%	-17.93%
Dividend Per Share	0.880	0.880	0.880	0.880	0.840	0.840
Dividend Growth	-	-	-	4.76%	-	-
Effective Tax Rate	-	-	28.04%	26.62%	25.15%	23.26%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q