Flushing Financial Corporation FFIC Balance Sheet

Flushing financial corporation (FFIC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and due from banks
157	49	86	56	58	118	45	42	91	51	60	48	51	35	47	50	51	42	34	36	21	34	30	36	43	33	40	42	46	40	36	41	35	55	50	31	47
Securities held-to-maturity:
Held to maturity securities
58	58	60	60	30	32	31	31	31	30	30	32	36	37	33	28	7	6	6	7	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities available for sale, at fair value:
Securities available for sale
715	772	825	808	846	822	761	728	729	738	796	837	-	861	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans:
Loans held for sale
-	-	-	-	-	-	-	-	-	-	-	30	-	-	-	-	-	-	-	0	-	-	1	-	-	0	5	0	9	5	8	0	-	-	-	4	-
Mortgage-backed securities (including assets pledged of $91,929 and $145,860 at March 31, 2017 and December 31, 2016, respectively; $1,898 and $2,016 at fair value pursuant to the fair value option at March 31, 2017 and December 31, 2016, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	537	-	545	580	668	668	690	729	717	704	696	770	774	756	785	782	764	720	728	738	733	747	784	798	754
Other securities (including assets pledged of $136,143 and $82,064 at March 31, 2017 and December 31, 2016, respectively; $28,526 and $28,429 at fair value pursuant to the fair value option at March 31, 2017 and December 31, 2016, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	346	-	365	368	372	324	318	307	289	268	288	288	279	261	273	258	235	229	232	221	163	65	47	54	50
Loans, net of fees and costs
-	-	-	-	-	5,551	-	-	-	5,176	-	-	-	4,835	-	-	-	4,387	-	-	-	3,810	3,634	3,521	3,488	3,434	3,384	3,276	3,188	3,234	3,182	3,221	-	3,228	-	-	3,276
Net unamortized premiums and unearned loan fees
15	15	15	15	15	-	15	15	16	-	16	17	16	-	16	16	15	-	14	13	13	-	10	10	11	-	11	12	12	-	13	13	14	-	15	15	-
Allowance for loan losses
28	21	22	21	21	20	20	20	20	20	25	22	22	22	21	22	21	21	22	23	24	25	28	29	30	31	30	32	31	31	30	30	30	30	29	29	27
Net loans
5,903	5,750	5,743	5,616	5,567	5,530	5,359	5,313	5,292	5,156	5,045	5,023	4,952	4,813	4,719	4,674	4,436	4,366	4,177	4,008	3,973	3,785	3,617	3,503	3,469	3,402	3,365	3,255	3,170	3,203	3,155	3,204	3,198	3,198	3,199	3,201	3,248
Interest and dividends receivable
25	25	26	26	27	25	24	24	22	21	21	21	20	20	19	20	19	18	18	17	17	17	17	17	17	17	17	17	17	17	18	18	18	17	18	18	19
Bank premises and equipment, net
27	28	28	28	29	30	29	30	31	30	28	26	26	26	26	24	25	25	25	24	30	21	19	19	19	20	20	21	22	22	22	23	24	24	23	22	23
Federal Home Loan Bank of New York stock, at cost
74	56	65	63	51	57	54	57	54	60	55	66	57	59	65	67	53	56	53	49	50	46	45	51	44	46	46	47	38	42	35	36	32	30	30	34	31
Bank owned life insurance
158	157	158	157	131	131	131	131	130	131	131	130	129	132	115	115	114	115	114	114	113	112	111	111	110	109	108	107	107	106	85	84	84	83	78	77	76
Goodwill
16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16	16
Other real estate owned, net
0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right of Use Asset
39	41	42	42	44	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Core deposit intangible, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	1	1	1
Other assets
68	59	57	68	64	69	85	91	83	61	76	51	57	55	44	41	47	63	46	47	40	69	47	38	45	57	53	49	48	47	39	48	51	48	53	61	56
Total assets
7,245	7,017	7,110	6,945	6,867	6,834	6,539	6,467	6,482	6,299	6,261	6,285	6,231	6,058	5,999	5,986	5,813	5,704	5,502	5,359	5,270	5,077	4,891	4,853	4,819	4,721	4,732	4,599	4,476	4,451	4,380	4,435	4,357	4,287	4,303	4,323	4,324
Liabilities
Non-interest bearing
489	435	421	413	401	413	398	388	377	385	362	349	344	333	320	317	280	269	257	257	250	255	213	213	200	197	180	173	160	155	148	139	131	118	111	109	96
Certificate of deposit accounts
-	-	-	-	-	-	-	-	-	-	1,404	1,332	1,411	-	1,384	1,411	1,362	-	1,386	1,375	1,292	-	1,299	1,159	1,150	-	1,242	1,165	1,200	-	1,482	1,500	1,461	-	1,549	1,594	-
Savings accounts
-	-	-	-	-	-	-	-	-	-	323	325	254	-	258	260	268	-	261	264	269	-	251	254	260	-	277	272	281	-	297	322	331	-	363	372	-
Money market accounts
-	-	-	-	-	-	-	-	-	-	991	837	851	-	733	452	485	-	438	399	301	-	300	272	194	-	191	197	139	-	158	166	193	-	230	251	-
NOW accounts
-	-	-	-	-	-	-	-	-	-	1,308	1,368	1,487	-	1,296	1,453	1,610	-	1,338	1,357	1,438	-	1,257	1,297	1,495	-	1,306	1,221	1,278	-	986	971	1,011	-	862	760	-
Borrowed funds ($29,541 and $29,570 at fair value pursuant to the fair value option at March 31, 2014 and December 31, 2013, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	827	-	852	883	683	763	599	641	543	499	513	597	542
Securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	60	116	116	116	116	116	116	116	146	155	155	165	175	185	185	185	185	185	185	185	165	166
Total interest-bearing deposits
-	-	-	-	-	-	-	-	-	-	-	3,864	4,004	-	-	-	-	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest-bearing
4,339	4,586	4,490	4,411	4,609	4,502	4,259	4,170	4,257	3,955	4,028	-	-	3,832	3,672	3,578	3,726	3,586	3,425	3,396	3,302	3,217	3,108	2,984	3,100	3,002	3,017	2,855	2,899	2,826	2,925	2,961	2,997	2,997	3,005	2,979	3,067
Total Deposits
4,828	5,022	4,912	4,825	5,010	4,915	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgagors' escrow deposits
73	44	61	52	70	44	58	50	65	42	53	41	61	40	49	45	56	36	44	43	53	35	41	40	48	32	41	40	46	32	35	35	41	29	33	32	27
Borrowed funds:
Federal Home Loan Bank advances
1,498	1,118	1,304	1,254	999	1,134	1,083	1,137	1,064	1,198	1,090	1,317	1,119	1,159	-	-	-	1,106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated debentures
74	74	74	74	74	74	73	73	73	73	73	73	73	73	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Junior subordinated debentures, at fair value
45	44	43	43	42	41	40	39	38	36	36	35	34	33	-	-	-	29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total borrowed funds
1,617	1,237	1,422	1,371	1,116	1,250	1,197	1,250	1,177	1,309	1,200	1,425	1,227	1,266	1,320	1,384	1,074	1,271	1,120	999	1,019	940	915	966	-	856	-	-	-	-	-	-	-	-	-	-	-
Operating lease liability
47	49	50	50	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
128	85	95	79	58	73	84	69	68	73	76	70	67	72	84	91	70	67	66	84	63	55	44	42	38	44	47	46	57	45	44	41	35	39	35	33	35
Total liabilities
6,695	6,438	6,542	6,380	6,307	6,284	5,997	5,929	5,947	5,766	5,721	5,751	5,706	5,544	5,486	5,477	5,325	5,231	5,030	4,897	4,804	4,620	4,439	4,393	4,372	4,288	4,305	4,176	4,032	4,009	3,939	4,004	3,935	3,871	3,884	3,918	3,934
Commitments and contingencies (Note 16)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	0	0	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	0
Stockholders' Equity
Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued)
-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock ($0.01 par value; 100,000,000 shares authorized; 31,530,595 shares issued at March 31, 2020 and December 31, 2019; 28,213,602 shares and 28,157,206 shares outstanding at March 31, 2020 and December 31, 2019, respectively)
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
225	226	225	224	222	222	221	220	219	217	216	216	215	214	213	212	211	210	209	209	208	206	205	205	204	201	200	200	200	198	198	197	197	195	195	194	189
Treasury stock, at average cost (3,316,993 shares and 3,373,389 shares at March 31, 2020 and December 31, 2019, respectively)
69	71	71	70	70	75	74	66	60	57	51	51	51	53	53	53	46	48	48	46	37	37	32	22	20	22	21	20	9	10	7	7	7	7	4	0	-
Retained earnings
425	433	427	422	417	414	407	395	387	381	380	375	367	361	351	346	320	316	309	303	293	289	283	276	269	263	255	250	244	241	236	231	226	223	219	213	204
Accumulated other comprehensive loss, net of taxes
-32	-9	-12	-10	-10	-12	-13	-12	-11	-8	-6	-6	-7	-8	0	3	1	-5	0	-3	1	-2	-4	0	-5	-11	-8	-7	8	12	13	8	6	4	8	-2	-3
Total stockholders' equity
549	579	568	565	559	549	541	538	535	532	539	534	525	513	512	508	487	473	471	462	465	456	452	460	447	432	427	422	443	442	441	430	422	416	418	405	390
Total liabilities and stockholders' equity
7,245	7,017	7,110	6,945	6,867	6,834	6,539	6,467	6,482	6,299	6,261	6,285	6,231	6,058	5,999	5,986	5,813	5,704	5,502	5,359	5,270	5,077	4,891	4,853	4,819	4,721	4,732	4,599	4,476	4,451	4,380	4,435	4,357	4,287	4,303	4,323	4,324
Collateralized Mortgage Backed Securities [Member]
Held to maturity securities
7	7	7	7	7	7	7	7	7	7	7	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities available for sale
489	523	579	554	579	557	528	513	512	509	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities available for sale
-	-	-	-	-	-	-	-	-	-	519	520	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Debt Obligations [Member]
Held to maturity securities
50	50	52	52	22	24	23	23	23	22	22	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Held to maturity securites, net of allowance for credit losses
50	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities available for sale
225	248	246	254	266	264	232	214	216	228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities available for sale
-	-	-	-	-	-	-	-	-	-	276	317	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Multi-Family Residential [Member]
Loans and Leases Receivable, before Fees, Gross
2,272	2,238	2,232	2,263	2,256	-	2,235	2,247	2,286	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Receivable
-	-	-	-	-	-	-	-	-	-	2,236	2,243	2,261	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Real Estate Loans [Member]
Loans and Leases Receivable, before Fees, Gross
1,664	1,582	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Receivable
-	-	-	-	-	-	-	-	-	-	1,352	1,349	1,268	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
One-To-Four Family - Mixed Used Property [Member]
Loans and Leases Receivable, before Fees, Gross
592	592	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Receivable
-	-	-	-	-	-	-	-	-	-	556	556	561	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
One-To-Four Family - Residential [Member]
Loans and Leases Receivable, before Fees, Gross
189	188	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Receivable
-	-	-	-	-	-	-	-	-	-	177	181	184	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Co-Operative Apartments [Member]
Loans and Leases Receivable, before Fees, Gross
8	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Receivable
-	-	-	-	-	-	-	-	-	-	7	7	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Real Estate Portfolio Segment [Member]
Loans receivable
-	-	1,559	1,524	1,529	-	1,460	1,471	1,426	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
One-To-Four Family - Mixed-Use Property Portfolio Segment [Member]
Loans receivable
-	-	587	582	582	-	565	564	566	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
One-To-Four Family - Residential Portfolio Segment [Member]
Loans receivable
-	-	184	184	188	-	188	187	190	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Co-Operative Apartments Portfolio Segment [Member]
Loans receivable
-	-	9	8	7	-	7	7	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction Portfolio Segment [Member]
Loans and Leases Receivable, before Fees, Gross
66	67	64	58	54	-	40	33	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Small Business Administration [Member]
Loans and Leases Receivable, before Fees, Gross
14	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Receivable
-	-	-	-	-	-	-	-	-	-	14	10	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxi Medallion [Member]
Loans and Leases Receivable, before Fees, Gross
3	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Receivable
-	-	-	-	-	-	-	-	-	-	18	18	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Business and Other [Member]
Loans and Leases Receivable, before Fees, Gross
1,104	1,061	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Receivable
-	-	-	-	-	-	-	-	-	-	674	644	632	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Small Business Administration Portfolio Segment [Member]
Loans receivable
-	-	13	14	15	-	14	14	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxi Medallion Portfolio Segment [Member]
Loans receivable
-	-	3	3	3	-	6	6	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Business and Other Portfolio Segment [Member]
Loans receivable
-	-	1,096	983	935	-	846	783	768	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction [Member]
Loan Receivable
-	-	-	-	-	-	-	-	-	-	15	16	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-