Flushing Financial Corp (NASDAQ: FFIC) is a bank holding company that operates Flushing Bank, a New York-chartered commercial bank providing deposit, lending, and related financial services. The company earns revenue primarily through net interest income on its loan and investment portfolios, funded by customer deposits and wholesale borrowings including brokered certificates of deposit. Loan products include multi-family mortgage loans, commercial real estate loans, one-to-four family residential mortgages, mixed-use property loans, construction loans, Small Business Administration loans, and commercial business loans, as reflected in the FY2025 loan maturity schedule filed March 6, 2026. Brokered deposits represented $1,131.1 million, or 15.5% of total deposits, as of December 31, 2025, down from $1,319.0 million, or 18.4% of total deposits, as of December 31, 2024. Subsidiaries include FSB Properties Inc., which holds foreclosed real estate, and Flushing Service Corporation, formed in 1998 to market insurance products and mutual funds.

Revenue model

Net interest income from a loan portfolio concentrated in multi-family, commercial real estate, and mixed-use mortgage loans, funded by retail deposits, brokered certificates of deposit, and wholesale borrowings. Non-interest income includes gains on loan sales and income from bank-owned life insurance.

Products and services

Multi-family mortgage loans, commercial real estate loans, one-to-four family residential mortgage loans, mixed-use property loans, construction loans, Small Business Administration loans, commercial business loans, retail deposit accounts, brokered certificates of deposit, electronic banking services, insurance products, and mutual funds (through Flushing Service Corporation).

Customers and end markets

Retail and commercial deposit customers, real estate investors and property owners, small and mid-sized businesses, and residential mortgage borrowers in the New York market.

Value-chain role

Community bank and deposit-taking institution that originates and holds loans on balance sheet, funds them through deposits and wholesale borrowings, and manages interest rate risk through instruments including interest rate swaps. FSB Properties Inc. holds title to real estate obtained via foreclosure.

Geographic exposure

New York-focused community bank. Principal offices and operations based in New York State as reported in the 10-K filed March 6, 2026.

Source: SEC 10-K, filed 2026-03-06

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