# EDGAR Filing Document

**Accession Number:** 0000923139
**File Stem:** 0000923139-25-000041
**Filing Date:** 2025-10
**Character Count:** 83878
**Document Hash:** 4b075525686c2ed3e80c32abc0602fb9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000923139-25-000041.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0000923139-25-000041

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20251029

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FLUSHING FINANCIAL CORP
- **CENTRAL INDEX KEY:** 0000923139
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 113209278
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33013
- **FILM NUMBER:** 251431182

**BUSINESS ADDRESS:**
- **STREET 1:** 220 RXR PLAZA
- **CITY:** UNIONDALE
- **STATE:** NY
- **ZIP:** 11556
- **BUSINESS PHONE:** 718-961-5400

**MAIL ADDRESS:**
- **STREET 1:** 220 RXR PLAZA
- **CITY:** UNIONDALE
- **STATE:** NY
- **ZIP:** 11556

?xml version='1.0' encoding='ASCII'? FLUSHING FINANCIAL CORPORATION_October 29, 2025

------

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

 **of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): October 29, 2025**

**FLUSHING FINANCIAL CORPORATION**

*(Exact name of registrant as specified in its charter)*

**001-33013**

*(Commission File Number)*

**Delaware**

*(State or Other Jurisdiction of Incorporation)*

**11-3209278**

*(I.R.S. Employer Identification No.)*

**220 RXR Plaza, Uniondale, NY 11556**

*(Address of principal executive offices)*

**(718) 961-5400**

*(Registrant's telephone number, including area code)*

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| Title of each class<br>| Name of each exchange on which registered<br>|
| Common Stock, $0.01 par value<br> FFIC | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 2.02. Results of Operations and Financial Condition.**

On October 29, 2025, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

**Item 9.01. Financial Statements and Exhibits.**

[Exhibit 99.1 Press release dated October 29, 2025](ffic-20251029xex99.htm) <br> 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| usa<br>|  |  |
|  | **FLUSHING FINANCIAL CORPORATION** | **FLUSHING FINANCIAL CORPORATION** |
| Date: October 29, 2025 | By:  | /s/ SUSAN K. CULLEN |
|  |  | Susan K. Cullen |
|  |  | Senior Executive Vice President, Treasurer and Chief Financial Officer |

---

## Ex-99

**Exhibit 99.1**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● ● |
| &nbsp;&nbsp;<br>![Graphic](ffic-20251029xex99002.jpg)<br>| &nbsp;&nbsp;**John R. Buran, President and CEO Commentary** |
| &nbsp;&nbsp;**Flushing Financial Corporation 3Q25 Reports** <br>**Double Digit Basis Point Increase in GAAP and Core NIM, and Noninterest Deposit Growth;** <br>**GAAP and Core EPS of $0.30 and $0.35, Respectively** | &nbsp;&nbsp;**Flushing Financial Corporation 3Q25 Reports** <br>**Double Digit Basis Point Increase in GAAP and Core NIM, and Noninterest Deposit Growth;** <br>**GAAP and Core EPS of $0.30 and $0.35, Respectively** |
| &nbsp;&nbsp;"Flushing Financial delivered strong results for the third quarter, with a 10 basis-point sequential expansion in both GAAP and Core net interest margin. These quarterly results marked a turning point for the Company and demonstrate the successful execution of our strategic priorities and the effectiveness of our balance sheet repositioning initiatives. The 5.7% year-over-year growth in average noninterest-bearing deposits, which now represents 12.2% of total deposits, reflects the strength of our customer relationships and provides us with a stable, low-cost funding base. Our tangible common equity ratio of 8.01% for the quarter was a considerable 101 basis-point improvement from a year ago, underscoring our commitment to maintaining robust capital levels. With our strong loan pipeline of $345.6 million and substantial liquidity position of $3.9 billion, we remain confident in our ability to navigate the evolving macroeconomic landscape. We will continue to adhere to our disciplined underwriting standards and proactive risk management practices as we remain focused on driving sustainable growth, increased profitability and creating long-term shareholder value."<br>- **John R. Buran, President and CEO** | &nbsp;&nbsp;"Flushing Financial delivered strong results for the third quarter, with a 10 basis-point sequential expansion in both GAAP and Core net interest margin. These quarterly results marked a turning point for the Company and demonstrate the successful execution of our strategic priorities and the effectiveness of our balance sheet repositioning initiatives. The 5.7% year-over-year growth in average noninterest-bearing deposits, which now represents 12.2% of total deposits, reflects the strength of our customer relationships and provides us with a stable, low-cost funding base. Our tangible common equity ratio of 8.01% for the quarter was a considerable 101 basis-point improvement from a year ago, underscoring our commitment to maintaining robust capital levels. With our strong loan pipeline of $345.6 million and substantial liquidity position of $3.9 billion, we remain confident in our ability to navigate the evolving macroeconomic landscape. We will continue to adhere to our disciplined underwriting standards and proactive risk management practices as we remain focused on driving sustainable growth, increased profitability and creating long-term shareholder value."<br>- **John R. Buran, President and CEO** |
| &nbsp;&nbsp;UNIONDALE, N.Y., October 29, 2025 –**GAAP and Core NIM Expansion and Average Noninterest Deposit Growth.** The Company reported 3Q25 GAAP and Core EPS of $0.30 and $0.35, compared to $0.30 and $0.26, respectively, a year ago. During the quarter, NIM expanded on both a GAAP and Core basis by 10 bps QoQ to 2.64% and 2.62%, respectively, primarily driven by assets repricing and growth of the noninterest bearing deposits. Average loans decreased 2.1% YoY and 1.2 % QoQ, due to maintaining pricing and credit discipline. Maintaining these disciplined standards resulted in the Bank's CRE concentration declining to 475% at September 30, 2025, compared to 521% a year ago and 493% at the prior quarter end. <br>**Credit Metrics and Capital Remain Stable QoQ.** NPAs to assets were 70 bps, compared to 75 bps the prior quarter. Criticized and classified loans totaled 111 bps of gross loans compared to 108 bps in the prior quarter. Net charge-offs to average loans were 7 bps in 3Q25 compared to 15 bps in 2Q25. TCE/TA<sup>1</sup> was 8.01% at September 30, 2025, compared to 8.04% at June 30, 2025. | &nbsp;&nbsp;UNIONDALE, N.Y., October 29, 2025 –**GAAP and Core NIM Expansion and Average Noninterest Deposit Growth.** The Company reported 3Q25 GAAP and Core EPS of $0.30 and $0.35, compared to $0.30 and $0.26, respectively, a year ago. During the quarter, NIM expanded on both a GAAP and Core basis by 10 bps QoQ to 2.64% and 2.62%, respectively, primarily driven by assets repricing and growth of the noninterest bearing deposits. Average loans decreased 2.1% YoY and 1.2 % QoQ, due to maintaining pricing and credit discipline. Maintaining these disciplined standards resulted in the Bank's CRE concentration declining to 475% at September 30, 2025, compared to 521% a year ago and 493% at the prior quarter end. <br>**Credit Metrics and Capital Remain Stable QoQ.** NPAs to assets were 70 bps, compared to 75 bps the prior quarter. Criticized and classified loans totaled 111 bps of gross loans compared to 108 bps in the prior quarter. Net charge-offs to average loans were 7 bps in 3Q25 compared to 15 bps in 2Q25. TCE/TA<sup>1</sup> was 8.01% at September 30, 2025, compared to 8.04% at June 30, 2025. |

---

&nbsp;&nbsp;**Key Financial Metrics**<sup>2</sup><br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **3Q25** | **2Q25** | **1Q25** | **4Q24** | **3Q24** | **9M25** | **9M24** |
| **GAAP:** |  |  |  |  |  |  |  |
| Earnings (Loss) per Share | $0.30  | $0.41  | ($0.29) | ($1.64) | $0.30  | $0.43  | $0.60  |
| ROAA (%) | 0.48 | 0.64 | (0.43) | (2.17) | 0.39 | 0.22 | 0.27 |
| ROAE (%) | 5.86 | 8.00 | (5.36) | (29.24) | 5.30 | 2.76 | 3.57 |
| NIM FTE<sup>3</sup> (%) | 2.64 | 2.54 | 2.51 | 2.39 | 2.10 | 2.56 | 2.07 |
| **Core:** |  |  |  |  |  |  |  |
| EPS | $0.35  | $0.32  | $0.23  | $0.14  | $0.26  | $0.90  | $0.59  |
| ROAA (%) | 0.55 | 0.50 | 0.35 | 0.19 | 0.34 | 0.47 | 0.26 |
| ROAE (%) | 6.71 | 6.29 | 4.34 | 2.54 | 4.59 | 5.77 | 3.48 |
| Core NIM FTE (%) | 2.62 | 2.52 | 2.49 | 2.25 | 2.07 | 2.54 | 2.05 |
| **Credit Quality:** |  |  |  |  |  |  |  |
| NPAs/Assets (%) | 0.70 | 0.75 | 0.71 | 0.57 | 0.59 | 0.70 | 0.59 |
| ACLs/Loans (%) | 0.63 | 0.62 | 0.59 | 0.60 | 0.59 | 0.63 | 0.59 |
| ACLs/NPLs (%) | 93.28 | 83.76 | 86.54 | 120.51 | 117.75 | 93.28 | 117.75 |
| NCOs/Avg Loans (%) | 0.07 | 0.15 | 0.27 | 0.28 | 0.18 | 0.16 | 0.06 |
| **Balance Sheet:** |  |  |  |  |  |  |  |
| Avg Loans ($B) | $6.6  | $6.7  | $6.7  | $6.8  | $6.7  | $6.6  | $6.8  |
| Avg Dep ($B) | $7.3  | $7.6  | $7.6  | $7.4  | $7.5  | $7.5  | $7.2  |
| Book Value/Share | $21.06  | $20.91  | $20.81  | $21.53  | $22.94  | $21.06  | $22.94  |
| Tangible BV/Share | $21.03  | $20.89  | $20.78  | $20.97  | $22.29  | $21.03  | $22.29  |
| TCE/TA (%) | 8.01 | 8.04 | 7.79 | 7.82 | 7.00 | 8.01 | 7.00 |

---

Note: In certain circumstances, reclassifications have been made to prior periods to conform to the current presentation.

<sup>1</sup> Tangible Common Equity ("TCE")/Total Assets ("TA"). <sup>2</sup> See "Reconciliation of GAAP Earnings (Loss) and Core Earnings", "Reconciliation of GAAP Revenue and Pre-Provision Pre-Tax Net Revenue", and "Reconciliation of GAAP Net Interest Income Net Interest Margin to Core Net Interest Income and Net Interest Margin." <sup>3</sup> Net Interest Margin ("NIM") Fully Taxable Equivalent ("FTE").

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54001

------

![Graphic](ffic-20251029xex99002.jpg)

---

| | |
|:---|:---|
| &nbsp;&nbsp;**3Q25 Highlights** | &nbsp;&nbsp;**3Q25 Highlights** |
| &nbsp;&nbsp;&nbsp;● Net interest margin FTE increased 54 bps YoY and 10 bps QoQ to 2.64%; Core net interest margin FTE increased 55 bps YoY and 10 bps QoQ to 2.62%; Prepayment penalty income, net reversals and recovered interest from nonaccrual and delinquent loans, swap termination fees, net gains and losses from fair value adjustments on hedges, and purchase accounting accretion totaled 9 bps in 3Q25 compared to 11 bps in 3Q24 and 6 bps in 2Q25<br>● Average total deposits decreased 1.6% YoY and 3.4% QoQ to $7.3 billion; Average noninterest bearing deposits increased 5.7% YoY and 2.1% QoQ and totaled 12.2% of total average deposits compared to 11.3% in 3Q24 and 11.5% in 2Q25; Average CDs were $2.4 billion, down 15.2% YoY and 1.3% QoQ<br>● Period end net loans decreased 2.2% YoY and 0.6% QoQ to $6.6 billion; Loan closings were $252.8 million, up 16.4 % YoY and 58.8% QoQ; Back-to-back swap loan originations were $37.1 million compared to $38.5 million in 3Q24 and $38.7 million in 2Q25 and generated $0.7 million, $0.6 million, and $0.6 million of noninterest income, respectively; Loan pipeline increased 18.0% YoY and 91.0% QoQ to $345.6 million; Approximately 17.1% of the loan pipeline consists of back-to-back swap loans<br>● NPAs totaled $62.1 million (70 bps of assets) in 3Q25 compared to $54.9 million (59 bps) a year ago and $66.1 million (75 bps) in the prior quarter <br>● Provision for credit losses was $1.5 million in 3Q25 compared to $1.7 million in 3Q24 and $4.2 million in 2Q25; Net charge-offs were $1.1 million in 3Q25 compared to $3.0 million in 3Q24 and $2.5 million in 2Q25; Allowance for loan losses totaled 0.63% in 3Q25 compared to 0.59% in 3Q24. <br>● Tangible Common Equity to Tangible Assets was 8.01% at September 30, 2025, compared to 7.00% at September 30, 2024, and 8.04% at June 30, 2025; Tangible book value per share was $21.03 at September 30, 2025, compared to $22.29 a year ago and $20.89 for the prior quarter | &nbsp;&nbsp;&nbsp;● Net interest margin FTE increased 54 bps YoY and 10 bps QoQ to 2.64%; Core net interest margin FTE increased 55 bps YoY and 10 bps QoQ to 2.62%; Prepayment penalty income, net reversals and recovered interest from nonaccrual and delinquent loans, swap termination fees, net gains and losses from fair value adjustments on hedges, and purchase accounting accretion totaled 9 bps in 3Q25 compared to 11 bps in 3Q24 and 6 bps in 2Q25<br>● Average total deposits decreased 1.6% YoY and 3.4% QoQ to $7.3 billion; Average noninterest bearing deposits increased 5.7% YoY and 2.1% QoQ and totaled 12.2% of total average deposits compared to 11.3% in 3Q24 and 11.5% in 2Q25; Average CDs were $2.4 billion, down 15.2% YoY and 1.3% QoQ<br>● Period end net loans decreased 2.2% YoY and 0.6% QoQ to $6.6 billion; Loan closings were $252.8 million, up 16.4 % YoY and 58.8% QoQ; Back-to-back swap loan originations were $37.1 million compared to $38.5 million in 3Q24 and $38.7 million in 2Q25 and generated $0.7 million, $0.6 million, and $0.6 million of noninterest income, respectively; Loan pipeline increased 18.0% YoY and 91.0% QoQ to $345.6 million; Approximately 17.1% of the loan pipeline consists of back-to-back swap loans<br>● NPAs totaled $62.1 million (70 bps of assets) in 3Q25 compared to $54.9 million (59 bps) a year ago and $66.1 million (75 bps) in the prior quarter <br>● Provision for credit losses was $1.5 million in 3Q25 compared to $1.7 million in 3Q24 and $4.2 million in 2Q25; Net charge-offs were $1.1 million in 3Q25 compared to $3.0 million in 3Q24 and $2.5 million in 2Q25; Allowance for loan losses totaled 0.63% in 3Q25 compared to 0.59% in 3Q24. <br>● Tangible Common Equity to Tangible Assets was 8.01% at September 30, 2025, compared to 7.00% at September 30, 2024, and 8.04% at June 30, 2025; Tangible book value per share was $21.03 at September 30, 2025, compared to $22.29 a year ago and $20.89 for the prior quarter |
| &nbsp;&nbsp;**Areas of Focus** | &nbsp;&nbsp;**Areas of Focus** |
| &nbsp;&nbsp;**Improve Profitability** | &nbsp;&nbsp;<br>● GAAP and Core NIM expanded 10 bps each QoQ to 2.64% and 2.62%, respectively <br>● GAAP ROAA and ROAE decreased 16 bps and 214 bps, respectively, QoQ; Core ROAA and ROAE improved 5 bps and 42 bps, respectively, QoQ<br>● Tangible book value per share increased 0.7% QoQ to $21.03 at September 30, 2025<br>|
| &nbsp;&nbsp;**Maintain Credit Discipline** | &nbsp;&nbsp;<br>● Approximately 91% of the loan portfolio is collateralized by real estate with an average loan to value of less than 35%<sup>1</sup><br>● Weighted average debt service coverage ratio is approximately 1.7x for multifamily and investor commercial real estate loans <br>● Criticized and classified loans are 111 bps of gross loans compared to 100 bps a year ago and 108 bps for the prior quarter<br>● Manhattan office buildings exposure is minimal at approximately 0.48% of gross loans <br>|
| &nbsp;&nbsp;**Preserve Strong**<br>**Liquidity and Capital** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>● Maintaining ample liquidity with $3.9 billion of undrawn lines and resources as of September 30, 2025 <br>● Average NIB deposits increased 5.7% YOY and 2.1% QoQ and accounted for 12.2% of average total deposits compared to 11.3% 3Q24<br>● Uninsured and uncollateralized deposits were 17% of total deposits, while uninsured deposits were <br>35% of total deposits<br>● Capital Levels increasing; Leverage ratio of 8.64%, up 73 bps YoY and 33 bps QoQ<br>● Tangible Common Equity to Tangible Assets was 8.01% at September 30, 2025, up 101 bps YoY and down 3 bps QoQ <br>|

---

<sup>1</sup> Based on appraisals at origination.

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54002

------

![Graphic](ffic-20251029xex99002.jpg)

&nbsp;&nbsp;**Income Statement Highlights**<br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | **YoY** | **QoQ** |
| ($000s, except EPS) | **3Q25** | **2Q25** | **1Q25** | **4Q24** | **3Q24** | **Change** | **Change** |
| Net Interest Income | $53828  | $53209  | $52989  | $51235  | $45603  | 18.0% | 1.2% |
| Provision for Credit Losses | 1531  | 4194  | 4318  | 6440  | 1727  | (11.3) | (63.5) |
| Noninterest Income (Loss) | 4746  | 10277  | 5074  | (71022) | 6277  | (24.4) | (53.8) |
| Noninterest Expense | 43365  | 40356  | 59676  | 45630  | 38696  | 12.1 | 7.5 |
| Income (Loss) Before Income Taxes | 13678  | 18936  | (5931) | (71857) | 11457  | 19.4  | (27.8) |
| Provision (Benefit) for Income Taxes  | 3231  | 4733  | 3865  | (22612) | 2551  | 26.7 | (31.7) |
| Net Income (Loss)  | $10447  | $14203  | ($9796) | ($49245) | $8906  | 17.3  | (26.4) |
| Diluted Earnings (Loss) per Common Share | $0.30  | $0.41  | ($0.29) | ($1.64) | $0.30  | - | (26.8) |
| Core Net Income<sup>1</sup> | $11957  | $11162  | $7931  | $4209  | $7723  | 54.8 | 7.1 |
| Core EPS<sup>1</sup> | $0.35  | $0.32  | $0.23  | $0.14  | $0.26  | 34.6 | 9.4 |

---

<sup>1</sup> See Reconciliation of GAAP Earnings (Loss) and Core Earnings

**Net interest income** increased YoY and QoQ.

● Net Interest Margin FTE of 2.64% increased 54 bps YoY and 10 bps QoQ; The yield on interest earning assets increased 11 bps QoQ to 5.70%, while the cost of funds increased 2 bps QoQ

● Prepayment penalty income, swap termination fees, net reversals and recoveries of interest from nonaccrual and delinquent loans, net gains and losses from fair value adjustments on hedges, and purchase accounting accretion totaled $1.8 million (9 bps to NIM) in 3Q25 compared to $2.4 million (11 bps to NIM) in 3Q24 and $1.2 million (6 bps to NIM) in 2Q25

● Excluding the items in the previous bullet, the net interest margin was 2.55% in 3Q25 compared to 1.99% in 3Q24 and 2.48% in 2Q25

**The provision for credit losses** decreased YoY and QoQ.

● Net charge-offs were $1.1 million (7 bps of average loans) in 3Q25 compared to $3.0 million (18 bps of average loans) in 3Q24 and $2.5 million (15 bps of average loans) in 2Q25

**Noninterest income** decreased YoY and QoQ.

● Back-to-back swap loan closings of $37.1 million in 3Q25 (compared to $38.5 million in 3Q24 and $38.7 million in 2Q25) generated $0.7 million of noninterest income (compared to $0.6 million in both 3Q24 and 2Q25)

● Net gains (losses) from fair value adjustments were $(1.8) million ($(0.04) per share, net of tax) in 3Q25 compared to $1.0 million ($0.03 per share, net of tax) in 3Q24 and $1.7 million ($0.04 per share, net of tax) in 2Q25

● Gain on the sale of securities was $0.7 million ($0.01 per share, net of tax) in 3Q25 as the Company sold $81.7 million of mortgage-based securities with an approximate yield of 5.12%

● In 2Q25, the Company reclassified $29.5 million of loans held for sale to loans held for investment reclassifying a $2.6 million mark to market adjustment in net gain (loss) on sale of loans

● Absent the items in the previous three bullets and other immaterial adjustments, core noninterest income was $5.9 million in 3Q25, up 11.6 % YoY but down 1.9 % QoQ

**Noninterest expense** increased YoY and QoQ.

● Core noninterest expenses were $42.2 million in 3Q25, up 9.4% YoY and 5.9% QoQ, reflecting investments in talent acquisition and new team builds to support growth initiatives

● GAAP noninterest expense to average assets was 1.99% in 3Q25 compared to 1.68% in 3Q24 and 1.81% in 2Q25

**Provision for income taxes** was $3.2 million in 3Q25 compared to $2.6 million in 3Q24 and $4.7 million in 2Q25.

● The effective tax rate was 23.6% in 3Q25 compared to 22.3% in 3Q24 and 25.0% in 2Q25

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54003

------

![Graphic](ffic-20251029xex99002.jpg)

&nbsp;&nbsp;**Balance Sheet, Credit Quality, and Capital Highlights**<br>

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | | | | | **YoY** | **YoY** | **QoQ** | **QoQ** |
|  | **3Q25** | <br>**2Q25** | <br>**1Q25** | <br>**4Q24** | <br>**3Q24** | **Change** | **Change** | **Change** | **Change** |
| **Averages ($MM)** |  |  |  |  |  |  |  |  |  |
| Loans | $6595  | $6678  | $6672  | $6780  | $6737  | (2.1) | % | (1.2) | % |
| Total Deposits | 7346  | 7607  | 7561  | 7450  | 7464  | (1.6) |  | (3.4) |  |
| **Credit Quality ($000s)** |  |  |  |  |  |  |  |  |  |
| Nonperforming Loans | $44851  | $49247  | $46263  | $33318  | $34261  | 30.9 | % | (8.9) | % |
| Nonperforming Assets | 62129  | 66125  | 64263  | 51318  | 54888  | 13.2 |  | (6.0) |  |
| Criticized and Classified Loans | 74108  | 72005  | 89673  | 72207  | 68338  | 8.4 |  | 2.9 |  |
| Criticized and Classified Assets | 91386  | 88883  | 107673  | 90207  | 88965  | 2.7 |  | 2.8 |  |
| Allowance for Credit Losses/Loans (%) | 0.63 | 0.62 | 0.59 | 0.60 | 0.59 | 4 | bp | 1 | bp |
| **Capital** |  |  |  |  |  |  |  |  |  |
| Book Value/Share | $21.06  | $20.91  | $20.81  | $21.53  | $22.94  | (8.2) | % | 0.7 | % |
| Tangible Book Value/Share | 21.03  | 20.89  | 20.78  | 20.97  | 22.29  | (5.7) |  | 0.7 |  |
| Tang. Common Equity/Tang. Assets (%) | 8.01  | 8.04  | 7.79  | 7.82  | 7.00  | 101 | bps | (3) | bps |
| Leverage Ratio (%) | 8.64  | 8.31  | 8.12  | 8.04  | 7.91  | 73 |  | 33 |  |

---

**Average loans** decreased YoY and QoQ.

● Period end net loans totaled $6.6 billion, down 2.2% YoY and 0.6% QoQ

● Total loan closings were $252.8 million in 3Q25 compared to $217.1 million in 3Q24 and $159.1 million in 2Q25; the loan pipeline was $345.6 million at September 30, 2025, up 18.0% YoY and 91.0% QoQ

● The diversified loan portfolio is approximately 91% collateralized by real estate with an average loan-to-value ratio of less than 35%

**Average total deposits** decreased YoY and QoQ.

● Average noninterest bearing deposits increased 5.7% YoY and 2.1% QoQ and comprised 12.2% of average total deposits in 3Q25 compared to 11.3% a year ago

● Average CDs totaled $2.4 billion, down 15.2% YoY and 1.3% QoQ; approximately $770.2 million of retail CDs are due to mature at an average rate of 3.98% in 4Q25

**Credit Quality:** Nonperforming loans increased YoY but decreased QoQ.

● Nonperforming loans were 67 bps of gross loans in 3Q25 compared to 50 bps in 3Q24 and 74 bps in 2Q25

● Criticized and classified loans were 111 bps of gross loans at 3Q25 compared to 100 bps at 3Q24 and 108 bps at 2Q25

**Capital:** Book value per common share and tangible book value per common share, a non-GAAP measure, decreased 8.2% and 5.7% YoY to $21.06 and $21.03, respectively.

● The Company paid a dividend of $0.22 per share in 3Q25; 807,964 shares remaining subject to repurchase under the authorized stock repurchase program, which has no expiration date or maximum dollar limit

● Ample credit enables the Company for continued investment in the business and strategic initiatives

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54004

------

![Graphic](ffic-20251029xex99002.jpg)

&nbsp;&nbsp;**Conference Call Information**<br>

**Conference Call Information:**

● John R. Buran, President and Chief Executive Officer, and Susan K. Cullen, Senior Executive Vice President and Chief Financial Officer and Treasurer, will host a conference call on Thursday, October 30, 2025, at 9:30 AM (ET) to discuss the Company's third quarter earnings and strategy.

● Dial-in for Live Call: 1-877-509-5836; Canada 855-669-9657

● Webcast : https://event.choruscall.com/mediaframe/webcast.html?webcastid=b9Jv01L9

● Dial-in for Replay: 1-877-344-7529; Canada 855-669-9658

● Replay Access Code: 2926944

● The conference call will be simultaneously webcast and archived

**Fourth Quarter 2025 Earnings Release Date:**

The Company plans to release Fourth Quarter 2025 financial results after the market close on January 27, 2026, followed by a conference call at 9:30 AM (ET) on January 28, 2026.

A detailed announcement will be issued prior to the fourth quarter's close confirming the date and the time of the release.

**About Flushing Financial Corporation**

Flushing Financial Corporation (Nasdaq: FFIC) is the holding company for Flushing Bank®, an FDIC insured, New York State —chartered commercial bank that operates banking offices in Queens, Brooklyn, Manhattan, and on Long Island. The Bank has been building relationships with families, business owners, and communities since 1929. Today, it offers the products, services, and conveniences associated with large commercial banks, including a full complement of deposit, loan, equipment finance, and cash management services. Rewarding customers with personalized attention and bankers that can communicate in the languages prevalent within these multicultural markets is what makes the Bank uniquely different. As an Equal Housing Lender and leader in real estate lending, the Bank's experienced lending teams create mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area. The Bank also fosters relationships with consumers nationwide through its online banking division with the iGObanking® and BankPurely® brands.

Additional information on Flushing Bank and Flushing Financial Corporation may be obtained by visiting the Company's website at FlushingBank.com. Flushing Financial Corporation's earnings release and presentation slides will be available prior to the conference call at www.FlushingBank.com under Investor Relations.

***"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:*** Statements in this Press Release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors discussed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and in other documents filed by the Company with the Securities and Exchange Commission from time to time. Forward-looking statements may be identified by terms such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "forecasts", "goals", "potential" or "continue" or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. The Company has no obligation to update these forward-looking statements.

#FF- ***Statistical Tables Follow*** -

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54005

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**FINANCIAL HIGHLIGHTS**

(Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | At or for the three months ended  | At or for the three months ended  | At or for the three months ended  | At or for the three months ended  | At or for the three months ended  | At or for the three months ended  | At or for the three months ended  | At or for the three months ended  | At or for the three months ended  | At or for the three months ended  | At or for the nine months ended  | At or for the nine months ended  | At or for the nine months ended  |  |
|  | September 30, | September 30, | June 30, | June 30, | March 31, | March 31, | December 31, | December 31, | September 30, | September 30, | September 30, |  | September 30, |  |
| *(Dollars in thousands, except per share data)* | 2025 | 2025 | 2025 | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | 2024 | 2025 |  | 2024 |  |
| **Performance Ratios** <sup>(1)</sup> |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Return on average assets | 0.48 | % | 0.64 | % | (0.43) | % | (2.17) | % | 0.39 | % | 0.22 | % | 0.27 | % |
| Return on average equity | 5.86 |  | 8.00 |  | (5.36) |  | (29.24) |  | 5.30 |  | 2.76 |  | 3.57 |  |
| Yield on average interest-earning assets <sup>(2)</sup> | 5.70 |  | 5.59 |  | 5.51 |  | 5.60 |  | 5.63 |  | 5.60 |  | 5.46 |  |
| Cost of average interest-bearing liabilities | 3.62 |  | 3.58 |  | 3.50 |  | 3.75 |  | 4.10 |  | 3.57 |  | 3.96 |  |
| Cost of funds | 3.21 |  | 3.19 |  | 3.13 |  | 3.35 |  | 3.69 |  | 3.18 |  | 3.55 |  |
| Net interest rate spread during period <sup>(2)</sup> | 2.08 |  | 2.01 |  | 2.01 |  | 1.85 |  | 1.53 |  | 2.03 |  | 1.50 |  |
| Net interest margin <sup>(2)</sup> | 2.64 |  | 2.54 |  | 2.51 |  | 2.39 |  | 2.10 |  | 2.56 |  | 2.07 |  |
| Noninterest expense to average assets | 1.99 |  | 1.81 |  | 2.65 |  | 2.01 |  | 1.68 |  | 2.15 |  | 1.76 |  |
| Efficiency ratio <sup>(3)</sup> | 71.03 |  | 67.69 |  | 72.21 |  | 79.01 |  | 77.20 |  | 70.30 |  | 81.81 |  |
| Average interest-earning assets to average interest-bearing liabilities | 1.18 | X | 1.17 | X | 1.17 | X | 1.17 | X | 1.16 | X | 1.17 | X | 1.17 | X |
| **Average Balances** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Total loans, net | $6595037 |  | $6678494 |  | $6671922 |  | $6780268 |  | $6737261 |  | $6648202 |  | $6763078 |  |
| Total interest-earning assets | 8181582 |  | 8402582 |  | 8468913 |  | 8587482 |  | 8709671 |  | 8349971 |  | 8434283 |  |
| Total assets | 8702227 |  | 8918075 |  | 9015880 |  | 9071879 |  | 9203884 |  | 8877578 |  | 8915076 |  |
| Total deposits | 7345547 |  | 7607080 |  | 7560956 |  | 7449504 |  | 7463783 |  | 7503738 |  | 7247863 |  |
| Total interest-bearing liabilities | 6923640 |  | 7176399 |  | 7261100 |  | 7339707 |  | 7504517 |  | 7119143 |  | 7220876 |  |
| Stockholders' equity | 712600 |  | 709839 |  | 731592 |  | 673588 |  | 672762 |  | 717941 |  | 669845 |  |
| **Per Share Data** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Book value per common share <sup>(4)</sup> | $21.06 |  | $20.91 |  | $20.81 |  | $21.53 |  | $22.94 |  | $21.06 |  | $22.94 |  |
| Tangible book value per common share <sup>(5)</sup> | $21.03 |  | $20.89 |  | $20.78 |  | $20.97 |  | $22.29 |  | $21.03 |  | $22.29 |  |
| **Stockholders' Equity** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Stockholders' equity | $711226 |  | $706377 |  | $702851 |  | $724539 |  | $666891 |  | $711226 |  | $666891 |  |
| Tangible stockholders' equity | 710372 |  | 705437 |  | 701822 |  | 705780 |  | 648035 |  | 710372 |  | 648035 |  |
| **Consolidated Regulatory Capital Ratios** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Tier 1 capital | $751258 |  | $740871 |  | $730950 |  | $731958 |  | $735984 |  | $751258 |  | $735984 |  |
| Common equity Tier 1 capital | 703450 |  | 695099 |  | 683670 |  | 685004 |  | 689902 |  | 703450 |  | 689902 |  |
| Total risk-based capital | 983826 |  | 972517 |  | 961704 |  | 962272 |  | 967242 |  | 983826 |  | 967242 |  |
| Risk Weighted Assets | 6692035 |  | 6675621 |  | 6719291 |  | 6762048 |  | 6790253 |  | 6692035 |  | 6790253 |  |
| Tier 1 leverage capital (well capitalized = 5%) | 8.64 | % | 8.31 | % | 8.12 | % | 8.04 | % | 7.91 | % | 8.64 | % | 7.91 | % |
| Common equity Tier 1 risk-based capital (well capitalized = 6.5%) | 10.51 |  | 10.41 |  | 10.17 |  | 10.13 |  | 10.16 |  | 10.51 |  | 10.16 |  |
| Tier 1 risk-based capital (well capitalized = 8.0%) | 11.23 |  | 11.10 |  | 10.88 |  | 10.82 |  | 10.84 |  | 11.23 |  | 10.84 |  |
| Total risk-based capital (well capitalized = 10.0%) | 14.70 |  | 14.57 |  | 14.31 |  | 14.23 |  | 14.24 |  | 14.70 |  | 14.24 |  |
| **Capital Ratios** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Average equity to average assets | 8.19 | % | 7.96 | % | 8.11 | % | 7.43 | % | 7.31 | % | 8.09 | % | 7.51 | % |
| Equity to total assets | 8.02 |  | 8.05 |  | 7.80 |  | 8.02 |  | 7.19 |  | 8.02 |  | 7.19 |  |
| Tangible common equity to tangible assets <sup>(6)</sup> | 8.01 |  | 8.04 |  | 7.79 |  | 7.82 |  | 7.00 |  | 8.01 |  | 7.00 |  |
| **Asset Quality** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Nonaccrual loans | $44851 |  | $49247 |  | $46263 |  | $33318 |  | $34261 |  | $44851 |  | $34261 |  |
| Nonperforming loans | 44851 |  | 49247 |  | 46263 |  | 33318 |  | 34261 |  | 44851 |  | 34261 |  |
| Nonperforming assets | 62129 |  | 66125 |  | 64263 |  | 51318 |  | 54888 |  | 62129 |  | 54888 |  |
| Net charge-offs (recoveries) | 1090 |  | 2549 |  | 4427 |  | 4736 |  | 3036 |  | 8066 |  | 2948 |  |
| **Asset Quality Ratios** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Nonperforming loans to gross loans | 0.67 | % | 0.74 | % | 0.69 | % | 0.49 | % | 0.50 | % | 0.67 | % | 0.50 | % |
| Nonperforming assets to total assets | 0.70 |  | 0.75 |  | 0.71 |  | 0.57 |  | 0.59 |  | 0.70 |  | 0.59 |  |
| Allowance for credit losses to gross loans | 0.63 |  | 0.62 |  | 0.59 |  | 0.60 |  | 0.59 |  | 0.63 |  | 0.59 |  |
| Allowance for credit losses to nonperforming assets | 67.34 |  | 62.38 |  | 62.30 |  | 78.24 |  | 73.50 |  | 67.34 |  | 73.50 |  |
| Allowance for credit losses to nonperforming loans | 93.28 |  | 83.76 |  | 86.54 |  | 120.51 |  | 117.75 |  | 93.28 |  | 117.75 |  |
| Net charge-offs (recoveries) to average loans | 0.07 |  | 0.15 |  | 0.27 |  | 0.28 |  | 0.18 |  | 0.16 |  | 0.06 |  |
| Full-service customer facilities | 29 |  | 29 |  | 28 |  | 28 |  | 28 |  | 29 |  | 28 |  |

---

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54006

------

![Graphic](ffic-20251029xex99002.jpg)

------

<sup>(1)</sup> Ratios are presented on an annualized basis, where appropriate.

<sup>(2)</sup> Yields are calculated on the tax equivalent basis using the statutory federal income tax rate of 21% for the periods presented.

<sup>(3)</sup> Efficiency ratio, a non-GAAP measure, was calculated by dividing core noninterest expense (excluding OREO expense and the net gain/loss from the sale of OREO) by the total of core net interest income and core noninterest income.

<sup>(4)</sup> Calculated by dividing stockholders' equity by shares outstanding.

<sup>(5)</sup> Calculated by dividing tangible stockholders' common equity, a non-GAAP measure, by shares outstanding. Tangible stockholders' common equity is stockholders' equity less intangible assets. See "Calculation of Tangible Stockholders' Common Equity to Tangible Assets".

<sup>(6)</sup> See "Calculation of Tangible Stockholders' Common Equity to Tangible Assets".

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54007

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**CONSOLIDATED STATEMENTS OF INCOME (LOSS)**

(Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the nine months ended  | For the nine months ended  |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  | September 30,  | September 30,  |
| *(In thousands, except per share data)* | 2025 | 2025 | 2025 | 2024 | 2024 | 2025 | 2024 |
| **Interest and Dividend Income** |  |  |  |  |  |  |  |
| Interest and fees on loans | $94970 | $95005 | $93032 | $94111 | $95780 | $283007 | $281467 |
| Interest and dividends on securities: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest | 19785 | 20186 | 21413 | 24111 | 24215 | 61384 | 54965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividends | 29 | 28 | 28 | 31 | 33 | 85 | 99 |
| Other interest income | 1685 | 2183 | 2063 | 1787 | 2565 | 5931 | 8791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest and dividend income | 116469 | 117402 | 116536 | 120040 | 122593 | 350407 | 345322 |
| **Interest Expense** |  |  |  |  |  |  |  |
| Deposits | 57137 | 59037 | 57174 | 59728 | 66150 | 173348 | 184908 |
| Other interest expense | 5504 | 5156 | 6373 | 9077 | 10840 | 17033 | 29638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest expense | 62641 | 64193 | 63547 | 68805 | 76990 | 190381 | 214546 |
| **Net Interest Income** | 53828 | 53209 | 52989 | 51235 | 45603 | 160026 | 130776 |
| Provision for credit losses | 1531 | 4194 | 4318 | 6440 | 1727 | 10043 | 3128 |
| **Net Interest Income After Provision for Credit Losses** | 52297 | 49015 | 48671 | 44795 | 43876 | 149983 | 127648 |
| **Noninterest Income (Loss)**  |  |  |  |  |  |  |  |
| Banking services fee income | 2000 | 1948 | 1521 | 2180 | 1790 | 5469 | 4767 |
| Net gain (loss) on sale of securities | 661 |  |  | (72315) |  | 661 |  |
| Net gain (loss) on sale of loans | 318 | 2757 | 630 | (3836) | 137 | 3705 | 273 |
| Net gain (loss) from fair value adjustments | (1831) | 1656 | (152) | (1136) | 974 | (327) | 197 |
| Federal Home Loan Bank of New York stock dividends | 369 | 428 | 697 | 754 | 624 | 1494 | 2036 |
| Life insurance proceeds |  |  |  | 284 | 1 |  | 1 |
| Bank owned life insurance | 2319 | 2835 | 1574 | 2322 | 1260 | 6728 | 3683 |
| Other income | 910 | 653 | 804 | 725 | 1491 | 2367 | 2620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total noninterest income (loss)  | 4746 | 10277 | 5074 | (71022) | 6277 | 20097 | 13577 |
| **Noninterest Expense** |  |  |  |  |  |  |  |
| Salaries and employee benefits | 24685 | 22648 | 22896 | 25346 | 22216 | 70229 | 66052 |
| Occupancy and equipment | 4189 | 4005 | 4092 | 3880 | 3745 | 12286 | 11237 |
| Professional services | 3999 | 3452 | 2885 | 2516 | 2752 | 10336 | 8330 |
| FDIC deposit insurance | 1373 | 1508 | 1709 | 2005 | 1318 | 4590 | 4292 |
| Data processing | 1831 | 1806 | 1868 | 1697 | 1681 | 5505 | 5193 |
| Depreciation and amortization | 1316 | 1367 | 1373 | 1412 | 1436 | 4056 | 4318 |
| Other real estate owned/foreclosure expense | 353 | 220 | 345 | 276 | 135 | 918 | 405 |
| Gain on sale of other real estate owned |  |  |  |  | (174) |  | (174) |
| Prepayment penalty on borrowings |  |  |  | 2572 |  |  |  |
| Impairment of goodwill |  |  | 17636 |  |  | 17636 |  |
| Other operating expenses | 5619 | 5350 | 6872 | 5926 | 5587 | 17841 | 17982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total noninterest expense | 43365 | 40356 | 59676 | 45630 | 38696 | 143397 | 117635 |
| **Income (Loss) Before Provision (Benefit) for Income Taxes** | 13678 | 18936 | (5931) | (71857) | 11457 | 26683 | 23590 |
| Provision (Benefit) for income taxes | 3231 | 4733 | 3865 | (22612) | 2551 | 11829 | 5678 |
| **Net Income (Loss)**  | $10447  | $14203  | $(9796) | $(49245) | $8906  | $14854  | $17912  |
| Dividends paid and earnings allocated to participating securities | (120) | (127) | (132) | (90) | (126) | (381) | (296) |
| Income (Loss) attributable to common stock | $10327  | $14076  | $(9928) | $(49335) | $8780  | $14473  | $17616  |
| Divided by: |  |  |  |  |  |  |  |
| Weighted average common shares outstanding and participating securities | 34497 | 34511 | 34474 | 30519 | 29742 | 34495 | 29758 |
| Weighted average participating securities | (558) | (582) | (542) | (414) | (423) | (561) | (443) |
| Total weighted average common shares outstanding | 33939  | 33929  | 33932  | 30105  | 29319  | 33934  | 29315  |
| Basic earnings (loss) per common share | $0.30 | $0.41 | $(0.29) | $(1.64) | $0.30 | $0.43 | $0.60 |
| Diluted earnings (loss) per common share <sup>(1)</sup> | $0.30 | $0.41 | $(0.29) | $(1.64) | $0.30 | $0.43 | $0.60 |
| Dividends per common share | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.66 | $0.66 |

---

<sup>(1)</sup> There were no common stock equivalents outstanding during the periods presented.

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54008

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![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION**

(Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 |
| **ASSETS** |  |  |  |  |  |
| Cash and due from banks | $142929 | $150123 | $271912 | $152574 | $267643 |
| Securities held-to-maturity: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage-backed securities | 7821 | 7826 | 7831 | 7836 | 7841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other securities, net | 42688 | 43005 | 43319 | 43649 | 63859 |
| Securities available for sale: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage-backed securities | 906270 | 828756 | 879566 | 911636 | 926731 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other securities | 635153 | 563031 | 570578 | 586269 | 687518 |
| Loans held for sale |  |  | 29624 | 70098 |  |
| Loans | 6670333 | 6709601 | 6741835 | 6745848 | 6818328 |
| Allowance for credit losses | (41837) | (41247) | (40037) | (40152) | (40342) |
| Net loans | 6628496 | 6668354 | 6701798 | 6705696 | 6777986 |
| Interest and dividends receivable | 60044 | 59607 | 61510 | 62036 | 64369 |
| Bank premises and equipment, net | 17073 | 18145 | 18181 | 17852 | 18544 |
| Federal Home Loan Bank of New York stock | 18909 | 23773 | 18475 | 38096 | 32745 |
| Bank owned life insurance | 224902 | 222583 | 219748 | 218174 | 217200 |
| Goodwill |  |  |  | 17636 | 17636 |
| Core deposit intangibles | 854 | 940 | 1029 | 1123 | 1220 |
| Right of use asset | 47761 | 49759 | 43870 | 45800 | 44787 |
| Other assets | 139091 | 140622 | 140955 | 160497 | 152807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $8871991 | $8776524 | $9008396 | $9038972 | $9280886 |
| **LIABILITIES** |  |  |  |  |  |
| Total deposits | $7415528 | $7289352 | $7718218 | $7178933 | $7572395 |
| Borrowed funds | 492457 | 600171 | 421542 | 916054 | 846123 |
| Operating lease liability | 48253 | 50102 | 44385 | 46443 | 45437 |
| Other liabilities | 204527 | 130522 | 121400 | 173003 | 150040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 8160765 | 8070147 | 8305545 | 8314433 | 8613995 |
| **STOCKHOLDERS' EQUITY** |  |  |  |  |  |
| Preferred stock (5,000,000 shares authorized; none issued) |  |  |  |  |  |
| Common stock ($0.01 par value; 100,000,000 shares authorized) | 387 | 387 | 387 | 387 | 341 |
| Additional paid-in capital | 325809 | 325162 | 324290 | 326671 | 261274 |
| Retained earnings | 483936 | 481077 | 474472 | 492003 | 547708 |
| Treasury stock | (98948) | (98985) | (98993) | (101655) | (101633) |
| Accumulated other comprehensive loss, net of taxes | 42 | (1264) | 2695 | 7133 | (40799) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 711226 | 706377 | 702851 | 724539 | 666891 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $8871991 | $8776524 | $9008396 | $9038972 | $9280886 |
| *(In thousands)* |  |  |  |  |  |
| Issued shares | 38678 | 38678 | 38678 | 38678 | 34088 |
| Outstanding shares | 33778 | 33777 | 33777 | 33659 | 29069 |
| Treasury shares | 4900 | 4901 | 4901 | 5019 | 5019 |

---

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-54009

------

![Graphic](ffic-20251029xex99002.jpg)

 

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**AVERAGE BALANCE SHEETS**

(Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the nine months ended  | For the nine months ended  |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  | September 30,  | September 30,  |
| *(In thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 | 2025 | 2024 |
| **Interest-earning Assets:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loans held for sale | $— | $24708 | $64085 | $762 | $— | $29363 | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage loans, net | 5193430 | 5260610 | 5261261 | 5358490 | 5337170 | 5238185 | 5343108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Business loans, net | 1401607 | 1417884 | 1410661 | 1421778 | 1400091 | 1410017 | 1419970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total loans, net  | 6595037 | 6678494 | 6671922 | 6780268 | 6737261 | 6648202 | 6763078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage-backed securities | 832514 | 863573 | 895097 | 919587 | 984383 | 863499 | 714030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other taxable securities, net | 536314 | 573730 | 585219 | 652755 | 714161 | 564908 | 656325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other tax-exempt securities | 43168 | 43489 | 43813 | 64531 | 65070 | 43487 | 65485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total securities, net  | 1411996 | 1480792 | 1524129 | 1636873 | 1763614 | 1471894 | 1435840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest-earning deposits and federal funds sold | 174549 | 218588 | 208777 | 169579 | 208796 | 200512 | 235365 |
| &nbsp;&nbsp;&nbsp;Total interest-earning assets | 8181582 | 8402582 | 8468913 | 8587482 | 8709671 | 8349971 | 8434283 |
| Other assets | 520645 | 515493 | 546967 | 484397 | 494213 | 527607 | 480793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $8702227 | $8918075 | $9015880 | $9071879 | $9203884 | $8877578 | $8915076 |
| **Interest-bearing Liabilities:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Deposits: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings accounts | $92068 | $94884 | $98224 | $99669 | $102196 | $95036 | $103908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW accounts | 2154978 | 2388559 | 2215683 | 2024600 | 1886387 | 2252851 | 1946022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money market accounts | 1677996 | 1665625 | 1716358 | 1686614 | 1673499 | 1686519 | 1704320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certificate of deposit accounts | 2445173 | 2477716 | 2596714 | 2681742 | 2884280 | 2505979 | 2578988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total due to depositors | 6370215 | 6626784 | 6626979 | 6492625 | 6546362 | 6540385 | 6333238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgagors' escrow accounts | 81501 | 104761 | 78655 | 87120 | 71965 | 88316 | 80408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 6451716 | 6731545 | 6705634 | 6579745 | 6618327 | 6628701 | 6413646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrowings | 471924 | 444854 | 555466 | 759962 | 886190 | 490442 | 807230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 6923640 | 7176399 | 7261100 | 7339707 | 7504517 | 7119143 | 7220876 |
| &nbsp;&nbsp;&nbsp;Noninterest-bearing demand deposits | 893831 | 875535 | 855322 | 869759 | 845456 | 875037 | 834217 |
| Other liabilities | 172156 | 156302 | 167866 | 188825 | 181149 | 165457 | 190138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 7989627 | 8208236 | 8284288 | 8398291 | 8531122 | 8159637 | 8245231 |
| Equity | 712600 | 709839 | 731592 | 673588 | 672762 | 717941 | 669845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and equity | $8702227 | $8918075 | $9015880 | $9071879 | $9203884 | $8877578 | $8915076 |
| Net interest-earning assets  | $1257942 | $1226183 | $1207813 | $1247775 | $1205154 | $1230828 | $1213407 |

---

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540010

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**NET INTEREST INCOME AND NET INTEREST MARGIN** 

(Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the nine months ended  | For the nine months ended  | For the nine months ended  | For the nine months ended  |
|  | September 30,  | September 30,  | June 30, | June 30, | March 31, | March 31, | December 31, | December 31, | September 30,  | September 30,  | September 30,  | September 30,  | September 30,  | September 30,  |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | 2024 | 2025 | 2025 | 2024 | 2024 |
| **Interest Income:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loans held for sale | $— |  | $247 |  | $664 |  | $7 |  | $— |  | $911 |  | $— |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage loans, net | 74149 |  | 74240 |  | 72391 |  | 73252 |  | 74645 |  | 220780 |  | 218185 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Business loans, net | 20821 |  | 20518 |  | 19977 |  | 20852 |  | 21135 |  | 61316 |  | 63282 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total loans, net  | 94970 |  | 94758 |  | 92368 |  | 94104 |  | 95780 |  | 282096 |  | 281467 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage-backed securities | 11513 |  | 11709 |  | 12528 |  | 13884 |  | 12443 |  | 35750 |  | 23601 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other taxable securities, net | 7939 |  | 8143 |  | 8553 |  | 9887 |  | 11431 |  | 24635 |  | 30343 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other tax-exempt securities | 458 |  | 458 |  | 456 |  | 469 |  | 474 |  | 1372 |  | 1418 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total securities, net  | 19910 |  | 20310 |  | 21537 |  | 24240 |  | 24348 |  | 61757 |  | 55362 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest-earning deposits and federal funds sold | 1685 |  | 2183 |  | 2063 |  | 1787 |  | 2565 |  | 5931 |  | 8791 |  |
| &nbsp;&nbsp;&nbsp;Total interest-earning assets | 116565 |  | 117498 |  | 116632 |  | 120138 |  | 122693 |  | 350695 |  | 345620 |  |
| **Interest Expense:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Deposits: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings accounts | $94 |  | $98 |  | $110 |  | $113 |  | $122 |  | $302 |  | $359 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW accounts | 18808 |  | 21111 |  | 18915 |  | 18390 |  | 18795 |  | 58834 |  | 57293 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money market accounts | 15390 |  | 15323 |  | 15372 |  | 15909 |  | 17485 |  | 46085 |  | 52083 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certificate of deposit accounts | 22766 |  | 22443 |  | 22710 |  | 25258 |  | 29676 |  | 67919 |  | 74977 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total due to depositors | 57058 |  | 58975 |  | 57107 |  | 59670 |  | 66078 |  | 173140 |  | 184712 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgagors' escrow accounts | 79 |  | 62 |  | 67 |  | 58 |  | 72 |  | 208 |  | 196 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 57137 |  | 59037 |  | 57174 |  | 59728 |  | 66150 |  | 173348 |  | 184908 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrowings | 5504 |  | 5156 |  | 6373 |  | 9077 |  | 10840 |  | 17033 |  | 29638 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 62641 |  | 64193 |  | 63547 |  | 68805 |  | 76990 |  | 190381 |  | 214546 |  |
| Net interest income- tax equivalent | $53924 |  | $53305 |  | $53085 |  | $51333 |  | $45703 |  | $160314 |  | $131074 |  |
| **Included in net interest income above:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Episodic items <sup>(1)</sup> | $1498 |  | $878 |  | $294 |  | $648 |  | $1647 |  | $2670 |  | $2944 |  |
| Net gains/(losses) from fair value adjustments on hedges included in net interest income | 94 |  | 64 |  | 56 |  | 2911 |  | 554 |  | 214 |  | 544 |  |
| Purchase accounting adjustments | 191 |  | 257 |  | 252 |  | 191 |  | 155 |  | 700 |  | 608 |  |
| **Interest-earning Assets Yields:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loans held for sale |  | % | 4.00 | % | 4.14 | % | 3.67 | % |  | % | 4.14 | % |  | % |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage loans, net | 5.71 |  | 5.64 |  | 5.50 |  | 5.47 |  | 5.59 |  | 5.62 |  | 5.44 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commercial Business loans, net | 5.94 |  | 5.79 |  | 5.66 |  | 5.87 |  | 6.04 |  | 5.80 |  | 5.94 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total loans, net  | 5.76 |  | 5.68 |  | 5.54 |  | 5.55 |  | 5.69 |  | 5.66 |  | 5.55 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgage-backed securities | 5.53 |  | 5.42 |  | 5.60 |  | 6.04 |  | 5.06 |  | 5.52 |  | 4.41 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other taxable securities, net | 5.92 |  | 5.68 |  | 5.85 |  | 6.06 |  | 6.40 |  | 5.81 |  | 6.16 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other tax-exempt securities <sup>(2)</sup> | 4.24 |  | 4.21 |  | 4.16 |  | 2.91 |  | 2.91 |  | 4.21 |  | 2.89 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total securities, net  | 5.64 |  | 5.49 |  | 5.65 |  | 5.92 |  | 5.52 |  | 5.59 |  | 5.14 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest-earning deposits and federal funds sold | 3.86 |  | 3.99 |  | 3.95 |  | 4.22 |  | 4.91 |  | 3.94 |  | 4.98 |  |
| &nbsp;&nbsp;&nbsp;Total interest-earning assets <sup>(1)</sup> | 5.70 | % | 5.59 | % | 5.51 | % | 5.60 | % | 5.63 | % | 5.60 | % | 5.46 | % |
| **Interest-bearing Liabilities Yields:** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Deposits: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Savings accounts | 0.41 | % | 0.41 | % | 0.45 | % | 0.45 | % | 0.48 | % | 0.42 | % | 0.46 | % |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW accounts | 3.49 |  | 3.54 |  | 3.41 |  | 3.63 |  | 3.99 |  | 3.48 |  | 3.93 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money market accounts | 3.67 |  | 3.68 |  | 3.58 |  | 3.77 |  | 4.18 |  | 3.64 |  | 4.07 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certificate of deposit accounts | 3.72 |  | 3.62 |  | 3.50 |  | 3.77 |  | 4.12 |  | 3.61 |  | 3.88 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total due to depositors | 3.58 |  | 3.56 |  | 3.45 |  | 3.68 |  | 4.04 |  | 3.53 |  | 3.89 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mortgagors' escrow accounts | 0.39 |  | 0.24 |  | 0.34 |  | 0.27 |  | 0.40 |  | 0.31 |  | 0.33 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 3.54 |  | 3.51 |  | 3.41 |  | 3.63 |  | 4.00 |  | 3.49 |  | 3.84 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrowings | 4.67 |  | 4.64 |  | 4.59 |  | 4.78 |  | 4.89 |  | 4.63 |  | 4.90 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 3.62 | % | 3.58 | % | 3.50 | % | 3.75 | % | 4.10 | % | 3.57 | % | 3.96 | % |
| Net interest rate spread (tax equivalent) <sup>(1)</sup> | 2.08 | % | 2.01 | % | 2.01 | % | 1.85 | % | 1.53 | % | 2.03 | % | 1.50 | % |
| Net interest margin (tax equivalent) <sup>(1)</sup> | 2.64 | % | 2.54 | % | 2.51 | % | 2.39 | % | 2.10 | % | 2.56 | % | 2.07 | % |
| Ratio of interest-earning assets to interest-bearing liabilities | 1.18 | X | 1.17 | X | 1.17 | X | 1.17 | X | 1.16 | X | 1.17 | X | 1.17 | X |

---

------

<sup>(1)</sup> Episodic items include prepayment penalty income, net reversals and recovered interest from nonaccrual and delinquent loans, and swap terminations fees.

<sup>(2)</sup> Yields are calculated on the tax equivalent basis using the statutory federal income tax rate of 21% for the periods presented.

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540011

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**DEPOSIT and LOAN COMPOSITION**

(Unaudited)

**Deposit Composition**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | 3Q25 vs. | 3Q25 vs. |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  | 2Q25 | 3Q24 |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 | % Change | % Change |
| Noninterest bearing | $964767 | $899602 | $863714 | $836545 | $860930 | 7.2% | 12.1% |
| Interest bearing: |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Certificate of deposit accounts | 2419039 | 2452624 | 2592026 | 2650164 | 2875486 | (1.4) | (15.9) |
| &nbsp;&nbsp;&nbsp;Savings accounts | 91089 | 92699 | 97624 | 98964 | 100279 | (1.7) | (9.2) |
| &nbsp;&nbsp;&nbsp;Money market accounts | 1714184 | 1601948 | 1681608 | 1686109 | 1659027 | 7.0 | 3.3 |
| &nbsp;&nbsp;&nbsp;NOW accounts | 2143752 | 2174124 | 2393482 | 1854069 | 2003301 | (1.4) | 7.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 6368064 | 6321395 | 6764740 | 6289306 | 6638093 | 0.7 | (4.1) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total due to depositors | 7332831 | 7220997 | 7628454 | 7125851 | 7499023 | 1.5 | (2.2) |
| &nbsp;&nbsp;&nbsp;Mortgagors' escrow deposits | 82697 | 68355 | 89764 | 53082 | 73372 | 21.0 | 12.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deposits | $7415528 | $7289352 | $7718218 | $7178933 | $7572395 | 1.7% | (2.1)% |

---

**Loan Composition**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  | 3Q25 vs. | 3Q25 vs. |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  | 2Q25 | 3Q24 |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 | % Change | % Change |
| Multifamily residential | $2442555 | $2487610 | $2531628 | $2527222 | $2638863 | (1.8)% | (7.4)% |
| Commercial real estate | 1960009 | 1987523 | 1953710 | 1973124 | 1929093 | (1.4) | 1.6 |
| One-to-four family ― mixed use property | 482933 | 493846 | 501562 | 511222 | 515511 | (2.2) | (6.3) |
| One-to-four family ― residential | 335592 | 258608 | 269492 | 244282 | 252293 | 29.8 | 33.0 |
| Construction | 51638 | 46798 | 63474 | 60399 | 63674 | 10.3 | (18.9) |
| Mortgage loans | 5272727 | 5274385 | 5319866 | 5316249 | 5399434 |  | (2.3) |
| Small Business Administration | 11439 | 15473 | 14713 | 19925 | 19368 | (26.1) | (40.9) |
| Commercial business and other | 1372598 | 1407792 | 1396597 | 1401602 | 1387965 | (2.5) | (1.1) |
| Commercial Business loans | 1384037 | 1423265 | 1411310 | 1421527 | 1407333 | (2.8) | (1.7) |
| Gross loans | 6656764 | 6697650 | 6731176 | 6737776 | 6806767 | (0.6) | (2.2) |
| Net unamortized (premiums) and unearned loan (cost) fees <sup>(1)</sup>  | 13569 | 11951 | 10659 | 8072 | 11561 | 13.5 | 17.4 |
| Allowance for credit losses  | (41837) | (41247) | (40037) | (40152) | (40342) | 1.4 | 3.7 |
| Net loans | $6628496 | $6668354 | $6701798 | $6705696 | $6777986 | (0.6)% | (2.2)% |

---

------

<sup>(1)</sup> Includes $2.1 million, $2.3 million, $2.6 million, $2.8 million, and $3.1 million of purchase accounting unamortized discount resulting from the acquisition of Empire Bancorp at September 30, 2025, June 30, 2025, March 31, 2025, December 31, 2024, and September 30, 2024, respectively.

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540012

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**LOAN CLOSINGS and RATES** 

(Unaudited)

**Loan Closings**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the nine months ended  | For the nine months ended  |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  | September 30,  | September 30,  |
| *(In thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 | 2025 | 2024 |
| Multifamily residential | $17674 | $8546 | $21183 | $25232 | $50528 | $47403 | $90299 |
| Commercial real estate | 40199 | 57533 | 22916 | 75285 | 56713 | 120648 | 87326 |
| One-to-four family – mixed use property | 3580 | 3039 | 1842 | 6622 | 5709 | 8461 | 10439 |
| One-to-four family – residential | 86589 | 411 | 35206 | 739 | 1705 | 122206 | 54933 |
| Construction | 4839 | 2469 | 3275 | 9338 | 5063 | 10583 | 11552 |
| Mortgage loans | 152881 | 71998 | 84422 | 117216 | 119718 | 309301 | 254549 |
| Small Business Administration | 528 | 2457 | 1250 | 1368 | 5930 | 4235 | 5930 |
| Commercial business and other | 99351 | 84721 | 88404 | 106580 | 91447 | 272476 | 212564 |
| Commercial Business loans | 99879 | 87178 | 89654 | 107948 | 97377 | 276711 | 218494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Closings | $252760 | $159176 | $174076 | $225164 | $217095 | $586012 | $473043 |

---

**Weighted Average Rate on Loan Closings**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  |
| Loan type | 2025 | 2025 | 2025 | 2024 | 2024 |
| Mortgage loans | 6.44% | 6.87% | 6.68% | 7.12% | 7.31% |
| Commercial Business loans | 7.14 | 7.25 | 7.28 | 7.45 | 7.75 |
| Total loans | 6.72% | 7.08% | 6.99% | 7.28% | 7.51% |

---

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540013

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![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**ASSET QUALITY**

(Unaudited)

**Allowance for Credit Losses** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the nine months ended  | For the nine months ended  |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  | September 30,  | September 30,  |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 | 2025 | 2024 |
| **Allowance for credit losses - loans** |  |  |  |  |  |  |  |
| Beginning balances | $41247 | $40037 | $40152 | $40342 | $41648 | $40152 | $40161 |
| **Net loan charge-off (recoveries):** |  |  |  |  |  |  |  |
| Multifamily residential | 372 | 1677 | 4 | (1) |  | 2053 | (1) |
| Commercial real estate | 1275 | 72 |  | 421 |  | 1347 |  |
| One-to-four family – mixed-use property | 20 |  |  |  |  | 20 | (2) |
| One-to-four family – residential |  |  |  | (41) | (58) |  | (47) |
| Small Business Administration | 271 | (4) | (40) | (4) | (1) | 227 | (97) |
| Taxi medallion |  |  |  |  |  |  |  |
| Commercial business and other | (848) | 804 | 4463 | 4361 | 3095 | 4419 | 3095 |
| &nbsp;&nbsp;Total net loan charge-offs (recoveries) | 1090 | 2549 | 4427 | 4736 | 3036 | 8066 | 2948 |
| &nbsp;&nbsp;Provision (benefit) for loan losses | 1680 | 3759 | 4312 | 4546 | 1730 | 9751 | 3129 |
| &nbsp;&nbsp;Ending balance | $41837 | $41247 | $40037 | $40152 | $40342 | $41837 | $40342 |
| Gross charge-offs | $2024 | $2857 | $4471 | $4790 | $3110 | $9352 | $3179 |
| Gross recoveries | 934 | 308 | 44 | 54 | 74 | 1286 | 231 |
| Allowance for credit losses - loans to gross loans | 0.63% | 0.62% | 0.59% | 0.60% | 0.59% | 0.63% | 0.59% |
| Net loan charge-offs (recoveries) to average loans | 0.07 | 0.15 | 0.27 | 0.28 | 0.18 | 0.16 | 0.06 |

---

**Nonperforming Assets**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 |
| **Nonaccrual Loans:** |  |  |  |  |  |
| Multifamily residential | 12970 | 12364 | 25952 | 11031 | 9478 |
| Commercial real estate | 21786 | 23481 | 6703 | 6283 | 6705 |
| One-to-four family - mixed-use property |  | 422 | 426 | 116 | 369 |
| One-to-four family - residential | 1351 | 2277 | 1225 | 1428 | 1493 |
| Small Business Administration | 554 | 2445 | 2445 | 2445 | 2445 |
| Commercial business and other | 8190 | 8258 | 9512 | 12015 | 13771 |
| &nbsp;&nbsp;Total Nonaccrual loans | 44851 | 49247 | 46263 | 33318 | 34261 |
| &nbsp;&nbsp;**Total Nonperforming Loans (NPLs)** | 44851 | 49247 | 46263 | 33318 | 34261 |
| **Other Nonperforming Assets:** |  |  |  |  |  |
| Real estate acquired through foreclosure |  |  |  |  |  |
| &nbsp;&nbsp;Total Other nonperforming assets |  |  |  |  |  |
| &nbsp;&nbsp;**Total Nonaccrual Securities** | 17278 | 16878 | 18000 | 18000 | 20627 |
| &nbsp;&nbsp;**Total Nonperforming Assets** | $62129 | $66125 | $64263 | $51318 | $54888 |
| Nonperforming Assets to Total Assets | 0.70% | 0.75% | 0.71% | 0.57% | 0.59% |
| Allowance for Credit Losses to NPLs | 93.3% | 83.8% | 86.5% | 120.5% | 117.7% |

---

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540014

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**RECONCILIATION OF GAAP EARNINGS (LOSS) and CORE EARNINGS**

<u>Non-cash Fair Value Adjustments to GAAP Earnings (Loss)</u>

The variance in GAAP earnings (loss) and core earnings is partly driven by the impact of non-cash net gains and losses from fair value adjustments. These fair value adjustments relate primarily to borrowings carried at fair value under the fair value option.

Core Net Income, Core Diluted EPS, Core ROAE, Core ROAA, Pre-provision Pre-tax Net Revenue, Core Net Interest Income FTE, Core Net Interest Margin FTE, Core Interest Income and Yield on Total Loans, Core Noninterest Income, Core Noninterest Expense and Tangible Book Value per common share are each non-GAAP measures used in this release. A reconciliation to the most directly comparable GAAP financial measures appears below in tabular form. The Company believes that these measures are useful for both investors and management to understand the effects of certain interest and noninterest items and provide an alternative view of the Company's performance over time and in comparison, to the Company's competitors. These measures should not be viewed as a substitute for net income. The Company believes that tangible book value per common share is useful for both investors and management as this measure is commonly used by financial institutions, regulators, and investors to measure the capital adequacy of financial institutions. The Company believes these measures facilitate comparison of the quality and composition of the Company's capital over time and in comparison, to its competitors. These measures should not be viewed as a substitute for total shareholders' equity.

These non-GAAP measures have inherent limitations, are not required to be uniformly applied and are not audited. They should not be considered in isolation or as a substitute for analysis of results reported under GAAP. These non-GAAP measures may not be comparable to similarly titled measures reported by other companies.

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540015

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**RECONCILIATION OF GAAP EARNINGS (LOSS) and CORE EARNINGS**

(Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the nine months ended  | For the nine months ended  |
| *(Dollars in thousands,*  | September 30,  | June 30, | March 31, | December 31, | September 30,  | September 30,  | September 30,  |
| *except per share data)* | 2025 | 2025 | 2025 | 2024 | 2024 | 2025 | 2024 |
| GAAP income (loss) before income taxes | $13678 | $18936 | $(5931) | $(71857) | $11457 | $26683 | $23590 |
| Net (gain) loss from fair value adjustments (Noninterest income (loss)) | 1831 | (1656) | 152 | 1136 | (974) | 327 | (197) |
| Net loss on sale of securities (Noninterest income (loss)) | (661) |  |  | 72315 |  | (661) |  |
| Life insurance proceeds (Noninterest income (loss)) |  |  |  | (284) | (1) |  | (1) |
| Valuation allowance on loans transferred to held for sale (Noninterest income (loss)) |  | (2590) | 194 | 3836 |  | (2396) |  |
| Net (gain) loss from fair value adjustments on hedges (Net interest income) | (94) | (64) | (56) | (2911) | (554) | (214) | (544) |
| Prepayment penalty on borrowings (Noninterest expense) |  |  |  | 2572 |  |  |  |
| Net amortization of purchase accounting adjustments and intangibles (Various)  | (113) | (176) | (167) | (101) | (62) | (456) | (316) |
| Impairment of goodwill (Noninterest expense) |  |  | 17636 |  |  | 17636 |  |
| Miscellaneous expense (Professional services) | 1053 | 395 | (1) | 218 | 10 | 1447 | 504 |
| Core income before taxes | 15694 | 14845 | 11827 | 4924 | 9876 | 42366 | 23036 |
| Provision for core income taxes | 3737 | 3683 | 3896 | 715 | 2153 | 11316 | 5545 |
| Core net income | $11957 | $11162 | $7931 | $4209 | $7723 | $31050 | $17491 |
| GAAP diluted earnings (loss) per common share | $0.30 | $0.41 | $(0.29) | $(1.64) | $0.30 | $0.43 | $0.60 |
| Net (gain) loss from fair value adjustments, net of tax | 0.04 | (0.04) |  | 0.03 | (0.03) |  | (0.01) |
| Net (gain) loss on sale of securities, net of tax | (0.01) |  |  | 1.65 |  | (0.01) |  |
| Life insurance proceeds |  |  |  | (0.01) |  |  |  |
| Valuation allowance on loans transferred to held for sale, net of tax |  | (0.06) |  | 0.09 |  | (0.06) |  |
| Net (gain) loss from fair value adjustments on hedges, net of tax |  |  |  | (0.05) | (0.01) |  | (0.01) |
| Prepayment penalty on borrowings, net of tax |  |  |  | 0.04 |  |  |  |
| Net amortization of purchase accounting adjustments, net of tax |  |  |  |  |  |  | (0.01) |
| Impairment of goodwill  |  |  | 0.51 |  |  | 0.51 |  |
| Miscellaneous expense, net of tax | 0.02 | 0.01 |  |  |  | 0.03 | 0.01 |
| Loss not attributable to participating securities |  |  |  | 0.03 |  |  |  |
| Core diluted earnings per common share<sup>(1)</sup> | $0.35 | $0.32 | $0.23 | $0.14 | $0.26 | $0.90 | $0.59 |
| Core net income, as calculated above | $11957 | $11162 | $7931 | $4209 | $7723 | $31050 | $17491 |
| Average assets | 8702227 | 8918075 | 9015880 | 9060481 | 9203884 | 8877578 | 8915076 |
| Average equity | 712600 | 709839 | 731592 | 662190 | 672762 | 717941 | 669845 |
| Core return on average assets<sup>(2)</sup> | 0.55% | 0.50% | 0.35% | 0.19% | 0.34% | 0.47% | 0.26% |
| Core return on average equity<sup>(2)</sup> | 6.71% | 6.29% | 4.34% | 2.54% | 4.59% | 5.77% | 3.48% |

---

------

<sup>(1)</sup> Core diluted earnings per common share may not foot due to rounding.

<sup>(2)</sup> Ratios are calculated on an annualized basis.

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540016

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**RECONCILIATION OF GAAP REVENUE and PRE-PROVISION** 

**PRE-TAX NET REVENUE** 

(Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the nine months ended  | For the nine months ended  |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  | September 30,  | September 30,  |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 | 2025 | 2024 |
| GAAP Net interest income | $53828 | $53209 | $52989 | $51235 | $45603 | $160026 | $130776 |
| Net (gain) loss from fair value adjustments on hedges | (94) | (64) | (56) | (2911) | (554) | (214) | (544) |
| Net amortization of purchase accounting adjustments | (191) | (257) | (252) | (191) | (155) | (700) | (608) |
| Core Net interest income | $53543 | $52888 | $52681 | $48133 | $44894 | $159112 | $129624 |
| GAAP Noninterest income (loss)  | $4746 | $10277 | $5074 | $(71022) | $6277 | $20097 | $13577 |
| Net (gain) loss from fair value adjustments | 1831 | (1656) | 152 | 1136 | (974) | 327 | (197) |
| Net loss on sale of securities | (661) |  |  | 72315 |  | (661) |  |
| (Reversal) Valuation allowance on loans transferred to held for sale  |  | (2590) | 194 | 3836 |  | (2396) |  |
| Life insurance proceeds |  |  |  | (284) | (1) |  | (1) |
| Core Noninterest income | $5916 | $6031 | $5420 | $5981 | $5302 | $17367 | $13379 |
| GAAP Noninterest expense | $43365 | $40356 | $59676 | $45630 | $38696 | $143397 | $117635 |
| Prepayment penalty on borrowings |  |  |  | (2572) |  |  |  |
| Net amortization of purchase accounting adjustments | (78) | (81) | (85) | (90) | (93) | (244) | (292) |
| Impairment of goodwill |  |  | (17636) |  |  | (17636) |  |
| Miscellaneous expense  | (1053) | (395) | 1 | (218) | (10) | (1447) | (504) |
| Core Noninterest expense | $42234 | $39880 | $41956 | $42750 | $38593 | $124070 | $116839 |
| Net interest income | $53828 | $53209 | $52989 | $51235 | $45603 | $160026 | $130776 |
| Noninterest income (loss) | 4746 | 10277 | 5074 | (71022) | 6277 | 20097 | 13577 |
| Noninterest expense | (43365) | (40356) | (59676) | (45630) | (38696) | (143397) | (117635) |
| Pre-provision pre-tax net (loss) revenue | $15209 | $23130 | $(1613) | $(65417) | $13184 | $36726 | $26718 |
| Core: |  |  |  |  |  |  |  |
| Net interest income | $53543 | $52888 | $52681 | $48133 | $44894 | $159112 | $129624 |
| Noninterest income | 5916 | 6031 | 5420 | 5981 | 5302 | 17367 | 13379 |
| Noninterest expense | (42234) | (39880) | (41956) | (42750) | (38593) | (124070) | (116839) |
| Pre-provision pre-tax net revenue | $17225 | $19039 | $16145 | $11364 | $11603 | $52409 | $26164 |
| Efficiency Ratio | 71.0% | 67.7% | 72.2% | 79.0% | 77.2% | 70.3% | 81.8% |

---

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540017

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**RECONCILIATION OF GAAP NET INTEREST INCOME and NET INTEREST MARGIN**

**to CORE NET INTEREST INCOME** 

(Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the three months ended  | For the nine months ended  | For the nine months ended  |
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  | September 30,  | September 30,  |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 | 2025 | 2024 |
| GAAP net interest income | $53828 | $53209 | $52989 | $51235 | $45603 | $160026 | $130776 |
| Net (gain) loss from fair value adjustments on hedges | (94) | (64) | (56) | (2911) | (554) | (214) | (544) |
| Net amortization of purchase accounting adjustments | (191) | (257) | (252) | (191) | (155) | (700) | (608) |
| Tax equivalent adjustment | 96 | 96 | 96 | 98 | 100 | 288 | 298 |
| Core net interest income FTE | $53639 | $52984 | $52777 | $48231 | $44994 | $159400 | $129922 |
| Episodic items <sup>(1)</sup> | (1498) | (878) | (294) | (648) | (1647) | (2670) | (2944) |
| Net interest income FTE excluding episodic items | $52141 | $52106 | $52483 | $47583 | $43347 | $156730 | $126978 |
| Total average interest-earning assets <sup>(2)</sup> | $8183818 | $8405053 | $8471609 | $8590022 | $8712443 | $8352437 | $8437288 |
| Core net interest margin FTE | 2.62% | 2.52% | 2.49% | 2.25% | 2.07% | 2.54% | 2.05% |
| Net interest margin FTE excluding episodic items | 2.55% | 2.48% | 2.48% | 2.22% | 1.99% | 2.50% | 2.01% |
| GAAP interest income on total loans, net <sup>(3)</sup> | $94970 | $94758 | $92368 | $94104 | $95780 | $282096 | $281467 |
| Net (gain) loss from fair value adjustments on hedges - loans | (94) | (64) | (56) | 29 | (364) | (214) | (378) |
| Net amortization of purchase accounting adjustments | (195) | (260) | (252) | (216) | (168) | (707) | (661) |
| Core interest income on total loans, net | $94681 | $94434 | $92060 | $93917 | $95248 | $281175 | $280428 |
| Average total loans, net <sup>(2)</sup> | $6597315 | $6681009 | $6674665 | $6783264 | $6740579 | $6650712 | $6766650 |
| Core yield on total loans | 5.74% | 5.65% | 5.52% | 5.54% | 5.65% | 5.64% | 5.53% |

---

------

<sup>(1)</sup> Episodic items include prepayment penalty income, net reversals and recovered interest from nonaccrual and delinquent loans, and swap terminations fees.

<sup>(2)</sup> Excludes purchase accounting average balances for all periods presented.

<sup>(3)</sup> Excludes interest income from loans held for sale.

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540018

------

![Graphic](ffic-20251029xex99002.jpg)

**FLUSHING FINANCIAL CORPORATION and SUBSIDIARIES**

**CALCULATION OF TANGIBLE STOCKHOLDERS'**

**COMMON EQUITY to TANGIBLE ASSETS**

(Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | September 30,  | June 30, | March 31, | December 31, | September 30,  |
| *(Dollars in thousands)* | 2025 | 2025 | 2025 | 2024 | 2024 |
| Total Equity | $711226 | $706377 | $702851 | $724539 | $666891 |
| Less: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodwill |  |  |  | (17636) | (17636) |
| &nbsp;&nbsp;&nbsp;&nbsp;Core deposit intangibles | (854) | (940) | (1029) | (1123) | (1220) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tangible Stockholders' Common Equity | $710372 | $705437 | $701822 | $705780 | $648035 |
| Total Assets | $8871991 | $8776524 | $9008396 | $9038972 | $9280886 |
| Less: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodwill |  |  |  | (17636) | (17636) |
| &nbsp;&nbsp;&nbsp;&nbsp;Core deposit intangibles | (854) | (940) | (1029) | (1123) | (1220) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tangible Assets | $8871137 | $8775584 | $9007367 | $9020213 | $9262030 |
| Tangible Stockholders' Common Equity to Tangible Assets | 8.01% | 8.04% | 7.79% | 7.82% | 7.00% |

---

Investor Contact: Susan K. Cullen, SEVP, CFO and Treasurer, 718-961-540019

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