Financial Data and Key Metrics Changes - The company reported a tangible book value per share increase from $11.58 to $11.79 over the past 12 months, indicating a positive trend in shareholder value [21] - The company achieved a quarter-over-quarter growth of approximately 3%, with end-of-May balances reaching $1.57 billion [33] Business Line Data and Key Metrics Changes - The multifamily loan generation has shown consistent growth, with originations settling around $30 million per quarter, marking the fourth consecutive quarter of increases [12][29] - Equipment finance has experienced its fourth consecutive quarter of growth, with a better mix in commercial and small ticket contributing positively [16][31] - The company expects to maintain a growth target of $40 million at a 4% growth rate, with potential for stronger performance in the fourth quarter [34] Market Data and Key Metrics Changes - The company is observing a potential increase in sales due to capital gains legislation, which could impact the multifamily portfolio's performance in the second half of the year [14] - The healthcare sector is expected to lag in growth, with liquidity levels remaining high among clients, indicating a cautious outlook for the third quarter [32] Company Strategy and Development Direction - The company is focusing on expanding its commercial asset generation capabilities, particularly in equipment finance and government contracting [10][26] - There is an emphasis on organic growth through talent acquisition in commercial finance and real estate, with a goal to enhance product offerings [36][38] - The company is open to opportunistic acquisitions, particularly in non-bank sectors, while being cautious about community bank acquisitions that may dilute earnings [60][64] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential for margin expansion as origination rates exceed payoff rates, indicating a positive trend for interest income [44] - The company is actively managing expenses, with expectations for a reduction in one-time costs in the upcoming quarters [19][66] - The management remains cautious about the impact of external factors, such as interest rates and legislative changes, on loan growth and portfolio performance [14][42] Other Important Information - The trust department is expanding its assets under management, focusing on closely held businesses, which presents a unique market opportunity [51] - Treasury services are set to launch new technology, with initial customers expected to generate significant fee income [52] Q&A Session Summary Question: Trends on the expense line - Management acknowledged higher expenses due to one-time costs related to asset resolution and transitioning to a new data platform, expecting expenses to stabilize around $9.6 million to $10 million per quarter [7][9] Question: Loan growth driven by commercial payoff trends - Management noted steady origination rates in real estate and expressed concerns about potential sales impacting growth, particularly due to capital gains legislation [11][14] Question: Share repurchase strategy - The company has repurchased 650,000 shares this year and plans to continue, with a focus on maintaining a tier one leverage ratio [19][20] Question: Expectations for equipment finance growth - Management expects to sustain and potentially increase growth in equipment finance, with a focus on government and renewable energy sectors [26][31] Question: Credit quality and reserving outlook - Management indicated a stable credit quality with zero deferrals in the real estate portfolio, expecting some recovery of reserves while maintaining a cautious approach to new originations [45][47] Question: Recent M&A activity - Management is open to evaluating M&A opportunities that align with their growth strategy but is currently focused on organic growth [57][64] Question: PPP program status - The company reported over $100,000 in flow-through income from PPP forgiveness in Q2, expecting this trend to continue for the next few quarters [67][68]

Financial Performance - The company reported a net income of $1.9 million, or $0.13 per common share for the quarter ended June 30, 2021[110]. - Net income for the three months ended June 30, 2021, was $1.9 million, compared to $2.4 million for the same period in 2020[128]. - Net income was $3.4 million for the six months ended June 30, 2021, compared to $4.8 million for the same period in 2020[142]. - Net interest income was $21.4 million for the six months ended June 30, 2021, compared to $23.3 million for the same period in 2020, reflecting an 18.3% decrease in interest income[143]. - Noninterest income increased by $263,000, or 22.6%, to $1.4 million for the three months ended June 30, 2021, compared to $1.2 million for the same period in 2020[138]. - Noninterest income rose by $123,000, or 4.8%, to $2,684,000 for the six months ended June 30, 2021, compared to $2,561,000 for the same period in 2020[152]. Assets and Liabilities - Total assets increased to $1.657 billion, with total loans at $1.032 billion and total deposits at $1.439 billion[110]. - Total assets increased by $59.8 million, or 3.7%, to $1.657 billion at June 30, 2021, from $1.597 billion at December 31, 2020[123]. - Total liabilities increased by $66.3 million, or 4.7%, to $1.490 billion at June 30, 2021, from $1.424 billion at December 31, 2020[127]. - Total deposits rose by $16.5 million, primarily due to a $28.2 million increase in core retail and business deposits[112]. - Total deposits increased by $45.0 million, or 3.2%, to $1.439 billion at June 30, 2021, from $1.394 billion at December 31, 2020[127]. Loan Performance - Total net loans increased by $3.3 million, with commercial loans and leases rising by $24.8 million (5.6%) compared to the previous quarter[111]. - The company's ratio of nonperforming loans to total loans was 0.09%, with nonperforming assets to total assets decreasing to 0.16%[115]. - The allowance for loan losses as a percentage of nonperforming loans was 775.68% at June 30, 2021, compared to 634.81% at December 31, 2020[137]. - The company recorded a recovery of loan losses of $678,000 for the three months ended June 30, 2021, compared to a provision for loan losses of $42,000 for the same period in 2020[136]. - The provision for loan losses recorded a recovery of $1,000,000 for the six months ended June 30, 2021, compared to a provision of $513,000 for the same period in 2020[150]. Interest Income and Expenses - Net interest income increased by $195,000, while noninterest income rose by $168,000 due to higher fees on retail deposit accounts and loans[114]. - Net interest income decreased by $0.5 million, or 4.4%, to $10.8 million for the three months ended June 30, 2021, compared to $11.3 million for the same period in 2020[129]. - The yield on interest-earning assets decreased by 67 basis points to 2.93% for the three months ended June 30, 2021, from 3.60% for the same period in 2020[130]. - The net interest rate spread decreased by 23 basis points to 2.67% for the three months ended June 30, 2021, from 2.90% for the same period in 2020[130]. - The company’s net interest margin decreased by 48 basis points to 2.78% for the six months ended June 30, 2021, from 3.26% for the same period in 2020[145]. Capital and Ratios - The Tier 1 leverage ratio remained strong at 10.05% as of June 30, 2021[116]. - The Community Bank Leverage Ratio was 10.03% as of June 30, 2021, exceeding the minimum requirement of 8%[172]. - The Bank maintained a Tier 1 leverage ratio of at least 7.5% and a total risk-based capital ratio of at least 10.5% as per its Regulatory Capital Plans[175]. - The effective tax rate for the six months ended June 30, 2021, was 26.6%, compared to 26.2% for the same period in 2020[155]. Shareholder Returns - The company repurchased 504,939 common shares during the quarter, increasing the book value per common share to $11.79[116]. - The Company declared cash dividends of $0.20 per share for both the six months ended June 30, 2021, and June 30, 2020[177]. Interest Rate Risk Management - The Bank has shifted focus from residential mortgage loans to nonresidential real estate loans, multi-family mortgage loans, and commercial loans to better manage interest rate risk[182]. - In the event of a 25 basis point decrease in interest rates, the Bank expects a 2.81% decrease in net portfolio value (NPV) and a decrease of $174 thousand in net interest income[187]. - A 200 basis point increase in interest rates would result in a 5.08% increase in NPV and an increase of $7.0 million in net interest income[187]. - The dynamic GAP analysis indicates mismatches in the timing of asset and liability repricing, which is crucial for assessing interest rate risk[185]. - The Bank actively monitors interest rate risk through various analyses, including economic value of equity analysis and net interest income analysis[183].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share BFIN The NASDAQ Stock Market LLC Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended March 31, 2021 or ☐ TRANSITION R ...

BankFinancial Corporation (NASDAQ:BFIN) Q1 2021 Earnings Conference Call April 21, 2021 10:30 AM ET Company Participants F. Morgan Gasior - Chairman & Chief Executive Officer Conference Call Participants David Konrad - D.A. Davidson Kevin Roth - Allstate Investment Brian Martin - Janney Montgomery Operator Good day and thank you for standing by. Welcome to the BankFinancial Corp Q1 Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker presentation, there will ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share BFIN The NASDAQ Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Comm ...

BankFinancial Corp. (NASDAQ:BFIN) Q4 2020 Earnings Conference Call February 3, 2021 10:30 AM ET Company Participants F. Morgan Gasior - Chairman & Chief Executive Officer Conference Call Participants David Konrad - DA Davidson Brian Martin - Jamie Montgomery Operator Good morning ladies and gentlemen, and welcome to the BankFinancial Corp, Q4, and year-to-date 2020 review. At this time all participants are in a listen only mode. Later we will conduct a question and answer session and instructions will follo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share BFIN The NASDAQ Stock Market LLC Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended September 30, 2020 or ☐ TRANSITI ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share BFIN The NASDAQ Stock Market LLC Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☒ Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended June 30, 2020 or ☐ TRANSITION RE ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share BFIN The NASDAQ Stock Market LLC Non-accelerated filer ¨ Smaller reporting company x Emerging growth company ¨ FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended March 31, 2020 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share BFIN The NASDAQ Stock Market LLC FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number ...