Financial Data and Key Metrics Changes - The company reported a GAAP EPS of $0.17 and core EPS of $0.10 for Q1 2023, impacted by net interest margin compression and a charge-off of a previously identified credit [43][44] - Average total deposits increased by 2% during the quarter and 6% year-over-year, with a loan to deposit ratio decreasing to 102% from 107% [26][46] - The net interest margin (NIM) declined by 43 basis points to 2.7% during the quarter, with expectations of continued compression as long as the Fed raises rates [29][62] Business Line Data and Key Metrics Changes - The loan portfolio saw a 5% year-over-year increase but was down less than 1% quarter-over-quarter, with loan closings lower than recent run rates [27][46] - Core loan yields increased by 17 basis points during the quarter, with yields on loan closings exceeding those on satisfactions by 113 basis points [27][46] - Non-performing assets declined by 21%, and delinquencies decreased by 16 basis points during the quarter [46][50] Market Data and Key Metrics Changes - The company has $1.2 billion of deposits and $810 million of loans in Asian markets, representing 18% of total deposits with only 3% market share, indicating significant growth opportunities [23] - The digital banking platform continues to grow, with high growth rates in mobile deposit users and digital banking enrollment [24][46] Company Strategy and Development Direction - The company aims to move towards a more interest rate risk-neutral balance sheet, having achieved 40% of this goal [43][62] - Focus on risk-adjusted returns and profitability, with an emphasis on recession-proof industries and tightening discretionary expenses [43][44] - The company is expanding its client base and enhancing customer service to capitalize on market disruptions [43][44] Management's Comments on Operating Environment and Future Outlook - Management expressed disappointment with current results but is optimistic about future profitability due to decisive actions taken [43][44] - The expectation is that the NIM will begin to expand once funding costs stabilize and loans continue to reprice higher [29][62] - The company remains comfortable with its low-risk loan portfolio, with over 88% secured by real estate and a debt service coverage ratio of 1.9 times [45][49] Other Important Information - The company has $3.7 billion of available liquidity, which is over three times the amount of uninsured and uncollateralized deposits [21][46] - The investment security portfolio is valued at $886 million, with 53% classified as floating rate [33] Q&A Session Summary Question: How much more in C&I loan participations do you have? - Management confirmed they re-underwrite loans to conservative standards before participation [1] Question: Is the target TCE ratio still around 8%? - Management indicated that buybacks may slow or cease as they are currently below that target [2][89] Question: Where do you think the margin bottoms out? - Management noted intense competition in the market but expects less intensity moving forward [3] Question: What specific areas are being looked at for credit quality? - Management is focused on recession-proof industries and maintaining strong standards in real estate [75] Question: What is the expected impact of the Fed's rate changes on NIM? - Management expects NIM to benefit from contractual repricing of the loan portfolio once the Fed pauses rate increases [98][100]

See Appendix for definitions of Core NII FTE, Core NIM, and Core Loan Yields 32 Book Value and Tangible Book Value Per Share Grow in 2022 $15. 00 $16. 00 $17. 00 $18. 00 $19. 00 $20. 00 $21. 00 $22. 00 $23. 00 $24. 00 5.00% 6.00% 7.00% 8.00% 9.00% 10.00% 11.00% 12.00% 13.00% 14.00% 15.00% Tangible Book Value Per Share Tangible Common Equity/Tangible Assets Book Value Per Share CET1 Ratio Leverage Ratio 33 See more details in our ESG Report under Investor Relations at FlushingBank.com | --- | --- | --- | --- ...

Table of Contents 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, 2022 Commission file number 001-33013 FLUSHING FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 11-3209278 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 220 RXR Plaza, Uniondale, New York 11556 (Ad ...

Flushing Financial Corporation (NASDAQ:FFIC) Q4 2022 Earnings Conference Call January 27, 2022 9:30 AM ET Company Participants John Buran - President & Chief Executive Officer Susan Cullen - Senior Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants Christopher O'Connell - KBW Manuel Navas - D.A. Davidson Operator Welcome to Flushing Financial Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call. Hosting the call today are John Buran, President and ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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, 2022 Commission file number 001-33013 FLUSHING FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 11-3209278 (I.R.S. Employer Identification No.) 220 RXR Plaza, Uniondale, New York ...

Flushing Financial Corporation (NASDAQ:FFIC) Q3 2022 Earnings Conference Call October 26, 2022 9:30 AM ET Company Participants John Buran - President, Chief Executive Officer and Director Susan Cullen - Senior Executive Vice President, Treasurer and Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Christopher O'Connell - KBW Manuel Navas - D.A. Davidson Operator Welcome to Flushing Financial Corporation's Third Quarter 2022 Earnings Conference Call. Hosting the call today ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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, 2022 Commission file number 001-33013 FLUSHING FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 11-3209278 (I.R.S. Employer Identification No.) 220 RXR Plaza, Uniondale, New York 11556 ...

2Q22 Earnings Conference Call Personal Business Lending Government July 27, 2022 Small enough to know you. Large enough to help you.8 Safe Harbor Statement "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Presentation 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 mea ...

Flushing Financial Corporation (NASDAQ:FFIC) Q2 2022 Earnings Conference Call July 27, 2022 9:30 AM ET Company Participants John Buran – President and Chief Executive Officer Susan Cullen – Senior Executive Vice President and Chief Financial Officer Conference Call Participants Mark Fitzgibbon – Piper Sandler Chris O’Connell – KBW Manuel Navas – D.A. Davidson Operator Welcome to Flushing Financial Corporation's Second Quarter 2022 Earnings Conference Call. Hosting the call today are John Buran, President an ...

Stockbroker Club Presentation Personal Business Lending Government May 4, 2022 Small enough to know you. Large enough to help you.8 Safe Harbor Statement "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Presentation 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 meani ...