Overview
- IndustryState Commercial Banks1
- HeadquartersUniondale, New York1
- Incorporated inDE2
- Business address220 Rxr Plaza, Uniondale, Ny 115562
- Filer categoryAccelerated filer2
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The Holding Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III, and Flushing Financial Capital Trust IV (the “Trusts”), which are special purpose business trusts formed to issue a total of $60.0 million of capital securities and $1.9 million of common securities (which are the only voting securities). The Holding Company owns 100% of the common securities of the Trusts. The Trusts used the proceeds from the issuance of these securities to purchase junior subordinated debentures from the Holding Company. The Trusts are not included in our consolidated financial statements as we would not absorb the losses of the Trusts if losses were to occur.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Income tax45¢$15.6M
- Profit55¢$18.9M
Out of $7.5M in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending9¢$5.2M
- Dividends paid50¢$30.3M
- Kept or used elsewhere42¢$25.5M
Out of $61.0M of cash from operations.4
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.7M5 | $4.5M6 | $6.0M7 | $5.1M8 | $8.7M4 | $6.9M4 | $7.5M4 |
| Interest | $117.0M5 | $69.1M6 | $40.6M7 | $73.0M7 | $222.3M7 | ||
| Income before tax | $109.3M7 | $104.9M8 | $39.8M4 | -$48.3M4 | $34.5M4 | ||
| Income tax | $12.1M5 | $10.5M6 | $27.5M7 | $27.9M8 | $11.2M4 | -$16.9M4 | $15.6M4 |
| Net income | $41.3M5 | $34.7M6 | $81.8M7 | $76.9M8 | $28.7M4 | -$31.3M4 | $18.9M4 |
| Earnings per share | $1.445 | $1.186 | $2.597 | $2.508 | $0.964 | -$1.074 | $0.544 |
| Earnings per share (diluted) | $1.445 | $1.186 | $2.597 | $2.508 | $0.964 | -$1.074 | $0.544 |
| Shares (weighted, basic) | 31.6M shares6 | 30.8M shares6 | 29.5M shares4 | 29.5M shares4 | 33.9M shares4 | ||
| Shares (weighted, diluted) | 31.6M shares7 | 30.8M shares8 | 29.9M shares8 | 29.9M shares8 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash | $49.8M12 | $157.4M5 | $81.7M5 | $151.8M4 | $172.2M4 | $152.6M4 | $126.1M4 |
| Property, plant and equipment | $23.3M6 | $21.8M7 | $21.3M8 | $17.9M4 | $17.7M4 | ||
| Goodwill | $17.6M6 | $17.6M7 | $17.6M8 | $17.6M4 | |||
| Total assets | $7.0B12 | $8.0B5 | $8.0B6 | $8.4B7 | $8.5B8 | $9.0B4 | $8.7B4 |
| Total liabilities | $6.4B12 | $7.4B5 | $7.4B6 | $7.7B7 | $7.9B8 | $8.3B4 | $8.0B4 |
| Retained earnings | $497.9M6 | $547.5M7 | $549.7M8 | $492.0M4 | $480.4M4 | ||
| Shareholders’ equity | $579.7M6 | $619.0M7 | $679.6M8 | $677.2M4 | $669.8M4 | $724.5M4 | $708.0M4 |
| Shares outstanding | 28.2M shares12 | 30.8M shares5 | 30.5M shares6 | 29.5M shares7 | 28.9M shares8 | 33.7M shares4 | 33.8M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $63.8M5 | $71.3M6 | $88.6M7 | $85.8M8 | $34.6M4 | $12.4M4 | $61.0M4 |
| Depreciation and amortization | $6.4M7 | $5.9M8 | $6.0M4 | $5.7M4 | $5.3M4 | ||
| Stock-based compensation | $6.8M7 | $6.8M8 | $5.6M4 | $2.5M4 | $3.2M4 | ||
| Capital spending | $4.2M5 | $2.5M6 | $3.7M7 | $4.3M8 | $5.5M4 | $2.3M4 | $5.2M4 |
| Free cash flow | $59.6M | $68.8M | $84.9M | $81.4M | $29.1M | $10.1M | $55.8M |
| Cash from investing | -$106.8M7 | -$351.8M8 | -$94.3M4 | -$505.6M4 | $246.5M4 | ||
| Dividends paid | $24.1M5 | $24.8M6 | $26.5M7 | $27.0M8 | $26.3M4 | $26.0M4 | $30.3M4 |
| Share buybacks | $2.7M5 | $3.9M6 | $11.4M7 | $27.2M8 | $11.5M4 | ||
| Cash from financing | -$57.5M7 | $336.1M8 | $80.1M4 | $473.6M4 | -$334.1M4 | ||
| Dividend per share | $0.845 | $0.846 | $0.847 | $0.224 | $0.888 | $0.224 | $0.224 |
Corporate structure
FLUSHING FINANCIAL CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FLUSHING FINANCIAL CORP
- Bay Pond Partners, L.P. Filed SCHEDULE 13G/A on FLUSHING FINANCIAL CORP, latest Aug 13, 2026 (2 filings since Jan 23, 2026)
- Wellington Management Company Filed SCHEDULE 13G/A on FLUSHING FINANCIAL CORP, latest Aug 13, 2026 (6 filings since Feb 4, 2022)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on FLUSHING FINANCIAL CORP, latest Mar 26, 2026 (3 filings since Feb 9, 2023)
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on FLUSHING FINANCIAL CORP, latest Oct 9, 2025 (5 filings since Feb 8, 2022)
- GAMCO Investors Filed SCHEDULE 13D/A on FLUSHING FINANCIAL CORP, latest Aug 21, 2025 (3 filings since Jul 10, 2023)
- BlackRock Filed SCHEDULE 13G/A on FLUSHING FINANCIAL CORP, latest Feb 5, 2025
- FRONTIER CAPITAL MANAGEMENT CO LLC Filed SCHEDULE 13G/A on FLUSHING FINANCIAL CORP, latest Jan 16, 2025 (4 filings since Jan 31, 2022)
- FLUSHING FINANCIAL CORP Uniondale, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FLUSHING FINANCIAL CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $92.6M4 Dec 31, 2025 | $87.4M4 Dec 31, 2024 | +6.0% |
| Accumulated depreciation | $74.9M4 Dec 31, 2025 | $69.5M4 Dec 31, 2024 | +7.7% |
| Property and equipment, net | $17.7M4 Dec 31, 2025 | $17.9M4 Dec 31, 2024 | −0.7% |
| Operating-lease assets (leased space) | $53.1M4 Dec 31, 2025 | $45.8M4 Dec 31, 2024 | +16.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Loans, net of allowance | $6.6B4 Dec 31, 2025 | $6.7B4 Dec 31, 2024 | −1.4% |
| Deposits held (banks) | $7.3B4 Dec 31, 2025 | $7.2B4 Dec 31, 2024 | +1.8% |
Intangibles and goodwill
Properties, in its own words
As of December 31, 2025, the Bank conducted its business through 30 full-service offices and its Internet Branch. The Company neither owns nor leases any property but instead uses the premises and equipment of the Bank.
Item 2 of the 10-K filed Mar 6, 2026.3
Leadership
Who has led FLUSHING FINANCIAL CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJohn R. Buran Jan 24, 2006 to now13
- PresidentJohn R. Buran Jan 24, 2006 to now13
- Chief financial officerDavid W. Fry Jun 19, 2006 to Aug 30, 201114
- Chief operating officerMaria A. Grasso May 2, 2006 to now15
Board members and other officers (44)
- SEVPDouglas J. McClintock Jan 13, 2022 to now16
- Senior Executive Vice PresidenThomas Buonaiuto Nov 9, 2020 to now17
- Executive Vice PresidentKenneth E. Tays Jun 1, 2016 to Jun 1, 201618
- Senior Vice PresidentFrank Akalski Dec 11, 2014 to Jan 28, 201619
- Senior Vice PresidentMichael Bingold May 31, 2013 to now20
- Senior Vice PresidentCaterina Depasquale Jan 7, 2010 to Sep 21, 201621
- Senior Vice PresidentLeeann Tannuzzo Jan 7, 2010 to Jul 30, 201322
- Senior Vice PresidentGary P. Liotta Apr 14, 2010 to Aug 16, 201623
- Senior Vice PresidentLaura J. Walsh Oct 8, 2010 to Jan 31, 201324
- Senior Vice PresidentPaul W. Ho Oct 7, 2009 to Jan 31, 201425
- Senior Vice PresidentSoohyun Suh Jan 4, 2008 to Jun 17, 200926
- Senior Vice PresidentPatricia Hafner-Mezeul Jan 29, 2008 to Feb 2, 201627
- Senior Vice PresidentBarbara A. Beckmann Mar 7, 2008 to Nov 22, 201628
- Senior Vice PresidentAstrid Burrowes Apr 9, 2008 to now29
- Senior Vice PresidentBrewer M. Allen Dec 10, 2008 to Nov 21, 201630
- Senior Vice PresidentChris Hwang Jan 3, 2007 to Jun 21, 200731
- Senior Vice PresidentJeoung Jin Feb 9, 2007 to Aug 17, 201632
- Senior Vice PresidentRonald Hartmann Feb 9, 2007 to Feb 25, 201633
- Executive Vice PresidentMaria A. Grasso Jun 21, 2007 to now34
- Senior Vice PresidentRobert G. Kiraly Jun 21, 2007 to Feb 2, 201635
- Senior Vice PresidentW. Jeffrey Weichsel Jun 21, 2007 to Feb 2, 201536
- Senior Vice PresidentRuth Filiberto Sep 28, 2007 to Aug 11, 201637
- Senior Vice PresidentRobert L. Callicutt Feb 1, 2006 to Feb 14, 200738
- Senior Vice PresidentAnna M. Piacentini Feb 14, 2006 to Feb 13, 200739
- Senior Vice PresidentDavid W. Fry Feb 14, 2006 to Feb 2, 201640
- Senior Vice PresidentFrancis W. Korzekwinski Feb 14, 2006 to now41
- Senior Vice PresidentHenry A. Braun Feb 14, 2006 to Nov 19, 200742
- Senior Vice PresidentTheresa Kelly Jun 2, 2006 to now43
- Board memberDouglas C. Manditch Nov 9, 2020 to now44
- Board memberMichael A. Azarian Feb 8, 2019 to now45
- Board memberCaren C. Yoh May 5, 2015 to now46
- Board memberAlfred A. Dellibovi Jul 10, 2014 to now47
- Board memberThomas S. Gulotta Aug 1, 2013 to Jan 31, 201948
- Board memberSam Sang Ki Han Sep 5, 2007 to now49
- Board memberJohn R. Buran Jan 24, 2006 to now13
- Board memberLouis C. Grassi Feb 3, 2006 to now50
- Board memberVincent F. Nicolosi Feb 6, 2006 to Jun 20, 201451
- Board memberJohn E. Roe Sr. Feb 8, 2006 to Jan 31, 201952
- Board memberMichael J. Hegarty Feb 14, 2006 to Feb 1, 201653
- Board memberDonna M. Obrien Jun 5, 2006 to now54
- Board memberFranklin F. Regan Jr. Jun 5, 2006 to Jun 3, 200855
- Board memberGerard P. Tully Sr. Jun 5, 2006 to Feb 1, 201356
- Board memberMichael J. Russo Jun 5, 2006 to Feb 1, 202257
- Board memberSteven J. Diorio Jun 5, 2006 to now58
Timeline
- Jun 1, 20268-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights59
- Apr 28, 20268-K Results of operations60
- Apr 27, 20268-K Other events61
- Apr 7, 20268-K Shareholder vote; Other events62
- Mar 24, 20268-K Regulation FD disclosure63
- Feb 25, 20268-K Regulation FD disclosure64
- Jan 27, 20268-K Results of operations65
- Jan 5, 20268-K Entered a material agreement; Executive or director change66
- Dec 30, 20258-K Regulation FD disclosure; Other events67
- Dec 17, 20258-K Other events68
- Nov 24, 20258-K Regulation FD disclosure69
- Oct 29, 20258-K Regulation FD disclosure70
- Jan 24, 2006New chief executive John R. Buran becomes CEO13
Calendar
When it reported results
- Apr 28, 2026Reported quarterly or annual results60
- Jan 27, 2026Reported quarterly or annual results65
- Oct 29, 2025Reported quarterly or annual results71
- Jul 24, 2025Reported quarterly or annual results72
- Apr 29, 2025Reported quarterly or annual results73
- Jan 28, 2025Reported quarterly or annual results74
- Oct 24, 2024Reported quarterly or annual results75
- Jul 29, 2024Reported quarterly or annual results76
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
454 filings to the SEC since October 2021: 7 annual reports, 17 quarterly reports, 107 major events, 225 insider forms, 27 large holders, 71 other. The latest 20:
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Jun 11, 202615-12G EDGAR
- Jun 3, 20264 PRIMARY DOCUMENT EDGAR
- Jun 3, 20264 PRIMARY DOCUMENT EDGAR
- Jun 3, 20264 PRIMARY DOCUMENT EDGAR
- Jun 3, 20264 PRIMARY DOCUMENT EDGAR
- Jun 3, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 2026EFFECT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
- Jun 2, 20264 PRIMARY DOCUMENT EDGAR
The 454 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
30 open-market trades by officers, directors and large owners since October 2021: 12 buys and 18 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 21, 2026 | BURAN JOHN RPresident & CEO | Sale | 36,239 | $15.83 | $573.7K | Form 4 |
| May 8, 2026 | BUONAIUTO THOMASSEVP | Sale | 11,000 | $15.96 | $175.6K | Form 4 |
| Feb 2, 2026 | BUONAIUTO THOMASSEVP | Sale | 1,570 | $16.20 | $25.4K | Form 4 |
| Jan 30, 2026 | BUONAIUTO THOMASSEVP | Sale | 1,311 | $15.67 | $20.5K | Form 4 |
| Mar 12, 2025 | Bingold MichaelSr. EVP | Sale | 5,750 | $12.97 | $74.6K | Form 4 |
| Mar 12, 2025 | BUONAIUTO THOMASSEVP | Sale | 6,800 | $12.92 | $87.9K | Form 4 |
| Dec 12, 2024 | McClintock Douglas JSr. EVP | Buy | 3,278 | $15.25 | $50.0K | Form 4 |
| Dec 12, 2024 | Azarian Michael ADirector | Buy | 1,180 | $15.25 | $18.0K | Form 4 |
| Dec 12, 2024 | Cullen SusanSr. EVP and CFO | Buy | 2,623 | $15.25 | $40.0K | Form 4 |
| Dec 12, 2024 | Bingold MichaelSr. EVP | Buy | 1,000 | $15.25 | $15.2K | Form 4 |
| Dec 12, 2024 | Kelly TheresaEVP | Buy | 1,311 | $15.25 | $20.0K | Form 4 |
| Dec 12, 2024 | Grasso Maria ASr. EVP & COO | Buy | 1,000 | $15.25 | $15.2K | Form 4 |
| Dec 12, 2024 | KORZEKWINSKI FRANCIS WSr. EVP | Buy | 2,295 | $15.25 | $35.0K | Form 4 |
| Dec 12, 2024 | BURAN JOHN RPresident & CEO | Buy | 2,295 | $15.25 | $35.0K | Form 4 |
| Dec 12, 2024 | BUONAIUTO THOMASSEVP | Buy | 1,311 | $15.25 | $20.0K | Form 4 |
| Nov 1, 2024 | Han Sam Sang KiDirector | Sale | 10,000 | $15.47 | $154.7K | Form 4 |
| Oct 31, 2024 | Burrowes AstridEVP | Sale | 8,000 | $16.19 | $129.5K | Form 4 |
| Aug 20, 2024 | Grasso Maria ASr. EVP & COO | Sale | 4,500 | $13.49 | $60.7K | Form 4 |
| May 10, 2024 | Cullen SusanSr. EVP and CFO | Buy | 600 | $12.46 | $7.5K | Form 4 |
| Feb 29, 2024 | KORZEKWINSKI FRANCIS WSr. EVP | Sale | 4,851 | $13.04 | $63.3K | Form 4 |
All 30 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Bay Pond Partners, L.P.SCHEDULE 13G/A, 2 filings Jan 23, 2026 to Aug 13, 202677
- Wellington Management CompanySCHEDULE 13G/A, 6 filings Feb 4, 2022 to Aug 13, 202678
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Feb 9, 2023 to Mar 26, 202679
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 5 filings Feb 8, 2022 to Oct 9, 202580
- GAMCO InvestorsSCHEDULE 13D/A, 3 filings Jul 10, 2023 to Aug 21, 202581
- BlackRockSCHEDULE 13G/A, 1 filing Feb 5, 202582
- FRONTIER CAPITAL MANAGEMENT CO LLCSCHEDULE 13G/A, 4 filings Jan 31, 2022 to Jan 16, 202583
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | John R. Buran | 75 | $1.2M | $2.4M84 |
| 2024 | Maria A. Grasso | 60 | $596.2K | $1.2M84 |
| 2024 | Francis W. Korzekwinski | 62 | $518.1K | $1.0M84 |
| 2024 | Susan K. Cullen | 59 | $513.5K | $1.0M84 |
| 2024 | Michael Bingold | 62 | $440.0K | $913.9K84 |
| 2023 | President and Chief Executive | $1.1M | $2.0M84 | |
| 2023 | Senior Executive VicePresident, | $489.2K | $951.4K84 | |
| 2022 | Officer of the Company and the Bank | $1.1M | $2.4M84 | |
| 2022 | President and Chief OperatingOfficer of the Company and the Bank, and Corporate Secretary | $542.0K | $1.2M84 | |
| 2022 | and Chief of Real Estate Lending of the Company and the Bank | $471.0K | $1.0M84 | |
| 2022 | Treasurer and Chief Financial Officer of the Companyand the Bank | $466.5K | $1.0M84 | |
| 2022 | and Chief Retail and Client Development Officer of the Company and the Bank | $399.4K | $922.9K84 |
SEC filer profile
How FLUSHING FINANCIAL CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFLUSHING FINANCIAL CORP1
- CIK0000923139
- Employer ID (EIN)11-32092783
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)6022 State Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address220 Rxr Plaza, Uniondale, NY 115561
- Phone718-961-54001
- Shares outstanding33,883,626 as of Apr 30, 202611
- Public float$378.5M as of Jun 30, 20253
- AuditorBDO USA, P.C., New York, New York PCAOB ID 243; it also attests to the company’s internal control over financial reporting3
- On EDGAR sinceFeb 15, 19961
- Filings2,557 in all: 4 (1,430), 8-K (516), 10-Q (91), SC 13G/A (89), 5 (41), 3 (35), SC 13G (32), 10-K (30)1
All 48 form types
425 (29), DEF 14A (29), 11-K (28), 144 (19), 4/A (18), CORRESP (16), S-8 (14), DEFA14A (12), UPLOAD (11), 424B5 (10), 5/A (9), EFFECT (9), S-8 POS (8), SCHEDULE 13G/A (8), FWP (7), 8-K/A (6), S-3 (6), SC 13D/A (6), POS AM (4), 10-K/A (3), 10-Q/A (3), 424B3 (3), ARS (3), PRE 14A (3), S-3/A (3), S-4/A (3), SC 13D (3), 11-K/A (2), 3/A (2), 305B2 (2), S-3ASR (2), S-4 (2), SCHEDULE 13D/A (2), SCHEDULE 13G (2), 15-12G (1), 25-NSE (1), 8-A12B (1), 8-A12G (1), DEFM14A (1), RW (1)
- Latest filingsAnnual report (10-K) Mar 6, 2026
Quarterly report (10-Q) May 11, 2026
Proxy statement (DEF 14A) Apr 17, 2025
Latest 8-K (8-K) Jun 1, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.01 par value | FFIC | The NASDAQ Stock Market LLC |
From the cover page of the 10-K filed Mar 6, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks FLUSHING FINANCIAL CORP names in Item 1A of its 10-K filed Mar 6, 2026: 31 risks under these headings, as written.3
- Risks Relating to the Consummation of the Mergers and OceanFirst following the Mergers
- Because the market price of OceanFirst common stock may fluctuate prior to the effective time of the first merger, including as a result of OceanFirst’s and the Company’s financial performance prior to that effective time, stockholders cannot be certain of the market value of the merger consideration to be received by the Company’s stockholders.
- The market price of OceanFirst common stock after the mergers may be affected by factors different from those currently affecting the shares of OceanFirst common stock or Company common stock.
- Regulatory approvals may not be received, may take longer than expected, or may impose conditions that are not presently anticipated or that could have an adverse effect on the combined company following the mergers.
- Consummation of the mergers is conditioned upon the prior or concurrent closing of the investment.
- Failure to consummate the mergers and investment could negatively impact the Company.
- Combining OceanFirst and the Company may be more difficult, costly or time-consuming than expected, and the combined company may fail to realize the anticipated benefits of the mergers.
- OceanFirst and the Company have operated and, until the completion of the mergers, must continue to operate independently.
- The combined company may be unable to retain OceanFirst and/or the Company personnel successfully after the mergers are completed.
- OceanFirst and the Company will be subject to business uncertainties and contractual restrictions while the mergers are pending.
- OceanFirst and the Company have incurred, and the combined company is expected to incur substantial costs related to the mergers and integration.
- Stockholder litigation related to the mergers and/or the investment could prevent or delay the completion of the mergers and/or the investment, result in the payment of damages or otherwise negatively impact the business and operations of OceanFirst or the Company.
The other 20 risks
- The merger agreement may be terminated in accordance with its terms, and the mergers may not be consummated.
- The investment agreement may be terminated in accordance with its respective terms and the investment may not be consummated.
- The announcement of the mergers could disrupt OceanFirst’s and the Company’s relationships with their employees, customers, suppliers, business partners and others, as well as their operating results and business generally.
- The merger agreement limits the Company’s ability to pursue alternatives to the mergers and may discourage other companies from trying to acquire the Company.
- The shares of OceanFirst common stock to be received by the Company’s stockholders as a result of the first merger will have different rights from the shares of Company common stock.
- Each Company stockholder will have a reduced ownership and voting interest in the combined company after the consummation of the mergers than the holder’s interest in the Company prior to the consummation of the mergers and may exercise less influence over management.
- Changes in Interest Rates May Impact Our Financial Condition and Results of Operations
- Risks relating to our Business and Operations
- Our Lending Activities Involve Risks that May Be Exacerbated Depending on the Mix of Loan Types
- Failure to Effectively Manage Our Liquidity Could Significantly Impact Our Financial Condition and Results of Operations
- Our Ability to Obtain Brokered Deposits as an Additional Funding Source Could be Limited
- The Markets in Which We Operate Are Highly Competitive
- Our Results of Operations May Be Adversely Affected by Changes in National, Regional and/or Local Economic Conditions
- Changes in Laws and Regulations Could Adversely Affect Our Business
- Current Conditions in, and Regulation of, the Banking Industry May Have a Material Adverse Effect on Our Results of Operations
- A Failure in or Breach of Our Operational or Security Systems or Infrastructure, or Those of Our Third Party Vendors and Other Service Providers, Including as a Result of Cyber-attacks, Could Disrupt Our Business, Result in the Disclosure or Misuse of Confidential or Proprietary Information, Damage Our Reputation, Increase Our Costs and Cause Losses
- Changes in Cybersecurity or Privacy Regulations may Increase our Compliance Costs, Limit Our Ability to Gain Insight from Data and Lead to Increased Scrutiny
- We May Experience Increased Delays in Foreclosure Proceedings
- Our Inability to Hire or Retain Key Personnel Could Adversely Affect Our Business
- We Are Not Required to Pay Dividends on Our Common Stock
- Our Financial Results May be Adversely Impacted by Global Climate Changes
Legal proceedings
We are involved in various legal actions arising in the ordinary course of our business which, in the aggregate, involve amounts which are believed by management to be immaterial to our financial condition, results of operations and cash flows.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARDouglas J. McClintock, SEVP
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- 19SEC EDGARFrank Akalski, Senior Vice President
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- 21
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- 24
- 25SEC EDGARPaul W. Ho, Senior Vice President
- 26SEC EDGARSoohyun Suh, Senior Vice President
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- 31SEC EDGARChris Hwang, Senior Vice President
- 32SEC EDGARJeoung Jin, Senior Vice President
- 33
- 34
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- 40SEC EDGARDavid W. Fry, Senior Vice President
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- 43SEC EDGARTheresa Kelly, Senior Vice President
- 44SEC EDGARDouglas C. Manditch, Board member
- 45SEC EDGARMichael A. Azarian, Board member
- 46SEC EDGARCaren C. Yoh, Board member
- 47SEC EDGARAlfred A. Dellibovi, Board member
- 48SEC EDGARThomas S. Gulotta, Board member
- 49SEC EDGARSam Sang Ki Han, Board member
- 50SEC EDGARLouis C. Grassi, Board member
- 51SEC EDGARVincent F. Nicolosi, Board member
- 52SEC EDGARJohn E. Roe Sr., Board member
- 53SEC EDGARMichael J. Hegarty, Board member
- 54SEC EDGARDonna M. Obrien, Board member
- 55SEC EDGARFranklin F. Regan Jr., Board member
- 56SEC EDGARGerard P. Tully Sr., Board member
- 57SEC EDGARMichael J. Russo, Board member
- 58SEC EDGARSteven J. Diorio, Board member
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- 60SEC EDGARResults of operations
- 61SEC EDGAROther events
- 62SEC EDGARShareholder vote; Other events
- 63SEC EDGARRegulation FD disclosure
- 64SEC EDGARRegulation FD disclosure
- 65SEC EDGARResults of operations
- 66
- 67
- 68SEC EDGAROther events
- 69SEC EDGARRegulation FD disclosure
- 70SEC EDGARRegulation FD disclosure
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