Flushing Financial Reports Annual Shareholder Meeting Results
May 25 2023 - 12:19PM
Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the
parent holding company for Flushing Bank (the “Bank”), announced
that on May 16, 2023, it held its annual shareholder meeting, in a
virtual-only format. At the meeting, by overwhelming majorities all
of the Company’s nominees were elected and the shareholders
ratified the selection of BDO USA, LLP as Flushing Financial’s
independent registered public accounting firm for the year ending
December 31, 2023. In addition, the shareholders supported, also
overwhelmingly, the board-sponsored proposals to approve, on an
advisory basis, the compensation of the Company’s named executive
officers and the one-year frequency of future advisory votes to
approve the compensation of the Company’s executive officers.
“We thank all shareholders for their engagement,
participation, and ongoing support. Last year was a year filled
with market volatility and aggressive rate movements by the Federal
Reserve. Despite the challenging environment, the Company recorded
its second highest annual core earnings, which followed record
earnings in 2021,” stated John R. Buran, President and Chief
Executive Officer.
The voting results were verified by the
independent inspectors of election and are available on the
Company’s Form 8-K filed with the Securities and Exchange
Commission on May 18, 2023.
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 who 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.
"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, 2022, 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
Contact: Susan K. Cullen Senior
Executive Vice President, Chief Financial Officer and Treasurer
Flushing Bank 718-961-5400
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