Note 9 - Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Repurchase Agreements [Table Text Block]

	2016					2015
			Weighted					Weighted
			Average					Average
	Amount		Rate			Amount		Rate
	(Dollars in thousands)
FHLB-NY advances - fixed rate:
Due in 2016	$	-		-	%	$	386,152		1.04	%
Due in 2017		550,981		1.02			250,708		1.29
Due in 2018		259,088		1.27			265,088		1.30
Due in 2019		149,112		1.48			94,710		1.64
Due in 2020		105,206		1.42			110,000		2.98
Due in 2021		94,803		1.47			-		-
Total FHLB-NY advances		1,159,190		1.21			1,106,658		1.40
Repurchase agreements- fixed rate:
Due in 2016		-		-			38,000		1.92
Due in 2017		-		-			38,000		4.16
Due in 2020		-		-			40,000		3.45
Total repurchase agreements		-		-			116,000		3.18
Federal funds purchased
Due in 2016		-		-			20,000		0.56
Subordinated debentures - fixed rate through 2021
Due in 2026		73,414		5.36			-		-
Junior subordinated debentures - adjustable rate
Due in 2037		33,959		4.28			29,018		5.67
Total borrowings	$	1,266,563		1.53	%	$	1,271,676		1.65	%

Information Relating to Collateralized Repurchase Agreements [Table Text Block]

	2016			2015			2014
	(Dollars in thousands)
Book value of collateral	$	-		$	131,421		$	142,925
Estimated fair value of collateral		-			131,421			142,925
Average balance of outstanding agreements during the year		64,087			116,000			137,824
Maximum balance of outstanding agreements at a month end during the year		116,000			116,000			155,300
Average interest rate of outstanding agreements during the year		3.26	%		3.22	%		3.40	%

Terms of Securities Issued By Trusts [Table Text Block]

	Subordinated Debentures
Issue Date		December 12, 2016
Initial Rate		5.25	%
First Reset Date		December 15, 2021
First Call Date		December 15, 2021
Spread over 3-month LIBOR		3.44	%
Maturity Date		December 15, 2026

	Flushing Financial Capital Trust II			Flushing Financial Capital Trust III			Flushing Financial Capital Trust IV
Issue Date		June 20, 2007			June 21, 2007			July 3, 2007
Initial Rate		7.14	%		6.89	%		6.85	%
First Reset Date		September 1, 2012			June 15, 2012			July 30, 2012
Spread over 3-month LIBOR		1.41	%		1.44	%		1.42	%
Maturity Date		September 1, 2037			September 15, 2037			July 30, 2037