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Borrowed Funds (Tables)
12 Months Ended
Dec. 31, 2020
Notes Tables  
Schedule of Repurchase Agreements [Table Text Block]

2020

2019

 

Weighted

Weighted

 

Average

Average

 

    

Amount

    

Rate

    

Amount

    

Rate

 

 

(Dollars in thousands)

FHLB-NY advances - fixed rate:

 

  

 

  

 

  

 

  

Due in 2020

$

 

$

727,516

 

1.86

Due in 2021

 

702,515

 

0.57

 

200,016

 

1.65

Due in 2022

 

55,685

 

0.52

 

175,000

 

1.93

Due in 2023

 

39,001

 

0.48

 

15,996

 

3.14

Total FHLB-NY advances

 

797,201

 

0.56

 

1,118,528

 

1.85

Other Borrowings:

Due in 2022

 

90,378

 

0.35

 

 

Subordinated debentures - fixed rate through 2021

Due in 2025

15,523

6.12

Due in 2026

74,657

5.27

74,319

 

5.30

Total Subordinated debentures

 

90,180

 

5.42

 

74,319

 

5.30

Junior subordinated debentures - adjustable rate Due in 2037

 

43,136

 

2.35

 

44,384

 

4.65

Total borrowings

$

1,020,895

 

1.05

%  

$

1,237,231

 

2.16

%

Terms of Securities Issued By Trusts [Table Text Block]

Subordinated

 

Subordinated

 

Subordinated

 

    

Debentures

 

Debentures

 

Debentures

 

(Dollars in thousands)

Amount

$

75,000

$

7,500

$

7,750

Issue Date

 

December 12, 2016

December 17, 2015

December 17, 2015

Initial Rate

 

5.25

%

7.38

%

6.50

%

First Reset Date

 

December 15, 2021

N/A

December 20, 2020

First Call Date

 

December 15, 2021

December 20, 2020

December 20, 2020

Holding Type

Variable

Fixed

Variable

Spread over 3-month LIBOR

3.44

%

N/A

%

4.88

%

Maturity Date

December 15, 2026

December 17, 2025

December 17, 2025

    

Flushing Financial

    

Flushing Financial

    

Flushing Financial 

 

    

Capital Trust II

    

 Capital Trust III

    

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 01, 2012

June 15, 2012

July 30, 2012

Spread over 3-month LIBOR

1.41

%  

1.44

%  

1.42

%

Maturity Date

September 01, 2037

September 15, 2037

July 30, 2037