XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.21.2

Loans Held for Sale | 9 Months Ended
--- | ---
Sep. 30, 2021
Notes To Financial Statements |
Loans held for sale | 6. Loans held for sale Loans held for sale are carried at the lower of cost or estimated fair value. At September 30, 2021 and December 31, 2020, the Bank did not have any loans held for sale. The Company has implemented a strategy of selling certain delinquent and non-performing loans. Once the Company has decided to sell a loan, the sale usually closes in a short period of time, generally within the same quarter. Loans designated held for sale are reclassified from loans held for investment to loans held for sale. Terms of sale include cash due upon the closing of the sale, no contingencies or recourse to the Company and servicing is released to the buyer. Additionally, at times the Company may sell participating interests in performing loans. There were no loans sold for the three months ended September 30, 2020. The following tables show loans sold during the period indicated: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended September 30, 2021
​ | ​ | ​ | ​ |  | ​ | ​ | Net Recoveries | ​ |  | ​
(Dollars in thousands) |  | Loans sold |  | Proceeds |  | (Charge-offs) |  | Net gain
Delinquent and non-performing loans |  |  |  | ​ |  |  | ​ |  |  | ​ |
Multi-family residential |  | 2 | ​ | $ | 1,316 | ​ | $ | — | ​ | $ | 15
Commercial real estate |  | 1 | ​ |  | 4,344 | ​ |  | — | ​ |  | 87
One-to-four family - mixed-use property |  | 3 | ​ |  | 723 | ​ |  | — | ​ |  | 29
Total |  | 6 | ​ | $ | 6,383 | ​ | $ | — | ​ | $ | 131
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the nine months ended September 30, 2021
​ | ​ | ​ | ​ |  | ​ | ​ | Net Recoveries | ​ |  | ​
(Dollars in thousands) |  | Loans sold |  | Proceeds |  | (Charge-offs) |  | Net gain
Delinquent and non-performing loans |  |  |  | ​ |  |  | ​ |  |  | ​ |
Multi-family residential |  | 10 | ​ | $ | 12,069 | ​ | $ | (43) | ​ | $ | 78
Commercial real estate |  | 4 | ​ |  | 7,380 | ​ |  | (64) | ​ |  | 104
One-to-four family - mixed-use property |  | 13 | ​ |  | 5,518 | ​ |  | (14) | ​ |  | 107
Total |  | 27 | ​ | $ | 24,967 | ​ | $ | (121) | ​ | $ | 289
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the nine months ended September 30, 2020
​ | ​ | ​ | ​ | ​ | ​ | ​ | Net Recoveries | ​ | ​ | ​
(Dollars in thousands) |  | Loans sold |  | Proceeds |  | (Charge-offs) |  | Net gain
Delinquent and non-performing loans |  |  |  | ​ |  |  | ​ |  |  | ​ |
Multi-family residential |  | 1 | ​ | $ | 284 | ​ | $ | — | ​ | $ | 42
One-to-four family - mixed-use property | ​ | 1 | ​ | ​ | 296 | ​ | ​ | — | ​ | ​ | —
Total |  | 2 | ​ | $ | 580 | ​ | $ | — | ​ | $ | 42
​

X
- Definition Represents the disclosure of loans held for sale. + References No definition available. + Details
Name: | ffic_LoansHeldForSaleTextBlock
Namespace Prefix: | ffic_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition n/a. + References No definition available. + Details
Name: | ffic_NotesToFinancialStatementsAbstract
Namespace Prefix: | ffic_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration