Sharon Gee's questions to FLUSHING FINANCIAL (FFIC) leadership • Q2 2025
Question
Sharon Gee, on behalf of Manuel Navis at D.A. Davidson, asked about the credit impact on loans that repriced significantly higher during the quarter.
Answer
CFO Susan Cullen stated that no credit stress has been observed in the loans that repriced 154 basis points higher. She explained that 92% of these loans were retained and remain current, attributing the strong performance to the bank's underwriting discipline, which includes stress-testing loans at origination for rate increases up to 200 basis points.