LAKE SUCCESS, N.Y., Aug. 21, 2012 (GLOBE NEWSWIRE) --
Flushing Financial Corporation (Nasdaq:FFIC), the parent
holding company for Flushing Savings Bank, FSB (the
"Bank"), today announced that the Board of
Directors declared a quarterly dividend on its common stock
of $0.13 per common share, payable on September 28, 2012 to
shareholders of record at the close of business on
September 7, 2012.
John R. Buran, Flushing Financial's President and Chief
Executive Officer, stated: "Our strong capital
position, as well as our confidence in the opportunities
for future growth, underlie the Company's decision to
declare quarterly cash dividend payouts to shareholders. As
part of our continuing efforts to enhance the total return
to our shareholders, the Board will continue to review
future dividend payouts on a quarterly basis."
Flushing Financial Corporation, with $4.4 billion in
consolidated assets, is the parent holding company for
Flushing Savings Bank, FSB. Flushing Bank is a trade name
of Flushing Savings Bank, FSB, a federally chartered stock
savings bank insured by the Federal Deposit Insurance
Corporation. The Bank serves consumers and businesses by
offering a full complement of deposit, loan, and cash
management services through its seventeen banking offices
located in Queens, Brooklyn, Manhattan, and Nassau County.
The Bank also operates an online banking division,
iGObanking.com®, which offers competitively priced deposit
products to consumers nationwide. Flushing Commercial Bank,
a wholly-owned subsidiary, provides banking services to
public entities including counties, cities, towns,
villages, school districts, libraries, fire districts and
the various courts throughout the metropolitan area.
"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 year ended December 31, 2011 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,"
"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.
Additional information on Flushing Financial Corporation
may be obtained by visiting the Company's web site at
http://www.flushingbank.com.
CONTACT: David Fry
Executive Vice President and
Chief Financial Officer
Flushing Financial Corporation
(718) 961-5400
Source: Flushing Financial Corporation
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