Flushing Financial Corporation (NASDAQ:FFIC) Q1 2022 Earnings Conference Call April 27, 2022 9:30 AM ET

Company Participants

John Buran – President and Chief Executive Officer

Susan Cullen – Senior Executive Vice President, Treasurer and Chief Financial Officer

Conference Call Participants

Mark Fitzgibbon – Piper Sandler

Manuel Navas – D.A. Davidson

Chris O'Connell – KBW

Operator

Welcome to Flushing Financial Corporation's First Quarter 2022 Earnings Conference Call. Hosting the call today are John Buran, President and Chief Executive Officer, and Susan Colin, Senior Executive Vice President, Chief Financial Officer and Treasurer. Today's call is being recorded. [Operator Instructions]. A copy of the earnings press release and slide presentation that the company will be referencing today are available on its Investor Relations website at flushingbank.com.

Before we begin, the company would like to remind you that discussions during this call contain forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 of 1995. Such statements are subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those contained in any such statements, including as set forth in the company's filings with the U.S. Securities and Exchange Commission, to which we refer you.

During this call references will be made to non-GAAP financial measures as supplemental measures to review and assess operating performance. These non-GAAP financial measures are not intended to be considered in isolation or a substitute for the financial information prepared and presented in accordance with U.S. GAAP. For information about these non-GAAP measures and for a reconciliation to GAAP, please refer to the earnings release or the presentation. I'd now like to introduce John Buran, President and Chief Executive Officer, who will provide an overview of the strategy and results.

John Buran

Thank you, Operator. Good morning, everyone and thank you for joining us on our First Quarter 2022 Earnings Call. On today's call, I'll discuss first quarter highlights and ongoing strategic objectives before turning the call over to Susan Colin, Chief Financial Officer. Following our prepared remarks, we'll answer your questions. On Slide 3, we are encouraged by some of the trends seen in the first quarter, but continued to monitor the various factors affecting the macro economy. The macro environment will impact us and the rest of the banking industry as the expectation of rising rates and improving local economy and in-market merger disruption all had an impact on our quarterly results.