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  "documentTitle": "Flushing Financial | Investor Presentation Deck | 35 slides",
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  "authorName": "Flushing Financial Corporation",
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  "presentationDate": "2023-08-01 00:00:00",
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      "text": "Manhattan office buildings are approximately 0.6% of net loans; Over 88% of the loan portfolio is collateralized by real estate with an average loan to value less than 36%; Debt service coverage ratio of 1.8x for multifamily and investor commercial real estate loans that reprice through 2025",
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      "text": "Continuing to take significant actions to position the Company’s balance sheet more towards interest rate risk neutral; During 2Q23, the Company added $400 million of interest rate hedges and an additional $250 million of forward hedges that became effective; Rate sensitivity to a +100 bps shock has been reduced by 64% over the past year.",
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      "text": "Additional opportunities emerging as a competitors leave the market; Approximately 33% of our branches are in Asian markets; a key focus of our business; Bensonhurst, our 27th branch, is expected to open in 2H23 enhancing our Asian branch presence; Digital banking usage continues to increase with double digit growth in both monthly mobile deposit active users and digital banking enrollment in June 2023 versus a year ago",
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      "text": "The Company continues to have ample liquidity with $3.7 billion of undrawn lines and resources; Total deposits increased 4.9% YoY and 2Q23 balances were higher than normal seasonal declines; Checking account openings were up 9.6% YoY in 2Q23",
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      "text": "Interest Rate Risk, Credit Quality, Liquidity, Customer Experience",
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