2.4.0.8008 - Disclosure - Note 1 - Basis of Presentationtruefalsefalse1falsefalsefalsec22_From1Jan2013To30Jun2013http://www.sec.gov/CIK0000923139duration2013-01-01T00:00:002013-06-30T00:00:001true1us-gaap_DisclosureTextBlockAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2us-gaap_BasisOfAccountingus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="">
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">1.</font></font>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Basis
of Presentation</font>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Flushing
Financial Corporation (the “Holding Company”), a
Delaware corporation, is a bank holding company. On February
28, 2013 the Holding Company’s wholly owned subsidiary
Flushing Savings Bank, FSB (the “Savings Bank”),
merged with and into Flushing Commercial Bank (the
“Merger”). Flushing Commercial Bank was the
surviving entity of the Merger and its name was changed to
Flushing Bank.  References herein to the
“Bank” mean the Savings Bank (including its
wholly owned subsidiary, Flushing Commercial Bank) prior to
the Merger and the surviving entity after the Merger. The
Holding Company and its direct and indirect wholly-owned
subsidiaries, including the Bank, Flushing Preferred Funding
Corporation, Flushing Service Corporation, and FSB Properties
Inc., are collectively herein referred to as
“we,” "us," “our” and the
“Company.”</font>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
Merger was the result of the combination of two entities
under common control, and in accordance with ASC 805-50-30-5,
the Bank measured the recognized assets and liabilities
transferred at their carrying amounts (historical cost) for
this transaction.</font>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
primary business of the Holding Company is the operation of
its wholly-owned subsidiary, the Bank. The unaudited
consolidated financial statements presented in this Quarterly
Report on Form 10-Q (“Quarterly Report”) include
the collective results of the Company on a consolidated
basis.</font>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
Holding Company also owns Flushing Financial Capital Trust
II, Flushing Financial Capital Trust III, and Flushing
Financial Capital Trust IV (the “Trusts”), which
are special purpose business trusts. The Trusts are not
included in the Company’s consolidated financial
statements as the Company would not absorb the losses of the
Trusts if losses were to occur.</font>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
accompanying unaudited consolidated financial statements are
prepared in accordance with accounting principles generally
accepted in the United States of America (“GAAP”)
and general practices within the banking industry. The
information furnished in these interim statements reflects
all adjustments which are, in the opinion of management,
necessary for a fair statement of the results for such
presented periods of the Company.  Such adjustments
are of a normal recurring nature, unless otherwise disclosed
in this Quarterly Report. All inter-company balances and
transactions have been eliminated in
consolidation.  The results of operations in the
interim statements are not necessarily indicative of the
results that may be expected for the full year.</font>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The
accompanying unaudited consolidated financial statements have
been prepared in conformity with the instructions to
Quarterly Report on Form 10-Q and Article 10, Rule 10-01 of
Regulation S-X for interim financial
statements.  Accordingly, certain information and
footnote disclosures normally included in financial
statements prepared in accordance with GAAP have been
condensed or omitted pursuant to the rules and regulations of
the Securities and Exchange Commission (“SEC”).
The unaudited consolidated interim financial information
should be read in conjunction with the Company’s Annual
Report on Form 10-K for the year ended December 31,
2012.</font>
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