{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-003928","form_type":"8-K","ticker":"FFIC","cik":"0000923139","company_name":"FLUSHING FINANCIAL CORP","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.309682+00:00","generated_at":"2026-06-06T17:11:04.892159+00:00","sec_items":["2.02","4.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Flushing Financial restates Q1-Q3 2023 results; ERC recognition error cuts net income by $2.6M","bullets":["Restating Q1-Q3 2023 financials due to ERC recognition errors; cumulative net income decrease of $2.6M through Sept 2023.","EPS restated: Q1 from $0.17 to $0.13; H1 from $0.46 to $0.42; 9M from $0.77 to $0.69.","Material weakness in internal control over ERC probability assessment identified; remediation plan underway.","Management determined ERC realization not 'probable' under GAAP, despite prior tax advisor advice; will amend 10-Qs."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-003928","json":"https://secwatch.observer/filing/0001140361-24-003928.json","markdown":"https://secwatch.observer/filing/0001140361-24-003928.md","text":"https://secwatch.observer/filing/0001140361-24-003928.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923139/000114036124003928/0001140361-24-003928-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923139/000114036124003928/ef20019692_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T17:11:04.892159+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2f00dc6549880446d31a3fd4c21e14e6f5b6f0fa","claim":"FLUSHING FINANCIAL CORP reported that prior financial statements should not be relied upon.","evidence_excerpt":"require restatement to correct the accounting treatment of employee retention credits","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/923139/000114036124003928/0001140361-24-003928-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"BDO USA, P.C."}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}