FLAGSTAR FINANCIAL INC
For the period ended Dec 31, 2024. Filed Mar 4, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 4, 2025
FLG$10.51-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
| ITEM 8. | FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA |
|---|
Index to Consolidated Financial Statements
| Report of Independent Registered Public Accounting Firms (PCAOB ID 185) | 141 |
|---|---|
| Consolidated Statements of Condition as of December 31, 2024 and 2023 | 75 |
| Consolidated Statements of (Loss) Income for the years ended December 31, 2024, 2023, and 2022 | 76 |
| Consolidated Statements of Comprehensive (Loss) Income for the years ended December 31, 2024, 2023, and 2022 | 77 |
| Consolidated Statements of Stockholders’ Equity for the years ended December 31, 2024, 2023, and 2022 | 78 |
| Consolidated Statements of Cash Flows for the years ended December 31, 2024, 2023, and 2022 | 79 |
| Notes to Consolidated Financial Statements | 81 |
| Note 1 - Organization and Basis of Presentation | 81 |
| Note 2 - Summary of Significant Accounting Policies | 83 |
| Note 3 - Business Combinations | 88 |
| Note 4 - Accumulated Other Comprehensive Income | 94 |
| Note 5 - Investment Securities | 95 |
| Note 6 - Loans and Leases | 98 |
| Note 7 - Allowance for Credit Losses | 105 |
| Note 8 - Leases, Premises and Equipment | 108 |
| Note 9 - Mortgage Servicing Rights | 110 |
| Note 10 - Variable Interest Entities | 111 |
| Note 11 - Deposits | 112 |
| Note 12 - Borrowed Funds | 113 |
| Note 13 - Federal, State, and Local Taxes | 115 |
| Note 14 - Stock-Based Compensation | 118 |
| Note 15 - Derivative and Hedging Activities | 119 |
| Note 16 - Intangible Assets | 123 |
| Note 17 - Capital | 124 |
| Note 18 - Fair Value Measurement | 124 |
| Note 19 - Mezzanine and Stockholders Equity | 131 |
| Note 20 - Commitments and Contingencies | 134 |
| Note 21 - Employee Benefits | 135 |
| Note 22 - Segment Reporting | 138 |
| Note 23 - Parent Company-Only Financial Information | 139 |
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