A midsize community thrift in Manhattan is staking a claim in a Queens thrift that it thinks would make a good merger partner.

BFS Bankorp has bought almost 5% of the shares in Long Island City-based Financial Bancorp, a $262 million-asset thrift with five branches in Queens and Brooklyn. BFS, parent of Bankers Federal Savings, had originally purchased 6.3% of the stock last month, but dropped down to ensure that it did not go over 5% without regulatory permission.

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