Form 8-K

8-K — ConnectOne Bancorp, Inc.

Accession: 0001437749-26-024230

Filed: 2026-07-23

Period: 2026-07-23

CIK: 0000712771

SIC: 6022 (STATE COMMERCIAL BANKS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — cnob20260423_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ex_949727.htm)

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8-K (Primary)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

July 23, 2026

_______________________________

CONNECTONE BANCORP, INC.

(Exact name of registrant as specified in its charter)

_______________________________

New Jersey

001-40751

52-1273725

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

301 Sylvan Avenue

Englewood Cliffs, New Jersey 07632

(Address of Principal Executive Offices) (Zip Code)

(844) 266-2548

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock

CNOB

NASDAQ

Depositary Shares (each representing a 1/40th interest in a share of 5.25% Series A Non-Cumulative, perpetual preferred stock)

CNOBP

NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On July 23, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

99.1

Press Release dated July 23, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ConnectOne Bancorp, Inc.

Date: July 23, 2026

By:

/s/ William S. Burns

William S. Burns

Senior Executive Vice President and Chief Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ex_949727.htm · Sequence: 2

ex_949727.htm

Exhibit 99.1

CONNECTONE BANCORP, INC.

REPORTS SECOND QUARTER 2026 RESULTS

OPERATING PERFORMANCE ACCELERATES

SEQUENTIAL LOAN GROWTH OF 5% AND CORE DEPOSIT GROWTH OF 8%, ANNUALIZED

NET INTEREST MARGIN WIDENS TO 3.42%

TANGIBLE BOOK VALUE PER SHARE INCREASES

COMMON & PREFERRED DIVIDENDS PER SHARE DECLARED

Englewood Cliffs, N.J., July 23, 2026 (GLOBE NEWSWIRE) – ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today reported net income (loss) available to common stockholders of $40.2 million for the second quarter of 2026 compared with $36.3 million for the first quarter of 2026 and $(21.8) million for the second quarter of 2025. Diluted earnings (loss) per share were $0.80 for the second quarter of 2026 compared with $0.72 for the first quarter of 2026 and $(0.52) for the second quarter of 2025. Return on average assets was 1.17%, 1.10% and (0.73)% for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively. Return on average tangible common equity was 13.79%, 12.89% and (8.42)% for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively.

Pre-provision net operating revenue ("Operating PPNR") as a percentage of average assets was 1.94%, 1.81% and 1.52% for the quarters ending June 30, 2026, March 31, 2026 and June 30, 2025, respectively. The sequential increase in Operating PPNR was primarily due to a $4.8 million increase in net interest income, combined with a $0.4 million decrease in operating expenses. Operating net income available to common stockholders was $42.2 million for the second quarter of 2026, $39.6 million for the first quarter of 2026 and $23.1 million for the second quarter of 2025. Operating diluted earnings per share were $0.84 for the second quarter of 2026, $0.79 for the first quarter of 2026 and $0.55 for the second quarter of 2025. Operating return on average assets was 1.23%, 1.19% and 0.89% for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively. Operating return on average tangible common equity was 13.81%, 13.35% and 9.29% for the three months ended June 30, 2026, March 31, 2026 and June 30, 2025, respectively. See supplemental tables for a complete reconciliation of GAAP earnings to operating earnings, and other non-GAAP measures.

The increase in net income available to common stockholders during the second quarter of 2026 when compared to the first quarter of 2026 was primarily due to a $4.8 million increase in net interest income, a $1.1 million increase in noninterest income, and a $2.5 million decrease in noninterest expenses, which were partially offset by a $3.1 million increase in the provision for credit losses and a $1.5 million increase in income tax expense. The first quarter of 2026 included merger expenses and restructuring charges related to the merger with The First of Long Island Corporation ("FLIC") of $2.1 million, reflecting our ongoing commitment to streamlining operations and enhancing organizational efficiency. The increase in net income available to common stockholders and diluted earnings per share during the second quarter of 2026 when compared to the second quarter of 2025 was primarily due to a $34.8 million increase in net interest income, a $27.4 million decrease in the provision for credit losses, a $2.7 million increase in noninterest income, and a $18.2 million decrease in noninterest expense, which was partially offset by a $21.2 million increase in income tax expense. The decrease in the provision for credit losses was driven primarily by the initial $27.4 million provision recognized in the second quarter of 2025 in connection with the merger with FLIC. Overall, the variances from the second quarter of 2026 to the second quarter of 2025 were primarily due to the merger with FLIC.

"ConnectOne delivered another quarter of accelerated performance metrics, driven by sustained momentum across our franchise and a disciplined execution of our relationship-banking business model,” commented Frank Sorrentino, ConnectOne's Chairman and Chief Executive Officer. “Loans and core deposits grew sequentially at annualized rates of approximately 5% and 8%, respectively, while our net interest margin expanded for the 7th consecutive quarter, climbing past 3.40%. The quarter also saw enhanced operating efficiency, and strong capital levels, alongside a substantial rise in tangible book value per share."

Mr. Sorrentino added, “As one of the most efficient banks in the country, we remain committed to further enhancing our operating performance by driving productivity gains through technological innovation, including agentic workflows.”

Mr. Sorrentino concluded, “Looking ahead, we're encouraged by the strength of our business and the opportunities we see for the balance of the year and beyond. Through the continued execution of our strategic priorities and results-oriented culture, we’re confident in ConnectOne's ability to deliver profitable growth and create long-term value for shareholders.”

Dividend Declarations

The Board of Directors declared cash dividends on the Company's common and outstanding preferred stock. A cash dividend on common stock of $0.195 per share will be paid on September 1, 2026, to common stockholders of record on August 14, 2026. A dividend of $0.328125 per depositary share, representing a 1/40th interest in a share of the Company’s 5.25% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, will also be paid on September 1, 2026, to holders of record on August 14, 2026.

Operating Results

Fully taxable equivalent net interest income for the second quarter of 2026 was $114.8 million, an increase of $4.9 million, or 4.4%, from the first quarter of 2026, largely due to a 3 basis-point widening of the net interest margin to 3.42% from 3.39% and a 2.2% increase in average interest-earning assets. The margin benefited from an increase in the yield on interest-earning assets, primarily due to loan repricing, partially offset by a 6 basis-point increase in the average cost of deposits, including noninterest-bearing deposits.

Fully taxable equivalent net interest income for the second quarter of 2026 increased $35.0 million, or 43.9%, from the second quarter of 2025, due to a 36 basis-point widening of the net interest margin to 3.42% from 3.06%, and a 28.5% increase in average interest-earning assets. The increase in average interest-earning assets was primarily due to the merger with FLIC. The margin benefited from a 16 basis-point increase in the yield on interest-earning assets and a 32 basis-point decrease in the average cost of deposits, including noninterest-bearing deposits.

Noninterest income was $7.9 million in the second quarter of 2026, $6.8 million in the first quarter of 2026 and $5.2 million in the second quarter of 2025. The increase compared to the first quarter of 2026 was primarily due to a $1.2 million increase in net gains on sale of loans held-for-sale, primarily SBA loans. The increase compared to the second quarter of 2025 was primarily due to a $1.4 million increase in net gains on sale of loans held-for-sale, a $0.9 million increase in BOLI income and a $0.8 million increase in deposit, loan and other income, which was partially offset by a $0.4 million decrease in net gains on equity securities. The year-over-year increases in BOLI income and deposit, loan and other income were primarily due to the merger with FLIC.

Noninterest expenses were $55.4 million for the second quarter of 2026, $57.9 million for the first quarter of 2026 and $73.6 million for the second quarter of 2025. Excluding merger expenses and restructuring charges, noninterest expenses totaled $55.3 million in the second quarter of 2026, $55.7 million in the first quarter of 2026 and $42.9 million in the second quarter of 2025. The decrease of $0.4 million during the second quarter of 2026 when compared to the first quarter of 2026 was primarily due to a $1.2 million decrease in salaries and employee benefits and a $0.3 million decrease in FDIC insurance expense, which were partially offset by a $0.5 million increase in other expenses, a $0.2 million increase in marketing and advertising expenses, a $0.2 million increase in occupancy and equipment expenses, and a $0.2 million increase in information technology and communication expenses. The $12.4 million increase for the second quarter of 2026 when compared to the second quarter of 2025 was primarily due to a $6.3 million increase in salaries and employee benefits, a $2.0 million increase in occupancy and equipment expenses, a $1.6 million increase in amortization of core deposit intangibles, a $1.3 million increase in other expenses, a $0.6 million increase in information technology and communication expenses and a $0.5 million increase in professional and consulting expense. The variances from the second quarter of 2026 to the second quarter of 2025 were primarily due to the merger with FLIC.

Income tax expense (benefit) was $16.2 million for the second quarter of 2026, $14.7 million for the first quarter of 2026 and $(5.0) million for the second quarter of 2025. The effective tax rates were 28.0%, 28.0% and (19.7)% for the second quarter of 2026, first quarter of 2026 and second quarter of 2025, respectively. The negative tax rate in 2025 was due to the merger with FLIC. As of June 30, 2026, ConnectOne Bank executed a $50.0 million capital commitment to a renewable energy tax credit fund. This investment supports our community sustainability initiatives while helping to maintain our projected full-year 2026 effective tax rate of approximately 28%.

Asset Quality

The provision for credit losses was $8.3 million for the second quarter of 2026, $5.2 million for the first quarter of 2026 and $35.7 million for the second quarter of 2025. In each of the quarters presented, the provision for credit losses reflected net portfolio growth, charges related to individually evaluated loans, changing macroeconomic forecasts and conditions and qualitative factors, while the second quarter of 2025 included the merger-related initial provision. The current quarter's increased sequential provision was primarily driven by a $13.8 million charge-off on a previously disclosed group of New York City loans secured by multiple rent-stabilized multi-family buildings, partially offset by the release of $9.2 million in multifamily qualitative reserves previously related to the criticized portion of this segment. The decrease in the provision for credit losses when compared to the second quarter of 2025 was driven primarily by the initial $27.4 million provision originally booked in the second quarter of 2025 in connection with the FLIC merger.

Nonperforming assets, which include nonaccrual loans and other real estate owned (the Bank had no other real estate owned during the periods reported), were $79.7 million as of June 30, 2026, $41.6 million as of March 31, 2026 and $39.2 million as of June 30, 2025. Nonperforming assets as a percentage of total assets increased to 0.55% as of June 30, 2026, versus 0.29% as of March 31, 2026 and 0.28% as of June 30, 2025. The ratio of nonaccrual loans to loans receivable also increased to 0.67%, as of June 30, 2026, versus 0.35% and 0.35%, at March 31, 2026 and June 30, 2025, respectively. The annualized net loan charge-offs ratio (excluding PCD loans) was 0.56% for the second quarter of 2026, 0.08% for the first quarter of 2026 and 0.22% for the second quarter of 2025. The increase in nonaccrual loans was primarily driven by a group of loans secured by multiple New York City rent-stabilized multi-family buildings, which added $29.9 million (net of charge-offs) to nonaccruals during the quarter, while $20.0 million of the previously announced $63.8 million of loans attributable to the group were brought current. Additionally, the increase in our net loan charge-off ratio (excluding PCD loans) was primarily attributable to the aforementioned $13.8 million charge-off related to this same group of loans.

The allowance for credit losses ("ACL") represented 1.18%, 1.30% and 1.40% of loans receivable as of June 30, 2026, March 31, 2026 and June 30, 2025, respectively. The ACL decreased $12.9 million to $140.1 million as of June 30, 2026, compared to $153.1 million as of March 31, 2026, reflecting recent charge-off activity and the impact on specific and qualitative reserves previously established, improvements in economic factors, and historically low levels of delinquencies and criticized loans. The ACL as a percentage of nonaccrual loans was 175.9% as of June 30, 2026, 368.1% as of March 31, 2026 and 398.2% as of June 30, 2025. Criticized and classified loans as a percentage of loans receivable improved to 1.89% as of June 30, 2026, down from 2.26% as of March 31, 2026 and from 2.44% as of June 30, 2025. Loans past due 30-89 days were 0.03% of loans receivable as of June 30, 2026, 0.81% as of March 31, 2026 and 0.13% as of June 30, 2025.

Selected Balance Sheet Items

The Company’s total assets were $14.4 billion as of June 30, 2026, compared to $14.0 billion as of December 31, 2025. Loans receivable were $11.9 billion as of June 30, 2026 and $11.5 billion as of December 31, 2025. Total deposits were $11.7 billion as of June 30, 2026 and $11.2 billion as of December 31, 2025.

The Company’s total stockholders’ equity increased to $1.627 billion as of June 30, 2026 from $1.573 billion as of December 31, 2025. Retained earnings increased $57.6 million, partially offset by an increase in the accumulated other comprehensive loss of $3.0 million. As of June 30, 2026, the Company’s tangible common equity ratio and tangible book value per share were 8.78% and $24.66, respectively, compared to 8.62% and $23.52, respectively, as of December 31, 2025. Total goodwill and other intangible assets were $274.5 million as of June 30, 2026, and $280.2 million as of December 31, 2025.

Share Repurchase Program

The Company did not repurchase any shares of common stock during the second quarter of 2026. For the six months ended June 30, 2026, the Company repurchased 90,000 shares of common stock at an average price of $26.21, leaving 551,118 shares authorized for repurchase under the current Board approved repurchase program. The Company intends to repurchase shares from time to time in the open market, in privately negotiated stock purchases or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission and applicable federal securities laws. The share repurchase plan does not obligate the Company to acquire any particular amount of common stock and the plan may be modified or suspended at any time at the Company's discretion.

Use of Non-GAAP Financial Measures

In addition to the results presented in accordance with Generally Accepted Accounting Principles ("GAAP"), ConnectOne routinely supplements its evaluation with an analysis of certain non-GAAP measures. ConnectOne believes these non-GAAP financial measures, in addition to the related GAAP measures, provide meaningful information to investors in understanding our operating performance and trends. These non-GAAP measures have inherent limitations and are not required to be uniformly applied and are not audited. They should not be considered in isolation or as a substitute for an analysis of results reported under GAAP. These non-GAAP measures may not be comparable to similarly titled measures reported by other companies. Reconciliations of non-GAAP financial measures disclosed in this earnings release to the comparable GAAP measures are provided in the accompanying tables.

Second Quarter 2026 Results Conference Call

Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 23, 2026, to review the Company's financial performance and operating results. The conference call dial-in number is 1 (585) 542-9983, meeting ID: 646 211 267. Please dial in at least five minutes before the start of the call to register. An audio webcast of the conference call will be available to the public, on a listen-only basis, via the "Investor Relations" link on the Company's website https://www.ConnectOneBank.com or at http://ir.connectonebank.com.

An online archive of the webcast will be available following the completion of the conference call at https://www.ConnectOneBank.com or at http://ir.connectonebank.com.

About ConnectOne Bancorp, Inc.

ConnectOne Bancorp, Inc., is a modern financial services company that operates, through its subsidiary, ConnectOne Bank, and the Bank’s fintech subsidiary, BoeFly, Inc. ConnectOne Bank is a high-performing commercial bank offering a full suite of banking & lending products and services that focus on small to middle-market businesses. BoeFly, Inc. is a fintech marketplace that connects borrowers in the franchise space with funding solutions through a network of partner banks. ConnectOne Bancorp, Inc. is traded on the Nasdaq Global Market under the trading symbol "CNOB," and information about ConnectOne may be found at https://www.connectonebank.com.

This news release contains certain forward-looking statements which are based on certain assumptions and describe future plans, strategies, and expectations of the Company. These forward-looking statements are generally identified by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. The Company's ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on the operations of the Company and its subsidiaries include, but are not limited to, those factors set forth in Item 1A – Risk Factors of the Company’s Annual Report on Form 10-K, as filed with the U.S. Securities and Exchange Commission, as supplemented by the Company’s subsequent filings with the U.S. Securities and Exchange Commission, and changes in interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in the Company's market area, changes in accounting principles and guidelines and the impact of the health emergencies and natural disasters on the Company, its employees and operations, and its customers. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

Investor Contact:

William S. Burns

Senior Executive Vice President & CFO

201.816.4474; bill.burns@cnob.com

Media Contact:

Shannan Weeks

MikeWorldWide

732.299.7890; sweeks@mww.com

CONNECTONE BANCORP, INC. AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF FINANCIAL CONDITION

(in thousands)

June 30,

December 31,

June 30,

2026

2025

(unaudited)

ASSETS

Cash and due from banks

39,552

92,406

97,792

Interest-bearing deposits with banks

322,724

288,489

498,741

Cash and cash equivalents

362,276

380,895

596,533

Investment securities

1,179,258

1,250,938

1,227,200

Equity securities

19,793

19,287

19,707

Loans held-for-sale

—

391

1,027

Loans receivable

11,869,034

11,453,280

11,164,477

Less: Allowance for credit losses - loans

140,149

154,305

156,190

Net loans receivable

11,728,885

11,298,975

11,008,287

Investment in restricted stock, at cost

46,596

54,722

49,248

Bank premises and equipment, net

53,779

55,285

54,297

Accrued interest receivable

61,561

60,761

60,950

Bank owned life insurance

376,681

370,713

364,836

Right of use operating lease assets

30,340

29,603

31,282

Goodwill

220,235

215,611

Core deposit intangibles

54,233

59,923

66,315

Other assets

278,227

200,972

220,445

Total assets

14,411,864

14,002,700

13,915,738

LIABILITIES

Deposits:

Noninterest-bearing

2,512,964

2,420,397

2,424,529

Interest-bearing

9,227,399

8,820,218

8,853,958

Total deposits

11,740,363

11,240,615

11,278,487

Borrowings

715,416

903,489

783,859

Subordinated debentures, net

202,236

201,864

276,500

Operating lease liabilities

32,929

32,446

35,334

Other liabilities

94,395

50,946

45,127

Total liabilities

12,785,339

12,429,360

12,419,307

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY

Preferred stock

110,927

Common stock

857,765

Additional paid-in capital

39,688

38,763

36,728

Retained earnings

731,500

673,897

614,532

Treasury stock

(78,507

)

(76,116

)

(76,116

)

Accumulated other comprehensive loss

(34,848

)

(31,896

)

(47,405

)

Total stockholders' equity

1,626,525

1,573,340

1,496,431

Total liabilities and stockholders' equity

14,411,864

14,002,700

13,915,738

CONNECTONE BANCORP, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

(dollars in thousands, except for per share data)

Three Months Ended

Six Months Ended

06/30/26

06/30/25

06/30/26

06/30/25

Interest income

Interest and fees on loans

176,250

132,316

344,548

247,667

Interest and dividends on investment securities:

Taxable

10,982

7,437

21,781

12,424

Tax-exempt

1,907

1,419

3,885

2,516

Dividends

947

788

1,882

1,677

Interest on federal funds sold and other short-term investments

2,821

4,070

5,208

6,535

Total interest income

192,907

146,030

377,304

270,819

Interest expense

Deposits

69,571

60,239

135,253

114,231

Borrowings

9,697

6,908

19,608

11,949

Total interest expense

79,268

67,147

154,861

126,180

Net interest income

113,639

78,883

222,443

144,639

Provision for credit losses

8,300

35,700

13,500

39,200

Net interest income after provision for credit losses

105,339

43,183

208,943

105,439

Noninterest income

Deposit, loan and other income

3,324

2,570

6,607

4,576

Income on bank owned life insurance

3,017

2,087

5,968

3,671

Net gains on sale of loans held-for-sale

1,590

181

2,017

513

Net gains (losses) on equity securities

)

347

131

876

Total noninterest income

7,927

5,185

14,723

9,636

Noninterest expenses

Salaries and employee benefits

31,537

25,233

64,305

47,811

Occupancy and equipment

5,519

3,478

10,864

6,158

FDIC insurance

1,700

2,000

3,700

3,800

Professional and consulting

3,127

2,598

6,235

4,964

Marketing and advertising

1,161

840

2,087

1,435

Information technology and communications

5,394

4,792

10,637

9,396

Merger expenses and restructuring charges

108

30,745

2,233

32,065

Bank owned life insurance restructuring charge

—

327

Amortization of core deposit intangibles

2,845

1,251

5,690

1,530

Other expenses

4,025

2,712

7,534

5,468

Total noninterest expenses

55,416

73,649

113,285

112,954

Income (loss) before income tax expense

57,850

(25,281

)

110,381

2,121

Income tax expense (benefit)

16,182

(4,988

)

30,891

2,172

Net income (loss)

41,668

(20,293

)

79,490

(51

)

Preferred dividends

1,509

3,018

Net income (loss) available to common stockholders

40,159

(21,802

)

76,472

(3,069

)

Earnings (loss) per common share:

Basic

0.80

(0.52

)

1.52

(0.08

)

Diluted

0.80

(0.52

)

1.51

(0.08

)

ConnectOne's management believes that the supplemental financial information, including non-GAAP measures provided below, is useful to investors. The non-GAAP measures should not be viewed as a substitute for financial results determined in accordance with GAAP, and are not necessarily comparable to non-GAAP financial measures presented by other companies.

CONNECTONE BANCORP, INC.

SUPPLEMENTAL GAAP AND NON-GAAP FINANCIAL MEASURES

As of

Jun. 30,

Mar. 31,

Dec. 31,

Sept. 30,

Jun. 30,

2026

2025

Selected Financial Data

(dollars in thousands)

Total assets

14,411,864

14,209,561

14,002,700

14,023,585

13,915,738

Loans receivable:

Commercial

1,598,678

1,638,836

1,558,436

1,613,421

1,597,590

Commercial real estate

4,871,086

4,750,508

4,625,143

4,310,159

4,285,663

Multifamily

3,679,302

3,574,336

3,437,080

3,420,465

3,348,308

Commercial construction

528,103

571,073

623,902

728,615

681,222

Residential

1,192,033

1,202,539

1,210,980

1,233,305

1,254,646

Consumer

3,313

1,801

2,017

2,166

1,709

Gross loans

11,872,515

11,739,093

11,457,558

11,308,131

11,169,138

Net deferred loan fees

(3,481

)

(3,497

)

(4,278

)

(4,495

)

(4,661

)

Loans receivable

11,869,034

11,735,596

11,453,280

11,303,636

11,164,477

Loans held-for-sale

—

10,222

391

—

1,027

Total loans

11,869,034

11,745,818

11,453,671

11,303,636

11,165,504

Investment and equity securities

1,199,051

1,215,806

1,270,225

1,272,335

1,246,907

Goodwill and other intangible assets

274,468

277,313

280,158

278,730

281,926

Deposits:

Noninterest-bearing demand

2,512,964

2,393,938

2,420,397

2,513,102

2,424,529

Time deposits

2,927,930

3,010,971

2,796,877

2,977,952

3,065,015

Other interest-bearing deposits

6,299,469

6,108,144

6,023,341

5,878,241

5,788,943

Total deposits

11,740,363

11,513,053

11,240,615

11,369,295

11,278,487

Borrowings

715,416

827,477

903,489

833,443

783,859

Subordinated debentures (net of debt issuance costs)

202,236

202,050

201,864

201,677

276,500

Total stockholders' equity

1,626,525

1,591,547

1,573,340

1,538,344

1,496,431

Quarterly Average Balances

Total assets

14,254,280

13,999,581

13,963,138

14,050,585

11,108,430

Loans receivable:

Commercial

1,652,412

1,579,368

1,597,123

1,583,673

1,486,245

Commercial real estate (including multifamily)

8,433,558

8,137,515

7,822,943

7,630,195

6,404,302

Commercial construction

524,023

613,661

646,414

704,170

643,115

Residential

1,198,244

1,204,082

1,221,171

1,241,375

587,118

Consumer

10,855

6,851

5,473

6,747

5,759

Gross loans

11,819,092

11,541,477

11,293,124

11,166,160

9,126,539

Net deferred loan fees

(3,331

)

(4,042

)

(4,708

)

(4,418

)

(5,097

)

Loans receivable

11,815,761

11,537,435

11,288,416

11,161,742

9,121,442

Loans held-for-sale

107

335

230

318

352

Total loans

11,815,868

11,537,770

11,288,646

11,162,060

9,121,794

Investment and equity securities

1,208,532

1,256,147

1,269,275

1,274,000

845,614

Goodwill and other intangible assets

276,313

279,158

279,165

280,814

235,848

Deposits:

Noninterest-bearing demand

2,424,773

2,384,883

2,473,596

2,486,993

1,680,653

Time deposits

2,992,440

2,901,327

2,946,459

3,019,848

2,662,411

Other interest-bearing deposits

6,122,264

5,996,487

5,907,547

5,889,230

4,463,648

Total deposits

11,539,477

11,282,697

11,327,602

11,396,071

8,806,712

Borrowings

812,384

833,551

781,388

783,994

723,303

Subordinated debentures (net of debt issuance costs)

202,114

201,928

201,741

263,511

170,802

Total stockholders' equity

1,612,528

1,594,699

1,558,366

1,513,892

1,344,254

Three Months Ended

Jun. 30,

Mar. 31,

Dec. 31,

Sept. 30,

Jun. 30,

2026

2025

(dollars in thousands, except for per share data)

Net interest income

113,639

108,804

106,595

102,017

78,883

Provision for credit losses

8,300

5,200

2,300

5,500

35,700

Net interest income after provision for credit losses

105,339

103,604

104,295

96,517

43,183

Noninterest income

Deposit, loan and other income

3,324

3,283

3,289

3,836

2,570

Defined benefit pension plan curtailment gain

—

3,501

—

Employee retention tax credit

—

6,608

—

Income on bank owned life insurance

3,017

2,951

2,946

2,931

2,087

Net gains on sale of loans held-for-sale

1,590

427

631

859

181

Net gains (losses) on equity securities

)

135

(846

)

1,674

347

Total noninterest income

7,927

6,796

6,020

19,409

5,185

Noninterest expenses

Salaries and employee benefits

31,537

32,768

31,211

32,401

25,233

Occupancy and equipment

5,519

5,345

5,265

5,122

3,478

FDIC insurance

1,700

2,000

2,400

2,000

Professional and consulting

3,127

3,108

2,908

2,929

2,598

Marketing and advertising

1,161

926

974

771

840

Information technology and communications

5,394

5,243

5,366

5,243

4,792

Restructuring and exit charges

—

994

—

Merger expenses and restructuring charges

108

2,125

498

1,898

30,745

Branch closing expenses

—

1,275

—

Bank owned life insurance restructuring charge

—

Amortization of core deposit intangible

2,845

3,196

1,251

Other expenses

4,025

3,509

3,853

3,719

2,712

Total noninterest expenses

55,416

57,869

56,946

58,673

73,649

Income (loss) before income tax expense

57,850

52,531

53,369

57,253

(25,281

)

Income tax expense (benefit)

16,182

14,709

13,851

16,277

(4,988

)

Net income (loss)

41,668

37,822

39,518

40,976

(20,293

)

Preferred dividends

1,509

Net income (loss) available to common stockholders

40,159

36,313

38,009

39,467

(21,802

)

Weighted average diluted common shares outstanding

50,404,698

50,382,297

50,414,115

50,462,030

42,173,758

Diluted EPS

0.80

0.72

0.75

0.78

(0.52

)

Reconciliation of GAAP Net Income to Operating Net Income:

Net income (loss)

41,668

37,822

39,518

40,976

(20,293

)

Restructuring and exit charges

—

994

—

Merger expenses and restructuring charges

108

2,125

498

1,898

30,745

Estimated state tax liability on intercompany dividends

—

3,000

Initial provision for credit losses related to merger

—

27,418

Branch closing expenses

—

1,275

—

Bank owned life insurance restructuring charge

—

Amortization of core deposit intangibles

2,845

3,196

1,251

Net (gains) losses on equity securities

(135

)

846

(1,674

)

(347

)

Defined benefit pension plan curtailment gain

—

(3,501

)

—

Employee retention tax credit

—

(6,608

)

—

Tax impact of adjustments

(917

)

(1,499

)

(1,802

)

1,737

(17,168

)

Operating net income

43,708

41,158

43,531

37,018

24,606

Preferred dividends

1,509

Operating net income available to common stockholders

42,199

39,649

42,022

35,509

23,097

Operating diluted EPS (non-GAAP) (1)

0.84

0.79

0.83

0.70

0.55

Return on Assets Measures

Average assets

14,254,280

13,999,581

13,963,138

14,050,585

11,108,430

Return on avg. assets

1.17

1.10

1.12

1.16

(0.73

Operating return on avg. assets (non-GAAP) (2)

1.23

1.19

1.24

1.05

0.89

Pre-provision net operating revenue ("PPNR") return on avg. assets (non-GAAP) (3)

1.94

1.81

1.75

1.61

1.52

(1)

Operating net income available to common stockholders divided by weighted average diluted shares outstanding.

(2)

Operating net income divided by average assets.

(3)

Net income before income tax expense, provision for credit losses, merger expenses and restructuring charges, branch closing expenses, BOLI restructuring charges, restructuring and exit charges, employee retention tax credit, defined benefit pension plan curtailment gain, amortization of core deposit intangibles and net gains on equity securities divided by average assets.

Three Months Ended

Jun. 30,

Mar. 31,

Dec. 31,

Sept. 30,

Jun. 30,

2026

2025

Return on Equity Measures

(dollars in thousands)

Average stockholders' equity

1,612,528

1,594,699

1,558,366

1,513,892

1,344,254

Less: average preferred stock

(110,927

)

(110,927

)

(110,927

)

(110,927

)

(110,927

)

Average common equity

1,501,601

1,483,772

1,447,439

1,402,965

1,233,327

Less: average intangible assets

(276,313

)

(279,158

)

(279,165

)

(280,814

)

(235,848

)

Average tangible common equity

1,225,288

1,204,614

1,168,274

1,122,151

997,479

Return on avg. common equity (GAAP)

10.73

9.93

10.42

11.16

(7.09

Operating return on avg. common equity (non-GAAP) (4)

11.27

10.84

11.52

10.04

7.51

Return on avg. tangible common equity (non-GAAP) (5)

13.79

12.89

13.66

14.74

(8.42

)

Operating return on avg. tangible common equity (non-GAAP) (6)

13.81

13.35

14.27

12.55

9.29

Efficiency Measures

Total noninterest expenses

55,416

57,869

56,946

58,673

73,649

Restructuring and exit charges

—

(994

)

—

Merger expenses and restructuring charges

(108

)

(2,125

)

(498

)

(1,898

)

(30,745

)

Branch closing expenses

—

(1,275

)

—

Bank owned life insurance restructuring charge

—

Amortization of core deposit intangibles

(2,845

)

(2,845

)

(3,196

)

(3,196

)

(1,251

)

Operating noninterest expense

52,463

52,899

51,977

52,585

41,653

Net interest income (tax equivalent basis)

114,841

109,976

107,761

103,155

79,810

Noninterest income

7,927

6,796

6,020

19,409

5,185

Defined benefit pension plan curtailment gain

—

(3,501

)

—

Employee retention tax credit

—

(6,608

)

—

Net (gains) losses on equity securities

(135

)

846

(1,674

)

(347

)

Operating revenue

122,772

116,637

114,627

110,781

84,648

Operating efficiency ratio (non-GAAP) (7)

42.7

45.4

45.3

47.5

49.2

Net Interest Margin

Average interest-earning assets

13,451,804

13,160,794

13,093,053

13,172,443

10,468,589

Net interest income (tax equivalent basis)

114,841

109,976

107,761

103,155

79,810

Net interest margin (non-GAAP)

3.42

3.39

3.27

3.11

3.06

(4)

Operating net income available to common stockholders divided by average common equity.

(5)

Net income available to common stockholders, excluding amortization of intangible assets, divided by average tangible common equity.

(6)

Operating net income available to common stockholders, divided by average tangible common equity.

(7)

Operating noninterest expense divided by operating revenue.

As of

Jun. 30,

Mar. 31,

Dec. 31,

Sept. 30,

Jun. 30,

2026

2025

Capital Ratios and Book Value per Share

(dollars in thousands, except for per share data)

Stockholders equity

1,626,525

1,591,547

1,573,340

1,538,344

1,496,431

Less: preferred stock

(110,927

)

(110,927

)

(110,927

)

(110,927

)

(110,927

)

Common equity

1,515,598

1,480,620

1,462,413

1,427,417

1,385,504

Less: intangible assets

(274,468

)

(277,313

)

(280,158

)

(278,730

)

(281,926

)

Tangible common equity

1,241,130

1,203,307

1,182,255

1,148,687

1,103,578

Total assets

14,411,864

14,209,561

14,002,700

14,023,585

13,915,738

Less: intangible assets

(274,468

)

(277,313

)

(280,158

)

(278,730

)

(281,926

)

Tangible assets

14,137,396

13,932,248

13,722,542

13,744,855

13,633,812

Common shares outstanding

50,319,832

50,288,494

50,271,854

50,273,089

50,270,162

Common equity ratio (GAAP)

10.52

10.42

10.44

10.18

9.96

Tangible common equity ratio (non-GAAP) (8)

8.78

8.64

8.62

8.36

8.09

Regulatory capital ratios (Bancorp):

Leverage ratio

9.85

9.79

9.61

9.35

11.58

Common equity Tier 1 risk-based ratio

10.28

10.23

10.24

10.17

10.04

Risk-based Tier 1 capital ratio

11.22

11.19

11.22

11.17

11.06

Risk-based total capital ratio

13.71

13.81

13.88

14.35

Regulatory capital ratios (Bank):

Leverage ratio

10.81

10.59

10.35

12.81

Common equity Tier 1 risk-based ratio

12.31

12.35

12.36

12.37

12.22

Risk-based Tier 1 capital ratio

12.31

12.35

12.36

12.37

12.22

Risk-based total capital ratio

13.20

13.33

13.38

13.24

Book value per share (GAAP)

30.12

29.44

29.09

28.39

27.56

Tangible book value per share (non-GAAP) (9)

24.66

23.93

23.52

22.85

21.95

Net Loan Charge-offs (Recoveries) (10):

Net loan charge-offs (recoveries):

Charge-offs

17,022

2,758

5,613

5,174

5,039

Recoveries

(531

)

(467

)

(836

)

(38

)

(118

)

Net loan charge-offs

16,491

2,291

4,777

5,136

4,921

Net loan charge-offs as a % of average loans receivable (annualized)

0.56

0.08

0.17

0.18

0.22

Asset Quality

Nonaccrual loans

79,664

41,579

45,915

39,671

39,228

Other real estate owned

—

Nonperforming assets

79,664

41,579

45,915

39,671

39,228

Allowance for credit losses - loans (excluding nonaccretable credit marks)

106,120

115,609

112,282

113,163

112,854

Add: nonaccretable credit marks

34,029

37,447

42,023

43,336

Allowance for credit losses - loans ("ACL")

140,149

153,056

154,305

156,499

156,190

Loans receivable

11,869,034

11,735,596

11,453,280

11,303,636

11,164,477

Nonaccrual loans as a % of loans receivable

0.67

0.35

0.40

0.35

Nonperforming assets as a % of total assets

0.55

0.29

0.33

0.28

ACL as a % of loans receivable

1.18

1.30

1.35

1.38

1.40

ACL as a % of nonaccrual loans

175.9

368.1

336.1

394.5

398.2

(8)

Tangible common equity divided by tangible assets.

(9)

Tangible common equity divided by common shares outstanding at period-end.

(10)

Includes only non-PCD loans.

CONNECTONE BANCORP, INC.

NET INTEREST MARGIN ANALYSIS

(dollars in thousands)

For the Three Months Ended

June 30, 2026

March 31, 2026

June 30, 2025

Average

Interest-earning assets:

Balance

Interest

Rate (7)

Balance

Interest

Rate (7)

Balance

Interest

Rate (7)

Investment securities (1) (2)

1,275,125

13,397

4.21

1,307,184

13,302

4.13

935,996

9,234

3.96

Loans receivable and loans held-for-sale (2) (3) (4)

11,815,868

176,944

6.01

11,537,770

168,945

5.94

9,121,794

132,865

5.84

Federal funds sold and interest-

bearing deposits with banks

309,872

2,821

3.65

264,232

2,387

3.66

367,309

4,070

4.44

Restricted investment in bank stock

50,939

947

7.46

51,608

935

7.35

43,490

788

7.27

Total interest-earning assets

13,451,804

194,109

5.79

13,160,794

185,569

5.72

10,468,589

146,957

5.63

Allowance for loan losses

(155,399

)

(154,481

)

(98,030

)

Noninterest-earning assets

957,875

993,268

737,871

Total assets

14,254,280

13,999,581

11,108,430

Interest-bearing liabilities:

Money market deposits

3,052,487

22,148

2.91

2,903,419

20,146

2.81

2,016,336

15,467

3.08

Savings deposits

978,961

6,339

2.60

1,014,568

6,304

2.52

777,951

6,172

3.18

Time deposits

2,992,440

27,776

3.72

2,901,327

26,713

3.73

2,662,411

26,636

4.01

Other interest-bearing deposits

2,090,816

13,308

2.55

2,078,500

12,519

2.44

1,669,361

11,964

2.87

Total interest-bearing deposits

9,114,704

69,571

3.06

8,897,814

65,682

2.99

7,126,059

60,239

3.39

Borrowings

812,384

5,402

2.67

833,551

5,513

2.68

723,303

3,530

1.96

Subordinated debentures

202,114

4,283

8.50

201,928

4,385

8.81

170,802

3,361

7.89

Finance lease

845

5.70

921

5.72

1,139

5.99

Total interest-bearing liabilities

10,130,047

79,268

3.14

9,934,214

75,593

3.09

8,021,303

67,147

3.36

Noninterest-bearing demand deposits

2,424,773

2,384,883

1,680,653

Other liabilities

86,932

85,785

62,220

Total noninterest-bearing liabilities

2,511,705

2,470,668

1,742,873

Stockholders' equity

1,612,528

1,594,699

1,344,254

Total liabilities and stockholders' equity

14,254,280

13,999,581

11,108,430

Net interest income (tax equivalent basis)

114,841

109,976

79,810

Net interest spread (5)

2.65

2.63

2.27

Net interest margin (6)

3.42

3.39

3.06

Tax equivalent adjustment

(1,202

)

(1,172

)

(927

)

Net interest income

113,639

108,804

78,883

(1)

Average balances are calculated on amortized cost.

(2)

Interest income is presented on a tax equivalent basis using 21% federal tax rate.

(3)

Includes loan fee income.

(4)

Loans include nonaccrual loans.

(5)

Represents difference between the average yield on interest-earning assets and the average cost of interest-bearing liabilities and is presented on a tax equivalent basis.

(6)

Represents net interest income on a tax equivalent basis divided by average total interest-earning assets.

(7)

Rates are annualized.

GRAPHIC

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v3.26.1

Document And Entity Information

Jul. 23, 2026

Document Information [Line Items]

Entity, Registrant Name

CONNECTONE BANCORP, INC.

Document, Type

8-K

Document, Period End Date

Jul. 23, 2026

Entity, Incorporation, State or Country Code

Entity, File Number

001-40751

Entity, Tax Identification Number

52-1273725

Entity, Address, Address Line One

301 Sylvan Avenue

Entity, Address, City or Town

Englewood Cliffs

Entity, Address, State or Province

Entity, Address, Postal Zip Code

07632

City Area Code

844

Local Phone Number

266-2548

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity, Emerging Growth Company

false

Amendment Flag

false

Entity, Central Index Key

0000712771

CommonStock Custom [Member]

Document Information [Line Items]

Title of 12(b) Security

Common stock

Trading Symbol

CNOB

Security Exchange Name

NASDAQ

DepositaryShares Custom [Member]

Document Information [Line Items]

Title of 12(b) Security

Depositary Shares

Trading Symbol

CNOBP

Security Exchange Name

NASDAQ

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Code for the postal or zip code

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No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

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Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

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Balance Type:

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- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

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- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

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Data Type:

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Balance Type:

Period Type:

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- Details

Name:

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Namespace Prefix:

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- Details

Name:

us-gaap_StatementClassOfStockAxis=cnob_DepositarySharesCustomMember

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