ConnectOne Bancorp, Inc.

For the period ended Dec 31, 2025. Filed Feb 24, 2026.

About this filing

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.

FY2025 · Filed Feb 24, 2026

CNOB$32.82-0.6%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

	Years Ended December 31,
	2025	2024	2023
(dollars in thousands, except for per share data)
Interest income:
Interest and fees on loans	$581,136	$477,859	$453,992
Interest and dividends on investment securities:
Taxable	36,085	18,561	16,666
Tax-exempt	6,525	4,503	4,641
Dividends	3,694	4,349	3,662
Interest on federal funds sold and other short-term investments	17,428	12,617	11,104
Total interest income	644,868	517,889	490,065
Interest expense:
Deposits	260,294	244,846	206,176
Borrowings	31,323	25,706	28,783
Total interest expense	291,617	270,552	234,959
Net interest income	353,251	247,337	255,106
Provision for credit losses	47,000	13,800	8,200
Net interest income after provision for credit losses	306,251	233,537	246,906
Noninterest income:
Deposit, loan and other income	11,701	6,861	6,098
Defined benefit pension plan curtailment gain	3,501	-	-
Employee retention tax credit	6,608	-	-
Income on bank owned life insurance	9,548	7,142	6,316
Net gains on sale of loans held-for-sale	2,003	2,723	1,704
Net gains (losses) on equity securities	1,704	2	(117)
Total noninterest income	35,065	16,728	14,001
Noninterest expense:
Salaries and employee benefits	111,423	90,053	88,223
Occupancy and equipment	16,545	11,615	10,884
FDIC insurance	8,600	7,200	8,365
Professional and consulting	10,801	8,447	7,547
Marketing and advertising	3,180	2,420	1,965
Information technology and communications	20,005	17,574	14,340
Restructuring and exit charges	994	-	-
Merger expenses	34,461	1,605	-
Branch closing expenses	1,275	477	-
Bank owned life insurance restructuring charge	327	-	-
Amortization of core deposit intangible	7,922	1,235	1,438
Other expenses	13,040	11,172	11,187
Total noninterest expenses	228,573	151,798	143,949
Income before income tax expense	112,743	98,467	116,958
Income tax expense	32,300	24,674	29,955
Net income	80,443	73,793	87,003
Preferred dividends	6,036	6,036	6,036
Net income available to common stockholders	$74,407	$67,757	$80,967
Earnings per common share:
Basic	$1.64	$1.77	$2.08
Diluted	1.63	1.76	2.07

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.