The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 40,976 | -51 |
| Loss on bank owned life insurance policy exchange | - | 327 |
| Depreciation and amortization of premises and equipment | 1,841 | 2,423 |
| Provision for credit losses | 5,500 | 39,200 |
| Loss on bank owned life insurance policy exchange | 327 | - |
| Amortization of intangibles | 3,196 | 1,530 |
| Net accretion of loan purchase discounts | 10,210 | 3,745 |
| Accretion on bank premises | -24 | 24 |
| Amortization (accretion) on time deposits | -647 | -233 |
| Amortization on borrowings, net | 6 | 11 |
| Stock-based compensation | 1,304 | 2,515 |
| Gains on equity securities, net | 1,674 | 876 |
| Gains on sale of loans held-for-sale, net | 859 | 513 |
| Loans originated for resale | 10,554 | 10,798 |
| Proceeds from sale of loans held-for-sale | 12,440 | 11,027 |
| Net loss on disposition of premises and equipment | -87 | - |
| Increase in cash surrender value of bank owned life insurance | 2,931 | 3,671 |
| Accretion of discounts and amortization of premium on securities available-for-sale | 425 | 56 |
| Amortization of subordinated debentures issuance costs | 177 | 282 |
| (increase) decrease in accrued interest receivable | -540 | 1,736 |
| Net change in operating leases | -150 | 1,060 |
| Increase in other assets | 5,031 | 15,950 |
| Increase (decrease) in other liabilities | 2,446 | 160 |
| Net cash provided by operating activities | 37,350 | 21,348 |
| Purchases | 61,402 | 330,264 |
| Sales | 0 | 277,477 |
| Maturities, calls and principal repayments | 54,724 | 48,258 |
| Purchase of equity securities | 712 | 1,113 |
| Proceeds from equity securities sold | 1,960 | 2,374 |
| Net redemptions of restricted investment in bank stocks | 2,268 | -15,477 |
| Net (increase) decrease in loans | 134,072 | -32,031 |
| Proceeds from bank owned life insurance | 0 | 278 |
| Purchases of premises and equipment | 3,456 | 331 |
| Cash acquired, net of cash consideration paid in acquisition | 0 | -54,861 |
| Net cash (used in) provided by investing activities | -145,226 | 99,048 |
| Net increase (decrease) in deposits | 90,161 | 206,993 |
| Proceeds from issuance of subordinated debt | 0 | 200,000 |
| Redemption of subordinated debt | 75,000 | - |
| Payment of subordinated debt issuance costs | 0 | 3,726 |
| Proceeds from fhlb borrowings | 50,000 | 740,000 |
| Repayment of fhlb borrowings | 422 | 1,004,621 |
| Cash dividends on preferred stock | 1,509 | 3,018 |
| Cash dividends paid on common stock | 9,055 | 13,845 |
| Repurchase of common stock | 0 | 0 |
| Share redemption for tax withholdings on performance units, deferred stock units earned and restricted stock units | 98 | 2,134 |
| Net cash provided by (used in) financing activities | 54,077 | 119,649 |
| Net change in cash and cash equivalents | -53,799 | 240,045 |
| Cash and cash equivalents at beginning of period | 356,488 | - |
| Cash and cash equivalents at end of period | 542,734 | - |
ConnectOne Bancorp, Inc. (CNOB)
ConnectOne Bancorp, Inc. (CNOB)