The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 80,443 |
| Depreciation and amortization of premises and equipment | 6,087 |
| Provision for credit losses | 47,000 |
| Amortization of intangibles | 7,922 |
| Net accretion of loans | 23,902 |
| Accretion on bank premises | 0 |
| Amortization (accretion) on deposits | -1,236 |
| Amortization on borrowings | 22 |
| Net deferred income tax (benefit) expense | -2,772 |
| Loss on bank owned life insurance policy exchange | 327 |
| Stock-based compensation | 4,648 |
| (gain) loss on equity securities, net | 1,704 |
| Gain on sale of loans held-for-sale, net | 2,003 |
| Loans originated for resale | 30,321 |
| Proceeds from sale of loans held-for-sale | 32,676 |
| Net loss on disposition of fixed assets | -1,275 |
| Net loss on sale of other real estate owned | 0 |
| Accretion of cash surrender value of bank owned life insurance | 9,548 |
| Accretion of discounts and amortization of premium on securities available-for-sale | 746 |
| Amortization of subordinated debt issuance costs | 645 |
| (increase) decrease in accrued interest receivable | 1,327 |
| Net change in operating leases | -1,042 |
| (increase) decrease in other assets | 10,628 |
| Increase (decrease) in other liabilities | 8,110 |
| Net cash provided by operating activities | 106,398 |
| Purchases | 441,441 |
| Sales | 277,477 |
| Maturities, calls and principal repayments | 161,768 |
| Purchases of equity securities | 1,825 |
| Proceeds from equity securities sold | 4,334 |
| Net redemptions (purchases) of restricted investment in bank stocks | -10,003 |
| Loans held-for-sale payments | 0 |
| Net (increase) decrease in loans | 246,232 |
| Proceeds from sale of other real estate owned | 0 |
| Proceeds from bank owned life insurance | 278 |
| Purchases of premises and equipment | 5,389 |
| Proceeds from disposition of fixed assets | 0 |
| Cash acquired, net of cash consideration paid in acquisition | -54,869 |
| Net cash (used in) provided by investing activities | -186,158 |
| Net increase in deposits | 168,118 |
| Proceeds from issuance of subordinated debt | 200,000 |
| Redemption of subordinated debt | 75,000 |
| Payment of subordinated debt issuance costs | 3,725 |
| Proceeds from fhlb borrowings | 966,000 |
| Repayment of fhlb borrowings | 1,111,002 |
| Cash dividends paid on preferred stock | 6,036 |
| Cash dividends paid on common stock | 31,956 |
| Purchase of treasury stock | 0 |
| Proceeds from exercise of stock options | 0 |
| Share redemption for tax withholdings on performance units and deferred stock units earned | 2,232 |
| Net cash provided by (used in) financing activities | 104,167 |
| Net change in cash and cash equivalents | 24,407 |
| Cash and cash equivalents at beginning of period | 356,488 |
| Cash and cash equivalents at end of period | 380,895 |
ConnectOne Bancorp, Inc. (CNOB)
ConnectOne Bancorp, Inc. (CNOB)