XML 52 R40.htm IDEA: XBRL DOCUMENT v3.25.2
Note 2 - Business Combination - Schedule of Purchase Price Consideration (Details)
Jun. 01, 2025
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Goodwill   $ 215,611,000 $ 208,372,000
First of Long Island Corporation [Member]      
Exchange Ratio 0.5175    
ConnectOne shares entitlement (in shares) | shares 11,790,116    
Fractional shares subject to cash in lieu $ (383)    
Price per share of ConnectOne common stock on June 1, 2025 (in dollars per share) | $ / shares $ 22.97    
Total fair value of stock consideration issued $ 270,818,953    
Cash consideration paid 8,727    
Total purchase price consideration 270,827,680    
Cash and cash equivalents 54,869,000    
Securities available-for-sale 596,702,000    
Premises and equipment, net 45,895,000    
Pension plan assets 11,617,000    
Core deposit intangible 63,206,000    
Other assets 107,480,000    
Total assets acquired 3,905,094,000    
Deposits 3,251,147,000    
Borrowings 360,405,000    
Other liabilities 29,953,000    
Total liabilities assumed 3,641,505,000    
Net assets acquired 263,589,000    
Goodwill 7,239,000    
First of Long Island Corporation [Member] | Loans Receivable [Member]      
Financial assets 2,882,951,000    
First of Long Island Corporation [Member] | Investment in Restricted Stock [Member]      
Financial assets 24,276,000    
First of Long Island Corporation [Member] | Bank-owned Life Insurance [Member]      
Financial assets $ 118,098,000    
First of Long Island Corporation [Member] | FLIC Common Stock [Member]      
FLIC common shares settled for stock (in shares) | shares 22,783,572    
First of Long Island Corporation [Member] | ConnectOne Share Entitlement [Member]      
ConnectOne shares entitlement (in shares) | shares 11,790,499