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Note 2 - Business Combination (Tables)
9 Months Ended
Sep. 30, 2025
Notes Tables  
Business Combination [Table Text Block]
  

As of

 
  

June 1, 2025

 

(dollars in thousands, except for per share data)

    

Purchase Price Consideration

    

FLIC common shares settled for stock

  22,783,572 

Exchange Ratio

  0.5175 

ConnectOne shares entitlement

  11,790,499 

Fractional shares subject to cash in lieu

  (383)

ConnectOne whole shares issued

  11,790,116 

Price per share of ConnectOne common stock on June 1, 2025

 $22.97 

Total fair value of stock consideration issued

 $270,819 

Cash consideration paid

  9 

Total purchase price consideration

 $270,828 
 
Schedule of Receivables Acquired [Table Text Block]
          

Gross-up for PCD

     
  

Unpaid Principal

  

Total Discount at

  

Allowance for Credit

  

Fair Value of PCD

 

(dollars in thousands)

 

Balance

  

Acquisition

  

Losses at Acquisition

  

Loans at Acquisition

 

Total PCD Loans

 $271,904  $(34,394) $(43,336) $194,174 
Business Combination, Pro Forma Information [Table Text Block]
  

Nine Months Ended September 30,

 

(in thousands)

 

2025

  

2024

 

Net interest income

 $300,771  $262,608 

Net income

 $104,766  $58,690