ConnectOne Bancorp Inc 2025年季度报告

FORM10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934For the Quarterly Period EndedSeptember 30, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period fromtoCommission File Number:001-40751 CONNECTONE BANCORP, INC.(Exact Name of Registrant as Specified in Its Charter) 301 Sylvan AvenueEnglewood Cliffs,New Jersey07632(Address of Principal Executive Offices) (Zip Code)844-266-2548(Registrant’s Telephone Number, Including Area Code)Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or emerging growth company. See definition of “large accelerated filer”, “accelerated filer” “smaller reporting company” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act (check one): Largeacceleratedfiler☒Acceleratedfiler☐Non-acceleratedfiler☐Smallerreportingcompany☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.☐ Indicatebycheckmarkwhetherthe registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.Common Stock, no par value:50,273,089shares(Title of Class)(Outstanding as of November 3, 2025) Table of Contents Item 1.Financial Statements3Consolidated Statements of Condition as ofSeptember 30, 2025(unaudited) and December 31, 20243Consolidated Statements of Income for thethree and nine months ended September 30, 2025 and 2024(unaudited)4Consolidated Statements of Comprehensive Income for thethree and nine months ended September 30, 2025and 2024 (unaudited)5Consolidated Statements of Changes in Stockholders’Equity for thethree and nine months ended September 30,2025 and 2024 (unaudited)6Consolidated Statements of Cash Flows for thenine months ended September 30, 2025 and 2024 (unaudited)8Notes to Consolidated Financial Statements (unaudited)10Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations55Item 3.Qualitative and Quantitative Disclosures about Market Risks75Item 4.Controls and Procedures75PART II–OTHER INFORMATIONItem 1.Legal Proceedings76Item 1a.Risk Factors76Item 2.Unregistered Sales of Equity Securities and Use of Proceeds76Item 3.Defaults Upon Senior Securities76Item 4.Mine Safety Disclosures76Item 5.Other Information76Item 6.Exhibits77SIGNATURES782 CONNECTONE BANCORP, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CONDITION COMMITMENTS AND CONTINGENCIES STOCKHOLDERS’ EQUITYPreferred Stock,nopar value:1,000per share liquidation preference; Authorized5,000,000shares; issued115,000 CONNECTONE BANCORP, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF INCOME(unaudited) CONNECTONE BANCORP, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(unaudited) CONNECTONE BANCORP, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’EQUITY(unaudited) CONNECTONE BANCORP, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’EQUITY(unaudited)(continued) CONNECTONE BANCORP, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS(unaudited) (continued) Supplemental disclosures of noncash activitiesBusiness Combination CONNECTONE BANCORP, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(unaudited) Note1a.Nature of Operations, Principles of Consolidation and Risk and Uncertainties Nature of Operations ConnectOne Bancorp, Inc. (the “Parent Corporation”) is incorporated under the laws of the State of New Jersey and is aregistered bank holding company under the Bank Holding Company Act of1956,as amended (the “BHCA”). The ParentCorporation’s business currently consists of the operation of its wholly-owned subsidiary, ConnectOne Bank (the “Bank” and,collectively with the Parent Corporation and the Parent Corporation’s subsidiaries, the “Company”) and making certain limitedinvestments. The Bank’s