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Connectone Bank

Englewood Cliffs, NJ · Cert 57919 · Connectone Bcorp Inc.

State charter, non-member · FDIC · 57 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=15). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

33

Q2 2024Q2 2026peer median (50)

Asset Quality

27

Q2 2024Q2 2026peer median (50)

Profitability

78

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

87

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Connectone Bank

Englewood Cliffs, NJ · Cert 57919 · Connectone Bcorp Inc.

State charter, non-member · FDIC · 57 branches

Q2 2026

$14.4BAssets
$11.9BLoans
$11.8BDeposits
$1.8BEquity
Loan mix
91%RE $10.2B9%C&I $1.0B0%Consumer $0.0BQ3 2024Q2 2026
Deposit mix
78%Interest-bearing $9.2B22%Noninterest $2.6BQ3 2024Q2 2026

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.4% share · #27 of 151 inst. · $11.3B of $2921.1B

7.1% Bergen
1.9% Nassau
2.1% Suffolk
4.9% Union

Executive Summary

  • Earnings: ROA of 1.24%, up 117 bps year over year; NIM at 3.30%.
  • Asset quality: problem loans at 0.68% of loans (+33 bps YoY), with net charge-offs at 0.47%.
  • Capital: tier 1 leverage ratio of 10.81%, down 200 bps from a year ago.
  • Funding: loans stand at 100.62% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.24%+117 bps YoY

Net Interest Margin (YTD, annualized)

3.30%+56 bps YoY

Efficiency Ratio (YTD, annualized)

43.75%-2,664 bps YoY

Tier 1 Leverage Ratio

10.81%-200 bps YoY

NIM

5.28%Q2 ’244.84%Q2 ’255.27%Q2 ’26+6%+20%

Non-interest income vs. expense

1.52%Q2 ’242.02%Q2 ’251.58%Q2 ’26+38%-26%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.78%0.81%0.87%0.07%0.55%0.77%1.19%1.24%+117 bps
Return on Equity6.06%6.25%6.62%0.58%4.48%6.20%9.75%10.13%+955 bps
Net Interest Margin2.59%2.66%2.79%2.74%2.48%2.68%3.29%3.30%+56 bps
Efficiency Ratio56.35%55.77%54.89%70.39%58.75%54.90%45.90%43.75%-2,664 bps
Non-Interest Burden1.37%1.39%1.44%1.86%1.37%1.39%1.46%1.38%-48 bps
Growth
Asset Growth (YoY)-0.43%0.23%-0.95%43.14%45.51%41.77%45.62%3.57%-3,957 bps
Loan Growth (YoY)-0.85%-0.83%-1.16%36.86%39.35%38.40%43.22%6.30%-3,056 bps
Deposit Growth (YoY)1.17%3.75%2.40%49.88%51.11%43.79%48.19%3.38%-4,650 bps
Asset Quality
Nonperforming Loans / Loans0.67%0.69%0.61%0.35%0.36%0.55%0.42%0.68%+33 bps
Net Charge-Offs / Loans0.16%0.16%0.17%0.15%0.16%0.16%0.23%0.47%+32 bps
Allowance / Loans1.02%1.00%1.00%1.40%1.38%1.35%1.30%1.18%-22 bps
Allowance Coverage of NPLs1.5x1.4x1.7x4.0x3.9x2.4x3.1x1.7x-2.2x
Capital
Tier 1 Leverage Ratio11.43%11.66%11.67%12.81%10.35%10.59%10.81%10.81%-200 bps
Total Risk-Based Capital13.77%13.60%13.79%13.24%13.38%13.33%13.33%13.20%-4 bps
Equity / Assets13.25%12.94%13.22%11.75%11.99%12.23%12.23%12.26%+50 bps
Liquidity & Funding
Loans / Deposits107.29%105.34%105.08%97.86%98.94%101.39%101.55%100.62%+276 bps
Liquid Assets / Assets1.93%3.03%2.49%3.59%3.18%2.06%1.82%1.79%-180 bps
CRE / Total Capitaln/an/an/an/a575%583%585%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Connectone Bank

Englewood Cliffs, NJ · Cert 57919 · Peer group: banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (n=15) · Connectone Bcorp Inc.

State charter, non-member · FDIC · 57 branches

Q2 2026

$14.4BAssets
$11.9BLoans
$11.8BDeposits
$1.8BEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 87% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 2 of 15).
  • Widest gap: net charge-offs / loans trails 93% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 15 of 15).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.22%

Rank 3 of 15

Net Interest Margin

3.30%

Rank 2 of 15

Efficiency Ratio

46.07%

Rank 3 of 15

Equity / Assets

12.26%

Rank 5 of 15

Non-interest income vs. expense

$29.1M$226.4MINCOMEEXPENSE
Unfavorable gap of $197.2M · efficiency ratio beats 87% of banks over $10B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 46.07%Peer median 55.4%Q2 2025Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.22%0.74%0.98%1.14%Beats 80%3 / 15
Return on Equity9.98%5.21%8.81%10.53%Beats 67%5 / 15
Net Interest Margin3.30%1.76%2.56%3.09%Beats 87%2 / 15
Efficiency Ratio46.07%49.33%55.36%65.80%Beats 87%3 / 15
Asset Quality
Nonperforming Loans / Loans0.68%0.39%0.66%0.92%Beats 47%9 / 15
Net Charge-Offs / Loans0.24%0.01%0.03%0.10%Beats 7%15 / 15
Capital
Tier 1 Capital Ratio12.31%12.31%14.32%17.39%Beats 20%12 / 15
Total Risk-Based Capital Ratio13.20%13.34%14.76%19.29%Beats 13%13 / 15
Equity / Assets12.26%8.06%10.22%12.59%Beats 67%5 / 15
Liquidity & Funding
Loans / Deposits100.62%52.62%85.61%96.57%87th pctl2 / 15
Loans / Assets82.41%32.81%69.81%78.17%93rd pctl1 / 15
Brokered Deposits / Depositsn/aNot reported for this institution