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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 $0.0BQ2 2025Q2 2026
Deposit mix
78%Interest-bearing $9.2B22%Noninterest $2.6BQ2 2025Q2 2026

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%

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.

Financial Results

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

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.07%0.55%0.77%1.19%1.24%+117 bps
Return on Equity0.58%4.48%6.20%9.75%10.13%+955 bps
Net Interest Margin2.74%2.48%2.68%3.29%3.30%+56 bps
Efficiency Ratio70.39%58.75%54.90%45.90%43.75%-2,664 bps
Non-Interest Burden1.86%1.37%1.39%1.46%1.38%-48 bps
Growth
Asset Growth (YoY)43.14%45.51%41.77%45.62%3.57%-3,957 bps
Loan Growth (YoY)36.86%39.35%38.40%43.22%6.30%-3,056 bps
Deposit Growth (YoY)49.88%51.11%43.79%48.19%3.38%-4,650 bps
Asset Quality
Nonperforming Loans / Loans0.35%0.36%0.55%0.42%0.68%+33 bps
Net Charge-Offs / Loans0.15%0.16%0.16%0.23%0.47%+32 bps
Allowance / Loans1.40%1.38%1.35%1.30%1.18%-22 bps
Allowance Coverage of NPLs4.0x3.9x2.4x3.1x1.7x-2.2x
Capital
Tier 1 Leverage Ratio12.81%10.35%10.59%10.81%10.81%-200 bps
Total Risk-Based Capital13.24%13.38%13.33%13.33%13.20%-4 bps
Equity / Assets11.75%11.99%12.23%12.23%12.26%+50 bps
Liquidity & Funding
Loans / Deposits97.86%98.94%101.39%101.55%100.62%+276 bps
Liquid Assets / Assets3.59%3.18%2.06%1.82%1.79%-180 bps
CRE / Total Capitaln/a575%583%585%n/an/a