Vitals
  • Total Assets
    4.4B 10.2 %
  • Total Deposits
    3.4B 19.4 %
  • Total Net Loans
    3.5B 14.8 %
  • Net Income
    34.3M -20.2 %
  • Book Value
    580.0M 12.4 %
  • Book Value x2
    1.2B 12.4 %
  • Book Value x3
    1.7B 12.4 %
ROAA

.811

ROAE

6.344

Efficiency Ratio

41.263

Net Interest Margin

3.463

Balance Sheet Highlights
Financial Highlights Connectone Bank All Insured Commercial Banks in New Jersey
Balance Sheet $(000)
Total Assets 4,425,259 941,236
Total Net Loans 3,528,093 666,560
Total Deposits 3,351,279 782,459
Total Equity 580,048 105,130
Profitability
Net Income 34,326 8,451
Return on Average Assets .811 .672
Return on Average Equity 6.344 6.44
Net Interest Margin 3.463 3.432
Efficiency Ratio 41.263 74.417
Noninterest Income/Revenue 3.276 18.002
Balance Sheet Ratios
Loan-to-Deposit 105.276 86.355
Securities/Assets .079 .113
Total Equity/Total Assets .131 .112
Tangible Equity/Tangible Assets .097 .102
Capital Adequacy
Tier 1 Common Capital 434,067 95,604
Tier 1 Capital 434,067 95,771
Tier 2 Capital 25,744 8,179
Total Capital 459,811 103,980
Total Risk Weighted Assets 3,954,305 734,206
Leverage Ratio 10.34 9.818
Common Equity Tier 1 Capital Ratio 10.98 13.154
Tier 1 Capital Ratio 10.98 13.207
Total Capital Ratio 11.63 14.399

Timeline for Connectone Bank

Union Center National Bank

Acquisition: Connectone Bank acquired a new subsidiary, Union Center National Bank, 9 years

View Profile Jul 01 2014

Center Advertising, Inc.

Center Advertising, Inc. became a new subsidiary organization for Connectone Bank.

View Profile Jul 01 2014

Center Financial Group Llc

Center Financial Group Llc became a new subsidiary organization for Connectone Bank.

View Profile Jul 01 2014

Union Investment Co.

Union Investment Co. became a new subsidiary organization for Connectone Bank.

View Profile Jul 01 2014

Morris Property Company, Llc

Morris Property Company, Llc became a new subsidiary organization for Connectone Bank.

View Profile Jul 01 2014

Want to see more?

Complete timeline for Connectone Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Union Center National Bank Seller 1,665,105 Acquisition Discontinued 7/1/2014
Citizens Community Bank Seller 40,657 Failure 5/1/2009
Relationships Role Relationship Start Relationship End
Connectone Bancorp, Inc. Parent 7/1/2014
Connectone Bancorp, Inc. Parent 8/1/2008 6/30/2014
Center Advertising, Inc. Subsidary 7/1/2014
Center Financial Group Llc Subsidary 7/1/2014
Union Investment Co. Subsidary 7/1/2014
Morris Property Company, Llc Subsidary 7/1/2014
Njcb Spec-1, Llc Subsidary 8/1/2010
Njcb Investment Company, Inc. Subsidary 10/1/2013 4/23/2015
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