Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 11, 2024

_______________________________

CONNECTONE BANCORP, INC.

(Exact name of registrant as specified in its charter)

_______________________________

New Jersey	000-11486	52-1273725
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

301 Sylvan Avenue

Englewood Cliffs, New Jersey 07632

(Address of Principal Executive Offices) (Zip Code)

(201) 816-8900

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock	CNOB	NASDAQ
Depositary Shares (each representing a 1/40th interest in a share of 5.25% Series A Non-Cumulative, perpetual preferred stock)	CNOBP	NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On June 11, 2024, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

99.1		Press Release dated June 11, 2024
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	ConnectOne Bancorp, Inc.


Date: June 11, 2024	By:	/s/ William S. Burns
		William S. Burns
		Senior Executive Vice President and Chief Financial Officer

Exhibit 99.1

ConnectOne Bancorp, Inc. Adds Veteran Banking and Financial Services Consultant Susan O’Donnell to Board of Directors

Strategic Appointment Builds on Regional Bank’s Sustainable Growth Strategy

Englewood Cliffs, NJ – June 11, 2024 – ConnectOne Bank (“ConnectOne”), the wholly-owned depository subsidiary of ConnectOne Bancorp, Inc. (NASDAQ: CNOB), today announces the addition of seasoned financial services consultant Susan O’Donnell to its Board of Directors to deepen its bench of industry leaders from the financial services and banking industries.

“Susan brings a strategic mindset to our board having advised banks and financial institutions over a 30-year career,” said Frank Sorrentino, Chairman and CEO of ConnectOne. “Her proven track record and leadership skills are a perfect match for us as we encounter the need to make tough strategic decisions to drive ConnectOne’s continued sustainable growth. We are proud to have Susan’s expertise and look forward to working with her.”

O’Donnell has significant experience in executive and board compensation and governance, with a specialty in financial institutions. Throughout her career, she has advised and educated bank boards and management teams on strategic compensation, corporate structure, shareholder alignment/engagement, and the importance of long-term vision as the banking landscape continues to evolve.

“ConnectOne is an industry leader and a growth-oriented financial institution that is always looking to the future, by focusing on people and technology in innovative ways that best serve their clients'’ said O’Donnell. “I look forward to joining this esteemed Board of Directors and leadership team and contributing to ConnectOne’s future success.

Previously, O’Donnell held leadership roles at Meridian Compensation Partners and Pearl Meyer & Partners where she advised boards and senior management on board compensation, governance, long-term incentive plan design, risk and performance assessment, shareholder engagement and succession planning. She also spoke regularly at industry associations on emerging practices for publicly traded financial institutions. She is also a board member of Belknap House, a community non-profit that provides shelter and resources for homeless families.

About ConnectOne Bank

ConnectOne Bank, a subsidiary of ConnectOne Bancorp, Inc. (NASDAQ: CNOB) is a leading commercial bank with total assets nearing $10 Billion. ConnectOne offers a full suite of banking and lending services to commercial, small business and consumer clients. Founded by Frank Sorrentino, an entrepreneur, ConnectOne combines leading digital solutions with high-level service to offer an unparalleled experience to its clients.

Investor Contact:
William S. Burns
Senior Executive Vice President & CFO
201.816.4474: bburns@cnob.com

Media Contact:
Shannan Weeks
MWW
732.299.7890: sweeks@mww.com

Document And Entity Information	Jun. 11, 2024
Document Information [Line Items]
Entity, Registrant Name	CONNECTONE BANCORP, INC.
Document, Type	8-K
Document, Period End Date	Jun. 11, 2024
Entity, Incorporation, State or Country Code	NJ
Entity, File Number	000-11486
Entity, Tax Identification Number	52-1273725
Entity, Address, Address Line One	301 Sylvan Avenue
Entity, Address, City or Town	Englewood Cliffs
Entity, Address, State or Province	NJ
Entity, Address, Postal Zip Code	07632
City Area Code	201
Local Phone Number	816-8900
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity, Emerging Growth Company	false
Amendment Flag	false
Entity, Central Index Key	0000712771
CommonStock Custom [Member]
Document Information [Line Items]
Title of 12(b) Security	Common stock
Trading Symbol	CNOB
Security Exchange Name	NASDAQ
DepositaryShares Custom [Member]
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares
Trading Symbol	CNOBP
Security Exchange Name	NASDAQ