Shareholders of ConnectOne Bancorp, Inc. and The First of Long Island Corporation Approve Proposed Merger

Core Viewpoint - Shareholders of ConnectOne Bancorp and The First of Long Island Corporation have approved the merger, expected to close in Q2 2025, pending regulatory approval and customary conditions [1][2]. Group 1: Merger Details - The merger will create a combined entity operating under the ConnectOne brand, with approximately $14 billion in total assets, $11 billion in total deposits, and $11 billion in total loans [2]. - The merger positions ConnectOne as one of the top 5 banks on Long Island in terms of deposit market share [2]. Group 2: Leadership and Integration - Frank Sorrentino III, Chairman and CEO of ConnectOne, expressed satisfaction with shareholder support and highlighted the integration efforts [2]. - Chris Becker, CEO of First of Long Island, will assume the role of Vice Chairman of ConnectOne post-merger [3]. Group 3: Company Backgrounds - ConnectOne Bancorp operates through ConnectOne Bank and its fintech subsidiary BoeFly, focusing on small to middle-market businesses [4]. - The First of Long Island Corporation, founded in 1927, emphasizes a customer-first approach and offers a range of banking products [5].