XML 92 R131.htm IDEA: XBRL DOCUMENT v2.4.1.9
PARENT CORPORATION ONLY FINANCIAL STATEMENTS (Details) - Condensed Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income $ 18,565,000us-gaap_NetIncomeLoss $ 19,925,000us-gaap_NetIncomeLoss $ 17,507,000us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
(Increase) decrease in other assets 2,200,000us-gaap_IncreaseDecreaseInOtherOperatingAssets 414,000us-gaap_IncreaseDecreaseInOtherOperatingAssets (1,465,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Decrease in other liabilities 377,000us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (1,792,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 980,000us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Stock based compensation 223,000us-gaap_ShareBasedCompensation 59,000us-gaap_ShareBasedCompensation 39,000us-gaap_ShareBasedCompensation
Cash flows from financing activities:      
Cash dividends on common stock (6,940,000)us-gaap_PaymentsOfDividendsCommonStock (4,254,000)us-gaap_PaymentsOfDividendsCommonStock (2,778,000)us-gaap_PaymentsOfDividendsCommonStock
Cash dividends on preferred stock (140,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (141,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (363,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Proceeds from exercise of stock options 885,000us-gaap_ProceedsFromStockOptionsExercised 21,000us-gaap_ProceedsFromStockOptionsExercised 141,000us-gaap_ProceedsFromStockOptionsExercised
Decrease in cash and cash equivalents 44,155,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (23,446,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (4,963,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 82,692,000us-gaap_CashAndCashEquivalentsAtCarryingValue 106,138,000us-gaap_CashAndCashEquivalentsAtCarryingValue 111,101,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at the end of year 126,847,000us-gaap_CashAndCashEquivalentsAtCarryingValue 82,692,000us-gaap_CashAndCashEquivalentsAtCarryingValue 106,138,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Parent Company [Member]      
Cash flows from operating activities:      
Net income 18,565,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
19,925,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
17,507,000us-gaap_NetIncomeLoss
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Adjustments to reconcile net income to net cash provided by operating activities:      
Net gains on sales of available for sale securities   (22,000)us-gaap_GainLossOnSaleOfEquityInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(26,000)us-gaap_GainLossOnSaleOfEquityInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Equity in undistributed earnings of subsidiary (9,890,000)cnob_EquityInUndistributedIncomeOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(15,916,000)cnob_EquityInUndistributedIncomeOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(15,709,000)cnob_EquityInUndistributedIncomeOfSubsidiaries
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(Increase) decrease in other assets (1,979,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(167,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
563,000us-gaap_IncreaseDecreaseInOtherOperatingAssets
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Decrease in other liabilities (1,010,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(276,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(772,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Stock based compensation 223,000us-gaap_ShareBasedCompensation
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
59,000us-gaap_ShareBasedCompensation
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
39,000us-gaap_ShareBasedCompensation
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash provided by operating activities 5,909,000us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
3,603,000us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
1,602,000us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash flows from investing activities:      
Proceeds from sales of available-for-sale securities   181,000us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
375,000us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Purchase of available-for-sale securities     (410,000)cnob_PurchaseOfAvailableForSaleSecurities
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash provided by (used in) investing activities   181,000us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(35,000)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash flows from financing activities:      
Cash dividends on common stock (6,940,000)us-gaap_PaymentsOfDividendsCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(4,254,000)us-gaap_PaymentsOfDividendsCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(2,778,000)us-gaap_PaymentsOfDividendsCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash dividends on preferred stock (140,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(141,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(363,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Issuance of restricted stock award   243,000us-gaap_ProceedsFromSaleOfRestrictedInvestments
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
 
Issuance cost of common stock (7,000)us-gaap_ProceedsFromIssuanceOfCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(13,000)us-gaap_ProceedsFromIssuanceOfCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(8,000)us-gaap_ProceedsFromIssuanceOfCommonStock
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Proceeds from exercise of stock options 885,000us-gaap_ProceedsFromStockOptionsExercised
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
21,000us-gaap_ProceedsFromStockOptionsExercised
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
141,000us-gaap_ProceedsFromStockOptionsExercised
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Tax expense from stock based compensation 282,000cnob_TaxExpenseFromStockBasedCompensation
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
16,000cnob_TaxExpenseFromStockBasedCompensation
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
28,000cnob_TaxExpenseFromStockBasedCompensation
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Net cash used in financing activities (5,920,000)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(4,128,000)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(2,980,000)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Decrease in cash and cash equivalents (11,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(344,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
(1,413,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash and cash equivalents at beginning of year 285,000us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
629,000us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
2,042,000us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
Cash and cash equivalents at the end of year $ 274,000us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 285,000us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember
$ 629,000us-gaap_CashAndCashEquivalentsAtCarryingValue
/ dei_LegalEntityAxis
= us-gaap_ParentCompanyMember