Business Combinations (Tables)

6 Months Ended

Jun. 30, 2015

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The table below summarizes the amounts recognized as of the Merger date for each major class of assets acquired and liabilities assumed, the estimated fair value adjustments and the amounts recorded in the Company’s financial statements at fair value at the Merger date (in thousands):

	Legacy ConnectOne carrying value			Fair value adjustments				As recorded at acquisition
Cash and cash equivalents	$	70,318		$	—			$	70,318
Investment securities		28,436			16		(a)		28,452
Restricted stock		13,646			—				13,646
Loans held for sale		190			—				190
Loans		1,304,600			(5,316	)	(b)		1,299,284
Bank owned life insurance		15,481			—				15,481
Premises and equipment		7,380			(905	)	(c)		6,475
Accrued interest receivable		4,470			—				4,470
Core deposit and other intangibles		—			5,308		(d)		5,308
Other real estate owned		2,455			—				2,455
Other assets		10,636			3,650		(e)		14,286
Deposits		(1,049,666	)		(1,676	)	(f)		(1,051,342	)
FHLB borrowings		(262,046	)		(1,324	)	(g)		(263,370	)
Other liabilities		(10,527	)		—				(10,527	)
Total identifiable net assets	$	135,373		$	(247	)		$	135,126
Goodwill recorded in the Merger								$	129,105

Schedule of Accountable Loans for Business Combinations in Accordance with FASB ASC 310-30 [Table Text Block]

The acquired loan portfolio subject to purchased credit impairment accounting guidance (ASC 310-30) as of July 1, 2014 was comprised of collateral dependent loans with deteriorated credit quality as follows (in thousands):

	ASC 310-30 Loans
Contractual principal and accrued interest at acquisition	$	23,284
Principal not expected to be collected (non-accretable discount)		(6,942	)
Expected cash flows at acquisition		16,342
Interest component of expected cash flows (accretable discount)		(5,013	)
Fair value of acquired loans	$	11,329