ConnectOne Bancorp, First of Long Island shareholders approve proposed merger

ConnectOne Bancorp (CNOB) and First of Long Island (FLIC) announced that at separate special meetings the shareholders of both companies approved proposals relating to the pending merger of ConnectOne and First of Long Island. Closing of the transaction is expected to occur in the second quarter of 2025, subject to the receipt of regulatory approval and other customary closing conditions. Upon completion of the transaction, the combined company will operate under the ConnectOne brand, and will have approximately $14B in total assets, $11B in total deposits, and $11B in total loans.