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STOCK BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of stock option payment awards was estimated using the Black-Scholes option pricing model with the following assumptions and weighted average fair values:


		2014							2013							2012
Weighted average fair value of grants			$		—					$		2.50 – 5.87					$		2.03
Risk-free interest rate					—	%						1.86 – 2.29	%						2.03	%
Dividend yield					—	%						1.76 – 2.11	%						1.24	%
Expected volatility					—	%						23.21 – 33.74	%						22.04	%
Expected life in months												69 – 90							68

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

Option activity under the principal option plans as of December 31, 2014 and changes during the twelve months ended December 31, 2014 were as follows:


		Shares							Weighted- Average Exercise Price							Weighted- Average Remaining Contractual Term (In Years)							Aggregate Intrinsic Value
Outstanding at December 31, 2013					188,380					$		10.55
Granted					—							—
Assumed In Merger					795,188							4.73
Exercised					(100,911	)						8.77
Forfeited/cancelled/expired					—							—

Outstanding at December 31, 2014					882,657					$		5.65							4.38					$		11,784,579

Exercisable at December 31, 2014					882,657					$		5.65							4.38					$		11,784,579

Schedule of Share Based Compensation Stock Option Plan Table Text Block

Information related to the stock option plan during 2014:


		2014
Intrinsic value of options exercised			$		1,011,000
Cash received from options exercised					885,000
Tax benefit realized from options exercised					282,000
Weighted average fair value of options granted					—

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

The fair value of the stock granted after the Legacy ConnectOne IPO was based on the closing market price of its common stock as of the grant date. Generally, grants of restricted shares vest one-third, each, on the first, second and third anniversaries of the grant date


		Nonvested Shares							Weighted- Average Grant Date Fair Value
Nonvested at December 31, 2013					18,829					$		18.76
Assumed in Merger					52,468							11.65
Granted					—							—
Vested					(20,994	)						17.62
Forfeited/cancelled/expired					—							—

Outstanding at December 31, 2014					50,303					$		11.79

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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