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Quarterly Financial Information of ConnectOne Bancorp, Inc. (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]

Note 24 - Quarterly Financial Information of ConnectOne Bancorp, Inc. (unaudited)

2019

4th Quarter

3rd Quarter

2nd Quarter

1st Quarter

(dollars in thousands, except per share data)

Total interest income

$

68,008

$

70,389

$

67,878

$

65,209

Total interest expense

 

20,577

 

21,983

 

22,348

 

20,257

Net interest income

47,431

48,406

45,530

44,952

Provision for loan losses

500

2,000

1,100

4,500

Total other income, net of securities gains

2,246

2,109

1,942

1,738

Other expenses

 

22,197

 

20,379

 

21,590

 

28,062

Income before income taxes

26,980

28,136

24,782

14,128

Income tax expense

 

6,197

 

6,440

 

5,501

 

2,493

Net income

$

20,783

$

21,696

$

19,281

$

11,635

Earnings per share:

Basic

$

0.59

$

0.60

$

0.55

$

0.33

Diluted

0.59

0.60

0.54

0.33

 

 

2018

 

 

 

4th Quarter

 

 

3rd Quarter

 

 

2nd Quarter

 

 

1st Quarter

 

 

 

(dollars in thousands, except per share data)

 

Total interest income

 

$

57,223

 

 

$

55,351

 

 

$

53,084

 

 

$

50,475

 

Total interest expense

 

 

17,062

 

 

 

15,389

 

 

 

14,139

 

 

 

12,328

 

Net interest income

 

 

40,161

 

 

 

39,962

 

 

 

38,945

 

 

 

38,147

 

Provision for loan losses

 

 

1,100

 

 

 

1,100

 

 

 

1,100

 

 

 

17,800

 

Total other income, net of securities gains

 

 

1,515

 

 

 

1,429

 

 

 

1,388

 

 

 

1,407

 

Other expenses

 

 

18,266

 

 

 

18,287

 

 

 

17,108

 

 

 

17,059

 

Income before income taxes

 

 

22,310

 

 

 

22,004

 

 

 

22,125

 

 

 

4,695

 

Income tax expense

 

 

3,638

 

 

 

2,102

 

 

 

4,598

 

 

 

444

 

Net income

 

$

18,672

 

 

$

19,902

 

 

$

17,527

 

 

$

4,251

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.58

 

 

$

0.62

 

 

$

0.54

 

 

$

0.13

 

Diluted

 

 

0.58

 

 

 

0.61

 

 

 

0.54

 

 

 

0.13