Note 22 - Quarterly Financial Information of ConnectOne Bancorp, Inc. (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

Quarterly Financial Information [Table Text Block]

	2022
	4th Quarter		3rd Quarter		2nd Quarter		1st Quarter
	(dollars in thousands, except per share data)
Total interest income	$	112,469	$	96,980	$	85,356	$	78,941
Total interest expense		34,460		18,819		9,765		8,583
Net interest income		78,009		78,161		75,591		70,358
Provision for credit losses		3,300		10,000		3,000		1,450
Total other income		3,508		3,322		3,359		3,054
Other expenses		33,312		32,143		31,703		29,230
Income before income taxes		44,905		39,340		44,247		42,732
Income tax expense		12,348		10,425		11,889		11,351
Net income		32,557		28,915		32,358		31,381
Preferred dividends		1,510		1,509		1,509		1,509
Net income available to common stockholders	$	31,047	$	27,406	$	30,849	$	29,872
Earnings per share:
Basic	$	0.79	$	0.70	$	0.78	$	0.76
Diluted		0.79		0.70		0.78		0.75

Note: Due to rounding, quarterly earnings per share for 2022 do not sum to reported annual earnings per share.

	2021
	4th Quarter		3rd Quarter		2nd Quarter			1st Quarter
	(dollars in thousands, except per share data)
Total interest income	$	79,040	$	77,026	$	73,051		$	72,621
Total interest expense		8,579		8,781		10,042			11,458
Net interest income		70,461		68,245		63,009			61,163
Provision for (reversal of) credit losses		815		1,100		(1,649	)		(5,766	)
Total other income, net of securities gains		3,777		4,016		4,472			3,426
Other expenses		28,084		28,183		26,259			26,485
Income before income taxes		45,339		42,978		42,871			43,870
Income tax expense		12,301		10,881		10,652			10,871
Net income		33,038		32,097		32,219			32,999
Preferred dividends		1,717		-		-			-
Net income available to common stockholders	$	31,321	$	32,097	$	32,219		$	32,999
Earnings per share:
Basic	$	0.79	$	0.81	$	0.81		$	0.83
Diluted		0.79		0.80		0.81			0.82