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Interest and fees on loans
$581,136K
Taxable
$36,085K
Interest on federal funds
sold and other...
$17,428K
Tax-exempt
$6,525K
Dividends
$3,694K
Total interest income
$644,868K
Net interest income
$353,251K
Deposit, loan and other
income
$11,701K
Income on bank owned
life insurance
$9,548K
Employee retention tax
credit
$6,608K
Defined benefit pension
plan curtailment...
-$3,501K
Net gains on sale of
loans held-for-sale
$2,003K
Net gains (losses)
on equity...
$1,704K
Total interest
expense
$291,617K
Net interest income
after provision for...
$306,251K
Total noninterest
income
$35,065K
Provision for credit
losses
$47,000K
Deposits
$260,294K
Borrowings
$31,323K
Income before income
tax expense
$112,743K
Total noninterest
expenses
$228,573K
Net income
$80,443K
Income tax expense
(benefit)
$32,300K
Salaries and employee
benefits
$111,423K
Merger expenses
$34,461K
Information technology and
communications
$20,005K
Occupancy and equipment
$16,545K
Other expenses
$13,040K
Professional and consulting
$10,801K
Fdic insurance
$8,600K
Amortization of core deposit
intangible
$7,922K
Marketing and advertising
$3,180K
Branch closing
expenses
$1,275K
Restructuring and exit charges
$994K
Bank owned life
insurance restructuring...
$327K
Net income
available to common...
$74,407K
Preferred dividends
$6,036K
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Income Statement
source: myfinsight.com
ConnectOne Bancorp, Inc. (CNOB)
ConnectOne Bancorp, Inc. (CNOB)