First Foundation Inc. (FFWM) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income on loans	370.1	224.8	216.8	221.0	186.2	121.7	85.1	57.5
Total interest income	403.9	247.2	243.9	248.8	207.3	136.8	100.6	64.5
Interest expense:
Interest on deposits	61.8	13.5	39.4	64.2	38.8	17.4	8.9	4.9
	85.2	13.9	47.2	78.8	51.7	23.2	11.2	6.3
Net interest income	318.7	233.3	196.6	170.0	155.6	113.6	89.4	58.2
Provision for loan losses						2.8	4.7	2.7
Net interest income after provision for loan losses	318.7	233.3	196.6	170.0	155.6	110.9	84.8	55.5
Gain on sale of investments, net							-1.0
Other non-interest income	48.2	70.5	54.6	41.8	35.8	38.7	35.6	28.8
Total non-interest income	48.2	70.5	54.6	41.8	35.8	38.7	34.6	28.8
Non-interest expenses	216.6	148.1	125.8	129.6	127.1	99.0	81.0	61.5
Pre-tax income	149.8	151.8	118.8	79.5	60.1	50.6	38.3	22.8
Income taxes	39.3	42.3	34.4	23.3	17.1	23.0	15.0	9.5
Tax rate	26.2%	27.9%	29.0%	29.3%	28.5%	45.5%	39.2%	41.4%
Net income	110.5	109.5	84.4	56.2	43.0	27.6	23.3	13.4
Net margin	284.9%	304.0%	286.3%	196.2%	149.4%	18.4%	19.5%	15.9%

Basic EPS	$1.96	$2.42	$1.89	$1.26	$1.02	$0.80	$0.72	$0.60
Diluted EPS	$1.96	$2.41	$1.88	$1.25	$1.01	$0.78	$0.70	$0.58

Shares outstanding (basic)	56.4	45.3	44.6	44.6	42.1	34.5	32.4	22.3
Shares outstanding (diluted)	56.5	45.5	44.9	44.9	42.6	35.3	33.5	23.2

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.