AMERICAN NATIONAL BANKSHARES INC. (AMNB) [Rocket]

In millions, except per share items	Jun-30-23	Mar-31-23	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21
	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q
Interest income:
Interest income on loans	26.1	24.9	23.5	21.2	19.1	18.8	21.7	22.0
Interest income on investments	2.6	2.7	2.8	2.8	2.5	2.3	2.1	2.0
	29.4	28.3	26.9	25.2	22.5	21.4	24.1	24.3
Interest expense:
Interest on deposits	6.6	3.5	1.6	0.7	0.6	0.6	0.7	0.8
	8.3	5.1	2.6	1.1	1.0	1.0	1.0	1.2
Net interest income	21.1	23.2	24.3	24.0	21.5	20.5	23.1	23.1
Net interest income after provision for loan losses	21.1	23.2	24.3	24.0	21.5	20.5	23.1	23.1
Other non-interest income	4.4	4.4	3.6	4.8	4.8	5.6	4.8	5.1
Total non-interest income	4.4	4.4	3.6	4.8	4.8	5.6	4.8	5.1
Non-interest expenses	16.2	15.6	16.8	16.4	15.5	15.3	15.5	14.8
Pre-tax income before non-recurring items	9.0	11.5	9.8	11.7	10.2	11.5	14.1	12.8
Non-recurring items	0.0	-0.1	-0.1	0.0	-0.1	0.0	-0.3	-0.1
Pre-tax income	9.1	11.6	9.9	11.7	10.3	11.5	14.4	12.9
Income taxes	1.9	2.5	1.9	2.4	2.2	2.5	3.1	2.7
Tax rate	21.1%	21.2%	18.9%	20.9%	20.9%	21.5%	21.8%	21.0%
Net income	7.1	9.2	8.0	9.3	8.1	9.0	11.3	10.2
Net margin	27.5%	32.7%	28.4%	31.8%	30.5%	34.1%	39.9%	35.6%

Basic EPS	$0.67	$0.86	$0.75	$0.87	$0.76	$0.84	$1.04	$0.94
Diluted EPS	$0.67	$0.86	$0.75	$0.87	$0.76	$0.84	$1.04	$0.94

Shares outstanding (basic)	10.6	10.6	10.7	10.6	10.7	10.8	10.9	10.8
Shares outstanding (diluted)	10.6	10.6	10.7	10.6	10.7	10.8	10.9	10.8

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