TOWER BANCORP INC (TOBC) [Rocket]

In millions, except per share items	Dec-31-10	Dec-31-09	Dec-31-08	Dec-31-07	Dec-31-06	Dec-31-05	Dec-31-04	Dec-31-03
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K/A
Interest income:
Interest income on loans	72.7	54.3	31.0	21.5	22.4			12.1
Interest income on investments					1.8			1.1
	76.8	56.4	32.2	24.3	25.8			14.4
Interest expense:
Interest on deposits	18.1	18.0	15.1	12.4
Interest on borrowings	4.1	2.5	1.4	1.2	2.5			1.6
	22.2	20.4	16.5	13.6	2.5			1.6
Net interest income	54.7	36.0	15.7	10.7	15.9			10.1
Provision for loan losses	9.1	5.2	2.6	2.0	0.4			0.4
Net interest income after provision for loan losses	45.6	30.7	13.1	8.7	15.6	0.0	0.0	9.7
Deposit and loan fees	3.2	2.2	0.8	0.5	1.5			0.9
Gain on sale of investments, net						2.4	2.6
Other non-interest income	8.5	6.5	2.3
Total non-interest income	11.7	8.6	3.1	1.6	1.5	2.4	2.6	0.9
Non-interest expenses	54.8	33.8	13.8	10.7
Pre-tax income before non-recurring items	8.5	7.3	2.2	-0.4	8.9	5.7	5.6	6.8
Non-recurring items	5.9	1.7	-0.2
Pre-tax income	2.5	5.6	2.4	-0.4	8.9	5.7	5.6	6.8
Income taxes	1.2	1.8	0.3	0.0	2.7	0.7	0.9	1.8
Tax rate	48.1%	32.8%	13.8%	1.7%	30.7%	12.0%	15.9%	26.9%
Net income	0.0	0.0	0.0	-0.3	6.1	5.0	4.7	5.0
Net margin	0.0%	0.0%	0.0%	-3.4%	35.9%	207.4%	178.4%	46.8%

Basic EPS	$0.00	$0.00	$0.00	($0.19)	$2.92			$2.86
Diluted EPS	$0.00	$0.00	$0.00	($0.19)	$2.87			$2.81

Shares outstanding (basic)	7,359.5	5,156.1	2,734.0	1.9	2.1			1.7
Shares outstanding (diluted)	7,361.8	5,161.3	2,734.0	1.9	2.1			1.8

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