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In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | | 113.7 | 129.2 | 155.6 | | | | |
| | 120.9 | 138.5 | 170.5 | 176.6 | 117.4 | 87.2 | |
Interest expense: |
Interest on deposits | | 28.4 | 45.8 | 58.1 | | | | |
| | 37.3 | 57.9 | 75.5 | 82.0 | 45.4 | 28.4 | -0.5 |
Net interest income | | 83.6 | 80.5 | 95.0 | 94.7 | 72.0 | 58.8 | -0.5 |
Provision for loan losses | | 71.1 | 50.2 | 52.8 | 14.5 | 5.5 | 6.4 | |
Net interest income after provision for loan losses | | 12.5 | 30.3 | 42.2 | 80.2 | 66.5 | 52.4 | |
Deposit and loan fees | | 24.2 | 23.7 | 23.2 | 19.2 | 13.2 | | |
Other non-interest income | | 8.4 | 7.8 | 10.4 | | | | |
Total non-interest income | | 32.5 | 31.6 | 33.6 | 27.6 | 20.7 | 14.8 | |
Non-interest expenses | | 110.8 | 229.6 | 85.8 | 98.3 | 77.2 | 51.7 | |
Asset impairment | | -0.6 | -1.7 | | | | | |
Pre-tax income | | -65.8 | -167.7 | -10.0 | 38.5 | 34.5 | 22.8 | 4.1 |
Income taxes | | 14.9 | -17.0 | -4.6 | 14.1 | 13.2 | 8.7 | -0.5 |
Tax rate | | | 10.2% | 46.4% | 36.7% | 38.3% | 38.0% | |
Net income | | -0.1 | -0.2 | 0.0 | 24.4 | 21.3 | 14.2 | 12.0 |
Net margin | | -0.2% | -0.3% | 0.0% | 22.6% | 24.4% | 21.1% | -3401.7% |
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Basic EPS | | ($6.54) | ($11.91) | ($0.42) | $2.07 | $2.17 | $1.73 | |
Diluted EPS | | ($6.54) | ($11.91) | ($0.42) | $2.07 | $2.14 | $1.71 | |
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Shares outstanding (basic) | | 0.0 | 0.0 | 0.0 | 11.8 | 9.8 | 8.2 | |
Shares outstanding (diluted) | | 0.0 | 0.0 | 0.0 | 11.8 | 9.9 | 8.3 | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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