In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K | 10-K/A | 10-K/A |
Interest income: |
Interest income on loans | 64.9 | 59.2 | 60.1 | 66.0 | 52.5 | 68.3 | 0.0 | 103.4 |
Interest income on investments | 12.9 | 14.1 | 14.2 | | 9.8 | 13.5 | | |
| 78.6 | 73.9 | 75.0 | 78.0 | 63.1 | 82.3 | 0.0 | 114.0 |
Interest expense: |
Interest on deposits | 7.1 | 6.9 | 8.1 | 14.1 | 19.7 | 24.9 | 0.0 | 42.2 |
Interest on borrowings | 2.0 | 2.0 | 1.4 | 1.4 | 2.5 | 3.5 | 0.0 | 7.2 |
| 9.0 | 8.9 | 9.4 | 16.7 | 22.2 | 28.4 | 0.0 | 54.0 |
Net interest income | 87.6 | 82.8 | 84.4 | 94.7 | 85.4 | 110.7 | 0.0 | 321.7 |
Provision for loan losses | -3.0 | -5.4 | 0.5 | | 67.4 | 132.8 | | 27.8 |
Net interest income after provision for loan losses | 90.6 | 88.2 | 83.9 | 94.7 | 18.0 | -22.0 | 0.0 | 293.9 |
Deposit and loan fees | 6.3 | 6.4 | 6.7 | 7.1 | 6.2 | 7.4 | | 9.2 |
Credit and debit card fees | 5.0 | 4.8 | 4.5 | | 3.2 | 3.0 | | |
Gain on sale of investments, net | | 1.0 | 2.8 | 4.1 | 7.3 | 10.6 | | 0.6 |
Other non-interest income | 6.9 | 5.2 | 6.4 | 10.8 | 5.3 | 6.6 | | 13.1 |
Total non-interest income | 18.2 | 17.4 | 20.4 | 22.0 | 22.0 | 27.6 | | 22.9 |
Non-interest expenses | 75.5 | 78.5 | 84.5 | 110.2 | 125.0 | 75.7 | | 118.1 |
Pre-tax income before non-recurring items | 16.0 | 8.0 | 3.3 | -41.0 | -129.6 | -129.2 | 0.0 | -5.1 |
Non-recurring items | 2.0 | | 3.5 | | 1.2 | | | |
Asset impairment | | | | | | | | 57.8 |
Pre-tax income | 14.0 | 8.0 | -0.2 | -41.0 | -130.9 | -129.2 | 0.0 | -62.9 |
Income taxes | 7.1 | -142.5 | 1.3 | -1.0 | 0.6 | 1.3 | 0.0 | -3.1 |
Tax rate | 50.7% | | | 2.5% | | | | 5.0% |
Earnings from continuing ops | 6.9 | 150.5 | -1.5 | -40.0 | -92.7 | -135.1 | | -59.8 |
Earnings from discontinued ops | | | | 0.0 | | | | |
Net income | 6.9 | 150.5 | -1.5 | -40.0 | -92.7 | -135.1 | 0.0 | -59.8 |
Net margin | 6.4% | 142.6% | -1.4% | -34.3% | -232.0% | -2421.5% | 0.0% | -18.9% |
|
Basic EPS | $0.29 | $6.89 | ($0.07) | ($1.87) | ($22.09) | ($1,182.78) | | ($5.24) |
Diluted EPS | $0.29 | $6.88 | ($0.07) | ($1.87) | ($22.09) | ($1,182.78) | | ($5.24) |
|
Shares outstanding (basic) | 24.2 | 21.9 | 21.7 | 21.4 | 4.2 | 0.1 | | 11.4 |
Shares outstanding (diluted) | 24.3 | 21.9 | 21.7 | 21.4 | 4.2 | 0.1 | | 11.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |