| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
| | 8-K | 8-K | 10-K | 10-K | 10-K | S-1/A |
| Interest income: |
| Interest income on loans | 94.0 | 76.9 | 66.3 | 36.0 | 25.6 | 17.9 |
| Interest income on investments | | | 1.5 | 0.7 | | |
| | 101.6 | 79.6 | 69.1 | 39.2 | 27.8 | 18.9 |
| Interest expense: |
| Interest on deposits | | | 6.8 | 10.1 | | |
| Interest on borrowings | | | 1.0 | 1.1 | 0.7 | 0.2 |
| | 13.3 | 7.3 | 9.0 | 11.2 | 5.8 | 2.9 |
| Net interest income | 88.3 | 72.3 | 60.1 | 28.0 | 21.9 | 16.0 |
| Provision for loan losses | | | 10.0 | 0.9 | 1.2 | 1.0 |
| Net interest income after provision for loan losses | 88.3 | 72.3 | 50.0 | 27.2 | 20.8 | 15.0 |
| Deposit and loan fees | 2.2 | 2.7 | 1.2 | 0.3 | 0.3 | 0.2 |
| Other non-interest income | 1.5 | 1.1 | 3.1 | 2.5 | 1.6 | 1.6 |
| Total non-interest income | 3.6 | 3.9 | 4.3 | 2.8 | 1.9 | 1.8 |
| Non-interest expenses | 59.5 | 47.3 | 43.6 | 27.0 | 19.9 | 13.1 |
| Pre-tax income before non-recurring items | 30.6 | 27.2 | 14.1 | 3.0 | 2.8 | 3.7 |
| Non-recurring items | 1.5 | 0.7 | 3.3 | | | |
| Pre-tax income | 29.1 | 26.5 | 10.7 | 3.0 | 2.8 | 3.7 |
| Income taxes | 6.9 | 5.1 | 2.4 | 0.7 | 0.7 | 1.8 |
| Tax rate | 23.9% | 19.3% | 22.5% | 21.9% | 24.1% | 50.4% |
| Net income | 22.1 | 21.4 | 8.3 | 2.3 | 2.1 | 1.8 |
| Net margin | 23.8% | 27.8% | 15.3% | 7.8% | 9.3% | 10.8% |
| |
| Basic EPS | $1.64 | $1.61 | $0.69 | $0.40 | $0.43 | $0.39 |
| Diluted EPS | $1.56 | $1.54 | $0.67 | $0.40 | $0.41 | $0.37 |
| |
| Shares outstanding (basic) | 13.5 | 13.3 | 12.0 | 5.9 | 4.9 | 4.7 |
| Shares outstanding (diluted) | 14.2 | 13.9 | 12.4 | 5.9 | 5.1 | 4.9 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |