In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Jun-30-17 | Jun-30-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | S-1 | S-1 |
Interest income: |
Interest income on loans | 14.1 | 14.1 | 14.5 | 14.0 | 13.0 | 11.7 | | |
Interest income on investments | 2.4 | 1.3 | 1.2 | 1.3 | 1.1 | 0.8 | | |
| 2.4 | 1.3 | 1.2 | 1.3 | 1.1 | 0.8 | | |
Interest expense: |
Interest on deposits | 0.7 | 0.6 | 1.5 | 2.3 | 1.7 | 1.2 | | |
Interest on borrowings | 1.0 | 0.6 | 1.7 | 1.6 | 1.5 | 0.7 | | |
| 1.7 | 1.2 | 3.2 | 3.8 | 3.1 | 1.8 | | |
Net interest income | 14.9 | 14.3 | 12.7 | 11.6 | 11.1 | 10.8 | | |
Provision for loan losses | | 0.2 | 0.5 | 0.1 | | 0.2 | | |
Net interest income after provision for loan losses | 14.9 | 14.1 | 12.2 | 11.5 | 11.1 | 10.6 | | |
Gain on sale of investments, net | -0.7 | 0.5 | 0.4 | | | | | |
Other non-interest income | 1.6 | 1.7 | 1.6 | 1.5 | 1.6 | 1.8 | | |
Total non-interest income | 0.9 | 2.2 | 2.0 | 1.5 | 1.6 | 1.8 | | |
Non-interest expenses | 16.8 | 13.1 | 13.2 | 13.3 | 11.4 | 10.8 | | |
Pre-tax income | -1.0 | 3.2 | 1.1 | -0.3 | 1.3 | 1.6 | | |
Income taxes | -0.5 | 0.6 | 0.0 | -0.2 | 0.2 | 0.7 | | |
Tax rate | 44.4% | 18.7% | | 70.5% | 17.7% | 43.5% | | |
Net income | -0.6 | 2.6 | 1.1 | -0.1 | 1.1 | 0.9 | | |
Net margin | -3.6% | 16.1% | 7.6% | -0.6% | 8.5% | 7.3% | | |
|
Basic EPS | ($0.10) | $0.45 | $0.18 | ($0.03) | | | | |
Diluted EPS | ($0.10) | $0.45 | $0.18 | ($0.03) | | | | |
|
Shares outstanding (basic) | 5.8 | 5.8 | 5.9 | 2.7 | | | | |
Shares outstanding (diluted) | 5.8 | 5.8 | 5.9 | 2.7 | | | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |