In millions, except per share items | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 | Mar-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | 44.1 | 45.5 | 46.4 | 44.9 | 40.0 | 31.6 | 27.8 | 25.9 |
Interest income on investments | 5.2 | 2.6 | 3.6 | 4.6 | 4.7 | 3.6 | 2.7 | 2.3 |
| 49.8 | 48.3 | 50.5 | 49.9 | 45.3 | 35.6 | 30.9 | 28.6 |
Interest on deposits | 1.4 | 2.5 | 2.9 | 1.0 | 1.2 | 1.2 | 1.2 | 1.3 |
Total interest expense | 2.2 | 3.4 | 4.8 | 2.8 | 2.3 | 1.9 | 1.7 | 1.3 |
Net interest income | 47.6 | 44.9 | 45.7 | 47.1 | 43.0 | 33.8 | 29.2 | 30.0 |
Provision for loan losses | -4.6 | 6.3 | 1.3 | 0.1 | | | -1.2 | -1.8 |
Net interest income after provision for loan losses | 52.3 | 38.6 | 44.5 | 47.0 | 43.0 | 33.8 | 30.4 | 31.8 |
Deposit and loan fees | | | | | | | 4.8 | 4.3 |
Gain on sale of investments, net | | | | | | | | 0.2 |
Other non-interest income | 12.7 | 11.1 | 12.4 | 11.1 | 10.7 | 10.0 | 4.5 | 4.4 |
Total non-interest income | 12.7 | 11.1 | 12.4 | 11.1 | 10.7 | 10.0 | 9.4 | 8.9 |
Non-interest expenses | 36.7 | 36.3 | 36.3 | 35.7 | 35.6 | 33.0 | 29.9 | 30.7 |
Pre-tax income before non-recurring items | 27.3 | 13.5 | 20.5 | 22.4 | 18.0 | 11.3 | 9.9 | 6.6 |
Non-recurring items | | | | | | 0.5 | 0.1 | |
Asset impairment | -1.0 | 0.0 | -0.1 | | | | | |
Pre-tax income | 28.3 | 13.5 | 20.6 | 22.4 | 18.0 | 10.8 | 9.8 | 6.6 |
Income taxes | 6.5 | 3.0 | 4.8 | 5.1 | 7.8 | 3.4 | 3.4 | 2.2 |
Tax rate | 22.8% | 22.2% | 23.5% | 23.0% | 43.1% | 31.4% | 35.0% | 32.4% |
Minority interest | | | | | | | 0.0 | 0.1 |
Net income | 21.8 | 10.5 | 15.7 | 17.3 | 10.2 | 7.4 | 6.4 | 4.5 |
Net margin | 33.6% | 21.1% | 27.7% | 29.7% | 19.1% | 16.9% | 16.0% | 11.1% |
|
Basic EPS | $0.98 | $0.47 | $0.69 | $0.76 | $0.45 | $0.33 | $0.28 | $0.20 |
Diluted EPS | $0.98 | $0.47 | $0.69 | $0.76 | $0.45 | $0.33 | $0.28 | $0.20 |
|
Shares outstanding (basic) | 22.2 | 22.3 | 22.7 | 22.6 | 22.5 | 22.5 | 22.5 | 22.4 |
Shares outstanding (diluted) | 22.2 | 22.3 | 22.7 | 22.7 | 22.6 | 22.5 | 22.5 | 22.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |