In millions, except per share items | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 |
| 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
Interest income: |
Interest income on loans | 41.6 | 38.0 | 34.3 | 32.4 | 32.2 | 31.9 | 32.0 | 31.9 |
Interest income on investments | 5.6 | 9.9 | 8.5 | 6.9 | 5.3 | 5.9 | 5.5 | 5.2 |
| 52.2 | 48.2 | 43.2 | 39.7 | 38.8 | 38.1 | 37.9 | 37.4 |
Interest expense: |
Interest on deposits | 8.0 | 4.6 | 2.5 | 1.7 | 1.8 | 2.0 | 2.1 | 2.3 |
| 8.5 | 5.1 | 2.7 | 1.8 | 2.0 | 2.1 | 2.2 | 2.4 |
Net interest income | 43.7 | 43.1 | 40.5 | 37.8 | 36.8 | 36.0 | 35.6 | 34.9 |
Provision for loan losses | 2.7 | 1.1 | 0.8 | -6.6 | 5.7 | -1.5 | -2.2 | 0.5 |
Net interest income after provision for loan losses | 40.9 | 42.1 | 39.7 | 44.4 | 31.1 | 37.5 | 37.8 | 34.5 |
Deposit and loan fees | 6.8 | 7.0 | 7.1 | 6.7 | 6.7 | 6.4 | 6.0 | 5.6 |
Other non-interest income | 3.7 | 5.2 | 3.2 | 7.1 | 4.1 | 4.7 | 4.9 | 3.7 |
Total non-interest income | 10.6 | 12.1 | 10.3 | 13.7 | 10.8 | 11.1 | 10.9 | 9.3 |
Non-interest expenses | 32.5 | 31.5 | 30.7 | 31.3 | 33.3 | 28.5 | 28.0 | 27.6 |
Pre-tax income | 19.0 | 22.7 | 19.3 | 26.8 | 8.6 | 20.2 | 20.8 | 16.1 |
Income taxes | 2.5 | 4.6 | 3.7 | 5.8 | 1.2 | 4.1 | 4.1 | 3.2 |
Tax rate | 13.0% | 20.4% | 19.2% | 21.8% | 13.7% | 20.2% | 20.0% | 20.1% |
Net income | 16.5 | 18.1 | 15.6 | 20.9 | 7.4 | 16.1 | 16.6 | 12.9 |
Net margin | 32.1% | 33.3% | 31.2% | 36.0% | 17.7% | 33.1% | 34.1% | 29.4% |
|
Basic EPS | $1.35 | $1.50 | $1.27 | $1.67 | $0.56 | $1.24 | $1.24 | $0.95 |
Diluted EPS | $1.35 | $1.50 | $1.27 | $1.67 | $0.56 | $1.24 | $1.24 | $0.95 |
|
Shares outstanding (basic) | 12.2 | 12.0 | 12.2 | 12.5 | 13.2 | 13.0 | 13.4 | 13.5 |
Shares outstanding (diluted) | 12.2 | 12.0 | 12.2 | 12.5 | 13.2 | 13.0 | 13.4 | 13.5 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |