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 | 10-K | 10-K | 10-K | 10-K | S-1/A |
Interest income on loans | 75.8 | 67.9 | 69.2 | 64.6 | 58.7 | 50.6 |
Interest income on repurchase agreements | | 0.1 | 0.2 | 0.8 | 0.4 | |
Total interest income | 94.4 | 77.3 | 77.4 | 73.7 | 66.9 | 58.4 |
Interest expense: |
Interest on deposits | 7.7 | 5.6 | 8.4 | 9.7 | 7.1 | |
| 7.7 | 5.6 | 8.4 | 10.1 | 7.6 | |
Net interest income | 86.6 | 71.7 | 69.0 | 63.6 | 59.2 | 51.8 |
Provision for loan losses | | 1.9 | 6.3 | 1.8 | 2.0 | |
Net interest income after provision for loan losses | 86.6 | 69.8 | 62.7 | 61.8 | 57.2 | 51.8 |
Deposit and loan fees | 5.6 | 4.8 | 4.1 | 4.6 | 4.6 | 4.3 |
Other non-interest income | 0.9 | 19.7 | 19.1 | 11.4 | 9.9 | |
Total non-interest income | 6.4 | 24.5 | 23.2 | 16.0 | 14.5 | 4.3 |
Non-interest expenses | | 54.3 | 51.4 | 47.3 | 43.4 | |
Pre-tax income | 45.0 | 40.1 | 34.5 | 30.5 | 28.4 | 22.5 |
Income taxes | 8.1 | 7.1 | 6.3 | 5.6 | 5.3 | 8.5 |
Tax rate | 17.9% | 17.7% | 18.3% | 18.5% | 18.7% | 37.9% |
Net income | 36.9 | 33.0 | 28.1 | 24.8 | 23.1 | 0.0 |
Net margin | 39.2% | 34.9% | 32.8% | 31.9% | 32.1% | 0.0% |
|
Basic EPS | | $4.53 | $3.84 | $3.51 | $3.43 | |
Diluted EPS | | $4.51 | $3.83 | $3.49 | $3.41 | |
|
Shares outstanding (basic) | | 7.3 | 7.3 | 7.1 | 6.7 | |
Shares outstanding (diluted) | | 7.3 | 7.3 | 7.1 | 6.8 | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |