In millions, except per share items | Sep-30-17 | Jun-30-17 | Mar-31-17 | Dec-31-16 | Sep-30-16 | Jun-30-16 | Mar-31-16 | Dec-31-15 |
| 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
Interest income: |
Interest income on loans | 109.4 | 106.7 | 96.3 | 85.5 | 75.9 | 67.5 | 68.2 | 67.8 |
Interest income on investments | 8.4 | 8.1 | 7.3 | 6.6 | 6.0 | 5.7 | 5.9 | 6.3 |
| 118.6 | 115.6 | 104.1 | 92.4 | 82.1 | 73.3 | 74.2 | 74.2 |
Interest expense: |
Interest on deposits | 16.1 | 15.6 | 14.1 | 12.9 | 11.6 | 10.7 | 10.7 | 10.5 |
Interest on borrowings | 0.8 | 0.6 | 0.5 | 0.4 | 0.2 | 0.2 | 0.4 | |
| 19.7 | 18.9 | 17.1 | 15.5 | 13.9 | 12.7 | 12.9 | 12.9 |
Net interest income | 98.9 | 96.7 | 87.0 | 76.9 | 68.2 | 60.6 | 61.3 | 61.3 |
Provision for loan losses | | | 11.4 | 11.3 | 10.7 | 0.0 | 0.0 | 0.6 |
Net interest income after provision for loan losses | 98.3 | 85.4 | 75.6 | 65.5 | 57.5 | 60.5 | 61.4 | 60.7 |
Deposit and loan fees | 4.8 | 4.7 | 4.7 | 4.7 | 4.7 | 4.8 | 5.0 | 5.0 |
Credit and debit card fees | 3.2 | 3.1 | 3.0 | 2.8 | 2.7 | 2.7 | 2.7 | 2.7 |
Gain on sale of investments, net | 1.0 | | | 0.0 | | 0.0 | | |
Other non-interest income | 5.3 | 5.1 | 4.1 | 3.6 | 4.8 | 4.5 | 10.1 | 14.8 |
Total non-interest income | 14.3 | 13.0 | 11.7 | 11.1 | 12.2 | 12.0 | 17.8 | 22.6 |
Non-interest expenses | 76.2 | 90.0 | 84.9 | 80.9 | 86.2 | 72.1 | 78.7 | 82.6 |
Pre-tax income before non-recurring items | 40.4 | 24.4 | 17.9 | 12.5 | -1.0 | 3.1 | 2.1 | 0.7 |
Non-recurring items | 4.1 | 16.0 | 15.4 | 16.7 | 15.6 | 2.6 | 1.6 | |
Pre-tax income | 36.3 | 8.4 | 2.5 | -4.2 | -16.5 | 0.4 | 0.6 | 0.7 |
Income taxes | 12.1 | -56.2 | -57.8 | -59.7 | -155.3 | -90.4 | -91.7 | -92.4 |
Tax rate | 33.2% | -671.5% | -2346.0% | 1417.4% | 939.7% | -20449.1% | -16635.6% | -13327.0% |
Net income | 24.3 | 64.6 | 60.2 | 55.5 | 138.7 | 90.8 | 91.7 | 92.0 |
Net margin | 21.6% | 65.7% | 69.0% | 72.4% | 199.1% | 125.1% | 115.8% | 110.4% |
|
Basic EPS | $1.09 | $2.97 | $2.97 | $2.96 | $7.65 | $1.63 | $0.97 | $0.69 |
Diluted EPS | $1.08 | $2.94 | $2.95 | $2.94 | $7.61 | $1.62 | $0.97 | $0.69 |
|
Shares outstanding (basic) | 22.3 | 21.8 | 20.3 | 18.8 | 18.1 | 55.8 | 94.3 | 132.8 |
Shares outstanding (diluted) | 22.5 | 21.9 | 20.4 | 18.9 | 18.2 | 56.1 | 95.0 | 133.7 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |