In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | | 181.8 | 200.0 | 218.8 | 193.1 | 137.2 | 129.3 | 131.3 |
Interest income on investments | | 17.3 | 16.5 | 21.3 | 25.7 | 24.8 | 29.7 | 38.1 |
| 284.7 | 201.0 | 218.0 | 242.6 | 221.4 | 164.4 | 160.4 | 171.4 |
Interest on deposits | | 13.6 | 23.6 | 29.8 | 21.0 | 16.2 | 14.0 | 13.6 |
Total interest expense | 17.9 | 13.8 | 25.1 | 36.8 | 24.0 | 18.1 | 14.8 | 14.5 |
Net interest income | 266.8 | 187.1 | 192.9 | 205.8 | 197.4 | 146.3 | 145.6 | 156.9 |
Provision for loan losses | | -9.3 | 17.6 | 11.6 | 5.2 | 13.0 | 23.7 | 12.4 |
Net interest income after provision for loan losses | 266.8 | 196.4 | 175.3 | 194.2 | 192.2 | 133.3 | 122.0 | 144.5 |
Deposit and loan fees | 16.4 | | | | | | | |
Credit and debit card fees | | | | | | | | 10.9 |
Other non-interest income | 51.0 | 110.4 | 140.3 | 82.8 | 70.8 | 39.2 | 40.0 | 10.6 |
Total non-interest income | 67.3 | 110.4 | 140.3 | 82.8 | 70.8 | 39.2 | 40.0 | 21.4 |
Non-interest expenses | 211.2 | 191.8 | 206.2 | 180.7 | 189.3 | 136.7 | 136.0 | 158.0 |
Pre-tax income before non-recurring items | 86.8 | 116.6 | 111.7 | 97.1 | 73.7 | 35.9 | 26.0 | 14.7 |
Non-recurring items | 0.6 | 1.6 | 2.3 | 0.9 | | | | 6.8 |
Pre-tax income | 86.2 | 115.0 | 109.4 | 96.2 | 73.7 | 35.9 | 26.0 | 7.9 |
Income taxes | 14.9 | 21.4 | 20.8 | 15.8 | 12.2 | 21.3 | 2.9 | 3.0 |
Tax rate | 17.3% | 18.6% | 19.0% | 16.5% | 16.6% | 59.3% | 11.3% | 38.4% |
Net income | 71.3 | 93.6 | 88.6 | 80.4 | 61.5 | 14.6 | 23.1 | 4.9 |
Net margin | 21.3% | 30.5% | 28.1% | 29.0% | 23.4% | 8.4% | 14.2% | 2.9% |
|
Basic EPS | $2.20 | $3.05 | $2.87 | $2.58 | $2.00 | $0.54 | $0.81 | $0.14 |
Diluted EPS | $2.18 | $3.01 | $2.85 | $2.55 | $1.96 | $0.53 | $0.79 | $0.14 |
|
Shares outstanding (basic) | 32.4 | 30.7 | 30.9 | 31.2 | 30.7 | 26.9 | 28.3 | 34.3 |
Shares outstanding (diluted) | 32.7 | 31.1 | 31.1 | 31.5 | 31.4 | 27.7 | 29.1 | 34.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |