In millions, except per share items | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-07 | Dec-31-06 | Dec-31-05 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | 114.5 | 132.7 | 139.7 | 146.8 | 140.2 | | | |
Interest income on investments | 34.0 | 36.9 | 39.5 | 50.2 | 52.7 | | | |
Interest income on trading account | | | 0.0 | 0.1 | 0.0 | | | |
| 149.4 | 170.4 | 180.1 | 197.5 | 193.0 | | | |
Interest expense: |
Interest on deposits | 17.8 | 22.9 | 29.4 | 34.8 | 46.8 | | | |
| 17.8 | 22.9 | 29.4 | 34.8 | 46.8 | | | |
Net interest income | 167.2 | 193.3 | 209.6 | 232.3 | 239.8 | | | |
Net interest income after provision for loan losses | 167.2 | 193.3 | 209.6 | 232.3 | 239.8 | 0.0 | 0.0 | 0.0 |
Gain on sale of investments, net | | | | -0.1 | -1.6 | | | |
Other non-interest income | 25.1 | 27.6 | 25.2 | 27.3 | 28.4 | | | |
Total non-interest income | 25.1 | 27.6 | 25.2 | 27.2 | 26.8 | | | |
Non-interest expenses | 120.7 | 123.1 | 120.7 | 128.4 | 119.9 | | | |
Pre-tax income before non-recurring items | 15.0 | 18.2 | 14.2 | -23.8 | 19.6 | -6.0 | 13.9 | 17.9 |
Non-recurring items | -0.2 | 2.2 | 5.1 | | | | | |
Asset impairment | | | | | 1.0 | | | |
Pre-tax income | 15.2 | 15.9 | 9.1 | -23.8 | 18.6 | -6.0 | 13.9 | 17.9 |
Income taxes | 2.6 | 1.8 | -1.9 | -14.8 | 1.5 | -4.5 | 2.3 | 4.7 |
Tax rate | 17.1% | 11.0% | | 62.3% | 8.3% | 74.3% | 16.6% | 26.4% |
Net income | 12.6 | 14.2 | 11.0 | -9.0 | 17.1 | -1.5 | 11.6 | 13.2 |
Net margin | 5.8% | 5.8% | 4.3% | -3.2% | 5.9% | -2.7% | 26.1% | 40.2% |
|
Basic EPS | $0.17 | $0.18 | $0.14 | ($0.12) | $0.22 | $0.00 | $0.00 | $0.00 |
Diluted EPS | $0.17 | $0.18 | $0.14 | ($0.12) | $0.22 | $0.00 | $0.00 | $0.00 |
|
Shares outstanding (basic) | 75.8 | 76.7 | 77.1 | 77.6 | 77.7 | 61.4 | 45.8 | 45.8 |
Shares outstanding (diluted) | 76.1 | 76.8 | 77.2 | 77.6 | 77.7 | 61.4 | 45.8 | 45.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |