Naugatuck Valley Financial Corp (NVSL) [Rocket]

In millions, except per share items	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09	Dec-31-08	Dec-31-07
	10-K	10-K	10-K	10-K/A	10-K	10-K/A	S-1/A	S-1/A
Interest income on loans	16.9	19.3	23.1	25.5	26.8	26.0
Total interest income	19.8	20.6	24.6	27.2	28.5	28.3	28.2
Interest expense:
Interest on deposits	2.4	2.8	3.8	6.0	7.3	8.5	9.3
Interest on borrowings	0.7	0.9	1.6		3.0		4.6
	2.4	2.8	3.8	6.0	7.3	8.5	13.9
Net interest income	22.2	23.4	28.4	33.2	35.8	36.8	14.3
Provision for loan losses					3.4		0.7
Net interest income after provision for loan losses	22.2	23.4	28.4	33.2	32.5		13.6
Deposit and loan fees	0.7	0.8	0.8	0.9	1.0	1.1
Gain on sale of investments, net		-1.8		-0.1		0.4
Other non-interest income	3.6	4.1	10.6	4.0	2.3	1.3	-1.0
Total non-interest income	4.3	3.1	11.4	4.8	3.3	2.7	-1.0
Non-interest expenses	21.7	22.4	21.2	16.9	15.9	14.5	13.5
Pre-tax income	1.0	-8.5	-15.1	2.5	2.3	2.8	-0.9
Income taxes	0.0	0.4	0.1	0.9	0.8	0.8	-0.6
Tax rate				34.1%	36.4%	29.1%	64.5%
Net income	1.0	-8.8	-15.2	1.6	1.5	2.0	-0.3
Net margin	3.7%	-33.1%	-38.1%	4.3%	3.7%	5.0%	-2.5%

Basic EPS	$0.15	($1.33)	($2.31)	$0.24	$0.21	$0.29	($0.05)
Diluted EPS	$0.15	($1.33)	($2.31)	$0.24	$0.21	$0.29	($0.05)

Shares outstanding (basic)	6.7	6.6	6.6	6.7	6.8	6.9	6.2
Shares outstanding (diluted)	6.7	6.6	6.6	6.7	6.8	6.9	6.2

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.