In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | 24.2 | 24.3 | 24.2 | 24.1 | 27.7 | 28.7 | 30.5 | 30.0 |
Interest income on investments | | 1.8 | 2.1 | 1.7 | 1.6 | 2.0 | 2.3 | |
| 26.5 | 26.4 | 26.4 | 26.1 | 29.4 | 30.8 | 32.9 | 32.7 |
Interest on deposits | | 1.1 | 1.6 | | | | 5.2 | 7.4 |
Total interest expense | 2.8 | 2.7 | 3.2 | 3.8 | 5.2 | 6.7 | 9.6 | 13.0 |
Net interest income | 23.7 | 23.6 | 23.3 | 22.3 | 24.2 | 24.1 | 23.3 | 19.7 |
Provision for loan losses | | 1.1 | 1.4 | 3.5 | 2.4 | 6.9 | 15.1 | 10.5 |
Net interest income after provision for loan losses | 23.7 | 22.6 | 21.8 | 18.9 | 21.8 | 17.2 | 8.2 | 9.2 |
Deposit and loan fees | 1.2 | 1.2 | 1.3 | 1.2 | 1.1 | 1.0 | 0.9 | 1.0 |
Gain on sale of investments, net | | 0.0 | 0.3 | 0.3 | 0.0 | 0.2 | 0.5 | |
Other non-interest income | 9.9 | 12.4 | 7.9 | 12.9 | 18.5 | 10.0 | 25.6 | |
Total non-interest income | 11.1 | 13.6 | 9.4 | 14.3 | 19.7 | 11.2 | 27.0 | 10.6 |
Non-interest expenses | 27.7 | 27.9 | 27.0 | 27.6 | 30.2 | 25.5 | 26.1 | 20.6 |
Pre-tax income before non-recurring items | 6.6 | 8.3 | 4.2 | 5.6 | 11.2 | 3.0 | -4.5 | -0.8 |
Non-recurring items | -0.5 | | | | | | | |
Pre-tax income | 7.1 | 8.3 | 4.2 | 5.6 | 11.2 | 3.0 | -4.5 | -0.8 |
Income taxes | 2.0 | 2.5 | 0.9 | 1.6 | 3.7 | 0.6 | -2.1 | -0.5 |
Tax rate | 28.4% | 30.3% | 20.9% | 28.1% | 33.2% | 18.9% | 46.5% | 57.5% |
Net income | 0.0 | 5.4 | 2.4 | 2.9 | 6.3 | 1.2 | -3.5 | -1.4 |
Net margin | 0.0% | 15.0% | 7.7% | 8.8% | 15.1% | 4.3% | -10.0% | -7.3% |
|
Basic EPS | $1.01 | $1.24 | $0.70 | $0.86 | $1.85 | $0.36 | ($1.04) | ($0.43) |
Diluted EPS | $1.01 | $1.17 | $0.70 | $0.85 | $1.85 | $0.36 | ($1.04) | ($0.43) |
|
Shares outstanding (basic) | 0.0 | 4.4 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 |
Shares outstanding (diluted) | 0.0 | 4.6 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |