In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | 237.0 | 200.7 | 179.8 | 165.4 | 133.0 | 67.8 | 71.2 | 70.5 |
Interest income on investments | 32.5 | 32.2 | 28.1 | 28.4 | 21.5 | 9.4 | 6.5 | 4.7 |
| 273.0 | 236.3 | 212.2 | 196.3 | 155.9 | 77.5 | 78.0 | 75.6 |
Interest expense: |
Interest on deposits | 57.8 | 33.6 | 25.6 | 21.4 | 13.6 | 8.0 | 8.7 | 11.3 |
Interest on borrowings | | | | | | 2.5 | 2.2 | 6.2 |
| 81.5 | 52.0 | 41.1 | 31.8 | 13.6 | 8.0 | 8.7 | 11.3 |
Net interest income | 191.5 | 184.2 | 171.1 | 164.6 | 169.4 | 85.5 | 86.7 | 86.8 |
Provision for loan losses | 8.9 | 9.4 | 13.4 | 13.0 | 9.5 | 2.0 | 3.6 | 3.0 |
Net interest income after provision for loan losses | 182.6 | 174.8 | 157.7 | 151.6 | 159.9 | 83.5 | 83.1 | 83.8 |
Deposit and loan fees | 26.8 | 25.4 | 21.0 | | | 7.3 | 6.5 | 6.4 |
Gain on sale of investments, net | | | | 0.9 | 1.2 | 0.6 | 0.9 | 6.2 |
Other non-interest income | 48.7 | 46.0 | 42.7 | 31.5 | 15.4 | 9.2 | 7.3 | -4.1 |
Total non-interest income | 75.4 | 71.4 | 63.7 | 32.5 | 16.6 | 17.1 | 14.7 | 8.5 |
Non-interest expenses | 157.8 | 142.8 | 134.7 | 128.2 | 144.4 | 62.5 | 55.7 | 18.6 |
Pre-tax income | 61.5 | 66.7 | 53.8 | 55.9 | 0.5 | 19.6 | 22.4 | -6.1 |
Income taxes | 1.6 | 12.0 | 4.1 | 6.2 | -6.2 | 5.4 | 6.6 | -2.0 |
Tax rate | 2.6% | 18.1% | 7.6% | 11.1% | | 27.4% | 29.6% | 32.3% |
Net income | 59.9 | 54.6 | 49.7 | 49.6 | 6.8 | 14.2 | 15.8 | 7.1 |
Net margin | 23.2% | 22.2% | 22.4% | 27.0% | 3.8% | 14.2% | 16.2% | 7.7% |
|
Basic EPS | $1.18 | $1.09 | $1.00 | $1.01 | $0.16 | $0.55 | $0.57 | $0.25 |
Diluted EPS | $1.17 | $1.07 | $0.99 | $1.01 | $0.16 | $0.54 | $0.56 | $0.25 |
|
Shares outstanding (basic) | 50.6 | 50.3 | 49.7 | 48.9 | 42.8 | 26.1 | 27.8 | 28.6 |
Shares outstanding (diluted) | 51.0 | 50.9 | 50.1 | 49.4 | 43.3 | 26.4 | 28.0 | 28.7 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |