MidWestOne Financial Group, Inc. (MOFG) [Rocket]

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
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	148.3	141.0	158.7	163.2	111.2	102.4	98.2	86.5
Interest income on investments	48.4	35.6	25.9	18.8	16.9	16.4	14.0	13.3
Interest income on repurchase agreements							0.0	0.0
	196.8	176.8	184.8	182.4	128.1	118.9	112.3	100.7
Interest expense:
Interest on deposits	20.2	13.2	23.9	29.9	17.3	11.5	9.4	7.8
Interest on borrowings							1.8	1.5
	30.4	20.5	31.8	38.8	22.8	15.1	12.7	10.6
Net interest income	166.4	156.3	153.0	143.7	105.3	103.8	99.6	90.1
Provision for loan losses				7.2	7.3	17.3	8.0	5.1
Net interest income after provision for loan losses	166.4	156.3	153.0	136.5	98.0	86.4	91.6	84.9
Deposit and loan fees	7.5	6.3	6.2	7.5	6.2	6.5	5.2	4.4
Gain on sale of investments, net								1.0
Other non-interest income	40.0	36.2	32.4	23.8	17.1	16.2	18.2	15.8
Total non-interest income	47.5	42.5	38.6	31.2	23.2	22.8	23.4	21.2
Non-interest expenses	132.8	116.6	149.9	117.5	83.2	80.1	87.8	73.2
Pre-tax income before non-recurring items	76.6	89.5	44.8	50.2	38.0	29.1	27.3	32.9
Non-recurring items								0.0
Asset impairment			31.5
Pre-tax income	76.6	89.5	13.3	50.2	38.0	29.1	27.3	32.9
Income taxes	15.8	20.0	6.7	6.6	7.6	10.4	6.9	7.8
Tax rate	20.6%	22.3%	50.3%	13.1%	20.1%	35.7%	25.2%	23.7%
Net income	60.8	69.5	6.6	43.6	30.4	18.7	20.4	25.1
Net margin	28.4%	35.0%	3.5%	26.0%	25.0%	17.1%	17.7%	23.7%

Basic EPS	$3.89	$4.38	$0.41	$2.93	$2.48	$1.55	$1.78	$2.42
Diluted EPS	$3.87	$4.37	$0.41	$2.93	$2.48	$1.55	$1.78	$2.42

Shares outstanding (basic)	15.6	15.9	16.1	14.9	12.2	12.0	11.4	10.4
Shares outstanding (diluted)	15.7	15.9	16.1	14.9	12.2	12.1	11.5	10.4

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