In millions, except per share items | Jun-30-21 | Mar-31-21 | Dec-31-20 | Sep-30-20 | Jun-30-20 | Mar-31-20 | Dec-31-19 | Sep-30-19 |
| 10-Q | 10-Q | 10-K/A | 10-Q | 10-Q | 10-Q | 10-K/A | 10-Q |
Interest income: | | | | | | | | |
Loans, including fees | 12.2 | 13.3 | 13.9 | 15.7 | 15.3 | 13.8 | 15.2 | 15.0 |
Securities available for sale and stock | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
Interest-bearing deposits with financial institutions | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.7 | 0.8 | 1.5 |
Total interest income | 12.5 | 13.7 | 14.2 | 16.0 | 15.6 | 14.8 | 16.3 | 16.8 |
|
Interest expense: | | | | | | | | |
Deposits | 0.7 | 0.8 | 1.1 | 1.5 | 2.0 | 3.0 | 3.3 | 3.6 |
Borrowings | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.5 | 0.4 |
Total interest expense | 0.8 | 1.0 | 1.3 | 1.8 | 2.3 | 3.3 | 3.7 | 4.0 |
Net interest income | 11.7 | 12.7 | 12.9 | 14.3 | 13.3 | 11.5 | 12.5 | 12.7 |
Provision for loan and lease losses | | | | | 2.9 | 6.2 | 3.8 | 2.1 |
Net interest income after provision for loan and lease losses | 11.7 | 12.7 | 12.9 | 14.3 | 10.5 | 5.3 | 8.8 | 10.6 |
|
Noninterest income | | | | | | | | |
Service fees on deposits and other banking services | 0.8 | 0.8 | 1.1 | 0.9 | 0.6 | 0.5 | 0.5 | 0.5 |
Net gain on sale of securities available for sale | 0.4 | 0.1 | | | | | | |
Net gain on sale of loans | 0.9 | | 0.0 | 0.5 | | | 0.2 | 0.3 |
Net loss on sale of other assets | 0.0 | | | | -0.1 | | | |
Other noninterest income | 0.8 | 0.8 | 0.6 | 0.9 | 0.6 | 0.6 | 0.7 | 0.6 |
Total noninterest income | 2.9 | 1.7 | 1.8 | 2.2 | 1.2 | 1.1 | 1.4 | 1.3 |
|
Noninterest expense | | | | | | | | |
Salaries and employee benefits | 5.5 | 5.7 | 5.3 | 5.6 | 5.5 | 6.1 | 6.2 | 6.1 |
Occupancy | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 |
Equipment and depreciation | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 |
Data processing | 0.5 | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 |
FDIC expense | 0.1 | 0.3 | | | 0.2 | 0.2 | | |
Professional fees | 0.7 | 0.9 | 0.7 | 0.7 | 0.7 | 0.9 | 0.9 | 1.1 |
Merger related expenses | 0.6 | 0.4 | | | | | | |
Business development | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 |
Loan related expense | 0.0 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 |
Insurance | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Other operating expense | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 |
Total noninterest expense | 9.2 | 9.7 | 8.9 | 9.3 | 8.9 | 9.7 | 9.8 | 9.7 |
Income (loss) before income taxes | 5.4 | 4.8 | 5.8 | 7.2 | 2.7 | -3.4 | 0.4 | 2.3 |
Income tax expense (benefit) | 1.5 | 1.4 | 2.1 | 2.1 | 0.8 | -1.0 | -0.1 | 0.7 |
Tax rate | 27.5% | 29.6% | 36.6% | 29.6% | 29.6% | 29.6% | | 28.8% |
Net income (loss) allocable to common shareholders | 3.9 | 3.4 | 3.7 | 5.1 | 1.9 | -2.4 | 0.4 | 1.6 |
|
Basic income per common share: | | | | | | | | |
Net income (loss) allocable to common shareholders (in dollars per share) | $0.16 | $0.14 | $0.15 | $0.21 | $0.08 | ($0.10) | $0.02 | $0.07 |
|
Diluted income per common share: | | | | | | | | |
Net income (loss) allocable to common shareholders (in dollars per share) | $0.16 | $0.14 | $0.15 | $0.21 | $0.08 | ($0.10) | $0.02 | $0.07 |
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Weighted average number of common shares outstanding: | | | | | | | | |
Basic (in shares) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Diluted (in shares) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |