In millions, except per share items | Mar-31-12 | Dec-31-11 | Sep-30-11 | Jun-30-11 | Mar-31-11 | Dec-31-10 | Sep-30-10 | Jun-30-10 |
| 10-Q | 10-K | 10-Q | 10-Q/A | 10-Q | 10-K | 10-Q | 10-Q/A |
Interest income: |
Interest income on loans | 11.4 | 11.6 | 12.0 | 12.3 | 12.6 | 9.6 | 9.8 | 10.0 |
Interest income on investments | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 0.7 | | |
Interest income on repurchase agreements | | | | | 0.0 | | | |
| 12.3 | 12.6 | 12.9 | 13.2 | 13.6 | 10.4 | 10.6 | 10.8 |
Interest expense: |
Interest on deposits | 2.4 | 2.8 | 3.2 | 3.5 | 3.8 | 2.9 | 3.1 | 3.3 |
Interest on borrowings | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 |
| 2.4 | 2.8 | 3.2 | 3.6 | 3.8 | 3.0 | 3.1 | 3.4 |
Net interest income | 14.7 | 15.4 | 16.1 | 16.8 | 17.4 | 13.4 | 21.5 | 19.6 |
Provision for loan losses | 3.2 | 3.3 | 3.3 | 1.4 | 1.7 | 1.6 | 1.0 | 4.3 |
Net interest income after provision for loan losses | 11.5 | 12.1 | 12.8 | 15.3 | 15.7 | 11.8 | 20.5 | 15.3 |
Deposit and loan fees | 1.8 | 1.8 | 1.9 | 1.8 | 1.8 | 1.9 | 2.0 | 2.1 |
Total non-interest income | 5.5 | 5.4 | 5.2 | 5.1 | 4.1 | 3.6 | 3.4 | 3.7 |
Non-interest expenses | 13.1 | 12.9 | 12.7 | 10.5 | 9.9 | 7.4 | 7.2 | 7.8 |
Pre-tax income before non-recurring items | -2.1 | -2.3 | -2.4 | 1.6 | 2.1 | 2.4 | 3.1 | -0.5 |
Non-recurring items | | 0.0 | -0.1 | | | -0.1 | 0.0 | |
Pre-tax income | -2.1 | -2.3 | -2.3 | 1.7 | 2.2 | 2.5 | 3.1 | -0.5 |
Income taxes | -1.2 | -1.3 | -1.3 | 0.3 | 0.5 | 0.7 | 1.3 | -0.2 |
Tax rate | 55.1% | 55.3% | 58.1% | 19.1% | 24.5% | 27.5% | 41.3% | 35.8% |
Net income | -0.9 | -1.0 | -1.0 | 1.4 | 1.6 | 1.8 | 1.8 | -0.3 |
Net margin | -5.6% | -5.8% | -5.4% | 6.7% | 8.2% | 11.7% | 7.5% | -1.7% |
|
Basic EPS | ($0.27) | ($0.30) | ($0.29) | $0.41 | $0.49 | $0.53 | $0.53 | ($0.10) |
Diluted EPS | ($0.27) | ($0.30) | ($0.29) | $0.41 | $0.49 | $0.53 | $0.53 | ($0.10) |
|
Shares outstanding (basic) | 3.4 | 3.4 | 3.4 | 3.3 | 3.3 | 3.4 | 3.4 | 3.4 |
Shares outstanding (diluted) | 3.4 | 3.4 | 3.4 | 3.3 | 3.3 | 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. |