In millions, except per share items | Sep-30-13 | Jun-30-13 | Mar-31-13 | Sep-30-12 | Jun-30-12 | Mar-31-12 | Dec-31-11 | Sep-30-11 |
| 10-Q | 10-Q | 10-Q | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Interest income: |
Interest income on loans | 6.7 | 6.6 | 6.6 | 7.5 | 7.7 | 8.2 | 8.5 | 8.7 |
| 7.0 | 6.9 | 6.9 | 7.8 | 7.9 | 8.4 | 8.7 | 8.9 |
Interest expense: |
Interest on deposits | 1.0 | 1.0 | 1.0 | 1.2 | 1.4 | 1.6 | 1.6 | 1.7 |
Interest on borrowings | 0.4 | | | 0.5 | | | 0.7 | 0.7 |
| 1.0 | 1.0 | 1.0 | 1.2 | 1.4 | 1.6 | 1.6 | 1.7 |
Net interest income | 8.0 | 7.9 | 7.9 | 9.0 | 9.3 | 10.0 | 10.3 | 10.6 |
Provision for loan losses | -0.6 | | 0.1 | 0.5 | 0.1 | 1.0 | | 0.2 |
Net interest income after provision for loan losses | 8.6 | 7.9 | 7.8 | 8.5 | 9.2 | 9.0 | | 10.4 |
Deposit and loan fees | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Other non-interest income | 1.4 | 1.5 | 1.6 | 1.3 | 1.2 | 1.5 | | |
Total non-interest income | 1.9 | 2.1 | 2.1 | 1.9 | 1.7 | 2.0 | 1.3 | 1.1 |
Non-interest expenses | 7.3 | 7.3 | 6.8 | 6.9 | 7.0 | 6.7 | 7.5 | 7.2 |
Pre-tax income before non-recurring items | 0.9 | 0.2 | 0.6 | 0.4 | 0.4 | 0.4 | -0.7 | 0.2 |
Non-recurring items | | 0.0 | | | | 0.0 | | |
Pre-tax income | 0.9 | 0.2 | 0.6 | 0.4 | 0.4 | 0.5 | -0.7 | 0.2 |
Income taxes | 0.2 | -5.9 | 0.1 | -0.1 | -0.1 | 0.0 | 0.0 | 0.0 |
Tax rate | 19.0% | | 9.9% | | | 8.2% | | 3.0% |
Net income | 0.7 | 6.2 | 0.5 | 0.5 | 0.5 | 0.4 | -0.7 | 0.2 |
Net margin | 6.9% | 61.9% | 5.0% | 4.7% | 4.4% | 3.8% | -6.3% | 1.4% |
|
Basic EPS | $0.05 | $0.45 | $0.04 | $0.06 | $0.06 | $0.06 | ($0.10) | $0.02 |
Diluted EPS | $0.05 | $0.42 | $0.03 | $0.06 | $0.06 | $0.06 | ($0.10) | $0.02 |
|
Shares outstanding (basic) | 13.6 | 13.5 | 13.4 | 7.5 | 7.5 | 7.2 | 7.1 | 7.2 |
Shares outstanding (diluted) | 15.0 | 14.7 | 14.4 | 7.5 | 7.5 | 7.2 | 7.1 | 7.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |