Bancorp of New Jersey, Inc. (BKJ) [Rocket]

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/A	10-K	10-K	10-K
Interest income:
Interest income on loans	34.0	30.7	30.2	30.5	26.9	23.6	21.6	18.9
Interest income on investments	0.9	0.9
Interest income on repurchase agreements	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	36.1	32.6	31.4	31.5	27.9	24.8	23.4	19.9
Interest expense:
Interest on deposits					5.4	5.3	5.6
Interest on borrowings					0.2
	9.3	7.6	7.0	8.0	6.6	6.1	6.1	4.7
Net interest income	26.8	25.0	24.4	23.5	21.2	18.7	17.3	15.1
Provision for loan losses	1.2	0.4	1.6	0.9	3.1	0.8	1.2	1.2
Net interest income after provision for loan losses	25.7	24.6	22.9	22.6	18.2	17.9	16.1	13.9
Deposit and loan fees			0.5	0.3	0.2	0.2	0.2	0.2
Gain on sale of investments, net				0.0	0.0	0.2	0.2
Other non-interest income	0.4	0.4				0.0	0.0	0.0
Total non-interest income	0.4	0.4	0.5	0.3	0.2	0.4	0.4	0.2
Non-interest expenses	19.0	17.8	17.2	15.5	12.5	10.6	9.6	8.4
Pre-tax income before non-recurring items	7.7	7.6	6.4	7.6	6.1	7.9	7.2	5.7
Non-recurring items	0.6	0.4	0.3	0.3	0.2	0.2	0.2	0.2
Pre-tax income	7.1	7.2	6.1	7.3	5.9	7.7	6.9	5.5
Income taxes	1.6	3.7	2.1	2.5	2.1	3.1	2.7	2.2
Tax rate	23.0%	50.7%	34.8%	34.5%	35.9%	39.6%	39.5%	40.1%
Net income	5.5	3.6	4.0	4.8	3.8	4.7	4.2	3.3
Net margin	21.0%	14.3%	17.1%	21.0%	20.6%	25.5%	25.4%	23.5%

Basic EPS	$0.77	$0.55	$0.64	$0.79	$0.71	$0.88	$0.81	$0.64
Diluted EPS	$0.77	$0.54	$0.64	$0.79	$0.70	$0.87	$0.81	$0.64

Shares outstanding (basic)	7.1	6.6	6.3	6.1	5.4	5.3	5.2	5.2
Shares outstanding (diluted)	7.1	6.6	6.3	6.1	5.4	5.4	5.2	5.2

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