| In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 |
| | 10-K | 10-K | 10-K |
| Interest income: |
| Interest income on loans | 20.7 | 21.1 | 23.0 |
| Interest income on investments | 3.3 | 6.9 | |
| | 26.4 | 29.1 | 30.5 |
| Total interest expense | 8.2 | 10.7 | 13.8 |
| Net interest income | 18.2 | 18.4 | 16.7 |
| Provision for loan losses | 6.2 | 1.3 | |
| Net interest income after provision for loan losses | 12.0 | 17.1 | 16.7 |
| Deposit and loan fees | 1.5 | 1.5 | |
| Other non-interest income | 3.6 | 1.2 | |
| Total non-interest income | 5.1 | 2.7 | 0.0 |
| Non-interest expenses | 43.7 | 15.6 | |
| Asset impairment | 27.0 | | |
| Pre-tax income | -26.7 | 4.2 | 2.0 |
| Income taxes | -0.9 | 1.3 | 1.1 |
| Tax rate | 3.3% | 30.7% | 56.8% |
| Net income | -26.5 | 2.9 | 0.8 |
| Net margin | -155.6% | 14.6% | 5.1% |
| |
| Basic EPS | ($2.91) | $0.32 | $0.09 |
| Diluted EPS | ($2.91) | $0.30 | $0.09 |
| |
| Shares outstanding (basic) | 9.1 | 9.1 | 9.1 |
| Shares outstanding (diluted) | 9.1 | 9.5 | 9.6 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |