In millions, except per share items | Dec-31-18 | Sep-30-18 | Mar-31-18 | Dec-31-17 | Sep-30-17 | Jun-30-17 | Mar-31-17 | Dec-31-16 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Interest income: |
Interest income on loans | 4.3 | 4.4 | 4.2 | 4.1 | 3.9 | 3.8 | 3.8 | 3.9 |
Interest income on investments | 0.1 | 0.2 | | 0.1 | 0.2 | | | |
| 4.8 | 4.9 | 4.7 | 4.6 | 4.4 | 4.4 | 4.4 | 4.4 |
Interest expense: |
Interest on deposits | 1.0 | 0.9 | 0.8 | 0.7 | 0.7 | 0.7 | 0.6 | 0.7 |
| 1.3 | 1.2 | 1.0 | 0.9 | 0.8 | 0.8 | 0.7 | 0.7 |
Net interest income | 3.4 | 3.7 | 3.7 | 3.6 | 3.6 | 3.6 | 3.6 | 3.6 |
Provision for loan losses | 0.1 | 0.2 | 1.0 | 0.3 | 0.1 | 0.2 | 2.4 | 0.8 |
Net interest income after provision for loan losses | 3.4 | 3.5 | 2.7 | 3.3 | 3.5 | 3.4 | 1.3 | 2.8 |
Deposit and loan fees | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Gain on sale of investments, net | | | 0.0 | | | | | 0.0 |
Other non-interest income | 0.2 | 0.2 | 0.9 | 0.4 | 0.2 | 0.1 | -0.7 | 0.5 |
Total non-interest income | 0.3 | 0.3 | 1.0 | 0.5 | 0.3 | 0.3 | -0.6 | 0.6 |
Non-interest expenses | 3.8 | 3.1 | 3.2 | 3.3 | 3.2 | 3.2 | 3.2 | 3.1 |
Pre-tax income before non-recurring items | -0.1 | 0.7 | 0.6 | 0.6 | 0.7 | 0.6 | -1.5 | 0.0 |
Non-recurring items | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 |
Pre-tax income | -0.1 | 0.7 | 0.5 | 0.4 | 0.6 | 0.5 | -1.7 | 0.0 |
Income taxes | 0.0 | 0.0 | 5.4 | 2.4 | 0.2 | 0.2 | -0.7 | -0.1 |
Tax rate | 0.0% | 0.0% | 1163.1% | 553.7% | 27.7% | 28.2% | 41.5% | |
Net income | -0.1 | 0.7 | -4.9 | -1.9 | 0.4 | 0.4 | -1.0 | 0.1 |
Net margin | -3.4% | 17.5% | -134.0% | -51.3% | 10.9% | 10.6% | -152.5% | 1.7% |
|
Basic EPS | ($0.04) | $0.21 | ($1.54) | ($0.60) | $0.13 | $0.12 | ($0.31) | $0.02 |
Diluted EPS | ($0.04) | $0.21 | ($1.54) | ($0.60) | $0.13 | $0.12 | ($0.31) | $0.02 |
|
Shares outstanding (basic) | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 |
Shares outstanding (diluted) | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |