In millions, except per share items | Sep-30-13 | Jun-30-13 | Mar-31-13 | Dec-31-12 | Sep-30-12 | Jun-30-12 | Mar-31-12 | Dec-31-11 |
| 10-Q | 10-Q/A | 10-Q | 10-K | 10-Q | 10-Q/A | 10-Q | 10-K |
Interest income: |
Interest income on loans | 47.0 | 47.1 | 47.3 | 47.4 | 47.4 | 47.5 | 47.3 | 47.0 |
Interest income on investments | 2.9 | | | | 4.3 | | | |
| 60.7 | 62.3 | 64.2 | 66.3 | 68.3 | 70.7 | 72.6 | 73.6 |
Interest expense: |
Interest on deposits | 9.0 | 10.2 | 11.2 | 12.5 | 14.3 | 15.6 | 17.1 | 18.0 |
Interest on borrowings | 0.7 | | | | 0.4 | | | |
| 7.0 | 8.2 | 9.2 | 10.5 | 14.3 | 15.6 | 17.1 | 18.0 |
Net interest income | 92.0 | 94.7 | 97.7 | 101.1 | 82.6 | 86.3 | 89.7 | 91.6 |
Provision for loan losses | 0.1 | 3.0 | 4.0 | | 7.0 | 5.0 | 5.0 | 4.5 |
Net interest income after provision for loan losses | 91.9 | 91.8 | 93.7 | 95.7 | 75.5 | 81.3 | 84.7 | 87.1 |
Deposit and loan fees | 0.3 | | | | 0.4 | | | |
Gain on sale of investments, net | -1.1 | | -0.7 | -0.7 | 0.4 | 0.1 | | 0.1 |
Other non-interest income | 7.3 | 7.0 | 7.7 | 7.8 | 6.5 | 6.3 | 5.2 | |
Total non-interest income | 6.4 | 6.8 | 7.4 | 7.5 | 7.3 | 6.4 | 5.7 | 5.2 |
Non-interest expenses | 51.4 | 52.0 | 50.3 | 49.9 | 45.5 | 44.5 | 43.7 | 43.0 |
Pre-tax income before non-recurring items | 4.5 | 2.7 | 4.0 | 3.6 | 6.2 | 8.9 | 9.7 | 10.4 |
Non-recurring items | 3.2 | 2.9 | 2.2 | 1.9 | | | | |
Pre-tax income | 1.2 | -0.2 | 1.8 | 1.7 | 6.2 | 8.9 | 9.7 | 10.4 |
Income taxes | 1.1 | 0.4 | 1.1 | 0.9 | 1.8 | 2.7 | 3.0 | 3.3 |
Tax rate | 85.6% | -258.4% | 63.2% | 54.9% | 29.4% | 30.7% | 31.2% | 31.7% |
Minority interest | -0.2 | -0.2 | -0.2 | -0.2 | -0.2 | -0.2 | -0.2 | -0.1 |
Net income | 0.3 | -0.5 | 0.8 | 0.8 | 4.5 | 6.2 | 6.7 | 7.1 |
Net margin | 0.3% | -0.5% | 0.8% | 0.9% | 5.4% | 7.1% | 7.4% | 7.7% |
|
Basic EPS | $0.01 | ($0.02) | $0.03 | $0.03 | $0.15 | $0.21 | $0.22 | $0.24 |
Diluted EPS | $0.01 | ($0.02) | $0.03 | $0.03 | $0.15 | $0.21 | $0.22 | $0.24 |
|
Shares outstanding (basic) | 29.7 | 29.7 | 29.7 | 29.8 | 29.8 | 29.8 | 29.9 | 30.0 |
Shares outstanding (diluted) | 29.8 | 29.7 | 29.8 | 29.8 | 29.8 | 29.8 | 29.9 | 30.0 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |