In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Interest income: |
Interest income on loans | 107.0 | 93.4 | 95.3 | 82.9 | 72.1 | 48.9 | 40.9 |
Interest income on investments | 7.7 | 4.7 | 5.2 | 4.8 | 4.7 | 3.5 | 3.4 |
| 116.5 | 98.4 | 100.7 | 89.2 | 77.9 | 53.5 | 44.7 |
Interest expense: |
Interest on deposits | 10.3 | 7.5 | 12.5 | 17.9 | 12.4 | 6.4 | 5.5 |
| 12.4 | 8.3 | 13.9 | 19.5 | 14.8 | 7.7 | 5.9 |
Net interest income | 104.1 | 90.1 | 86.8 | 69.7 | 63.1 | 45.7 | 38.8 |
Provision for loan losses | | | | 5.3 | | | |
Net interest income after provision for loan losses | 104.1 | 90.1 | 86.8 | 64.4 | 63.1 | 45.7 | 38.8 |
Deposit and loan fees | 5.8 | 6.1 | 5.0 | 3.5 | 3.5 | 3.0 | 2.7 |
Other non-interest income | 14.0 | 17.4 | 13.9 | 9.1 | 8.0 | 6.9 | 6.5 |
Total non-interest income | 19.8 | 23.5 | 18.9 | 12.6 | 11.5 | 9.8 | 9.2 |
Non-interest expenses | 62.1 | 50.6 | 48.7 | 42.8 | 39.6 | 30.4 | 25.1 |
Pre-tax income | 59.6 | 60.0 | 49.9 | 34.3 | 32.1 | 24.1 | 22.6 |
Income taxes | 14.4 | 14.5 | 11.8 | 7.6 | 6.6 | 8.8 | 7.7 |
Tax rate | 24.2% | 24.2% | 23.7% | 22.1% | 20.6% | 36.6% | 34.1% |
Net income | 45.2 | 45.4 | 38.0 | 26.7 | 25.5 | 15.3 | 14.9 |
Net margin | 36.5% | 40.0% | 36.0% | 34.6% | 34.1% | 27.6% | 31.0% |
|
Basic EPS | $5.62 | $5.96 | $5.11 | $3.91 | $3.81 | $2.44 | $2.40 |
Diluted EPS | $5.60 | $5.95 | $5.09 | $3.88 | $3.81 | $2.44 | $2.40 |
|
Shares outstanding (basic) | 8.0 | 7.6 | 7.4 | 6.8 | 6.7 | 6.3 | 6.2 |
Shares outstanding (diluted) | 8.1 | 7.6 | 7.5 | 6.9 | 6.7 | 6.3 | 6.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |