| In millions, except per share items | Jun-30-23 | Jun-30-22 |
| | 10-Q | 10-Q |
| Interest income: |
| Interest income on loans | 28.0 | 19.9 |
| Interest income on investments | 0.5 | 0.3 |
| | 30.3 | 21.6 |
| Total interest expense | 6.8 | 0.6 |
| Net interest income | 23.4 | 20.9 |
| Provision for loan losses | 0.0 | 1.8 |
| Net interest income after provision for loan losses | 23.4 | 19.1 |
| Total non-interest income | 1.1 | 1.5 |
| Non-interest expenses | 14.6 | 21.7 |
| Pre-tax income before non-recurring items | 10.0 | 6.8 |
| Non-recurring items | 0.1 | 7.8 |
| Pre-tax income | 9.9 | -1.0 |
| Income taxes | 3.2 | -0.3 |
| Tax rate | 32.3% | 29.4% |
| Net income | 6.7 | -0.7 |
| Net margin | 27.4% | -3.6% |
| |
| Basic EPS | $0.37 | ($0.04) |
| Diluted EPS | $0.36 | ($0.04) |
| |
| Shares outstanding (basic) | 18.3 | 17.8 |
| Shares outstanding (diluted) | 18.6 | 18.2 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |