In millions, except per share items | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K |
Interest income: |
Interest income on loans | 118.7 | 87.2 | 70.2 | 62.8 | 57.4 | 57.3 | 60.0 | 76.5 |
Interest income on investments | 14.2 | 11.3 | 11.2 | 11.9 | 12.4 | 11.3 | 13.3 | 10.4 |
Interest income on repurchase agreements | 0.1 | 0.2 | 0.0 | 0.0 | 0.1 | 0.3 | 0.3 | 0.4 |
| 134.3 | 99.9 | 82.3 | 75.5 | 70.6 | 69.6 | 74.3 | 87.9 |
Interest expense: |
Interest on deposits | 7.3 | 4.9 | 3.2 | 2.5 | 2.5 | 2.9 | 6.7 | 15.6 |
Interest on borrowings | 2.6 | 2.5 | 1.3 | 3.4 | 3.4 | 3.3 | 4.7 | 5.3 |
| 13.5 | 9.5 | 5.4 | 6.7 | 7.1 | 9.2 | 14.4 | 23.6 |
Net interest income | 120.8 | 90.4 | 77.0 | 68.8 | 63.6 | 60.4 | 59.9 | 64.4 |
Provision for loan losses | 1.0 | 0.1 | 0.1 | 0.0 | 0.3 | -2.0 | 5.0 | 34.4 |
Net interest income after provision for loan losses | 119.8 | 90.2 | 76.9 | 68.8 | 63.3 | 62.4 | 54.9 | 30.0 |
Gain on sale of investments, net | 0.0 | -0.1 | 0.1 | 0.0 | 0.0 | 2.5 | 3.7 | -3.2 |
Other non-interest income | 25.5 | 19.3 | 17.0 | 16.7 | 13.8 | 11.1 | 10.2 | 11.3 |
Total non-interest income | 25.4 | 19.3 | 17.2 | 16.7 | 13.8 | 13.6 | 13.9 | 8.1 |
Non-interest expenses | 86.8 | 72.8 | 60.3 | 65.7 | 56.7 | 64.1 | 62.5 | 75.7 |
Asset impairment | 0.4 | 0.2 | 0.1 | 0.2 | | 2.8 | | |
Pre-tax income | 58.5 | 36.7 | 33.7 | 19.7 | 20.4 | 11.9 | 6.4 | -37.6 |
Income taxes | 19.8 | 12.0 | 11.3 | 6.2 | 6.4 | -3.2 | 0.0 | -6.3 |
Tax rate | 33.9% | 32.7% | 33.4% | 31.6% | 31.2% | | 0.0% | 16.7% |
Net income | 38.6 | 24.7 | 22.5 | 13.5 | 14.0 | 15.1 | -13.5 | -37.0 |
Net margin | 26.6% | 22.6% | 23.9% | 15.8% | 18.2% | 19.8% | -19.5% | -97.1% |
|
Basic EPS | $1.38 | $1.06 | $1.07 | $0.64 | $0.67 | $0.72 | ($1.04) | ($0.72) |
Diluted EPS | $1.36 | $1.05 | $1.06 | $0.64 | $0.67 | $0.72 | ($1.04) | ($0.72) |
|
Shares outstanding (basic) | 28.1 | 23.3 | 21.1 | 21.0 | 20.9 | 20.8 | 13.0 | 51.7 |
Shares outstanding (diluted) | 28.3 | 23.6 | 21.3 | 21.1 | 21.0 | 20.9 | 13.0 | 51.7 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |