In millions, except per share items | Mar-31-14 | Dec-31-13 | Sep-30-13 | Jun-30-13 | Mar-31-13 | Dec-31-12 | Sep-30-12 | Jun-30-12 |
| 10-Q | 8-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
Interest income: |
Interest income on loans | 19.9 | 20.2 | 20.3 | 20.4 | 10.7 | | 10.8 | 10.7 |
| 21.9 | 22.6 | 22.2 | 22.4 | 11.5 | | 11.9 | 11.8 |
Interest expense: |
Interest on deposits | 1.7 | | 1.6 | 1.6 | 1.3 | | 1.3 | 1.5 |
Interest on borrowings | 1.1 | 1.0 | 0.7 | 0.4 | 0.3 | | 0.3 | 0.3 |
| 2.8 | 2.8 | 2.3 | 2.0 | 1.6 | | 1.6 | 1.8 |
Net interest income | 19.1 | 19.8 | 19.9 | 20.4 | 9.9 | | 10.3 | 10.0 |
Provision for loan losses | 1.3 | 0.8 | 1.3 | 1.5 | 1.9 | | 1.1 | 2.0 |
Net interest income after provision for loan losses | 17.9 | 19.1 | 18.6 | 18.9 | 8.0 | | 9.2 | 8.0 |
Deposit and loan fees | 1.3 | 1.4 | 1.5 | 1.5 | 0.5 | | 0.5 | 0.6 |
Gain on sale of investments, net | | | | | 1.1 | | 0.5 | |
Other non-interest income | 3.4 | 3.1 | 3.0 | 11.6 | 1.9 | | 2.3 | 1.8 |
Total non-interest income | 4.7 | 4.6 | 4.5 | 13.1 | 3.5 | | 3.3 | 2.4 |
Non-interest expenses | 18.7 | 18.1 | 18.7 | 31.1 | 12.7 | | 11.1 | 10.3 |
Pre-tax income before non-recurring items | 5.8 | 5.5 | 4.5 | 0.9 | 0.4 | | 1.4 | 0.1 |
Non-recurring items | 2.0 | | | | 1.6 | | | |
Pre-tax income | 3.8 | 5.5 | 4.5 | 0.9 | -1.2 | | 1.4 | 0.1 |
Income taxes | 1.7 | 2.2 | 3.0 | -2.8 | -0.4 | | 0.1 | -0.3 |
Tax rate | 44.3% | 40.5% | 66.9% | | 32.9% | | 6.9% | |
Net income | 1.7 | 0.0 | 0.0 | 3.7 | -1.2 | | 0.0 | 0.3 |
Net margin | 7.7% | 0.0% | 0.0% | 11.6% | -10.2% | | 0.0% | 3.3% |
|
Basic EPS | $0.03 | $0.00 | $0.00 | $0.08 | ($0.03) | | $0.00 | $0.01 |
Diluted EPS | $0.03 | $0.00 | $0.00 | $0.08 | ($0.03) | | $0.00 | $0.01 |
|
Shares outstanding (basic) | 52.1 | 46.0 | 46.0 | 45.9 | 35.8 | | 35.7 | 35.7 |
Shares outstanding (diluted) | 52.4 | 46.2 | 46.2 | 45.9 | 35.8 | | 35.9 | 35.7 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |