| In millions, except per share items | Dec-31-09 | Dec-31-08 | Dec-31-07 |
| | 10-K | 10-K | 10-K |
| Interest income: |
| Interest income on loans | 18.7 | 16.9 | 14.0 |
| Interest income on investments | 5.7 | 5.5 | 9.0 |
| | 27.4 | 27.2 | 23.0 |
| Interest expense: |
| Interest on deposits | 12.4 | 14.1 | 13.6 |
| Interest on borrowings | 1.1 | 1.6 | 0.8 |
| | 13.5 | 15.7 | 14.4 |
| Net interest income | 13.8 | 11.5 | 8.6 |
| Provision for loan losses | 0.6 | 0.8 | 0.1 |
| Net interest income after provision for loan losses | 13.2 | 10.7 | 8.5 |
| Deposit and loan fees | 1.2 | 1.1 | 1.0 |
| Income on real estate owned | 0.0 | | |
| Other non-interest income | 0.3 | 0.6 | |
| Total non-interest income | 1.5 | 1.8 | 1.1 |
| Non-interest expenses | 11.7 | 9.6 | 8.9 |
| Pre-tax income before non-recurring items | 1.8 | 1.7 | 0.7 |
| Non-recurring items | -0.1 | 0.0 | -0.1 |
| Pre-tax income | 1.8 | 1.7 | 0.8 |
| Income taxes | 0.4 | 0.4 | -0.5 |
| Tax rate | 21.4% | 20.8% | |
| Net income | 1.4 | 1.3 | 1.2 |
| Net margin | 9.8% | 10.8% | 12.8% |
| |
| Basic EPS | $0.34 | $0.31 | $0.29 |
| Diluted EPS | $0.34 | $0.31 | $0.29 |
| |
| Shares outstanding (basic) | 4.2 | 4.3 | 4.2 |
| Shares outstanding (diluted) | 4.2 | 4.3 | 4.2 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |