In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A | 10-K | 10-K |
Interest income: |
Interest income on loans | 85.5 | 67.4 | 63.1 | 69.0 | 74.2 | 90.7 | 114.6 | 143.0 |
Interest income on investments | 6.6 | 6.3 | 9.0 | 7.7 | 7.9 | 9.4 | 6.7 | 6.3 |
Interest income on repurchase agreements | | | 0.2 | 0.2 | 0.2 | 0.8 | 0.9 | 0.1 |
| 92.4 | 73.9 | 72.3 | 76.9 | 82.3 | 100.8 | 122.2 | 149.4 |
Interest expense: |
Interest on deposits | 12.9 | 10.6 | 9.3 | 9.3 | 12.6 | 22.3 | 37.7 | 36.0 |
Interest on borrowings | 0.3 | 0.7 | 1.5 | 1.9 | 2.3 | 4.0 | 5.5 | 4.2 |
| 15.5 | 13.0 | 12.3 | 13.4 | 17.3 | 28.3 | 46.2 | 44.3 |
Net interest income | 76.9 | 60.9 | 60.0 | 63.5 | 65.0 | 72.5 | 76.0 | 105.2 |
Provision for loan losses | 11.3 | 0.6 | 0.2 | 1.0 | 15.0 | 67.9 | 211.8 | 134.2 |
Net interest income after provision for loan losses | 65.5 | 60.3 | 59.8 | 62.5 | 50.0 | 4.7 | -135.8 | -29.1 |
Deposit and loan fees | 4.7 | 5.0 | 4.7 | 5.0 | 5.2 | 5.9 | 6.6 | 8.1 |
Credit and debit card fees | 2.8 | 2.7 | 2.6 | 2.6 | 2.4 | 2.3 | | |
Gain on sale of investments, net | 0.0 | 0.2 | 0.3 | 0.8 | 0.6 | 1.1 | 0.5 | 4.3 |
Other non-interest income | 3.6 | 3.8 | 19.1 | 23.0 | 30.0 | 17.4 | 36.8 | 33.0 |
Total non-interest income | 11.1 | 11.7 | 26.8 | 31.3 | 38.2 | 26.7 | 43.9 | 45.4 |
Non-interest expenses | 80.9 | 73.6 | 76.8 | 88.2 | 81.4 | 103.7 | 95.3 | 170.8 |
Equity in earnings | | | | | | | | |
Pre-tax income before non-recurring items | 12.5 | -1.7 | 9.8 | 5.7 | -23.9 | -94.8 | -212.4 | -92.7 |
Non-recurring items | 16.7 | | | | -0.2 | -0.1 | 0.2 | 84.8 |
Pre-tax income | -4.2 | -1.7 | 9.8 | 5.7 | -23.7 | -94.8 | -212.5 | -177.5 |
Income taxes | -59.7 | -92.4 | 0.0 | -0.1 | -2.2 | 2.2 | -2.2 | 23.9 |
Tax rate | 1417.4% | 5507.4% | 0.1% | | 9.2% | | 1.0% | |
Minority interest | | | 0.5 | 1.7 | 3.5 | 0.6 | 1.0 | |
Net income | 55.5 | 90.7 | 9.3 | 4.1 | -25.1 | -97.5 | -99.2 | -210.1 |
Net margin | 72.4% | 126.1% | 10.8% | 4.3% | -28.4% | -311.1% | -306.1% | -1286.0% |
|
Basic EPS | $2.82 | $5.29 | $0.05 | $0.02 | ($0.29) | ($2.87) | ($12.85) | ($240.80) |
Diluted EPS | $2.81 | $5.26 | $0.05 | $0.02 | ($0.29) | ($2.87) | ($12.85) | ($240.80) |
|
Shares outstanding (basic) | 19.7 | 17.1 | 170.8 | 170.4 | 87.8 | 34.0 | 7.7 | 0.9 |
Shares outstanding (diluted) | 19.8 | 17.3 | 171.9 | 171.1 | 87.8 | 34.0 | 7.7 | 0.9 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |