In millions, except per share items | Jun-30-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 |
| 10-Q | 8-K | 8-K | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
Interest income: |
Interest income on loans | 72.2 | | | 48.5 | 61.0 | 64.0 | 51.4 | 49.6 |
Interest income on investments | 4.8 | | | 2.7 | 2.1 | 1.8 | 1.8 | 1.9 |
| 79.1 | 66.6 | 60.6 | 52.9 | 63.6 | 66.0 | 53.7 | 51.8 |
Interest expense: |
Interest on deposits | 11.2 | | | 0.9 | 0.9 | 1.0 | 1.1 | 1.3 |
Interest on borrowings | 3.1 | | | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| 14.5 | 3.4 | 2.0 | 1.1 | 0.9 | 0.7 | 1.4 | 1.5 |
Net interest income | 64.5 | 63.1 | 58.6 | 51.8 | 62.6 | 65.3 | 52.3 | 50.3 |
Provision for loan losses | 6.1 | | | 3.7 | 9.2 | 10.4 | 3.6 | -4.3 |
Net interest income after provision for loan losses | 58.4 | 63.1 | 58.6 | 48.1 | 53.4 | 54.8 | 48.8 | 54.6 |
Deposit and loan fees | | 3.4 | 3.4 | | | | | |
Other non-interest income | 19.7 | | | 30.6 | 31.0 | 36.9 | 18.0 | 21.6 |
Total non-interest income | 19.7 | 3.4 | 3.4 | 30.6 | 31.0 | 36.9 | 18.0 | 21.6 |
Non-interest expenses | 51.5 | 44.9 | 46.2 | 47.7 | 48.6 | 52.3 | 42.6 | 45.7 |
Pre-tax income before non-recurring items | 26.6 | 23.5 | 26.0 | 31.0 | 35.8 | 39.4 | 24.2 | 30.6 |
Non-recurring items | 0.1 | | | | | | | |
Pre-tax income | 26.5 | 23.5 | 26.0 | 31.0 | 35.8 | 39.4 | 24.2 | 30.6 |
Income taxes | 5.5 | 5.0 | 6.1 | 6.7 | 7.9 | 7.8 | 5.7 | 6.6 |
Tax rate | 20.6% | 21.2% | 23.4% | 21.5% | 22.0% | 19.9% | 23.8% | 21.7% |
Net income | 21.1 | 18.5 | 19.9 | 24.3 | 27.9 | 16.8 | 20.0 | 23.9 |
Net margin | 27.0% | 27.8% | 32.1% | 30.9% | 33.1% | 18.3% | 30.0% | 31.4% |
|
Basic EPS | $1.06 | | | $1.21 | $1.39 | $1.53 | $0.90 | $1.14 |
Diluted EPS | $1.06 | | | $1.21 | $1.38 | $1.52 | $0.89 | $1.14 |
|
Shares outstanding (basic) | 19.9 | | | 20.1 | 20.1 | 20.7 | 20.5 | 20.9 |
Shares outstanding (diluted) | 19.9 | | | 20.2 | 20.2 | 20.8 | 20.6 | 20.9 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |