Cordia Bancorp Inc (BVA) [Rocket]

In millions, except per share items	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12
	10-K	10-K	10-K	10-K
Interest income on loans	9.2	8.9	9.4	7.8
Interest income on repurchase agreements	0.0	0.0	0.1
Total interest income	10.8	10.2	9.9	8.4
Interest on deposits	2.0	1.8	1.6	1.5
Total interest expense	2.0	1.8	1.6	1.5
Net interest income	12.8	12.0	11.5	10.0
Provision for loan losses			0.0	0.6
Net interest income after provision for loan losses	12.8	12.0	11.5	9.4
Deposit and loan fees	0.1	0.1	0.1	0.1
Gain on sale of investments, net	0.1	0.2		0.0
Other non-interest income	0.3	0.2	0.2	0.1
Total non-interest income	0.5	0.5	0.3	0.3
Non-interest expenses	8.7	8.8	7.6	7.3
Pre-tax income before non-recurring items	1.0	0.0	1.2	-0.1
Non-recurring items	0.4	0.4	0.5	0.6
Pre-tax income	0.6	-0.4	0.7	-0.7
Income taxes	0.0	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%	0.0%
Minority interest				-0.2
Net income	0.6	-0.4	0.7	-0.5
Net margin	4.4%	-3.3%	5.9%	-5.3%

Basic EPS	$0.09	($0.09)	$0.27	($0.32)
Diluted EPS	$0.09	($0.09)	$0.27	($0.32)

Shares outstanding (basic)	6.6	4.7	2.6	1.7
Shares outstanding (diluted)	6.6	4.7	2.6	1.7

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.