Amalgamated Financial Corp. [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	10-K
Interest income on loans	123.3	142.0	140.0	129.9
Total interest income	180.5	190.5	186.0	164.0
Interest expense:
Interest on deposits	5.8	10.5	14.5	9.6
Interest on borrowings				4.6
	6.2	10.5	19.3	14.2
Net interest income	174.3	180.0	166.6	178.2
Net interest income after provision for loan losses	174.3	180.0	166.6	178.2
Deposit and loan fees	9.4	9.2	8.5
Other non-interest income	19.0	31.4	50.3	28.3
Total non-interest income	28.4	40.6	58.9	28.3
Non-interest expenses	132.3	133.9	127.8	128.0
Pre-tax income	70.7	61.9	64.2	50.3
Income taxes	17.8	15.8	17.0	5.7
Tax rate	25.2%	25.4%	26.4%	11.3%
Net income	52.9	46.2	47.2	44.7
Net margin	26.1%	20.9%	20.9%	21.6%

Basic EPS	$1.70	$1.48	$1.49	$1.47
Diluted EPS	$1.68	$1.48	$1.47	$1.46

Shares outstanding (basic)	31.1	31.1	31.7	30.4
Shares outstanding (diluted)	31.5	31.2	32.2	30.6

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