Other Operating Expense

12 Months Ended

Dec. 31, 2021

Other Income and Expenses [Abstract]

Other Operating Expense

Other Operating Income

The components of Other Operating Income were as follows:

TABLE 99: OTHER OPERATING INCOME

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2021		2020		2019
Loan Service Fees	$	66.6	$	52.5	$	48.0
Banking Service Fees	50.9		46.1		45.6
Other Income	126.4		95.4		51.9
Total Other Operating Income	$	243.9	$	194.0	$	145.5

Other Operating Income in 2021 increased from 2020, primarily due to higher banking and credit-related service charges, distributions from investments in community development projects and gains from property sales.

Other Operating Expense

The components of Other Operating Expense were as follows:

TABLE 100: OTHER OPERATING EXPENSE

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2021		2020		2019
Business Promotion	$	65.5	$	59.2	$	104.2
Staff Related	33.9		29.4		42.8
FDIC Insurance Premiums	14.6		11.8		9.9
Other Intangibles Amortization	14.8		16.9		16.6
Other Expenses	170.3		229.4		156.3
Total Other Operating Expense	$	299.1	$	346.7	$	329.8

Other Operating Expense in 2021 decreased from 2020 primarily due to lower charges associated with account servicing activities and a decline in other miscellaneous expenses. The account servicing activities in the prior year included a $43.4 million charge related to a corporate action processing error.