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Net Interest Income (Tables)
3 Months Ended
Mar. 31, 2015
Components of Net Interest Income

The components of net interest income were as follows:

Table 48: Net Interest Income

 

     Three Months Ended
March 31,
 

(In Millions)

   2015      2014  

Interest Income

     

Loans and Leases

   $ 183.9       $ 182.9   

Securities — Taxable

     76.6         69.5   

— Non-Taxable

     1.3         2.2   

Interest-Bearing Due from and Deposits with Banks (Note)

     26.6         32.1   

Federal Reserve Deposits and Other

     10.4         8.7   
  

 

 

    

 

 

 

Total Interest Income

  298.8      295.4   
  

 

 

    

 

 

 

Interest Expense

Deposits

  16.7      20.1   

Federal Funds Purchased

  0.2      0.3   

Securities Sold Under Agreements to Repurchase

  0.1      0.1   

Other Borrowings

  1.2      0.7   

Senior Notes

  11.6      17.5   

Long-Term Debt

  7.8      10.4   

Floating Rate Capital Debt

  0.6      0.6   
  

 

 

    

 

 

 

Total Interest Expense

  38.2      49.7   
  

 

 

    

 

 

 

Net Interest Income

$ 260.6    $ 245.7   
  

 

 

    

 

 

 

Note: Interest income for the three months ended March 31, 2015, was earned on cash and due from banks of $2.2 billion and interest-bearing deposits with banks of $15.4 billion as of March 31, 2015.