Fifth Third Bank 2014 Annual Report Download - page 153
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
151 Fifth Third Bancorp
25. OTHER NONINTEREST INCOME AND OTHER NONINTEREST EXPENSE
The following table presents the major components of other noninterest income and other noninterest expense for the years ended December 31:
($ in millions) 2014 2013 2012
Other noninterest income:
Gain on Vantiv, Inc. IPO and sale of Vantiv, Inc. shares $ 148 336 272
Operating lease income 84 75 60
Equity method income from interest in Vantiv Holding, LLC 48 77 61
Cardholder fees 45 47 46
BOLI income 44 52 35
V
aluation ad
j
ustments on the warrant and put options associated with sale of Vantiv Holding, LLC 31 206 67
Banking center income 30 34 32
Consumer loan and lease fees 25 27 27
Insurance income 13 25 28
Gain on loan sales - 3 20
Loss on OREO (14) (26) (57)
Loss on swap associated with the sale of Visa, Inc. class B shares (38) (31) (45)
Other, net 34 54 28
Total other noninterest income $ 450 879 574
Other noninterest expense:
Losses and adjustments $ 188 221 187
Impairment on affordable housing investments 135 108 90
Loan and lease 119 158 183
Marketing 98 114 128
FDIC insurance and other taxes 89 127 114
Professional services fees 72 76 56
Operating lease 67 57 43
Travel 52 54 52
Postal and courier 47 48 48
Data processing 41 42 40
Recruitment and education 28 26 28
OREO expense 17 16 21
Insurance 16 17 18
Supplies 15 16 17
Intangible asset amortization 4 8 13
Loss on debt extinguishment - 8 169
Benefit from the reserve for unfunded commitments (27) (17) (2)
Other, net 178 185 169
Total other noninterest expense $ 1,139 1,264 1,374