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Related Party Transactions	9 Months Ended
Sep. 30, 2014
Related Party Transactions
Related Party Transactions	18. Related Party Transactions The Bancorp's ownership position in Vantiv Holding, LLC was reduced in the second quarter of 2014 when the Bancorp sold an approximate three percent interest and recognized a $125 million gain. The Bancorp's remaining approximate 23% ownership in Vantiv Holding, LLC was accounted for as an equity method investment in the Bancorp's Condensed Consolidated Financial Statements and had a carrying value of $388 million as of September 30, 2014. As of September 30, 2014, the Bancorp continued to hold approximately 43 million Class B units of Vantiv Holding, LLC and a warrant to purchase approximately 20.4 million Class C non-voting units of Vantiv Holding, LLC, both of which may be exchanged for Class A Common Stock of Vantiv, Inc. on a one for one basis or at Vantiv, Inc.'s option for cash. In addition, the Bancorp holds approximately 43 million Class B common shares of Vantiv, Inc. The Class B common shares give the Bancorp voting rights, but no economic interest in Vantiv, Inc. The voting rights attributable to the Class B common shares are limited to 18.5% of the voting power in Vantiv, Inc. at any time other than in connection with a stockholder vote with respect to a change in control in Vantiv, Inc. These securities are subject to certain terms and restrictions. The outstanding balance of loans to Vantiv Holding, LLC was $207 million and $348 million at September 30, 2014 and December 31, 2013, respectively

Related Party Transactions

9 Months Ended

Sep. 30, 2014

18. Related Party Transactions

The Bancorp's ownership position in Vantiv Holding, LLC was reduced in the second quarter of 2014 when the Bancorp sold an approximate three percent interest and recognized a $125 million gain. The Bancorp's remaining approximate 23% ownership in Vantiv Holding, LLC was accounted for as an equity method investment in the Bancorp's Condensed Consolidated Financial Statements and had a carrying value of $388 million as of September 30, 2014.

As of September 30, 2014, the Bancorp continued to hold approximately 43 million Class B units of Vantiv Holding, LLC and a warrant to purchase approximately 20.4 million Class C non-voting units of Vantiv Holding, LLC, both of which may be exchanged for Class A Common Stock of Vantiv, Inc. on a one for one basis or at Vantiv, Inc.'s option for cash. In addition, the Bancorp holds approximately 43 million Class B common shares of Vantiv, Inc. The Class B common shares give the Bancorp voting rights, but no economic interest in Vantiv, Inc. The voting rights attributable to the Class B common shares are limited to 18.5% of the voting power in Vantiv, Inc. at any time other than in connection with a stockholder vote with respect to a change in control in Vantiv, Inc. These securities are subject to certain terms and restrictions. The outstanding balance of loans to Vantiv Holding, LLC was $207 million and $348 million at September 30, 2014 and December 31, 2013, respectively

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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