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Other Noninterest Income and Other Noninterest Expense (Tables)
12 Months Ended
Dec. 31, 2013
Other Income and Expenses [Abstract]  
Summary of Other Noninterest Income
A summary of other noninterest income for 2013, 2012 and 2011 is as follows:
 
 
Year ended December 31,
(Dollars in thousands)
 
2013
 
2012
 
2011
Fund management fees
 
$
11,163

 
$
11,057

 
$
10,730

Service-based fee income
 
7,807

 
7,937

 
9,717

Gains (losses) on revaluation of foreign currency instruments (1)
 
3,016

 
1,677

 
(2,096
)
Currency revaluation gains (losses) (2)
 
93

 
(16
)
 
(4,275
)
Net gains on the sale of certain assets related to our equity management services business
 

 
4,243

 

Other (3)
 
14,060

 
11,465

 
7,154

Total other noninterest income
 
$
36,139

 
$
36,363

 
$
21,230


 
(1)
Represents the revaluation of foreign currency denominated financial instruments issued and held by us, primarily loans, deposits and cash.
(2)
Includes the revaluation of foreign currency denominated financial statements of certain funds. Included in these amounts are gains of $87 thousand, gains of $27 thousand and losses of $2.9 million in 2013, 2012 and 2011, respectively, attributable to noncontrolling interests calculated based on the ownership percentages of the noncontrolling interests.
(3)
Includes dividends on FHLB/FRB stock, correspondent bank rebate income and other fee income.
Summary of Other Noninterest Expense
A summary of other noninterest expense for 2013, 2012 and 2011 is as follows:
 
 
Year ended December 31,
(Dollars in thousands)
 
2013
 
2012
 
2011
Client services
 
$
8,181

 
$
6,910

 
$
4,594

Data processing services
 
7,895

 
5,876

 
4,811

Tax credit fund amortization
 
6,436

 
3,911

 
4,474

Telephone
 
6,258

 
6,528

 
5,835

Postage and supplies
 
2,462

 
2,482

 
2,162

Dues and publications
 
1,745

 
2,067

 
1,570

Net gain from note repurchases and termination of corresponding interest rate swaps (1)
 

 

 
(3,123
)
Other
 
8,950

 
8,188

 
10,499

Total other noninterest expense
 
$
41,927

 
$
35,962

 
$
30,822


 
(1)
Represents gains from the repurchase of $109 million of our 5.70% Senior Notes and $204 million of our 6.05% Subordinated Notes and the termination of the corresponding portions of interest rate swaps in 2011. For more information, see Note 11–"Short-Term Borrowings and Long-Term Debt."