The following table summarizes transactions for our RSUs, excluding dividend equivalents, for 2009:
## Table 0 ##
Compensation cost recognized for RSUs totaled $7.3 million, $4.9 million and $3.0 million for the years ended December 31, 2009, 2008 and 2007, respectively.
As of December 31, 2009, there was $6.7 million of total unrecognized compensation expense related to nonvested RSUs granted under the Plan, which is expected to be recognized over a weighted average period of 3.3 years.
(14) Financial Instruments We are exposed to capital market risk, such as changes in interest rates.
In an effort to manage interest rate risk, we may enter into interest rate hedging arrangements from time to time.
We do not utilize derivative financial instruments for trading or speculative purposes.
In November 2007, we entered into forward starting interest swaps with notional amounts appropriate to hedge interest rates on $300.0 million of anticipated debt offerings in 2009.
The forward starting swaps were appropriately designated and tested for effectiveness as cash flow hedges.
In March 2008, we settled the forward starting swaps and made a cash payment of $14.6 million to the counterparties.
An effectiveness test was performed as of the settlement date and it was concluded that a highly effective cash flow hedge was still in place for the expected debt offering.
Of the amount paid in settlement, approximately $700,000 was immediately reclassified to interest expense, as the result of partial ineffectiveness calculated at the settlement date.
The net amount of $13.9 million was recorded in Other Comprehensive Income (“OCI”) and is being recognized through interest expense over the life of the hedged debt offering, which took place in May 2008.
The remaining unamortized amount included as a reduction to accumulated OCI as of December 31, 2009 is $9.3 million.
In August 2005, we entered into $300.0 million of cash flow hedges through forward starting interest rate swaps to hedge interest rates on $300.0 million of anticipated debt offerings in 2007.
The swaps qualified for hedge accounting, with any changes in fair value recorded in OCI.
In conjunction with the September 2007 issuance of $300.0 million of senior unsecured notes, we terminated these cash flow hedges as designated.
The settlement amount received of $10.7 million is being recognized to earnings through a reduction of interest expense over the term of the hedged cash flows.
The remaining unamortized amount included as an increase to accumulated OCI as of December 31, 2009 is $8.2 million.
The ineffective portion of the hedge was insignificant.
The effectiveness of our hedges is evaluated throughout their lives using the hypothetical derivative method under which the change in fair value of the actual swap designated as the hedging instrument is compared to the change in fair value of a hypothetical swap.
We had no material interest rate derivatives, when considering both fair value and notional amount, at December 31, 2009.
People’s United Financial, Inc.  and Subsidiaries Notes to Consolidated Financial Statements Acquired Loans Credit Quality Indicators Upon acquiring a loan portfolio, the Company’s internal Loan Review function undertakes the process of assigning risk ratings to all Commercial Banking loans in accordance with the Company’s established policy, which may differ in certain respects from the risk rating policy of the predecessor company.
The length of time necessary to complete this process varies based on the size of the acquired portfolio, the quality of the documentation maintained in the underlying loan files and the extent to which the predecessor company followed a risk rating approach comparable to People’s United Financial’s.
As a result, while acquired loans are risk rated, there are occasions when such ratings may be deemed “preliminary” until the Company’s re-rating process has been completed.
Acquired loans are initially recorded at fair value, determined based upon an estimate of the amount and timing of both principal and interest cash flows expected to be collected and discounted using a market interest rate.
The difference between contractually required principal and interest payments at the acquisition date and the undiscounted cash flows expected to be collected at the acquisition date is referred to as the “nonaccretable difference”, which includes an estimate of future credit losses expected to be incurred over the life of the portfolio.
A decrease in the expected cash flows in subsequent periods requires the establishment of an allowance for loan losses at that time.
At December 31, 2013 and 2012, the allowance for loan losses on acquired loans was $10.3 million and $10.5 million, respectively.
Acquired Loans At the respective acquisition dates in 2011 and 2010, on an aggregate basis, the acquired loan portfolio had contractually required principal and interest payments receivable of $7.57 billion; expected cash flows of $7.02 billion; and a fair value (initial carrying amount) of $5.36 billion.
The difference between the contractually required principal and interest payments receivable and the expected cash flows ($550.9 million) represented the initial nonaccretable difference.
The difference between the expected cash flows and fair value ($1.66 billion) represented the initial accretable yield.
Both the contractually required principal and interest payments receivable and the expected cash flows reflect anticipated prepayments, determined based on historical portfolio experience.
At December 31, 2013, the outstanding principal balance and carrying amount of the acquired loan portfolio were $1.55 billion and $1.53 billion, respectively ($2.30 billion and $2.24 billion, respectively, at December 31, 2012).
At December 31, 2013, the aggregate remaining nonaccretable difference applicable to acquired loans totaled $137.0 million.
The following table summarizes activity in the accretable yield for the acquired loan portfolio:
## Table 1 ##
(1) Results in increased interest income as a prospective yield adjustment over the remaining life of the corresponding pool of loans.
(2) Represents changes in cash flows expected to be collected due to factors other than credit (e. g.  changes in prepayment assumptions and/or changes in interest rates on variable rate loans), as well as loan sales, modifications and payoffs.
People’s United Financial, Inc.  and Subsidiaries Notes to Consolidated Financial Statements All of People’s United Financial’s tax deductible goodwill was created in transactions in which the Company purchased the assets of the target (as opposed to purchasing the issued and outstanding stock of the target).
At December 31, 2013 and 2012, tax deductible goodwill totaled $14.5 million and $14.8 million, respectively, and related, almost entirely, to the Butler Bank acquisition completed in 2010.
Other Acquisition-Related Intangible Assets The following is a summary of People’s United Financial’s other acquisition-related intangible assets:
## Table 2 ##
Other acquisition-related intangible assets have an original weighted-average amortization period of 14 years.
Amortization expense of other acquisition-related intangible assets totaled $26.2 million, $26.8 million and $25.8 million for the years ended December 31, 2013, 2012 and 2011, respectively.
Scheduled amortization expense attributable to other acquisition-related intangible assets for each of the next five years is as follows: $24.8 million in 2014; $23.8 million in 2015; $22.7 million in 2016; $21.6 million in 2017; and $10.2 million in 2018.
There were no impairment losses relating to goodwill or other acquisition-related intangible assets recorded during the years ended December 31, 2013, 2012 and 2011.
Recent Acquisitions On June 22, 2012, People’s United Bank acquired 57 branches from RBS Citizens, N. A.  and assumed approximately $324 million in deposits associated with these branches.
The assets acquired, which included cash, premises and equipment, and other assets totaling $15.8 million, and liabilities assumed, which included deposits and other liabilities totaling $324.6 million, were recorded by People’s United Financial at their estimated fair values as of the acquisition date.
After the close of business on June 30, 2011, People’s United Financial acquired Danvers Bancorp, Inc.  (“Danvers”).
The transaction was effective July 1, 2011.
Total consideration paid in the Danvers acquisition of approximately $462 million consisted of approximately $214 million in cash and 18.5 million shares of People’s United Financial common stock with a fair value of approximately $248 million.
Cash consideration was paid at the rate of $23.00 per share of Danvers common stock and stock consideration was paid at the rate of 1.624 shares of People’s United Financial common stock per share of Danvers common stock.
The fair value of the assets acquired and liabilities assumed in the Danvers acquisition totaled $2.8 billion and $2.4 billion, respectively.
People’s United Financial’s results of operations include the results of Danvers beginning with the effective date.
Merger-related expenses recorded in 2011 totaling $42.9 million related to the Danvers acquisition and acquisitions completed during 2010.
People’s United Financial, Inc.  and Subsidiaries Notes to Consolidated Financial Statements Restricted Stock Awarded The following is a summary of restricted stock award activity under the Incentive Plans and the RRP:
## Table 3 ##
Expense relating to unvested restricted stock awards is recognized on a straight-line basis, generally over the applicable service period, and totaled $8.8 million, $11.1 million and $14.6 million for the years ended December 31, 2013, 2012 and 2011, respectively.
Unamortized cost for unvested restricted stock awards, which reflects an estimated forfeiture rate of 5.4% per year over the vesting period, totaled $11.4 million at December 31, 2013, and is expected to be recognized over the remaining weighted-average vesting period of 1.9 years.
The total fair value of restricted stock awards vested during the years ended December 31, 2013, 2012 and 2011 was $9.4 million, $10.1 million and $10.2 million, respectively.
During 2013, 2012 and 2011, employees of People’s United Financial tendered 166,572 shares, 191,652 shares and 196,457 shares of common stock, respectively, in satisfaction of their related minimum tax withholding obligations upon the vesting of restricted stock awards granted in prior periods.
There is no limit on the number of shares that may be tendered by employees of People’s United Financial in the future to satisfy their related minimum tax withholding obligations.
Shares acquired in satisfaction of minimum tax withholding obligations are not eligible for reissuance in connection with any subsequent grants made pursuant to equity compensation plans maintained by People’s United Financial.
Rather, all shares acquired in this manner are retired by People’s United Financial, resuming the status of authorized but unissued shares of People’s United Financial’s common stock.
The total cost of shares repurchased and retired during the years ended December 31, 2013, 2012 and 2011 was $2.2 million, $2.3 million and $2.6 million, respectively.
Directors’ Equity Compensation Plan The People’s United Financial, Inc.  Directors’ Equity Compensation Plan (the “Directors’ Equity Plan”) provides for an annual award of shares of People’s United Financial common stock with a fair value of $95,000 to each non-employee director immediately following each annual meeting of shareholders.
Shares of People’s United Financial common stock issued pursuant to the Directors’ Equity Plan prior to 2012 are not transferable until the third anniversary of the grant date or, if earlier, upon the director’s cessation of service.
Beginning in 2012, shares of People’s United Financial common stock issued pursuant to the Directors’ Equity Plan are subject to a one-year vesting period, with no post-vesting transfer restrictions.
A total of 892,500 shares of People’s United Financial common stock are reserved for issuance under the Directors’ Equity Plan.
The following table provides the weighted average yields earned and rates paid for each major category of earning assets and funding liabilities as of December 31, 2013:
## Table 4 ##
Non-Interest Income
## Table 5 ##
n/m – not meaningful Total non-interest income increased $19.4 million in 2013 compared to 2012 and increased $6.2 million in 2012 compared to 2011 ($15.0 million excluding net security gains).
The improvement in total non-interest income in 2013 compared to 2012 primarily reflects increases in gains on sales of acquired loans, operating lease income, investment management fees, commercial banking fees and customer interest rate swaps (included in Other) in 2013.
The improvement in total non-interest income in 2012 compared to 2011 primarily reflects an increase in the level of gains on sales of residential mortgage loans and higher commercial banking fees and operating lease income in 2012.
The decrease in bank service charges in 2012 compared to 2011 primarily reflects the impact of certain provisions of the DFA, as increases in commercial and retail fees were more than offset by the decline in interchange fees (see Recent Market Developments).

Tables referenced above, in order (Table 0 first):
<table><tr><td>Restricted Stock Units</td><td>Number of  RSUs</td><td>Weighted  Average  Grant Date  Fair Value</td></tr><tr><td>RSUs at December 31, 2008</td><td>401,375</td><td>$29.03</td></tr><tr><td>Granted</td><td>1,583,616</td><td>$9.32</td></tr><tr><td>Vested</td><td>-129,352</td><td>$28.39</td></tr><tr><td>Forfeited</td><td>-172,033</td><td>$12.53</td></tr><tr><td>RSUs at December 31, 2009</td><td>1,683,606</td><td>$12.23</td></tr></table>
<table><tr><td>Years ended December 31 (in millions)</td><td>2013</td><td>2012</td><td>2011</td></tr><tr><td>Balance at beginning of period</td><td>$890.2</td><td>$1,310.4</td><td>$954.8</td></tr><tr><td>Acquisitions</td><td>—</td><td>—</td><td>629.0</td></tr><tr><td>Accretion</td><td>-127.1</td><td>-206.5</td><td>-257.7</td></tr><tr><td>Reclassification from nonaccretable difference forloans with improved cash flows -1</td><td>5.3</td><td>22.7</td><td>55.3</td></tr><tr><td>Other changes in expected cash flows -2</td><td>-128.7</td><td>-236.4</td><td>-71.0</td></tr><tr><td>Balance at end of period</td><td>$639.7</td><td>$890.2</td><td>$1,310.4</td></tr></table>
<table><tr><td></td><td colspan="3">2013</td><td colspan="3">2012</td></tr><tr><td>As of December 31 (in millions)</td><td>GrossAmount</td><td>AccumulatedAmortization</td><td>CarryingAmount</td><td>GrossAmount</td><td>AccumulatedAmortization</td><td>CarryingAmount</td></tr><tr><td>Trade name intangible</td><td>$122.7</td><td>$26.7</td><td>$96.0</td><td>$122.7</td><td>$18.5</td><td>$104.2</td></tr><tr><td>Core deposit intangible</td><td>143.8</td><td>93.9</td><td>49.9</td><td>143.8</td><td>79.2</td><td>64.6</td></tr><tr><td>Trust relationships</td><td>42.7</td><td>17.1</td><td>25.6</td><td>42.7</td><td>14.2</td><td>28.5</td></tr><tr><td>Insurance relationships</td><td>31.5</td><td>30.2</td><td>1.3</td><td>31.5</td><td>29.8</td><td>1.7</td></tr><tr><td>Total other acquisition-relatedintangible assets</td><td>$340.7</td><td>$167.9</td><td>$172.8</td><td>$340.7</td><td>$141.7</td><td>$199.0</td></tr></table>
<table><tr><td></td><td>Shares</td><td>Weighted-AverageGrant DateFair Value</td></tr><tr><td>Unvested restricted shares outstanding at December 31, 2010</td><td>2,071,872</td><td>$16.77</td></tr><tr><td>Granted</td><td>769,858</td><td>13.18</td></tr><tr><td>Forfeited</td><td>-218,505</td><td>17.00</td></tr><tr><td>Vested</td><td>-786,185</td><td>17.17</td></tr><tr><td>Unvested restricted shares outstanding at December 31, 2011</td><td>1,837,040</td><td>15.06</td></tr><tr><td>Granted</td><td>640,254</td><td>12.57</td></tr><tr><td>Forfeited</td><td>-88,319</td><td>13.89</td></tr><tr><td>Vested</td><td>-807,554</td><td>16.31</td></tr><tr><td>Unvested restricted shares outstanding at December 31, 2012</td><td>1,581,421</td><td>13.48</td></tr><tr><td>Granted</td><td>617,796</td><td>13.15</td></tr><tr><td>Forfeited</td><td>-44,046</td><td>12.85</td></tr><tr><td>Vested</td><td>-621,956</td><td>14.08</td></tr><tr><td>Unvested restricted shares outstanding at December 31, 2013</td><td>1,533,215</td><td>$13.12</td></tr></table>
<table><tr><td>(dollars in millions)</td><td>Balance</td><td>Yield/Rate</td></tr><tr><td>Earning assets:</td><td></td><td></td></tr><tr><td>Short-term investments</td><td>$123.6</td><td>0.37%</td></tr><tr><td>Securities</td><td>5,032.7</td><td>2.05</td></tr><tr><td>Loans</td><td>24,390.3</td><td>3.69</td></tr><tr><td>Total earning assets</td><td>$29,546.6</td><td>3.40%</td></tr><tr><td>Funding liabilities:</td><td></td><td></td></tr><tr><td>Non-interest-bearing deposits</td><td>$5,312.2</td><td>—%</td></tr><tr><td>Savings, interest-bearing checking and money market deposits</td><td>12,862.2</td><td>0.22</td></tr><tr><td>Time deposits</td><td>4,382.9</td><td>1.00</td></tr><tr><td>Borrowings</td><td>5,057.0</td><td>0.33</td></tr><tr><td>Notes and debentures</td><td>639.1</td><td>3.36</td></tr><tr><td>Total funding liabilities</td><td>$28,253.4</td><td>0.39%</td></tr></table>
<table><tr><td></td><td></td><td></td><td></td><td colspan="2">Percentage Increase (Decrease)</td></tr><tr><td>Years ended December 31 (dollars in millions)</td><td>2013</td><td>2012</td><td>2011</td><td>2013/2012</td><td>2012/2011</td></tr><tr><td>Bank service charges</td><td>$127.3</td><td>$127.2</td><td>$131.3</td><td>0.1%</td><td>-3.1%</td></tr><tr><td>Investment management fees</td><td>37.2</td><td>34.9</td><td>33.2</td><td>6.6</td><td>5.1</td></tr><tr><td>Operating lease income</td><td>34.5</td><td>31.2</td><td>25.0</td><td>10.6</td><td>24.8</td></tr><tr><td>Insurance revenue</td><td>31.2</td><td>31.8</td><td>30.7</td><td>-1.9</td><td>3.6</td></tr><tr><td>Net gains on sales of residential mortgage loans</td><td>14.8</td><td>16.1</td><td>7.6</td><td>-8.1</td><td>111.8</td></tr><tr><td>Brokerage commissions</td><td>13.7</td><td>12.2</td><td>11.9</td><td>12.3</td><td>2.5</td></tr><tr><td>Net gains on sales of acquired loans</td><td>5.7</td><td>1.0</td><td>7.5</td><td>n/m</td><td>-86.7</td></tr><tr><td>Net security gains</td><td>—</td><td>—</td><td>8.8</td><td>n/m</td><td>-100.0</td></tr><tr><td>Other non-interest income:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Commercial banking fees</td><td>35.6</td><td>33.3</td><td>26.6</td><td>6.9</td><td>25.2</td></tr><tr><td>Merchant services income, net</td><td>5.0</td><td>4.9</td><td>4.3</td><td>2.0</td><td>14.0</td></tr><tr><td>BOLI</td><td>4.5</td><td>5.4</td><td>6.3</td><td>-16.7</td><td>-14.3</td></tr><tr><td>Other</td><td>23.7</td><td>15.8</td><td>14.4</td><td>50.0</td><td>9.7</td></tr><tr><td>Total other non-interest income</td><td>68.8</td><td>59.4</td><td>51.6</td><td>15.8</td><td>15.1</td></tr><tr><td>Total non-interest income</td><td>$333.2</td><td>$313.8</td><td>$307.6</td><td>6.2%</td><td>2.0%</td></tr></table>

Question: In the year with largest amount of Commercial banking fees, what's the increasing rate of Merchant services income, net? (in %)
Answer: 0.02041
Reasoning program: subtract(5,4.9), divide(#0,4.9)