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The change in interest not due solely to volume or rate has been allocated in proportion to the absolute dollar amounts of the change in each. 

## Noninterest income 

Noninterest income for 2003 was $1.8 billion, essentially unchanged from the prior year. In 2002, noninterest income rose by $44 million, or 3%. 

As shown in Figure 8, noninterest income for 2003 benefited from a $34 million increase in net gains from loan securitizations and sales, and a $28 million rise in letter of credit and non-yield-related loan fees. 

In addition, income from investment banking and capital markets activities grew by $18 million, as Key had net principal investing gains in 2003, compared with net losses in 2002. These positive results were offset by a $60 million decrease in income from trust and investment services and a $41 million decline in service charges on deposit accounts. Each of these revenue components is further discussed later in this section. 

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