At June 30, 2013, City National's prime lending rate was 3.25 percent, unchanged from both June 30, 2012 and March 31, 2013.
|For the three months ended||For the three|
|June 30,||%||months ended||%|
|Dollars in millions||2013||2012||Change||March 31, 2013||Change|
|Average Loans and Leases,|
|excluding Covered Loans||$ 15,434.1||$ 13,125.9||18||$ 14,809.3||4|
|Average Covered Loans||909.7||1,341.0||(32)||989.5||(8)|
|Average Total Securities||8,866.9||7,755.3||14||9,796.3||(9)|
|Average Earning Assets||25,819.9||22,769.1||13||26,046.6||(1)|
|Average Core Deposits||22,447.5||20,215.2||11||21,815.2||3|
|Net Interest Income||208.4||221.4||(6)||206.3||1|
|Net Interest Margin||3.24%||3.91%||(17)||3.21%||1|
Loans and other real estate owned (OREO) assets acquired in City National's FDIC‑assisted bank acquisitions totaled $885.4 million at the end of the second quarter of 2013, compared to $1.3 billion at June 30, 2012 and $953.3 million at March 31, 2013.
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