Coveted noninterest-bearing demand deposits totaled $12.9 billion, growing 6% from the first quarter, and 7% year-over-year. Average Money market deposit balances were $15.1 billion in the second quarter, growing only slightly from the first quarter but up 14% from a year earlier. Huntington's second-quarter noninterest income totaled $248.7 million, declining from $252.2 million the previous quarter and $253.8 million during the second quarter of 2012. Huntington's second-quarter mortgage banking income declined to $33.7 billion from $45.2 billion the previous quarter and $38.3 billion a year earlier. With rising long-term interest rates, gain-on-sale margins have been declining for mortgage loans. The bank also said "the benefit of net mortgage servicing rights (MSR) decreased by $2.5 million," from a year earlier.