Sunset saving Bank currently has the following interest-sensitive assets and liabilities on its balance sheet with the interest-rate sensitivity weights noted.

| Interest-sensitive assets | $ (millions) | Rate sensitivity index |

|---------------------------------|--------------|------------------------|

| Federal fund loans | 50 | 1 |

| Security holdings | 50 | 1.2 |

| Loans and leases | 350 | 1.45 |

| Interest-sensitive liabilities | $ (millions) | Rate sensitivity index |

| Interest-bearing deposits | 250 | 0.75 |

| Money-market borrowings | 90 | 0.95 |

Suppose the federal funds interest-rate increases by 50bp. How will the bank's net interest income (NII) be affected?