Operator
We’ll take our next question from John McDonald with Sanford Bernstein. Go ahead please.
John McDonald, Sanford Bernstein
Hi Bruce, just wanted to follow-up on the NII, on the core side of NIIX ex the FAS 91 your core NII held up well despite what you had indicated in October about kind of being conservative with the buy ticket. I guess how did you kind of hold the core end on NII and how are you navigating that now and what feels like a even more difficult environment for kind of reinvesting cash flows today with the tenure where it is?
Bruce Thompson, Chief Financial Officer
Sure, that’s a good question John, there are a couple of things. The first is, if you look at the quarter I think we did a good job with respect to the overall debt footprint which was down $7 billion which helped us out a little bit. Secondly, if you look at we were able to get another basis point out on the deposit front and throughout the quarter we saw some loan growth that was a little bit better than what we would have seen when we spoke to you during the quarter. The other thing that we did see during the quarter is we were able to invest and get some of the investments in the portfolio and I believe it was a mid-November when rates did back up and as we go forward we do have liquidity to invest in the second and third months of the quarter and we’ll be prudent with how we invest it relative to OCI risk. The other thing I would say just before we leave this John that I should have referenced with Betsy’s point is that, it’s easy to focus on the FAS 91 because we’re resetting the amortization of premium. And the other thing you need to realize is that we did see in the quarter is with the rate movement up while you do have a negative on FAS 91 you’ve got a significant positive from a capital perspective where OCI in the quarter from the rate movement was north of $3 billion.
John McDonald, Sanford Bernstein
Gotcha. Gotcha. So on the core piece, Bruce, do you expect to be more challenging to kind of hold in to that 10-4 with the tenure where it is, does it make it more difficult and how should we think about the rest of the 10-4 if rates stay low?
Bruce Thompson, Chief Financial Officer
Well I think as I said in my comments the 10-4 you really need to start out at about 10-2 because you’ve got two less days during the quarter. And I’d say that there is a little bit of headwind to hold that on a core basis and we’re obviously doing everything we can to keep it as close to 10-2 as we can, realizing that we’re not going to take outsized OCI risk.
John McDonald, Sanford Bernstein
Okay. And then shipping gears on expenses you got the LAS target a quarter at a time. Do you have a year-end target? I think you said you expect to continue to reduce the LAS to 1.1. Could you just clarify that?
Bruce Thompson, Chief Financial Officer
Yeah, I think as we look out and we look at the plans and actions along with the progress that we’ve made on the 60 plus day delinquents. I would think, broadly speaking — as you know this number can bounce around a little bit — but we’d look to have the LAS expenses down to the $800 million type area by the end of the year and we’re obviously working through plans as we look out to 2016 to continue to drive that number south of 800 million as we go forward.
John McDonald, Sanford Bernstein
Okay. And how should we think about kind of core rest of Bank of America expenses where you came in nicely at the 12-7 for the fourth quarter obviously you mentioned the stock option expense stuff in the first quarter, but as we think about 2015 what are you hoping to do on the core expense space?
