You are analyzing the exposure of State Bank$$s income to interest rate risk. Your analysis uses the repricing model with a one$-$year horizon and you collected the balance sheet information below.

RSA $($one$-$year horizon$)=$ $$350$M

List of Liabilities

Checking deposits $=$ $$216$M

One$-$month CDs $=$$$72$M

Three$-$month CDs $=$ $$216$M

Two$-$year time deposits $=$ $$144$M

Six$-$month debt $=$ $$72$M

Additionally, you decided to make the following assumptions:

A $1\mathrm{.}0$ percentage point increase $($decrease$)$ in the market rate leads to a $0\mathrm{.}6$ percentage point increase $($decrease$)$ in the rate paid on new time deposits.

A $1\mathrm{.}0$ percentage point increase $($decrease$)$ in the market rate leads to a $1\mathrm{.}0$ percentage point increase $($decrease$)$ in the rate paid on other rate sensitive liabilities or assets.

Following this approach, what is the effect of a decrease in the market rate by $1\mathrm{.}0$ percentage point on the bank$$s net interest income $($NII$)$ over a one$-$year horizon?