30 unchanged sentences
Doing so necessitates an assessment of rate changes over varying time horizons and of varying/sufficient degrees such that the impact of embedded options within the balance sheet are sufficiently examined.
−Removed: The following tables demonstrate the annualized result of an interest rate simulation and the estimated effect that a parallel interest rate shift, or “shock,” in the yield curve and subjective adjustments in deposit pricing might have on the Company’s projected net interest income over the next 12 months.
+Added: The following table demonstrates, as of December 31, 2023, the annualized result of an interest rate simulation and the estimated effect that a parallel interest rate shift, or “shock,” in the yield curve and subjective adjustments in deposit pricing might have on the Company’s projected net interest income over the next 12 months.
This simulation assumes that there is no growth in interest-earning assets or interest-bearing liabilities over the next 12 months.
The changes to net interest income shown below are in compliance with the Company’s policy guidelines.
−Removed: As of December 31, 2022:
Change in Interest Rates
2 unchanged sentences
Net Interest Income
−Removed: As of December 31, 2021:
−Removed: Change in Interest Rates
−Removed: Percentage Change in
−Removed: (in Basis Points)
−Removed: Net Interest Income
Economic Value of Equity Analysis.
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.