33 unchanged sentences
The changes to net interest income shown below are in compliance with the Company’s policy guidelines.
−Removed: As of June 30, 2024:
+Added: As of September 30, 2024:
Change in Interest Rates
7 unchanged sentences
Net Interest Income
−Removed: The increased sensitivity to changes in interest rates noted at June 30, 2024 was the result of management’s reconsideration of interest rate betas for its loan and deposit products during the second quarter of 2024.
+Added: The increased sensitivity to changes in interest rates noted at September 30, 2024 was the result of management’s reconsideration of interest rate betas for its loan and deposit products during the third quarter of 2024.
Economic Value of Equity Analysis.
1 unchanged sentence
This analysis measures the difference between estimated changes in the present value of the Company’s assets and estimated changes in the present value of the Company’s liabilities assuming various changes in current interest rates.
−Removed: The Company’s economic value of equity analysis as of June 30, 2024 estimated that, in the event of an instantaneous 200 basis point increase in interest rates, the Company would experience a 0.64% increase in the economic value of equity.
+Added: The Company’s economic value of equity analysis as of September 30, 2024 estimated that, in the event of an instantaneous 200 basis point increase in interest rates, the Company would experience a 3.18% increase in the economic value of equity.
At the same date, our analysis estimated that, in the event of an instantaneous 100 basis point decrease in interest rates, the Company would experience a 3.02% decrease in the economic value of equity.
3 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.