7 unchanged sentences
We monitor the impact of changes in interest rates on net interest income using several tools.
−Removed: — Management’s Discussion and Analysis of Financial Condition and Results of Operations , Recent Events in the Financial Services Industry.
Our primary objective in managing interest rate risk is to minimize the adverse impact of changes in interest rates on our net interest income and capital while configuring our asset-liability structure to obtain the maximum yield-cost spread on that structure.
17 unchanged sentences
The ALCO, using policies and procedures approved by the Company’s Board, is responsible for the management of the Company’s interest rate sensitivity position.
−Removed: The Company manages interest rate sensitivity by changing the mix, pricing, and re-pricing characteristics of its assets
−Removed: and liabilities, through the management of its investment portfolio, its offerings of loan and selected deposit terms, and through wholesale funding.
+Added: The Company manages interest rate sensitivity by changing the mix, pricing, and re-pricing characteristics of its assets and liabilities, through the management of its investment portfolio, its offerings of loan and selected deposit terms,
+Added: and through wholesale funding.
Wholesale funding consists of, but is not limited to, borrowings with the FHLB, federal funds purchased, and brokered time deposits.
13 unchanged sentences
As of December 31, 2023
−Removed: Change in Interest Rates (in Basis Points) Percentage Change in Net Interest Income Percentage Change in Net Interest Income
+Added: Change in Interest Rates (in Basis Points) Percentage Change in Earnings Percentage Change in Earnings
200 (2.1) % 0.9 %
16 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.