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What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2021-05-07 compared with 2020-11-06 · 1 added, 1 removed, 31 unchanged (6% of the section changed)
12 unchanged sentences
If potential changes to net equity value and net interest income resulting from hypothetical interest rate changes are not within the limits established by the Board of Directors, management may adjust the asset and liability mix to bring the risk position within approved limits or take other actions.
−Removed: At September 30, 2020, interest rate risk was within policy guidelines established by ALCO and the Board.
+Added: At March 31, 2021, interest rate risk was within policy guidelines established by ALCO and the Board.
One set of interest rates modeled and evaluated against flat interest rates is a series of immediate parallel shifts in the yield curve.
17 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.