7 unchanged sentences
The Asset/Liability Management Policy sets limits on the acceptable amount of change to net interest income and the economic value of equity in different interest rate environments.
−Removed: From time to time, we enter into interest rate swap contracts to mitigate the changes in the fair value of selected investment securities and specified long-term fixed-rate loans and firm commitments to enter into long-term fixed-rate loans caused by changes in interest rates.
+Added: From time to time, we enter into interest rate swap contracts to mitigate the changes in the fair value of selected investment securities and specified long-term fixed-rate loans and firm commitments to enter into long-term fixed-
+Added: rate loans caused by changes in interest rates.
Refer to Note 9 to the Consolidated Financial Statements in this report.
4 unchanged sentences
Governing policies are subject to review by regulators and are updated to incorporate their observations and adapt to changes in idiosyncratic and systemic risks.
−Removed: As of June 30, 2025, interest rate risk was within policy guidelines established by ALCO and the Board.
+Added: As of September 30, 2025, 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 and a static balance sheet is a series of immediate parallel shifts in the yield curve.
8 unchanged sentences
(2.9) % (7.7) %
+Added: (4.5) % (11.2) %
Interest rate sensitivity is a function of the repricing characteristics of our assets and liabilities.
5 unchanged sentences
The above tables reflect deposit betas of up to 70%, averaging 45%, for rates paid on non-maturity interest-bearing deposits in rising rate scenarios.
−Removed: Deposit betas of up to 60%, averaging 38%, are applied to rates paid on non-maturity interest-bearing deposits in falling rate scenarios with a one month lag assumed.
+Added: Deposit betas of up to 68%, averaging 34%, are applied to rates paid on non-maturity interest-bearing deposits in falling rate scenarios.
However, deposit pricing is actively managed at the relationship level and closely monitored to balance customer needs with the bank's deposit expenses.
5 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.