33 unchanged sentences
It models basis point parallel shifts in market interest rates over the next one-year period.
−Removed: The following table shows the results of the scenarios as of December 31, 2024 and September 30, 2024:
+Added: The following table shows the results of the scenarios as of March 31, 2025 and September 30, 2024:
Net Sensitive Earnings at Risk
3 unchanged sentences
(Dollars in Thousands) Book Value -200 -100 Base +100 +200
−Removed: Balances as of December 31, 2024
+Added: Balances as of March 31, 2025
Total interest income 6,202,225 385,114 405,845 433,660 462,675 490,364
7 unchanged sentences
Percentage change from base -11.0 % -5.5 % — % 5.2 % 10.2 %
−Removed: The EAR analysis reported at December 31, 2024 , shows that total interest income will change more rapidly than total interest expense over the next year.
+Added: The EAR analysis reported at March 31, 2025 , shows that changes in market interest rates have a larger impact on total interest income than total interest expense.
IRR is a snapshot in time.
5 unchanged sentences
It models immediate basis point parallel shifts in market interest rates.
−Removed: The following table shows the results of the scenario as of December 31, 2024 and September 30, 2024:
+Added: The following table shows the results of the scenario as of March 31, 2025 and September 30, 2024:
Economic Value Sensitivity
2 unchanged sentences
-200 -100 +100 +200
−Removed: Balances as of December 31, 2024
+Added: Balances as of March 31, 2025
Percentage change from base -5.1 % -2.0 % 1.1 % 1.6 %
1 unchanged sentence
Percentage change from base -10.0 % -3.9 % 2.6 % 4.2 %
−Removed: The EVE at risk reported at December 31, 2024 shows that the economic value of equity position is expected to benefit from rising interest rates due to the large amount of noninterest-bearing funding.
+Added: The EVE at risk reported at March 31, 2025 shows that the economic value of equity position is expected to benefit from rising interest rates due to the large amount of noninterest-bearing funding.
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.