18 unchanged sentences
The following reflects the Company’s estimated NII sensitivity as compared to the base case scenario over the subsequent twelve months based on:
−Removed: ● Balance sheet levels using June 30, 2023 as a starting point.
−Removed: ● The model assumes the Company’s average deposit balances will decrease approximately 3.3% over the next twelve months.
+Added: ● Balance sheet levels using September 30, 2023 as a starting point.
+Added: ● The model assumes the Company’s average deposit balances will increase approximately 1.6% over the next twelve months.
● The model assumes the Company’s average earning asset balances will increase approximately 6.6% over the next twelve months, largely due to forecasted loan growth.
9 unchanged sentences
(decrease) in projected net interest
−Removed: income at June 30, 2023
−Removed: income at June 30, 2023
+Added: income at September 30, 2023
+Added: income at September 30, 2023
Interest rate scenario
12 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.