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What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2021-08-06 compared with 2021-05-07 · 2 added, 2 removed, 71 unchanged (5% of the section changed)
18 unchanged sentences
Management employs various methodologies to manage interest rate risk including an analysis of relationships between interest earning assets and interest bearing liabilities and interest rate simulations using a model.
−Removed: The Asset Liability and Investment Committee of our board of directors meets quarterly to review the Bank’s interest rate risk profile, liquidity position, including contingent liquidity, and investment portfolio.
+Added: The Asset Liability and Investment Committee of our board of directors meets regularly to review the Bank’s interest rate risk profile, liquidity position, including contingent liquidity, and investment portfolio.
We use interest rate risk simulation models to test interest rate sensitivity of net interest income and fair value of equity, and the impact of changes in interest rates on other financial metrics.
17 unchanged sentences
Twelve Month Projection
−Removed: March 31, 2021
+Added: June 30, 2021
Twelve Month Projection
32 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.