19 unchanged sentences
In order to manage our assets and liabilities and achieve desired levels of liquidity, credit quality, cash flow, interest rate risk, profitability and capital targets, we have focused our strategies on:
−Removed: • originating shorter-term secured commercial, agriculture and consumer loan maturities, which could include balloon mortgage loans;
−Removed: • originating variable rate commercial and agriculture loans and adjustable-rate commercial and agriculture loans;
+Added: • originating shorter-term secured commercial, agricultural and consumer loan maturities;
+Added: • originating variable rate commercial and agricultural loans;
• the sale of a vast majority of longer-term fixed-rate residential loans in the secondary market with retained servicing;
−Removed: • managing our funding needs by utilizing core deposits, brokered certificates of deposits and borrowings as appropriate, with borrowing used to extend terms and lock in fixed interest rates;
−Removed: • reducing non-interest expense and managing our efficiency ratio by implementing technologies to enhance customer service and increase employee productivity;
−Removed: • realigning supervision and control of our branch network by modifying their configuration, staffing, locations and reporting structure to focus resources on our most productive markets.
+Added: • managing our funding needs by growing core deposits;
+Added: • utilizing brokered certificate of deposits and borrowings as appropriate, which may have fixed rates with varying maturities;
+Added: • purchasing investment securities to modify our interest rate risk profile
At times, depending on the level of general interest rates, the relationship between long- and short-term interest rates, market conditions and competitive factors, the ALCO may determine to increase the Bank’s interest rate risk position somewhat in order to maintain or improve its net interest margin.
27 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.