7 unchanged sentences
These assumptions are modeled under different rate scenarios that include a simultaneous, instant and sustained change in interest rates.
−Removed: During the second quarter of 2023, the Corporation’s interest rate risk exposure model incorporated updated assumptions regarding the level of interest rate, including indeterminable maturity deposits (non-interest bearing deposits, interest bearing transaction accounts and money market accounts).
+Added: During the third quarter of 2023, the Corporation’s interest rate risk exposure model incorporated updated assumptions regarding the level of interest rate, including indeterminable maturity deposits (non-interest bearing deposits, interest bearing transaction accounts and money market accounts).
In the current environment of changing short-term rates, deposit pricing can vary by product and client.
2 unchanged sentences
Impact on Net Interest Income as of
−Removed: Instantaneous Rate Change in Basis Points June 30, 2023
+Added: Instantaneous Rate Change in Basis Points September 30, 2023
Down 300 (1.42) %
9 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.