1 unchanged sentence
Market risk is the potential economic loss resulting from changes in market prices and interest rates.
−Removed: This risk can either result in diminished current fair values of financial instruments or reduced net interest income in future periods.
−Removed: See the sections entitled “Risk Management” and “Results of Operations” within Item 2.
−Removed: Management’s Discussion and Analysis of Financial Condition of this Quarterly Report for discussion of changes, which are incorporated herein by reference.
+Added: This risk can either result in diminished current fair values of financial instruments or reduced NII in future periods.
+Added: As of March 31, 2022, BancShares’ market risk profile has changed since December 31, 2021, primarily due to the CIT Merger.
+Added: See Risk Management within Item 2.
+Added: Management’s Discussion and Analysis of Financial Condition and Results of Operations for discussion of changes.
Changes in fair value that result from movement in market rates cannot be predicted with any degree of certainty.
1 unchanged sentence
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.