69 unchanged sentences
In response to the Coronavirus Disease 2019 ("COVID-19"), during the year ended December 31, 2021, the Company provided $58.34 million of Paycheck Protection Program (PPP) loans which are included with commercial and financial loans in the financial statements.
+Added: As of December 31, 2021, the Company had outstanding PPP loan balances of $5.34 million.
See further discussion in Item 1A and Item 7.
53 unchanged sentences
Seegmiller was the Senior Vice President of Lending.
−Removed: DeMaris 51 Ms.
−Removed: DeMaris held the position of Secretary, Treasurer and Principal Financial Officer from 2012 until September 2020.
−Removed: The Company has commenced a search for a chief financial officer and will make a subsequent announcement regarding such appointment upon completion.
+Added: Schueller 44 Mr.
+Added: Schueller has held the position of Treasurer and Principal Financial Officer since March 2021.
+Added: Asher has held the position of Senior Vice President, Director of Operations since June 2021.
+Added: Becky DeWaard 61 Ms.
+Added: DeWaard has held the position of Senior Vice President, Director of Human Resources since March 2021.
Finer has held the position of Senior Vice President, Director of Mortgage Lending since 2005.
−Removed: Frieden 50 Ms.
−Removed: Frieden has held the position of Senior Vice President, Director of Human Resources since 2005.
Globokar 48 Mr.
7 unchanged sentences
Ropp has held the position of Senior Vice President, Director of Commercial Banking since 2008.
−Removed: Sheehan 50 Mr.
−Removed: Sheehan has held the position of Senior Vice President, Director of Risk Management since 2019.
Shileny 45 Ms.
−Removed: Shileny has held the position of Senior Vice President, Director of Administration since 2019.
+Added: Shileny has held the position of Chief Operating Officer since December 2021.
+Added: Previously, Ms.
+Added: Shileny held the position of Senior Vice President, Director of Administration since 2019.
Slaubaugh 44 Ms.
Slaubaugh has held the position of Senior Vice President, Director of Retail Banking since 2016.
−Removed: Zuber held the position of Senior Vice President, Director of Trust Services from 1987 until June 2020 and was succeeded by Mr.
Johnson County
78 unchanged sentences
Under the BASEL III rules, the minimum capital ratios are 4% for Tier 1 Leverage Capital Ratio, 4.5% for the Common Equity Tier 1 Capital Ratio, 6% for the Tier 1 Risk-Based Capital Ratio and 8% for the Total Risk-Based Capital Ratio.
−Removed: As of March 31, 2020, the Bank elected to use the Community Bank Leverage Ratio (CBLR) framework as provided for in the Economic Growth, Regulatory Relief and Consumer Protection Act.
+Added: The Bank elected to use the Community Bank Leverage Ratio (CBLR) framework as provided for in the Economic Growth, Regulatory Relief and Consumer Protection Act.
Under the CBLR framework, the Bank is required to maintain a CBLR of greater than 9%.
28 unchanged sentences
In certain instances, the Superintendent may mandate higher capital, but the Superintendent has not imposed such a requirement on the Bank.
−Removed: In determining the Tier 1 risk-based leverage ratio, the Superintendent uses total equity capital without unrealized securities gains and the allowance for loan losses less any intangible assets.
+Added: In determining the Tier 1 risk-based leverage ratio, the Superintendent uses total equity capital without unrealized securities gains and the allowance for credit losses less any intangible assets.
At December 31, 2021, the Community Bank Leverage Ratio of the Bank was 11.80% and exceeded the ratio required by the Superintendent.
81 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.