17 unchanged sentences
A decrease in EVE due to a specified rate change indicates a decline in the long-term earnings capacity of the balance sheet assuming that the rate change remains in effect over the life of the current balance sheet.
−Removed: The following table sets forth, as of December 31, 2022 and 2021, the estimated impact on our EVE and net interest income of immediate and parallel changes in interest rates at the specified levels.
−Removed: Increase (Decrease) in
−Removed: Estimated Increase
+Added: The following table sets forth the estimated impact on our EVE and net interest income of immediate and parallel changes in interest rates at the specified levels.
+Added: Change in Interest Rates (basis points) Estimated
+Added: Increase (Decrease)
+Added: in EVE Increase (Decrease) in
Estimated Net Interest Income
−Removed: (Decrease) in EVE
−Removed: Change in Interest Rates (basis points)
−Removed: (dollars in thousands)
+Added: Year 1 Year 2
December 31, 2023
+Added: +400 10.7 % 7.5 % 13.0 %
+Added: +300 9.7 5.8 10.3
+Added: +200 7.1 3.4 6.4
+Added: +100 4.2 1.4 3.1
+Added: -100 (6.3) (4.4) (6.1)
+Added: -200 (13.2) (7.1) (11.2)
+Added: -300 (4.5) (9.5) (16.0)
+Added: -400 5.4 (10.2) (17.3)
December 31, 2022
+Added: +400 11.9 % 8.7 % 12.7 %
+Added: +300 11.0 6.9 10.5
+Added: +200 8.7 4.8 7.6
+Added: +100 5.3 2.5 4.2
+Added: -100 (7.9) (4.0) (5.9)
+Added: -200 (19.5) (9.6) (13.6)
+Added: -300 (27.0) (14.7) (20.5)
Certain shortcomings are inherent in the methodology used in the above interest rate risk measurements.
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.