Item 7A. Quantitative and Qualitative Disclosures About Market Risk
ITEM 7A: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT
MARKET RISK
Item 305 of SEC Regulation S-K provides that certain
registrants are required to categorize market risk sensitive instruments into instruments entered
into for trading purposes and instruments entered into for purposes other than trading purposes. Within both the trading and other than
trading portfolios, separate quantitative information shall be presented, to the extent material, for each market risk exposure category
( i.e. , interest rate risk, foreign currency exchange rate risk, commodity price risk, and other relevant market risks, such as
equity price risk). These requirements are not applicable to smaller reporting companies under subsection thereof.
( This space intentionally left blank )
27
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.