What changed 10-K

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

2022-03-04 compared with 2021-03-05 · 5 added, 4 removed, 85 unchanged (10% of the section changed)

15 unchanged sentences

The Company is exposed to price and interest rate risks in the financial instruments and positions we hold.

This includes investment securities, loans, loans held for sale, mortgage servicing rights, deposits, borrowings, and derivative

financial instruments.

This includes investment securities, loans, loans held for sale, mortgage servicing rights, deposits, borrowings, and derivative financial instruments.

Market risks such as foreign currency exchange risk and commodity price risk do not arise in the normal course of the Company's business.

20 unchanged sentences

Interest bearing deposits in other banks $625,022 $— $— $625,022

Portfolio investments and FHLB Stock 242,121 27,115 — 269,236

Portfolio loans 854,010 526,679 63,976 1,444,665

Investments securities and FHLB Stock 144,270 313,941 — 458,211

Loans 650,478 675,118 88,183 1,413,779

Loans held for sale 73,650 — — 73,650

32 unchanged sentences

Up 50 basis points $4,552 6.36 % $5,730 8.27 %

Up 25 basis points $2,321 3.24 % $2,892 4.18 %

Down 50 basis points NM NM NM NM

9 unchanged sentences

Up 50 basis points $3,222 17.11 % $4,095 34.96 %

Up 25 basis points $1,841 9.77 % $2,260 19.29 %

Down 50 basis points NM NM NM NM

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.