45 unchanged sentences
FHLB Advances 183,051 255,000 — — — 438,051
−Removed: Collateral 34,850 — — — — 34,850
Other borrowings 8,232 — — — — 8,232
12 unchanged sentences
Certain assumptions are made regarding loan prepayments and decay rates of savings and interest-bearing demand deposit accounts.
−Removed: Because it is difficult to
−Removed: accurately project the market reaction of depositors and borrowers, the effect of actual changes in interest rates on these assumptions may differ from simulated results.
+Added: Because it is difficult to accurately project the market reaction of depositors and borrowers, the effect of actual changes in interest rates on these assumptions may differ from simulated results.
We have established the following guidelines for assessing interest rate risk:
29 unchanged sentences
Actual results may differ significantly due to timing, magnitude and frequency of interest rate changes and changes in market conditions.
−Removed: Compared to 2023, the simulations showed decreased interest rate sensitivity in rising rate scenarios which was driven by an increase in floating rate commercial loans.
−Removed: Additionally, decreased interest rate sensitivity was driven by decreased deposit beta assumptions that were revised after most current down rate environment.
+Added: Compared to 2024, the overall sensitivity changes are driven by increases in asset sensitivity driven from growth in floating rate commercial loans.
When assessing our interest rate sensitivity, analysis of historical trends indicates that loans will prepay at various speeds (or annual rates) depending on the variance between the weighted average portfolio rates and the current market rates.
11 unchanged sentences
Moreover, certain shortcomings are inherent in the analysis presented by the foregoing table.
−Removed: For example, although certain assets and liabilities may have similar maturities or periods to re-pricing, they may react in different degrees to changes in market interest rates.
+Added: For example, although certain assets and liabilities may have similar maturities or periods to re-pricing, they may
+Added: react in different degrees to changes in market interest rates.
Also, interest rates on certain types of assets and liabilities may fluctuate in advance of or lag behind changes in market interest rates.
5 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.