6 unchanged sentences
We also have the ability to sell a portion of the long-term, fixed-rate mortgage loans that we originate.
−Removed: In addition, we purchase shorter term or adjustable-rate investment securities and mortgage-backed securities.
+Added: In addition, we purchase shorter term investment securities and mortgage-backed securities.
We have an ALCO Committee consisting of members of management which meets monthly to review market interest rates, economic conditions, the pricing of interest-earning assets and interest-bearing liabilities, cash flow projections, and the balance sheet structure.
−Removed: On a quarterly basis, this Committee also reviews the interest rate risk position, liquidity stress scenarios, and capital stress scenarios.
+Added: On a quarterly basis, this Committee also reviews the interest rate risk position and liquidity stress scenarios;
+Added: while annually the Committee reviews and capital stress scenarios.
The Board of Directors has a Risk Management Committee which meets quarterly and reviews interest rate risk and trends, our interest sensitivity position, the liquidity position and the market risk inherent in the investment portfolio.
11 unchanged sentences
The following table illustrates the simulated impact of a 100 bps, 200 bps or 300 bps upward or a 100 bps, 200 bps or 300 bps downward movement in interest rates on net income, return on average equity, earnings per share and market value of equity.
−Removed: This analysis was prepared assuming that interest-earning asset and interest-bearing liability levels at September 30, 2025 remain constant.
−Removed: The impact of the rate movements was computed by simulating the effect of an immediate and sustained shift in interest rates over a twelve-month period from September 30, 2025 levels.
+Added: This analysis was prepared assuming that interest-earning asset and interest-bearing liability levels at March 31, 2026 remain constant.
+Added: The impact of the rate movements was computed by simulating the effect of an immediate and sustained shift in interest rates over a twelve-month period from March 31, 2026 levels.
Increase Decrease
8 unchanged sentences
Actual results may differ significantly due to timing, magnitude and frequency of interest rate changes and changes in market conditions, and actions that may be taken by management in response to interest rate changes.
−Removed: Tab l e of Content s
+Added: Compared to 2025, changes in interest rate sensitivity were driven by both decreases to deposit beta assumptions and changes in asset mix.
+Added: Table of Content s
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.