1 unchanged sentence
The Company’s interest rate sensitivity is monitored through the use of interest rate risk (“IRR”) modeling.
−Removed: The following table sets forth the amounts of interest-earning assets and interest-bearing liabilities outstanding at June 30, 2021, which were anticipated by the Company, based upon certain assumptions, to reprice or mature in each of the future time periods shown.
−Removed: At June 30, 2021, the Company’s one-year gap was positive 21.47% as compared to positive 18.05% at December 31, 2020.
−Removed: At June 30, 2021 3 Months
+Added: The following table sets forth the amounts of interest-earning assets and interest-bearing liabilities outstanding at September 30, 2021, which were anticipated by the Company, based upon certain assumptions, to reprice or mature in each of the future time periods shown.
+Added: At September 30, 2021, the Company’s one-year gap was positive 22.35% as compared to positive 18.05% at December 31, 2020.
+Added: At September 30, 2021 3 Months
or Less More than
26 unchanged sentences
(3) Interest sensitivity gap represents the difference between interest-earning assets and interest-bearing liabilities.
−Removed: Additionally, the table below sets forth the Company’s exposure to IRR as measured by the change in economic value of equity (“EVE”) and net interest income under varying rate shocks as of June 30, 2021 and December 31, 2020.
+Added: Additionally, the table below sets forth the Company’s exposure to IRR as measured by the change in economic value of equity (“EVE”) and net interest income under varying rate shocks as of September 30, 2021 and December 31, 2020.
All methods used to measure interest rate sensitivity involve the use of assumptions, which may tend to oversimplify the manner in which actual yields and costs respond to changes in market interest rates.
The Company’s interest rate sensitivity should be reviewed in conjunction with the financial statements and notes thereto contained in the 2020 Form 10-K.
−Removed: June 30, 2021 December 31, 2020
+Added: September 30, 2021 December 31, 2020
Change in Interest Rates in Basis Points (Rate Shock) Economic Value of Equity Net Interest Income Economic Value of Equity Net Interest Income
6 unchanged sentences
(100) 1,160,332 (18.3) 9.6 268,236 (9.2) 1,074,346 (21.3) 9.2 284,763 (2.7)
−Removed: The interest rate sensitivity at June 30, 2021 and December 31, 2020, continue to be impacted by the cash liquidity position that remains elevated.
+Added: The interest rate sensitivity at September 30, 2021 and December 31, 2020, continue to be impacted by the cash liquidity position that remains elevated.
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.