34 unchanged sentences
The Company performs a variety of EVE and twelve-month net interest income sensitivity scenarios.
−Removed: The following table sets forth sensitivity for a specific range of interest rate scenarios as of June 30, 2024 and December 31, 2023.
−Removed: June 30, 2024 December 31, 2023
+Added: The following table sets forth sensitivity for a specific range of interest rate scenarios as of September 30, 2024 and December 31, 2023.
+Added: September 30, 2024 December 31, 2023
Change in Interest Rates in Basis Points Economic Value of Equity Net Interest Income Economic Value of Equity Net Interest Income
7 unchanged sentences
(300) (5.1) (7.3) 6.8 (4.2)
−Removed: The net interest income sensitivity results indicate that at June 30, 2024 the Company was modestly asset sensitive.
−Removed: The change in sensitivity between June 30, 2024 and December 31, 2023 was impacted by a deposit mix shift within non-maturity deposits with lower betas as well as a change in loan prepayments, partially offset by a decrease in floating rate loans, an increase in overnight and short-term borrowings and reduction in short-term time deposits.
−Removed: Overall, the measure of EVE at risk decreased in all rate scenarios from December 31, 2023 to June 30, 2024.
−Removed: This decrease was the result of a deposit mix shift within non-maturity deposits with lower betas and longer average lives, as well as a change in loan prepayments.
+Added: The net interest income sensitivity results indicate that at September 30, 2024 the Company was modestly asset sensitive.
+Added: The change in sensitivity between September 30, 2024 and December 31, 2023 was impacted by an increase in floating-rate securities and term borrowings, a deposit mix shift within non-maturity deposits with lower betas as well as a change in loan prepayments, partially offset by an increase in overnight borrowings and a reduction in short-term time deposits.
+Added: Overall, the measure of EVE at risk decreased in all rate scenarios from December 31, 2023 to September 30, 2024.
+Added: This decrease was the result of an increase in floating-rate securities and term borrowings, a deposit mix shift within non-maturity deposits with lower betas and longer average lives, as well as a change in loan prepayments.
Certain shortcomings are inherent in the methodology used in the EVE and net interest income IRR measurements.
8 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.