35 unchanged sentences
However, for non-maturity deposits, the fair value differs for EVE as it also considers the likelihood of deposit withdrawals and the current weighted average deposit rate relative to market rates.
−Removed: The Company’s weighted average age of non-maturity deposit accounts is approximately 12.1 years, and the weighted average cost was 2.04%.
+Added: The Company’s weighted average age of non-maturity deposit accounts was approximately 12.4 years, and the weighted average cost was 2.01%.
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, 2025 and December 31, 2024.
−Removed: June 30, 2025 December 31, 2024
+Added: The following table sets forth sensitivity for a specific range of interest rate scenarios as of September 30, 2025 and December 31, 2024.
+Added: September 30, 2025 December 31, 2024
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) (6.7) 0.5 (0.6) (2.6)
−Removed: The net interest income sensitivity results indicate that at June 30, 2025 the Company was modestly liability sensitive to rising rate scenarios and modestly asset sensitive to falling rate scenarios.
−Removed: The change in sensitivity between June 30, 2025 and December 31, 2024 was impacted by an increase in fixed-rate loans, a decrease in floating-rate investments and a deposit mix shift within non-maturity deposits into lower betas, partially offset by an increase in short-term time deposits, and overnight and short-term borrowings.
−Removed: Overall, the measure of EVE at risk decreased in both rising and falling rate scenarios from December 31, 2024 to June 30, 2025.
−Removed: This was the result of an increase in fixed-rate loans, a decrease in floating-rate investments and a deposit mix shift within non-maturity deposits into lower betas and longer average lives as well as a reduction in deposit costs.
+Added: The net interest income sensitivity results indicate that at September 30, 2025 the Company was modestly liability sensitive to rising rate scenarios and modestly asset sensitive to falling rate scenarios.
+Added: The change in sensitivity between September 30, 2025 and December 31, 2024 was impacted by an increase and mix shift into fixed-rate investments, and an increase in overnight borrowings and short-term time deposits, partially offset by an increase and mix shift into floating-rate loans, execution of pay fixed derivative transactions and a deposit mix shift into non-maturity deposits with lower betas.
+Added: Overall, the measure of EVE at risk decreased in both rising and falling rate scenarios from December 31, 2024 to September 30, 2025.
+Added: This was the result of an increase in fixed-rate investments, and an increase in overnight borrowings and short-term time deposits, partially offset by an increase in floating-rate loans, execution of pay fixed derivative transactions and a deposit mix shift within non-maturity deposits into lower betas.
Certain shortcomings are inherent in the methodology used in the EVE and net interest income IRR measurements.
7 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.