6 unchanged sentences
Risk Factors” of Part II of the Company’s Quarterly Report on Form 10-Q for the
−Removed: fiscal quarter ended March 31, 2023.
−Removed: The following information supplements our risk
−Removed: factors previously disclosed in “Item 1A.
−Removed: Risk Factors” of Part I of the Company’s Annual Report on Form 10-K for the
−Removed: year ended December 31, 2022, as supplemented by “Item 1A.
−Removed: Risk Factors” of Part II of the Company’s Quarterly Report
−Removed: on Form 10-Q for the fiscal quarter ended March 31, 2023.
−Removed: We could experience an unexpected inability
−Removed: to obtain needed liquidity which could adversely affect our business, profitability, and viability as a going concern.
−Removed: Liquidity measures the ability to meet current
−Removed: and future cash flow needs as they become due.
−Removed: The liquidity of a financial institution reflects its ability to meet loan requests, to
−Removed: accommodate possible outflows in deposits, and to take advantage of interest rate market opportunities and is essential to a financial
−Removed: institution’s business.
−Removed: The ability of a financial institution to meet its current financial obligations is a function of its balance
−Removed: sheet structure, its ability to liquidate assets, and its access to alternative sources of funds.
−Removed: The bank failures in 2023 exemplify
−Removed: the potential serious results of the unexpected inability of insured depository institutions to obtain needed liquidity to satisfy deposit
−Removed: withdrawal requests, including how quickly such requests can accelerate once uninsured depositors lose confidence in an institution’s
−Removed: ability to satisfy its obligations to depositors.
−Removed: We seek to ensure our funding needs are met by maintaining a level of liquidity through
−Removed: asset and liability management.
−Removed: If we become unable to obtain funds when needed, it could have a material adverse effect on our business,
−Removed: financial condition, and results of operations.
+Added: fiscal quarter ended March 31, 2023 and June 30, 2023.
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.