text: liabilities existing at each year-end will remain constant over the relevant twelve month measurement period and 
  that changes in market interest rates are instantaneous and sustained across the yield curve regardless of duration of 
  pricing characteristics of specific assets or liabilities. Also, this analysis does not contemplate any actions that we 
  might undertake in response to changes in market interest rates. In management’s belief, these estimates are not 
  necessarily indicative of what actually could occur in the event of immediate interest rate increases or decreases of 
  this magnitude. Management believes that it is unlikely that such changes would occur in a short time period. As 
  interest-bearing assets and liabilities reprice at different time frames and proportions to market interest rate 
  movements, various assumptions must be made based on historical relationships of these variables in reaching any 
  conclusion. Since these correlations are based on competitive and market conditions, our future results would, in 
  management’s belief, be different from the foregoing estimates, and such differences could be material. 