content_image/132350.jpg content_image/132352.jpg content_image/132354.jpg
## INTEREST SENSITIVITY AND DISCLOSURES ABOUT MARKET RISK continued 

maturity products, e.g., savings, money market, NOW and demand deposits reflect management's best estimate of expected future behavior. 

The comparative rising and falling scenarios for the period ending December 31, 2004 assume further interest rate changes in addition to the base simulation discussed above. These changes are immediate and parallel changes to the base case scenario. In addition, total rate movements (beginning point minus ending point) to each of the various driver rates utilized by management in the base simulation for the period ended December 31, 2004 are as follows: 

<img src='content_image/132350.jpg'>

Results for the base, rising and falling interest rate scenarios are listed below. The net interest income shown represents cumulative net interest income over a 12-month time horizon. Balance sheet assumptions used for the base scenario are the same for the rising and falling simulations. 

<img src='content_image/132352.jpg'>

The comparative rising and falling scenarios for the period ended December 31, 2003 assume further interest rate changes in addition to the base simulation discussed above. These changes are immediate and parallel changes to the base case scenario. In addition, total rate movements (beginning point minus ending point) to each of the various driver rates utilized by management in the base simulation for the period ended December 31, 2003 are as follows: 

<img src='content_image/132354.jpg'>

