Wesbanco

Live  

WesBanco is a regional bank holding company headquartered in Wheeling, West Virginia. It was founded in 1870 and has evolved over the years to become one of the largest and most well-established banks in the region. The company operates more than 200 branch locations and offers a wide range of financial services including personal and business banking, wealth management, insurance, and investment services. WesBanco prides itself on its strong customer relationships and commitment to community involvement.

V2VzQmFuY2 8gaXMgYSBj b21wYW55IH RoYXQgd29y a3MgYSBsb3 QgbGlrZSBh IGJpZyBwaW dneSBiYW5r IGZvciBwZW 9wbGUgYW5k IGJ1c2luZX NzZXMuIEl0 IGlzIGEgYm FuaywgYW5k IGJhbmtzIG hlbHAgcGVv cGxlIGtlZX AgdGhlaXIg bW9uZXkgc2 FmZSwgc2F2 ZSBtb25leS wgYW5kIGJv cnJvdyBtb2 5leSB3aGVu IHRoZXkgbm VlZCBpdC4g PGJyPldlc0 JhbmNvIG1h a2VzIG1vbm V5IGluIGEg ZmV3IGRpZm ZlcmVudCB3 YXlzLiBGaX JzdCwgd2hl biBwZW9wbG UgcHV0IHRo ZWlyIG1vbm V5IGluIHRo ZSBiYW5rLC B0aGUgYmFu ayBwYXlzIH RoZW0gYSBs aXR0bGUgZX h0cmEsIGNh bGxlZCBpbn RlcmVzdC4g QnV0IHdoZW 4gc29tZW9u ZSB3YW50cy B0byBib3Jy b3cgbW9uZX ksIGxpa2Ug Zm9yIGJ1eW luZyBhIGhv dXNlIG9yIG EgY2FyLCB0 aGUgYmFuay BjaGFyZ2Vz IHRoZW0gYS BiaXQgbW9y ZSBpbnRlcm VzdCB0aGFu IHdoYXQgdG hleSBwYXkg dG8gdGhlIH Blb3BsZSB3 aG8gc2F2ZW QgbW9uZXkg aW4gdGhlIG JhbmsuIFRo aXMgZGlmZm VyZW5jZSBp cyBvbmUgd2 F5IFdlc0Jh bmNvIGVhcm 5zIG1vbmV5 Ljxicj5Bbm 90aGVyIHdh eSB0aGV5IG 1ha2UgbW9u ZXkgaXMgYn kgY2hhcmdp bmcgZmVlcy Bmb3IgZGlm ZmVyZW50IH NlcnZpY2Vz LCBsaWtlIH doZW4gcGVv cGxlIHdhbn QgdG8gdXNl IGNoZWNrcy BvciB3aGVu IGJ1c2luZX NzZXMgbmVl ZCBoZWxwIG 1hbmFnaW5n IHRoZWlyIG FjY291bnRz LiA8YnI+V2 VzQmFuY28g aGFzIGJlZW 4gc3VjY2Vz c2Z1bCBmb3 IgYSBmZXcg cmVhc29ucy 4gRmlyc3Qs IHRoZXkgd2 9yayB0byBi dWlsZCB0cn VzdCB3aXRo IHRoZWlyIG N1c3RvbWVy cyBieSBwcm 92aWRpbmcg Z29vZCBzZX J2aWNlIGFu ZCBiZWluZy ByZXNwb25z aWJsZSB3aX RoIG1vbmV5 LiBUaGV5IG Fsc28gb2Zm ZXIgYSB2YX JpZXR5IG9m IGZpbmFuY2 lhbCBwcm9k dWN0cyB0aG F0IGhlbHAg cGVvcGxlIG 1hbmFnZSB0 aGVpciBtb2 5leSBiZXR0 ZXIuIDxicj 5JbiB0aGUg ZnV0dXJlLC BXZXNCYW5j byBpcyBsaW tlbHkgdG8g a2VlcCBkb2 luZyB3ZWxs IGJlY2F1c2 UgdGhleSBh cmUgdmVyeS Bnb29kIGF0 IHVzaW5nIH RlY2hub2xv Z3kgdG8gbW FrZSBiYW5r aW5nIGVhc2 llciBmb3Ig cGVvcGxlLi BNb3JlIGFu ZCBtb3JlIH Blb3BsZSBh cmUgdXNpbm cgdGhlaXIg cGhvbmVzIG ZvciBiYW5r aW5nLCBhbm QgV2VzQmFu Y28gaXMgYW RhcHRpbmcg dG8gdGhvc2 UgY2hhbmdl cy4gQWxzby wgYXMgdGhl IHdvcmxkIG NvbnRpbnVl cyB0byBncm 93IGFuZCBj aGFuZ2UsIH Blb3BsZSBh bmQgYnVzaW 5lc3NlcyB3 aWxsIGFsd2 F5cyBuZWVk IGJhbmtzIH RvIGhlbHAg dGhlbSB3aX RoIHRoZWly IG1vbmV5Li BTbywgV2Vz QmFuY28gaG FzIGEgZ29v ZCBjaGFuY2 Ugb2Ygc3Rh eWluZyBzdW NjZXNzZnVs IGZvciBhIG xvbmcgdGlt ZSE8YnI+

MS4gTG9uZy BoaXN0b3J5 OiBXZXNiYW 5jbyBoYXMg YmVlbiBpbi BvcGVyYXRp b24gc2luY2 UgMTg3MCwg bWFraW5nIG l0IG9uZSBv ZiB0aGUgb2 xkZXN0IGFu ZCBtb3N0IG VzdGFibGlz aGVkIGJhbm tzIGluIHRo ZSBVbml0ZW QgU3RhdGVz Ljxicj4yLi BTdHJvbmcg ZmluYW5jaW FsIHN0YWJp bGl0eTogV2 l0aCBvdmVy ICQxNyBiaW xsaW9uIGlu IGFzc2V0cy BhbmQgYSBj b25zaXN0ZW 50bHkgc3Ry b25nIGZpbm FuY2lhbCBw ZXJmb3JtYW 5jZSwgV2Vz YmFuY28gaX MgY29uc2lk ZXJlZCBhIG ZpbmFuY2lh bGx5IHN0YW JsZSBhbmQg c2VjdXJlIG luc3RpdHV0 aW9uLjxicj 4zLiBDb21t dW5pdHkgaW 52b2x2ZW1l bnQ6IFdlc2 JhbmNvIGhh cyBhIHN0cm 9uZyBmb2N1 cyBvbiBjb2 1tdW5pdHkg aW52b2x2ZW 1lbnQgYW5k IGdpdmluZy BiYWNrIHRv IHRoZSBjb2 1tdW5pdGll cyB3aGVyZS BpdCBvcGVy YXRlcy4gVG hlIGNvbXBh bnkgcmVndW xhcmx5IHN1 cHBvcnRzIG xvY2FsIGNo YXJpdGllcy BhbmQgdm9s dW50ZWVyIG luaXRpYXRp dmVzLjxicj 40LiBDdXN0 b21lci1jZW 50cmljIGFw cHJvYWNoOi BXZXNiYW5j byBwcmlkZX MgaXRzZWxm IG9uIGl0cy BjdXN0b21l ciBzZXJ2aW NlLCBhaW1p bmcgdG8gYn VpbGQgbG9u Zy10ZXJtIH JlbGF0aW9u c2hpcHMgd2 l0aCBpdHMg Y2xpZW50cy BhbmQgcHJv dmlkZSBwZX Jzb25hbGl6 ZWQgYmFua2 luZyBzb2x1 dGlvbnMgdG 8gbWVldCB0 aGVpciBuZW Vkcy48YnI+ NS4gRGl2ZX JzZSByYW5n ZSBvZiBzZX J2aWNlczog SW4gYWRkaX Rpb24gdG8g dHJhZGl0aW 9uYWwgYmFu a2luZyBzZX J2aWNlcywg V2VzYmFuY2 8gb2ZmZXJz IGEgd2lkZS ByYW5nZSBv ZiBmaW5hbm NpYWwgcHJv ZHVjdHMgYW 5kIHNlcnZp Y2VzIGluY2 x1ZGluZyB3 ZWFsdGggbW FuYWdlbWVu dCwgaW5zdX JhbmNlLCBh bmQgaW52ZX N0bWVudCBh ZHZpc29yeS BzZXJ2aWNl cy48YnI+Ni 4gVGVjaG5v bG9neS1kcm l2ZW46IFdl c2JhbmNvIG lzIGNvbW1p dHRlZCB0by BsZXZlcmFn aW5nIHRlY2 hub2xvZ3kg dG8gZW5oYW 5jZSBpdHMg Y3VzdG9tZX JzJyBiYW5r aW5nIGV4cG VyaWVuY2Uu IFRoZSBjb2 1wYW55IG9m ZmVycyBvbm xpbmUgYW5k IG1vYmlsZS BiYW5raW5n IHNlcnZpY2 VzLCBtYWtp bmcgaXQgY2 9udmVuaWVu dCBmb3IgY3 VzdG9tZXJz IHRvIG1hbm FnZSB0aGVp ciBmaW5hbm Nlcy48YnI+ Ny4gRW1wbG 95ZWUgc2F0 aXNmYWN0aW 9uOiBXZXNi YW5jbyBoYX MgYmVlbiBy ZWNvZ25pem VkIGZvciBp dHMgd29ya3 BsYWNlIGN1 bHR1cmUgYW 5kIGVtcGxv eWVlIHNhdG lzZmFjdGlv biwgZWFybm luZyBhd2Fy ZHMgc3VjaC BhcyDigJxC ZXN0IEJhbm sgdG8gV29y ayBGb3LigJ 0gZnJvbSBB bWVyaWNhbi BCYW5rZXIg bWFnYXppbm UuPGJyPjgu IEV4cGFuc2 lvbjogRGVz cGl0ZSBpdH MgbG9uZyBo aXN0b3J5LC BXZXNiYW5j byBjb250aW 51ZXMgdG8g ZXhwYW5kIG l0cyBwcmVz ZW5jZSB0aH JvdWdoIHN0 cmF0ZWdpYy BhY3F1aXNp dGlvbnMgYW 5kIG9wZW5p bmcgbmV3IG JyYW5jaGVz LCBwcm92aW RpbmcgbW9y ZSBjdXN0b2 1lcnMgd2l0 aCBhY2Nlc3 MgdG8gaXRz IHNlcnZpY2 VzLjxicj45 LiBTdHJvbm cgbGVhZGVy c2hpcDogV2 l0aCBhIHRl YW0gb2YgZX hwZXJpZW5j ZWQgYW5kIG tub3dsZWRn ZWFibGUgbG VhZGVycywg V2VzYmFuY2 8gaGFzIGJ1 aWx0IGEgc3 Ryb25nIHJl cHV0YXRpb2 4gaW4gdGhl IGJhbmtpbm cgaW5kdXN0 cnkuPGJyPj EwLiBDb21t aXRtZW50IH RvIGV0aGlj YWwgcHJhY3 RpY2VzOiBX ZXNiYW5jby BoYXMgYSBz dHJvbmcgY2 9tbWl0bWVu dCB0byBldG hpY2FsIGJ1 c2luZXNzIH ByYWN0aWNl cywgYW5kIH RoZSBjb21w YW55J3MgbG VhZGVyc2hp cCBlbXBoYX NpemVzIGhv bmVzdHksIG ludGVncml0 eSwgYW5kIH RyYW5zcGFy ZW5jeSBpbi BhbGwgaXRz IG9wZXJhdG lvbnMu

V2VzQmFuY2 8gaXMgYSBk aXZlcnNpZm llZCBmaW5h bmNpYWwgc2 VydmljZXMg Y29tcGFueS B3aXRoIGEg Y29tbXVuaX R5IGZvY3Vz LiBUaGVpci BidXNpbmVz cyBtb2RlbC BpcyBjZW50 ZXJlZCBhcm 91bmQgcHJv dmlkaW5nIG Egd2lkZSBy YW5nZSBvZi BmaW5hbmNp YWwgcHJvZH VjdHMgYW5k IHNlcnZpY2 VzIHRvIGN1 c3RvbWVycy BpbiB0aGUg Y29tbXVuaX RpZXMgdGhl eSBzZXJ2ZS 4gVGhpcyBp bmNsdWRlcy BwZXJzb25h bCBhbmQgY2 9tbWVyY2lh bCBiYW5raW 5nIHByb2R1 Y3RzLCBzdW NoIGFzIGNo ZWNraW5nIG FuZCBzYXZp bmdzIGFjY2 91bnRzLCBs b2FucywgbW 9ydGdhZ2Vz LCBhbmQgaW 52ZXN0bWVu dCBzZXJ2aW Nlcy4gVGhl eSBhbHNvIG 9mZmVyIGlu c3VyYW5jZS BhbmQgd2Vh bHRoIG1hbm FnZW1lbnQg c2VydmljZX MgdGhyb3Vn aCB0aGVpci BzdWJzaWRp YXJ5IGNvbX Bhbmllcy4g V2VzQmFuY2 8ncyBidXNp bmVzcyBtb2 RlbCBpcyBm b2N1c2VkIG 9uIGJ1aWxk aW5nIGxvbm ctdGVybSBy ZWxhdGlvbn NoaXBzIHdp dGggY3VzdG 9tZXJzIGFu ZCBwcm92aW RpbmcgcGVy c29uYWxpem VkIHNvbHV0 aW9ucyB0by BtZWV0IHRo ZWlyIGZpbm FuY2lhbCBu ZWVkcy4gQW RkaXRpb25h bGx5LCB0aG V5IGFpbSB0 byBjb250cm lidXRlIHRv IHRoZSBlY2 9ub21pYyBn cm93dGggYW 5kIGRldmVs b3BtZW50IG 9mIHRoZSBj b21tdW5pdG llcyB0aGV5 IG9wZXJhdG UgaW4gYnkg c3VwcG9ydG luZyBsb2Nh bCBidXNpbm Vzc2VzIGFu ZCBvcmdhbm l6YXRpb25z Lg==

AI can indeed pose a material threat to WesBanco’s products, services, and competitive positioning through several mechanisms.
1. Substitution: AI technologies could lead to the development of alternative financial services that may substitute traditional banking products. For instance, robo-advisors and automated investment platforms could provide consumers with similar or superior financial services without involving traditional banks. If these alternatives gain popularity, they could reduce the demand for WesBanco’s products.
2. Disintermediation: AI can facilitate direct interactions between consumers and financial services, reducing the need for traditional banks as intermediaries. For example, blockchaibased solutions and peer-to-peer lending platforms can enable borrowers to connect directly with investors, thereby bypassing banks like WesBanco. This could impact the volume of loans and financial services that WesBanco can provide.
3. Margin Pressure: Competitive pressure may arise as AI enables lower-cost banking solutions and improves operational efficiency in the industry. Banks adopting AI can streamline processes, reduce overhead costs, and offer more competitive pricing on services. If WesBanco is unable to effectively leverage AI to reduce its own costs or enhance customer offerings, it may face margin pressure as consumers seek cheaper alternatives.
In summary, while AI provides opportunities for enhancement and innovation, it also poses risks that WesBanco must proactively address to maintain its competitive positioning and relevance in the evolving financial landscape.

WesBanco, like many financial institutions, can see its earnings, cash flow, and overall valuation influenced by changes in interest rates. Here are some key points regarding the sensitivity of each:
1. Earnings Sensitivity: The earnings of WesBanco are significantly affected by interest rate changes due to their business model, primarily involving lending and deposit-taking. When interest rates rise, the spread between the interest earned on loans and the interest paid on deposits typically increases, potentially resulting in higher net interest income. Conversely, in a declining interest rate environment, this spread can narrow, adversely affecting earnings. Additionally, higher interest rates may dampen loan demand, which could lead to lower growth in loan volumes.
2. Cash Flow Sensitivity: Cash flow from operations is also sensitive to interest rate fluctuations. Higher rates can lead to lower prepayment speeds on loans, maintaining a more stable cash flow from interest payments. However, if a significant slowdown in borrowing occurs due to high rates, cash flow could be negatively impacted. Moreover, higher rates may lead to an increase in funding costs, further squeezing cash flows.
3. Valuation Sensitivity: The valuation of WesBanco, generally assessed through discounted cash flow models or comparative valuation metrics, is influenced by interest rates as well. A rise in rates typically means higher discount rates used in the valuation models, which could decrease the present value of future cash flows and lead to a lower valuation. Additionally, investor sentiment towards financial stocks can shift with changing interest rates, influencing stock performance and overall market perceptions.
In summary, WesBanco’s financial performance and valuation are closely tied to interest rates. Rising rates can enhance earnings through expanded net interest margins but may lead to reduced loan demand and potential valuation challenges. Conversely, lower rates can compress margins, impacting earnings and cash flows negatively while potentially boosting valuation through increased borrowing activity.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gb3 ZlciB0aGUg bmV4dCAz4o CTNSB5ZWFy cyB0aGF0IG NvdWxkIHBl cm1hbmVudG x5IGltcGFp ciBXZXNCYW 5jb+KAmXMg ZWNvbm9taW NzIGlzIGEg c2lnbmlmaW NhbnQgYW5k IHByb2xvbm dlZCBlY29u b21pYyBkb3 dudHVybiBj b3VwbGVkIH dpdGggYSBz aGFycCBpbm NyZWFzZSBp biByZWd1bG F0b3J5IHNj cnV0aW55IH dpdGhpbiB0 aGUgYmFua2 luZyBzZWN0 b3IuIDxicj 5JbiBzdWNo IGEgc2Nlbm FyaW8sIGlm IGEgcmVjZX NzaW9uIG9j Y3VycyBhbm QgbGVhZHMg dG8gYSBoaW doIHVuZW1w bG95bWVudC ByYXRlLCBt YW55IGluZG l2aWR1YWxz IGFuZCBidX NpbmVzc2Vz IGluIFdlc0 JhbmNv4oCZ cyBsZW5kaW 5nIHBvcnRm b2xpbyBjb3 VsZCBmYWNl IGZpbmFuY2 lhbCBkaWZm aWN1bHRpZX MuIFRoaXMg d291bGQgcm VzdWx0IGlu IGluY3JlYX NlZCBsb2Fu IGRlZmF1bH RzLCBwYXJ0 aWN1bGFybH kgb24gY29u c3VtZXIgbG 9hbnMgYW5k IHNtYWxsIG J1c2luZXNz IGxvYW5zLC BsZWFkaW5n IHRvIGhpZ2 hlciBwcm92 aXNpb25zIG ZvciBjcmVk aXQgbG9zc2 VzLiBDb25z ZXF1ZW50bH ksIHRoZSBj b21wYW554o CZcyBtYXJn aW5zIHdvdW xkIHN0YXJ0 IHRvIHNocm luayBhcyBu ZXQgaW50ZX Jlc3QgaW5j b21lIGRlY2 xpbmVzLCBp bXBhY3RlZC BieSBsb3dl ciBsb2FuIH ZvbHVtZXMg YW5kIHBvc3 NpYmx5IGxv d2VyIGludG VyZXN0IHJh dGVzIGVuZm 9yY2VkIGJ5 IG1vbmV0YX J5IHBvbGlj eSBhaW1lZC BhdCBzdGlt dWxhdGluZy B0aGUgZWNv bm9teS48Yn I+RnVydGhl cm1vcmUsIH RoZSBjYXNo IGZsb3cgZm 9yIFdlc0Jh bmNvIHdvdW xkIGJlIG5l Z2F0aXZlbH kgYWZmZWN0 ZWQgYXMgY3 VzdG9tZXJz IGRlZmF1bH Qgb24gdGhl aXIgbG9hbn MsIGFuZCB0 aGUgY29tcG FueSB3b3Vs ZCBsaWtlbH kgaGF2ZSB0 byBhbGxvY2 F0ZSBtb3Jl IGNhc2ggdG 8gY292ZXIg dGhlc2UgbG 9zc2VzLiBJ bnZlc3RtZW 50IGFjdGl2 aXRpZXMsIH N1Y2ggYXMg ZXhwYW5kaW 5nIGJyYW5j aGVzIG9yIG VuaGFuY2lu ZyB0ZWNobm 9sb2d5IHN5 c3RlbXMsIG 1pZ2h0IGFs c28gYmUgY3 VydGFpbGVk IGR1ZSB0by ByZWR1Y2Vk IGNhc2ggYX ZhaWxhYmls aXR5IGFuZC BkaW1pbmlz aGVkIHByb2 ZpdGFiaWxp dHkuPGJyPk 9uIHRoZSBi YWxhbmNlIH NoZWV0LCB0 aGUgaW1wYW N0IG9mIGlu Y3JlYXNlZC Bsb2FuIGxv c3NlcyB3b3 VsZCBiZSB2 aXNpYmxlIG FzIGhpZ2hl ciBub3Blcm Zvcm1pbmcg YXNzZXRzIG FuZCBhIHJl ZHVjdGlvbi BpbiB0b3Rh bCBhc3NldH MgYXMgdGhl IGNvbXBhbn kgd3JpdGVz IG9mZiBiYW QgZGVidHMu IEVxdWl0eS Bjb3VsZCBi ZSBhZHZlcn NlbHkgYWZm ZWN0ZWQgYX MgcmV0YWlu ZWQgZWFybm luZ3MgZHdp bmRsZSwgbG VhZGluZyB0 byBhIGRldG VyaW9yYXRp b24gaW4gY2 FwaXRhbCBy YXRpb3MuIF JlZ3VsYXRv cnkgcHJlc3 N1cmVzIGNv dWxkIGFsc2 8gbWVhbiBo aWdoZXIgY2 9tcGxpYW5j ZSBjb3N0cy wgd2hpY2gg d291bGQgZn VydGhlciBl cm9kZSBwcm 9maXRhYmls aXR5IGFuZC BjcmVhdGUg YWRkaXRpb2 5hbCBzdHJh aW5zIG9uIH RoZSBiYWxh bmNlIHNoZW V0Ljxicj5P dmVyYWxsLC BpbiB0aGlz IHVuZmF2b3 JhYmxlIHNj ZW5hcmlvLC BXZXNCYW5j byB3b3VsZC BleHBlcmll bmNlIHNxdW VlemVkIG1h cmdpbnMsIH dlYWtlbmVk IGNhc2ggZm xvdywgYW5k IGEgc3RyZX NzZWQgYmFs YW5jZSBzaG VldCBkdWUg dG8gcmlzaW 5nIGxvYW4g bG9zc2VzIG FuZCBpbmNy ZWFzZWQgcm VndWxhdG9y eSBjb3N0cy wgcG90ZW50 aWFsbHkgaG luZGVyaW5n IGl0cyBhYm lsaXR5IHRv IGdyb3cgYW 5kIG1haW50 YWluIHNoYX JlaG9sZGVy IHZhbHVlIG 92ZXIgdGhl IGxvbmcgdG VybS48YnI+

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3Mvbk lWVXRpeERo Vjd0TkUyZE tPR1Yud2Vi cCIgYWx0PS JXZXNiYW5j byIgdGl0bG U9Ildlc2Jh bmNvIiAgY2 xhc3M9Imlt Zy1mbHVpZC IgaGVpZ2h0 PTUwIHdpZH RoPTUwIGxv YWRpbmc9J2 xhenknIHN0 eWxlPSdib3 JkZXItcmFk aXVzOiA2cH g7Jz4KCiAg ICAgICAgIC AgICAgICAg ICAgPGRpdi BzdHlsZT0n ZmxleDogMT sgdGV4dC1h bGlnbjogY2 VudGVyOyBt YXJnaW4tbG VmdDogNXB4 Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIDxw IHN0eWxlPS dmb250LXNp emU6IDI2cH g7IGNvbG9y OiAjMzMzOy BtYXJnaW4t Ym90dG9tOi AxNXB4Oyc+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICDw n5OIIFdhbn QgdG8gcmVh ZCBtb3JlIG Fib3V0IFdl c2JhbmNvPw ogICAgICAg ICAgICAgIC AgICAgICAg ICA8L3A+Cg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8YSBocm VmPSdpbmRl eC5waHA/cG FnZT1zaWdu dXAnIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICMw MDdCRkY7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBjb2 xvcjogI2Zm ZjsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHBhZGRpbm c6IDEwcHgg MjBweDsKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJvcm Rlci1yYWRp dXM6IDVweD sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIH RleHQtZGVj b3JhdGlvbj ogbm9uZTsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGZv bnQtd2VpZ2 h0OiBib2xk OwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luLX JpZ2h0OiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdHJhbn NpdGlvbjog YmFja2dyb3 VuZC1jb2xv ciAwLjNzIG Vhc2U7Jwog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgb25t b3VzZW92ZX I9J3RoaXMu c3R5bGUuYm Fja2dyb3Vu ZENvbG9yPS IjMDA1NmIz IicKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IG9ubW91c2 VvdXQ9J3Ro aXMuc3R5bG UuYmFja2dy b3VuZENvbG 9yPSIjMDA3 QkZGIic+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBTaW duIHVwIGZv ciBmcmVlCi AgICAgICAg ICAgICAgIC AgICAgICAg IDwvYT4KCi AgICAgICAg ICAgICAgIC AgICAgICAg IDxzcGFuIH N0eWxlPSdt YXJnaW46ID AgOHB4OyBj b2xvcjogIz U1NTsnPm9y PC9zcGFuPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPGEgaH JlZj0naW5k ZXgucGhwP3 BhZ2U9bG9n aW4nIHN0eW xlPScKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIGNvbG9y OiAjMDA3Qk ZGOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgdGV4dC1k ZWNvcmF0aW 9uOiB1bmRl cmxpbmU7Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICBmb2 50LXdlaWdo dDogNTAwOy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Bsb2cgaW4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9hPgoK CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxwIHN0 eWxlPSdtYX JnaW4tdG9w OiAxNXB4Oy Bmb250LXNp emU6IDEzcH g7IGZvbnQt d2VpZ2h0Oi Bib2xkOyBj b2xvcjogI2 QzMmYyZjsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg 8J+TmCBDbG FpbSB5b3Vy IGZyZWUgZU Jvb2s6IDxp PiJUaGUgQ2 hlY2tsaXN0 IFZhbHVlIE ludmVzdG9y IOKAlCBBIF NtYXJ0ZXIg V2F5IHRvIF BpY2sgU3Rv Y2tzIjwvaT 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9wPg oKICAgICAg ICAgICAgIC AgICAgICAg ICAgPCEtLQ ogICAgICAg ICAgICAgIC AgICAgICAg ICA8ZGl2IH N0eWxlPSdt YXJnaW4tdG 9wOiAxMnB4 OyBmb250LX NpemU6IDEz cHg7IGNvbG 9yOiAjNDQ0 Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBTaWduIH VwIG5vdyBh bmQgZ2V0IG 91ciBmcmVl IGVCb29rIA ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgPG I+VGhlIENo ZWNrbGlzdC BWYWx1ZSBJ bnZlc3Rvci DigJQgQSBT bWFydGVyIF dheSB0byBQ aWNrIFN0b2 NrczwvYj4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPC9kaXY+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgIC0tPgog ICAgICAgIC AgICAgICAg ICAgICAgIC A8IS0tCiAg ICAgICAgIC AgICAgICAg ICAgICAgID xkaXYgc3R5 bGU9J21hcm dpbi10b3A6 IDE2cHg7IG ZvbnQtc2l6 ZTogMTRweD sgY29sb3I6 ICM0NDQ7IG ZvbnQtZmFt aWx5OiAtYX BwbGUtc3lz dGVtLCBCbG lua01hY1N5 c3RlbUZvbn QsIFNlZ29l IFVJLCBSb2 JvdG8sIEhl bHZldGljYS BOZXVlLCBz YW5zLXNlcm lmOyBsaW5l LWhlaWdodD ogMS42Oyc+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBI YXZlIHlvdS BoZWFyZCBh Ym91dCBvdX Igc2hvcnQg PHN0cm9uZy BzdHlsZT0n Zm9udC13ZW lnaHQ6IDYw MDsnPkRhaW x5IFZpZGVv IE5ld3NsZX R0ZXI8L3N0 cm9uZz4/Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICA8YS BocmVmPSdo dHRwczovL3 d3dy5pbnNp Z2h0ZnVsdm FsdWUuY29t L25ld3NsZX R0ZXIucGhw JyB0YXJnZX Q9J19ibGFu aycgc3R5bG U9J2NvbG9y OiAjMDA3Qk ZGOyB0ZXh0 LWRlY29yYX Rpb246IG5v bmU7IGZvbn Qtd2VpZ2h0 OiA1MDA7IG 1hcmdpbi1s ZWZ0OiA2cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBG aW5kIG91dC Btb3JlCiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICA8L2E+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDwvZGl2 PgogICAgIC AgICAgICAg ICAgICAgIC AgICAtLT4K ICAgICAgIC AgICAgICAg ICAgICA8L2 Rpdj4KICAg ICAgICAgIC AgICAgIDwv ZGl2PgogIC AgICAgICAg ICA8L2Rpdj 4KICAgICAg ICAgICAgCi AgICAgICAg CiAgICAgIC AgPHNwYW4g Y2xhc3M9J2 JsdXJyZWQt dGV4dCc+Ci AgICAgICAg ICAgIE1TNG dWMlZ6WW0g RnVZMjhnZD JGeiBJR1p2 ZFc1a1pXIF FnYVc0Z01U ZzMgTUNCaG N5QjBhRyBV Z1YyaGxaV3 hwIGJtY2dV MkYyYVcgNW 5jeUJoYm1R ZyBURzloYm lCRGIyIDF3 WVc1NUlHbH UgSUZkb1pX VnNhVyA1bk xDQlhaWE4w IElGWnBjbW RwYm0gbGhM anhpY2o0eS BMaUJKZENC dmNHIFZ5WV hSbGN5Qmgg Y3lCaElHMT FiSCBScExY TjBZWFJsIE lHWnBibUZ1 WTIgbGhiQ0 J6WlhKMiBh V05sY3lCb2 IyIHhrYVc1 bklHTnYgYl hCaGJua2dk MiBsMGFDQn ZkbVZ5IElE STBNQ0JpY2 0gRnVZMmhs Y3lCcCBiaU JYWlhOMElG IFpwY21kcG JtbGggTENC UGFHbHZMQy BCUVpXNXVj M2xzIGRtRn VhV0VzSUcg RnVaQ0JMWl c1MCBkV05y ZVM0OFluIE krTXk0Z1ZH aGwgSUc1aG JXVWdWMiBW elltRnVZMj hnIGQyRnpJ R0ZrYjMgQj BaV1FnYVc0 ZyBNVGszTn lCM2FHIFZ1 SUhSb1pTQm ogYjIxd1lX NTVJSCBkaG N5QmpiMjUy IFpYSjBaV1 FnWm4gSnZi U0JoSUcxMS BkSFZoYkNC ellYIFpwYm 1keklHRnUg WkNCc2IyRn VJSCBSdklH RWdjSFZpIG JHbGpJR052 YlggQmhibm t1UEdKeSBQ alF1SUZkbG MyIEpoYm1O dklHaGggY3 lCaVpXVnVJ SCBCMVlteH BZMng1IElI UnlZV1JsWk MgQnZiaUIw YUdVZyBUa0 ZUUkVGUklI IFZ1WkdWeU lIUm8gWlNC MGFXTnJaWC BJZ2MzbHRZ bTlzIElGZF RRa01nYzIg bHVZMlVnTV RrNCBOQzQ4 WW5JK05TID RnU1c0Z01q QXcgT1N3Z1 pIVnlhVyA1 bklIUm9aU0 JtIGFXNWhi bU5wWVcgd2 dZM0pwYzJs eiBMQ0JYWl hOaVlXIDVq YnlCM1lYTW cgYjI1bElH OW1JSCBSb1 pTQm1aWGNn IFltRnVhM0 1nZEcgOGdj bVZqWldsMi BaU0JVUVZK UUlDIGhVY2 05MVlteGwg WkNCQmMzTm xkQyBCU1pX eHBaV1lnIF VISnZaM0po YlMga2dabl Z1WkhNZyBa bkp2YlNCMG FHIFVnWjI5 MlpYSnUgYl dWdWRDNDhZ biBJK05pNG dTVzRnIE1q QXhOU3dnVj IgVnpZbUZ1 WTI4ZyBZV0 54ZFdseVpX IFFnVkc5M1 pYSWcgUW1G dVkyOXljQy B3Z1pYaHdZ VzVrIGFXNW 5JR2wwY3kg QnZjR1Z5WV hScCBiMjV6 SUdsdUlGIE JsYm01emVX eDIgWVc1cF lTNDhZbiBJ K055NGdTVz RnIE1qQXhP Q3dnVjIgVn pZbUZ1WTI4 ZyBZV054ZF dseVpXIFFn Um1GeWJXVn kgY3lCRFlY QnBkRyBGc0 lFSmhibXNn IFEyOXljRz l5WVggUnBi MjRzSUdaMS BjblJvWlhJ Z1pYIGh3WV c1a2FXNW4g SUdsMGN5Qn djbSBWelpX NWpaU0JwIG JpQkxaVzUw ZFcgTnJlUz Q4WW5JKyBP QzRnUVhNZ2 IyIFlnTWpB eU1Td2cgVj JWelltRnVZ MiA4Z2FHRn pJRzkyIFpY SWdKREUySU cgSnBiR3hw YjI0ZyBhVz RnWVhOelpY IFJ6SUdGdV pDQnAgY3lC dmJtVWdiMi BZZ2RHaGxJ SFJ2IGNDQX hNREFnYkcg RnlaMlZ6ZE NCaSBZVzVy Y3lCcGJpIE IwYUdVZ1ZX NXAgZEdWa0 lGTjBZWCBS bGN5NDhZbk krIE9TNGdW MlZ6WW0gRn VZMjhnYUdG eiBJSEpsWT JWcGRtIFZr SUc1MWJXVn kgYjNWeklH RjNZWCBKa2 N5QmhibVFn IGNtVmpiMm R1YVggUnBi MjV6SUdadi BjaUJwZEhN Z1ptIGx1WV c1amFXRnMg SUhCbGNtWn ZjbSAxaGJt TmxMQ0JqIG IyMXRkVzVw ZEgga2djMl Z5ZG1saiBa U3dnWVc1a0 lIIGR2Y210 d2JHRmogWl NCamRXeDBk WCBKbExDQn BibU5zIGRX UnBibWNnWW 0gVnBibWNn Ym1GdCBaV1 FnWVNCQ1pY IE4wSUVKaG Jtc2cgVkc4 Z1YyOXlheS BCR2IzSWdZ VzVrIElGUn ZjQ0JYYjMg SnJjR3hoWT JWeiBJR0o1 SUhaaGNtIG x2ZFhNZ2NI VmkgYkdsal lYUnBiMiA1 ekxqeGljaj R4IE1DNGdT VzRnWVcgUm thWFJwYjI0 ZyBkRzhnZE hKaFpHIGww YVc5dVlXd2 cgWW1GdWEy bHVaeSBCel pYSjJhV05s IGN5d2dWMl Z6WW0gRnVZ MjhnYjJabS BaWEp6SUds dWRtIFZ6ZE cxbGJuUWcg WVc1a0lHbH VjMyBWeVlX NWpaU0J6IF pYSjJhV05s Y3kgQjBhSE p2ZFdkbyBJ R2wwY3lCem RXIEp6YVdS cFlYSjUgTE NCWFpYTkNZ VyA1amJ5Ql RaV04xIGNt bDBhV1Z6TE MgQkpibU11 UEdKeSBQak V4TGlCVWFH IFVnWTI5dG NHRnUgZVNC cGN5QmpiMi AxdGFYUjBa V1FnIGRHOG daMmwyYVcg NW5JR0poWT JzZyBkRzhn ZEdobElHIE 52YlcxMWJt bDAgYVdWek lHbDBJSCBO bGNuWmxjeU IwIGFISnZk V2RvSUcgbD BjeUJqYjNK dyBiM0poZE dVZ2NHIGhw YkdGdWRHaH kgYjNCNUlI QnliMiBkeV lXMHNJRmRs IGMwSmhibU 52SUUgTmhj bVZ6TENCMy BhR2xqYUNC emRYIEJ3Yj NKMGN5QjIg WVhKcGIzVn pJRyA1dmJu QnliMlpwIG RDQnZjbWRo Ym0gbDZZWF JwYjI1eiBJ R0Z1WkNCcG JtIGwwYVdG MGFYWmwgY3 k0OFluSStN VCBJdUlGZG xjMkpoIGJt TnZJR2hoY3 kgQmhJR3h2 Ym1jZyBhR2 x6ZEc5eWVT IEJ2WmlCem RYQncgYjNK MGFXNW5JRy BWa2RXTmhk R2x2IGJpd2 dZVzVrSUcg bHVJREl3TV RVcyBJR2ww SUdWemRHIE ZpYkdsemFH VmsgSUhSb1 pTQlhaWCBO aVlXNWpieU JUIFkyaHZi R0Z5Y3kgQl FjbTluY21G dCBMQ0J3Y2 05MmFXIFJw Ym1jZ2MyTm 8gYjJ4aGNu Tm9hWCBBZ1 puVnVaSE1n IGRHOGdhR2 xuYUMgMWhZ MmhwWlhacC BibWNnYzNS MVpHIFZ1ZE hNZ2FXNGcg YVhSeklHMW hjbSB0bGRI TXUKICAgIC AgICA8L3Nw YW4+CiAgIC AgICAgCiAg ICAgICAg