CHMG — what changed in the latest 10-Q
A section-by-section comparison of CHMG's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-07 vs the prior 10-Q · 2025-11-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +70 | −100 | ~57 | 46 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 7 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~2 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-07
The Corporation reported net income for the first quarter of 2026 of $9.2 million, or $1.91 per share, compared to $6.0 million, or $1.26 per share, for the same period in the prior year. Return on average equity for the current quarter was 14.25%, compared to 10.96% for the same period in the prior…
Interest income on loans, including fees, increased to $31.5 million for the three months ended March 31, 2026, from $28.1 million for the same period in the prior year. The increase was driven by a $214.5 million increase in average balances of total loans and a ten basis point increase in the aver…
The increase in the average yield on total loans was primarily due to a 45 basis point increase in the average yield on residential mortgage loans and, to a lesser extent, a three basis point increase in the average yield on commercial loans, each compared to the same period in the prior year. The i…
Interest expense on deposits decreased to $8.5 million for the three months ended March 31, 2026, from $11.2 million for the same period in the prior year. The decrease was primarily due to a 43 basis point decline in the average cost of total interest‑bearing deposits and a $135.5 million decrease …
Interest income on taxable securities decreased to $1.7 million for the three months ended March 31, 2026, from $3.0 million for the same period in the prior year. The decrease was largely due to a $257.5 million decrease in average balances of taxable securities, attributable to sales of available …
Text removed vs the prior filing · source: 10-Q · 2025-11-06
The following table presents selected financial information for the periods indicated, and the dollar and percent change (in thousands, except per share and ratio data) adjusted for nonrecurring items (refer to the GAAP to Non-GAAP reconciliations, pages 79-81, for further information):
(1) Adjusted for $17.5 million loss on sale of securities available for sale and $0.6 million gain on sale of previous branch property during second quarter, 2025.
(2) Adjusted for tax impact of loss on sale of securities available for sale and gain on sale of previous branch property, during second quarter, 2025.
The Corporation reported net income for the third quarter of 2025 of $7.8 million, or $1.62 per share, compared to $5.7 million, or $1.19 per share, for the same period in the prior year. Return on average equity for the current quarter was 12.89%, compared to 10.81% for the same period in the prior…
Net income for the nine months ended September 30, 2025 was $7.4 million, or $1.53 per share, compared to $17.8 million, or $3.72 per share, for the same period in the prior year. Return on average equity for the nine months ended September 30, 2025 was 4.27%, compared to 11.82% for the same period …
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice