FVCB — what changed in the latest 10-Q
A section-by-section comparison of FVCB'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 · 2026-08-06 vs the prior 10-Q · 2026-05-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +98 | −60 | ~35 | 62 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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.
Not shown (absent or not faithfully extractable): Market risk (Item 3)
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 · 2026-08-06
For the six months ended June 30, 2026, we recorded net income of $14.6 million, or $0.81 diluted earnings per share, compared to net income of $10.8 million, or $0.59 diluted earnings per share for the six months ended June 30, 2025. Net interest income for the six months ended June 30, 2026 was $3…
Provision for credit losses was $409 thousand and $305 thousand for the six months ended June 30, 2026 and 2025, respectively. Noninterest income was $3.0 million and $1.7 million for the six months ended June 30, 2026 and 2025, respectively, an increase of $1.4 million, or 81%. Noninterest expense …
Core operating earnings (non-GAAP) for the three months ended June 30, 2026 and 2025 were $7.6 million and $5.5 million, respectively, an increase of $2.0 million, or 36%. For the six months ended June 30, 2026 and 2025, core operating earnings were $14.1 million and $10.7 million, respectively, an …
Diluted core operating earnings per share (non-GAAP) for the three months ended June 30, 2026 and 2025 were $0.42 and $0.30, respectively. For the six months ended June 30, 2026 and 2025, diluted core operating earnings per share were $0.78 and $0.58, respectively.
Provision for income taxes associated with non-GAAP adjustments195 35
Text removed vs the prior filing · source: 10-Q · 2026-05-07
Core operating earnings (non-GAAP) for the three months ended March 31, 2026 and 2025 were $6.6 million and $5.2 million, respectively, an increase of $1.4 million, or 27%. Diluted core operating earnings per share (non-GAAP) for the three months ended March 31, 2026 and 2025 were $0.36 and $0.28, r…
Accelerated debt issuance costs on sub debt redemption244 $—
Provision for income taxes associated with non-GAAP adjustments(55)—
Adjusted Earnings per share - Non-GAAP expenses including provision for income taxes$0.01 $—
Earnings per share - basic (non-GAAP core operating earnings)$0.37 $0.28
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