MRBK — what changed in the latest 10-Q
A section-by-section comparison of MRBK'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 · 2026-05-11 vs the prior 10-Q · 2025-11-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +66 | −73 | ~52 | 91 |
| Market risk (Item 3) | Text added/removed | +66 | −73 | ~52 | 90 |
| Controls & procedures | Text added/removed | +66 | −73 | ~52 | 90 |
| Legal proceedings | Text added/removed | +66 | −73 | ~52 | 90 |
| Risk factors | Some risk factors updated | +66 | −73 | ~52 | 90 |
| Other information | Text added/removed | +66 | −73 | ~52 | 89 |
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 · 2026-05-11
Loans and other finance receivables, including fees$38,144 $36,549
Net interest income after provision for credit losses15,709 14,564
Net change in the fair value of derivative instruments(51)149
Net change in the fair value of loans held-for-investment(39)170
Unrealized investment (losses) gains, net of tax effect of $(159) and $210, respectively
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Net change in the fair value of derivative instruments129 (102)176 176
Net change in the fair value of loans held-for-sale(75)169 198 138
Net change in the fair value of loans held-for-investment213 965 573 766
Reclassification adjustment for investment securities transferred to held-to-maturity, net of tax effect of $7, $7, $21, and $21, respectively
Unrealized investment gains, net of tax effect of $484, $716, $728, and $1,098, respectively
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-11
Loans and other finance receivables, including fees$38,144 $36,549
Net interest income after provision for credit losses15,709 14,564
Net change in the fair value of derivative instruments(51)149
Net change in the fair value of loans held-for-investment(39)170
Unrealized investment (losses) gains, net of tax effect of $(159) and $210, respectively
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Net change in the fair value of derivative instruments129 (102)176 176
Net change in the fair value of loans held-for-sale(75)169 198 138
Net change in the fair value of loans held-for-investment213 965 573 766
Reclassification adjustment for investment securities transferred to held-to-maturity, net of tax effect of $7, $7, $21, and $21, respectively
Unrealized investment gains, net of tax effect of $484, $716, $728, and $1,098, respectively
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-11
Loans and other finance receivables, including fees$38,144 $36,549
Net interest income after provision for credit losses15,709 14,564
Net change in the fair value of derivative instruments(51)149
Net change in the fair value of loans held-for-investment(39)170
Unrealized investment (losses) gains, net of tax effect of $(159) and $210, respectively
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Net change in the fair value of derivative instruments129 (102)176 176
Net change in the fair value of loans held-for-sale(75)169 198 138
Net change in the fair value of loans held-for-investment213 965 573 766
Reclassification adjustment for investment securities transferred to held-to-maturity, net of tax effect of $7, $7, $21, and $21, respectively
Unrealized investment gains, net of tax effect of $484, $716, $728, and $1,098, respectively
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-05-11
Loans and other finance receivables, including fees$38,144 $36,549
Net interest income after provision for credit losses15,709 14,564
Net change in the fair value of derivative instruments(51)149
Net change in the fair value of loans held-for-investment(39)170
Unrealized investment (losses) gains, net of tax effect of $(159) and $210, respectively
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Net change in the fair value of derivative instruments129 (102)176 176
Net change in the fair value of loans held-for-sale(75)169 198 138
Net change in the fair value of loans held-for-investment213 965 573 766
Reclassification adjustment for investment securities transferred to held-to-maturity, net of tax effect of $7, $7, $21, and $21, respectively
Unrealized investment gains, net of tax effect of $484, $716, $728, and $1,098, respectively
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-05-11
Loans and other finance receivables, including fees$38,144 $36,549
Net interest income after provision for credit losses15,709 14,564
Net change in the fair value of derivative instruments(51)149
Net change in the fair value of loans held-for-investment(39)170
Unrealized investment (losses) gains, net of tax effect of $(159) and $210, respectively
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Net change in the fair value of derivative instruments129 (102)176 176
Net change in the fair value of loans held-for-sale(75)169 198 138
Net change in the fair value of loans held-for-investment213 965 573 766
Reclassification adjustment for investment securities transferred to held-to-maturity, net of tax effect of $7, $7, $21, and $21, respectively
Unrealized investment gains, net of tax effect of $484, $716, $728, and $1,098, respectively
Other information
Text added vs the prior filing · source: 10-Q · 2026-05-11
Loans and other finance receivables, including fees$38,144 $36,549
Net interest income after provision for credit losses15,709 14,564
Net change in the fair value of derivative instruments(51)149
Net change in the fair value of loans held-for-investment(39)170
Unrealized investment (losses) gains, net of tax effect of $(159) and $210, respectively
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Net change in the fair value of derivative instruments129 (102)176 176
Net change in the fair value of loans held-for-sale(75)169 198 138
Net change in the fair value of loans held-for-investment213 965 573 766
Reclassification adjustment for investment securities transferred to held-to-maturity, net of tax effect of $7, $7, $21, and $21, respectively
Unrealized investment gains, net of tax effect of $484, $716, $728, and $1,098, respectively
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