MSBB — what changed in the latest 10-Q
A section-by-section comparison of MSBB'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 · 2026-05-12 vs the prior 10-Q · 2026-02-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +40 | −14 | ~16 | 44 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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), Risk factors
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 · 2026-05-12
Average interest-earning assets to interest-bearing liabilities
(1) Net deferred fee income included in interest earned on loans totaled $55,000 and $38,000 for the six months ended March 31, 2026 and 2025,
(2) Net interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate of
(3) Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities.
(4) Net interest margin represents net interest income divided by average total interest-earning assets.
Text removed vs the prior filing · source: 10-Q · 2026-02-13
General. Net income for the three months ended December 31, 2025, was $171,000, a decrease of $105,000, or 38.0%, compared to $276,000 for the three months ended December 31, 2024. The decrease in net income was primarily due to a $259,000 increase in noninterest expense, and a $32,000 decease in no…
The average balance of loans during the three months ended December 31, 2025 increased by $12.4 million, or 8.7%, from the balance for the three months ended December 31, 2024, while the average yield on loans decreased by 43 basis points to 5.68% for the three months ended December 31, 2025 from 6.…
The average yield on investment securities increased by 28 basis points to 3.21% for the three months ended December 31, 2025, from 2.93% for the three months ended December 31, 2024, while the average balance of investment securities decreased $1.3 million to $10.5 million for the three months ende…
Interest income on other interest-earning deposits, comprised primarily of certificates of deposit in other financial institutions, overnight deposits and stock in the Federal Home Loan Bank, decreased $13,000, or 16.9%, for the three months ended December 31, 2025, due primarily to a decrease in th…
Interest Expense. Total interest expense decreased $148,000, or 20.0%, to $593,000 for the three months ended December 31, 2025, from $740,000 for the three months ended December 31, 2024. Interest expense on deposits increased $87,000, or 18.8%, due primarily to an increase of 10 basis points in th…
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