PFSB — what changed in the latest 10-Q
A section-by-section comparison of PFSB'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 · 2026-08-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +26 | −7 | ~27 | 44 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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): 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 · 2026-08-05
on available-for-sale investment securities declined by $439,000 during the six months ended June 30, 2026 due to an increase in market interest rates.
Held-to-Maturity Investment Securities. Held-to-maturity investment securities decreased by $2.0 million, or 32.2%, to $4.2 million at June 30, 2026 from $6.2 million at December 31, 2025, due to maturities. The decline was a result of maturities while there were no purchases of held-to-maturity sec…
During the six months ended June 30, 2026, the Company originated $15.9 million in loans consisting of $8.3 million in one-to four-family residential mortgage loans, $3.4 million in commercial real estate loans, $3.4 million in commercial loans and $794,000 in consumer loans.
Average interest-earning assets to interest-bearing liabilities
(1)Net interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate of interest-bearing liabilities.
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Held-to-Maturity Investment Securities. Held-to-maturity investment securities decreased by 986,000, or 15.9%, to $5.2 million at March 31, 2026 from $6.2 million at December 31, 2025, due to maturities. There were no purchases of held-to-maturity securities during the three months ended March 31, 2…
During the three months ended March 31, 2026, the Company originated $5.1 million in loans consisting of $3.2 million in one-to four-family residential mortgage loans, $1.3 million in commercial real estate loans, $321,000 in commercial loans and $309,000 in consumer loans.
Deposits. Deposits increased $3.6 million, or 2.2%, from $166.5 million at December 31, 2025 to $170.1 million at March 31, 2026. Non-maturity deposits increased $3.0 million, or 3.3%, from $91.5 million at December 31, 2025 to $94.5 million at March 31, 2026. Time deposits increased by $613,000, or…
Liquidity describes our ability to meet the financial obligations that arise in the ordinary course of business. Liquidity is primarily needed to meet the borrowing and deposit withdrawal requirements of our customers and to fund current and planned expenditures. Our primary sources of funds are dep…
Our cash flows are comprised of three primary classifications: cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. For the three months ended March 31, 2026, cash flows from operations, investing, and financial activities resulted in …
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