RBCAA — what changed in the latest 10-Q
A section-by-section comparison of RBCAA'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 · 2026-11-05 vs the prior 10-Q · 2026-08-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +32 | −32 | ~31 | 132 |
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), Controls & procedures, Legal proceedings, Risk factors, Other information
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 · 2026-11-05
The most significant drivers of the fluctuation in Total Company net interest income by reportable segment were as follows:
●Delinquent loans to total loans for the Traditional Banking segment was 0.30% as of September 30, 2026 compared to 0.31% as of December 31, 2025 and 0.23% as of September 30, 2025.
●Total Traditional Banking deposits increased $46 million, or 1%, from June 30, 2026 to $4.99 billion as of September 30, 2026.
●Net interest income decreased $94,000, or 2%, from the third quarter of 2025 to the third quarter of 2026.
●Provision was a net credit of $192,000 for the third quarter of 2026 compared to a net credit of $154,000 for the same period in 2025.
Text removed vs the prior filing · source: 10-Q · 2026-08-07
Correspondent Lending — The Bank, on occasion, has purchased select blocks of single family, first-lien mortgage loans for investment from Warehouse Lending clients through its Correspondent Lending channel. These loans were purchased at a premium that is amortized into interest income over the expe…
The following were the most significant components comprising the total Company’s net income fluctuation by reportable segment:
●Total Traditional Banking deposits decreased $56 million, or 1%, from March 31, 2026 to $4.94 billion as of June 30, 2026.
●Net income increased $309,000, or 17%, from the second quarter of 2025 to the second quarter of 2026.
●Provision was a net credit of $38,000 for the second quarter of 2026 compared to a net charge of $255,000 for the same period in 2025.
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