RRBI — what changed in the latest 10-Q
A section-by-section comparison of RRBI'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 · 2026-05-08 vs the prior 10-Q · 2025-11-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +61 | −64 | ~64 | 70 |
| Market risk (Item 3) | Text added/removed | +1 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
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, 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 · 2026-05-08
In the first quarter of 2026, we had record-high quarterly net income and a consistent balance sheet. We increased the quarterly cash dividend paid to shareholders by $0.10 per share, or 66.7%, to $0.25 per share for the first quarter of 2026, compared to $0.15 per share for the prior two quarters.
•Net income for the first quarter of 2026 was $12.0 million, or $1.81 diluted EPS, an increase of $556,000, or 4.9%, compared to $11.4 million, or $1.73 diluted EPS, for the fourth quarter of 2025. Net income for the first quarter was impacted by approximately $590,000 of periodic items that reduced…
•Net interest income increased slightly, and net interest margin FTE was consistent at 3.51% for the first quarter of 2026 and the prior quarter.
•Assets remained consistent at $3.35 billion as of March 31, 2026 and December 31, 2025.
•Loans HFI were $2.25 billion as of March 31, 2026 and December 31, 2025. In the first quarter of 2026, new loan originations and construction commitment fundings were offset by payments and payoffs.
Text removed vs the prior filing · source: 10-Q · 2025-11-07
In the third quarter of 2025, we had an improved net interest margin and record-high net income. Loans, deposits, and assets increased slightly. We completed a significant private stock repurchase and increased the quarterly cash dividend by 25.0%.
•Net income for the third quarter of 2025 was $10.8 million, or $1.63 diluted EPS, an increase of $605,000, or 5.9%, compared to $10.2 million, or $1.51 diluted EPS, for the second quarter of 2025. Net income for the third quarter was impacted by a $1.1 million increase in net interest income, combi…
•Net interest income and net interest margin FTE increased for the third quarter of 2025 compared to the prior quarter. Net interest income for the third quarter of 2025 was $26.9 million, which was $1.1 million, or 4.1%, higher than $25.8 million for the prior quarter. Net interest margin FTE incre…
•We participate as a member in JAM FINTOP. During the third quarter of 2025, JAM FINTOP completed the sale of an investment, which led to distributions of capital and income. As a result, other income (loss) for the third quarter included $253,000 of nonrecurring JAM FINTOP partnership income.
•As of September 30, 2025, loans HFI were $2.17 billion, which was $34.5 million, or 1.6%, higher than $2.14 billion as of June 30, 2025. In the third quarter of 2025, we experienced solid new loan and commitment activity, combined with funding of loan construction commitments.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-08
Condition and Results of Operations - Liquidity and Asset-Liability Management - Interest Rate Sensitivity and Market Risk.” The foregoing information is incorporated into this Item 3 by reference.
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