RVRF — what changed in the latest 10-Q
A section-by-section comparison of RVRF'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 · 2026-08-04 vs the prior 10-Q · 2026-05-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +14 | −6 | ~35 | 53 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | Text added/removed | +3 | −1 | 0 | 0 |
| Risk factors | Restated in full this quarter | +2 | 0 | 0 | 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), 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 · 2026-08-04
Net income was $13.8 million in the quarter ended June 30, 2026, compared with $12.1 million in the quarter ended June 30, 2025. Several significant measures from the 2026 second quarter include:
During the three months ended June 30, 2026, our net income was $13.8 million, compared to $12.1 million for the three months ended June 30, 2025, an increase of $1.8 million, or 14.57%. The primary reason for the increase in net income for the second quarter of 2026 as compared to the second quarte…
During the six months ended June 30, 2026, our net income was $28.0 million, compared to $20.5 million for the six months ended June 30, 2025, an increase of $7.5 million, or 36.26%. The primary reason for the increase in net income for the second quarter of 2026 as compared to the second quarter of…
Comparison of net interest income for the six months ended June 30, 2026 and 2025
The following table shows, for the six months ended June 30, 2026 and 2025, the average balances of each principal category of our earning assets and interest bearing liabilities and the average taxable equivalent yields on assets and average costs of liabilities. These yields and costs are calculat…
Text removed vs the prior filing · source: 10-Q · 2026-05-05
Net income was $14.1 million in the quarter ended March 31, 2026, compared with $8.5 million in the quarter ended March 31, 2025. Several significant measures from the 2026 first quarter include:
During the three months ended March 31, 2026, our net income was $14.1 million, compared to $8.5 million for the three months ended March 31, 2025, an increase of $5.7 million, or 67.26%. The primary reason for the increase in net income for the first quarter of 2026 as compared to the first quarter…
The provision for credit losses represents a charge to earnings necessary to establish an allowance for credit losses that, in management's evaluation, is adequate to provide coverage for all expected credit losses. As a result of evaluating the allowance for credit losses at March 31, 2026, managem…
Noninterest income for the three months ended March 31, 2026 was $5.7 million compared to $1.9 million for the same period in 2025. The most significant increase in noninterest income was due to a gain on sales of investment securities of $8.0 thousand for the three months ended March 31, 2026 compa…
We recognized income tax expense of $4.5 million for the three months ended March 31, 2026, compared to $2.6 million for the three months ended March 31, 2025. The effective tax rate for the three months ended March 31, 2026 was 24.0% compared to 23.5% for the same period in 2025. The effective tax …
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-04
Between July 1, 2026, and July 10, 2026, customers filed four lawsuits against River Financial or River Bank in the Circuit Courts of Autauga County, Alabama, and Macon County, Alabama. The lawsuits arise from a June 2026 cybersecurity incident experienced by River Financial and River Bank.
The complaints allege that River Financial failed to adequately protect its customers’ personal information in connection with the June 2026 cybersecurity incident. The plaintiffs in each case have not alleged any actual financial loss that they incurred as a result of the June 2026 cybersecurity in…
Information regarding the June 2026 cybersecurity incident experienced by River Financial and River Bank may be found in the following Form 8-Ks filed on June 25, 2026, July 6, 2026, July 10, 2026, July 17, 2026 and July 30, 2026. River Financial and River Bank’s investigation into the full nature, …
Text removed vs the prior filing · source: 10-Q · 2026-05-05
From time to time the Company is a party to legal proceedings. At the present time the Company is not part of any proceeding which the Company deems to be material.
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-04
In addition to the other information set forth in this report, you should carefully consider the factors discussed in Part I, Item 1A, “Risk Factors,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 that could materially affect the Company’s business, financial condi…
Litigation regarding the facts set forth in Item 1 above will likely require material time and costs which at this point cannot be determined.
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