STLE — what changed in the latest 10-Q
A section-by-section comparison of STLE'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 · 2026-08-12 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +36 | −25 | ~15 | 27 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~3 | 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)
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 · 2026-08-12
Annualized fully tax-equivalent net interest margin (Non-GAAP)
Gross loans receivable increased $6.01 million from $919.24 million at December 31, 2025 to $925.24 million at June 30, 2026. Commercial mortgages increased $18.30 million and other construction and land development loans decreased $12.23 million due to construction phases ending and loans convertin…
The allowance for credit losses was $9.93 million at June 30, 2026, compared to $9.90 million at December 31, 2025. This allowance equaled 1.08 percent of total loans, net of unearned income, as of June 30, 2026 and December 31, 2025. The Company recorded a provision for credit losses of $119 thousa…
Individually evaluated loans were $11.27 million as of June 30, 2026, an increase from $6.83 million as of December 31, 2025. As of June 30, 2026, there was a required reserve of $1.13 million for individually evaluated loans, as compared to the reserve of $615 thousand at December 31, 2025. Please …
Collectively evaluated loans totaled $913.98 million, with an ACL of $8.81 million as of June 30, 2026 and $912.41 million with an ACL of $9.29 million as of December 31, 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-14
The following tables summarize the maturity distribution and yields of available-for-sale securities as of March 31, 2026 and December 31, 2025:
Yields on tax-exempt securities have been computed on a tax-equivalent basis using a federal tax rate of 21%.
Yields on tax-exempt securities have been computed on a tax-equivalent basis using a federal tax rate of 21%.
Gross loans receivable decreased $1.26 million from $919.24 million at December 31, 2025 to $917.98 million at March 31, 2026. Other construction and land development loans decreased $14.37 million due to construction phases ending and loans converting to commercial mortgages. The percentage change …
The allowance for credit losses was $9.76 million at March 31, 2026, compared to $9.90 million at December 31, 2025. This allowance equaled 1.06 percent and 1.08 percent of total loans, net of unearned income, as of March 31, 2026 and December 31, 2025, respectively. The Company's recovery of credit…
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