VABK — what changed in the latest 10-Q
A section-by-section comparison of VABK'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 · 2026-05-12 vs the prior 10-Q · 2025-11-12
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +39 | −54 | ~25 | 19 |
| Market risk (Item 3) | Text added/removed | +3 | −3 | 0 | 3 |
| Controls & procedures | Text added/removed | +3 | −3 | 0 | 3 |
| Legal proceedings | Text added/removed | +3 | −3 | 0 | 3 |
| Risk factors | Text added/removed | +3 | −3 | 0 | 3 |
| Other information | Text added/removed | +3 | −3 | 0 | 2 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
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 · 2026-05-12
Certain statements in this report may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements concerning future results of operations or financial position, borrowing capacity and future liquidity, futu…
Factors that could cause the Company's actual results to differ materially from those in the forward-looking statements include, but are not limited to, the following: inflation, interest rates, market and monetary fluctuations; liquidity and capital requirements; market disruptions including trade …
Additional risk factors and uncertainties are described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and in other reports filed from time to time by the Company with the Securities and Exchange Commission. All risk factors and uncertainties described herein and th…
Our primary financial goal is to maximize the Company’s earnings to increase long-term shareholder value. We monitor four key financial performance measures to determine our success in realizing this goal: 1) return on average assets, 2) return on average equity, 3) net income per share, and 4) tang…
ROAA for the three months ended March 31, 2026 of 1.30% increased 18 bps when compared to the ROAA of 1.12% for the three months ended March 31, 2025, as net income was higher in the current period as compared to the same period in the prior year.
Text removed vs the prior filing · source: 10-Q · 2025-11-12
Certain statements in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, statements with respect to the Company’s operations, performance, future strategy and goals, and are ofte…
Our primary financial goal is to maximize the Company’s earnings to increase long-term shareholder value. We monitor three key financial performance measures to determine our success in realizing this goal: 1) return on average assets, 2) return on average equity, and 3) net income per share.
ROAA for the three months ended September 30, 2025 of 1.12% declined 3 bps when compared to the ROAA of 1.15% for the three months ended September 30, 2024. ROAA for the nine months ended September 30, 2025 was 1.10% compared to 1.04% realized in the same period in the prior year, as net income was …
ROAE for the three months ended September 30, 2025 was 10.48% compared to 11.82% realized in same period in the prior year. ROAE for the nine months ended September 30, 2025 was 10.52% compared to 10.70% realized in the same period in the prior year.
Net income per diluted share was $0.84 for the three months ended September 30, 2025, compared to $0.85 for the same period in the prior year. Net income per diluted share was $2.45 for the nine months ended September 30, 2025, compared to $2.30 for the same period in the prior year. The period over…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-12
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2018
Annual Report on Form 10-K for the year ended December 31, 2025
Reorganization Agreement and Plan of Share Exchange dated March 6, 2013 between the Bank and the Company
Text removed vs the prior filing · source: 10-Q · 2025-11-12
ASU 2016-13, Financial Instruments and Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments
Virginia National Bankshares Corporation and its subsidiaries
Annual Report on Form 10-K for the year ended December 31, 2024
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-12
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2018
Annual Report on Form 10-K for the year ended December 31, 2025
Reorganization Agreement and Plan of Share Exchange dated March 6, 2013 between the Bank and the Company
Text removed vs the prior filing · source: 10-Q · 2025-11-12
ASU 2016-13, Financial Instruments and Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments
Virginia National Bankshares Corporation and its subsidiaries
Annual Report on Form 10-K for the year ended December 31, 2024
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-05-12
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2018
Annual Report on Form 10-K for the year ended December 31, 2025
Reorganization Agreement and Plan of Share Exchange dated March 6, 2013 between the Bank and the Company
Text removed vs the prior filing · source: 10-Q · 2025-11-12
ASU 2016-13, Financial Instruments and Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments
Virginia National Bankshares Corporation and its subsidiaries
Annual Report on Form 10-K for the year ended December 31, 2024
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-05-12
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2018
Annual Report on Form 10-K for the year ended December 31, 2025
Reorganization Agreement and Plan of Share Exchange dated March 6, 2013 between the Bank and the Company
Text removed vs the prior filing · source: 10-Q · 2025-11-12
ASU 2016-13, Financial Instruments and Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments
Virginia National Bankshares Corporation and its subsidiaries
Annual Report on Form 10-K for the year ended December 31, 2024
Other information
Text added vs the prior filing · source: 10-Q · 2026-05-12
Dodd-Frank Wall Street Reform and Consumer Protection Act of 2018
Annual Report on Form 10-K for the year ended December 31, 2025
Reorganization Agreement and Plan of Share Exchange dated March 6, 2013 between the Bank and the Company
Text removed vs the prior filing · source: 10-Q · 2025-11-12
ASU 2016-13, Financial Instruments and Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments
Virginia National Bankshares Corporation and its subsidiaries
Annual Report on Form 10-K for the year ended December 31, 2024
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