BWB — what changed in the latest 10-Q
A section-by-section comparison of BWB'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 · 2026-10-29 vs the prior 10-Q · 2026-07-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +14 | −13 | ~67 | 78 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 6 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
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 · 2026-10-29
●interest rate risk, including the effects of the recent increase in the benchmark federal funds rate by the Federal Reserve;
On August 25, 2026, the Company's board of directors extended the expiration date of the Company’s previously announced stock repurchase program (the “2022 Stock Repurchase Program”) from August 26, 2026 to August 25, 2027. As of August 25, 2026, the 2022 Stock Repurchase Program had $12.4 million r…
Interest expense on borrowings was $13.9 million for the nine months ended September 30, 2026, compared to $12.6 million for the nine months ended September 30, 2025. The $1.4 million increase was primarily due to higher balances and rates on subordinated debentures due to the subordinated debt refi…
The provision for credit losses on loans and leases was $2.8 million for the third quarter of 2026, compared to $900,000 for the third quarter of 2025. The provision for credit losses on loans and leases was $4.7 million for the nine months ended September 30, 2026, compared to $4.4 million for the …
The Company’s total uninsured deposits, which are the amounts of deposit accounts that exceed the FDIC insurance limit, currently $250,000, were approximately $1.36 billion, or 30.3% of total deposits, at
Text removed vs the prior filing · source: 10-Q · 2026-07-30
●interest rate risk, including the effects of changes in interest rates;
●risks associated with our integration of First Minnetonka City Bank (“FMCB”), and the effect of the merger on the Company’s customer and employee relationships and operating results;
primarily due to lower rates paid on deposits, lower time deposit balances, and an increase in noninterest bearing deposits.
Interest expense on borrowings was $8.9 million for the six months ended June 30, 2026, compared to $7.6 million for the six months ended June 30, 2025. The $1.3 million increase was primarily due to higher balances and rates on subordinated debentures due to the subordinated debt refinancing in the…
The provision for credit losses on loans and leases was $550,000 for the second quarter of 2026, compared to $2.0 million for the second quarter of 2025. The provision for credit losses on loans and leases was $1.9 million for the six months ended June 30, 2026, compared to $3.5 million for the six …
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