CCFN — what changed in the latest 10-Q
A section-by-section comparison of CCFN'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 · 2026-08-07 vs the prior 10-Q · 2026-05-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +32 | −19 | ~68 | 40 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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.
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 · 2026-08-07
Cash and cash equivalents decreased $28.4 million or 58.5% from $48.5 million at December 31, 2025 to $20.1 million at June 30, 2026. This decrease is directly related to the prepayment of long-term borrowings during the six months ended June 30, 2026, which is discussed in further detail below.
Gross loans receivable held for investment increased $28.6 million or 2.4% to $1.206 billion at June 30, 2026 from $1.178 billion at December 31, 2025. New loan originations for the six months ended June 30, 2026 totaled $34.4 million. Partially offsetting this increase was the sale of approximately…
Interest-bearing deposits increased $20.5 million to $1.156 billion at June 30, 2026 from $1.136 billion at December 31, 2025. Noninterest-bearing deposits increased 0.1% from $277.0 million at December 31, 2025 to $277.4 million at June 30, 2026. The increase in total deposits during the six months…
Short-term borrowings, which consist primarily of securities sold under agreements to repurchase and periodic overnight or short-term FHLB advances, increased $11.8 million from $12.5 million at December 31, 2025 to $24.3 million at June 30, 2026. Included in this change was a decrease of securities…
Long-term borrowings, which consist of advances due to the FHLB – Pittsburgh, totaled $40.6 million at December 31, 2025 and $0 at June 30, 2026. The Corporation prepaid, in full, its outstanding long-term FHLB borrowings during the three months ended June 30, 2026. This resulted in an aggregate pre…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Cash and cash equivalents increased $11.9 million or 24.5% from $48.5 million at December 31, 2025 to $60.4 million at March 31, 2026. This increase is primarily related to increased correspondent bank balances resulting from strong deposit growth during the three months ended March 31, 2026.
Available-for-sale debt securities increased $28.0 million to $355.2 million at March 31, 2026 from $327.2 million at December 31, 2025. The Corporation purchased $38.6 million in available-for-sale debt securities during the three months ended March 31, 2026. Partially offsetting this activity was …
Gross loans receivable held for investment increased $3.9 million or 0.3% to $1.182 billion at March 31, 2026 from $1.178 billion at December 31, 2025. New loan originations for the three months ended March 31, 2026 totaled $11.8 million. Partially offsetting this increase was the sale of approximat…
Interest-bearing deposits increased $34.6 million to $1.170 billion at March 31, 2026 from $1.136 billion at December 31, 2025. Noninterest-bearing deposits increased 2.2% from $277.0 million at December 31, 2025 to $283.2 million at March 31, 2026. The increase in total deposits during the three mo…
Total stockholder’s equity decreased by $0.5 million, or 0.3%, from $192.5 million at December 31, 2025, to $192.1 million at March 31, 2026. This decrease is primarily attributable to earnings, net of cash dividends, offset by an increase in accumulated other comprehensive loss due to changes in th…
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