EFSCP — what changed in the latest 10-Q
A section-by-section comparison of EFSCP'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 · 2026-10-30 vs the prior 10-Q · 2026-07-31
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +28 | −24 | ~36 | 48 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~4 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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.
Not shown (absent or not faithfully extractable): Risk factors
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 · 2026-10-30
Below are highlights of the Company’s financial performance for the periods indicated. Comparisons to prior year periods are affected by the acquisition of 12 branches in Arizona and Kansas in the fourth quarter 2025 (the “Branch Acquisition”). Noninterest income for the prior year period also inclu…
•PPNR1 - PPNR of $74.6 million for the third quarter of 2026 and $213.2 million for the nine months ended September 30, 2026 increased $6.4 million and $13.4 million from the linked and prior year-to-date periods, respectively. The increase from the linked and prior year-to-date periods was primaril…
•Noninterest income - Noninterest income of $13.2 million for the third quarter of 2026 and $45.8 million for the nine months ended September 30, 2026 decreased $0.3 million and $41.9 million from the linked and prior year-to-date periods, respectively. Excluding the $32.1 million of anticipated ins…
•Asset quality – The ACL on loans to total loans was 1.17% at September 30, 2026, compared to 1.19% at December 31, 2025. The ratio of nonperforming assets to total assets was 1.03% at September 30, 2026 compared to 0.95% at December 31, 2025. A provision for credit losses of $18.1 million was recor…
•Stockholders’ equity – Total stockholders’ equity was $1.9 billion at September 30, 2026, compared to $2.0 billion at December 31, 2025, and the tangible common equity to tangible assets ratio2 was 8.13% at September 30, 2026 compared to 9.07% at December 31, 2025. The Company and the Bank’s regula…
Text removed vs the prior filing · source: 10-Q · 2026-07-31
Below are highlights of the Company’s financial performance for the periods indicated. Comparisons to prior year periods are affected by the acquisition of 12 branches in Arizona and Kansas in the fourth quarter 2025 (the “Branch Acquisition”).
•PPNR1 - PPNR of $68.2 million for the second quarter of 2026 and $138.6 million for the six months ended June 30, 2026 decreased $2.2 million from the linked quarter and increased $4.4 million from the prior year-to-date period. The decrease from the linked quarter was primarily due to a decrease i…
•Noninterest income - Noninterest income of $13.5 million for the second quarter of 2026 and $32.6 million for the six months ended June 30, 2026 decreased $5.6 million and $6.5 million from the linked and prior year-to-date periods, respectively. The decrease in noninterest income from the linked a…
•Subordinated notes - In the second quarter 2026, the Company issued $175.0 million of 6.25% fixed-to-floating rate subordinated notes due in 2036 for general corporate purposes and to bolster capital. The notes are callable starting in July 2031 and are included in tier 2 capital.
•Asset quality – The ACL on loans to total loans was 1.17% at June 30, 2026, compared to 1.19% at December 31, 2025. The ratio of nonperforming assets to total assets was 0.92% at June 30, 2026 compared to 0.95% at December 31, 2025. A provision for credit losses of $14.2 million was recorded in the…
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