LARK — what changed in the latest 10-Q
A section-by-section comparison of LARK'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 · 2026-05-06 vs the prior 10-Q · 2025-11-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +28 | −42 | ~15 | 8 |
| Market risk (Item 3) | Text added/removed | +2 | −2 | ~20 | 3 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| 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 · 2026-05-06
Summary of Results. During the first quarter of 2026, we recorded net earnings of $5.1 million, an increase of $365,000, or 7.8%, from net earnings of $4.7 million in the first quarter of 2025.The increase in net earnings during the first quarter of 2026 was primarily related to an increase in net i…
Interest Income. Interest income of $20.2 million for the quarter ended March 31, 2026 represented an increase of $906,000, or 4.7%, compared to the same period of 2025. Interest income on loans increased $865,000, or 5.3%, to $17.3 million for the quarter ended March 31, 2026, compared to the same …
Interest Expense. Interest expense during the quarter ended March 31, 2026 decreased $998,000 to $5.2 million, as compared to the same period of 2025. Interest expense on interest-bearing deposits decreased $625,000 to $4.6 million for the quarter ended March 31, 2026, as compared to the same period…
Net Interest Income. Net interest income increased $1.9 million, or 14.5%, to $15.0 million for the first quarter of 2026, as compared to the first quarter of 2025. The increase in net interest income was primarily a result of an increase in interest income on loans and investment securities, and lo…
Provision for Credit Losses. During the first quarter of 2026, a $500,000 provision for credit losses for loans was recorded, compared to no provision during the first quarter of 2025. During the first quarter of 2026, a $70,000 provision for credit losses for unfunded loan commitments was recorded.…
Text removed vs the prior filing · source: 10-Q · 2025-11-13
Summary of Results. During the third quarter of 2025, we recorded net earnings of $4.9 million, which was an increase of $1.0 million, or 25.4%, from net earnings of $3.9 million in the third quarter of 2024. During the first nine months of 2025, we recorded net earnings of $14.0 million, which was …
Interest Income. Interest income of $20.7 million for the quarter ended September 30, 2025 represented an increase of $1.7 million, or 9.0%, compared to the same period of 2024. Interest income on loans increased $1.9 million, or 11.6%, to $17.8 million for the quarter ended September 30, 2025, comp…
Interest income of $60.2 million for the nine months ended September 30, 2025 represented an increase of $5.2 million, or 9.5%, compared to the same period of 2024. Interest income on loans increased $5.9 million, or 13.0%, to $51.4 million for the nine months ended September 30, 2025, compared to t…
Interest Expense. Interest expense during the quarter ended September 30, 2025 decreased $773,000 to $6.6 million, as compared to the same period of 2024. Interest expense on interest-bearing deposits decreased $420,000 to $5.4 million for the quarter ended September 30, 2025, as compared to the sam…
Interest expense during the nine months ended September 30, 2025 decreased $2.3 million to $19.3 million, as compared to the same period of 2024. Interest expense on interest-bearing deposits decreased $1.2 million to $15.8 million for the nine months ended September 30, 2025 compared to the same pe…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-06
Because forward-looking statements relate to the future, they are subject to inherent known and unknown uncertainties, risks, changes in circumstances, and other factors that are difficult to predict and many of which may be out of the Company’s control. These factors include, among others, the foll…
● effects on the U.S. economy resulting from actions taken by the federal government, including the threat or implementation of tariffs, immigration enforcement, executive orders, and changes in foreign policy;
Text removed vs the prior filing · source: 10-Q · 2025-11-13
Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on operations and future prospects of us and our subsidiaries include, but are not limited to, the following:
●Effects on the U.S. economy resulting from the threat or implementation of new, or changes to, existing policies, regulations, regulatory and other governmental agencies and executive orders, including tariffs, immigration policy, regulatory and other governmental agencies, DEI and ESG initiatives,…
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