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 · 2026-08-12 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +41 | −27 | ~9 | 15 |
| Market risk (Item 3) | Text added/removed | +5 | −3 | ~2 | 20 |
| 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 | +2 | −1 | 0 | 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 · 2026-08-12
Summary of Results. During the second quarter of 2026, we recorded net earnings of $5.4 million, which was an increase of $1.0 million, or 22.4%, from net earnings of $4.4 million in the second quarter of 2025. During the first six months of 2026, we recorded net earnings of $10.5 million, which was…
Interest Income. Interest income of $20.3 million for the quarter ended June 30, 2026 represented an increase of $153,000, or 0.8%, compared to the same period of 2025. Interest income on investment securities increased $189,000, or 6.6%, to $3.1 million for the second quarter of 2026, as compared t…
Interest income of $40.5 million for the six months ended June 30, 2026 represented an increase of $1.1 million, or 2.7%, compared to the same period of 2025. Interest income on loans increased $826,000, or 2.5%, to $34.4 million for the six months ended June 30, 2026, compared to the same period of…
Interest Expense. Interest expense during the quarter ended June 30, 2026 decreased $1.2 million to $5.2 million, as compared to the same period of 2025. Interest expense on interest-bearing deposits decreased $795,000 to $4.3 million for the quarter ended June 30, 2026, as compared to the same peri…
Interest expense during the six months ended June 30, 2026 decreased $2.2 million to $10.4 million, as compared to the same period of 2025. Interest expense on interest-bearing deposits decreased $1.4 million to $9.0 million for the six months ended June 30, 2026, as compared to the same period of 2…
Text removed 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.…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-12
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:
● Past and any future terrorist attacks, military conflicts, acts of war, changes in foreign relations, or other adverse external events, including ongoing conflicts in the Middle East, wars in Iran and Ukraine, and other international military conflicts that can increase levels of political and eco…
● Emerging issues related to the development and use of artificial intelligence that could give rise to legal or regulatory action, damage our reputation, or otherwise materially harm our business or customers;
● The effects of fraud on the part of our employees, customers, vendors or counterparties;
● The availability of future equity or debt issuances and other capital raising opportunities on favorable terms; and
Text removed 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…
● The economic impact of past and any future terrorist attacks, military conflicts, acts of war, including ongoing conflicts in the Middle East, wars in Iran and Ukraine, and other international military conflicts, or threats thereof, and the response of the United States to any such threats and att…
● The effects of fraud on the part of our employees, customers, vendors or counterparties; and
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-12
On June 15, 2026, Jim Lewis, a director of the Company, adopted a trading arrangement for the sale of securities of the Company’s common stock (a “Rule 10b5-1 Trading Plan”) that is intended to satisfy the affirmative defense conditions of Securities Act Rule 10b5-1(c). Mr. Lewis’ Rule 10b5-1 Tradin…
Certain of our officers and directors have made elections to participate in, and are participating in, our dividend reinvestment plan and 401(k) plan, and have made, and may from time to time make, elections to have shares withheld to cover withholding taxes or pay the exercise price of stock awards…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
During the quarter ended March 31, 2026, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule10b5-1(c) or any non-Ru…
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