MYFW — what changed in the latest 10-Q
A section-by-section comparison of MYFW'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 · 2026-07-31 vs the prior 10-Q · 2026-05-01
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +39 | −27 | ~61 | 85 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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): Other information
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 · 2026-07-31
•The decrease in Provision for credit losses was driven by a Release of provision for credit losses in the three months ended June 30, 2026 versus a Provision for credit losses in the three months ended June 30, 2025. The Release of provision for credit losses in the three months ended June 30, 2026…
•The increase in Non-interest expense was primarily driven by increases in Salaries and employee benefits and Technology and information systems, partially offset by a decrease in Professional services. The increase in Salaries and employee benefits was primarily due to an increase in average headco…
The six months ended June 30, 2026 compared with the six months ended June 30, 2025. We reported Net income available to common shareholders of $11.9 million for the six months ended June 30, 2026, compared to $6.7 million of Net income available to common shareholders for the six months ended June …
•The increase in Net interest income was driven by a 22 basis point increase in net interest margin and an increase in average interest-earning assets. The increase in net interest margin was primarily due to a 25 basis point decrease in total cost of funds as a result of reducing deposit rates comm…
•The decrease in Provision for credit losses was primarily driven by a release of provision for credit losses in the six months ended June 30, 2026 versus a provision for credit losses in the six months ended June 30, 2025. The release of provision for credit losses in the six months ended June 30, …
Text removed vs the prior filing · source: 10-Q · 2026-05-01
•The decrease in Provision for credit losses was primarily attributable to a credit event resolution on an individually analyzed loan, partially offset by loan growth.
•The increase in Non-interest expense was primarily driven by an increase in Salaries and employee benefits due to salary increases and an increase in bonus accruals as a result of improved earnings, partially offset by a decrease in Occupancy and equipment expense primarily due to a decrease in var…
•The decrease in Non-interest income was primarily driven by decreases in Net gain on other real estate owned due to the sale of two OREO properties in the first quarter of 2025 at a net gain, Other primarily due to changes in interest rate swap fair values, and Net gain on loans held for sale, part…
The three months ended March 31, 2026 compared with the three months ended March 31, 2025. For the three months ended March 31, 2026, Net interest income, before Provision for credit losses, was $20.9 million, an increase of $3.4 million, or 19.7%, compared to the three months ended March 31, 2025. …
Total interest and dividend income increased $3.9 million, or 10.5%, during the three months ended March 31, 2026 compared to the same period in 2025, primarily due to a $300 million increase in average interest-earning assets, partially offset by a 3 basis point decrease in the average interest-ear…
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