NBHC — what changed in the latest 10-Q
A section-by-section comparison of NBHC'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 · 2026-05-07 vs the prior 10-Q · 2025-10-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +104 | −108 | ~54 | 63 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 0 |
| Controls & procedures | Text added/removed | +2 | −1 | ~1 | 0 |
| Legal proceedings | Text added/removed | +1 | −1 | 0 | 0 |
| 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 · 2026-05-07
The Company closed the acquisition of Vista on January 7, 2026, which further strengthens the Company’s presence in the high-growth Dallas-Ft. Worth, Austin, and Lubbock, Texas markets. The acquisition added $1.9 billion in total loans and $2.2 billion in total deposits. The merger consideration tot…
During the first quarter of 2026, the Company generated record loan fundings of $805.5 million driving annualized loan growth of 12.4% on top of $1.9 billion in loans added in January 2026 from the Vista acquisition.
Enhanced shareholder returns by increasing the quarterly dividend by 3% to $0.32 per share and executed $16.1 million of share buybacks during the first quarter.
Received Moody’s long-term issuer rating of Baa2, and a Baseline Credit Assessment of Baa1 and initiated on-going monitoring by Moody’s.
In February 2026, the Company closed a public offering of $150.0 million aggregate principal amount of 5.875% fixed-to-floating rate subordinated notes. The offering was increased to $150.0 million from a $100.0 million initial transaction given strong investor demand from a high-quality institution…
Text removed vs the prior filing · source: 10-Q · 2025-10-29
On September 15, 2025, the Company entered into an Agreement and Plan of Merger (the “merger agreement”) with Vista and Bryan Wick, solely in his capacity as the shareholders’ representative. The merger agreement provides that, upon the terms and subject to the conditions set forth therein, (a) Vist…
The Company continued to invest in digital solutions for our clients, through our financial ecosystem 2UniFi, that launched in July 2025. We believe 2UniFi will increase access to financial services while reducing the costs of banking for small- and medium-sized businesses. In conjunction with the c…
In July 2025, the Company announced a strategic partnership and investment with Nav, a leading credit and financial health platform for small business owners offering a suite of tools to help entrepreneurs access, monitor, and build their business credit. Nav will support 2UniFi through integration …
During the nine months ended September 30, 2025, the Company repurchased 359,300 shares of common stock for $13.0 million at a weighted average price per share of $36.28 as part of our capital strategy.
Net income increased $2.9 million to $93.5 million, or $2.43 per diluted share, for the nine months ended September 30, 2025, compared to net income of $90.6 million, or $2.36 per diluted share, for the nine months ended September 30, 2024. Adjusting for $1.3 million of acquisition-related expenses,…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-07
On January 7, 2026, the Company completed the acquisition of Vista. The Company is in the process of incorporating Vista’s internal controls and procedures into its internal controls over financial reporting.
Other than mentioned above, there were no changes made in the Company’s internal controls over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over fi…
Text removed vs the prior filing · source: 10-Q · 2025-10-29
During the most recently completed fiscal quarter, there were no changes made to our internal controls over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) that have materially affected, or are reasonably likely to materially affect, our internal control over…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-05-07
From time to time, we are a party to ordinary routine litigation matters incidental to the conduct of our business. We are not presently party to any legal proceedings the resolution of which we believe would have a material adverse effect on our business, prospects, financial condition, liquidity, …
Text removed vs the prior filing · source: 10-Q · 2025-10-29
From time to time, we are a party to various litigation matters incidental to the conduct of our business. We are not presently party to any material pending legal proceedings the resolution of which we believe would have a material adverse effect on our business, prospects, financial condition, liq…
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