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 · 2026-11-03 vs the prior 10-Q · 2026-08-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +48 | −38 | ~87 | 103 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| 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 | +1 | −7 | 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 · 2026-11-03
For the three months ended September 30, 2026, net loss totaled $8.7 million, or $0.20 loss per diluted share, compared to net income of $35.3 million, or $0.92 earnings per diluted share, for the three months ended September 30, 2025. Current quarter results were negatively impacted by $40.6 millio…
Net income totaled $38.5 million, or $0.84 per diluted share, for the nine months ended September 30, 2026, compared to net income of $93.5 million, or $2.43 per diluted share, for the nine months ended September 30, 2025. Adjusted net income, excluding acquisition and restructuring charges of $32.3…
Pre-provision net revenue FTE totaled $99.4 million and $129.0 million for the nine months ended September 30, 2026 and 2025, respectively. Excluding acquisition and restructuring charges, adjusted pre-provision net revenue FTE increased $10.6 million, or 8.1%, to $141.4 million for the nine months …
On October 24, 2026, NBH Bank (the “Bank”) entered into a definitive agreement to sell its Palm Beach, Florida banking center location, including the banking center’s loans and deposits. The sale is expected to result in a reduction of the Bank’s total assets of approximately $0.2 billion, including…
Expanded fully taxable equivalent net interest margin to 4.00% for the three and nine months ended September 30, 2026.
Text removed vs the prior filing · source: 10-Q · 2026-08-05
The Company generated record loan fundings of $926.9 million in the second quarter of 2026, and year-to-date annualized organic loan growth totaled 9.7%.
Enhanced shareholder returns by executing $27.2 million of share buybacks for the six months ended June 30, 2026.
Net income totaled $47.3 million, or $1.04 per diluted share, for the six months ended June 30, 2026, compared to net income of $58.3 million, or $1.51 per diluted share, for the six months ended June 30, 2025. During the six months ended June 30, 2026, acquisition and restructuring charges totaled …
Pre-provision net revenue FTE totaled $68.5 million and $85.4 million for the six months ended June 30, 2026 and 2025, respectively. Excluding acquisition and restructuring charges, adjusted pre-provision net revenue FTE increased $9.9 million, or 11.5%, to $95.3 million for the six months ended Jun…
The return on average assets totaled 0.78% and 1.19% for the six months ended June 30, 2026 and 2025, respectively. Excluding acquisition and restructuring charges, the adjusted return on average tangible assets totaled 1.23% for the six months ended June 30, 2026, compared to 1.29% for the same per…
Other information
Text added vs the prior filing · source: 10-Q · 2026-11-03
During the nine months ended September 30, 2026, no director or officer (as defined in Rule 16a-1(f) under the Exchange Act) of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of Regulation S-K.
Text removed vs the prior filing · source: 10-Q · 2026-08-05
On August 4, 2026, the Company and John Steinmetz, Executive Vice Chair and Executive Managing Director of Strategic Initiatives at NBH Bank, mutually agreed that Mr. Steinmetz would transition from his role as an employee and officer of the Company, effective August 5, 2026, and be engaged to serve…
Under the Consulting Agreement, Mr. Steinmetz will provide strategic advice, business transition support, relationship management assistance and advisory support to the Company through December 31, 2027, unless terminated earlier pursuant to its terms (the “Consulting Period”). The Consulting Agreem…
disparagement, confidential information, nonsolicitation and noncompetition contained in his employment agreement through the Consulting Period and for a specified period thereafter.
Pursuant to the Release, in exchange for a release of all claims, Mr. Steinmetz will receive a lump sum cash payment equal to $1,720,000 and, if Mr. Steinmetz elects to continue his health insurance coverage, payment of premiums for him and his dependents through the Consulting Period. The restricte…
The foregoing descriptions of the Consulting Agreement and Release are qualified in their entirety by reference to the full text of such agreements filed as Exhibits 10.2 and 10.3 attached hereto.
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