PFSB — what changed in the latest 10-Q
A section-by-section comparison of PFSB'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 · 2026-11-05 vs the prior 10-Q · 2026-08-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +31 | −28 | ~19 | 50 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| 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.
Not shown (absent or not faithfully extractable): Risk factors
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 · 2026-11-05
Total Assets. Total assets decreased $2.5 million, or 1.2%, from $206.9 million at December 31, 2025 to $204.4 million at September 30, 2026. The decrease was primarily comprised of decreases in available-for-sale securities of $8.9 million and held-to-maturity securities of $2.2 million partially o…
The following table presents the effects of changing rates and volumes on our net interest income for the periods indicated. The rate column shows the effects attributable to changes in rate (changes in rate multiplied by prior volume). The volume column shows the effects attributable to changes in …
Comparison of Operating Results for the Three Months Ended September 30, 2026 and 2025
Interest and Dividend Income. Interest and dividend income for the three months ended September 30, 2026 increased by $136,000, or 5.9%, from $2.3 million for the three months ended September 30, 2025 to $2.4 million for the three months ended September 30, 2026. This increase is a result of a $189,…
The average balance of loans during the three months ended September 30, 2026, increased by $7.6 million or 7.1%, from the average balance for the three months ended September 30, 2025, while the average yield on loans increased to 5.93% for the three months ended September 30, 2026, from 5.64% for …
Text removed vs the prior filing · source: 10-Q · 2026-08-05
Total Assets. Total assets increased $1.1 million, or 0.5%, from $206.9 million at December 31, 2025 to $208.0 million at June 30, 2026. The increase was primarily comprised of increases in cash and cash equivalents of $4.0 million and in loans of $2.7 million while available-for-sale securities dec…
Comparison of Operating Results for the Three Months Ended June 30, 2026 and 2025
Interest and Dividend Income. Interest and dividend income for the three months ended June 30, 2026 increased by $99,000, or 4.3%, from $2.3 million for the three months ended June 30, 2025 to $2.4 million for the three months ended June 30, 2026. This increase is a result of a $182,000, or 12.8%, i…
The average balance of loans during the three months ended June 30, 2026, increased by $8.1 million or 8.0%, from the average balance for the three months ended June 30, 2025, while the average yield on loans increased to 5.83% for the three months ended June 30, 2026, from 5.58% for the three month…
The average balance of available-for-sale debt securities decreased by $6.1 million, or 8.6%, to $64.2 million for the three months ended June 30, 2026, from $70.3 million for the three months ended June 30, 2025, while the average yield on available-for-sale debt securities increased to 3.32% for t…
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