PKBK — what changed in the latest 10-Q
A section-by-section comparison of PKBK'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 · 2026-05-06 vs the prior 10-Q · 2025-11-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +5 | −12 | ~27 | 19 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Legal proceedings | Text added/removed | 0 | 0 | ~2 | 3 |
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): Market risk (Item 3), Risk factors, 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 · 2026-05-06
Provision for credit losses: For the three months ended March 31, 2026, the provision for credit losses was $0.2 million, compared to a provision for credit losses of $0.6 million for the three months ended March 31, 2025, a decrease of $0.4 million. The decrease in the provision for credit losses f…
Income Tax: Income tax expense was $3.7 million on income before taxes of $15.6 million for the three months ended March 31, 2026, resulting in an effective tax rate of 23.9%, compared to income tax expense of $2.5 million on income before taxes of $10.3 million for the same period of 2025, resultin…
At March 31, 2026, the Company’s total assets were $2.21 billion, a decrease of $36.5 million, or 1.60%, from December 31, 2025. The decrease in total assets was primarily attributable to a decrease in cash and cash equivalents of $46.0 million, partially offset by an increase in net loans of $7.8 m…
Total liabilities were $1.88 billion at March 31, 2026. This represented a $47.5 million, or 2.5%, decrease, from $1.92 billion at December 31, 2025. The decrease in total liabilities was primarily due to a decrease in total deposits of $59.9 million, or 3.4%, to $1.70 billion at March 31, 2026, par…
At March 31, 2026, total deposits decreased to $1.70 billion from $1.76 billion at December 31, 2025, a decrease of $59.9 million, or 3.4%. The decrease in deposits was primarily due to a decrease in time deposits of $38.0 million, of which $14.0 million were brokered deposits, $32.4 million of noni…
Text removed vs the prior filing · source: 10-Q · 2025-11-05
Provision for credit losses: For the three months ended September 30, 2025, the provision for credit losses was $0.4 million, compared to a recovery of provision for credit losses of $0.1 million for the three months ended September 30, 2024, an increase of $0.5 million. The increase in the provisio…
Income Tax: Income tax expense was $2.9 million on income before taxes of $13.5 million for the three months ended September 30, 2025, resulting in an effective tax rate of 21.2%, compared to income tax expense of $1.9 million on income before taxes of $9.4 million for the same period of 2024, resul…
Nine Months Ended September 30, 2025 Compared to Nine Months Ended September 30, 2024
Net Income: Our net income available to common shareholders for the nine months ended September 30, 2025 increased $6.6 million, or 32.7%, to $26.7 million, compared to $20.1 million for the nine months ended September 30, 2024. Earnings per share were $2.26 per basic common share and $2.23 per dilu…
Net Interest Income: Our net interest income was $54.6 million for the nine months ended September 30, 2025 compared to $43.1 million for the nine months ended September 30, 2024, an increase of $11.6 million, or 26.8%. Net interest income increased during the nine months ended September 30, 2025, p…
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