TFSL — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-06

• The following tables set forth the principal balance and interest yield as of June 30, 2026, for the portfolio of loans held for investment, by type of loan, structure and geographic location. Weighted average yields are based on principal balances as of June 30, 2026.

• Total Fixed-Rate Residential Mortgage loans7,083,193 43.7 4.29

• Because many variables are considered in determining the appropriate level of GVAs, directional changes in individual considerations do not always align with the directional change in the balance of a particular component of the GVA. During the three months ended June 30, 2026, management refined th…

• remained at 0.07% for both periods. Serious delinquencies increased in the home equity lines of credit portfolio to 0.04% of total net loans at June 30, 2026, from 0.03% at September 30, 2025. Serious delinquencies in the Home Today and home equity loan portfolios as compared to total net loans are …

• Other assets decreased $1.5 million, or 1.3%, to $110.2 million at June 30, 2026, from $111.7 million at September 30, 2025. The decrease was primarily the result of an $8.9 million decrease in the deferred tax asset, partially offset by a $7.4 million increase in prepaid expenses and other assets.

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• At March 31, 2026 and September 30, 2025, mortgage loans held for sale, all of which were long-term, fixed-rate first mortgage loans and substantially all of which were held for sale to Fannie Mae, totaled $5.1 million and $57.7 million, respectively.

• The following tables set forth the principal balance and interest yield as of March 31, 2026, for the portfolio of loans held for investment, by type of loan, structure and geographic location. Weighted average yields are based on principal balances as of March 31, 2026.

• Total Fixed-Rate Residential Mortgage loans6,780,953 43.0 4.18

• (1) The Residential Home Today charge-off total for the three months ended March 31, 2026 is a credit due to a reversal of a prior period charge-off..

• Because many variables are considered in determining the appropriate level of GVAs, directional changes in individual considerations do not always align with the directional change in the balance of a particular component of the GVA. The slight decrease in the allowance for credit losses applied to …

Text added vs the prior filing · source: 10-Q · 2026-08-06

• General. The Company's most significant form of market risk has historically been interest rate risk. In general, our assets, consisting primarily of mortgage loans, have longer maturities than our liabilities, consisting primarily of deposits and advances from the FHLB of Cincinnati. As a result, a…

• of our earnings and capital to changes in interest rates. Refer to the Overview section of Item 2 for additional discussion on how we manage interest rate risk.

• market value at the account level for each of the categories on the balance sheet whereas NII uses the month-end curve to compute interest income/expense at the account level for each of the categories on the balance sheet.

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• General. The Company's most significant form of market risk has historically been interest rate risk. In general, our assets, consisting primarily of mortgage loans, have longer maturities than our liabilities, consisting primarily of deposits and advances from the FHLB of Cincinnati. As a result, a…

• and performance objectives. Additionally, our Board of Directors has authorized the formation of an Asset/Liability Management Committee comprised of key operating personnel, which is responsible for managing this risk in a matter that is consistent with the tolerance limits approved by the Board of…