TMP — what changed in the latest 10-Q
A section-by-section comparison of TMP'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 · 2026-10-30 vs the prior 10-Q · 2026-07-31
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +25 | −25 | ~56 | 28 |
| Market risk (Item 3) | Text added/removed | +1 | 0 | ~4 | 5 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
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): 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 · 2026-10-30
The provision for credit losses was $3.0 million for the three months ended September 30, 2026, compared to $2.5 million for the same period in 2025. For the nine months ended September 30, 2026, the provision for credit losses was $6.0 million compared to $10.6 million for the same period in 2025. …
Net interest margin of 3.65% for the third quarter of 2026 was up 7 basis points over the net interest margin of 3.58% for the second quarter of 2026, primarily driven by higher yields on average interest-earning assets and growth in average loan balances. The average cost of interest-bearing liabil…
The third quarter and year-to-date periods in 2025 included TIA-related salaries and wages and other employee benefits expenses of $6.1 million and $18.2 million, respectively; as well as other noninterest expenses of $1.4 million and $4.3 million, respectively.
For the three and nine months ended September 30, 2026, salaries and wages and other employee benefits decreased $3.8 million, or 11.3%, and $11.8 million, or 11.9%, respectively, for the three and nine months ended September 30, 2026, respectively. These decreases were partially offset by annual me…
The provision for income taxes was $9.1 million for an effective rate of 24.1% for the third quarter of 2026, compared to a tax provision of $7.4 million and an effective rate of 23.9% for the same quarter in 2025. For the first nine months of 2026, the provision for income taxes was $26.7 million f…
Text removed vs the prior filing · source: 10-Q · 2026-07-31
The provision for credit losses was $1.5 million for the three months ended June 30, 2026, compared to $2.8 million for the same period in 2025. For the six months ended June 30, 2026, the provision for credit losses was $3.0 million compared to $8.1 million for the same period in 2025.
The quarterly net interest margin of 3.58% for the second quarter of 2026 was up 1 basis point over the net interest margin of 3.57% for the first quarter of 2026, as increased average earning asset yields were partially offset by higher average cost of interest-bearing liabilities, driven by season…
Noninterest expense for the second quarter and year-to-date periods in 2025 included the following expenses related to TIA: salaries and wages and other employee benefits of $6.2 million and $12.1 million, respectively, and other expenses of $1.5 million and $2.9 million, respectively. For the three…
The provision for income taxes was $9.2 million for an effective rate of 24.0% for the second quarter of 2026, compared to a tax provision of $6.8 million and an effective rate of 24.0% for the same quarter in 2025. For the first six months of 2026, the provision for income taxes was $17.6 million f…
Total assets were $8.8 billion at June 30, 2026, up $133.3 million or 1.5% from December 31, 2025. Cash and cash equivalents were up $14.9 million or 11.3%, total loans were up $150.9 million or 2.3%, total securities were up $11.0 million or 0.7% and loans held for sale were down $43.4 million comp…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-10-30
balanced over short, intermediate, and longer-term products. As intermediate and longer-term assets continue to reprice/adjust into higher rate environment and funding costs stabilize, the simulation shows net interest income would be expected to trend upwards.
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