UWHR — what changed in the latest 10-Q
A section-by-section comparison of UWHR'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 · 2026-08-11 vs the prior 10-Q · 2026-05-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +19 | −7 | ~24 | 14 |
| 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 |
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, 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 · 2026-08-11
Equity securities increased by $575,000 at June 30, 2026, compared to December 31, 2025, primarily due to the Company’s participation in Visa Inc.’s exchange offer described in Note 5 of the Notes to Consolidated Financial Statements (Unaudited) included in Item 1 of this Report. The Company receive…
Other changes in the Company’s consolidated assets are primarily related to premises and equipment, which increased by $2.0 million from $14.7 million at December 31, 2025 to $16.7 million at June 30, 2026 related to construction expenses for a new branch in Mount Pleasant, North Carolina, which wil…
The Company places significant emphasis on diversification of revenue sources rather than relying solely upon interest income. Total noninterest income increased by $961,000 for the three-month period ended June 30, 2026, as compared to the same period in 2025. The increase in noninterest income was…
Noninterest expense for the three months ended June 30, 2026 increased by $683,000 compared to the same period in 2025. Salaries and benefits, the largest component of noninterest expense, increased by $262,000 due to higher wages and benefit costs during the three months ended June 30, 2026. Market…
Results of Operations for the Six Months Ended June 30, 2026 and 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-05
The unrealized gain on equity securities increased by $21,000 during the first three months of the year, resulting in a fair value of $324,000 at March 31, 2026, compared to $303,000 at December 31, 2025.
Other changes in the Company’s consolidated assets are primarily related to deferred tax assets, which increased by $471,000 from $6.8 million at December 31, 2025 to $7.3 million at March 31, 2026 as a result of the decline in fair value of the available for sale securities portfolio. Premises and …
The Company places significant emphasis on diversification of revenue sources rather than relying solely upon interest income. Total noninterest income increased by $578,000 for the three-month period ended March 31, 2026, as compared to the same period in 2025. The gain on sale of securities increa…
Noninterest expense for the three months ended March 31, 2026 increased by $767,000 compared to the same period in 2025. Salaries and benefits, the largest component of noninterest expense, increased by $462,000 due to wage and benefit increases and increased commissions related to higher mortgage p…
The Company’s allowance for credit losses on loans is established through charges to earnings in the form of a provision for credit losses. The allowance is increased by provisions charged to operations and recoveries of amounts previously charged off and is reduced by recovery of provisions and loa…
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