CBKM — what changed in the latest 10-K
A section-by-section comparison of CBKM'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-K · 2026-09-10 vs the prior 10-K · 2025-09-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| Business | Text added/removed | +1 | 0 | ~12 | 23 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 6 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| MD&A | Text added/removed | +16 | −16 | ~33 | 46 |
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 7A)
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
Business
Text added vs the prior filing · source: 10-K · 2026-09-10
In November 2025, the FDIC adopted amendments to Part 363, Annual Independent Audits and Reporting Requirements, that became effective January 1, 2026. Among other changes, the amendments increased the threshold for internal control over financial reporting requirements from $1 billion to $5 billion…
MD&A
Text added vs the prior filing · source: 10-K · 2026-09-10
new investments in existing markets may prove less profitable or develop more slowly than expected;
the effects of, and changes in, trade, tariff policies, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board;
changes in consumer spending, borrowing, and savings habits;
a $990 provision for credit losses on loans and a $205 provision for credit losses on unfunded commitments were recorded during fiscal year 2026 compared with a $1,137 provision for credit losses on loans and a $10 provision for credit losses on unfunded commitments that were recorded during fiscal …
Interest expense for fiscal year 2026 was $19,649, an increase of $707 from fiscal year 2025. Interest expense increased because of a $68,627, or 8.6% increase in average interest-bearing liabilities. The increased expense due to volume was partially offset by a decline in the cost of time deposits …
Text removed vs the prior filing · source: 10-K · 2025-09-05
the effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board;
a $1,137 provision for credit losses on loans and a $10 provision for credit losses on unfunded commitments were recorded during fiscal year 2025 compared with a $556 provision for credit losses on loans and a $63 provision for credit losses on unfunded commitments that were recorded during fiscal y…
Interest expense for fiscal year 2025 was $18,942, an increase of $1,716 from fiscal year 2024. Interest expense increased primarily because of an increase in the cost of savings deposits, which includes money market accounts that have seen the largest increase in rates. Also, interest expense was i…
A provision for credit losses on loans of $1,137 was recorded in fiscal year 2025 compared with $556 in fiscal year 2024. The increase in the provision for expected credit losses on loans recorded in fiscal year 2025 was primarily due to the organic growth and a change in loan mix within the loan po…
For fiscal year 2025, net charge-offs of $597, or 0.07% of total loans, were recorded compared with $402, or 0.05% of total loans, for the same period last year. The allowance for credit losses as a percentage of loans was 1.04% at June 30, 2025 and 2024. The allowance for credit losses as a percent…
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