CSBA — what changed in the latest 10-Q
A section-by-section comparison of CSBA'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 · 2026-08-12 vs the prior 10-Q · 2026-06-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +19 | −7 | ~18 | 37 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~4 | 17 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
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
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 · 2026-08-12
Total Assets. Total assets increased $9.4 million, or 8.6%, to $119.6 million at June 30, 2026 from $110.2 million at December 31, 2025. The increase was primarily attributable to an increase in cash and cash equivalents resulting from the subscription funds received in connection with the Company's…
Cash and Due from Banks. Cash and due from banks increased $9.4 million, or 145.4%, to $15.8 million at June 30, 2026 from $6.4 million at December 31, 2025. The increase was primarily attributable to the subscription funds received in connection with the stock offering, which were being held in esc…
Loans, net. Loans decreased $686,000, or 0.7%, to $91.9 million at June 30, 2026 from $92.6 million at December 31, 2025. The decrease primarily reflected the continued runoff of the purchased BHG Financial consumer loan portfolio as scheduled repayments and payoffs exceeded new loan purchases. The …
Deposits. Deposits increased $12.2 million, or 14.9%, to $94.4 million at June 30, 2026 from $82.2 million at December 31, 2025. The increase was primarily attributable to the subscription funds received in connection with the stock offering that were deposited into an escrow account pending complet…
Non-Interest Income. Non-interest income decreased $9,000, or 19.6% to $37,000 for the three months ended June 30, 2026 from $46,000 for the three months ended June 30, 2025. It was primarily the result of a $5,000 decrease in gain on sale of loans.
Text removed vs the prior filing · source: 10-Q · 2026-06-29
Total Assets. Total assets increased $872,000, or 0.8%, to $111.1 million at March 31, 2026 from $110.2 million at December 31, 2025. The increase was primarily due to higher other assets, reflecting costs associated with the conversion and stock offering that are capitalized on the balance sheet un…
Cash and Due from Banks. Cash and due from banks increased $1.6 million, or 24.3%, to $8.0 million at March 31, 2026 from $6.4 million at December 31, 2025. The increase was primarily attributable to higher deposit balances and a reduction in loan balances during the quarter, resulting in higher on-…
Loans, net. Loans decreased $979,000, or 1.1%, to $91.6 million at March 31, 2026 from $92.6 million at December 31, 2025. The decrease was primarily due to a $2.0 million reduction in consumer and commercial loans purchased from Bankers Healthcare Group, LLC d/b/a BHG Financial as a result of payof…
Deposits. Deposits increased $988,000, or 1.2%, to $83.1 million at March 31, 2026 from $82.2 million at December 31, 2025. The increase was primarily attributable to a $1.3 million, or 2.7%, increase in certificates of deposit, partially offset by a $281,000, or 0.8%, decrease in demand deposits an…
Non-Interest Income. Non-interest income remained unchanged at $39,000 for the three months ended March 31, 2026 and 2025. A decrease of $1,000 in deposit fees was offset by a $1,000 increase in loan servicing fees, while income from bank-owned life insurance remained unchanged.
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