JUVF — what changed in the latest 10-Q
A section-by-section comparison of JUVF'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 · 2026-05-13
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +33 | −9 | ~37 | 54 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| 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): Market risk (Item 3)
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 as of June 30, 2026 were $918.9 million, an increase of $23.7 million, or 2.6%, compared to total assets of $895.3 million at December 31, 2025. Cash and cash equivalents increased by $2.6 million, or 22.3%, as of June 30, 2026 compared to December 31, 2025, while total debt securities …
The Company estimates expected credit losses over a reasonable and supportable four-quarter forecast period using Federal Open Market Committee (“FOMC”) estimates for real GDP and unemployment rate. For periods beyond the forecast period, management has elected to revert to historical loss experienc…
In addition to the quantitative analysis, a qualitative analysis is performed each quarter to determine additional general reserves on loan portfolios that are not individually analyzed for several factors. The overall qualitative factors are based on the following risk factors:
Net income for the three months ended June 30, 2026 was $2.5 million, an increase of $611,000, or 32.0%, compared to the three months ended June 30, 2025. Both basic and diluted earnings per share were $0.50 for the three months ended June 30, 2026 compared to both basic and diluted earnings per sha…
Annualized return on average assets for the three months ended June 30, 2026 was 1.11 %, compared to the annualized return on average assets of 0.89% for the same period in 2025. For the three months ended June 30, annualized return on average equity was 16.51% in 2026 compared to 15.01% in the 2025…
Text removed vs the prior filing · source: 10-Q · 2026-05-13
Total assets as of March 31, 2026 were $901.9 million, an increase of $6.6 million, or 0.7%, compared to total assets of $895.3 million at December 31, 2025. This increase was primarily due to an $8.7 million, or 1.5%, increase in total loans as of March 31, 2026 compared to December 31, 2025, with …
probability of default/loss given default (“PD/LGD”) and prepayment speed to establish the ACL. The prepayment and curtailment studies are updated quarterly by a third-party for each applicable portfolio segment.
The Company estimates expected credit losses over a reasonable and supportable four-quarter forecast period using Federal Open Market Committee (“FOMC”) estimates for real GDP and unemployment rate. For periods beyond the forecast period, management has elected to revert to historical loss experienc…
In addition to the quantitative analysis, a qualitative analysis is performed each quarter to determine additional general reserves on loan portfolios that are not individually analyzed for various factors. The overall qualitative factors are based on the following risk factors:
Comparison of the Three Months Ended March 31, 2026 and 2025
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