LOB.PA — what changed in the latest 10-Q
A section-by-section comparison of LOB.PA'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 · 2026-08-04 vs the prior 10-Q · 2026-05-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +31 | −15 | ~46 | 59 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~4 | 5 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 10 |
| Legal proceedings | Text added/removed | 0 | 0 | ~1 | 0 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +1 | −3 | 0 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
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 · 2026-08-04
•Decrease in other noninterest expense of $3.3 million, or 54.0%, principally due to a loss associated with a bioenergy lease in 2025.
Six months ended June 30, 2026 compared with six months ended June 30, 2025
For the six months ended June 30, 2026, the Company reported net income attributable to common shareholders of $62.6 million, or $1.35 per diluted share, compared to net income attributable to common shareholders of $33.1 million, or $0.72 per diluted share, for the six months ended June 30, 2025.
The increase in net income was largely due to the following items:
•Provision for credit losses decreased by $6.3 million, or 12.1%, to $45.9 million, compared to $52.2 million for the first half of 2025;
Text removed vs the prior filing · source: 10-Q · 2026-05-05
•Provision for credit losses decreased by $8.9 million, or 30.6%, to $20.1 million, compared to $29.0 million for the first quarter of 2025;
In March 2026, the Federal Reserve decided to maintain the federal funds upper target rate at 3.75%. The Federal Reserve released its most current federal funds target rate midpoint projections at its previous meeting in March 2026 which implied a decrease of approximately 25 basis points to 3.4% by…
For the first quarter of 2026, there was a provision for credit losses of $20.1 million compared to $29.0 million for the same period in 2025, a decrease of $8.9 million. The decrease over the first quarter of 2025 was primarily driven by lower levels of specific reserves required on individually ev…
Net charge-offs for loans and leases carried at historical cost were$18.6 million, or 0.63% of average quarterly loans and leases held for investment, carried at historical cost, on an annualized basis, for the three months ended March 31, 2026, compared to net charge-offs of $6.8 million, or 0.27%,…
For the three months ended March 31, 2026, noninterest income increased by $3.7 million, or 16.6%, compared to the three months ended March 31, 2025. Principal changes when compared with the first quarter of 2025 are a $1.2 million decrease in loss related to the servicing asset revaluation combined…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-04
(c) Insider Trading Arrangements. During the quarter ended June 30, 2026, none of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted, modified, or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement, as such terms are defined in I…
Text removed vs the prior filing · source: 10-Q · 2026-05-05
(c) Rule 10b5-1 Trading Arrangements. Gregory W. Seward, who serves as General Counsel of the Company, entered into a prearranged stock trading plan on February 27, 2026. Mr. Seward’s plan provides for the sale of up to 12,000 shares of his holdings of the Company’s voting common stock, no par value…
William L. Williams, III, who serves as the Vice Chairman of our Board of Directors, entered into a prearranged stock trading plan on March 12, 2026. Mr. Williams’s plan provides for the sale of up to 50,000 shares of his holdings of the Company’s voting common stock, no par value per share, in amou…
Non-Rule 10b5-1 Trading Arrangements. During the quarter ended March 31, 2026, none of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted, modified, or terminated a non-Rule 10b5-1 trading arrangement as such terms are defined in Item 408 of Regulation S-K.
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