WABC — what changed in the latest 10-Q
A section-by-section comparison of WABC'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 · 2026-08-05 vs the prior 10-Q · 2026-05-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +7 | −2 | ~30 | 89 |
| Market risk (Item 3) | Text added/removed | +7 | −2 | ~30 | 88 |
| Controls & procedures | Text added/removed | +7 | −2 | ~30 | 88 |
| Legal proceedings | Text added/removed | +7 | −2 | ~30 | 88 |
| Risk factors | Text added/removed | +7 | −2 | ~30 | 88 |
| Other information | Text added/removed | +7 | −2 | ~30 | 88 |
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 · 2026-08-05
Debt securities held to maturity, net of allowance for credit losses of
Net Cash (Used in) Provided by Investing Activities (138,675 ) 322,803
Cash and Due from Banks at Beginning of Period 567,801 601,494
There were no construction loans outstanding at June 30, 2026 and December 31, 2025.
The allowance for credit losses for commercial loans decreased in the three and six months ended June 30, 2026 primarily due to a decrease in estimated future credit losses and declining balances. The allowance for credit losses for consumer installment and other loans increased in the three and six…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Net Interest and Fee Income After Reversal of Provision for Credit Losses
Adjustments to reconcile net income to net cash provided by operating activities:
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-05
Debt securities held to maturity, net of allowance for credit losses of
Net Cash (Used in) Provided by Investing Activities (138,675 ) 322,803
Cash and Due from Banks at Beginning of Period 567,801 601,494
There were no construction loans outstanding at June 30, 2026 and December 31, 2025.
The allowance for credit losses for commercial loans decreased in the three and six months ended June 30, 2026 primarily due to a decrease in estimated future credit losses and declining balances. The allowance for credit losses for consumer installment and other loans increased in the three and six…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Net Interest and Fee Income After Reversal of Provision for Credit Losses
Adjustments to reconcile net income to net cash provided by operating activities:
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-05
Debt securities held to maturity, net of allowance for credit losses of
Net Cash (Used in) Provided by Investing Activities (138,675 ) 322,803
Cash and Due from Banks at Beginning of Period 567,801 601,494
There were no construction loans outstanding at June 30, 2026 and December 31, 2025.
The allowance for credit losses for commercial loans decreased in the three and six months ended June 30, 2026 primarily due to a decrease in estimated future credit losses and declining balances. The allowance for credit losses for consumer installment and other loans increased in the three and six…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Net Interest and Fee Income After Reversal of Provision for Credit Losses
Adjustments to reconcile net income to net cash provided by operating activities:
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-05
Debt securities held to maturity, net of allowance for credit losses of
Net Cash (Used in) Provided by Investing Activities (138,675 ) 322,803
Cash and Due from Banks at Beginning of Period 567,801 601,494
There were no construction loans outstanding at June 30, 2026 and December 31, 2025.
The allowance for credit losses for commercial loans decreased in the three and six months ended June 30, 2026 primarily due to a decrease in estimated future credit losses and declining balances. The allowance for credit losses for consumer installment and other loans increased in the three and six…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Net Interest and Fee Income After Reversal of Provision for Credit Losses
Adjustments to reconcile net income to net cash provided by operating activities:
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-05
Debt securities held to maturity, net of allowance for credit losses of
Net Cash (Used in) Provided by Investing Activities (138,675 ) 322,803
Cash and Due from Banks at Beginning of Period 567,801 601,494
There were no construction loans outstanding at June 30, 2026 and December 31, 2025.
The allowance for credit losses for commercial loans decreased in the three and six months ended June 30, 2026 primarily due to a decrease in estimated future credit losses and declining balances. The allowance for credit losses for consumer installment and other loans increased in the three and six…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Net Interest and Fee Income After Reversal of Provision for Credit Losses
Adjustments to reconcile net income to net cash provided by operating activities:
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-05
Debt securities held to maturity, net of allowance for credit losses of
Net Cash (Used in) Provided by Investing Activities (138,675 ) 322,803
Cash and Due from Banks at Beginning of Period 567,801 601,494
There were no construction loans outstanding at June 30, 2026 and December 31, 2025.
The allowance for credit losses for commercial loans decreased in the three and six months ended June 30, 2026 primarily due to a decrease in estimated future credit losses and declining balances. The allowance for credit losses for consumer installment and other loans increased in the three and six…
Text removed vs the prior filing · source: 10-Q · 2026-05-08
Net Interest and Fee Income After Reversal of Provision for Credit Losses
Adjustments to reconcile net income to net cash provided by operating activities:
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