WTBA — what changed in the latest 10-Q
A section-by-section comparison of WTBA'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 · 2026-04-23 vs the prior 10-Q · 2025-10-23
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +28 | −37 | ~17 | 28 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 4 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | 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.
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 · 2026-04-23
Total loans outstanding decreased $10,052, or 0.3 percent, to $2,991,638 during the first three months of 2026. The credit quality of the loan portfolio remained pristine, as evidenced by the Company's ratio of nonperforming loans to total assets of 0.00 percent as of both March 31, 2026 and Decembe…
On a quarterly basis, the Company compares three key performance metrics to those of our identified peer group. The peer group for 2026 consists of 20 Midwestern, publicly traded financial institutions, including Ames National Corporation, Bank First Corporation, Bridgewater Bancshares Inc., CF Bank…
As of and for the three months ended March 31, 2026As of and for the year ended December 31, 2025As of and for the year ended December 31, 2025
Interest expense on deposits decreased $2,162 for the three months ended March 31, 2026, compared to the three months ended March 31, 2025. The decrease in the interest expense on deposits was primarily due to the decline in interest rates paid on deposits of 40 basis points for the three months end…
Interest expense on borrowed funds decreased $113 for the three months ended March 31, 2026 compared to the three months ended March 31, 2025. The average balance of borrowed funds decreased $16,236 for the three months ended March 31, 2026 compared to the three months ended March 31, 2025. The larg…
Text removed vs the prior filing · source: 10-Q · 2025-10-23
Three Months Ended September 30,Nine Months Ended September 30,
Net income for the nine months ended September 30, 2025 was $25,135, or $1.48 per diluted common share, compared to $16,953, or $1.00 per diluted common share, for the nine months ended September 30, 2024. The Company's annualized return on average assets and return on average equity for the nine mo…
Net interest income for the nine months ended September 30, 2025 increased $12,835, or 24.7 percent, compared to the nine months ended September 30, 2024. The increase in net interest income was primarily due to increases in interest income on deposits with banks and securities purchased under agree…
Noninterest income increased $152 for the nine months ended September 30, 2025 compared to the same period in 2024. Noninterest expense increased $2,144 during the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024, primarily due to increases in salaries and em…
Total loans outstanding increased $4,028, or 0.1 percent, to $3,008,888 during the first nine months of 2025. The credit quality of the loan portfolio remained pristine, as evidenced by the Company's ratio of nonperforming loans to total assets of 0.00 percent as of both September 30, 2025 and Decem…
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