VWFB 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2025-05-13

• Management’s discussion and analysis of financial condition and results of operations is intended to assist in understanding the Company’s consolidated financial condition at March 31, 2025 and consolidated results of operations for the three and nine months ended March 31, 2025 and 2024. It should …

• Cash and Due from Banks. Cash and due from banks decreased by $24.8 million, or -78.2%, to $6.9 million at March 31, 2025 from $31.6 million at June 30, 2024. The decrease was due primarily to funding purchases of investment securities and loan growth.

• Investment Securities. Investment securities increased $44.4 million, or 31.9%, to $183.8 million at March 31, 2025, from $139.3 million at June 30, 2024. Aggregate securities purchases of $91.3 million during the nine months ended March 31, 2025, were partially offset by $30.2 million of calls, mat…

• Management identified $19.6 million of fixed rate securities as sale candidates with a weighted average book yield of 1.68% and a weighted average maturity of 8.6 years. After performing an earn back analysis, management identified that at a modest reinvestment rate of 6%, reinvesting the cash proce…

• The $148,000 decrease in the fair value of the investment securities was primarily attributable to the variability in market interest rates. As market interest rates increase, the fair value of the securities decreases. The unrealized gains and losses are recorded to shareholders’ equity, net of tax…

相对上期删除的文字 · 来源:10-Q · 2025-02-13

• Management’s discussion and analysis of financial condition and results of operations is intended to assist in understanding the Company’s consolidated financial condition at December 31, 2024 and consolidated results of operations for the three and six months

• ended December 31, 2024 and 2023. It should be read in conjunction with the unaudited consolidated financial statements and the related notes appearing in Part I, Item 1, of this Quarterly Report on Form 10-Q.

• Cash and Due from Banks. Cash and due from banks decreased by $16.0 million, or -50.4%, to $15.7 million at December 31, 2024 from $31.6 million at June 30, 2024. The decrease was due primarily to the payoff of the overnight Cash Management Advance (“CMA”) line with FHLB at June 30, 2024, which was …

• Investment Securities. Investment securities increased $12.0 million, or 8.6%, to $151.3 million at December 31, 2024, from $139.3 million at June 30, 2024. Aggregate securities purchases of $48.8 million during the six months ended December 31, 2024, were partially offset by $20.2 million of calls,…

• The $166,000 increase in the fair value of the investment securities was primarily attributable to the variability in market interest rates. As market interest rates decrease, the fair value of the securities increases. The unrealized gains and losses are recorded to shareholders’ equity, net of tax…

相对上期删除的文字 · 来源:10-Q · 2025-02-13

• Company expects this work to allow the Company to develop and implement enhanced internal controls over financial reporting.