5 unchanged sentences
The future determination of our dividend policy will be made at the discretion of our Board of Directors and will depend on a number of factors, including our earnings and financial condition, liquidity and capital requirements, the general economic and regulatory climate, our ability to service any equity or debt obligations senior to our common stock, and other factors deemed relevant by our Board of Directors.
+Added: The Company (i.e., the company on an unconsolidated basis) is a separate and distinct legal entity from the Bank, and a substantial portion of the revenues the Company receives consists of dividends from the Bank.
+Added: These dividends are the primary funding source for the dividends we pay on our common stock and the interest and principal payments on our debt.
+Added: Various federal and state laws and regulations limit the amount of dividends that a bank may pay to its parent company.
+Added: If the Bank is unable to pay dividends to the Company, we might not be able to service our debt, pay our obligations, or pay dividends on our common stock.
+Added: For further information see “Supervision and Regulation—Dividends.”
There were no sales of unregistered securities during the quarter ended December 31, 2025.
−Removed: On October 5, 2023, the Company announced that the Board of Directors approved a share repurchase program.
−Removed: Under the repurchase program, the Company may repurchase up to 366,050 shares of its common stock, or approximately 5% of its then outstanding shares.
−Removed: The timing and amount of purchases will be dictated by a number of factors.
−Removed: Under the share repurchase program, repurchases will be made from time to time by the Company in the open market as conditions allow, or in privately negotiated transactions.
−Removed: The Company has not made any repurchases of its common stock under the program through the filing date of this Annual Report on Form 10-K.
+Added: The following table presents the information regarding purchases of common stock during the three months ended December 31, 2025:
+Added: Total number of
+Added: Maximum number
+Added: shares purchased
+Added: of shares that may
+Added: as part of publicly
+Added: yet be purchased
+Added: announced plans or
+Added: under the plans or
+Added: November 2025
+Added: December 2025
+Added: In October 2023, the Company announced the adoption of a new share repurchase program of up to 366,050 shares of its common stock, or approximately 5% of its then outstanding shares.
+Added: The repurchase program permits shares to be repurchased in the open market as conditions allow, or in privately negotiated transactions.
+Added: As of December 31, 2025, 284,075 shares remained available for repurchase under the program.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.