2 unchanged sentences
On October 20, 2025, the Board of Directors of the Company authorized the repurchase of up to $25.0 million of the Company's outstanding common stock from time to time on the open market or in privately negotiated transactions.
−Removed: Under the program, the Company repurchased 27,998 shares of common stock, at an average price of $18.64, for a total investment of $0.5 million as of March 31, 2026.
+Added: Under the program, the Company repurchased 27,998 shares of common stock, at an average price of $18.64, for a total investment of $0.5 million as of June 30, 2026.
The stock repurchase authorization is scheduled to expire on September 30, 2027.
−Removed: The following table presents information with respect to purchases of the Company’s common stock made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3), during the first quarter 2026.
+Added: The following table presents information with respect to purchases of the Company’s common stock made by or on behalf of the Company or any “affiliated purchaser,” as defined in Rule 10b-18(a)(3), during the second quarter 2026.
(dollars in thousands, except per share data)
3 unchanged sentences
Approximate Dollar Value Of Shares That May Yet Be Purchased Under The Program
−Removed: January 1, 2026 - January 31, 2026
+Added: April 1, 2026 - April 30, 2026
— $ — — $ 24,478
−Removed: February 1, 2026 - February 28, 2026
+Added: May 1, 2026 - May 31, 2026
— $ — — $ 24,478
−Removed: March 1, 2026 - March 31, 2026
+Added: June 1, 2026 - June 30, 2026
— $ — — $ 24,478
3 unchanged sentences
The ability of the Bank to pay dividends is further affected by the requirement to maintain adequate capital pursuant to applicable capital adequacy guidelines and regulations, and it is generally prohibited from paying any dividends if, following payment thereof, it would be undercapitalized.
−Removed: Notwithstanding the availability of funds for dividends, the FDIC and the DFI may prohibit the payment of dividends by the Bank if either or both determine such payment would constitute an unsafe or unsound practice.
+Added: Even if funds are available for dividends, the FDIC and the DFI may prohibit the payment of dividends by the Bank if either or both determine such payment would be unsafe or unsound.
In addition, under the Basel III Capital Rules, institutions that seek the freedom to pay dividends have to maintain 2.5% in Common Equity Tier 1 Capital attributable to the capital conservation buffer.
3 unchanged sentences
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.