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What changed 10-Q
Item 1A. Risk Factors
2020-11-09 compared with 2020-08-07 · 1 added, 1 removed, 38 unchanged (5% of the section changed)
22 unchanged sentences
Any increases in the allowance for credit losses will result in a decrease in net income and, most likely, capital, and may have a material negative effect on our financial condition and results of operations.
−Removed: As of June 30, 2020, we held and serviced a portfolio of 782 PPP loans totaling $73.1 million.
+Added: As of September 30, 2020, we held and serviced a portfolio of 909 PPP loans totaling $74.8 million.
PPP loans are subject to the provisions of the CARES Act and to complex and evolving rules and guidance issued by the SBA and other government agencies.
14 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.