Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________________ FORM 10-Q ____________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________ to ___________________ Com ...

Financial Performance - Total revenue for the three months ended September 30, 2025, was $125.415 million, a 11.0% increase from $112.852 million in the same period of 2024 [49]. - Service revenue for the three months ended September 30, 2025, was $29.956 million, representing a 15.8% increase from $25.902 million in 2024 [49]. - The company’s total sales in the United States for the three months ended September 30, 2025, were $71.725 million, a 11.8% increase from $64.565 million in 2024 [51]. - Net income attributable to stockholders for Q3 2025 was $12,940,000, a decrease of 13.0% from $14,892,000 in Q3 2024 [74]. - Total revenue for Q3 2025 increased to $125,415,000, up 11.3% from $112,852,000 in Q3 2024 [77]. - Basic earnings per share for Q3 2025 was $0.47, down from $0.54 in Q3 2024 [74]. - Gross margin for Q3 2025 was $52,424,000, representing a gross margin percentage of 41.8%, compared to 42.4% in Q3 2024 [77]. - The unaudited pro forma revenue for the nine months ended September 30, 2025, including acquisitions, was $363,057,000, compared to $333,360,000 for the same period in 2024 [80]. Assets and Liabilities - Total property, plant, and equipment decreased from $17.735 million as of December 31, 2024, to $16.229 million as of September 30, 2025 [31]. - Goodwill increased from $44.126 million as of December 31, 2024, to $52.292 million as of September 30, 2025 [31]. - Intangible assets rose significantly from $34.562 million as of December 31, 2024, to $56.267 million as of September 30, 2025 [31]. - Finished goods inventory increased to $112.292 million as of September 30, 2025, compared to $89.556 million at the end of 2024, reflecting a 25.4% rise [56]. - Warranty liabilities increased from $0.7 million as of December 31, 2024, to $0.8 million as of September 30, 2025 [32]. - Contract liabilities increased to $5.009 million as of September 30, 2025, from $821,000 as of December 31, 2024 [48]. - The company reported a contingent liability of $25.103 million as of September 30, 2025, significantly up from $1.816 million at the end of 2024 [72]. Acquisitions and Investments - The company acquired a 76% interest in an entity conducting business in China on September 9, 2025 [40]. - The company completed acquisitions in 2025 for an aggregate purchase price of $48.7 million to expand its geographical footprint [78]. Compliance and Regulations - The company had no outstanding balances under its $125 million Credit Agreement as of September 30, 2025, and maintained compliance with all debt covenants [61]. - The company adopted ASU 2025-07 as of September 30, 2025, with no material impact on financial statements [33]. - The company is evaluating the impact of the One Big Beautiful Bill Act, expected to primarily affect deferred tax items [39]. Costs and Expenses - Personnel costs for Q3 2025 were $16,232,000, an increase of 23.6% from $13,153,000 in Q3 2024 [77]. Financial Risks - The company does not currently hedge its exposure to foreign currency translation adjustments, which may impact financial results [139]. - A hypothetical 200 basis point increase in variable interest rates could materially impact the company's financial statements [141]. Impairment and Allowances - As of September 30, 2025, accounts receivable allowances for expected credit losses were $0.1 million, down from $0.2 million as of December 31, 2024 [30]. - The company recognized no goodwill impairment during the three and nine months ended September 30, 2025 [28].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Commission file number 001-31220 COMMUNITY TRUST BANCORP, INC. (Exact name of registrant as specified in its charter) Kentucky 61-0979818 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) 346 North Mayo Trail P.O. Box 2947 Pikeville, Kentucky 41502 (Address of principal executive of ices) (Zip code) (606) 432-1414 (Registrant's telephone number) Securities registered pursuant to S ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Commission file number 001-41633 Burke & Herbert Financial Services Corp. (Exact name of registrant as specified in its charter) Virginia 92-0289417 (State or other jurisdiction of incorporation or organization) 100 S. Fairfax Street, Alexandria, Virginia 22314 (Address of principal executive offices) (Zip Code) 703-666-3555 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHA ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 Texas Roadhouse, Inc. (Exact name of registrant specified in its charter) Delaware 20-1083890 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification Number) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHA ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File number 001-38605 GREENLAND TECHNOLOGIES HOLDING CORPORATION (Exact name of registrant as specified in charter) British Virgin ...

Financial Performance - Net income for the three months ended September 30, 2025, was $6,659 thousand, a 40.5% increase compared to $4,743 thousand for the same period in 2024[14]. - Basic earnings per common share for the three months ended September 30, 2025, was $0.59, up from $0.43 for the same period in 2024, representing a growth of 37.2%[14]. - Total comprehensive income for the three months ended September 30, 2025, was $8,265,000, compared to $6,065,000 in 2024, reflecting an increase of 36.3%[16]. - For the nine months ended September 30, 2025, net income reached $14,650,000, up from $10,745,000 in 2024, indicating a growth of 36.5%[16]. - Income before income taxes for the three months ended September 30, 2025, was $8,673, a significant increase from $6,245 in the same period of 2024, representing a 39.0% growth[146]. Asset and Liability Growth - Total assets increased to $2,541,130 thousand as of September 30, 2025, up from $2,385,867 thousand at December 31, 2024, representing a growth of 6.5%[12]. - Total liabilities increased to $2,353,101 thousand as of September 30, 2025, compared to $2,214,345 thousand at December 31, 2024, reflecting a growth of 6.3%[12]. - Total stockholders' equity rose to $188,029 thousand as of September 30, 2025, compared to $171,522 thousand at December 31, 2024, indicating a growth of 9.6%[12]. - Total deposits increased to $2,131,116 thousand as of September 30, 2025, up from $2,005,368 thousand at December 31, 2024, reflecting a growth of 6.3%[12]. Credit Losses and Provisions - Provision for credit losses for the nine months ended September 30, 2025, was $11,865 thousand, compared to $7,828 thousand for the same period in 2024, indicating a 51.9% increase[14]. - The allowance for credit losses increased to $21,794 thousand as of September 30, 2025, from $18,438 thousand at December 31, 2024, an increase of 12.8%[12]. - The total allowance for credit losses (ACL) as of September 30, 2025, was $21,794 thousand, reflecting a provision for credit losses of $2,850 thousand during the quarter[63]. - The total charge-offs for credit losses amounted to $9,236 thousand, with recoveries of $524 thousand during the reporting period[66]. Non-Interest Income and Expenses - Non-interest income totaled $9,953 thousand for the three months ended September 30, 2025, slightly down from $10,831 thousand for the same period in 2024, a decrease of 8.1%[14]. - Non-interest expense for the nine months ended September 30, 2025, totaled $61,646, an increase of 6.5% from $57,738 in the same period of 2024[147]. - The bank's mortgage banking income for the three months ended September 30, 2025, was $5,914, a decrease of 8.7% from $6,474 in the same period of 2024[146]. - Wealth management income for the three months ended September 30, 2025, was $1,610, an increase from $1,447 in the same period of 2024, reflecting an 11.3% growth[146]. Loan and Securities Performance - The total loans and other finance receivables increased to $2,159,261,000 as of September 30, 2025, up from $2,026,292,000 at December 31, 2024, representing a growth of approximately 6.55%[46]. - Total securities available-for-sale amounted to $194,268,000 as of September 30, 2025, with an allowance for credit losses of $7,781,000[37]. - The total fair value of held-to-maturity securities was $29,853,000, with an unrealized loss of $2,746,000[37]. - The total unrealized losses on available-for-sale securities decreased from $10,160,000 as of December 31, 2024, to $7,781,000 as of September 30, 2025, indicating an improvement in the portfolio[40]. Cash Flow and Investments - The company reported a net cash provided by operating activities of $30,476,000 for the nine months ended September 30, 2025, compared to $10,301,000 in 2024, marking a significant increase of 195.5%[21]. - The net cash used in investing activities for the nine months ended September 30, 2025, was $155,822,000, slightly down from $156,309,000 in 2024[21]. - The cash and cash equivalents at the end of the period on September 30, 2025, were $39,989,000, up from $32,347,000 in 2024[22]. Borrowings and Capital Management - Total short-term borrowings increased to $126.671 million as of September 30, 2025, compared to $98.632 million as of December 31, 2024[90]. - The Corporation has a maximum borrowing capacity with the FHLB of $746.0 million as of September 30, 2025, up from $699.3 million as of December 31, 2024[92]. - The Corporation's long-term borrowings decreased to $10.594 million as of September 30, 2025, from $25.839 million as of December 31, 2024[91]. Modifications and Foreclosures - The total number of modifications granted to borrowers experiencing financial difficulty increased to 44 in the nine months ended September 30, 2025, from 14 in the same period of 2024, marking a 214% increase[85]. - The company reported a total of 9 consumer mortgage loans in foreclosure proceedings as of September 30, 2025, with a total value of $2.5 million[54]. - The company foreclosed on a commercial real estate property valued at $1.3 million and repossessed a billboard asset valued at $2.4 million during the nine months ended September 30, 2025[55].

Financial Performance - Net income for Q3 2025 was $25.4 million, a 60.6% increase from $15.8 million in Q3 2024, with diluted EPS rising to $0.65 from $0.44[5] - Core net income reached $26.9 million, up 58.9% from $16.9 million in Q3 2024, with core diluted EPS increasing to $0.69 from $0.47[6] - Net income attributable to Velocity Financial, Inc. for Q3 2025 was $25,373,000, a 60.9% increase from $15,803,000 in Q3 2024[43] - Core diluted earnings per share for Q3 2025 were $0.69, compared to $0.47 for Q3 2024, indicating a growth of 46.8%[43] Loan Production and Growth - Record loan production totaled $739.0 million, a 55.0% increase from $476.8 million in Q3 2024, driven by strong demand for traditional commercial and investor 1-4 rental loans[18] - Total loans outstanding increased to $6.3 billion, a 32.0% rise from $4.8 billion in Q3 2024, with significant growth across all collateral types[14] - Total loans, net rose to $6.5 billion as of September 30, 2025, up from $5.2 billion at the end of 2024, indicating a growth of 25.4%[37] Interest Income and Margin - Net interest income after provision for credit losses was $48.7 million, a 38.6% increase from $35.1 million in Q3 2024, supported by strong portfolio growth[13] - Interest income for the three months ended September 30, 2025, was $144,119,000, an increase of 37.1% compared to $105,070,000 for the same period in 2024[39] - The net interest margin for the total company improved to 3.25% in Q3 2025 from 3.06% in Q3 2024[41] - The company reported a net interest spread of 3.16% for the total company in Q3 2025, compared to 2.87% in Q3 2024[41] Operating Expenses - Operating expenses rose to $50.4 million, a 45.6% increase from Q3 2024, primarily due to higher production-driven compensation expenses[13] - Total operating expenses for the three months ended September 30, 2025, were $50,397,000, compared to $34,613,000 in the same period of 2024, representing an increase of 45.6%[39] Credit Quality and Losses - Nonperforming loans (NPL) as a percentage of Held for Investment (HFI) loans decreased to 9.8% from 10.6% in Q3 2024, with NPLs totaling $614.2 million[16] - The allowance for credit losses decreased to $4.6 million as of September 30, 2025, a 5.5% decline from $4.9 million in the same period of 2024[23] - The provision for credit losses increased significantly to $381,000 in Q3 2025, compared to a reversal of $69,000 in Q3 2024, representing a variance of 652.2%[23] - Charge-offs for Q3 2025 amounted to $677,000, an increase of 111.6% from $320,000 in Q3 2024[23] - Provision for credit losses was $381,000 in Q3 2025, a significant decrease from a provision of $(69,000) in Q3 2024, indicating improved credit quality[39] Asset Growth - The total assets increased to $6.96 billion as of September 30, 2025, compared to $5.53 billion at the end of 2024, reflecting a growth of 25.9%[37] - The total equity rose to $637.5 million as of September 30, 2025, compared to $520.2 million at the end of 2024, indicating a growth of 22.5%[37] - The diluted book value per share increased to $16.31 as of September 30, 2025, up from $14.26 at the end of 2024, representing a growth of 14.4%[37] Other Income and Liquidity - Other operating income was $37.1 million, an increase of 78.8% from $20.7 million in Q3 2024, driven by record origination volumes[13] - Liquidity stood at $143.5 million, comprising $99.0 million in unrestricted cash and $44.5 million in available borrowings from unpledged loans[5] - Nonperforming assets (NPA) resolution totaled $108.0 million in UPB for Q3 2025, achieving a recovery rate of 102.6% compared to $68.6 million in UPB with a recovery rate of 103.4% in Q3 2024[22] - The total loss on real estate owned (REO) was $1.6 million in Q3 2025, a significant decline from a gain of $1.2 million in Q3 2024, driven by higher valuation losses[21]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period ended September 30, 2025 Or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period from to (Address, including zip code, and telephone number, including area code, of registrant's principal executive office) Securities registered pursuant to ...

Financial Performance - Net income for the quarter ended September 30, 2025, was $9,082,000, up 19.9% from $7,571,000 for the same quarter in 2024[16]. - Net income for the nine months ended September 30, 2025, was $24,222,000, an increase from $19,763,000 in the same period of 2024, representing a growth of approximately 22.8%[22]. - Basic earnings per common share increased to $2.19 for the nine months ended September 30, 2025, compared to $1.79 for the same period in 2024, reflecting a growth of 22.3%[16]. - Diluted EPS for the quarter ended September 30, 2025, was $0.81, compared to $0.68 in the same quarter of 2024, indicating a growth of 19.1%[116]. - On a PTPP basis, earnings for the nine months ended September 30, 2025, were $31.1 million, up $7.8 million, or 33.6% from the prior year[185]. Asset and Loan Growth - Total assets increased to $3,198,478,000 as of September 30, 2025, compared to $3,157,010,000 at December 31, 2024, reflecting a growth of 1.0%[15]. - Net loans reached $2,373,432,000, up from $2,316,069,000 at the end of 2024, representing a 2.5% increase[15]. - The loan portfolio grew by $57.6 million, or 2.5%, in the nine months ended September 30, 2025, with commercial loans increasing by $21.4 million[191]. - The loan portfolio totaled $2,398,510,000 as of September 30, 2025, reflecting a growth from $2,340,940,000 at December 31, 2024[51]. Income and Expenses - Total interest income for the nine months ended September 30, 2025, was $119,539,000, an increase of 8.0% from $109,833,000 for the same period in 2024[16]. - Net interest income after provision for credit losses was $54,688,000 for the nine months ended September 30, 2025, compared to $46,996,000 for the same period in 2024, marking a 16.0% increase[16]. - Non-interest income for the nine months ended September 30, 2025, was $12,606,000, up from $11,919,000 for the same period in 2024, representing a growth of 5.8%[16]. - Total non-interest expense for the nine months ended September 30, 2025, was $37,797,000, compared to $35,011,000 for the same period in 2024, an increase of 7.9%[16]. Deposits and Shareholder Equity - Total deposits rose to $2,737,550,000 as of September 30, 2025, compared to $2,725,251,000 at December 31, 2024, indicating a slight increase of 0.4%[15]. - The total shareholders' equity at September 30, 2025, was $274,566,000, an increase from $256,783,000 at September 30, 2024, marking a growth of approximately 6.9%[19]. Credit Quality and Allowance for Credit Losses - The total ending allowance balance for credit losses as of September 30, 2025, was $186,000, down from $224,000 a year earlier[44]. - The provision for credit losses on loans for the first nine months of 2025 was $1.4 million, significantly up from $58,000 in the same period of 2024[190]. - Non-performing assets stood at 0.30% of total assets as of September 30, 2025, up from 0.14% as of December 31, 2024[189]. - Total past-due loans were 0.69% of total loans as of September 30, 2025, up from 0.40% as of December 31, 2024[189]. Securities and Investments - As of September 30, 2025, the amortized cost of investment securities was $678,664,000, with an estimated fair value of $590,067,000, reflecting unrealized losses of $88,597,000[31]. - The fair value of investment securities is estimated at $273,493,000 as of September 30, 2025, with $219,417,000 in mortgage-backed securities[153]. - The total fair value of AFS debt securities in an unrealized loss position was $238,089,000, with unrealized losses amounting to $42,854,000[39]. Loan Modifications and Foreclosures - Loan modifications for borrowers experiencing financial difficulty totaled $1,391,000 in payment deferrals, $307,000 in term extensions, and $4,034,000 in rate modifications during the three months ended September 30, 2025[61]. - Loans in process of foreclosure as of September 30, 2025, total $998,000, compared to $192,000 as of December 31, 2024[68]. Economic and Market Conditions - The Federal Open Market Committee (FOMC) has lowered short-term interest rates in September and October, signaling potential further cuts depending on inflation targets[29]. - The company anticipates that changes in economic conditions and regulatory environments may impact future performance and financial results[166].