other_material
confidence high
sentiment negative
materiality 0.55
Eagle Bancorp Montana appoints Plante & Moran as new auditor for FY2026; material weakness persists
Eagle Bancorp Montana, Inc.
- Board approved appointment of Plante & Moran as independent auditor for fiscal year ending Dec 31, 2026, replacing Baker Tilly.
- Baker Tilly will remain auditor through 2025 audit; dismissal effective after its report on 2025 financials.
- Prior auditor Moss Adams issued adverse opinion on internal control over financial reporting for 2024 due to material weakness.
- Material weakness relates to insufficient precision in classification of borrowings as short-term or long-term; not yet remediated.
- No disagreements with prior auditors on accounting or auditing matters except for the known material weakness.
item 4.01item 9.01