What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
(-23) During water landing on Serpent Lake near crosby, Minnesota, N1664K was decelerating in middle of lake when pilot heard and felt a thump. Shortly after, aircraft began to pull hard right which could not counter with opposite rudder input. Aircraft slowly nosed over and sank in 54 feet of water. Inspection of right float on starboard frontside revealed impact site with gelcoat missing from interior and exterior of fiberglass matting. Matting at impact site no longer bonded by resin material allowing water to easily pass into fiberglass float interior. A damaged wakeboard (waterski) was found in general area following day.
As the FAA filed it
(-23) DURING WATER LANDING ON SERPENT LAKE NEAR CROSBY, MINNESOTA, N1664K WAS DECELERATING IN MIDDLE OF LAKE WHEN PILOT HEARD AND FELT A THUMP. SHORTLY AFTER, AIRCRAFT BEGAN TO PULL HARD RIGHT WHICH COULD NOT COUNTER WITH OPPOSITE RUDDER INPUT. AIRCRAFT SLOWLY NOSED OVER AND SANK IN 54 FEET OF WATER. INSPECTION OF RIGHT FLOAT ON STARBOARD FRONTSIDE REVEALED IMPACT SITE WITH GELCOAT MISSING FROM INTERIOR AND EXTERIOR OF FIBERGLASS MATTING. MATTING AT IMPACT SITE NO LONGER BONDED BY RESIN MATERIAL ALLOWING WATER TO EASILY PASS INTO FIBERGLASS FLOAT INTERIOR. A DAMAGED WAKEBOARD (WATERSKI) WAS FOUND IN GENERAL AREA FOLLOWING DAY.