Carter Bankshares, Inc.

CARE · XNAS

CIK 1829576fmd_1PFJM1R2ZNSTM9JH4J08S18E55Finance, Insurance and Real Estate · National Commercial BanksTemplate: Financials

Coverage: Jan 01, 2019 to Sep 30, 2026, 31 periods

Income Statement · Annual · Millions · USD
Line item	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	159	141	134	160	196	222	232
Total revenues	13	18	17	18	17	19	20
Net interest income	112	105	111	140	122	114	131
Realized investment gains (losses)	2	7	7	0	(2)	0	0
Provision for credit losses	3	18	2	3	6	(5)	(4)
Net interest income after provision	109	87	109	137	116	120	135
Non-interest income	17	27	29	22	18	21	22
Compensation and benefits	53	52	54	52	56	58	58
Impairment of real estate	4	1	3	1	1	–	–
Non-interest expense	98	159	102	97	105	110	117
Interest expense	47	36	23	20	74	107	101
Income before taxes	28	(45)	36	62	29	31	40
Income tax expense	1	1	4	12	5	6	9
Net income from continuing operations	27	(46)	32	50	23	25	31
Net income	27	(46)	32	50	23	25	31
Net income to common shareholders	27	(46)	31	50	23	24	31