Carter Bankshares, Inc.
CARE · XNASCIK 1829576fmd_1PFJM1R2ZNSTM9JH4J08S18E55Finance, Insurance and Real Estate · National Commercial BanksTemplate: Financials
Coverage: Jan 01, 2019 to Sep 30, 2026, 31 periods
| 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 |