Carter Bankshares Inc
For the period ended Dec 31, 2023. Filed Mar 8, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 8, 2024
CARE$29.48+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income (Loss)
| Years Ended December 31, | |||
|---|---|---|---|
| (Dollars in Thousands) | 2023 | 2022 | 2021 |
| Net Income | $23,384 | $50,118 | $31,590 |
| Other Comprehensive Income (Loss): | |||
| Net Unrealized Gains (Losses) on Securities Available-for-Sale: | |||
| Net Unrealized Gains (Losses) Arising during the Period | 16,370 | (111,542) | (10,877) |
| Reclassification Adjustment for Losses (Gains) included in Net Income | 1,521 | (46) | (6,869) |
| Tax Effect | (3,714) | 24,270 | 3,727 |
| Net Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) | 14,177 | (87,318) | (14,019) |
| Other Comprehensive Income (Loss): | 14,177 | (87,318) | (14,019) |
| Comprehensive Income (Loss) | $37,561 | $(37,200) | $17,571 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.