Carter Bankshares Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
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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.
FY2024 · Filed Mar 7, 2025
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) | 2024 | 2023 | 2022 |
| Net Income | $24,523 | $23,384 | $50,118 |
| Other Comprehensive Income (Loss): | |||
| Net Unrealized Gains (Losses) on Securities Available-for-Sale: | |||
| Net Unrealized Gains (Losses) Arising during the Period | 9,270 | 16,370 | (111,542) |
| Reclassification Adjustment for (Gains) Losses included in Net Income | (68) | 1,521 | (46) |
| Tax Effect | (2,284) | (3,714) | 24,270 |
| Net Unrealized Gains (Losses) Recognized in Other Comprehensive Income (Loss) | 6,918 | 14,177 | (87,318) |
| Other Comprehensive Income (Loss): | 6,918 | 14,177 | (87,318) |
| Comprehensive Income (Loss) | $31,441 | $37,561 | $(37,200) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.