Carter Bankshares, Inc.
For the period ended Dec 31, 2025. Filed Mar 5, 2026.
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FY2025 · Filed Mar 5, 2026
CARE$29.48+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| (Dollars in Thousands Except Share Data) | December 31,2025 | December 31,2024 |
|---|---|---|
| ASSETS | ||
| Cash and Due From Banks, including Interest-Bearing Deposits of $68,227 at December 31, 2025 and $91,563 at December 31, 2024 | $105,163 | $131,171 |
| Securities Available-for-Sale, at Fair Value (amortized cost of $745,366 and $800,741, respectively) | 691,612 | 718,400 |
| Equity Securities | 10,291 | 10,041 |
| Loans Held-for-Sale | 339 | — |
| Portfolio Loans | 3,879,560 | 3,624,826 |
| Allowance for Credit Losses | (71,491) | (75,600) |
| Portfolio Loans, net | 3,808,069 | 3,549,226 |
| Bank Premises and Equipment, net | 72,497 | 74,329 |
| Goodwill | 1,193 | — |
| Core Deposit Intangible | 940 | — |
| Other Real Estate Owned, net | 142 | 659 |
| Other Restricted Stock, at Cost | 16,830 | 6,487 |
| Bank Owned Life Insurance | 44,811 | 59,588 |
| Other Assets | 100,035 | 109,288 |
| Total Assets | $4,851,922 | $4,659,189 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-Bearing Demand | $620,473 | $634,436 |
| Interest-Bearing Demand | 808,171 | 726,947 |
| Money Market | 553,964 | 512,162 |
| Savings | 326,182 | 355,506 |
| Certificates of Deposit | 1,902,099 | 1,924,370 |
| Total Deposits | 4,210,889 | 4,153,421 |
| Federal Home Loan Bank Borrowings | 178,500 | 70,000 |
| Reserve for Unfunded Loan Commitments | 2,992 | 3,186 |
| Other Liabilities | 39,844 | 48,269 |
| Total Liabilities | 4,432,225 | 4,274,876 |
| Commitment and Contingencies - see NOTE 20. | ||
| SHAREHOLDERS’ EQUITY | ||
| Common Stock, Par Value $1.00 Per Share, Authorized 100,000,000 Shares; | ||
| Outstanding - 22,083,007 shares at December 31, 2025, and23,069,175 shares at December 31, 2024 | 22,083 | 23,069 |
| Additional Paid-in Capital | 74,806 | 92,159 |
| Retained Earnings | 364,968 | 333,606 |
| Accumulated Other Comprehensive Loss | (42,160) | (64,521) |
| Total Shareholders’ Equity | 419,697 | 384,313 |
| Total Liabilities and Shareholders’ Equity | $4,851,922 | $4,659,189 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.