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 Statements of Changes in Shareholders’ Equity
| Years Ended December 31, | |||||
|---|---|---|---|---|---|
| (Dollars in Thousands) | Common Stock | Additional Paid-inCapital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Total Shareholder's Equity |
| Balance December 31, 2022 | $23,957 | $104,693 | $285,593 | $(85,616) | $328,627 |
| Cumulative Effect of the Adoption of ASU 2023-02 | — | — | 106 | — | 106 |
| Balance at January 1, 2023 | $23,957 | $104,693 | $285,699 | $(85,616) | $328,733 |
| Net Income | — | — | 23,384 | — | 23,384 |
| Other Comprehensive Income, Net of Tax | — | — | — | 14,177 | 14,177 |
| 1% Excise Tax on Stock Buybacks | — | (153) | — | — | (153) |
| Repurchase of Common Stock (1,132,232 shares) | (1,132) | (15,284) | — | — | (16,416) |
| Forfeiture of Restricted Stock (5,333 shares) | (5) | (38) | — | — | (43) |
| Issuance of Restricted Stock (137,097 shares) | 137 | (137) | — | — | — |
| Recognition of Restricted Stock Compensation Expense | — | 1,561 | — | — | 1,561 |
| Balance December 31, 2023 | $22,957 | $90,642 | $309,083 | $(71,439) | $351,243 |
| Net Income | — | — | 24,523 | — | 24,523 |
| Other Comprehensive Income, Net of Tax | — | — | — | 6,918 | 6,918 |
| Forfeiture of Restricted Stock (15,244 shares) | (16) | (107) | — | — | (123) |
| Issuance of Restricted Stock (128,115 shares) | 128 | (128) | — | — | — |
| Recognition of Restricted Stock Compensation Expense | — | 1,752 | — | — | 1,752 |
| Balance December 31, 2024 | $23,069 | $92,159 | $333,606 | $(64,521) | $384,313 |
| Net Income | — | — | 31,362 | — | 31,362 |
| Other Comprehensive Income, Net of Tax | — | — | — | 22,361 | 22,361 |
| 1% Excise Tax on Stock Buybacks | — | (181) | — | — | (181) |
| Repurchase of Common Stock (1,124,690 shares) | (1,125) | (18,875) | — | — | (20,000) |
| Forfeiture of Restricted Stock (23,670 shares) | (23) | (206) | — | — | (229) |
| Issuance of Restricted Stock (162,192 shares) | 162 | (162) | — | — | — |
| Recognition of Restricted Stock Compensation Expense | — | 2,071 | — | — | 2,071 |
| Balance December 31, 2025 | $22,083 | $74,806 | $364,968 | $(42,160) | $419,697 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.