Carter Bankshares, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Goodwill $0 $1.2m
Core Deposit Intangible $0 $940k
Other Assets $67.8m $73.2m $119.3m $114.2m $109.3m $100.0m
Cash and Due From Banks, including Interest-Bearing Deposits of $68,227 at December 31, 2025 and $91,563 at December 31, 2024 $38.5m $36.7m $46.9m $54.5m $131.2m $105.2m
Securities Available-for-Sale, at Fair Value (amortized cost of $745,366 and $800,741, respectively) $778.7m $922.4m $836.3m $779.0m $718.4m $691.6m
Equity Securities $0 $10.0m $10.3m
Loans Held-for-Sale $25.4m $228k $0 $0 $0 $339k
Portfolio Loans $2.9b $2.8b $3.1b $3.5b $3.6b $3.9b
Allowance for Credit Losses ($54.1m) ($95.9m) ($93.9m) ($97.1m) ($75.6m) ($71.5m)
Portfolio Loans, net $2.9b $2.7b $3.1b $3.4b $3.5b $3.8b
Bank Premises and Equipment, net $85.3m $75.3m $72.1m $73.7m $74.3m $72.5m
Other Real Estate Owned, net $15.7m $10.9m $8.4m $2.5m $659k $142k
Other Restricted Stock, at Cost $6.5m $16.8m
Bank Owned Life Insurance $54.0m $55.4m $56.7m $58.1m $59.6m $44.8m
Noninterest-Bearing Demand $699.2m $747.9m $703.3m $685.2m $634.4m $620.5m
Interest-Bearing Demand $366.2m $452.6m $496.9m $481.5m $726.9m $808.2m
Money Market $294.2m $463.1m $484.2m $513.7m $512.2m $554.0m
Savings $625.5m $690.5m $684.3m $454.9m $355.5m $326.2m
Certificates of Deposit $1.6b $1.3b $1.3b $1.6b $1.9b $1.9b
Federal Home Loan Bank Borrowings $35.0m $7.0m $180.6m $393.4m $70.0m $178.5m
Reserve for Unfunded Loan Commitments $2.3m $3.2m $3.2m $3.0m
Other Liabilities $19.4m $20.7m $47.1m $42.8m $48.3m $39.8m
Total Deposits $3.7b $3.7b $3.6b $3.7b $4.2b $4.2b
Total Shareholders’ Equity $440.2m $407.6m $328.6m $351.2m $384.3m $419.7m
Total Assets $4.2b $4.1b $4.2b $4.5b $4.7b $4.9b
Total Liabilities $3.7b $3.7b $3.9b $4.2b $4.3b $4.4b
Common Stock $26.4m $26.4m $24.0m $23.0m $23.1m $22.1m
Additional Paid-in Capital $143.5m $144.0m $104.7m $90.6m $92.2m $74.8m
Retained Earnings $254.6m $235.5m $285.6m $309.1m $333.6m $365.0m
Accumulated Other Comprehensive Loss $15.7m $1.7m ($85.6m) ($71.4m) ($64.5m) ($42.2m)
Total Liabilities and Shareholders’ Equity $4.2b $4.1b $4.2b $4.5b $4.7b $4.9b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.