For the quarter ending 2025-09-30, CARE has $4,840,119K in assets. $4,427,281K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks, including interest-bearing deposits of 64,391 at september30, 2025 and 91,563 at december31, 2024 | 106,948 | 99,905 | ||
| Securities available-for-sale, at fair value (amortized cost of 786,629 and 800,741, respectively) | 727,903 | 755,212 | ||
| Equity securities | 10,269 | 10,200 | ||
| Loans held-for-sale | 478 | 246 | ||
| Portfolio loans | 3,835,653 | 3,747,121 | ||
| Allowance for credit losses | 73,762 | 71,023 | ||
| Portfolio loans, net | 3,761,891 | 3,676,098 | ||
| Bank premises and equipment, net | 71,653 | 72,105 | ||
| Goodwill | 1,193 | 1,193 | ||
| Core deposit intangible | 1,007 | 1,073 | ||
| Other real estate owned, net | 330 | 1,657 | ||
| Federal home loan bank stock, at cost | 11,598 | 8,653 | ||
| Bank owned life insurance | 51,649 | 48,365 | ||
| Other assets | 95,200 | 109,384 | ||
| Total assets | 4,840,119 | 4,784,091 | ||
| Noninterest-bearing demand | 606,203 | 635,192 | ||
| Interest-bearing demand | 809,527 | 805,013 | ||
| Money market | 552,564 | 544,764 | ||
| Savings | 335,502 | 343,659 | ||
| Certificates of deposit | 1,906,551 | 1,893,611 | ||
| Total deposits | 4,210,347 | 4,222,239 | ||
| Federal home loan bank borrowings | 175,500 | 113,500 | ||
| Reserve for unfunded loan commitments | 3,072 | 2,737 | ||
| Other liabilities | 38,362 | 39,980 | ||
| Total liabilities | 4,427,281 | 4,378,456 | ||
| Common stock | 22,406 | 22,670 | ||
| Additional paid-in capital | 79,997 | 84,146 | ||
| Retained earnings | 356,488 | 351,069 | ||
| Accumulated other comprehensive loss | -46,053 | -52,250 | ||
| Total shareholders equity | 412,838 | 405,635 | ||
| Total liabilities and shareholders equity | 4,840,119 | 4,784,091 | ||
Carter Bankshares, Inc. (CARE)
Carter Bankshares, Inc. (CARE)