For the year ending 2025-12-31, CARE has $4,851,922K in assets. $4,432,225K in debts.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and due from banks, including interest-bearing deposits of 68,227 at december31, 2025 and 91,563 at december31, 2024 | 105,163 | |||
| Securities available-for-sale, at fair value (amortized cost of 745,366 and 800,741, respectively) | 691,612 | |||
| Equity securities | 10,291 | |||
| Loans held-for-sale | 339 | |||
| Portfolio loans | 3,879,560 | |||
| Allowance for credit losses | 71,491 | |||
| Portfolio loans, net | 3,808,069 | |||
| Bank premises and equipment, net | 72,497 | |||
| Goodwill | 1,193 | |||
| Core deposit intangible | 940 | |||
| Other real estate owned, net | 142 | |||
| Other restricted stock, at cost | 16,830 | |||
| Bank owned life insurance | 44,811 | |||
| Other assets | 100,035 | |||
| Total assets | 4,851,922 | |||
| Noninterest-bearing demand | 620,473 | |||
| Interest-bearing demand | 808,171 | |||
| Money market | 553,964 | |||
| Savings | 326,182 | |||
| Certificates of deposit | 1,902,099 | |||
| Total deposits | 4,210,889 | |||
| Federal home loan bank borrowings | 178,500 | |||
| Reserve for unfunded loan commitments | 2,992 | |||
| Other liabilities | 39,844 | |||
| Total liabilities | 4,432,225 | |||
| Common stock | 22,083 | |||
| Additional paid-in capital | 74,806 | |||
| Retained earnings | 364,968 | |||
| Accumulated other comprehensive loss | -42,160 | |||
| Total shareholders equity | 419,697 | |||
| Total liabilities and shareholders equity | 4,851,922 | |||
Carter Bankshares, Inc. (CARE)
Carter Bankshares, Inc. (CARE)