For the quarter ending 2026-03-31, CARE has $4,799,270K in assets. $4,294,368K in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and due from banks, including interest-bearing deposits of 191,357 at march31, 2026 and 68,227 at december31, 2025 | 228,318 | 105,163 | 106,948 | 99,905 |
| Due in one year or less | 744 | - | - | - |
| Due after one year through five years | 70,004 | - | - | - |
| Due after five years through ten years | 226,018 | - | - | - |
| Due after ten years | 10,460 | - | - | - |
| Without single maturity date-Residential Mortgage Backed Securities | 60,347 | - | - | - |
| Without single maturity date-Commercial Mortgage Backed Securities | 22,392 | - | - | - |
| Without single maturity date-Other Commercial Mortgage Backed Securities | 23,703 | - | - | - |
| Without single maturity date-Collateralized Mortgage Obligations | 154,423 | - | - | - |
| Without single maturity date-Asset Backed Securities | 94,036 | - | - | - |
| Federal home loan bank stock, at cost | - | - | 11,598 | 8,653 |
| Securities available-for-sale, at fair value (amortized cost of 716,862 and 745,366, respectively) | 662,127 | 691,612 | 727,903 | 755,212 |
| Equity securities | 10,246 | 10,291 | 10,269 | 10,200 |
| Loans held-for-sale | 341 | 339 | 478 | 246 |
| Portfolio loans | 3,728,461 | 3,879,560 | 3,835,653 | 3,747,121 |
| Allowance for credit losses | 52,503 | 71,491 | 73,762 | 71,023 |
| Portfolio loans, net | 3,675,958 | 3,808,069 | 3,761,891 | 3,676,098 |
| Bank premises and equipment, net | 70,968 | 72,497 | 71,653 | 72,105 |
| Goodwill | 1,193 | 1,193 | 1,193 | 1,193 |
| Core deposit intangible | 874 | 940 | 1,007 | 1,073 |
| Other real estate owned, net | 3,443 | 142 | 330 | 1,657 |
| Other restricted stock, at cost | 8,476 | 16,830 | - | - |
| Bank owned life insurance | 45,247 | 44,811 | 51,649 | 48,365 |
| Other assets | 92,079 | 100,035 | 95,200 | 109,384 |
| Total assets | 4,799,270 | 4,851,922 | 4,840,119 | 4,784,091 |
| Noninterest-bearing demand | 637,933 | 620,473 | 606,203 | 635,192 |
| Interest-bearing demand | 871,398 | 808,171 | 809,527 | 805,013 |
| Money market | 514,362 | 553,964 | 552,564 | 544,764 |
| Savings | 326,929 | 326,182 | 335,502 | 343,659 |
| Certificates of deposit | 1,884,628 | 1,902,099 | 1,906,551 | 1,893,611 |
| Total deposits | 4,235,250 | 4,210,889 | 4,210,347 | 4,222,239 |
| Federal home loan bank borrowings | 0 | 178,500 | 175,500 | 113,500 |
| Reserve for unfunded loan commitments | 2,774 | 2,992 | 3,072 | 2,737 |
| Other liabilities | 56,344 | 39,844 | 38,362 | 39,980 |
| Total liabilities | 4,294,368 | 4,432,225 | 4,427,281 | 4,378,456 |
| Common stock | 22,160 | 22,083 | 22,406 | 22,670 |
| Additional paid-in capital | 74,987 | 74,806 | 79,997 | 84,146 |
| Retained earnings | 450,725 | 364,968 | 356,488 | 351,069 |
| Accumulated other comprehensive loss | -42,970 | -42,160 | -46,053 | -52,250 |
| Total shareholders equity | 504,902 | 419,697 | 412,838 | 405,635 |
| Total liabilities and shareholders equity | 4,799,270 | 4,851,922 | 4,840,119 | 4,784,091 |
Carter Bankshares, Inc. (CARE)
Carter Bankshares, Inc. (CARE)