| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| And Fee Income Loans And Leases | 52,083,000 | 54,955,500* | 51,018,000 | 49,522,000 |
| And Fee Income Loans And Leases | 516,000 | 565,500* | 550,000 | 579,000 |
| Income Securities | 5,582,000 | 6,086,000* | 6,672,000 | 6,796,000 |
| Income Securities | 66,000 | 65,500* | 66,000 | 67,000 |
| Federal reserve bank excess reserves | 583,000 | 684,500* | 659,000 | 578,000 |
| Interest on bank deposits | 110,000 | 79,000* | 61,000 | 65,000 |
| Dividend income | 245,000 | 190,000* | 144,000 | 140,000 |
| Total interest income | 59,185,000 | 62,626,000* | 59,170,000 | 57,747,000 |
| Interest expense on deposits | 21,555,000 | 24,058,000* | 24,025,000 | 24,059,000 |
| Interest expense on federal funds purchased | NaN | 0* | NaN | NaN |
| Interest on other borrowings | 1,696,000 | 1,085,500* | 1,426,000 | 1,329,000 |
| Total interest expense | 23,251,000 | 25,143,500* | 25,451,000 | 25,388,000 |
| Net interest income | 35,934,000 | 37,482,500* | 33,719,000 | 32,359,000 |
| Recovery for credit losses | -33,917,000 | -4,486,000* | 2,896,000 | -2,330,000 |
| Recovery for unfunded commitments | -218,000 | -194,000* | 335,000 | -335,000 |
| Net interest income after recovery for credit losses | 70,069,000 | 42,162,500* | 30,488,000 | 35,024,000 |
| Gain on the transaction | 65,000,000 | NaN | NaN | NaN |
| Gains on sales of securities, net | 80,000 | 46,000* | 0 | 0 |
| Service charges, commissions and fees | 2,128,000 | 1,874,500* | 1,860,000 | 1,765,000 |
| Debit card interchange fees | 2,148,000 | 2,109,000* | 1,942,000 | 1,942,000 |
| Insurance commissions | 954,000 | 151,000* | 1,004,000 | 714,000 |
| Bank owned life insurance income | 436,000 | 440,000* | 357,000 | 357,000 |
| Commercial loan swap fee income | NaN | 0* | NaN | NaN |
| Other | 228,000 | 2,366,500* | 207,000 | 130,000 |
| Total noninterest income | 70,974,000 | 6,987,000* | 5,370,000 | 4,908,000 |
| Salaries and employee benefits | 14,915,000 | 15,585,500* | 14,023,000 | 14,082,000 |
| Occupancy expense, net | 4,861,000 | 4,402,000* | 4,582,000 | 4,230,000 |
| Fdic insurance expense | 1,510,000 | 1,514,000* | 1,450,000 | 1,436,000 |
| Other taxes | 925,000 | 928,500* | 867,000 | 922,000 |
| Advertising expense | 926,000 | 1,105,500* | 669,000 | 708,000 |
| Telephone expense | 292,000 | 287,500* | 312,000 | 307,000 |
| Professional and legal fees | 1,546,000 | 1,217,500* | 1,852,000 | 1,921,000 |
| Data processing | 1,853,000 | 1,555,000* | 1,367,000 | 1,395,000 |
| Debit card expense | 1,001,000 | 1,267,000* | 959,000 | 991,000 |
| Other | 3,183,000 | 2,179,500* | 2,623,000 | 3,312,000 |
| Total noninterest expense | 31,012,000 | 30,042,000* | 28,704,000 | 29,304,000 |
| Income before income taxes | 110,031,000 | 19,107,500 | 7,154,000 | 10,628,000 |
| Income tax provision | 24,274,000 | NaN | 1,735,000 | 2,118,000 |
| Net income | 85,757,000 | NaN | 5,419,000 | 8,510,000 |
| Basic EPS | 3.88 | 0.858 | 0.24 | 0.37 |
| Diluted EPS | 3.88 | 0.858 | 0.24 | 0.37 |
| Basic Average Shares | 21,846,942 | 22,270,006 | 22,294,228 | 22,805,881 |
| Diluted Average Shares | 21,846,942 | 22,270,006 | 22,294,228 | 22,805,881 |
Carter Bankshares, Inc. (CARE)
Carter Bankshares, Inc. (CARE)