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And Fee Income LoansAnd Leases$52,440K (5.89%↑ Y/Y)Income Securities$5,323K (-21.67%↓ Y/Y)Federal reserve bankexcess reserves$1,519K (162.80%↑ Y/Y)Interest on bank deposits$1,193K (1735.38%↑ Y/Y)And Fee Income LoansAnd Leases$503K (-13.13%↓ Y/Y)Income Securities$385K (474.63%↑ Y/Y)Dividend income$128K (-8.57%↓ Y/Y)Total interest income$61,491K (6.48%↑ Y/Y)Net interest income$39,950K (23.46%↑ Y/Y)Gain on the insurancetransaction$35,949K recovery for unfundedcommitments-$554K (-65.37%↓ Y/Y)Total interestexpense$21,541K (-15.15%↓ Y/Y)Service charges,commissions and fees$2,491K (41.13%↑ Y/Y)Debit cardinterchange fees$2,063K (6.23%↑ Y/Y)Bank owned lifeinsurance income$457K (28.01%↑ Y/Y)Insurance commissions$164K (-77.03%↓ Y/Y)Other$137K (5.38%↑ Y/Y)Net interest incomeafter provision...$38,494K (9.91%↑ Y/Y)Total noninterestincome$28,730K (485.37%↑ Y/Y)Provision (recovery) forcredit losses$2,010K (186.27%↑ Y/Y)Losses on sales ofsecurities, net-$12,531K Interest expense ondeposits$21,402K (-11.04%↓ Y/Y)Interest on otherborrowings$139K (-89.54%↓ Y/Y)Income before incometaxes$37,238K (250.38%↑ Y/Y)Total noninterestexpense$29,986K (2.33%↑ Y/Y)Fdic insuranceexpense-$241K (-116.78%↓ Y/Y)Net income$28,911K (239.73%↑ Y/Y)Income tax provision$8,327K (293.15%↑ Y/Y)Salaries and employeebenefits$14,051K (-0.22%↓ Y/Y)Occupancy expense, net$4,584K (8.37%↑ Y/Y)Other$4,416K (33.33%↑ Y/Y)Data processing$2,177K (56.06%↑ Y/Y)Professional and legal fees$2,053K (6.87%↑ Y/Y)Debit card expense$1,072K (8.17%↑ Y/Y)Advertising expense$820K (15.82%↑ Y/Y)Other taxes$776K (-15.84%↓ Y/Y)Telephone expense$278K (-9.45%↓ Y/Y)
Income Statement

Carter Bankshares, Inc. (CARE)

Carter Bankshares, Inc. (CARE)

source: myfinsight.com