{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-22-000053","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2022-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.473648+00:00","generated_at":"2026-06-23T00:11:00.882773+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Carter Bankshares posts record Q3 net income of $14.4M; diluted EPS $0.59","bullets":["Net income of $14.4M ($0.59 diluted EPS) vs. $11.2M ($0.42) in Q3 2021 and $10.8M ($0.44) in Q2 2022.","Net interest margin (FTE) rose 48 bps QoQ to 3.75%; net interest income up 16.2% to $37.7M.","Portfolio loans grew 4.4% annualized to $3.0B; nonperforming loans fell 41.7% to $7.0M.","Provision for credit losses was negative $(0.1)M vs. $1.8M in Q2 2022; net charge-offs $3.7M.","Efficiency ratio improved to 57.1% from 61.3% in Q2 2022; ROA of 1.38%, ROE of 16.75%."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-22-000053","json":"https://secwatch.observer/filing/0001829576-22-000053.json","markdown":"https://secwatch.observer/filing/0001829576-22-000053.md","text":"https://secwatch.observer/filing/0001829576-22-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957622000053/0001829576-22-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957622000053/care-20221027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T00:11:00.882773+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5d3ef4a2b8d97c1550b621f37e82056804ae50f1","claim":"Carter Bankshares, Inc. reported the three and nine months ended September 30, 2022 results: net income record net income of $14.4 million, or $0.59 diluted earnings per share (\"EPS\"), for the third quarter of 2022, EPS $0.59 diluted EPS.","evidence_excerpt":"On October 27, 2022, Carter Bankshares, Inc. announced by press release its earnings for the three and nine months ended September 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829576/000182957622000053/0001829576-22-000053-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and nine months ended September 30, 2022"},{"label":"Net income","value":"record net income of $14.4 million, or $0.59 diluted earnings per share (\"EPS\"), for the third quarter of 2022"},{"label":"EPS","value":"$0.59 diluted EPS"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}