{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-23-000024","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.957100+00:00","generated_at":"2026-06-16T09:21:07.954978+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Carter Bankshares reports record Q1 net income $15.9M ($0.67 EPS); loans grow 12.9% annualized","bullets":["Record quarterly net income of $15.9M ($0.67 diluted EPS) vs $9.3M ($0.36) in Q1 2022.","Net interest margin 3.95% (down 9bp from Q4 2022 but up 107bp YoY); net interest income $40.8M.","Total portfolio loans grew $100M (12.9% annualized) to $3.2B; total deposits decreased $96.9M to $3.5B.","Nonperforming loans 0.26% of total loans; provision for credit losses $1.4M vs $0.1M in Q4 2022.","Stock repurchase program authorized for up to 1M shares; Federal Reserve non-objection received Apr 24."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-23-000024","json":"https://secwatch.observer/filing/0001829576-23-000024.json","markdown":"https://secwatch.observer/filing/0001829576-23-000024.md","text":"https://secwatch.observer/filing/0001829576-23-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957623000024/0001829576-23-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957623000024/care-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:21:07.954978+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":"461262e3c570dfbf5394605052478be147d6bfde","claim":"Carter Bankshares, Inc. reported first quarter of 2023 results: net income $15.9 million, EPS $0.67 diluted earnings per share.","evidence_excerpt":"record quarterly net income of $15.9 million, or $0.67 diluted earnings per share (“EPS”), for the first quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829576/000182957623000024/0001829576-23-000024-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"$15.9 million"},{"label":"EPS","value":"$0.67 diluted earnings per share"},{"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"}