{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-24-000050","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2024-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.759026+00:00","generated_at":"2026-05-31T16:21:59.506958+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Carter Bankshares Q2 EPS $0.21, down from Q1 $0.25 and YoY $0.24; NPL drag continues","bullets":["Net income $4.8M ($0.21 diluted EPS) vs $5.8M ($0.25) Q1 2024 and $5.7M ($0.24) Q2 2023.","Justice Entities lawsuit dismissed; NPL balance reduced to $294.1M from $301.9M at Q1 2024.","Net interest income $28.1M, NIM (FTE) 2.56%, down 4bp QoQ; up 2bp YoY.","Nonperforming loans/total loans 8.46% (8.76% Q1); allowance for credit losses 2.72%.","Efficiency ratio worsened to 81.62% from 78.46% Q1; pre-tax pre-provision income $6.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-24-000050","json":"https://secwatch.observer/filing/0001829576-24-000050.json","markdown":"https://secwatch.observer/filing/0001829576-24-000050.md","text":"https://secwatch.observer/filing/0001829576-24-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957624000050/0001829576-24-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957624000050/care-20240725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T16:21:59.506958+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}