{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-25-000003","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2025-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.131914+00:00","generated_at":"2026-05-27T15:31:32.161855+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 Q4 net income $8.3M, EPS $0.36; NPLs decline to $259.3M","bullets":["Net income $8.3M ($0.36 diluted EPS) vs $5.6M in Q3 2024 and net loss $1.9M in Q4 2023.","Nonperforming loans fell $28.4M to $259.3M (7.15% of loans); $28.9M curtailment from largest credit relationship.","Net interest margin (FTE) 2.58%, up 9 bps YoY; efficiency ratio 83.6%.","Announced acquisition of two branches in Winston-Salem and Mooresville, NC to expand footprint.","Allowance for credit losses 2.09%; specific reserves on large nonperforming credit $30.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-25-000003","json":"https://secwatch.observer/filing/0001829576-25-000003.json","markdown":"https://secwatch.observer/filing/0001829576-25-000003.md","text":"https://secwatch.observer/filing/0001829576-25-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957625000003/0001829576-25-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957625000003/care-20250123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T15:31:32.161855+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"}