{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-25-000025","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2025-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.994894+00:00","generated_at":"2026-05-23T07:17:04.307257+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CARE Q1 net income $9.0M, EPS $0.39; Justice NPLs $245.1M","bullets":["Net income $9.0M ($0.39 diluted EPS), up from $8.3M ($0.36) Q4 2024 and $5.8M ($0.25) Q1 2024.","Net interest margin expanded 12 bps to 2.70%; total deposits grew $47.5M (4.6% annualized).","Justice Entities NPL principal $245.1M; received $6.9M curtailment in Q1; NPL ratio 7.09%.","Recovery provision for credit losses $(2.0)M vs $(5.1)M recovery in Q4; reserve rate on Other segment declined.","Total assets $4.7B; all capital ratios well above regulatory minimums; FHLB borrowings cut to $55M."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-25-000025","json":"https://secwatch.observer/filing/0001829576-25-000025.json","markdown":"https://secwatch.observer/filing/0001829576-25-000025.md","text":"https://secwatch.observer/filing/0001829576-25-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957625000025/0001829576-25-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957625000025/care-20250424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:17:04.307257+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"}