{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-25-000051","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.194513+00:00","generated_at":"2026-05-18T02:32:40.395755+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Carter Bankshares Q2 net income $8.5M ($0.37 EPS); NIM expands to 2.82%","bullets":["Net income of $8.5M, down from $9.0M in Q1 2025 but up from $4.8M in Q2 2024; diluted EPS $0.37.","Net interest income $32.4M (+7.4% QoQ, +15.2% YoY); net interest margin (FTE) 2.82% vs 2.70% prior quarter.","NPLs $250.6M (6.69% of loans); largest Justice Entities relationship still on nonaccrual at $235.5M.","Completed branch purchase from First Reliance Bank, acquiring $55.9M in deposits and two NC locations.","Announced $20M stock repurchase program; repurchased 547,332 shares at $16.70 avg cost through June 30."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-25-000051","json":"https://secwatch.observer/filing/0001829576-25-000051.json","markdown":"https://secwatch.observer/filing/0001829576-25-000051.md","text":"https://secwatch.observer/filing/0001829576-25-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957625000051/0001829576-25-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957625000051/care-20250724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T02:32:40.395755+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"}