{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-25-000063","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2025-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.668842+00:00","generated_at":"2026-05-17T02:33:27.743137+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Carter Bankshares Q3 net income $5.4M ($0.24 EPS), down 36% from Q2; NPLs rise to $258.6M","bullets":["Q3 2025 net income $5.4M ($0.24 diluted EPS) vs $8.5M ($0.37) Q2 2025; YoY flat with $5.6M ($0.24).","Net interest income $33.7M (+4.2% QoQ, +17.1% YoY); net interest margin 2.86% (up 6 bps QoQ).","Nonperforming loans increased $8.1M to $258.6M (6.74% of loans); Justice Entities nonaccrual balance $228.6M.","Provision for credit losses expense $2.9M vs recovery of $(2.3)M prior quarter; loan growth 9.4% annualized.","Efficiency ratio improved to 73.43% from 78.63% QoQ; company repurchased 262,269 shares at $18.70 avg."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-25-000063","json":"https://secwatch.observer/filing/0001829576-25-000063.json","markdown":"https://secwatch.observer/filing/0001829576-25-000063.md","text":"https://secwatch.observer/filing/0001829576-25-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957625000063/0001829576-25-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957625000063/care-20251023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:33:27.743137+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"}