{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-26-000021","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2026-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.415718+00:00","generated_at":"2026-05-15T08:53:02.657763+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Carter Bankshares sells $209.5M Justice-related nonperforming loans for $289.5M cash","bullets":["Sold all loans tied to James C. Justice II entities for $289.48M cash; principal was $209.48M, all nonperforming.","Pro forma: nonperforming loans drop from 6.29% (Dec 2025) to 0.82% of total loans; allowance for credit losses falls from 1.84% to 1.46%.","Transaction expected to increase tangible book value per share by ~$3.49; specific reserve of $18.04M reversed.","Total assets rise from $4.85B to ~$4.95B; loans decline from $3.88B to ~$3.67B on a pro forma basis."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-26-000021","json":"https://secwatch.observer/filing/0001829576-26-000021.json","markdown":"https://secwatch.observer/filing/0001829576-26-000021.md","text":"https://secwatch.observer/filing/0001829576-26-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957626000021/0001829576-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957626000021/care-20260326.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:53:02.657763+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"}