8-K
filed May 29, 2026, 5:19 PM ET
ticker CARE
CIK 0001829576
other material
confidence high
sentiment neutral
materiality 0.60
Carter Bankshares completes $139.4M securities repositioning; expects $12.5M pre-tax loss in Q2 2026
Carter Bankshares, Inc.
- Sold $139.4M of securities (weighted avg yield 2.28%) and bought $88.5M of AAA/AA-rated securities (5.27% yield).
- Portfolio repositioning covers ~18.7% of securities portfolio; pre-tax loss of ~$12.5M expected in Q2 2026.
- Estimated loss recovery period of ~2.98 years; annual interest income improvement of ~$4.2M.
- Remaining proceeds from sale will be used to fund organic loan growth.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001829576-26-000056
- form_type
- 8-K
- ticker
- CARE
- cik
- 0001829576
- company_name
- Carter Bankshares, Inc.
- filed_at
- 2026-05-29T21:19:29+00:00
- discovered_at
- 2026-05-29T21:22:00.358692+00:00
- generated_at
- 2026-05-29T21:22:50.272636+00:00
- sec_items
- ["7.01"]
- event_type
- other_material
- sentiment
- neutral
- materiality_score
- 0.6
- calibrated_materiality_score
- 0.6
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001829576-26-000056
- json_url
- https://secwatch.observer/filing/0001829576-26-000056.json
- markdown_url
- https://secwatch.observer/filing/0001829576-26-000056.md
- text_url
- https://secwatch.observer/filing/0001829576-26-000056.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1829576/000182957626000056/0001829576-26-000056-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1829576/000182957626000056/care-20260529.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
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