{"schema_version":"secwatch.filing_event.v1","accession":"0001829576-26-000070","form_type":"8-K","ticker":"CARE","cik":"0001829576","company_name":"Carter Bankshares, Inc.","filed_at":"2026-07-23T12:22:37+00:00","discovered_at":"2026-07-23T12:25:02.313924+00:00","generated_at":"2026-07-23T12:25:11.515488+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Carter Bankshares Q2 net income $28.9M ($1.31 EPS); completes insurance sale, securities repositioning","bullets":["Net income $28.9M ($1.31 diluted EPS) vs $85.8M Q1 2026 and $8.5M Q2 2025; adjusted net income $11.6M.","Completed sale of Bearing Insurance Group, recognizing $35.9M pre-tax gain, accretive $1.30 to EPS, increased TBV by $1.28.","Repositioned securities portfolio: sold $139.4M (2.28% yield), purchased $88.5M (5.27% yield), resulting in $12.5M pre-tax loss.","Net interest margin expanded to 3.38% from 3.07% Q1 2026 and 2.80% Q2 2025; net interest income up 11.2% linked quarter.","Nonperforming loans increased to $37.6M (1.01% of loans) from $24.0M Q1 2026, driven by $13.4M commercial relationship."],"urls":{"canonical":"https://secwatch.observer/filing/0001829576-26-000070","json":"https://secwatch.observer/filing/0001829576-26-000070.json","markdown":"https://secwatch.observer/filing/0001829576-26-000070.md","text":"https://secwatch.observer/filing/0001829576-26-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829576/000182957626000070/0001829576-26-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829576/000182957626000070/care-20260723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-23T12:25:11.515488+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"}