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Carter Bankshares, Inc. — fact timeline

Source-grounded facts extracted from Carter Bankshares, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CARE Carter Bankshares, Inc. JSON
Shareholder Votes

Carter Bankshares, Inc. shareholders approved Ratification of appointment of Crowe LLP as independent auditors at the 2026-05-27 meeting.

“For Against Abstain Non- Votes 17,089,948 90,529 2,923 0”
Shareholder Votes

Carter Bankshares, Inc. shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2026-05-27 meeting.

“For Against Abstain Non- Votes 11,748,459 695,815 169,767 4,569,359”
Shareholder Votes

Carter Bankshares, Inc. shareholders approved Election of 11 Directors to serve until the 2027 Annual Meeting or until their successors are elected at the 2026-05-27 meeting.

“For Withhold Authority Broker Non-Votes Michael R. Bird 12,184,489 429,552 4,569,359”
Earnings Releases

Carter Bankshares, Inc. reported the first quarter of 2026 results: net income quarterly net income of $85.8 million, EPS $3.88 diluted earnings per share.

“Carter Bankshares, Inc. (the “Company”) (NASDAQ:CARE), the holding company of Carter Bank (the “Bank”) today announced quarterly net income of $85.8 million, or $3.88 diluted earnings per share (“EPS”), for the first quarter of 2026”

E. Warren Matthews retired as Director at Carter Bankshares, Inc..

“On March 18, 2025, director E. Warren Matthews notified the Board of Directors of Carter Bankshares, Inc. (the “Company”) that he will retire and not stand for re-election to the Board of Directors of the Company (the “Board”) at its 2025 Annual Meeting of Shareholders to be held on May 28, 2025 (the “Annual Meeting”).”
Earnings Releases

Carter Bankshares, Inc. reported the three months ended March 31, 2024 results: net income $5.8 million, EPS $0.25 diluted earnings per share.

“Carter Bankshares, Inc. announced by press release its financial results for the three months ended March 31, 2024”
Earnings Releases

Carter Bankshares, Inc. reported the year ended December 31, 2023 results: net income net income was $23.4 million, EPS $1.00 diluted EPS.

“For the year ended December 31, 2023, net income was $23.4 million, or $1.00 diluted EPS, compared to $50.1 million, or $2.03 diluted EPS for the year ended December 31, 2022.”
Earnings Releases

Carter Bankshares, Inc. reported the fourth quarter of 2023 results: net income net loss of $1.9 million, EPS $(0.08) earnings per share.

“Carter Bankshares, Inc. (the “Company”) (NASDAQ:CARE), the holding company of Carter Bank & Trust (the “Bank”) today announced a net loss of $1.9 million, or $(0.08) earnings per share (“EPS”), for the fourth quarter of 2023 compared to net income of $3.6 million, or $0.16 diluted EPS, in the third quarter of 2023 and $15.6 million, or $0.65 diluted EPS, for the fourth quarter of 2022.”
Earnings Releases

Carter Bankshares, Inc. reported nine months ended September 30, 2023 results: net income $25.3 million, EPS $1.07 diluted EPS.

“For the nine months ended September 30, 2023, net income was $25.3 million, or $1.07 diluted EPS, compared to net income of $34.5 million, or $1.38 diluted EPS for the same period in 2022.”
Earnings Releases

Carter Bankshares, Inc. reported third quarter of 2023 results: revenue $27.4 million, net income $3.6 million, EPS $0.16 diluted earnings per share.

“return on average equity (“ROE”) of 4.19% and annualized year-to-date ROA and ROE of 0.78% and 9.71%, respectively; • Net interest income, increased $0.7 million, or 2.6%, to $27.4 million compared to the second quarter of 2023 primarily due to a 38 basis point increase in the yield on earning assets, offset by a 46 basis point increase in funding costs and”
Earnings Releases

Carter Bankshares, Inc. reported six months ended June 30, 2023 results: net income $21.6 million, EPS $0.91 diluted EPS.

“For the six months ended June 30, 2023, net income was $21.6 million, or $0.91 diluted EPS, compared to net income of $20.1 million, or $0.80 diluted EPS for the same period in 2022.”
Earnings Releases

Carter Bankshares, Inc. reported second quarter of 2023 results: net income $5.7 million, EPS $0.24 diluted earnings per share.

“Carter Bankshares, Inc. (the “Company”) (NASDAQ:CARE), the holding company of Carter Bank & Trust (the “Bank”) today announced quarterly net income of $5.7 million, or $0.24 diluted earnings per share (“EPS”), for the second quarter of 2023”
Shareholder Votes

Carter Bankshares, Inc. shareholders approved To, vote on an advisory and non-binding basis, on the frequency of future advisory votes on the compensation of the Company's named executive officers. at the 2023-05-24 meeting.

“Proposal #3 To, vote on an advisory and non-binding basis, on the frequency of future advisory votes on the compensation of the Company's named executive officers. Shareholders recommended, by an advisory vote, that the advisory vote on executive compensation occur every one year. The Board of Directors of the Company has accepted the recommendation of shareholders and will conduct the advisory vote on executive compensation every year. 1 Year 2 Year 3 Year Abstain Non- Votes 9,987,258 198,129 3,006,939 1,368,381 4,893,414”
Shareholder Votes

Carter Bankshares, Inc. shareholders approved To approve, in an advisory and non-binding vote the compensation of the Company's named executive officers as disclosed in the proxy statement. at the 2023-05-24 meeting.

“Proposal #2 To approve, in an advisory and non-binding vote the compensation of the Company's named executive officers as disclosed in the proxy statement. For Against Abstain Non- Votes 11,729,935 1,972,642 867,354 4,893,414”
Shareholder Votes

Carter Bankshares, Inc. shareholders approved To elect the 12 Directors below to serve until the 2024 Annual Meeting of Shareholders or until their successors are elected at the 2023-05-24 meeting.

“Following are the final voting results on the matters considered and voted upon at the Annual Meeting, all of which are described in the Proxy Statement for the 2023 Annual Meeting. Proposal #1 To elect the 12 Directors below to serve until the 2024 Annual Meeting of Shareholders or until their successors are elected: For Withhold Authority Broker Non-Votes Michael R. Bird 13,823,171 746,760 4,893,414 Kevin S. Bloomfield 13,645,443 924,488 4,893,414 Robert M. Bolton 13,820,287 749,644 4,893,414 Gregory W. Feldmann 13,351,169 1,218,762 4,893,414 James W. Haskins 13,312,847 1,257,084 4,893,414 Phyllis Q. Karavatakis 13,978,684 591,247 4,893,414 Jacob A. Lutz, III 13,651,251 918,680 4,893,414 E. Warren Matthews 13,515,750 1,054,181 4,893,414 Catharine L. Midkiff 14,062,917 507,014 4,893,414 Curtis E. Stephens 13,832,341 737,590 4,893,414 Litz H. Van Dyke 13,719,257 850,674 4,893,414 Elizabeth L. Walsh 13,703,104 866,827 4,893,414”
Earnings Releases

Carter Bankshares, Inc. reported first quarter of 2023 results: net income $15.9 million, EPS $0.67 diluted earnings per share.

“record quarterly net income of $15.9 million, or $0.67 diluted earnings per share (“EPS”), for the first quarter of 2023”

Lanny A. Kyle departed as Director at Carter Bankshares, Inc..

“On March 10, 2023, directors Robert W. Conner and Lanny A. Kyle, O.D. notified the Board of Directors of Carter Bankshares, Inc. (the “Company”) that they will retire and not stand for re-election to the Board of Directors of the Company (the “Board”) at its 2023 Annual Meeting of Shareholders to be held on May 24, 2023 (the “Annual Meeting”).”

Robert W. Conner departed as Director at Carter Bankshares, Inc..

“On March 10, 2023, directors Robert W. Conner and Lanny A. Kyle, O.D. notified the Board of Directors of Carter Bankshares, Inc. (the “Company”) that they will retire and not stand for re-election to the Board of Directors of the Company (the “Board”) at its 2023 Annual Meeting of Shareholders to be held on May 24, 2023 (the “Annual Meeting”).”

Lanny A. Kyle departed as Director at Carter Bankshares, Inc..

“On March 10, 2023, directors Robert W. Conner and Lanny A. Kyle, O.D. notified the Board of Directors of Carter Bankshares, Inc. (the “Company”) that they will retire and not stand for re-election to the Board of Directors of the Company (the “Board”) at its 2023 Annual Meeting of Shareholders to be held on May 24, 2023 (the “Annual Meeting”).”

Robert W. Conner departed as Director at Carter Bankshares, Inc..

“On March 10, 2023, directors Robert W. Conner and Lanny A. Kyle, O.D. notified the Board of Directors of Carter Bankshares, Inc. (the “Company”) that they will retire and not stand for re-election to the Board of Directors of the Company (the “Board”) at its 2023 Annual Meeting of Shareholders to be held on May 24, 2023 (the “Annual Meeting”).”
Earnings Releases

Carter Bankshares, Inc. reported financial results for the three and twelve months ended December 31, 2022.

“On January 26, 2023, Carter Bankshares, Inc. announced by press release its earnings for the three and twelve months ended December 31, 2022.”
Earnings Releases

Carter Bankshares, Inc. reported the three and nine months ended September 30, 2022 results: net income record net income of $14.4 million, or $0.59 diluted earnings per share ("EPS"), for the third quarter of 2022, EPS $0.59 diluted EPS.

“On October 27, 2022, Carter Bankshares, Inc. announced by press release its earnings for the three and nine months ended September 30, 2022.”

Curtis E. Stephens was appointed as Director at Carter Bankshares, Inc..

“On March 23, 2022, the Board of Directors (the “Board”) of Carter Bankshares, Inc. (the “Company”) unanimously appointed two new members to the Board, Jacob A. Lutz, III and Curtis E. Stephens, effective immediately on that date.”

Jacob A. Lutz, III was appointed as Director at Carter Bankshares, Inc..

“On March 23, 2022, the Board of Directors (the “Board”) of Carter Bankshares, Inc. (the “Company”) unanimously appointed two new members to the Board, Jacob A. Lutz, III and Curtis E. Stephens, effective immediately on that date.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.