Carter Bankshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	36.94	131.17	54.53	46.87	277.8
Investment Securities	770.13	440.14	465.3	498.89	551.33
Trading Asset Securities	-	17.36	17.44	22.97	3.51
Mortgage-Backed Securities	-	288.3	313.7	337.38	371.07
Total Investments	770.13	745.8	796.44	859.25	925.91
Gross Loans	3,880	3,625	3,506	3,149	2,812
Allowance for Loan Losses	-71.49	-75.6	-97.05	-93.85	-95.94
Net Loans	3,808	3,549	3,409	3,055	2,716
Property, Plant & Equipment	72.5	84.18	81.11	78.42	78.6
Goodwill	1.19	-	-	-	-
Other Intangible Assets	0.94	-	-	-	-
Loans Held for Sale	0.34	-	-	-	0.23
Other Real Estate Owned & Foreclosed	0.14	0.66	2.46	8.39	10.92
Other Long-Term Assets	144.85	141.66	147.51	146.79	121.76
Total Assets	4,852	4,659	4,513	4,205	4,134
Interest Bearing Deposits	3,590	3,221	2,732	2,768	2,803
Institutional Deposits	-	297.94	304.97	159.03	147.1
Non-Interest Bearing Deposits	620.47	634.44	685.22	705.54	747.91
Total Deposits	4,211	4,153	3,722	3,633	3,698
Short-Term Borrowings	-	17.71	17.23	40.41	3.68
Current Portion of Long-Term Debt	-	25	-	-	7
Current Portion of Leases	-	0.93	-	-	-
Federal Home Loan Bank Debt, Long-Term	178.5	45	393.4	180.55	-
Long-Term Leases	-	9.47	-	-	3.4
Other Long-Term Liabilities	42.84	23.34	28.75	22.39	13.59
Total Liabilities	4,432	4,275	4,161	3,876	3,726
Common Stock	22.08	23.07	22.96	23.96	26.43
Additional Paid-In Capital	74.81	92.16	90.64	104.69	143.99
Retained Earnings	364.97	333.61	309.08	285.59	235.48
Comprehensive Income & Other	-42.16	-64.52	-71.44	-85.62	1.7
Shareholders' Equity	419.7	384.31	351.24	328.63	407.6
Total Liabilities & Equity	4,852	4,659	4,513	4,205	4,134
Total Debt	178.5	98.11	410.63	220.96	14.08
Net Cash (Debt)	-73.34	50.42	-338.66	-151.12	267.23
Net Cash Growth	-	-	-	-	32.70%
Net Cash Per Share	-3.27	2.21	-14.57	-6.14	10.14
Filing Date Shares Outstanding	22.08	23.13	23.02	23.92	25.36
Total Common Shares Outstanding	22.08	23.07	22.96	23.96	26.43
Book Value Per Share	19.01	16.66	15.30	13.72	15.42
Tangible Book Value	417.56	384.31	351.24	328.63	407.6
Tangible Book Value Per Share	18.91	16.66	15.30	13.72	15.42

Source: S&P Global Market Intelligence. Banks template. Financial Sources.