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Carter Bankshares, Inc. CARE Transfer from Fixed Assets to Other Real Estate Owned

Transfer from Fixed Assets to Other Real Estate Owned at other companies

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Other financials

Income statement

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Revenue$68.7M+84.3%
Net income$28.9M+240%
EPS (diluted)$1.31+254%

Balance sheet

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Cash & equivalents$276.5M
Total debt$10.9M+5.0%
Total equity$539.1M+32.9%
Total assets$4.8B+0.4%

Cash flow

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Operating cash flow$303.9M+4,667%
CapEx$2.3M+22.5%
Free cash flow$302.4M+6,131%

Valuation

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Market cap$731.41M+85.3%
P/E5.7×-6.9×
P/S2.9×+0.1×

Profitability

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Net margin50.5%+28.6pp
FCF margin147.6%

Returns & leverage

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Return on equity27.2%+19.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Carter Bankshares, Inc. in its filing.

Tagged under the XBRL concept care:RealEstateOwnedTransferFromFixedAssets.

The source filing: Carter Bankshares, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001829576-26-000077
(Dollars in Thousands)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cash Interest Paid$45,872$52,800
Cash Paid for Income Taxes2,8001,480
Transfer from Portfolio Loans to Other Real Estate Owned, net2,937
Transfer from Bank Premises and Equipment, net to Other Real Estate Owned, net2,1721,814
Right-of-use Asset Recorded in Exchange for Lease Liabilities107958
Stock Repurchase Excise Tax Settled in Subsequent Period(181)(75)
Stock Repurchases Settled in Subsequent Period(181)
Portfolio Loans Transferred to Held-for-Sale209,484

Item 1. FINANCIAL STATEMENTS

FAQ

What is Carter Bankshares, Inc.'s transfer from fixed assets to other real estate owned?
Carter Bankshares, Inc. (CARE) reported transfer from fixed assets to other real estate owned of $1.24M in Q2 2026.
How has Carter Bankshares, Inc.'s transfer from fixed assets to other real estate owned changed year-over-year?
Carter Bankshares, Inc.'s transfer from fixed assets to other real estate owned decreased by 31.7% year-over-year, from $1.81M to $1.24M.
What is the long-term trend for Carter Bankshares, Inc.'s transfer from fixed assets to other real estate owned?
Over 3 years (2021 to 2025), Carter Bankshares, Inc.'s transfer from fixed assets to other real estate owned has grown at a -53.4% compound annual growth rate (CAGR), from $18.02M to $1.83M.
What does transfer from fixed assets to other real estate owned mean?
Transfer from Fixed Assets to Other Real Estate Owned as reported by Carter Bankshares, Inc. Common Stock.

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