Carter Bankshares, Inc. CARE 1035 Exchange Fee on Bank Owned Life Insurance
1035 Exchange Fee on Bank Owned Life Insurance at other companies
Other financials
Where this comes from
Reported directly by Carter Bankshares, Inc. in its filing.
Tagged under the XBRL concept care:BankOwnedLifeInsuranceExchangeFee.
The official record: Carter Bankshares, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Carter Bankshares, Inc.'s 1035 exchange fee on bank owned life insurance?
- Carter Bankshares, Inc. (CARE) reported 1035 exchange fee on bank owned life insurance of $0 in Q1 2026.
- How has Carter Bankshares, Inc.'s 1035 exchange fee on bank owned life insurance changed year-over-year?
- Carter Bankshares, Inc.'s 1035 exchange fee on bank owned life insurance decreased by 100.0% year-over-year, from $275K to $0.
- What does 1035 exchange fee on bank owned life insurance mean?
- Represents the costs or fees incurred when executing a 1035 exchange of bank-owned life insurance policies. This metric tracks the transactional friction associated with rebalancing or optimizing the bank's insurance portfolio. It is used to evaluate the efficiency of the bank's management of its BOLI assets.