Carter Bankshares, Inc. CARE Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Carter Bankshares, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.
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 provision for credit losses?
- Carter Bankshares, Inc. (CARE) reported provision for credit losses of -$34.14M in Q1 2026.
- How has Carter Bankshares, Inc.'s provision for credit losses changed year-over-year?
- Carter Bankshares, Inc.'s provision for credit losses decreased by 1495.8% year-over-year, from -$2.14M to -$34.14M.
- What is the long-term trend for Carter Bankshares, Inc.'s provision for credit losses?
- Over 4 years (2021 to 2025), Carter Bankshares, Inc.'s provision for credit losses has grown at a 105.2% compound annual growth rate (CAGR), from -$330K to -$5.86M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.