Carter Bankshares, Inc. filings document the company’s role as the holding company for Carter Bank, its CARE common stock listed on the Nasdaq Global Select Market, and recurring bank disclosures on results of operations, financial condition, investor presentations, capital returns, and asset quality. Form 8-K reports cover quarterly results, Regulation FD presentations, dividend actions, completed loan and asset sales, and other material events.
Proxy materials disclose board matters, executive compensation, equity awards, shareholder voting items, and governance practices. The filings also address bank-specific disclosures tied to credit performance, liquidity, capital levels, regulatory oversight, loan portfolio composition, and forward-looking statements used in financial and strategic reporting.
Vanguard Capital Management LLC, together with specified affiliates, reports beneficial ownership of Carter Bankshares Inc common stock on an amended Schedule 13G.
Vanguard reports beneficial ownership of 1,101,459 shares, representing 4.95% of the class. It has sole voting power over 145,582 shares and sole dispositive power over 1,101,459 shares, with no shared voting or dispositive power. The holdings include securities held by Vanguard funds and client accounts over which Vanguard or its named affiliates exercise voting and/or dispositive power, and exclude other Vanguard subsidiaries whose ownership is disaggregated. Vanguard and related investment companies and accounts have the right to receive dividends and sale proceeds, and no other single person has an interest in more than 5% of the class through these holdings.
Carter Bankshares, Inc. director Robert M. Bolton reported an indirect sale of 1,500 shares of Common Stock on July 30, 2026 at $34.60 per share, executed through Iron Bay Fund (Limited Partner). After this transaction, he reports 55,000 indirectly held shares and 12,629 directly held shares.
Carter Bankshares, Inc. insider Bradford N. Langs, President and Chief Strategy Officer, reported a sale of 2500.0000 shares of Common Stock on 2026-07-30 in a sale in open market or private transaction at $34.5358 per share. After this transaction, Langs directly holds 33242.0000 shares of Carter Bankshares Common Stock. The filing indicates the Rule 10b5-1 trading plan checkbox was not selected.
Carter Bankshares, Inc. presented a second‑quarter 2026 update highlighting profitability, capital and risk metrics. Net income was $28,911 thousand, with adjusted net income of $11,598 thousand. Diluted EPS was $1.31 and adjusted diluted EPS $0.53. Adjusted return on average assets was 0.96%, adjusted return on average equity 8.83%, and net interest margin (FTE) reached 3.40% with an adjusted efficiency ratio of 62.66%.
Total assets were $4,801,883 thousand, portfolio loans $3,734,594 thousand, deposits $4,197,556 thousand, and shareholders’ equity $539,146 thousand as of June 30, 2026. Regulatory capital exceeded minimums, with a CET1 ratio of 14.26%, total risk‑based capital of 15.51%, leverage ratio of 11.65%, and adjusted book value of $25.81 per share. Total liquidity sources were $1,768,635 thousand, and total available liquidity equaled 237.9% of uninsured deposits.
Asset quality strengthened after resolution of the largest nonperforming relationship earlier in 2026. Nonperforming loans were 1.01% of portfolio loans, down from 6.69% a year earlier, and nonperforming assets were 1.09% of total assets plus OREO, with past‑due loans at 0.07%. The allowance for credit losses totaled $55,170 thousand, or 1.48% of portfolio loans, and year‑to‑date net recoveries equaled (0.82)% of average loans. Detailed hospitality, multifamily, retail and office loan exposures are provided, including average loan‑to‑value ratios and geographic concentrations.
Carter Bankshares, Inc. declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend is payable on August 24, 2026 to shareholders of record as of August 10, 2026. Based on the $32.92 closing share price on July 22, 2026, the annualized dividend yield is 1.22%.
The company, headquartered in Martinsville, Virginia, reported $4.8 billion in assets and 63 branches in Virginia and North Carolina as of June 30, 2026. The report also includes forward-looking statements outlining risks related to interest rates, credit losses under CECL, capital and liquidity, and commercial real estate exposures.
Carter Bankshares, Inc. reported second quarter 2026 net income of $28.9 million, or $1.31 diluted EPS, versus $85.8 million ($3.88) in the first quarter of 2026 and $8.5 million ($0.37) a year earlier. Adjusted net income was $11.6 million. Results reflected significant nonrecurring items, including a $35.9 million gain from the sale of its interest in Bearing Insurance Group (the Insurance Transaction) and a $12.5 million loss on securities sold in a Portfolio Repositioning, following a $65.0 million gain from a large Loan Sale Transaction in the first quarter.
Core performance improved, with net interest income rising to $40.0 million and net interest margin expanding to 3.38%. Nonperforming loans were $37.6 million, or 1.01% of portfolio loans, sharply lower than $250.6 million a year earlier but up sequentially due to one commercial relationship. Total assets were $4.8 billion, shareholders’ equity $539.1 million, and the Tier 1 capital ratio 14.26%. The company held no FHLB borrowings, had 82.3% of deposits insured, and repurchased 108,601 shares for $2.9 million.
Van Dyke Litz H reported acquisition or exercise transactions in this Form 4 filing.
Carter Bankshares, Inc. reported that Chief Executive Officer Van Dyke Litz received a grant of 12,300 shares of Common Stock as a restricted stock award. The award carries three-year vesting, with one-third vesting each year. Following this grant, his direct holdings total 79,767 shares of Common Stock.
Langs Bradford N. reported acquisition or exercise transactions in this Form 4 filing.
Carter Bankshares, Inc. reported that President and Chief Strategy Officer Bradford N. Langs received a grant of 8,649 shares of Common Stock on June 30, 2026. The award is a restricted stock grant with three-year vesting, in which one-third of the shares vest each year. The shares were granted at no cash cost to Langs and represent equity-based compensation rather than an open-market purchase. Following this grant, Langs directly holds 35,742 shares of Carter Bankshares common stock.
Carter Bankshares, Inc. executive Arthur Loran Adams, EVP and Director of Regulatory Risk Management, received a grant of 3,240 shares of common stock as equity compensation. The award was priced at $0.00 per share, indicating it is a restricted stock grant rather than a market purchase or sale.
According to the filing, this restricted stock award vests over three years, with one-third vesting each year. Following the grant, Adams directly holds a total of 16,302 shares of Carter Bankshares common stock. This is a routine compensation-related acquisition, not an open-market trade.
Carter Bankshares, Inc. reported that executive officer Matthew M. Speare, the Senior Executive Vice President and Chief Operating Officer, acquired 5,005 shares of Common Stock as a grant or award. The shares were granted at no cash cost per share and are designated as Restricted Stock Awards that vest over three years, with one-third vesting each year. Following this award, Speare directly holds a total of 31,798 shares of Common Stock.