Carter Bankshares (CARE) Asset Writedowns and Impairment: 2020-2022
Historic Asset Writedowns and Impairment for Carter Bankshares (CARE) over the last 3 years, with Dec 2022 value amounting to $163,000.
- Carter Bankshares' Asset Writedowns and Impairment rose 10.14% to $163,000 in Q4 2022 from the same period last year, while for Dec 2022 it was $741,000, marking a year-over-year decrease of 78.66%. This contributed to the annual value of $1.1 million for FY2023, which is 50.74% up from last year.
- Per Carter Bankshares' latest filing, its Asset Writedowns and Impairment stood at $163,000 for Q4 2022, which was up 11.64% from $146,000 recorded in Q3 2022.
- Carter Bankshares' Asset Writedowns and Impairment's 5-year high stood at $3.1 million during Q2 2021, with a 5-year trough of $63,000 in Q4 2020.
- In the last 3 years, Carter Bankshares' Asset Writedowns and Impairment had a median value of $146,000 in 2022 and averaged $517,818.
- Within the past 5 years, the most significant YoY rise in Carter Bankshares' Asset Writedowns and Impairment was 134.92% (2021), while the steepest drop was 91.63% (2021).
- Quarterly analysis of 3 years shows Carter Bankshares' Asset Writedowns and Impairment stood at $63,000 in 2020, then spiked by 134.92% to $148,000 in 2021, then increased by 10.14% to $163,000 in 2022.
- Its Asset Writedowns and Impairment was $163,000 in Q4 2022, compared to $146,000 in Q3 2022 and $301,000 in Q2 2022.