Carter Bankshares (CARE) Asset Writedowns and Impairment (2020 - 2022)

Carter Bankshares (CARE) has 3 years of Asset Writedowns and Impairment data on file, last reported at $163000.0 in Q4 2022.

• Quarterly Asset Writedowns and Impairment rose 10.14% year-over-year to $163000.0 in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $741000.0 (down 78.66% YoY) and the FY2023 annual result came in at $1.1 million, up 50.74% from the prior year.
• Asset Writedowns and Impairment grew to $163000.0 in Q4 2022, from $146000.0 in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $3.1 million in Q2 2021 to a low of $63000.0 in Q4 2020.
• A 3-year average of $517818.2 and a median of $146000.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
• The widest YoY moves for Asset Writedowns and Impairment: up 134.92% in 2021, down 91.63% in 2021.
• Tracing CARE's Asset Writedowns and Impairment over 3 years: stood at $63000.0 in 2020, then surged by 134.92% to $148000.0 in 2021, then gained by 10.14% to $163000.0 in 2022.
• The last three Asset Writedowns and Impairment figures came in at $163000.0 (Q4 2022), $146000.0 (Q3 2022), and $301000.0 (Q2 2022), per Business Quant data.