Carter Bankshares (CARE) Deferred Taxes: 2020-2022
Historic Deferred Taxes for Carter Bankshares (CARE) over the last 3 years, with Dec 2022 value amounting to $1.9 million.
- Carter Bankshares' Deferred Taxes rose 1197.32% to $1.9 million in Q4 2022 from the same period last year, while for Dec 2022 it was $3.6 million, marking a year-over-year increase of 31.76%. This contributed to the annual value of $2.7 million for FY2024, which is 630.71% up from last year.
- Carter Bankshares' Deferred Taxes amounted to $1.9 million in Q4 2022, which was up 339.32% from $440,000 recorded in Q3 2022.
- In the past 5 years, Carter Bankshares' Deferred Taxes registered a high of $2.0 million during Q2 2021, and its lowest value of -$623,000 during Q1 2020.
- For the 3-year period, Carter Bankshares' Deferred Taxes averaged around $465,182, with its median value being $149,000 (2021).
- Examining YoY changes over the last 5 years, Carter Bankshares' Deferred Taxes showed a top increase of 1,197.32% in 2022 and a maximum decrease of 94.85% in 2022.
- Quarterly analysis of 3 years shows Carter Bankshares' Deferred Taxes stood at -$359,000 in 2020, then spiked by 141.50% to $149,000 in 2021, then surged by 1,197.32% to $1.9 million in 2022.
- Its Deferred Taxes was $1.9 million in Q4 2022, compared to $440,000 in Q3 2022 and $103,000 in Q2 2022.