Carter Bankshares (CARE) Interest Expense - Fed Funds (2020 - 2023)

Carter Bankshares (CARE) has 3 years of Interest Expense - Fed Funds data on file, last reported at $14000.0 in Q4 2023.

• Quarterly Interest Expense - Fed Funds fell 91.3% year-over-year to $14000.0 in Q4 2023, while the trailing twelve-month figure through Sep 2024 was $14000.0 (down 97.28% YoY) and the FY2023 annual result came in at $368000.0, up 95.74% from the prior year.
• Interest Expense - Fed Funds eased to $14000.0 in Q4 2023, from $107000.0 in the prior quarter.
• In the past five years, Interest Expense - Fed Funds ranged from a high of $176000.0 in Q1 2023 to a low of $1000.0 in Q1 2020.
• A 3-year average of $69625.0 and a median of $47000.0 in 2022 frame the typical range for Interest Expense - Fed Funds.
• The widest YoY moves for Interest Expense - Fed Funds: up 1675.0% in 2023, down 91.3% in 2023.
• Tracing CARE's Interest Expense - Fed Funds over 3 years: stood at $1000.0 in 2020, then soared by 16000.0% to $161000.0 in 2022, then slumped by 91.3% to $14000.0 in 2023.
• The last three Interest Expense - Fed Funds figures came in at $14000.0 (Q4 2023), $107000.0 (Q3 2023), and $71000.0 (Q2 2023), per Business Quant data.