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Carter Bankshares (CARE) Loans - Loss Allowance (2020 - 2022)

Historic Loans - Loss Allowance for Carter Bankshares (CARE) over the last 3 years, with Q3 2022 value amounting to $94.2 million.

  • Carter Bankshares' Loans - Loss Allowance fell 517.22% to $94.2 million in Q3 2022 from the same period last year, while for Sep 2022 it was $94.2 million, marking a year-over-year decrease of 517.22%. This contributed to the annual value of $95.9 million for FY2021, which is 7733.64% up from last year.
  • Per Carter Bankshares' latest filing, its Loans - Loss Allowance stood at $94.2 million for Q3 2022, which was down 517.22% from $98.0 million recorded in Q2 2022.
  • In the past 5 years, Carter Bankshares' Loans - Loss Allowance ranged from a high of $109.3 million in Q2 2021 and a low of $54.1 million during Q4 2020
  • Over the past 3 years, Carter Bankshares' median Loans - Loss Allowance value was $96.2 million (recorded in 2021), while the average stood at $87.9 million.
  • Its Loans - Loss Allowance has fluctuated over the past 5 years, first skyrocketed by 7733.64% in 2021, then crashed by 1037.15% in 2022.
  • Carter Bankshares' Loans - Loss Allowance (Quarter) stood at $54.1 million in 2020, then skyrocketed by 77.34% to $95.9 million in 2021, then dropped by 1.85% to $94.2 million in 2022.
  • Its last three reported values are $94.2 million in Q3 2022, $98.0 million for Q2 2022, and $96.4 million during Q1 2022.