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Carter Bankshares (CARE) Loans - Loss Allowance (2019 - 2022)

Carter Bankshares' Loans - Loss Allowance history spans 4 years, with the latest figure at $94.2 million for Q3 2022.

  • For Q3 2022, Loans - Loss Allowance fell 5.17% year-over-year to $94.2 million; the TTM value through Sep 2022 reached $94.2 million, down 5.17%, while the annual FY2021 figure was $95.9 million, 77.42% up from the prior year.
  • Loans - Loss Allowance reached $94.2 million in Q3 2022 per CARE's latest filing, down from $98.0 million in the prior quarter.
  • In the past five years, Loans - Loss Allowance ranged from a high of $116.9 million in Q1 2021 to a low of $38.8 million in Q4 2019.
  • Average Loans - Loss Allowance over 4 years is $89.2 million, with a median of $96.4 million recorded in 2022.
  • Peak YoY movement for Loans - Loss Allowance: soared 77.42% in 2021, then decreased 17.54% in 2022.
  • A 4-year view of Loans - Loss Allowance shows it stood at $38.8 million in 2019, then soared by 39.5% to $54.1 million in 2020, then skyrocketed by 77.42% to $95.9 million in 2021, then fell by 1.85% to $94.2 million in 2022.
  • Per Business Quant, the three most recent readings for CARE's Loans - Loss Allowance are $94.2 million (Q3 2022), $98.0 million (Q2 2022), and $96.4 million (Q1 2022).