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

Historic Loans - Loss Allowance for Carter Bankshares (CARE) over the last 2 years, with Sep 2022 value amounting to $94.2 million.

  • Carter Bankshares' Loans - Loss Allowance fell 5.17% 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 5.17%. This contributed to the annual value of $95.9 million for FY2021, which is 77.34% up from last year.
  • As of Q3 2022, Carter Bankshares' Loans - Loss Allowance stood at $94.2 million, which was down 3.90% from $98.0 million recorded in Q2 2022.
  • Over the past 5 years, Carter Bankshares' Loans - Loss Allowance peaked at $109.3 million during Q2 2021, and registered a low of $54.1 million during Q4 2020.
  • In the last 3 years, Carter Bankshares' Loans - Loss Allowance had a median value of $96.2 million in 2021 and averaged $87.9 million.
  • Its Loans - Loss Allowance has fluctuated over the past 5 years, first soared by 77.34% in 2021, then decreased by 10.37% in 2022.
  • Quarterly analysis of 3 years shows Carter Bankshares' Loans - Loss Allowance stood at $54.1 million in 2020, then surged by 77.34% to $95.9 million in 2021, then declined by 5.17% to $94.2 million in 2022.
  • Its Loans - Loss Allowance stands at $94.2 million for Q3 2022, versus $98.0 million for Q2 2022 and $96.4 million for Q1 2022.