Carter Bankshares, Inc. furnished its First Quarter 2026 investor presentation under Item 7.01, providing overview of financial position, asset quality, and strategic initiatives as of March 31, 2026.
Key takeaways
Resolved largest legacy nonperforming credit on March 26, 2026, enhancing capital and liquidity.
Reinstated quarterly cash dividend on April 22, 2026.
66.7% of 2026 YTD loan production funded at 6.42% weighted average rate.
CET1 ratio of 13.52% with $1.6B available liquidity (214.5% of uninsured deposits).
Asset quality strong: 0.64% NPLs, 219.03% ACL to NPLs coverage.