Carter Bankshares Inc. reported financial results for the fourth quarter and full year ended 2025. As of December 31, 2025, the company reported total assets of USD 4.90 billion, total loans of USD 3.90 billion, and total deposits of USD 4.20 billion. The company’s total portfolio loans increased by 7.0 percent year-on-year, representing an increase of USD 254.70 million. Commercial loan production was concentrated in North Carolina, accounting for 65 percent, with Virginia representing 35 percent. Carter Bankshares Inc. reported that 65.1 percent of loan production was funded at a weighted average rate of 6.49 percent as of year-end. Construction loans of approximately USD 500 million are expected to be funded over the next 12 to 18 months. The bank maintains a diversified and granular deposit base, with approximately 78.2 percent of deposits from retail customers. Carter Bankshares Inc. expanded its branch network through the acquisition of two First Reliance Bank branches in North Carolina and announced plans to expand in Greenville, South Carolina, and Gastonia, North Carolina. The company unveiled a new logo and refreshed its visual brand identity during the period. In terms of community impact, the bank disbursed 69 grants totaling over USD 1.14 million in 2025 through its FHLB Down Payment Assistance Programs, supporting first-time home buyers and community partners. The company also reported 3,466 volunteer community service hours during the period.

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