Martinsville, VA · Cert 58596 · Carter Bankshares Inc.
State charter, Fed member · FED · 66 branches
Q2 2026
Market Position · Roanoke, VA · 2026 SOD (annual) · 6.1% share · #6 of 17 inst. · $0.6B of $9.2B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.53% | 0.59% | 0.82% | 0.80% | 0.70% | 0.72% | 7.13% | 3.66% | +286 bps | |
| Return on Equity | 6.69% | 7.40% | 9.90% | 9.69% | 8.48% | 8.70% | 77.85% | 37.13% | +2,744 bps | |
| Net Interest Margin | 2.46% | 2.44% | 2.55% | 2.60% | 2.65% | 2.69% | 2.94% | 3.11% | +51 bps | |
| Efficiency Ratio | 78.32% | 79.08% | 74.09% | 75.08% | 73.80% | 74.58% | 28.28% | 38.54% | -3,654 bps | |
| Non-Interest Burden | 1.82% | 1.82% | 1.74% | 1.83% | 1.83% | 1.89% | -3.24% | -0.66% | -249 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.66% | 3.18% | 3.12% | 5.55% | 4.92% | 3.83% | 1.81% | 0.35% | -520 bps | |
| Loan Growth (YoY) | 5.43% | 3.39% | 5.08% | 5.57% | 6.67% | 7.04% | 1.12% | -0.33% | -590 bps | |
| Deposit Growth (YoY) | 14.87% | 11.58% | 9.68% | 8.96% | 3.20% | 1.41% | 0.84% | -0.76% | -971 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 8.00% | 7.15% | 7.09% | 6.69% | 6.74% | 6.29% | 0.64% | 1.01% | -568 bps | |
| Net Charge-Offs / Loans | 0.60% | 0.45% | 0.01% | 0.01% | 0.01% | 0.01% | -1.60% | -0.83% | -85 bps | |
| Allowance / Loans | 2.25% | 2.09% | 1.99% | 1.90% | 1.92% | 1.84% | 1.41% | 1.48% | -42 bps | |
| Allowance Coverage of NPLs | 0.3x | 0.3x | 0.3x | 0.3x | 0.3x | 0.3x | 2.2x | 1.5x | +1.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 9.45% | 9.42% | 9.53% | 9.25% | 9.24% | 9.01% | 10.68% | 11.73% | +248 bps | |
| Total Risk-Based Capital | 12.01% | 11.98% | 12.11% | 11.87% | 11.72% | 11.49% | 14.28% | 15.60% | +373 bps | |
| Equity / Assets | 8.31% | 8.11% | 8.40% | 8.26% | 8.36% | 8.23% | 10.09% | 11.30% | +304 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.03% | 87.27% | 87.76% | 88.60% | 91.00% | 92.11% | 88.00% | 88.98% | +38 bps | |
| Liquid Assets / Assets | 1.34% | 1.97% | 0.99% | 1.09% | 1.33% | 1.41% | 4.00% | 4.84% | +376 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 596% | 621% | 505% | n/a | n/a | |