Carter Bankshares, Inc. [CARE]

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Company Overview

Carter Bankshares,Inc. (the Company) is a holding company headquartered in Martinsville, Virginia with assets of $4.2 billion at December31, 2020. The Company is the parent company of its wholly owned subsidiary, Carter Bank& Trust (the Bank). The Bank is an insured, Virginia state-chartered commercial bank which operates branches in Virginia and North Carolina and is the fourth largest state chartered commercial bank headquartered in Virginia, operating 92 branches across both states. The Bank provides a full range of financial services with retail, commercial banking products and insurance products.