Carter Bank Announces North Carolina Branch Acquisition From First Reliance Bank [Yahoo! Finance]
Carter Bankshares, Inc. (CARE)
NASDAQ:AMEX Investor Relations:
carterbankandtrust.com
Company Research
Source: Yahoo! Finance
PINK:FSRL), announced today that their wholly owned subsidiaries, Carter Bank and First Reliance Bank, entered into a definitive Purchase and Assumption Agreement (the "Agreement") under which Carter Bank will acquire deposits associated with First Reliance Bank's two branches in Mooresville and Winston-Salem, as well as First Reliance Bank's Winston-Salem branch facility (the "Transaction"). The Transaction allows First Reliance Bank to focus on its core markets in South Carolina as well as advance the organization's branch efficiency strategy. Of First Reliance Bank's entire branch network, these two locations were the only two locations situated outside of South Carolina. For Carter Bank, the Transaction represents further expansion into Winston-Salem and continued growth in the Charlotte area. Following the closing of the Transaction, Carter Bank will operate 66 locations in its branch network throughout Virginia and North Carolina. Pursuant to the terms of the Agreement, Cart
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News
- Carter Bank Announces North Carolina Branch Acquisition From First Reliance BankAccesswire
- Investing in Carter Bankshares (NASDAQ:CARE) a year ago would have delivered you a 39% gain [Yahoo! Finance]Yahoo! Finance
- Are Options Traders Betting on a Big Move in Carter Bankshares (CARE) Stock? [Yahoo! Finance]Yahoo! Finance
- Carter Bank Unveils New, Customer-Focused Brand IdentityBusiness Wire
- Results: Carter Bankshares, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts [Yahoo! Finance]Yahoo! Finance
CARE
Earnings
- 10/24/24 - Beat
CARE
Sec Filings
- 12/10/24 - Form 8-K
- 11/15/24 - Form SCHEDULE
- 11/7/24 - Form 10-Q
- CARE's page on the SEC website