{"filing":{"accession_number":"0001829576-26-000056","cik":"0001829576","ticker":"CARE","company_name":"Carter Bankshares, Inc.","form":"8-K","filing_date":"2026-05-29","report_date":null,"primary_document":"care-20260529.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1829576/000182957626000056/care-20260529.htm"},"events":[{"id":8274,"run_id":7263,"accession_number":"0001829576-26-000056","anchor_item_number":"7.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"summary":"Carter Bankshares disclosed a strategic portfolio repositioning involving the sale of $139.4 million in securities at a pre-tax loss of approximately $12.5 million, with reinvestment of $88.5 million in higher-yielding securities. While this is a material financial event affecting Q2 2026 results and expected to improve annual interest income by $4.2 million, it does not fit cleanly into the specific event categories (not an impairment charge, not M\u0026A, not an earnings release). The disclosure is material to investors as it affects reported earnings and future net interest income, but the event is best classified as a material portfolio management action outside the standard taxonomy.","company_name":"Carter Bankshares, Inc.","ticker":"CARE","filing_date":"2026-05-29","form":"8-K","submitted_at":null,"items":[{"id":2913,"accession_number":"0001829576-26-000056","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"Carter Bankshares disclosed a strategic portfolio repositioning involving the sale of $139.4 million in securities at a pre-tax loss of approximately $12.5 million, with reinvestment of $88.5 million in higher-yielding securities. While this is a material financial event affecting Q2 2026 results and expected to improve annual interest income by $4.2 million, it does not fit cleanly into the specific event categories (not an impairment charge, not M\u0026A, not an earnings release). The disclosure is material to investors as it affects reported earnings and future net interest income, but the event is best classified as a material portfolio management action outside the standard taxonomy.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-30T02:41:32.610488+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":2913,"accession_number":"0001829576-26-000056","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"Carter Bankshares disclosed a strategic portfolio repositioning involving the sale of $139.4 million in securities at a pre-tax loss of approximately $12.5 million, with reinvestment of $88.5 million in higher-yielding securities. While this is a material financial event affecting Q2 2026 results and expected to improve annual interest income by $4.2 million, it does not fit cleanly into the specific event categories (not an impairment charge, not M\u0026A, not an earnings release). The disclosure is material to investors as it affects reported earnings and future net interest income, but the event is best classified as a material portfolio management action outside the standard taxonomy.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-30T02:41:32.610488+00:00","company_name":"Carter Bankshares, Inc.","ticker":"CARE","filing_date":"2026-05-29"}]}
