Carter Bankshares, Inc. (6NH.F)

11.90 +0.10 (+0.85%) At close: 03:29PM CEST

Carter Bankshares, Inc.

1300 Kings Mountain Road
Martinsville, VA 24112
United States
276 656 1776
https://www.cbtcares.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 679

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Litz H. Van Dyke	CEO & Director	638.48k	N/A	1964
Ms. Phyllis Q. Karavatakis	Vice Chairman	N/A	N/A	1956
Ms. Wendy S. Bell	Chief Financial Officer	404.83k	N/A	1964
Mr. A. Loran Adams	Executive VP & Director of Regulatory Risk Management	N/A	N/A	1962
Joyce A. Parker	Secretary	N/A	N/A	N/A
Misty Powell	Assistant Vice President	N/A	N/A	N/A
Bill Hubble	Vice President and Managing Officer of Blacksburg Office	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services in the United States. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, overdraft protection, and personal investments, as well as residential mortgages; real estate construction, acquisition, commercial, and industrial loans; home equity lines of credit; and credit cards, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll, and social security checks; online banking products, including online and mobile banking, online account opening, bill pay, e-statement, mobile deposit, digital wallet, and ATM services; title insurance and other financial institution-related products and services; and treasury and corporate cash management services. Carter Bankshares, Inc. was founded in 1974 and is headquartered in Martinsville, Virginia.

Corporate Governance

Carter Bankshares, Inc.’s ISS Governance QualityScore as of May 1, 2024 is 5. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 6; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.