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Carter Bankshares Inc (CARE)

Carter Bankshares Inc (CARE)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  09-2023 06-2023 03-2023 12-2022 09-2022
Cash Flows From Operating Activities
Net Income 25,272 21,645 15,941 50,118 34,509
Depreciation Amortization 8,385 6,565 3,394 12,433 9,500
Income taxes - deferred 256 539 455 3,630 1,697
Other Working Capital 522 -1,350 934 2,376 220
Loans 0 -173 -364 1,741 228
Other Operating Activity 4,420 2,366 2,075 493 1,544
Operating Cash Flow $38,855 $29,592 $22,435 $70,791 $47,698
Cash Flows From Investing Activities
PPE Investments -7,979 -5,977 -1,925 -5,482 -3,783
Purchase Of Investment -24,938 -34,601 -24,938 -135,634 -136,474
Sale Of Investment 36,329 26,856 1,864 97,082 71,146
Net Loans -264,010 -167,683 -100,558 -342,877 -205,062
Other Investing Activity 5,117 5,019 102 4,840 4,062
Investing Cash Flow $-255,481 $-176,386 $-125,455 $-382,071 $-270,111
Cash Flows From Financing Activities
Change In Short Term Borrowing N/A N/A N/A -127,000 N/A
Debt Issued 333,585 226,585 254,585 300,550 23,000
Debt Repayment -17,870 -9,970 -17,870 17,870 N/A
Common Stock Repurchased -16,416 -10,085 -2,260 -42,927 -40,131
Financing Cash Flow $225,155 $153,200 $137,529 $80,350 $10,322
Beginning Cash Position 46,869 46,869 46,869 277,799 277,799
End Cash Position 55,398 53,275 81,378 46,869 65,708
Net Cash Flow $8,529 $6,406 $34,509 $-230,930 $-212,091
Free Cash Flow
Operating Cash Flow 38,855 29,592 22,435 70,791 47,698
Capital Expenditure -7,979 -5,977 -1,925 -5,890 -4,191
Free Cash Flow 30,876 23,615 20,510 64,901 43,507
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