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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)
  06-2022 03-2022 12-2021 09-2021 06-2021
Cash Flows From Operating Activities
Net Income 20,101 9,323 31,590 25,980 14,807
Depreciation Amortization 7,363 3,727 12,735 9,078 5,846
Income taxes - deferred 1,257 1,154 3,114 2,965 1,999
Other Working Capital -4,384 -1,909 32,200 24,398 1,722
Loans 228 32 25,209 20,548 16,126
Other Operating Activity 2,233 143 -27,310 -22,948 -17,063
Operating Cash Flow $26,798 $12,470 $77,538 $60,021 $23,437
Cash Flows From Investing Activities
PPE Investments -2,120 -401 -8,484 -6,281 -3,248
Net Acquisitions N/A N/A -73,923 -73,923 -73,923
Purchase Of Investment -135,634 -131,519 -466,648 -321,477 -215,175
Sale Of Investment 50,318 31,612 309,993 206,863 162,361
Net Loans -166,356 -82,032 119,451 51,753 28,891
Other Investing Activity 3,933 669 13,256 11,070 3,670
Investing Cash Flow $-249,859 $-181,671 $-106,355 $-131,995 $-97,424
Cash Flows From Financing Activities
Change In Short Term Borrowing N/A N/A -28,000 N/A N/A
Debt Issued -7,000 -7,000 N/A N/A N/A
Debt Repayment N/A N/A N/A -5,000 -5,000
Common Stock Repurchased -32,415 -23,364 -157 0 0
Financing Cash Flow $15,502 $-562 $64,674 $55,828 $48,696
Beginning Cash Position 277,799 277,799 241,942 241,942 241,942
End Cash Position 70,240 108,036 277,799 225,796 216,651
Net Cash Flow $-207,559 $-169,763 $35,857 $-16,146 $-25,291
Free Cash Flow
Operating Cash Flow 26,798 12,470 77,538 60,021 23,437
Capital Expenditure -2,528 -809 -8,484 -6,281 -3,248
Free Cash Flow 24,270 11,661 69,054 53,740 20,189
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