Carter Bankshares, Inc. Annual Income Tax Expense (Benefit) in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Carter Bankshares, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2019 to 2023.
  • Carter Bankshares, Inc. Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $1.4M, a 79.4% increase year-over-year.
  • Carter Bankshares, Inc. Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $3.94M, a 55.2% decline year-over-year.
  • Carter Bankshares, Inc. annual Income Tax Expense (Benefit) for 2023 was $5.34M, a 54% decline from 2022.
  • Carter Bankshares, Inc. annual Income Tax Expense (Benefit) for 2022 was $11.6M, a 182% increase from 2021.
  • Carter Bankshares, Inc. annual Income Tax Expense (Benefit) for 2021 was $4.11M, a 432% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $5.34M -$6.26M -54% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-08
2022 $11.6M +$7.49M +182% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-08
2021 $4.11M +$3.34M +432% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-08
2020 $772K -$437K -36.1% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-10
2019 $1.21M Jan 1, 2019 Dec 31, 2019 10-K 2022-03-11
* An asterisk sign (*) next to the value indicates that the value is likely invalid.