Carter Bank & Trust
Martinsville, VA · Owner: Carter Bankshares, Inc.
$4.8B
total assets, June 30, 2026
$4.8B
total assets, June 30, 2026
Carter Bank & Trust is a state member bank based in Martinsville, VA, owned by Carter Bankshares, Inc. (CARE). As of June 30, 2026 it held $4.8 billion in assets and $4.2 billion in deposits; assets were up 0.3% from a year before. It has 66 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$4.8B
+0.3% in a year · +0.4% in a quarter
Deposits
$4.2B
-0.8% in a year · -0.9% in a quarter
Loans
$3.7B
-0.3% in a year · +0.2% in a quarter
Profit so far
$88.0M
Jan 1 to Jun 30, 2026 · +367.2% in a year
Capital ratio
11.73%
+2.48 pts in a year
Return on assets
3.66%
+2.86 pts in a year
Facts
- Type
- State member bank
- Head office
- 4 Commonwealth Blvd E, Martinsville, VA, 24112
- County
- Martinsville City
- Holding company
- Carter Bankshares, Inc. (CARE)
- Established
- Dec 30, 2006
- Employees
- 709
- Branches
- 66 in 2 states
- Website
- www.carterbank.com
- Id
- b58596
Quarter by quarter
December 31, 2006 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
66 offices as of June 30, 2026, holding $4.2 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Virginia | 51 | $3.5B | 83.4% |
| North Carolina | 15 | $696M | 16.6% |
| Largest branches | Place | Deposits |
|---|---|---|
| Carter Bank & Trust (main office) | Martinsville, VA | $337M |
| Hillsville Branch | Hillsville, VA | $176M |
| Greensboro Branch | Greensboro, NC | $167M |
| Rocky Mount Branch | Rocky Mount, VA | $144M |
| Riverside Drive Branch | Danville, VA | $143M |
| East Galax Branch | Galax, VA | $128M |
| Stuart Branch | Stuart, VA | $114M |
| Collinsville Branch | Collinsville, VA | $101M |
| Bassett-Stanleytown Branch | Bassett, VA | $100M |
| Gretna Branch | Gretna, VA | $99.4M |
Related pages
Questions and answers
How big is Carter Bank & Trust?
$4.8 billion in total assets and $4.2 billion in deposits as of June 30, 2026, with assets up 0.3% from a year before. Its loans were $3.7 billion.
How many branches does Carter Bank & Trust have?
66 branches in 2 states as of June 30, 2026. The most deposits are in Virginia ($3.5 billion).
Is Carter Bank & Trust profitable?
Yes: it earned $88.0 million from January 1 to June 30, 2026 (up 367.2% from the same months a year before). Its return on assets was 3.66% a year; about 1% is typical.
Who owns Carter Bank & Trust?
Carter Bank & Trust is owned by Carter Bankshares, Inc., its holding company, which is listed as CARE.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.