Carter Bank & Trust
Headquartered in Martinsville, VA. Part of Carter Bankshares, Inc. FDIC certificate #58596 · Federal Reserve RSSD 3476192.
Total assets
$4.8B
Deposits
$4.2B
Q2 2026
Active branches
66
Closings since Jan 2020
42
9 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$2M
Return on assets
3.66%
Return on equity
37.13%
Noncurrent loan rate
1.01%
Deposits by year (Summary of Deposits)
42019
42020
42021
42022
42023
42024
42025
42026
Values in $ billions, June 30 of each year.
Closings by year
102020
202021
42022
22023
22024
32025
12026
Openings by year
32020
12021
12022
12023
22024
12025
Other network changes since 2020
- 4 branch relocations
- 1 branches acquired through purchases or mergers
Branches by state
Recent closings (30 of 42)
- 616 9TH ST SE · closed March 27, 2026
- Carter Bank & Trust — Fayetteville, NCbank exits city697 COUNTRY CLUB DR · closed April 18, 2025
- Carter Bank & Trust — Culpeper, VAbank exits city806 NOTTINGHAM ST · closed April 18, 2025
- Carter Bank & Trust — Sanford, NCbank exits city1001 S HORNER BLVD · closed April 18, 2025
- 2770 RIVERSIDE DR · closed November 8, 2024
- 3515 CAMPBELL AVE · closed April 18, 2024
- 2657 PETERS CREEK RD NW · closed September 14, 2023
- Carter Bank & Trust — Wilson, NCbank exits city200 FOREST HILLS RD NW · closed September 14, 2023
- Carter Bank & Trust — Siler City, NCbank exits city101 EAST RALEIGH STREET · closed October 19, 2022
- 1113 5TH ST SW · closed August 24, 2022
- 4143 FRANKLIN RD SW · closed March 30, 2022
- Carter Bank & Trust — New Castle, VAbank exits city181 MAIN STREET · closed March 30, 2022
- 4004 WEST WENDOVER AVENUE · closed June 4, 2021
- Carter Bank & Trust — Cedar Bluff, VAbank exits city1082 CEDAR VALLEY DRIVE · closed April 16, 2021
- Carter Bank & Trust — Morganton, NCbank exits city301 CARBON CITY ROAD · closed April 16, 2021
- Carter Bank & Trust — Manassas, VAbank exits city8402 SUDLEY ROAD · closed April 16, 2021
- 12791 HARBOR DRIVE · closed April 16, 2021
- Carter Bank & Trust — Wilkesboro, NCbank exits city1606 CURTIS BRIDGE ROAD · closed April 16, 2021
- Carter Bank & Trust — Lebanon, VAbank exits city82 E MAIN ST · closed April 16, 2021
- Carter Bank & Trust — Forest City, NCbank exits city704 OAK STREET · closed April 16, 2021
- Carter Bank & Trust — Bristol, VAbank exits city18 MIDWAY STREET · closed April 16, 2021
- Carter Bank & Trust — Tazewell, VAbank exits city2191 FINCASTLE TURNPIKE · closed April 16, 2021
- Carter Bank & Trust — South Hill, VAbank exits city302 EAST ATLANTIC STREET · closed April 16, 2021
- 107 SOUTH HENRY STREET · closed April 16, 2021
- Carter Bank & Trust — Hickory, NCbank exits city821 4TH STREET DRIVE SW · closed April 16, 2021
- 8334 MONETA ROAD · closed April 16, 2021
- Carter Bank & Trust — Saint Paul, VAbank exits city3052 FOURTH AVENUE · closed April 16, 2021
- Carter Bank & Trust — Asheboro, NCbank exits city1425 NORTH FAYETTEVILLE STREET · closed April 16, 2021
- Carter Bank & Trust — Lincolnton, NCbank exits city341 EAST MAIN STREET · closed April 16, 2021
- Carter Bank & Trust — Abingdon, VAbank exits city238 WEST MAIN STREET · closed April 16, 2021
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.carterbank.com.