0001415889-21-000980.txt : 20210226 0001415889-21-000980.hdr.sgml : 20210226 20210226122816 ACCESSION NUMBER: 0001415889-21-000980 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210225 FILED AS OF DATE: 20210226 DATE AS OF CHANGE: 20210226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GALLIMORE CHESTER A CENTRAL INDEX KEY: 0001825201 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39731 FILM NUMBER: 21686052 MAIL ADDRESS: STREET 1: 1300 KINGS MOUNTAIN ROAD CITY: MARTINSVILLE STATE: VA ZIP: 24112 FORMER NAME: FORMER CONFORMED NAME: Gallimore Chester A. DATE OF NAME CHANGE: 20200917 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Carter Bankshares, Inc. CENTRAL INDEX KEY: 0001829576 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 853365661 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1300 KINGS MOUNTAIN ROAD CITY: MARTINSVILLE STATE: VA ZIP: 24112 BUSINESS PHONE: 276-656-1776 MAIL ADDRESS: STREET 1: 1300 KINGS MOUNTAIN ROAD CITY: MARTINSVILLE STATE: VA ZIP: 24112 4 1 form4-02262021_090205.xml X0306 4 2021-02-25 0001829576 Carter Bankshares, Inc. CARE 0001825201 GALLIMORE CHESTER A 1300 KINGS MOUNTAIN RD. MARTINSVILLE VA 24112 true false false false Common Stock 2021-02-25 4 A 0 2490 12.05 A 9919 D Common Stock 110322 I Chester A. Gallimore Living Trust Carter Bankshares, Inc. (the "Company") became the successor issuer to Carter Bank & Trust on November 20, 2020. Restricted Stock Awards one year vesting on 2/25/2022. /s/ Abigail McGuire , Attorney-in-Fact 2021-02-26 EX-24 2 ex24-02262021_090205.htm ex24-02262021_090205.htm

SECTION 16

POWER OF ATTORNEY



I, Chester Gallimore, do hereby constitute and appoint Abigail E. McGuire, Lisa J. Correll, Tammy C. Ingram and Joyce A. Parker my true and lawful attorneys-in-fact, any of whom acting singly is hereby authorized, for me and in my name and on my behalf as a director, officer and/or shareholder of Carter Bankshares, Inc., to (i) prepare, execute in my name and on my behalf, and submit to the U.S. Securities and Exchange Commission (the “SEC”) a Form ID, including any necessary amendments thereto, and any other documents necessary or appropriate to obtain or update codes and passwords enabling me to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC in respect thereof; and (ii) prepare, execute and file any and all forms, instruments or documents, including any necessary amendments thereto, as such attorneys or attorney deems necessary or advisable to enable me to comply with Section 16 of the Securities Exchange Act of 1934 or any rule or regulation of the SEC in respect thereof (collectively, “Section 16”).


I do hereby ratify and confirm all acts my said attorney shall do or cause to be done by virtue hereof.  I acknowledge that the foregoing attorneys-in-fact, serving in such capacity at my request, are not assuming, nor is Carter Bankshares, Inc. assuming, any of my responsibilities to comply with Section 16.


This power of attorney shall remain in full force and effect until it is revoked by the undersigned in a signed writing delivered to each such attorney-in-fact or the undersigned is no longer required to comply with Section 16, whichever occurs first.


WITNESS the execution hereof this 1st day of September, 2020.



/s/ Chester Gallimore

Chester Gallimore



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