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Carolina Trust BancShares (Carolina Trust BancShares) Mortgage Backed Securities (USD Mil) : 27.41 (As of Sep. 2019)


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What is Carolina Trust BancShares Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

Carolina Trust BancShares's Mortgage Backed Securities (USD Mil) for the quarter that ended in Sep. 2019 was 27.41 , which is lower than 29.05 for the pervious quarter ended in Jun. 2019.

Carolina Trust BancShares's Mortgage Backed Securities (USD Mil) for the annual that ended in Dec. 2018 was 20.54 , which is higher than 18.92 for the pervious year ended in Dec. 2017.

The historical rank and industry rank for Carolina Trust BancShares's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Carolina Trust BancShares Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Carolina Trust BancShares's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Carolina Trust BancShares Mortgage Backed Securities (USD Mil) Chart

Carolina Trust BancShares Annual Data
Trend Dec16 Dec17 Dec18
Mortgage Backed Securities (USD Mil)
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Average Interest Earning Assets (USD Mil)
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Commercial Business Loans (USD Mil)
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Residential Mortgage Loans (USD Mil)
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Carolina Trust BancSharesQuarterly Data
Trend Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Commercial Business Loans (USD Mil)
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Residential Mortgage Loans (USD Mil)
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Carolina Trust BancShares  (NAS:CART) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Carolina Trust BancShares Mortgage Backed Securities (USD Mil) Related Terms

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Carolina Trust BancShares (Carolina Trust BancShares) Business Description

Traded in Other Exchanges
N/A
Address
901 East Main Street, Lincolnton, NC, USA, 28092
Carolina Trust BancShares Inc is a bank holding company. The bank offers a range of financial services to small-to-medium-sized businesses, professionals and individual consumers in its community. It also offers a range of banking services, including checking and savings accounts; commercial, installment, mortgage and personal loans; safe deposit boxes, and other associated services. Carolina Trust offers personal banking and business banking services. The bank's market area consists primarily of Lincoln, Gaston and Rutherford Counties, North Carolina and includes parts of Catawba County.
Executives
Jerry L Ocheltree director, officer: President & CEO 901 EAST MAIN STREET, LINCOLNTON NC 28092