Carolina Trust BancShares (Carolina Trust BancShares) Tax Rate % : 25.79% (As of Sep. 2019)

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What is Carolina Trust BancShares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Carolina Trust BancShares's Tax Expense for the three months ended in Sep. 2019 was $0.50 Mil. Carolina Trust BancShares's Pre-Tax Income for the three months ended in Sep. 2019 was $1.92 Mil. Therefore, Carolina Trust BancShares's Tax Rate % for the quarter that ended in Sep. 2019 was 25.79%.

Carolina Trust BancShares Tax Rate % Historical Data

The historical data trend for Carolina Trust BancShares's Tax Rate % 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 Tax Rate % Chart

Carolina Trust BancShares Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Tax Rate %

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-195.82

52.39

39.54

79.78

24.60

Carolina Trust BancShares Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Tax Rate %	Get a 7-Day Free Trial															24.69	24.32	17.80	22.14	25.79

Carolina Trust BancShares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Carolina Trust BancShares's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2018 )	/	Pre-Tax Income (A: Dec. 2018 )
	=	0.963	/	3.915
	=	24.60 %

Carolina Trust BancShares's Tax Rate % for the quarter that ended in Sep. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2019 )	/	Pre-Tax Income (Q: Sep. 2019 )
	=	0.496	/	1.923
	=	25.79 %

Carolina Trust BancShares Tax Rate % Related Terms

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Carolina Trust BancShares (Carolina Trust BancShares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Carolina Trust BancShares Inc (NAS:CART) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 East Main Street, Lincolnton, NC, USA, 28092

Website

http://www.carolinatrust.com

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