---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-053942"
form_type: "8-K"
ticker: "UWHR"
cik: "0000898171"
company_name: "UWHARRIE CAPITAL CORP"
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T22:17:12.198599+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Uwharrie Capital Q3 net income down to $2.1M; declares 2% stock dividend

## Summary
- Q3 2023 net income of $2.1M vs $2.8M in Q3 2022; EPS $0.28 vs $0.37.
- Nine-month 2023 net income $6.3M vs $5.3M in prior period; EPS $0.82 vs $0.67.
- Loan provision expense of $599K in Q3 2023 vs $1.5M recovery in Q3 2022.
- Total assets $1.07B at Sep 30, 2023, up from $1.02B at Dec 31, 2022.
- 2% stock dividend declared, payable Nov 21, 2023 to holders of record Nov 7.

## SEC filing metadata
- accession: 0000950170-23-053942
- form_type: 8-K
- ticker: UWHR
- cik: 0000898171
- company_name: UWHARRIE CAPITAL CORP
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898171/000095017023053942/0000950170-23-053942-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898171/000095017023053942/uwhr-20231017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-053942
- JSON: https://secwatch.observer/filing/0000950170-23-053942.json
- Plain text: https://secwatch.observer/filing/0000950170-23-053942.txt

## Key facts
- Earnings Releases
  UWHARRIE CAPITAL CORP reported the nine-month period ended September 30, 2023 results: net income $6.3 million, EPS $0.82 per share.
  - Period: the nine-month period ended September 30, 2023
  - Net income: $6.3 million
  - EPS: $0.82 per share
  - Result: reported results
  source text: Net income for the nine-month period ended September 30, 2023, was $6.3 million versus $5.3 million for the same period in 2022. For the nine months ended September 30, 2023, net income available to common shareholders was $5.9 million, or $0.82 per share, compared to $4.9 million, or $0.67 per share, for the nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/898171/000095017023053942/0000950170-23-053942-index.htm
- Earnings Releases
  UWHARRIE CAPITAL CORP reported the three-month period ended September 30, 2023 results: net income $2.1 million, EPS $0.28 per share.
  - Period: the three-month period ended September 30, 2023
  - Net income: $2.1 million
  - EPS: $0.28 per share
  - Result: reported results
  source text: Net Income for the three-month period ended September 30, 2023, was $2.1 million versus $2.8 million for the same period in 2022. For the three months ended September 30, 2023, net income available to common shareholders was $2.0 million, or $0.28 per share, compared to $2.7 million, or $0.37 per share, for the three months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/898171/000095017023053942/0000950170-23-053942-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.