secwatch.observer — SEC 8-K summary
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Issuer:     UWHARRIE CAPITAL CORP (UWHR)
CIK:        0000898171
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0000950170-23-053942
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898171/000095017023053942/0000950170-23-053942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898171/000095017023053942/uwhr-20231017.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-053942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer