secwatch.observer — SEC 8-K summary
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Issuer:     UWHARRIE CAPITAL CORP (UWHR)
CIK:        0000898171
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0000950170-24-049551
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Uwharrie Capital reports Q1 net income $2.4M, up 20% YoY; EPS $0.31 vs $0.25
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- Net income $2.4M for Q1 2024 vs $2.0M same period 2023; EPS $0.31 vs $0.25.
- Total assets $1.10B at Mar 31, 2024, up from $1.07B at Dec 31, 2023.
- Net income available to common shareholders $2.2M vs $1.8M YoY.
- Improvement driven by stronger net interest margin and lower credit loss reserve requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898171/000095017024049551/0000950170-24-049551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898171/000095017024049551/uwhr-20240429.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-049551

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