secwatch.observer — SEC 8-K summary
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Issuer:     UWHARRIE CAPITAL CORP (UWHR)
CIK:        0000898171
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0000950170-24-065756
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Uwharrie Capital Q1 net income $2.4M ($0.31/sh) vs $2.0M; loans grow 19%
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- Total assets $1.10B (+$51M YoY); core deposits up $39M; loans +$97M (19% YoY).
- Net income available to common $2.2M vs $1.8M; annualized ROE 18.96%.
- Earnings improvement driven by net interest margin expansion and customer growth.
- Off-balance sheet assets (investment advisory & mortgage) total additional $1B.
- 40th anniversary noted; no changes to dividend or guidance provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898171/000095017024065756/0000950170-24-065756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898171/000095017024065756/uwhr-20240529.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-065756

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