secwatch.observer — SEC 8-K summary
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Issuer:     UWHARRIE CAPITAL CORP (UWHR)
CIK:        0000898171
Form:       8-K
Filed at:   2021-08-20T23:59:59+00:00
Accession:  0001564590-21-045273
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Uwharrie Capital reports H1 2021 net income of $6.2M, EPS $0.84, up 221% YoY; assets up 13%
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- Net income available to common shareholders $5.9M in H1 2021, +258% from $1.6M in H1 2020.
- Earnings per share $0.84 vs $0.23 in prior-year period.
- Assets grew 12.98% to $845.3M at June 30, 2021 from $748.2M a year earlier.
- Provision for loan losses declined sharply after $1.4M COVID-related increase in 2020.
- Revenue growth driven by PPP loan forgiveness, low cost of funds, and higher mortgage/investment advisory income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898171/000156459021045273/0001564590-21-045273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898171/000156459021045273/uwhr-8k_20210820.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-045273

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