---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-037828"
form_type: "8-K"
ticker: "UWHR"
cik: "0000898171"
company_name: "UWHARRIE CAPITAL CORP"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:55:06.656939+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Uwharrie Capital reports 9-month net income $5.3M ($0.69/share), down 40% from prior year

## Summary
- Net income for first nine months of 2022 was $5.3M ($0.69 per share), compared to $8.9M ($1.14) in 2021.
- Mortgage banking income declined sharply due to rising rates; $1.4M recovery from loan loss reserve.
- Total assets reached $1.04B, up $118M YoY; loan growth ex-PPP was 16%.
- Book value per share fell to $3.07 from $7.02 due to $34.1M AOCI unrealized loss on AFS securities.
- Board declared a 2.5% stock dividend, payable Nov 22 to holders of record Nov 8, 2022.

## SEC filing metadata
- accession: 0001564590-22-037828
- form_type: 8-K
- ticker: UWHR
- cik: 0000898171
- company_name: UWHARRIE CAPITAL CORP
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898171/000156459022037828/0001564590-22-037828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898171/000156459022037828/uwhr-8k_20221116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-037828
- JSON: https://secwatch.observer/filing/0001564590-22-037828.json
- Plain text: https://secwatch.observer/filing/0001564590-22-037828.txt

## Key facts
- Earnings Releases
  UWHARRIE CAPITAL CORP reported first nine months of 2022 results: net income $5.3 million, EPS $0.69 per share.
  - Period: first nine months of 2022
  - Net income: $5.3 million
  - EPS: $0.69 per share
  - Result: reported results
  source text: Net income for the first nine months of 2022 was $5.3 million, as compared to $8.9 million for the same nine- month period in 2021. This equates to $4.9 million in net income available to common shareholders, or $0.69 per share, compared to $8.4 million in net income available to common shareholders, or $1.14 per share, that we reported in 2021 for the same period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/898171/000156459022037828/0001564590-22-037828-index.htm

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