---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-002512"
form_type: "8-K"
ticker: "UWHR"
cik: "0000898171"
company_name: "UWHARRIE CAPITAL CORP"
filed_at: "2023-02-27T23:59:59+00:00"
generated_at: "2026-06-19T00:18:45.688815+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Uwharrie Capital Corp FY2022 net income falls to $8.2M; EPS $1.08 vs $1.29

## Summary
- Total assets grew to $1.02B at Dec 31, 2022, up from $939.7M a year earlier.
- Net income for FY2022 was $8.2M, down 19% from $10.1M in FY2021.
- Diluted EPS available to common shareholders fell to $1.08 from $1.29.
- Decline driven by reduced mortgage banking income due to rising interest rates and slowdown in originations.

## SEC filing metadata
- accession: 0001564590-23-002512
- form_type: 8-K
- ticker: UWHR
- cik: 0000898171
- company_name: UWHARRIE CAPITAL CORP
- filed_at: 2023-02-27T23:59:59+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/898171/000156459023002512/0001564590-23-002512-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898171/000156459023002512/uwhr-8k_20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-002512
- JSON: https://secwatch.observer/filing/0001564590-23-002512.json
- Plain text: https://secwatch.observer/filing/0001564590-23-002512.txt

## Key facts
- Earnings Releases
  UWHARRIE CAPITAL CORP reported the twelve-month period ended December 31, 2022 results: net income $8.2 million, EPS $1.08 per diluted share.
  - Period: the twelve-month period ended December 31, 2022
  - Net income: $8.2 million
  - EPS: $1.08 per diluted share
  - Result: reported results
  source text: On February 27, 2023, Uwharrie Capital Corp (the “Registrant”) announced financial results for the period ended December 31, 2022. The Registrant reported consolidated total assets of $1.02 billion at December 31, 2022, compared to $939.7 million at December 31, 2021. Net income for the twelve-month period ended December 31, 2022, was $8.2 million versus $10.1 million for the same period in 2021. For the twelve months ended December 31, 2022, net income available to common shareholders was $7.7 million, or $1.08 per diluted share, compared to $9.5 million, or $1.29 per diluted share, for December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/898171/000156459023002512/0001564590-23-002512-index.htm

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