secwatch.observer — SEC 8-K summary
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Issuer:     UWHARRIE CAPITAL CORP (UWHR)
CIK:        0000898171
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001564590-23-002512
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898171/000156459023002512/0001564590-23-002512-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898171/000156459023002512/uwhr-8k_20230227.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-002512

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