secwatch.observer — SEC 8-K summary
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Issuer:     UWHARRIE CAPITAL CORP (UWHR)
CIK:        0000898171
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001564590-23-006354
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 jumps to $2.0M from $801K; EPS $0.26 vs $0.09
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- Consolidated total assets $1.05B at March 31, 2023, up from $1.02B at Dec 31, 2022.
- Net income $2.0M for Q1 2023 vs $801K for Q1 2022; net income to common shareholders $1.8M.
- Diluted EPS $0.26 per share vs $0.09 per share year-over-year.
- Improvement driven by rising interest rates expanding margins.
- Bank reported strong loan and core deposit growth during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898171/000156459023006354/0001564590-23-006354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898171/000156459023006354/uwhr-8k_20230427.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-006354

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