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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest Income      
Loans, including fees $ 15,900 $ 15,725 $ 16,336
Investment securities:      
US Treasury 46 212 361
US Government agencies and corporations 1,296 1,315 1,271
State and political subdivisions non-taxable 467 410 321
State and political subdivisions taxable 33    
Interest-earning deposits with banks and federal funds sold 304 185 168
Total interest income 18,046 17,847 18,457
Interest Expense      
Interest checking and money market accounts 310 278 299
Savings deposits 47 44 57
Time deposits $250,000 and over 58 69 49
Other time deposits 308 728 948
Short-term borrowed funds 37 64 34
Long-term debt 550 550 573
Total interest expense 1,310 1,733 1,960
Net interest income 16,736 16,114 16,497
Provision for (recovery of) loan losses (88) (620) (389)
Net interest income after provision for loan losses 16,824 16,734 16,886
Noninterest Income      
Service charges on deposit accounts 1,189 1,293 1,467
Other service fees and commissions 4,294 4,117 3,928
Gain (loss) on sale of securities (includes reclassification of $544, $536, and ($2) from accumulated comprehensive income in 2016, 2015 and 2014, respectively) 544 536 (2)
Income from mortgage loan sales 3,795 2,306 1,001
Other income 509 318 529
Total noninterest income 10,331 8,570 6,923
Noninterest Expense      
Salaries and employee benefits 14,522 13,186 12,051
Net occupancy expense 1,189 1,139 1,107
Equipment expense 646 678 680
Data processing costs 705 734 729
Office supplies and printing 161 217 273
Foreclosed real estate expense 501 713 848
Professional fees and services 703 594 847
Marketing and donations 941 852 762
Electronic banking expense 1,170 1,083 939
Software amortization and maintenance 697 578 535
FDIC insurance 269 375 425
Other noninterest expense 2,545 2,342 2,286
Total noninterest expense 24,049 22,491 21,482
Income before income taxes 3,106 2,813 2,327
Income taxes (includes reclassification of (($210), ($207), and $1) from accumulated other comprehensive income, respectively) 895 806 648
Net income 2,211 2,007 1,679
Less: Net income attributable to noncontrolling interest (593) (592) (591)
Net income attributable to Uwharrie Capital Corp 1,618 1,415 1,088
Dividends on preferred stock 0 0 0
Net Income available to common shareholders $ 1,618 $ 1,415 $ 1,088
Net income per common share      
Basic $ 0.23 $ 0.20 $ 0.14
Diluted $ 0.23 $ 0.20 $ 0.14
Weighted average common shares outstanding      
Basic 7,096,969 7,193,712 7,595,948
Diluted 7,097,075 7,193,712 7,595,948