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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 5,144 $ 6,301
Interest-earning deposits with banks 91,916 82,567
Cash and cash equivalents 97,060 88,868
Securities available for sale, at fair value 190,083 191,513
Securities held to maturity, at amortized cost (fair value $28,818 and $29,600, respectively) 27,802 28,207
Equity security, at fair value 404 1,352
Loans held for sale 14,213 6,959
Loans:    
Loans held for investment 460,441 467,741
Less allowance for loan losses (4,252) (4,402)
Net loans held for investment 456,189 463,339
Premises and equipment, net 16,698 16,982
Interest receivable 2,344 2,524
Restricted stock 921 1,166
Bank-owned life insurance 8,968 8,936
Prepaid assets 1,218 1,146
Loan servicing assets 4,511 3,957
Mortgage interest rate lock commitments, at fair value 2,108 2,073
Mortgage forward sales commitments 623  
Other assets 9,455 10,748
Total assets 832,597 827,770
Deposits:    
Demand noninterest-bearing 240,651 205,788
Interest checking and money market accounts 347,962 381,502
Savings deposits 82,336 74,792
Time deposits, $250,000 and over 22,981 28,825
Other time deposits 50,219 52,289
Total deposits 744,149 743,196
Short-term borrowed funds 1,338 710
Long-term debt 11,242 10,992
Interest payable 16 21
Mortgage forward sales commitments   388
Other liabilities 16,026 13,226
Total liabilities 772,771 768,533
Off balance sheet items, commitments and contingencies (Note 10)
SHAREHOLDERS’ EQUITY    
Common stock, $1.25 par value: 20,000,000 shares authorized; shares issued and outstanding 7,039,942 and 7,052,143, at March 31, 2021 and December 31, 2020, respectively 8,800 8,815
Additional paid-in capital 12,539 12,607
Undivided profits 27,444 23,000
Accumulated other comprehensive income 388 4,160
Total Uwharrie Capital Corp shareholders’ equity 49,171 48,582
Noncontrolling interest 10,655 10,655
Total shareholders’ equity 59,826 59,237
Total liabilities and shareholders’ equity $ 832,597 $ 827,770