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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 5,069 $ 6,301
Interest-earning deposits with banks 122,001 82,567
Cash and cash equivalents 127,070 88,868
Securities available for sale, at fair value 200,148 191,513
Securities held to maturity, at amortized cost (fair value $29,282 and $29,600, respectively) 27,803 28,207
Equity security, at fair value 411 1,352
Loans held for sale 10,394 6,959
Loans:    
Loans held for investment 438,053 467,741
Less allowance for loan losses (4,174) (4,402)
Net loans held for investment 433,879 463,339
Premises and equipment, net 16,451 16,982
Interest receivable 2,171 2,524
Restricted stock 921 1,166
Bank-owned life insurance 9,000 8,936
Prepaid assets 1,079 1,146
Loan servicing assets 4,921 3,957
Mortgage banking derivatives 1,589 2,073
Other assets 9,423 10,748
Total assets 845,260 827,770
Deposits:    
Demand noninterest-bearing 235,335 205,788
Interest checking and money market accounts 368,870 381,502
Savings deposits 87,074 74,792
Time deposits, $250,000 and over 19,979 28,825
Other time deposits 48,035 52,289
Total deposits 759,293 743,196
Short-term borrowed funds 1,271 710
Long-term debt 9,992 10,992
Interest payable 12 21
Mortgage banking derivatives 78 388
Other liabilities 13,054 13,226
Total liabilities 783,700 768,533
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 6,964,242 and 7,052,143, at June 30, 2021 and December 31, 2020, respectively 8,705 8,815
Additional paid-in capital 12,030 12,607
Undivided profits 28,907 23,000
Accumulated other comprehensive income 1,263 4,160
Total Uwharrie Capital Corp shareholders’ equity 50,905 48,582
Noncontrolling interest 10,655 10,655
Total shareholders’ equity 61,560 59,237
Total liabilities and shareholders’ equity $ 845,260 $ 827,770