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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 6,705 $ 5,298
Interest-earning deposits with banks 109,005 89,112
Cash and cash equivalents 115,710 94,410
Securities available for sale, at fair value 322,268 330,337
Securities held to maturity, at amortized cost (fair value $29,909 and $32,045 respectively) 30,722 30,801
Equity security, at fair value 383 392
Loans held for sale 11,910 21,684
Loans:    
Loans held for investment 445,924 420,779
Less allowance for loan losses (4,156) (4,026)
Net loans held for investment 441,768 416,753
Premises and equipment, net 15,716 15,987
Interest receivable 2,731 2,554
Restricted stock 1,428 921
Bank-owned life insurance 9,095 9,066
Prepaid assets 1,179 968
Loan servicing assets 5,240 5,078
Mortgage banking derivatives 1,485 1,269
Other assets 14,105 9,460
Total assets 973,740 939,680
Deposits:    
Demand noninterest-bearing 268,574 239,422
Interest checking and money market accounts 436,397 422,942
Savings deposits 109,535 103,341
Time deposits, $250,000 and over 21,809 23,720
Other time deposits 47,183 47,327
Total deposits 883,498 836,752
Short-term borrowed funds 1,344 1,081
Long-term debt 29,549 29,530
Mortgage banking derivatives   50
Other liabilities 12,191 11,480
Total liabilities 926,582 878,893
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 6,930,717 and 6,959,556, at March 31, 2022 and December 31, 2021, respectively 8,664 8,700
Additional paid-in capital 11,814 12,032
Undivided profits 31,213 30,551
Accumulated other comprehensive loss (15,188) (1,151)
Total Uwharrie Capital Corp shareholders’ equity 36,503 50,132
Noncontrolling interest 10,655 10,655
Total shareholders’ equity 47,158 60,787
Total liabilities and shareholders’ equity $ 973,740 $ 939,680