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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest Income    
Loans, including fees $ 5,107 $ 6,062
Investment securities    
Investment securities, taxable 1,015 826
Investment securities, non-taxable 358 253
Equity Securities 5  
Interest-earning deposits with banks and federal funds sold 40 16
Total interest income 6,525 7,157
Interest Expense    
Interest checking and money market accounts 113 91
Savings deposits 18 15
Time deposits, $250,000 and over 14 29
Other time deposits 32 76
Short-term borrowed funds 1 1
Long-term debt 315 136
Total interest expense 493 348
Net interest income 6,032 6,809
Provision for (recovery of) loan losses 118 (34)
Net interest income after provision for (recovery of) loan losses 5,914 6,843
Noninterest Income    
Service charges on deposit accounts 243 242
Gain (loss) on sale of securities (91) 940
Realized/unrealized loss on equity securities (9) (19)
Income from mortgage banking 1,267 5,106
Supplemental executive retirement plan loss (48) (187)
Other income 128 176
Total noninterest income 2,629 7,107
Noninterest Expense    
Salaries and employee benefits 5,016 5,389
Net occupancy expense 425 426
Equipment expense 188 172
Data processing costs 212 165
Loan costs 169 306
Professional fees and services 212 236
Marketing and donations 334 621
Electronic banking expense 111 89
Software amortization and maintenance 311 390
FDIC insurance 62 71
Supplemental executive retirement plan loss (48) (187)
Other noninterest expense 582 467
Total noninterest expense 7,574 8,145
Income before income taxes 969 5,805
Income taxes 168 1,222
Net income 801 4,583
Less: net income attributable to noncontrolling interest (139) (139)
Net income attributable to Uwharrie Capital Corp and common shareholders $ 662 $ 4,444
Net income per common share    
Basic $ 0.10 $ 0.61
Diluted $ 0.10 $ 0.61
Weighted average shares outstanding    
Basic 6,951,961 7,262,313
Diluted 6,951,961 7,262,313
Interchange and Card Transaction Fees, Net [Member]    
Noninterest Income    
Noninterest income fees $ 238 $ 219
Other Services and Commissions [Member]    
Noninterest Income    
Noninterest income fees $ 901 $ 630