Uwharrie Capital Corp (UWHR)

Uwharrie Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	39.8	38.37	29.5	21.63	23.17	20.08
Interest Income on Investments	16.06	16.35	16.22	9.93	4.46	3.99
Total Interest Income	55.87	54.72	45.72	31.56	27.63	24.08
Interest Paid on Deposits	17.88	17.25	11.65	2.46	0.74	1.68
Interest Paid on Borrowings	1.5	1.55	1.38	1.36	0.8	0.57
Total Interest Expense	19.38	18.8	13.02	3.82	1.54	2.24
Net Interest Income	36.49	35.93	32.7	27.74	26.09	21.83
Net Interest Income Growth (YoY)	9.29%	9.88%	17.87%	6.33%	19.50%	8.07%
Gain (Loss) on Sale of Assets	-0.01	-0.01	0.2	0.17	0.05	0.41
Gain (Loss) on Sale of Investments	-0.03	-0.12	-0.03	-0.19	0.96	0.52
Other Non-Interest Income	5.75	5.99	5.08	5.71	5.64	4.2
Total Non-Interest Income	9.79	9.74	9.47	10.13	18.93	20.88
Non-Interest Income Growth (YoY)	-0.27%	2.83%	-6.56%	-46.48%	-9.32%	131.84%
Revenues Before Loan Losses	46.28	45.66	42.16	37.87	45.02	42.71
Provision for Loan Losses	0.84	0.53	1.51	-1.76	-0.92	2.39
Revenue	45.44	45.13	40.65	39.63	45.94	40.32
Revenue Growth (YoY)	8.20%	11.03%	2.57%	-13.73%	13.93%	35.33%
Salaries and Employee Benefits	20.84	20.63	19.12	19.49	21.52	19.75
Occupancy Expenses	1.39	1.35	1.35	1.27	1.35	1.4
Federal Deposit Insurance	0.57	0.56	0.48	0.3	0.23	0.3
Amortization of Goodwill & Intangibles	1.38	1.35	1.25	1.24	1.38	1.26
Selling, General & Administrative	4.88	4.9	4.4	4.33	4.21	3.88
Other Non-Interest Expense	3.37	3.59	3.29	3.06	4.41	3.29
Total Non-Interest Expense	32.42	32.37	29.89	29.68	33.09	29.88
EBT Excluding Unusual Items	13.02	12.76	10.76	9.95	12.85	10.44
Pretax Income	13.02	12.76	10.76	9.95	12.85	10.44
Income Tax Expense	2.94	2.85	2.17	1.71	2.76	2.34
Earnings From Continuing Operations	10.08	9.91	8.6	8.25	10.08	8.11
Minority Interest in Earnings	-0.56	-0.57	-0.57	-0.57	-0.57	-0.57
Net Income	9.51	9.34	8.03	7.68	9.52	7.54
Net Income to Common	9.51	9.34	8.03	7.68	9.52	7.54
Net Income Growth	12.48%	16.32%	4.52%	-19.27%	26.23%	198.85%
Basic Shares Outstanding	7	7	7	7	8	8
Diluted Shares Outstanding	7	7	7	7	8	8
Shares Change (YoY)	-2.41%	-2.09%	-0.68%	-3.45%	-2.25%	-2.89%
EPS (Basic)	1.33	1.30	1.09	1.04	1.24	0.96
EPS (Diluted)	1.33	1.30	1.09	1.04	1.24	0.96
EPS Growth	15.18%	19.23%	4.86%	-16.38%	29.34%	210.67%
Effective Tax Rate	22.60%	22.35%	20.14%	17.13%	21.51%	22.38%

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.