Uwharrie Capital Corp Year-End 2025 - Earnings Release

Core Insights - Uwharrie Capital Corp reported a consolidated total asset increase to $1.20 billion as of December 31, 2025, up from $1.13 billion in 2024, marking a $68 million or 6% growth for the year [1] - The net income for the twelve-month period ending December 31, 2025, was $11.4 million, compared to $9.9 million for the same period in 2024, reflecting a year-over-year increase of $1.5 million or 15% [1] - Net income available to common shareholders was $10.8 million or $1.49 per share for the twelve months ended December 31, 2025, compared to $9.3 million or $1.26 per share for the same period in 2024 [1] Financial Performance - The increase in total assets was primarily driven by growth in customer deposits across multiple deposit product sectors [1] - The improvement in net income is attributed to growth in margin from an increase in loans held by the company while maintaining appropriate credit quality levels [1] Company Overview - Uwharrie Capital Corp provides a full range of financial solutions through its subsidiaries, Uwharrie Bank and Uwharrie Investment Advisors [1]