Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
ASSETS
Cash and due from banks	$ 10,768	$ 9,713
Interest-earning deposits with banks	100,250	42,554
Cash and cash equivalents	111,018	52,267
Securities available for sale, at fair value (amortized cost $378,890 and $365,088 respectively)	354,920	332,986
Securities held to maturity, at amortized cost (fair value $20,016 and $24,561 respectively)	22,023	26,813
Less allowance for credit losses on securities held to maturity	(46)	(68)
Net securities held to maturity	21,977	26,745
Equity securities, at fair value	332	334
Loans held for sale	5,083	4,561
Loans held for investment	677,390	666,377
Less allowance for credit losses on loans	(6,356)	(5,824)
Net loans held for investment	671,034	660,553
Premises and equipment, net	14,171	14,479
Interest receivable	4,700	4,355
Restricted stock	1,779	1,709
Bank-owned life insurance	8,044	7,938
Deferred income tax benefit	7,132	8,983
Loan servicing assets	3,799	3,903
Mortgage banking derivatives	944	795
Other assets	10,893	9,200
Total assets	1,215,826	1,128,808
Deposits:
Demand noninterest-bearing	287,219	272,355
Interest checking and money market accounts	429,147	395,079
Savings deposits	100,842	92,954
Time deposits, $250,000 and over	137,654	133,335
Other time deposits	149,191	136,513
Total deposits	1,104,053	1,030,236
Short-term borrowed funds	43	1,414
Long-term debt	29,219	29,161
Mortgage banking derivatives	52
Other liabilities	11,493	10,318
Total liabilities	1,144,860	1,071,129
Off balance sheet items, commitments and contingencies (Note 9)
SHAREHOLDERS’ EQUITY
Common stock, $1.25 par value: 20,000,000 shares authorized; shares issued and outstanding 6,988,394 and 7,077,941 at September 30, 2025 and December 31, 2024, respectively	8,735	8,847
Common stock dividend distributable	262
Additional paid-in capital	13,666	12,553
Undivided profits	56,089	50,351
Accumulated other comprehensive loss	(18,441)	(24,727)
Total Uwharrie Capital Corp shareholders’ equity	60,311	47,024
Noncontrolling interest	10,655	10,655
Total shareholders’ equity	70,966	57,679
Total liabilities and shareholders’ equity	$ 1,215,826	$ 1,128,808

UWHARRIE CAPITAL CORP 10-Q