UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) March 6, 2014

UWHARRIE CAPITAL CORP

(Exact name of Registrant as specified in charter)

Registrant’s telephone number, including area code 704-983-6181

N/A

(Former Name or former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

On March 6, 2014, Uwharrie Capital Corp (the “Registrant”) announced financial results for the year ended December 31, 2013. The Registrant reported consolidated total assets of $517.3 million at December 31, 2013 versus $545.0 million at December 31, 2012 driven primarily from a decline in gross loans of $21.8 million.

Net income for the year ending December 31, 2013 was $954 thousand versus $404 thousand for the same period in 2012. Net Income available to shareholders was $151 thousand or $0.02 per common share for the year ending December 31, 2013 compared to net loss available to shareholders of ($241) thousand or ($0.03) per share for the same period in 2012. Net income available to shareholders takes into consideration the payment of dividends on preferred stock issued by the Company. Uwharrie paid $803 thousand in dividends to its preferred shareholders during 2013 and $645 thousand during 2012. During 2013, there was a short period before Uwharrie completed the full repayment of its TARP Preferred Stock to the U.S. Treasury which contributed to the increase in preferred dividends paid in 2013.

During 2013, asset quality and earnings from operations continued to show improvement, Uwharrie wrote down $ 1.6 million on its other real estate owned portfolio as compared to $3.0 million for 2012, an improvement of $1.4 million. Also during 2013, Uwharrie experienced an improvement of $1.8 million in loan loss provisions, reporting $0.28 thousand in 2013 compared to $1.8 million in 2012. Uwharrie Capital ended the year with risk-based capital ratio of 16.68% which compares favorably to peers.

A copy of the press release (the “Press Release”) announcing the Registrant’s results is attached as Exhibit 99.1 and incorporated by reference herein.

This Current Report on Form 8-K (including information included or incorporated by reference herein) may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements regarding certain of the Registrant’s goals and expectations with respect to earnings, income per share, revenue, expenses and the growth rate in such items, as well as other measures of economic performance, including statements relating to estimates of credit quality trends, and (ii) statements preceded by, followed by or that include the words “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “projects,” “outlook” or similar expressions. These statements are based upon the current belief and expectations of the Registrant’s management and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond the Registrant’s control).

(d) Exhibits

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 6, 2014

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