Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - UWHARRIE CAPITAL CORP | d916659d8k.htm |
Exhibit 99.1
First Quarter 2015 – Earnings Release
FOR IMMEDIATE RELEASE
| From: | Nicole Williams | |
| Uwharrie Capital Corp | ||
| 704-991-1276 | ||
| Date: | April 28, 2015 | |
Albemarle - Uwharrie Capital Corp and its subsidiary, Uwharrie Bank, reported consolidated total assets of $515.1 million at March 31, 2015, versus $518.5 million at December 31, 2014. Net income for the three-month period ended March 31, 2015, was $637 thousand versus $537 thousand for the same period in 2014, a 19% improvement. For the three months, ended March 31, 2015, net income available to common shareholders was $491 thousand or $0.07 per share compared to $391 thousand or $0.05 per share for March 31, 2014, a 26% improvement. Net income available to common shareholders takes into consideration the payment of dividends on preferred stock issued by the Company.
Contact David Beaver, Chief Financial Officer at 704-991-1266 for further information.
About Uwharrie Capital Corp
Uwharrie Capital Corp offers a full range of financial solutions through its subsidiaries: Uwharrie Bank and Strategic Investment Advisors. Additional information on Uwharrie Capital Corp may be found at www.UwharrieCapitalCorp.com or by calling 704-982-4415.
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