Uwharrie Bank Mortgage Rates, Fees & Info

Albemarle, NC

LEI: 5493001LHLYJE6PHUL18

Tax ID: 56-1366219

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Uwharrie Bank is a smaller bank specializing in Home Purchase and Refi loans. Uwharrie Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Charlotte, Albemarle, Myrtle Beach, Hickory, and Winston among others. We have data for 47 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Uwharrie Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Uwharrie Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.15% 4/21/24
    30 Year Conventional Purchase 6.67% 4/21/24
    30 Year Conventional Refi 6.74% 4/21/24
    30 Year Cash-out Refi 6.72% 4/21/24
    30 Year FHA Purchase 7.34% 4/21/24
    30 Year VA Purchase 6.21% 4/21/24
    30 Year USDA Purchase 6.82% 4/21/24
    15 Year Conventional Purchase 6.95% 4/21/24
    15 Year Conventional Refi 6.54% 4/21/24
    15 Year Cash-out Refi 6.54% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Uwharrie Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Uwharrie Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,320

    Origination Dollar Volume (All Markets)

    $361,440,000

    Employee count

    174 Show all (15) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 797 $238,285,000 $298,977 $2,545 3.02%
    Albemarle, NC (FHA|USDA|VA) 292 $60,320,000 $206,575 $2,451 3.18%
    Outside of Metro Areas 45 $10,595,000 $235,444 $2,745 3.02%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 27 $8,695,000 $322,037 $2,628 3.19%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 17 $5,295,000 $311,471 $2,921 2.92%
    WINSTON-SALEM, NC (FHA|USDA|VA) 18 $4,720,000 $262,222 $2,602 2.90%
    ASHEVILLE, NC (FHA|USDA|VA) 13 $3,065,000 $235,769 $2,477 2.99%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $2,535,000 $507,000 $3,881 2.68%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 8 $2,260,000 $282,500 $2,471 2.89%
    Boone, NC (FHA|USDA|VA) 6 $2,160,000 $360,000 $2,050 2.77%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $2,035,000 $290,714 $2,907 3.02%
    Shelby, NC (FHA|USDA|VA) 8 $1,910,000 $238,750 $3,570 2.89%
    RALEIGH-CARY, NC (FHA|USDA|VA) 8 $1,750,000 $218,750 $1,761 3.20%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 6 $1,280,000 $213,333 $2,090 3.00%
    COLUMBIA, SC (FHA|USDA|VA) 6 $1,260,000 $210,000 $4,630 3.44%
    North Wilkesboro, NC (FHA|USDA|VA) 5 $1,155,000 $231,000 $3,406 3.83%
    FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,135,000 $227,000 $1,911 3.08%
    WILMINGTON, NC (FHA|USDA|VA) 4 $990,000 $247,500 $1,948 3.25%
    SAVANNAH, GA (FHA|USDA|VA) 3 $915,000 $305,000 $2,492 3.08%
    Rockingham, NC (FHA|USDA|VA) 5 $905,000 $181,000 $2,961 3.93%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $850,000 $425,000 $4,960 2.50%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $725,000 $725,000 $6,308 3.13%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $665,000 $221,667 $2,253 2.79%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $545,000 $545,000 $1,360 3.13%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $545,000 $545,000 $3,973 3.00%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $540,000 $270,000 $2,008 2.81%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $530,000 $265,000 $2,142 3.38%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $505,000 $505,000 $3,569 2.25%
    FLORENCE, SC (FHA|USDA|VA) 2 $460,000 $230,000 $6,202 3.13%
    NEW BERN, NC (FHA|USDA|VA) 2 $440,000 $220,000 $1,970 3.13%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $425,000 $425,000 $3,491 2.50%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $400,000 $200,000 $1,946 3.19%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $375,000 $375,000 $2,895 3.63%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $365,000 $365,000 $6,093 3.95%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $345,000 $345,000 $2,471 3.25%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $345,000 $345,000 $0 4.73%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $335,000 $335,000 $1,315 2.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $315,000 $315,000 $3,873 4.63%
    Marion, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,797 3.00%
    Cullowhee, NC (FHA|USDA|VA) 1 $295,000 $295,000 $4,014 2.38%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $235,000 $235,000 $2,746 3.38%
    JONESBORO, AR (FHA|USDA|VA) 1 $135,000 $135,000 $2,429 3.50%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $125,000 $125,000 $1,735 3.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,838 2.50%
    GREENVILLE, NC (FHA|USDA|VA) 1 $85,000 $85,000 $1,758 3.63%
    CHARLESTON, WV (FHA|USDA|VA) 1 $85,000 $85,000 $1,855 3.75%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $85,000 $85,000 $3,892 3.25%
    Uwharrie Bank's top markets include Charlotte, Albemarle, Myrtle Beach, Hickory, and Winston among others.

    Their top states include:
  • North Carolina (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Uwharrie Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Piedmont Federal Savings Bank
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    OCEANSIDE MORTGAGE COMPANY
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    Countybank
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    UNITED SECURITY FINANCIAL CORP
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    Arthur State Bank
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,223 $335,125,000 $274,019 $2,355 3.09%
    FHA 54 $12,940,000 $239,630 $6,487 2.93%
    VA 30 $10,710,000 $357,000 $3,213 2.63%
    USDA 13 $2,665,000 $205,000 $4,131 2.80%

    For 2021, Uwharrie Bank's most frequently originated type of loan was Conventional, with 1,223 originations. Their 2nd most popular type was FHA, with 54 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 555 $171,935,000 $309,793 $3,054 3.12%
    Refi 452 $107,630,000 $238,119 $2,112 2.92%
    Cash Out Refi 284 $71,940,000 $253,310 $2,332 3.14%
    Other 23 $4,015,000 $174,565 $2,563 3.34%
    Home Improvement 6 $5,920,000 $986,667 $1,902 4.12%

    For 2021, Uwharrie Bank's most frequently cited loan purpose was Home Purchase, with 555 originations. The 2nd most popular reason was Refi, with 452 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 946 $273,730,000 $289,355 $2,726 3.13%
    15 Year 222 $44,150,000 $198,874 $2,075 2.80%
    20 Year 108 $26,350,000 $243,981 $2,241 3.10%
    10 Year 31 $5,645,000 $182,097 $1,827 2.63%
    Other 10 $11,100,000 $1,110,000 $3,763 3.44%
    5 Year 2 $220,000 $110,000 $0 4.33%
    1 Year 1 $245,000 $245,000 $5,069 4.35%

    For 2021, Uwharrie Bank's most frequently cited loan duration was 30 Year, with 946 originations. The 2nd most popular length was 15 Year, with 222 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,145 $302,295,000 $264,013
    $1k-2k 85 $23,645,000 $278,176
    $2k-3k 37 $11,515,000 $311,216
    $3k-4k 14 $4,430,000 $316,429
    $4k-5k 9 $3,045,000 $338,333
    $5k+ 5 $4,985,000 $997,000

    Uwharrie Bank's average total fees were $2,726, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,145 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 581 $171,295,000 $294,828
    3-4% 536 $138,510,000 $258,414
    <2.5% 156 $43,880,000 $281,282
    4-5% 38 $6,090,000 $160,263
    5-6% 6 $1,330,000 $221,667
    6-7% 1 $105,000 $105,000
    7-8% 1 $35,000 $35,000
    % 1 $195,000 $195,000

    During 2021, Uwharrie Bank's average interest rate for loans was 3.13%, while their most frequently originated rate bucket for loans was 2.5-3%, with 581 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 586 $164,210,000 $280,222 $2,724 2.97%
    $100k-200k 411 $61,695,000 $150,109 $2,148 3.18%
    $400k-600k 183 $88,055,000 $481,175 $2,904 2.97%
    $100,000 or less 103 $8,115,000 $78,786 $1,938 3.33%
    $600k-1MM 24 $17,530,000 $730,417 $4,214 2.94%
    $1MM+ 13 $21,835,000 $1,679,615 $5,988 3.25%

    2021 saw Uwharrie Bank place emphasis on $200k-400k loans with 586 originations, totaling $164,210,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 294 $58,530,000 $199,082 $2,526 3.09%
    $100k-150k 274 $81,440,000 $297,226 $2,490 3.01%
    $75k-100k 218 $53,440,000 $245,138 $2,676 3.03%
    $150k-250k 210 $74,730,000 $355,857 $2,501 2.99%
    $50k or less 182 $26,800,000 $147,253 $2,364 3.24%
    $250k+ 104 $50,560,000 $486,154 $3,119 3.02%

    Uwharrie Bank lent most frequently to those with incomes in the $50k-75k range, with 294 originations. The second most popular income band? $100k-150k, with 274 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 333 $86,745,000 $260,495 $2,353 3.03%
    30-36% 231 $64,855,000 $280,758 $2,530 3.04%
    <20% 139 $33,375,000 $240,108 $2,033 2.91%
    44% 54 $14,090,000 $260,926 $2,575 3.03%
    41% 53 $13,745,000 $259,340 $2,646 3.13%
    38% 51 $12,665,000 $248,333 $2,664 2.97%
    40% 47 $11,215,000 $238,617 $3,179 3.11%
    42% 46 $13,250,000 $288,043 $2,951 3.11%
    39% 46 $13,010,000 $282,826 $2,566 3.14%
    43% 43 $12,535,000 $291,512 $2,519 3.17%
    37% 40 $10,630,000 $265,750 $2,623 3.07%
    49% 37 $10,325,000 $279,054 $2,616 3.11%
    36% 34 $8,590,000 $252,647 $2,469 3.21%
    45% 30 $8,290,000 $276,333 $2,846 3.09%
    48% 28 $7,650,000 $273,214 $2,513 3.05%
    47% 24 $6,710,000 $279,583 $2,726 3.00%
    46% 21 $6,055,000 $288,333 $3,280 2.99%
    50-60% 17 $4,565,000 $268,529 $4,615 3.27%
    >60% 2 $1,600,000 $800,000 $4,339 2.56%

    Uwharrie Bank lent most frequently to those with DTI ratios of 20-30%, with 333 originations. The next most common DTI ratio? 30-36%, with 231 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,030 $275,340,000 $267,320 $2,487 3.05%
    Not provided 183 $52,035,000 $284,344 $2,461 3.08%
    Black 72 $17,550,000 $243,750 $3,758 3.10%
    Not applicable 10 $8,770,000 $877,000 $0 4.20%
    Asian 15 $5,155,000 $343,667 $3,248 3.01%
    American Indian 6 $1,480,000 $246,667 $3,152 3.17%
    Asian Indian 2 $780,000 $390,000 $2,536 3.13%
    Other Asian 2 $330,000 $165,000 $2,234 3.38%

    Approval Rates

    Total approvals of all applications
    96.94%

    Uwharrie Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    83.56%

    Uwharrie Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,320 $361,440,000 $273,818

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,320 $361,440,000 $273,818

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 105 $18,365,000 $174,905 $2,108 2.91%
    40-60% 272 $65,930,000 $242,390 $2,162 2.99%
    60-80% 550 $165,750,000 $301,364 $2,400 3.13%
    80-100% 379 $108,805,000 $287,084 $3,179 3.07%
    Over 100% 7 $1,775,000 $253,571 $5,238 3.00%
    Under 20% 5 $485,000 $97,000 $1,819 3.29%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Uwharrie Bank 107 South Main Street Norwood, NC 28128 Full Service B&M $63,104
    Uwharrie Bank 1490 South Main Street Mount Pleasant, NC 28124 Full Service B&M $23,407
    Uwharrie Bank 167 North Second Street Albemarle, NC 28001 Full Service B&M $232,918
    Uwharrie Bank 211 South Greene Street Wadesboro, NC 28170 Full Service B&M $70,860
    Uwharrie Bank 224 N Main St Oakboro, NC 28129 Full Service B&M $40,114
    Uwharrie Bank 25 Palaside Drive, N.E. Concord, NC 28025 Full Service B&M $162,533
    Uwharrie Bank 416 West Main Street, Po Box 715 Locust, NC 28097 Full Service B&M $58,433
    Uwharrie Bank 5231 Piper Station Drive Charlotte, NC 28277 Full Service B&M $29,349
    Uwharrie Bank 710 North First Street Albemarle, NC 28001 Full Service B&M $23,967
    Uwharrie Bank 800 Highway 24-27 Bypass Albemarle, NC 28001 Full Service B&M $57,252

    For 2021, Uwharrie Bank had 10 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $27,769
    Net interest income $27,024
    Total noninterest income $17,424
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $920
    Trading account gains and fees $0
    Additional Noninterest Income $16,504
    Pre-tax net operating income $12,744
    Securities gains (or losses, -) $991
    Income before extraordinary items $10,784
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $10,784
    Minority interest net income $0
    Net income $10,784
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $10,001

    Uwharrie Bank's gross interest income from loans was $27,769,000.
    Uwharrie Bank's net interest income from loans was $27,024,000.
    Uwharrie Bank's fee based income from loans was $920,000.
    Uwharrie Bank's net income from loans was $10,784,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $745
    Provision for credit losses $-918
    Total noninterest expense $32,622
    Salaries and employee benefits $19,817
    Premises and equipment expense $2,458
    Additional noninterest expense $10,347
    Applicable income taxes $2,951
    Net charge-offs $-542
    Cash dividends $565

    Uwharrie Bank's interest expense for loans was $745,000.
    Uwharrie Bank's payroll and benefits expense were $19,817,000.
    Uwharrie Bank's property, plant and equipment expenses $2,458,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $841,663
    Deposits held in domestic offices $841,663
    Deposits by Individuals, partnerships, and corporations $735,571
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $106,092
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $269,685
    Demand deposits $52,770
    Nontransaction accounts $571,978
    Money market deposit accounts (MMDAs) $209,022
    Other savings deposits (excluding MMDAs) $290,829
    Total time deposits $72,128
    Total time and savings deposits $788,893
    Noninterest-bearing deposits $52,770
    Interest-bearing deposits $788,893
    Retail deposits $816,904
    IRAs and Keogh plan accounts $19,526
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $937,793
    Cash & Balances due from depository institutions $94,410
    Interest-bearing balances $89,112
    Total securities $361,138
    Federal funds sold & reverse repurchase $0
    Net loans and leases $438,436
    Loan and leases loss allowance $4,026
    Trading account assets $0
    Bank premises and fixed assets $15,726
    Other real estate owned $0
    Goodwill and other intangibles $5,078
    All other assets $23,005

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $937,793
    Total Liabilities $852,282
    Total deposits $841,663
    Interest-bearing deposits $788,893
    Deposits held in domestic offices $841,663
    % insured (estimated) $69
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $10,619

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $438,436
    Loan and leases loss allowance $4,026
    Total loans and leases (domestic) $442,462
    All real estate loans $347,035
    Real estate loans in domestic offices $347,035
    Construction and development loans $36,699
    Residential 1-4 family construction $8,424
    Other construction, all land development and other land $28,275
    Loans secured by nonfarm nonresidential properties $149,755
    Nonfarm nonresidential secured by owner-occupied properties $80,128
    Commercial real estate & other non-farm, non-residential $69,627
    Multifamily residential real estate $787
    1-4 family residential loans $152,011
    Farmland loans $7,783
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $75,240
    To non-U.S. addressees $0
    Loans to individuals $9,579
    Credit card loans $2,083
    Related Plans $703
    Consumer Auto Loans $2,082
    Other loans to individuals $4,711
    All other loans & leases $10,608
    Loans to foreign governments and official institutions $0
    Other loans $5,495
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $3,667
    Non 1-4 family restructured loans & leases $1,970
    Total loans and leases (foreign) $0

    Uwharrie Bank had $438,436,000 of loans outstanding in 2021. $347,035,000 of loans were in real estate loans. $36,699,000 of loans were in development loans. $787,000 of loans were in multifamily mortgage loans. $152,011,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $2,083,000 of loans were in credit card loans. $2,082,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 258 $51,254 $198,659
    Nonfarm, nonresidential loans - <$100k 55 $2,594 $47,164
    Nonfarm, nonresidential loans - $100-250k 114 $14,900 $130,702
    Nonfarm, nonresidential loans - $250k-1MM 89 $33,760 $379,326
    Commercial & Industrial, US addressed loans - <$1MM 524 $40,348 $77,000
    Commercial & Industrial, US addressed loans - <$100k 338 $6,290 $18,609
    Commercial & Industrial, US addressed loans - $100-250k 100 $9,908 $99,080
    Commercial & Industrial, US addressed loans - $250k-1MM 86 $24,150 $280,814
    Farmland loans - <$1MM 29 $3,520 $121,379
    Farmland loans - <$100k 12 $580 $48,333
    Farmland loans - $100-250k 12 $1,554 $129,500
    Farmland loans - $250k-1MM 5 $1,386 $277,200