Wednesday, November 14, 2012 —
Uwharrie Capital Corp. and its subsidiary banks, Bank of Stanly, Anson Bank and Trust and Cabarrus Bank and Trust, reported consolidated total assets of $534.9 million at Sept. 30, 2012 versus $526.9 million at Dec. 31, 2011. Net income for the nine-month period ended Sept. 30, 2012 was $1.4 million versus $1.2 million for the same period in 2011. For each of the nine-month period ended Sept. 30, 2012 and Sept. 30, 2011, net income available to common shareholders was $879,000 and $689,000 respectively. Net income available to shareholders takes into consideration the payment of dividends on preferred stock issued by the company.
Net income for the three month period ended Sept. 30, 2012 was $262,000 versus $255,000 for the same period in 2011. For each of the three-month period ended Sept. 30, 2012 and Sept. 30, 2011, net income available to common shareholders was $101,000 and $94,000 respectively.
Uwharrie Capital Corp. offers a full range of financial solutions through its financial services companies including Bank of Stanly, Anson Bank and Trust, Cabarrus Bank and Trust, Strategic Investment Group and Strategic Investment Advisors.
Local News
Uwharrie Capital reports financial notices
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Stanly Community College conducts commencement
On May 15, Stanly Community College (SCC) celebrated its 42nd commencement day to honor and recognize the achievements of all the graduates. Three separate ceremonies were conducted at the Stanly County Agri-Civic Center to accommodate nearly 2,000 students, family and friends that gathered to witness their loved ones receive their degrees, diplomas and certificates.
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Safe Kids Stanly County offers safety tips for land, water
In honor of National Kids Safety Day, Safe Kids Stanly County had a Safe Kids Day Saturday morning in front of All 4 Fun Inflatables in Albemarle. The event was from 10 a.m. to 1 p.m. and featured an array of informational services provided by volunteers from different organizations from around the county who are a part of the Safe Kids Stanly County Coalition.
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Second-time parents have options
One of the statistically fastest growing groups in the United States is grandparents and others raising children the second time around.
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GHA Autism Supports offers community supported agriculture program
On June 2, 2003, GHA Autism Supports began construction on Carolina Farms, an innovative program in the Millingport area designed to enable individuals from the autistic population to realize a dream of living and working in a farming environment in Stanly County.
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Building a Movement for Play: Non-Profit Organization KaBOOM! Names Albemarle Among 217 “Playful City USA” Communities
WASHINGTON, D.C. – With research proving play is critical to the overall well-being of children, 217 cities and towns, including Albemarle, earned recognition from national non-profit KaBOOM! as 2013 Playful City USA communities for their efforts to give children the childhood they deserve by providing ample opportunities for play.
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Community joins for Day of Prayer
Residents and officials bowed their heads in prayer Thursday afternoon in observance of the National Day of Prayer. In Stanly County, events were conducted at noon in the cities of Locust and Albemarle, and in the town of Oakboro.
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The UPS Store joins Chamber of Commerce
The UPS Store, at 656-5 N.C. 24-27 East, celebrated joining the Stanly County Chamber of Commerce April 26 by snipping a length of large red ribbon. Friends, family, supporters and Chamber representatives joined owners Greg and Paula Dorko for the event.
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Pfeiffer group lends support
Earlier this week, current NBA player Jason Collins announced to the world in a “Sports Illustrated” article that he was gay.
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The Naked Pig Meat Co. opens in Oakboro
The Hatley family in Oakboro prefers their pigs to be naked.
Shawn and Jenny Hatley, owners of The Naked Pig Meat Co., have opened up a retail store of pig-based meats to share their affection of “naked meats” with the county -
Car fans enjoy Norwood VFW’s annual event
Dazzling collector and rumbling performance cars of all makes and models were on display Saturday as the Norwood Veterans of Foreign Wars (VFW) Post 6183 hosted its 18th Annual Arbor Day VFW Car Show.
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