Uwharrie Bank: how it compares with its peers
Against 8 NC banks with half to twice its assets, Uwharrie Bank's strongest measure in Q2 2026 is return on assets (1.26% vs. a 1.28% peer median). Its weakest relative measure is net interest margin (3.57% vs. 4.04%).
| Measure | Uwharrie Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.26% | 1.28% | Middle third Ahead of 50% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.57% | 4.04% | Bottom third Ahead of 13% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 66.41% | 59.73% | Middle third Ahead of 38% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.9M | $8.4M | Bottom third Ahead of 13% of peers |
| Loans to deposits Net loans and leases over total deposits. | 62.95% | 93.85% | Context |
What it means for lending operations
Its efficiency ratio of 66.41% is above the 59.73% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Piedmont Federal Savings Bank Winston Salem, NC · $1.32B
- Farmers & Merchants Bank Granite Quarry, NC · $999M
- North State Bank Raleigh, NC · $1.46B
- Providence Bank Rocky Mount, NC · $1.51B
- KS Bank, Inc. Smithfield, NC · $874M
- Peoples Bank Newton, NC · $1.76B
Questions about Uwharrie Bank
How big is Uwharrie Bank?
Uwharrie Bank, established in 1984, is headquartered in Albemarle, NC. It reported $1.22B in total assets in its Q2 2026 FDIC call report and operates 10 offices.
What is Uwharrie Bank's return on assets?
1.26% annualized in Q2 2026, against a 1.28% median for 8 NC banks with half to twice its assets, ahead of 50% of them.
What is Uwharrie Bank's efficiency ratio?
66.41% in Q2 2026: it spent about 66 cents in noninterest expense for each dollar of revenue. The peer median is 59.73%, and lower is better.
Is Uwharrie Bank growing its loans?
Net loans grew 2.0% over the year to Q2 2026, while deposits grew 3.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NC banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every North Carolina bank ranked.