Uwharrie Capital Corp. announced Barry S. Moose's intention to resign from the board of directors of the company, effective November 17, 2015. Mr. Moose's resignation was due to increased job responsibilities and out-of-town job-related travel obligations.

On November 17, 2015, the company's board of directors appointed James O. Campbell, Harvey H. Leavitt, III, Samuel M. Leder and Frank A. (Alex) Rankin, III to the board of directors. Mr. Rankin was appointed to fill the remaining term of Mr. Moose and Messrs. Campbell, Leavitt and Leder were appointed to fill vacancies created by an increase in the size of the registrant's board of directors from 16 to 19 members.

Each of Messrs. Campbell, Leavitt, Leder and Rankin also currently serves as a member of the board of directors of the company's wholly-owned subsidiary, Uwharrie Bank. Each of the newly appointed members of the company's board of directors will serve until the 2016 annual meeting of shareholders, or until such time as their successor is elected and duly qualified.

Messrs. Campbell and Leder currently serve as members of the audit committee. The company's full board of directors currently serves as the nominating committee, the human resources & compensation committee and the enterprise risk management committee.

Mr. Rankin was a member in a limited liability company.