Company: UVSP
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000102212-25-000019
Chunk: 19

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 19
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1.Pass—Loans considered satisfactory with no indications of deterioration2.Special Mention—Potential weakness that deserves management's close attention3.Substandard—Well-defined weakness or weaknesses that jeopardize the liquidation of the debt4.Doubtful—Collection or liquidation in-full, on the basis of current existing facts, conditions and values, highly questionable and improbable

15

Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for commercial, financial and agricultural loans, real estate-commercial loans, real estate-construction loans and real estate-residential secured for a business purpose loans by credit quality indicator at March 31, 2025 and December 31, 2024.Term Loans Amortized Cost Basis by Origination Year(Dollars in thousands)20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted to TermTotalAt March 31, 2025Commercial, Financial and AgriculturalRisk Rating1. Pass$58,418 $170,492 $70,261 $56,954 $85,895 $55,306 $435,037 $748 $933,111 2. Special Mention122 1,918 6,194 23,187 — — 22,791 — 54,212 3. Substandard498 3,493 118 1,845 6,264 5,722 29,098 — 47,038 Total$59,038 $175,903 $76,573 $81,986 $92,159 $61,028 $486,926 $748 $1,034,361 Current period gross charge-offs$4 $— $210 $— $— $585 $758 $— $1,557 Real Estate-CommercialRisk Rating1. Pass$168,587 $460,453 $429,059 $883,449 $558,256 $925,266 $78,567 $— $3,503,637 2. Special Mention7,634 — 419 — 13,891 3,905 2,970 — 28,819 3. Substandard— — — 3,009 827 10,110 — — 13,946 Total$176,