Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 125

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 8
Chunk 125
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— Three Months Ended June 30, 2024Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:Commercial, financial and agricultural1 Added 10 months to the life of the loan, which reduced monthly payment amount for the borrower.2 Provided 3 months of payment deferrals to assist borrowers.Total1 2 Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:Total— — Six Months Ended June 30, 2025Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:Commercial, financial and agricultural5  Added a weighted-average 9 months to the life of the loan, which reduced monthly payment amount for the borrower. — Real estate—construction2  Added a weighted-average 5 months to the life of the loan, which reduced monthly payment amounts for the borrower. — Total7 — Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:Total— — Six Months Ended June 30, 2024Accruing Modified Loans to Borrowers Experiencing Financial Difficulty:Commercial, financial and agricultural1 Added a weighted-average 10 months to the life of the loans, which reduced monthly payment amounts for the borrowers.2 Added 3 months of payment deferrals to assist borrowers.Real estate—commercial2 Added a weighted-average  8 months to the life of the loan, which reduced monthly payment amount for the borrower.— Total3 2 Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:Real estate—construction2 Added a weighted-average 8 months to the life of the loans, which reduced monthly payment amounts for the borrowers.Total2 — There were no accruing or nonaccrual modified loans to borrowers experiencing financial difficulty for which there were payment defaults during the 12-month period preceding modification for the three and six months ended June 30, 2025 and 2024.

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The following presents, by class of loans, the amortized cost and performance status of accruing and nonaccrual modified loans to borrowers experiencing financial difficulty that have been modified in the last 12 months as of June 30, 2025 and 2024.At June 30, 2025(Dollars in thousands)Current30-89 Days Past Due90 Days or More Past DueTotalAccruing Modified Loans to Borrowers Experiencing Financial Difficulty:Commercial, financial and agricultural$14