Company: UVSP
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000102212-25-000006
Chunk: 50

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 50
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,214 Modified Loans to Borrowers Experiencing Financial DifficultyThe following presents, by class of loans, information regarding accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the years ended December 31, 2024 and 2023:Term ExtensionFor the Years Ended December 31, 20242023(Dollars in thousands)NumberofLoansAmortized Cost Basis*% of Total Class of Financing ReceivableRelatedReserveNumberofLoansAmortized Cost Basis*% of Total Class of Financing ReceivableRelatedReserveAccruing Modified Loans to Borrowers Experiencing Financial Difficulty:Commercial, financial and agricultural1 $4,925 0.47 %$9 — $— — %$— Real estate—commercial4 7,927 0.22 20 2 4,863 0.15 10 Total5 $12,852 $29 2 $4,863 $10 Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:Real estate—commercial— $— — %$— 1 $1,741 0.05 %$— Total— $— $— 1 $1,741 $— 

83

Other-Than-Insignificant Payment DelayFor the Years Ended December 31,20242023(Dollars in thousands)NumberofLoansAmortized Cost Basis*% of Total Class of Financing ReceivableRelatedReserveNumberofLoansAmortized Cost Basis*% of Total Class of Financing ReceivableRelatedReserveAccruing Modified Loans to Borrowers Experiencing Financial Difficulty:Commercial, financial and agricultural2 $6,667 0.64 %$12 — $— — %$— Total2 $6,667 $12 — $— $— Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:Total— $— $— — $— $— *Amortized cost excludes $126 thousand and $15 thousand of accrued interest receivable on modified loans for the years ended December 31, 2024 and 2023, respectively.The following presents, by class of loans, information regarding the financial effect on accruing and nonaccrual modified loans to borrowers experiencing financial difficulty during the years ended