Company: UVSP
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000102212-25-000019
Chunk: 14

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 14
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 recognized a $36 thousand net loss on equity securities during the three months ended March 31, 2024 in other noninterest income. There were no sales of equity securities during the three months ended March 31, 2025 or 2024.

Note 4. Loans and Leases

Summary of Major Loan and Lease Categories(Dollars in thousands)At March 31, 2025At December 31, 2024Commercial, financial and agricultural$1,034,361 $1,037,835 Real estate-commercial3,546,402 3,530,451 Real estate-construction281,785 274,483 Real estate-residential secured for business purpose536,082 536,095 Real estate-residential secured for personal purpose992,767 994,972 Real estate-home equity secured for personal purpose189,119 186,836 Loans to individuals16,930 21,250 Lease financings235,591 244,661 Total loans and leases held for investment, net of deferred income$6,833,037 $6,826,583 Less: Allowance for credit losses, loans and leases(87,790)(87,091)Net loans and leases held for investment$6,745,247 $6,739,492 Imputed interest on lease financings, included in the above table$(30,318)$(31,927)Net deferred costs, included in the above table6,839 6,992 Overdraft deposits included in the above table81 104 

12

Age Analysis of Past Due Loans and LeasesThe following presents, by class of loans and leases held for investment, an aging of past due loans and leases, loans and leases which are current and nonaccrual loans and leases at March 31, 2025 and December 31, 2024: Accruing Loans and Leases(Dollars in thousands)30-59DaysPast Due60-89DaysPast Due90 Daysor morePast DueTotalPast DueCurrentTotal Accruing Loans and LeasesNonaccrual Loans and LeasesTotal Loansand LeasesHeld forInvestmentAt March 31, 2025Commercial, financial and agricultural$2,588 $1,321 $— $3,909 $1,026,208 $1,030,117 $4,244 $