Company: UVSP
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000102212-25-000019
Chunk: 91

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 8
Chunk 91
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 public funds deposits and contingency funding. There were no pledged securities to secure credit derivatives and interest rate swaps at March 31, 2025 or December 31, 2024.There were no sales of securities available-for-sale during the three months ended March 31, 2025 or 2024.At March 31, 2025 and December 31, 2024, there were no reportable investments in any single issuer representing more than 10% of shareholders’ equity.

10

The following table shows the fair value of securities that were in an unrealized loss position for which an allowance for credit losses has not been recorded at March 31, 2025 and December 31, 2024, by the length of time those securities were in a continuous loss position.  Less thanTwelve MonthsTwelve Monthsor LongerTotal(Dollars in thousands)Fair ValueUnrealizedLossesFair ValueUnrealizedLossesFair ValueUnrealizedLossesAt March 31, 2025Securities Held-to-MaturityResidential mortgage-backed securities$2,585 $(18)$111,842 $(16,444)$114,427 $(16,462)Total$2,585 $(18)$111,842 $(16,444)$114,427 $(16,462)Securities Available-for-SaleResidential mortgage-backed securities$35,342 $(323)$205,109 $(33,114)$240,451 $(33,437)Collateralized mortgage obligations— — 1,630 (114)1,630 (114)Corporate bonds994 (1)— — 994 (1)Total$36,336 $(324)$206,739 $(33,228)$243,075 $(33,552)At December 31, 2024Securities Held-to-MaturityResidential mortgage-backed securities$2,566 $(50)$112,441 $(19,054)$115,007 $(19,104)Total$2,566 $(50)$112,441 $(19,054)$115,007 $(19,104)Securities Available-for-SaleResidential mortgage-backed securities$65,044 $(905)$205,071 $(38,537)$270,115 $(39,442)Collateralized mortgage obligations— — 1,685 (133)1,685 (133)Total$65,044