Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 19

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 19
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 Loans and LeasesTotal Loansand LeasesHeld forInvestmentAt December 31, 2024Commercial, financial and agricultural$1,750 $723 $— $2,473 $1,031,567 $1,034,040 $3,795 $1,037,835 Real estate—commercial real estate and construction:Commercial real estate415 2,919 — 3,334 3,524,438 3,527,772 2,679 3,530,451 Construction3,659 — — 3,659 270,824 274,483 — 274,483 Real estate—residential and home equity:Residential secured for business purpose1,077 — — 1,077 534,432 535,509 586 536,095 Residential secured for personal purpose3,040 — — 3,040 988,127 991,167 3,805 994,972 Home equity secured for personal purpose1,063 309 — 1,372 184,273 185,645 1,191 186,836 Loans to individuals187 59 24 270 20,980 21,250 — 21,250 Lease financings1,026 502 297 1,825 242,225 244,050 611 244,661 Total$12,217 $4,512 $321 $17,050 $6,796,866 $6,813,916 $12,667 $6,826,583 

15

During the three months ended June 30, 2025, a $23.7 million commercial loan relationship was placed on nonaccrual status due to, among other things, suspected fraud. Subsequent to the relationship being placed on nonaccrual status, a $7.3 million charge-off was recognized during the quarter. The remaining $16.4 million carrying value is supported by the appraised value of real estate collateral.Nonperforming Loans and LeasesThe following presents, by class of loans and leases, nonperforming loans and leases at June 30, 2025 and December 31, 2024. At June 30, 2025At December 31, 2024(Dollars in thousands)Nonacc