Company: UVSP
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000102212-25-000006
Chunk: 190

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 190
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541,157 3,090,062 800,774 (57,412)6,739,492 Other assets— — — — 510,470 510,470 Total assets$2,697,407 $584,845 $3,265,929 $1,045,301 $534,935 $8,128,417 Liabilities and shareholders' equity:Noninterest-bearing deposits$— $— $— $— $1,414,635 $1,414,635 Interest-bearing demand deposits3,186,597 — — — — 3,186,597 Savings deposits704,321 — — — — 704,321 Time deposits292,878 736,693 423,353 782 — 1,453,706 Borrowings60,442 125,000 200,000 — — 385,442 Other liabilities— — — — 96,415 96,415 Shareholders' equity— — — — 887,301 887,301 Total liabilities and shareholders' equity$4,244,238 $861,693 $623,353 $782 $2,398,351 $8,128,417 Incremental gap$(1,546,831)$(276,848)$2,642,576 $1,044,519 $(1,863,416)Cumulative gap$(1,546,831)$(1,823,679)$818,897 $1,863,416 Cumulative gap as a percentage of interest-earning assets(20.7 %)(24.5 %)11.0 %25.0 %

The table above indicates that the Corporation holds a greater amount of liabilities that have the opportunity to reprice over assets in the next twelve months. This table is limited as it does not take into consideration the magnitude of the repricing change in relation to interest rate changes. Further, the estimated sensitivities are based upon a number of assumptions, including the timing and magnitude of interest rate changes, prepayments on loans receivable and securities, pricing strategies on loans receivable and deposits, and replacement of asset and liability cash flows. While the assumptions used are bank specific and based on current economic and local market conditions, there is no assurance as to the