Company: UVSP
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000102212-25-000019
Chunk: 30

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 30
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TotalAccruing Modified Loans to Borrowers Experiencing Financial Difficulty:Real estate—commercial$6,178 $— $— $6,178 Real estate—construction1,831 — — 1,831 Total$8,009 $— $— $8,009 Nonaccrual Modified Loans to Borrowers Experiencing Financial Difficulty:Real estate—construction$— $— 0$5,739 $5,739 Total$— $— $5,739 $5,739 As of March 31, 2025 and March 31, 2024, the Bank had $1.7 million and $61 thousand, respectively, in commitments to extend credit to borrowers experiencing financial difficulty whose terms had been modified.The following presents the amount of consumer mortgages collateralized by residential real estate property that were in the process of foreclosure at March 31, 2025 or December 31, 2024.(Dollars in thousands)At March 31, 2025At December 31, 2024Real estate-residential secured for personal purpose$637 $3,095 Real estate-home equity secured for personal purpose— 125 Total$637 $3,220 The following presents foreclosed residential real estate property included in other real estate owned at March 31, 2025 or December 31, 2024.(Dollars in thousands)At March 31, 2025At December 31, 2024Foreclosed residential real estate$2,526 $234 

23

Lease FinancingsThe following presents the schedule of minimum lease payments receivable:(Dollars in thousands)At March 31, 2025At December 31, 20242025 (excluding the three months ended March 31, 2025)$69,751 $91,125 202679,525 76,977 202759,373 56,881 202835,631 32,899 202914,327 12,101 Thereafter2,896 1,964 Total future minimum lease payments receivable261,503 271,947 Plus: Unguaranteed residual1,425 1,485 Plus: Initial direct costs2,981 3,156 Less: Imputed interest(30,318)(31,927)Lease financings$235,591 $