Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 58

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 58
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 5,186 (2,245)72,007 Provision for credit losses707 — — — 707 Less: (1)Salaries, benefits and commissions17,967 4,547 3,369 4,304 30,187 Net occupancy2,253 79 157 190 2,679 Equipment986 11 23 68 1,088 Data processing3,109 376 133 543 4,161 Professional fees837 111 9 509 1,466 Marketing and advertising320 74 5 316 715 Deposit insurance premiums1,098 — — — 1,098 Intangible expense79 — 109 — 188 Other segment items (2)5,138 694 183 1,111 7,126 Intersegment expense (revenue) (3)5,715 52 123 (5,890)— Income (loss) before income taxes$24,086 $827 $1,075 $(3,396)$22,592 Income tax expense (benefit)4,734 298 236 (783)4,485 Net income (loss)$19,352 $529 $839 $(2,613)$18,107 Net capital expenditures$685 $5 $58 $59 $807 Six Months EndedJune 30, 2025(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidatedInterest income$209,091 $31 $— $— $209,122 Interest expense88,237 — — 4,563 92,800 Net interest income (expense)120,854 31 — (4,563)116,322 Noninterest income16,165 15,500 12,176 75 43,916 Total revenue137,019 15,531 12,176 (4,488)160,238 Provision for credit losses8,005 — — — 8,005 Less: (1)Salaries, benefits and commissions36,828 8,858 7,263 9,413 62,362 Net occupancy4,470 250 333 539 5,592 Equipment1,876 20 52 217 2,