Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 131

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 8
Chunk 131
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, respectively. The Corporation, through the Bank, also maintained uncommitted funding sources from correspondent banks of $469.0 million and $468.0 million at June 30, 2025 and December 31, 2024, respectively. Future availability under these lines is subject to the prerogatives of the granting banks and may be withdrawn at will.Long-term advances with the FHLB of Pittsburgh mature as follows:(Dollars in thousands)As of June 30, 2025Weighted Average RateRemainder of 2025$— — %2026100,000 4.29 202725,000 3.99 202840,000 4.33 202925,000 3.91 Thereafter10,000 3.94 Total$200,000 4.20 %

Note 8. Retirement Plans and Other Postretirement Benefits

Information with respect to the Retirement Plans and Other Postretirement Benefits follows:  Three Months Ended June 30, 2025202420252024(Dollars in thousands)Retirement PlansOther Post RetirementBenefitsService cost$142 $135 $11 $14 Interest cost604 600 27 27 Expected loss on plan assets(899)(869)— — Amortization of net actuarial loss (gain)61 176 (38)(29)Net periodic benefit (income) cost$(92)$42 $— $12  Six Months Ended June 30, 2025202420252024(Dollars in thousands)Retirement PlansOther Post RetirementBenefitsService cost$274 $283 $22 $28 Interest cost1,208 1,192 54 54 Expected loss on plan assets(1,790)(1,740)— — Amortization of net actuarial loss (gain)124 351 (49)(57)Net periodic benefit (income) cost$(184)$86 $27 $25 The components of net periodic benefit cost, other than the service cost component, are included in other noninterest expense in the condensed consolidated statements of income.

31

The Corporation expects to make total contributions of $156 thousand to the Retirement Plans and $107 thousand to Other Postretirement Benefit Plans in 2025. During the six months ended June 30, 2025, the Corporation contributed $78 thousand to