Company: UVSP
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000102212-25-000019
Chunk: 171

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 2
Chunk 171
---
 the dates indicated. 

(Dollars in thousands)At March 31, 2025At December 31, 2024Nonaccrual loans and leases held for investment 11,126 12,667 Accruing loans and leases, 90 days or more past due322 321 Total nonperforming loans and leases$11,448 $12,988 Other real estate owned22,433 20,141 Repossessed assets 79 76 Total nonperforming assets$33,960 $33,205 Loans and leases held for investment$6,833,037 $6,826,583 Allowance for credit losses, loans and leases87,790 87,091 Nonaccrual loans and leases with partial charge-offs269 273 Life-to-date partial charge-offs on nonaccrual loans and leases669 649 Reserves on individually analyzed loans2,576 1,945 Allowance for credit losses, loans and leases / loans and leases held for investment1.28 %1.28 %Nonaccrual loans and leases / loans and leases held for investment0.16 %0.19 %Allowance for credit losses, loans and leases / nonaccrual loans and leases789.05 %687.54 %

49

Table 4—Loan Portfolio Overview 

The following table provides summarized detail related to outstanding commercial loan balances segmented by industry description as of March 31, 2025:

(Dollars in thousands)At March 31, 2025Industry DescriptionTotal Outstanding Balance % of Commercial Loan PortfolioCRE - Retail$469,397 8.7 %Animal Production394,279 7.3 CRE - Multi-family360,743 6.7 CRE - Office299,751 5.6 CRE - 1-4 Family Residential Investment278,386 5.2 CRE - Industrial / Warehouse253,136 4.7 Hotels & Motels (Accommodation)207,710 3.8 Specialty Trade Contractors189,427 3.5 Nursing and Residential Care Facilities177,053 3.3 Motor Vehicle and Parts Dealers146,911 2.7 Merchant Wholesalers, Durable Goods146,037 2.7 Homebuilding (tract developers, remodelers)140,612 2.6 Repair and Maintenance134,183