Company: UVSP
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0000102212-25-000028
Chunk: 30

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-10-24
Form: 10-Q
Item: Item 1
Chunk 30
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,441,791 2. Nonperforming197 168 636 69 2,861 827 1,170 5,928 Total$111,827 $287,253 $406,847 $219,586 $130,938 $92,481 $198,787 $1,447,719 The Corporation had no revolving loans which were converted to term loans included within recorded investment in loans and leases held for investment at September 30, 2025 or December 31, 2024. 

23

Allowance for Credit Losses on Loans and Leases and Recorded Investment in Loans and LeasesThe following presents, by portfolio segment, a summary of the activity in the allowance for credit losses, loans and leases, for the three and nine months ended September 30, 2025 and 2024. There were no changes to the reasonable and supportable forecast period and the reversion period, or any other significant methodology changes during the nine months ended September 30, 2025.(Dollars in thousands)Beginning balanceProvision (reversal of provision) for credit lossesCharge-offsRecoveriesEnding balanceThree Months Ended September 30, 2025Allowance for credit losses, loans and leases:Commercial, financial and agricultural$16,979 $(331)$(625)$525 $16,548 Real estate-commercial46,338 (506)— 24 45,856 Real estate-construction5,253 133 — — 5,386 Real estate-residential secured for business purpose7,468 104 — — 7,572 Real estate-residential secured for personal purpose6,451 21 (42)— 6,430 Real estate-home equity secured for personal purpose1,609 6 — 1 1,616 Loans to individuals344 217 (231)18 348 Lease financings2,547 374 (152)2 2,771 Total$86,989 $18 $(1,050)$570 $86,527 Three Months Ended September 30, 2024Allowance for credit losses, loans and leases:Commercial, financial and agricultural$14,545 $544 $(508)$108 $14,689 Real estate-commercial45,978 688 (35)3 46,634 Real estate-construction6,153