Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 70

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 70
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025 38,351 4.54 Regular savings701,648 1,512 0.43 764,943 1,834 0.48 Time deposits1,508,930 32,367 4.33 1,330,496 29,764 4.50      Total time and interest-bearing deposits5,227,098 83,734 3.23 4,931,887 85,478 3.49 Short-term borrowings6,076 15 0.50 19,816 247 2.51 Long-term debt 208,978 4,489 4.33 271,243 5,660 4.20 Subordinated notes149,382 4,562 6.16 148,881 4,562 6.16 Total borrowings364,436 9,066 5.02 439,940 10,469 4.79 Total interest-bearing liabilities5,591,534 92,800 3.35 5,371,827 95,947 3.59 Noninterest-bearing deposits1,398,396 1,396,917 Operating lease liabilities30,236 33,774 Accrued expenses and other liabilities57,382 62,981 Total liabilities7,077,548 6,865,499 Total interest-bearing liabilities and noninterest-bearing deposits ("Cost of Funds")6,989,930 2.68 6,768,744 2.85 Shareholders’ Equity:Common stock157,784 157,784 Additional paid-in capital301,830 300,052 Retained earnings and other equity443,092 385,723 Total shareholders’ equity902,706 843,559 Total liabilities and shareholders’ equity$7,980,254 $7,709,058 Net interest income$117,124 $103,061 Net interest spread2.28 1.93 Effect of net interest-free funding sources0.86 0.93 Net interest margin3.14 %2.86 %Ratio of average interest-earning assets to average interest-bearing liabilities134.37 %134.91 %

*Obligations of states and political subdivisions are tax-exempt earning assets.

Notes:   For rate calculation purposes, average loan and lease categories include deferred fees and costs