Company: UVSP
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000102212-25-000006
Chunk: 38

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 38
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 Real estate—commercial real estate and construction:Commercial real estate2,679 — 2,679 5,709 — 5,709 Construction— — — 6,067 — 6,067 Real estate—residential and home equity:Residential secured for business purpose586 — 586 1,090 — 1,090 Residential secured for personal purpose3,805 — 3,805 4,213 — 4,213 Home equity secured for personal purpose1,191 — 1,191 1,116 — 1,116 Loans to individuals— 24 24 — 37 37 Lease financings611 297 908 58 212 270 Total$12,667 $321 $12,988 $20,527 $534 $21,061 

75

The following table presents the amortized cost basis of loans and leases held for investment on nonaccrual status and loans and leases held for investment 90 days or more past due and still accruing as of December 31, 2024 and 2023.(Dollars in thousands)Nonaccrual With No Allowance for Credit LossesNonaccrual With Allowance for Credit LossesTotal NonaccrualLoans and Leases 90 Days or more Past Due and Accruing InterestAt December 31, 2024Commercial, financial and agricultural$187 $3,608 $3,795 $— Real estate-commercial1,834 845 2,679 — Real estate-residential secured for business purpose586 — 586 — Real estate-residential secured for personal purpose3,805 — 3,805 — Real estate-home equity secured for personal purpose1,191 — 1,191 — Loans to individuals— — — 24 Lease financings— 611 611 297 Total$7,603 $5,064 $12,667 $321 At December 31, 2023Commercial, financial and agricultural$332 $1,934 $2,266 $285 Real estate-commercial5,687 22 5,709 — Real estate-construction2,931 3,136 6,067 — Real estate-residential secured for business