Company: UVSP
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0000102212-25-000028
Chunk: 68

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-10-24
Form: 10-Q
Item: Item 1
Chunk 68
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 30, 2025, respectively, and approximately nine and four basis points for the three and nine months ended September 30, 2024, respectively.

51

Table 1—Average Balances and Interest Rates—Tax-Equivalent Basis Three Months Ended September 30, 20252024(Dollars in thousands)AverageBalanceIncome/ExpenseAverageRateAverageBalanceIncome/ExpenseAverageRateAssets:Interest-earning deposits with other banks$395,944 $4,363 4.37 %$270,724 $3,624 5.33 %Obligations of states and political subdivisions*— — — 1,283 7 2.17 Other debt and equity securities492,197 3,923 3.16 492,051 3,706 3.00 Federal Home Loan Bank, Federal Reserve Bank and other stock37,159 736 7.86 38,769 742 7.61 Total interest-earning deposits, investments and other interest-earning assets925,300 9,022 3.87 802,827 8,079 4.00 Commercial, financial and agricultural loans949,676 17,223 7.20 997,465 18,459 7.36 Real estate—commercial and construction loans3,705,154 55,469 5.94 3,592,556 52,672 5.83 Real estate—residential loans1,719,844 21,846 5.04 1,692,361 21,127 4.97 Loans to individuals13,497 308 9.05 26,651 549 8.20 Tax-exempt loans and leases229,253 3,033 5.25 232,159 2,565 4.40 Lease financings173,403 3,159 7.23 189,599 3,275 6.87 Gross loans and leases6,790,827 101,038 5.90 6,730,791 98,647 5.83 Total interest-earning assets7,716,127 110,060 5.66 7,533,618 106,726 5.64 Cash and due from banks60,950 62,902 Allowance for credit losses, loans