Company: UVSP
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000102212-25-000019
Chunk: 146

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 8
Chunk 146
---
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 2.5 Crop Production110,882 2.1 CRE - Mixed-Use - Residential109,872 2.0 Wood Product Manufacturing101,606 1.9 Professional, Scientific, and Technical Services95,730 1.8 Food Services and Drinking Places86,916 1.6 Administrative and Support Services83,145 1.5 Merchant Wholesalers, Nondurable Goods83,088 1.5 Fabricated Metal Product Manufacturing78,181 1.4 Real Estate Lenders, Secondary Market Financing75,461 1.4 Religious Organizations,