Company: UVSP
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000102212-25-000006
Chunk: 168

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7
Chunk 168
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.77 60,468 1,389 2.30 Long-term debt253,733 10,942 4.31 263,877 9,464 3.59 95,000 1,287 1.35 Subordinated notes149,007 9,125 6.12 148,507 9,125 6.14 105,356 5,798 5.50 Total borrowings416,443 20,316 4.88 561,160 25,684 4.58 260,824 8,474 3.25 Total interest-bearing liabilities5,563,194 201,185 3.62 5,009,932 151,733 3.03 4,034,570 33,896 0.84 Noninterest-bearing deposits1,380,178 1,646,286 2,068,086 Operating lease liabilities33,006 34,474 33,508 Accrued expenses and other liabilities63,310 60,699 48,629 Total liabilities7,039,688 6,751,391 2,150,223 Total interest-bearing liabilities and noninterest-bearing deposits ("Cost of Funds")6,943,372 2.90 6,656,218 2.28 6,102,656 0.56 Shareholders' Equity:Common stock157,784 157,784 157,784 Additional paid-in capital300,644 299,804 299,121 Retained earnings and other equity399,591 348,079 314,594 Total shareholders' equity858,019 805,667 771,499 Total liabilities and shareholders' equity$7,897,707 $7,557,058 $6,956,292 Net interest income$212,343 $221,196 $220,212 Net interest spread1.94 2.22 3.06 Effect of net interest-free funding sources0.92 0.90 0.32 Net interest margin2.86 %3.12 %3.38 %Ratio of average interest-earning assets to average interest-bearing liabilities133.61 %141.65 %161.61 %

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

Notes: For rate