Company: UVSP
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000102212-25-000006
Chunk: 39

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 39
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 purpose1,090 — 1,090 — Real estate-residential secured for personal purpose4,213 — 4,213 — Real estate-home equity secured for personal purpose1,116 — 1,116 — Loans to individuals— — — 37 Lease financings— 58 58 212 Total$15,369 $5,150 $20,519 $534 For the years ended December 31, 2024 and 2023, $102 thousand and $84 thousand of interest income was recognized on nonaccrual loans and leases, respectively.  The following table presents, by class of loans and leases, the amortized cost basis of collateral-dependent nonaccrual loans and leases and type of collateral as of December 31, 2024 and 2023.(Dollars in thousands)Real EstateOther (1)None (2)TotalAt December 31, 2024Commercial, financial and agricultural$1,521 $1,843 $431 $3,795 Real estate-commercial2,661 — 18 2,679 Real estate-construction— — — — 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 Lease financings— 611 — 611 Total$9,764 $2,454 $449 $12,667 (Dollars in thousands)Real EstateOther (1)NoneTotalAt December 31, 2023Commercial, financial and agricultural$2,236 $30 $— $2,266 Real estate-commercial5,709 — — 5,709 Real estate-construction6,067 — — 6,067 Real estate-residential secured for business purpose1,090 — — 1,090 Real estate-residential secured for personal purpose4,213 — — 4,213 Real estate-home equity secured for personal purpose1,116 — — 1,116 Lease financings— 58 — 58 Total$20,431 $88 $— $20,519 (1