Company: UVSP
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000102212-25-000006
Chunk: 92

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 92
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Cash and cash equivalents$247,023 $50,149 $31,672 $— $328,844 Loans and leases, including loans held for sale, net of allowance for credit losses6,756,145 — — — 6,756,145 Goodwill138,476 15,434 21,600 — 175,510 Other segment assets839,359 3,485 2,828 22,246 867,918 Total segment assets$7,981,003 $69,068 $56,100 $22,246 $8,128,417 

113

At December 31, 2023(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidatedOther segment disclosures:Cash and cash equivalents$177,794 $44,618 $27,066 $321 $249,799 Loans and leases, including loans held for sale, net of allowance for credit losses6,493,464 — — — 6,493,464 Goodwill138,476 15,434 21,600 — 175,510 Other segment assets841,630 2,453 (131)17,903 861,855 Total segment assets$7,651,364 $62,505 $48,535 $18,224 $7,780,628 

Note 24.     Revenue from Contracts with Customers

The following tables disaggregate the Corporation's revenue by major source and reportable segment for the years ended December 31, 2024, 2023 and 2022.(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidatedFor the Year Ended December 31, 2024Net interest income (1)$220,204 $73 $— $(9,107)$211,170 Noninterest income:Trust fee income— 8,491 — — 8,491 Service charges on deposit accounts8,082 — — — 8,082 Investment advisory commission and fee income— 21,208 — — 21,208 Insurance commission and fee income— — 22,349 — 22,349 Other service fee income (2)14,415 210 122 — 14,747 Bank owned life insurance income (1