Company: UVSP
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000102212-25-000019
Chunk: 102

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 8
Chunk 102
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,732 7,450 4,353 7,756 21,493 — 50,532 Total$949,352 $689,996 $1,179,625 $793,509 $612,928 $559,868 $592,715 $871 $5,378,864 The Corporation had no loans with a risk rating of Doubtful included within recorded investment in loans and leases held for investment at March 31, 2025 or December 31, 2024.The Corporation monitors the credit risk profile by payment activity for the following classifications of loans and leases: real estate-residential secured for personal purpose loans, real estate-home equity secured for personal purpose loans, loans to individuals and lease financings. The Corporation reviews credit quality indicators on at least an annual basis and last completed this review in conjunction with the period ended December 31, 2024. Loans and leases past due 90 days or more and loans and leases on nonaccrual status are considered nonperforming. Nonperforming loans and leases are reviewed monthly. Performing loans and leases are reviewed only if the loan becomes 60 days or more past due. Based on the most recent analysis performed, the following table presents the recorded investment in loans and leases held for investment for real estate-residential secured for personal purpose loans, real estate-home equity secured for personal purpose loans, loans to individuals and lease financings by credit quality indicator at March 31, 2025 and December 31, 2024.

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Term Loans Amortized Cost Basis by Origination Year(Dollars in thousands)20252024202320222021PriorRevolving Loans Amortized Cost BasisTotalAt March 31, 2025Real Estate-Residential Secured for Personal PurposePayment Performance1. Performing$5,078 $27,025 $206,554 $353,428 $193,194 $206,256 $— $991,535 2. Nonperforming— — — 140 37 1,055 — 1,232 Total$5,078 $27,025 $206,554 $353,568 $193,231 $207,311 $— $992,767 Real Estate-Home Equity Secured for Personal PurposePayment Performance1. Performing$176 $243 $339 $2,164 $378