Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 40

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 40
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. The available borrowing capacity from the FHLB totaled $1.9 billion and $1.7 billion at June 30, 2025 and December 31, 2024, respectively.    The Corporation, through the Bank, holds investment securities at the Federal Reserve Bank of Philadelphia (the FRB) to provide access to the Discount Window Lending program. The Bank participates in the FRB Borrower in Custody program, which provides additional committed borrowing capacity for the Bank through the Discount Lending Window program based 

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upon select loans pledged to the FRB. The total borrowing capacity based upon the qualifying pledged commercial loans and held investment securities was $414.5 million and $397.2 million at June 30, 2025 and December 31, 2024, respectively. At June 30, 2025 and December 31, 2024, the Corporation had no outstanding borrowings under the Discount Window Lending program.The Corporation has a $10.0 million committed line of credit with a correspondent bank. At June 30, 2025 and December 31, 2024, the Corporation had no outstanding borrowings under this line. The Corporation and the Bank had $3.6 billion and $3.7 billion of committed borrowing capacity at June 30, 2025 and December 31, 2024, respectively, of which $2.3 billion and $2.1 billion was available as of June 30, 2025 and December 31, 2024, respectively. The Corporation, through the Bank, also maintained uncommitted funding sources from correspondent banks of $469.0 million and $468.0 million at June 30, 2025 and December 31, 2024, respectively. Future availability under these lines is subject to the prerogatives of the granting banks and may be withdrawn at will.Long-term advances with the FHLB of Pittsburgh mature as follows:(Dollars in thousands)As of June 30, 2025Weighted Average RateRemainder of 2025$— — %2026100,000 4.29 202725,000 3.99 202840,000 4.33 202925,000 3.91 Thereafter10,000 3.94 Total$200,000 4.20 %

Note 8. Retirement Plans and Other Postretirement Benefits

Information