Call reports 2023
UNIVEST BANK AND TRUST CO. — 2023
What UNIVEST BANK AND TRUST CO. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 7,343,779,000 | 7,584,018,000 | 7,811,493,000 | 7,762,404,000 |
| Total loans | 6,245,229,000 | 6,491,764,000 | 6,591,431,000 | 6,578,851,000 |
| Allowance for loan losses | 80,034,000 | 82,709,000 | 83,837,000 | 85,387,000 |
| Securities available for sale | 367,656,000 | 356,164,000 | 334,538,000 | 351,553,000 |
| Securities held to maturity | 151,347,000 | 153,509,000 | 149,451,000 | 145,777,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,952,341,000 | 6,107,618,000 | 6,557,405,000 | 6,493,126,000 |
| Interest-bearing deposits | 4,035,432,000 | 4,404,635,000 | 5,006,606,000 | 4,907,461,000 |
| Noninterest-bearing deposits | 1,916,909,000 | 1,702,983,000 | 1,550,799,000 | 1,585,665,000 |
| Equity capital | 816,178,000 | 822,383,000 | 825,145,000 | 856,289,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 83,244,000 | 173,374,000 | 270,470,000 | 371,691,000 |
| Interest expense | 21,654,000 | 55,183,000 | 96,417,000 | 142,608,000 |
| Net interest income | 61,590,000 | 118,191,000 | 174,053,000 | 229,083,000 |
| Noninterest income | 20,406,000 | 40,759,000 | 60,273,000 | 79,074,000 |
| Noninterest expense | 49,417,000 | 99,428,000 | 148,692,000 | 196,946,000 |
| Provision for loan losses | 3,872,000 | 7,059,000 | 9,156,000 | 11,780,000 |
| Pretax income | 29,192,000 | 52,707,000 | 76,795,000 | 100,441,000 |
| Income tax | 5,932,000 | 10,587,000 | 15,508,000 | 20,336,000 |
| Net income | 23,260,000 | 42,120,000 | 61,287,000 | 80,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 692,286,000 | 704,546,000 | 718,358,000 | 731,799,000 |
| Total capital | 765,396,000 | 780,471,000 | 795,341,000 | 810,449,000 |
| Risk-weighted assets | 6,597,572,000 | 6,827,424,000 | 6,909,232,000 | 6,834,775,000 |