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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and due from banks $ 39,857 $ 11,624
Interest-earning deposits with other banks 67,520 17,563
Investment securities held-to-maturity (fair value $45,639 and $32 at December 31, 2011 and 2010, respectively) 45,804 32
Investment securities available-for-sale 425,361 466,992
Loans held for sale 3,157 4,178
Loans and leases 1,446,406 1,471,186
Less: Reserve for loan and lease losses (29,870) (30,898)
Net loans and leases 1,416,536 1,440,288
Premises and equipment, net 34,303 34,605
Goodwill 53,169 51,320
Other intangibles, net of accumulated amortization and fair value adjustments of $11,646 and $9,495 at December 31, 2011 and 2010, respectively 4,870 5,477
Bank owned life insurance 61,387 48,010
Accrued interest receivable and other assets 54,875 53,804
Total assets 2,206,839 2,133,893
LIABILITIES    
Demand deposits, noninterest-bearing 304,006 271,125
Demand deposits, interest-bearing 547,034 529,884
Savings deposits 489,692 467,511
Time deposits 408,500 417,750
Total deposits 1,749,232 1,686,270
Securities sold under agreements to repurchase 109,740 90,271
Other short-term borrowings 0 24,600
Accrued interest payable and other liabilities 47,394 37,534
Long-term debt 5,000 5,000
Subordinated notes 1,875 3,375
Company-obligated mandatorily redeemable preferred securities of subsidiary trusts holding junior subordinated debentures of Univest (Trust Preferred Securities) 20,619 20,619
Total liabilities 1,933,860 1,867,669
SHAREHOLDERS' EQUITY    
Common stock, $5 par value; 48,000,000 shares authorized at December 31, 2011 and 2010; 18,266,404 shares issued at December 31, 2011 and 2010; and 16,702,376 and 16,648,303 shares outstanding at December 31, 2011 and 2010, respectively 91,332 91,332
Additional paid-in capital 58,495 59,080
Retained earnings 157,566 151,978
Accumulated other comprehensive loss, net of tax benefit (6,101) (6,766)
Treasury stock, at cost; 1,564,028 shares and 1,618,101 shares at December 31, 2011 and 2010, respectively (28,313) (29,400)
Total shareholders' equity 272,979 266,224
Total liabilities and shareholders' equity $ 2,206,839 $ 2,133,893