Univest Bank and Trust Co. in Souderton, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Univest Bank and Trust Co. - Overview

  • General
  • FDIC Certificate #: 7759
    Status: Active
    Federal Reserve ID: 354310
    Bank Holding Company (Regulatory Top Holder): Univest Corporation Of Pennsylvania (RSSDID: 1116609, Location: Souderton, PA)
    Date Established: April 01, 1876
    WWW: http://www.univest.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 40 (Domestic: 40, Interstate: No)
    OTS Docket #: 9352
    FDIC's unique #: 5007
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 29, 2011
    Last Structure Change Process Date: July 11, 2011
    Last Data Update: July 11, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 West Broad Street, Souderton, PA 18964
    County: Montgomery
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • History of Changes
  • Name Change
    Change in Primary Regulatory Agency
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $2,175.3 mil
    Equity capital: $276.3 mil
    Deposits held in domestic offices: $1,749.8 mil
    Return on assets (ROA): 0.96% ($20.9 mil)
    Quarterly return on assets: 1.04% ($22.6 mil)
    Return on Equity (ROE): 7.51% ($20.7 mil)
    Quarterly return on equity: 8.15% ($22.5 mil)
    Net income: $20.3 mil
    Quarterly Net income: $5.6 mil
    Pretax return on assets: 1.21% ($26,321.5 mil)
    Quarterly Pretax return on assets: 1.32% ($28,714.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 495Total employees (full-time equivalent)
  • $2,175,333Total assets
  • $104,911Cash and due from depository institutions
  • $65,570Interest-bearing balances
  • $465,934Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,419,693Net loans & leases
  • $29,870Loan loss allowance
  • $0Trading account assets
  • $30,288Bank premises and fixed assets
  • $6,600Other real estate owned
  • $58,039Goodwill and other intangibles
  • $2,175,333Life insurance assets
  • $89,868All other assets
  • $1,884,010Total liabilities and capital
  • $1,749,757Total liabilities
  • $1,651,806Total deposits
  • $1,749,757Interest-bearing deposits
  • $69Deposits held in domestic offices
  • 109740.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,082Trading liabilities
  • $0Other borrowed funds
  • $19,431Subordinated debt
  • $291,323All other liabilities
  • $276,323Total equity capital
  • $276,323Total bank equity capital
  • $0Perpetual preferred stock
  • $2,400Common stock
  • $108,838Surplus
  • $165,085Undivided profits
  • Memoranda
  • $15,000Noncurrent loans and leases
  • $3,157Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $38,572Income earned, not collected on loans
  • $640Earning assets
  • $6,901Long-term assets (5+ years)
  • $1,951,197Average Assets, year-to-date
  • $447,557Average Assets, quarterly
  • $2,109,159Volatile liabilities
  • $2,161,804Insider loans
  • $1,676,969FHLB advances
  • $2,096,009Loans and leases held for sale
  • $59,383Unused loan commitments
  • $37,666Tier 1 (core) risk-based capital
  • $228,619Tier 2 risk-based capital
  • $21,717Total risk weighted assets
  • $0Total unused commitments
  • $474,022Restructured Loans and leases
  • $32,289Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $85,400Total interest income
  • $9,521Total interest expense
  • $75,879Net interest income
  • $17,479Provision for loan and lease losses
  • $33,015Total noninterest income
  • $6,344Fiduciary activities
  • $5,057Service charges on deposit accounts
  • $0Trading account gains & fees
  • $21,614Additional noninterest income
  • $67,191Total noninterest expense
  • $28,193Salaries and employee benefits
  • $9,235Premises and equipment expense
  • $29,763Additional noninterest expense
  • $24,224Pre-tax net operating income
  • $1,359Securities gains (losses)
  • $5,326Applicable income taxes
  • $20,257Income before extraordinary items
  • $0Extraordinary gains - net
  • $20,257Net income attributable to bank
  • $0Net charge-offs
  • $20,257Cash dividends
  • $18,507Sale, conversion, retirement of capital stock, net
  • $13,681Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.50%Yield on earning assets
  • 0.50%Cost of funding earning assets
  • 4.00%Net interest margin
  • 1.74%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.21%Pretax return on assets
  • 7.51%Return on equity (ROE)
  • 2.44%Retained earnings to average equity (YTD only)
  • 1.28%Net charge-offs to loans
  • 94.45%Credit loss provision to net charge-offs
  • 2.25%Efficiency ratio
  • 60,855Assets per employee
  • 4.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 67.54%Loss allowance to loans
  • 2.06%Loss allowance to noncurrent loans
  • 77.44%Noncurrent assets plus other real estate owned to assets
  • 2.08%Noncurrent loans to loans
  • 2.66%Net loans and leases to deposits
  • 81.14%Net loans and leases to core deposits
  • 86.03%Equity capital to assets
  • 12.70%Core capital (leverage) ratio
  • 10.91%Tier 1 risk-based capital ratio
  • 13.63%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $2,109,159Average earning assets
  • $269,640Average equity
  • $1,897,770Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $957,026Managed Assets
  • 1Number of Accounts
  • $879,392Personal trust and agency accounts
  • $182,882Employee benefit-defined contribution accounts
  • $12,189Employee benefit-defined benefit accounts
  • $64,028Other retirement accounts
  • $71,259Corporate trust and agency accounts
  • $52,549Investment management agency accounts
  • $440,807Other fiduciary accounts
  • $22,348Fiduciary accounts held in foreign offices
  • $33,330Non-managed Assets
  • 1849Number of Accounts
  • $0Personal trust and agency accounts
  • $67,878Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $77,634Other retirement accounts
  • $0Corporate trust and agency accounts
  • $20,687Other fiduciary accounts
  • $19,522Fiduciary accounts held in foreign offices

List of branches

  • 40 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05007Univest Bank And Trust Co.10 West Broad Street, Souderton, PA 18964April 01, 1876Full Service Brick and Mortar
    1216492Green Lane Branch101 Walnut Street, Green Lane, PA 18054July 02, 1956Full Service Brick and Mortar
    2216493Kulpsville BranchSumneytown Pike, Kulpsville, PA 19443July 26, 1963Full Service Brick and Mortar
    3216494Line Lexington BranchRoute 309 & Line Lexington Road, Line Lexington, PA 18932January 22, 1965Full Service Brick and Mortar
    4216495Schwenksville Branch415 Main Street, Schwenksville, PA 19473August 01, 1962Full Service Brick and Mortar
    5216496Telford BranchMain Street And Penn Avenue, Telford, PA 18969January 03, 1955Full Service Brick and Mortar
    7216498Hilltown BranchState Route 113 And U.S. Route 309, Hilltown Township, PA 18964December 19, 1966Full Service Brick and Mortar
    8216499Montgomery Township BranchRoute 309 And Stump Road, Montgomery Township, PA 18936May 15, 1970Full Service Brick and Mortar
    9216500Perkasie Square Branch100 Constitution Avenue, Perkasie, PA 18944November 05, 1971Full Service Brick and Mortar
    10216501Milford BranchRoute 663 And Weiss Road, Milford Square, PA 18935March 22, 1974Full Service Brick and Mortar
    11216502Lansdale Area Branch120 Forty Foot Rd, Hatfield, PA 19440March 21, 1980Full Service Brick and Mortar
    12216503Franconia BranchRoute 113 And Allentown Road, Franconia, PA 18924August 08, 1980Full Service Brick and Mortar
    15216506Trappe Office Branch595 Main Street, Trappe, PA 19426October 15, 1991Full Service Brick and Mortar
    16216507Spring House/Gwynedd Estates Branch728 Norristown Road, Spring House, PA 19477June 02, 1992Limited Service Mobile
    17216508Telford Lutheran Home Branch235 Washington Street, Telford, PA 18969October 05, 1992Limited Service Mobile
    18216509Frederick Mennonite Branch2849 Big Road, Frederick, PA 19435July 14, 1993Limited Service Mobile
    19215647Plumsteadville Branch5859 Easton Road, Plumsteadville, PA 18949June 30, 1969Full Service Brick and Mortar
    20216510Sellersville Branch835 Lawn Avenue, Sellersville, PA 18960November 14, 1994Full Service Brick and Mortar
    25216514Brittany Pointe Branch1001 Valley Forge Road, Lansdale, PA 19446July 12, 1994Limited Service Mobile
    27216516Buckingham BranchHunt Acres Center, 5010 York Road, Holicong, PA 18928September 03, 1996Full Service Brick and Mortar
    28216517Quakertown Shopping Plaza BranchRoute 313 And 309, Quakertown, PA 18951November 06, 1996Full Service Retail
    29216518Solebury Branch6542 Logan Square, New Hope, PA 18938January 27, 1997Full Service Brick and Mortar
    31184401East Greenville Branch321 Main Street, East Greenville, PA 18041January 03, 1961Full Service Brick and Mortar
    32216520Telford Supermarket Branch2685 County Line Road, Telford, PA 18969December 22, 1997Full Service Retail
    36275155Silverdale Branch103 S Baringer Ave., Perkasie, PA 18944January 01, 1886Full Service Brick and Mortar
    37275156500 Harleysville Pike Branch500 Harleysville Pike, Franconia, PA 18924January 01, 1886Limited Service Facility
    40275158Rockhill Mennonite Community Branch2100 Route 152, West Rockhill Township, PA 18960April 20, 1992Limited Service Mobile
    41275159Schwenckfeld Manor Branch1290 Allentown Road, Kulpsville, PA 19443April 20, 1992Limited Service Mobile
    42419044Doylestown Branch191 West State Street, Doylestown, PA 18901September 06, 2002Full Service Brick and Mortar
    4357010Cross Keys Branch842 North Easton Road, Doylestown, PA 18901December 02, 1996Full Service Brick and Mortar
    44290503Bensalem Branch2645 Street Road, Bensalem, PA 19020July 20, 1998Full Service Brick and Mortar
    45334301Newtown Branch3 Friends Lane, Newtown, PA 18940March 16, 2000Full Service Brick and Mortar
    47280673Warminster Branch601 Louis Drive, Warminster, PA 18974June 30, 1986Full Service Brick and Mortar
    4857102Suburban Community Bank Branch195 East Butler Avenue, Chalfont, PA 18914November 06, 1996Full Service Brick and Mortar
    4929058440 East Street Road Branch40 East Street Road, Feasterville, PA 19053March 01, 1999Full Service Brick and Mortar
    50431408Skippack Office Branch4258 Township Line Road, Schwenksville, PA 19473January 20, 2004Full Service Brick and Mortar
    51443322Blue Bell Branch694 Dekalb Pike, Blue Bell, PA 19422June 06, 2005Full Service Brick and Mortar
    52446078Royersford Branch328 Lewis Road, Royersford, PA 19468November 07, 2005Full Service Brick and Mortar
    53457072Vernfield BranchShelly Road And Sumneytown Pike, Harleysville, PA 19438September 25, 2006Full Service Brick and Mortar
    58467496Www.Univest.net Branch16 Harbor Place, Souderton, PA 18964October 16, 2006Full Service Cyber

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