Univest Corp. of Pennsylvania (UVSP) Wednesday reported a second-quarter profit of $4.8 million or $0.28 per share, up from $4.5 million or $0.27 per share in the same period last year.
Net-interest income decreased 4 percent to $18.1 million from $19 million last year.
Net-interest margin, on a tax-equivalent basis, was 3.97 percent, compared to 3.95 percent last year.
Non-interest income totaled $8.0 million, down 8 percent from $8.7 million last year.
Provision for loan and lease losses declined to $1.3 million from $5.6 million last year.
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