Bank Notes: Univest takes $12.7M charge for alleged Worley & Obetz loan fraud
July 30, 2018 at 07:37 AM EDT
The charge represented a 34 cents per share hit on its second quarter earnings. The bank reported a $4.4 million profit or 15 cents per share, down from $11.8 million , or 44 cents per share, in the same period of 2017.
