S&T BANCORP INC
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
STBA$51.38+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders’ Equity
| (dollars in thousands, except share and per share data) | CommonStock | AdditionalPaid-inCapital | RetainedEarnings | AccumulatedOtherComprehensive Loss | TreasuryStock | Total |
|---|---|---|---|---|---|---|
| Balance at January 1, 2021 | $103,623 | $400,668 | $710,061 | $8,971 | $(68,612) | $1,154,711 |
| Net income for the year ended December 31, 2021 | — | — | 110,343 | — | — | 110,343 |
| Other comprehensive loss, net of tax | — | — | — | (16,061) | — | (16,061) |
| Cash dividends declared ($1.13 per share) | — | — | (44,336) | — | — | (44,336) |
| Treasury stock issued for restricted stock awards (130,670 shares) | — | — | (4,163) | — | 4,163 | — |
| Forfeitures of restricted stock awards (77,483 shares) | — | — | 1,754 | — | (2,384) | (630) |
| Recognition of restricted stock compensation expense | — | 2,427 | — | — | — | 2,427 |
| Balance at December 31, 2021 | $103,623 | $403,095 | $773,659 | $(7,090) | $(66,833) | $1,206,454 |
| Net income for the year ended December 31, 2022 | — | — | 135,520 | — | — | 135,520 |
| Other comprehensive loss, net of tax | — | — | — | (105,035) | — | (105,035) |
| Cash dividends declared ($1.20 per share) | — | — | (47,023) | — | — | (47,023) |
| Treasury stock issued for restricted stock awards (4,250 shares) | — | — | (135) | — | 135 | — |
| Forfeitures of restricted stock awards (87,208 shares) | — | — | 1,927 | — | (2,735) | (808) |
| Repurchase of S&T stock (268,503 shares) | — | — | — | — | (7,637) | (7,637) |
| Recognition of restricted stock compensation expense | — | 3,188 | — | — | — | 3,188 |
| Balance at December 31, 2022 | $103,623 | $406,283 | $863,948 | $(112,125) | $(77,070) | $1,184,659 |
| Net income for the year ended December 31, 2023 | — | — | 144,781 | — | — | 144,781 |
| Other comprehensive income, net of tax | — | — | — | 21,224 | — | 21,224 |
| Impact of adoption of ASU 2022-02 | — | — | (447) | — | — | (447) |
| Cash dividends declared ($1.29 per share) | — | — | (49,850) | — | — | (49,850) |
| Treasury stock issued for restricted stock awards (36,166 shares) | — | (1,123) | — | — | 1,123 | — |
| Forfeitures of restricted stock awards (63,667 shares) | — | — | 1,172 | — | (1,970) | (798) |
| Repurchase of S&T Stock (739,426 shares) | — | — | — | — | (19,998) | (19,998) |
| Recognition of restricted stock compensation expense | — | 3,874 | — | — | — | 3,874 |
| Balance at December 31, 2023 | $103,623 | $409,034 | $959,604 | $(90,901) | $(97,915) | $1,283,445 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.