S&T BANCORP INC
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 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
| Three Months Ended March 31, 2023 | ||||||
|---|---|---|---|---|---|---|
| (dollars in thousands, except share and per share data) | CommonStock | AdditionalPaid-inCapital | RetainedEarnings | AccumulatedOtherComprehensive Loss | TreasuryStock | Total |
| Balance at January 1, 2023 | $103,623 | $406,283 | $863,948 | $(112,125) | $(77,070) | $1,184,659 |
| Net income for the three months ended March 31, 2023 | — | — | 39,799 | — | — | 39,799 |
| Other comprehensive income, net of tax | — | — | — | 15,467 | — | 15,467 |
| Impact of adoption of ASU 2022-02 | — | — | (447) | — | — | (447) |
| Cash dividends declared ($0.32 per share) | — | — | (12,494) | — | — | (12,494) |
| Forfeitures of restricted stock awards (1,577 shares) | — | — | 34 | — | (53) | (19) |
| Recognition of restricted stock compensation expense | — | 830 | — | — | — | 830 |
| Balance at March 31, 2023 | $103,623 | $407,113 | $890,840 | $(96,658) | $(77,123) | $1,227,795 |
| See Notes to Consolidated Financial Statements | ||||||
| Three months ended March 31, 2024 | ||||||
| (dollars in thousands, except share and per share data) | CommonStock | AdditionalPaid-inCapital | RetainedEarnings | AccumulatedOtherComprehensive Loss | TreasuryStock | Total |
| Balance at January 1, 2024 | $103,623 | $409,034 | $959,604 | $(90,901) | $(97,915) | $1,283,445 |
| Net Income for the three months ended March 31, 2024 | — | — | 31,239 | — | — | 31,239 |
| Other comprehensive loss, net of tax | — | — | — | (6,796) | — | (6,796) |
| Impact of adoption of ASU 2023-02 | — | — | (1,002) | — | — | (1,002) |
| Cash dividends declared ($0.33 per share) | — | — | (12,661) | — | — | (12,661) |
| Treasury stock issued for restricted stock awards (2,062 shares) | — | (63) | — | — | 63 | — |
| Forfeitures of restricted stock awards (1,588 shares) | — | — | 15 | — | (52) | (37) |
| Recognition of restricted stock compensation expense | — | 886 | — | — | — | 886 |
| Balance at March 31, 2024 | $103,623 | $409,857 | $977,195 | $(97,697) | $(97,904) | $1,295,074 |
| See Notes to Consolidated Financial Statements | ||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.