S&T BANCORP INC
For the period ended Sep 30, 2024. Filed Oct 31, 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.
Sep 30, 2024 · Filed Oct 31, 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 Balance Sheets
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (in thousands, except share and per share data) | (Unaudited) | (Audited) |
| ASSETS | ||
| Cash and due from banks, including interest-bearing deposits of $139,618 and $160,802 at September 30, 2024 and December 31, 2023 | $228,090 | $233,612 |
| Securities available for sale, at fair value | 1,011,312 | 970,391 |
| Loans held for sale | 307 | 153 |
| Portfolio loans, net of unearned income | 7,689,054 | 7,653,341 |
| Allowance for credit losses | (104,321) | (107,966) |
| Portfolio loans, net | 7,584,733 | 7,545,375 |
| Bank owned life insurance | 84,690 | 84,008 |
| Premises and equipment, net | 45,917 | 49,006 |
| Federal Home Loan Bank and other restricted stock, at cost | 11,484 | 25,082 |
| Goodwill | 373,424 | 373,424 |
| Other intangible assets, net | 3,173 | 4,059 |
| Other assets | 240,817 | 266,416 |
| Total Assets | $9,583,947 | $9,551,526 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-bearing demand | $2,157,537 | $2,221,942 |
| Interest-bearing demand | 773,224 | 825,787 |
| Money market | 2,074,095 | 1,941,842 |
| Savings | 879,653 | 950,546 |
| Certificates of deposit | 1,770,332 | 1,581,652 |
| Total Deposits | 7,654,841 | 7,521,769 |
| Short-term borrowings | 225,000 | 415,000 |
| Long-term borrowings | 64,015 | 39,277 |
| Junior subordinated debt securities | 49,403 | 49,358 |
| Other liabilities | 214,934 | 242,677 |
| Total Liabilities | 8,208,193 | 8,268,081 |
| SHAREHOLDERS’ EQUITY | ||
| Common stock ($2.50 par value)Authorized—50,000,000 sharesIssued—41,449,444 shares at September 30, 2024 and December 31, 2023Outstanding—38,259,730 shares at September 30, 2024 and 38,232,806 shares at December 31, 2023 | 103,623 | 103,623 |
| Additional paid-in capital | 410,752 | 409,034 |
| Retained earnings | 1,019,033 | 959,604 |
| Accumulated other comprehensive loss | (60,508) | (90,901) |
| Treasury stock — 3,189,714 shares at September 30, 2024 and 3,216,638 shares at December 31, 2023, at cost | (97,146) | (97,915) |
| Total Shareholders’ Equity | 1,375,754 | 1,283,445 |
| Total Liabilities and Shareholders’ Equity | $9,583,947 | $9,551,526 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.