S&T BANCORP INC
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
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
| December 31, | ||
|---|---|---|
| (in thousands, except share and per share data) | 2024 | 2023 |
| ASSETS | ||
| Cash and due from banks, including interest-bearing deposits of $175,606 and $160,802 at December 31, 2024 and December 31, 2023 | $244,820 | $233,612 |
| Securities available for sale, at fair value | 987,591 | 970,391 |
| Loans held for sale | — | 153 |
| Portfolio loans, net of unearned income | 7,742,958 | 7,653,341 |
| Allowance for credit losses | (101,494) | (107,966) |
| Portfolio loans, net | 7,641,464 | 7,545,375 |
| Bank owned life insurance | 85,012 | 84,008 |
| Premises and equipment, net | 45,033 | 49,006 |
| Federal Home Loan Bank and other restricted stock, at cost | 15,231 | 25,082 |
| Goodwill | 373,424 | 373,424 |
| Other intangible assets, net | 3,055 | 4,059 |
| Other assets | 262,342 | 266,416 |
| Total Assets | $9,657,972 | $9,551,526 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-bearing demand | $2,185,242 | $2,221,942 |
| Interest-bearing demand | 812,768 | 825,787 |
| Money market | 2,040,285 | 1,941,842 |
| Savings | 877,859 | 950,546 |
| Certificates of deposit | 1,866,963 | 1,581,652 |
| Total Deposits | 7,783,117 | 7,521,769 |
| Short-term borrowings | 150,000 | 415,000 |
| Long-term borrowings | 50,896 | 39,277 |
| Junior subordinated debt securities | 49,418 | 49,358 |
| Other liabilities | 244,247 | 242,677 |
| Total Liabilities | 8,277,678 | 8,268,081 |
| SHAREHOLDERS’ EQUITY | ||
| Common stock ($2.50 par value)Authorized—50,000,000 sharesIssued—41,449,444 shares at December 31, 2024 and December 31, 2023Outstanding—38,259,449 shares at December 31, 2024 and 38,232,806 shares at December 31, 2023 | 103,623 | 103,623 |
| Additional paid-in capital | 411,785 | 409,034 |
| Retained earnings | 1,039,035 | 959,604 |
| Accumulated other comprehensive loss | (76,992) | (90,901) |
| Treasury stock — 3,189,995 shares at December 31, 2024 and 3,216,638 shares at December 31, 2023, at cost | (97,157) | (97,915) |
| Total Shareholders’ Equity | 1,380,294 | 1,283,445 |
| Total Liabilities and Shareholders’ Equity | $9,657,972 | $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.