Company: STBA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000719220-25-000091
Chunk: 40

Company: S&T BANCORP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 40
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)1,136 934 4,693 Charge-offs(5,205)(2,436)— (373)(1,087)(1,122)(10,223)Recoveries458 907 — 154 134 232 1,885 Net Charge-offs(4,747)(1,529)— (219)(953)(890)(8,338)Balance at End of Period$35,637 $35,724 $4,402 $11,029 $14,846 $2,683 $104,321 (1) Excludes the provision for credits losses for unfunded commitments.

NOTE 6. DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Derivatives Designated as Hedging Instruments The following table indicates the amounts representing the value of derivative assets and derivative liabilities as of the dates presented:Derivative Assets(Included in Other Assets)Derivative Liabilities(Included in Other Liabilities)September 30, 2025December 31, 2024September 30, 2025December 31, 2024(dollars in thousands)Notional AmountFair ValueNotional AmountFair ValueNotional AmountFair ValueNotional AmountFair ValueDerivatives Designated as Hedging InstrumentsInterest rate swap contracts - cash flow hedges$— $— $— $— $400,000 $3,199 $500,000 $9,589 Total Derivatives Designated as Hedging Instruments— — — — 400,000 3,199 500,000 9,589 Derivatives Not Designated as Hedging InstrumentsInterest rate swap contracts - commercial loans758,665 35,739 850,104 60,890 758,665 36,042 850,104 61,271 Interest rate lock commitments - mortgage loans580 19 — — — — — — Total Derivatives Not Designated as Hedging Instruments759,245 35,758 850,104 60,890 758,665 36,042 850,104 61,271 Total Derivatives$759,245 $35,758 $850,104 $60,890 $1,158,665 $39,241 $1,350,104 $70,860