Company: STBA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000719220-25-000013
Chunk: 117

Company: S&T BANCORP INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 117
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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)$1,283,445 Net income for the year ended December 31, 2024— — 131,265 — — 131,265 Other comprehensive income, net of tax— — — 13,909 — 13,909 Impact of adoption of ASU 2023-02— — (1,002)— — (1,002)Cash dividends declared ($