Company: STBA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000719220-25-000053
Chunk: 16

Company: S&T BANCORP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 16
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 30,(in thousands, except share and per share data)2025202420252024Numerator for Earnings per Share—Basic and Diluted:Net income—Treasury Stock Method—Basic and Diluted$31,900 $34,371 $65,301 $65,610 Denominator for Earnings per Share—Treasury Stock Method:Weighted Average Shares Outstanding—Basic38,337,851 38,243,859 38,299,511 38,217,944 Add: Potentially dilutive shares299,549 287,833 319,230 277,678 Denominator for Treasury Stock Method—Diluted38,637,400 38,531,692 38,618,741 38,495,622 Earnings per share—basic$0.83 $0.90 $1.71 $1.72 Earnings per share—diluted$0.83 $0.89 $1.69 $1.70 Restricted stock considered anti-dilutive excluded from potentially dilutive shares55 323 28 181 

8

Table of ContentsS&T BANCORP, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 3. FAIR VALUE MEASUREMENTS

We use fair value measurements when recording and disclosing certain financial assets and liabilities. Debt securities, equity securities, securities held in a deferred compensation plan and derivative financial instruments are recorded at fair value on a recurring basis. Additionally, from time to time, we may be required to record other financial instruments at fair value on a nonrecurring basis, such as loans held for sale, loans individually evaluated, other real estate owned, or OREO, and other repossessed assets, mortgage servicing rights, or MSRs, and certain other assets.Fair value is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants at the measurement date. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities; it is not a forced transaction. In determining fair value, we use various valuation approaches, including market, income and cost approaches. The fair value standard establishes a hierarchy for inputs used in measuring