Company: STBA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000719220-25-000013
Chunk: 119

Company: S&T BANCORP INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 119
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,627 (28,430)114,804 Net Cash Provided by Operating Activities173,367 171,749 240,525 INVESTING ACTIVITIESPurchases of securities(313,552)(99,583)(401,054)Proceeds from maturities, prepayments and calls of securities159,606 147,710 160,830 Proceeds from sales of securities136,401 — 30,490 Redemption (purchases) of Federal Home Loan Bank stock9,851 (2,047)(13,515)Net increase in loans(106,239)(492,795)(192,403)Proceeds from sale of portfolio loans8,923 11,641 8,024 Proceeds from sale of other real estate owned131 7,051 12,529 Purchases of premises and equipment(2,994)(6,219)(3,863)Proceeds from the sale of premises and equipment58 710 161 Proceeds from life insurance settlement1,003 1,696 214 Net payments from cash flow hedge(11,480)(12,383)(91)Net Cash Used in Investing Activities(118,292)(444,219)(398,678)FINANCING ACTIVITIESNet decrease in demand, money market and savings deposits(23,963)(345,260)(623,076)Net increase (decrease) in certificates of deposit285,321 647,111 (153,400)Net (decrease) increase in short-term borrowings(265,000)45,000 285,509 Proceeds from long-term borrowings50,000 25,000 — Repayments on long-term borrowings(38,381)(5,464)(7,689)Repurchase of shares for taxes on restricted stock(870)(798)(808)Cash dividends paid to common shareholders(50,974)(49,708)(46,952)Repurchase of common stock— (19,808)(7,637)Net Cash (Used in) Provided by Financing Activities(43,867)296,073 (554,053)Net increase (decrease) in cash and due from banks11,208 23,603 (712,206)Cash and due from banks at beginning of period233,612 210,009 922,215 Cash and Due From Banks at End of Period$244,820 $233,612