Company: STBA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000719220-25-000091
Chunk: 62

Company: S&T BANCORP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 62
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Three Months Ended September 30,Nine Months Ended September 30,(dollars in thousands)20252024$ Change% Change20252024$ Change% ChangeSalaries and employee benefits$32,180 $31,274 $906 2.9 %$94,940 $91,174 $3,766 4.1 %Data processing and information technology4,901 5,003 (102)(2.0)%14,678 14,172 506 3.6 %Occupancy4,014 3,828 186 4.9 %12,340 11,347 993 8.8 %Furniture, equipment and software3,225 3,410 (185)(5.4)%10,060 10,264 (204)(2.0)%Other taxes2,088 1,874 214 11.4 %5,670 5,178 492 9.5 %Marketing1,255 1,382 (127)(9.2)%4,360 4,729 (369)(7.8)%Professional services and legal1,199 1,229 (30)(2.4)%4,224 4,352 (128)(2.9)%FDIC insurance1,071 1,054 17 1.6 %3,173 3,156 17 0.5 %Other6,443 6,311 132 2.1 %20,136 19,121 1,015 5.3 %Total Noninterest Expense$56,376 $55,365 $1,011 1.8 %$169,581 $163,493 $6,088 3.7 %

Noninterest expense increased $1.0 million and $6.1 million for the three and nine months ended September 30, 2025 compared to the same periods in 2024. Salaries and employee benefits increased $0.9 million and $3.8 million for the three and nine months ended September 30, 2025 primarily due to annual merit increases, higher incentives and increased medical costs. Data processing and information technology increased $0.5 million for the nine months ended September 30, 2025 due to additional services provided through our third party vendor. Occupancy increased $1.0 million