Company: STBA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000719220-25-000091
Chunk: 21

Company: S&T BANCORP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 21
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 — 36,042 — Interest rate swap contracts - cash flow hedge3,199 3,199 — 3,199 — (1) As reported in the Consolidated Balance Sheets

11

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

CarryingValue(1)Fair Value Measurements at December 31, 2024(dollars in thousands)TotalLevel 1Level 2Level 3ASSETSCash and due from banks, including interest-bearing deposits$244,820 $244,820 $244,820 $— $— Securities available for sale987,591 987,591 93,944 893,647 — Portfolio loans, net7,641,464 7,362,898 — — 7,362,898 Collateral receivable2,034 2,034 2,034 — — Securities held in a deferred compensation plan10,876 10,876 10,876 — — Mortgage servicing rights5,646 8,533 — — 8,533 Interest rate swaps - commercial loans60,890 60,890 — 60,890 — LIABILITIESDeposits$7,783,117 $7,778,740 $5,916,154 $1,862,586 $— Collateral payable52,516 52,516 52,516 — — Short-term borrowings150,000 150,000 — 150,000 — Long-term borrowings50,896 50,652 — 50,652 — Junior subordinated debt securities49,418 49,418 — 49,418 — Interest rate swaps - commercial loans61,271 61,271 — 61,271 — Interest rate swaps - cash flow hedge9,589 9,589 — 9,589 — (1) As reported in the Consolidated Balance Sheets

NOTE 4. SECURITIES 

The following table presents the fair values of our securities portfolio at the dates presented:(dollars in thousands)September 30, 2025December 31, 2024Debt securities$999,830 $986,