Company: STBA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000719220-25-000053
Chunk: 52

Company: S&T BANCORP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 52
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 average balance of interest-earning assets and interest-bearing liabilities and changes in interest rates and spreads. The level and mix of interest-earning assets and interest-bearing liabilities is managed by our Asset and Liability Committee, or ALCO, in order to mitigate interest rate and liquidity risks of the balance sheet. A variety of ALCO strategies were implemented, within prescribed ALCO risk parameters, to produce what we believe is an acceptable level of net interest income.

Average Balance Sheet and Net Interest Income Analysis (FTE) (non-GAAP)

The following tables provide information regarding the average balances, interest and rates earned on interest-earning assets, and interest and rates paid on interest-bearing liabilities for the periods presented:

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Table of ContentsS&T BANCORP, INC. AND SUBSIDIARIESItem 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Three Months Ended June 30, 2025Three Months Ended June 30, 2024(dollars in thousands)Average BalanceInterestRateAverage BalanceInterestRateASSETSInterest-bearing deposits with banks$120,156 $1,335 4.46 %$143,521 $1,952 5.47 %Securities, at fair value(1)(2)1,011,629 9,575 3.79 %961,552 7,048 2.93 %Loans held for sale— — — %27 — 7.37 %Commercial real estate3,477,321 50,951 5.88 %3,346,725 49,676 5.97 %Commercial and industrial1,519,133 25,408 6.71 %1,606,173 29,462 7.38 %Commercial construction382,363 6,614 6.94 %374,856 7,292 7.82 %Total Commercial Loans5,378,817 82,973 6.19 %5,327,754 86,430 6.52 %Residential mortgage1,674,231 21,993 5.26 %1,528,200 19,088 5.00 %Home equity670,066 10,648 6.37 %644,545 11,236 7.01 %Installment and other consumer99,550 1