Company: STBA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000719220-25-000028
Chunk: 87

Company: S&T BANCORP INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 2
Chunk 87
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)Securities, at fair value(1)(2)167 1,911 2,078 Loans held for sale(3)— (3)Commercial real estate449 (1,265)(816)Commercial and industrial(1,673)(2,777)(4,450)Commercial construction188 (759)(571)Total Commercial Loans(1,036)(4,801)(5,837)Residential mortgage2,233 1,124 3,357 Home equity84 (1,205)(1,121)Installment and other consumer(247)(182)(429)Consumer construction(341)135 (206)Total Consumer Loans1,729 (128)1,601 Total Portfolio Loans693 (4,929)(4,236)Total Loans(1)(3)690 (4,929)(4,239)Total other earning assets(152)(16)(168)Change in Interest Earned on Interest-earning Assets$478 $(3,457)$(2,979)Interest paid on:Interest-bearing demand$(139)$(249)$(388)Money market1,320 (1,106)214 Savings(87)53 (34)Certificates of deposit2,408 (509)1,899 Total Interest-bearing Deposits3,502 (1,811)1,691 Short-term borrowings(3,886)(230)(4,116)Long-term borrowings132 (97)35 Junior subordinated debt securities1 (137)(136)Total Borrowings(3,753)(464)(4,217)Other interest-bearing liabilities(112)(115)(227)Change in Interest Paid on Interest-bearing Liabilities(363)(2,390)(2,753)Change in Net Interest Income$841 $(1,067)$(226)(1) Tax-exempt income is on an FTE basis (non-GAAP) using the statutory federal corporate income tax rate of 21 percent.

(2) Taxable investment income is adjusted for the dividend-received deduction for equity securities.

(3) Nonaccruing loans are included in the daily average loan amounts outstanding.

(4) Changes to rate/volume are allocated to both rate and volume on a proportionate dollar basis.

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Table of ContentsS&T BANCORP, INC. AND SUBSIDIARIESItem 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FIN