Company: STBA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000719220-25-000028
Chunk: 24

Company: S&T BANCORP INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 24
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 The following tables present the carrying values and fair values of our financial instruments at the dates presented:CarryingValue(1)Fair Value Measurements at March 31, 2025(dollars in thousands)TotalLevel 1Level 2Level 3ASSETSCash and due from banks, including interest-bearing deposits$211,836 $211,836 $211,836 $— $— Securities available for sale1,011,111 1,011,111 94,766 916,345 — Portfolio loans, net7,737,339 7,507,010 — — 7,507,010 Collateral receivable595 595 595 — — Securities held in a deferred compensation plan10,692 10,692 10,692 — — Mortgage servicing rights5,478 8,126 — — 8,126 Interest rate swap contracts - commercial loans48,493 48,493 — 48,493 — LIABILITIESDeposits$7,892,933 $7,888,880 $6,070,301 $1,818,579 $— Collateral payable42,834 42,834 42,834 — — Short-term borrowings95,000 95,000 — 95,000 — Long-term borrowings50,876 50,815 — 50,815 — Junior subordinated debt securities49,433 49,433 — 49,433 — Interest rate swap contracts - commercial loans48,865 48,865 — 48,865 — Interest rate swap contracts - cash flow hedge6,473 6,473 — 6,473 — (1) As reported in the Consolidated Balance Sheets

10

Table of ContentsS&T BANCORP, INC. AND SUBSIDIARIESNOTES TO 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