Company: STBA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000719220-25-000053
Chunk: 97

Company: S&T BANCORP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 97
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aries and employee benefits$32,907 $30,388 $2,519 8.3 %$62,760 $59,900 $2,860 4.8 %Data processing and information technology4,847 4,215 632 15.0 %9,777 9,169 608 6.6 %Occupancy4,024 3,649 375 10.3 %8,326 7,519 807 10.7 %Furniture, equipment and software3,352 3,382 (30)(0.9)%6,835 6,854 (19)(0.3)%Other taxes2,088 1,433 655 45.7 %3,582 3,304 278 8.4 %Marketing1,490 1,404 86 6.1 %3,105 3,347 (242)(7.2)%Professional services and legal1,739 1,403 336 23.9 %3,025 3,123 (98)(3.1)%FDIC insurance1,062 1,053 9 0.9 %2,102 2,102 — — %Other6,605 6,681 (76)(1.1)%13,693 12,810 883 6.9 %Total Noninterest Expense$58,114 $53,608 $4,506 8.4 %$113,205 $108,128 $5,077 4.7 %

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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

Noninterest expense increased $4.5 million and $5.1 million for the three and six months ended June 30, 2025 compared to the same periods in 2024. Salaries and employee benefits increased $2.5 million and $2.9 million for the three and six months ended June 30, 2025 primarily due to annual merit increases, higher incentives and increased medical costs. Data processing and information technology increased $0.6 million for both the three and six months ended June 30, 2025 compared to the same periods in 2024