Company: STBA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000719220-25-000091
Chunk: 67

Company: S&T BANCORP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 67
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 in C&I and $32.7 million in commercial construction. 

Consumer loans represent 31.8 percent of our total portfolio loans at September 30, 2025 and December 31, 2024. The consumer loan portfolio increased $79.3 million at September 30, 2025 compared to December 31, 2024 primarily due to growth in our consumer real estate portfolio of $81.5 million. 

Allowance for Credit Losses

We maintain an ACL at a level determined to be adequate to absorb estimated expected credit losses within the loan portfolio over the contractual life of an instrument that considers our historical loss experience, current conditions and forecasts of future economic conditions as of the balance sheet date. We develop and document a systematic ACL methodology based on the following portfolio segments: 1) CRE, 2) C&I, 3) Commercial Construction, 4) Business Banking, 5) Consumer Real Estate and 6) Other Consumer. Refer to Part 1. Financial Information, Note 5. Loans and Allowance for Credit Losses for details on our portfolio segments.

The following table presents activity in the ACL for the period presented:

Nine Months Ended September 30, 2025(dollars in thousands)CommercialReal EstateCommercial andIndustrialCommercialConstructionBusiness BankingConsumerReal EstateOtherConsumerTotal LoansAllowance for credit losses on loans:Balance at beginning of period$30,254 $37,084 $4,893 $10,681 $15,776 $2,806 $101,494 Provision for credit losses on loans(1)2,999 (4,424)(467)1,124 368 606 206 Charge-offs— (2,399)(119)(784)(772)(1,519)(5,593)Recoveries135 370 9 114 520 900 2,048 Net (Charge-offs) Recoveries135 (2,029)(110)(670)(252)(619)(3,545)Balance at End of Period$33,388 $30,631 $4,316 $11,135 $15,892 $2,793 $98,155 (1) Excludes the provision for credit losses for unfunded commitments.

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