Company: STBA
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000719220-25-000053
Chunk: 59

Company: S&T BANCORP INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 59
---
 (203)Change in Interest Earned on Interest-earning Assets$2,147 $(2,097)$50 $2,626 $(5,558)$(2,932)Interest paid on:Interest-bearing demand$(165)$(222)$(387)$(305)$(471)$(776)Money market2,018 (1,080)938 3,333 (2,181)1,152 Savings(61)(5)(66)(149)50 (99)Certificates of deposit1,112 (2,170)(1,058)3,553 (2,711)842 Total Interest-bearing Deposits2,904 (3,477)(573)6,432 (5,313)1,119 Short-term borrowings(1,600)(153)(1,753)(5,459)(410)(5,869)Long-term borrowings133 (91)42 264 (188)76 Junior subordinated debt securities1 (128)(127)2 (265)(263)Total Borrowings(1,466)(372)(1,838)(5,193)(863)(6,056)Other interest-bearing liabilities(344)(81)(425)(456)(196)(652)Change in Interest Paid on Interest-bearing Liabilities1,094 (3,930)(2,836)783 (6,372)(5,589)Change in Net Interest Income$1,053 $1,833 $2,886 $1,843 $814 $2,657 (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.

33

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

(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.

Provision for Credit Losses

The provision for credit losses includes a provision for losses on loans and on unfunded commitments. The provision for credit losses fluctuates based on changes in loan balances, loan risk ratings, net