Company: STBA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000719220-25-000091
Chunk: 106

Company: S&T BANCORP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 106
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HLB Advances. Long-term borrowings are for original terms greater than one year and are comprised of FHLB advances and finance leases. Total borrowings were $235.3 million at September 30, 2025 compared to $250.3 million at December 31, 2024.

(dollars in thousands)September 30, 2025December 31, 2024$ ChangeShort-term borrowings$135,000 $150,000 $(15,000)Long-term borrowings50,836 50,896 (60)Junior subordinated debt securities49,463 49,418 45 Total Borrowings$235,299 $250,314 $(15,015)

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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

Information pertaining to short-term borrowings is summarized in the table below for the nine months ended September 30, 2025 and for the twelve months ended December 31, 2024.

Short-Term Borrowings(dollars in thousands)September 30, 2025December 31, 2024Balance at the period end$135,000 $150,000 Average balance during the period$73,538 $257,524 Average interest rate during the period4.53 %5.12 %Maximum month-end balance during the period$160,000 $465,000 Average interest rate at the period end4.47 %4.60 %

Information pertaining to long-term borrowings and junior subordinated debt securities is summarized in the tables below for the nine months ended September 30, 2025 and for the twelve months ended December 31, 2024.

Long-Term Borrowings(dollars in thousands)September 30, 2025December 31, 2024Balance at the period end$50,836 $50,896 Average balance during the period$50,846 $46,306 Average interest rate during the period3.80 %4.24 %Maximum month-end balance during the period$50,890 $64,015 Average interest rate at the period end3.75 %3.75 %Junior Subordinated Debt Securities(dollars in thousands)September 30, 2025December 31, 202