Company: STBA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000719220-25-000091
Chunk: 19

Company: S&T BANCORP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 19
---
. Treasury securities$92,768 $— $— $92,768 Obligations of U.S. government corporations and agencies— 15,071 — 15,071 Collateralized mortgage obligations of U.S. government corporations and agencies— 596,284 — 596,284 Residential mortgage-backed securities of U.S. government corporations and agencies— 33,207 — 33,207 Commercial mortgage-backed securities of U.S. government corporations and agencies— 224,798 — 224,798 Obligations of states and political subdivisions— 24,287 — 24,287 Total Available-for-Sale Debt Securities92,768 893,647 — 986,415 Equity securities1,176 — — 1,176 Total Securities Available for Sale93,944 893,647 — 987,591 Securities held in a deferred compensation plan10,876 — — 10,876 Derivative financial assets:Interest rate swap contracts - commercial loans— 60,890 — 60,890 Total Assets$104,820 $954,537 $— $1,059,357 LIABILITIESDerivative financial liabilities:Interest rate swap contracts - commercial loans$— $61,271 $— $61,271 Interest rate swap contracts - cash flow hedge— 9,589 — 9,589 Total Liabilities$— $70,860 $— $70,860 

10

Table of ContentsS&T BANCORP, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Assets Recorded at Fair Value on a Nonrecurring BasisWe may be required to measure certain assets and liabilities at fair value on a nonrecurring basis. Nonrecurring assets are recorded at the lower of cost or fair value in our condensed consolidated financial statements. There were no liabilities measured at fair value on a nonrecurring basis at both September 30, 2025 and December 31, 2024. There were no Level 3 assets measured at fair value on a nonrecurring basis and three Level 2 individually evaluated loans measured at fair value on a nonrecurring basis for $16.9 million as of September 30, 2025. As of December 31, 2024,