Company: STBA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000719220-25-000013
Chunk: 84

Company: S&T BANCORP INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7
Chunk 84
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 %Marketable equity securities— — %— — %— — %— — %1,176 3.00 %Total$27,781 $254,273 $120,894 $583,467 $1,176 Weighted Average Yield2.88 %2.54 %4.10 %3.52 %3.00 %

(1) Weighted-average yields are calculated on a taxable-equivalent basis using the federal statutory tax rate of 21 percent for 2024.

36

Table of ContentsS&T BANCORP, INC. AND SUBSIDIARIESItem 7.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Loan Composition

The following table summarizes our loan portfolio as of the dates presented:20242023202220212020(dollars in thousands)Amount% of TotalAmount% of TotalAmount% of TotalAmount% of TotalAmount% of TotalCommercialCommercial real estate$3,388,017 43.8 %$3,357,603 43.9 %$3,128,187 43.5 %$3,236,653 46.2 %$3,244,974 44.9 %Commercial and industrial1,540,397 19.9 %1,642,106 21.5 %1,718,976 23.9 %1,728,969 24.7 %1,954,453 27.0 %Commercial construction352,886 4.5 %363,284 4.7 %399,371 5.6 %440,962 6.3 %474,280 6.6 %Total Commercial Loans5,281,300 68.2 %5,362,993 70.1 %5,246,534 73.0 %5,406,584 77.2 %5,673,706 78.5 %ConsumerConsumer real estate2,356,901 30.4 %2,175,451 28.4 %1,812,539 25.2 %1,485,478 21.2 %1,471,238 20.4 %Other consumer104,757 1.4 %