Company: STBA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000719220-25-000028
Chunk: 26

Company: S&T BANCORP INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 26
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 corporations and agencies10,239 — (112)10,127 15,260 — (189)15,071 Collateralized mortgage obligations of U.S. government corporations and agencies686,862 2,389 (40,433)648,818 643,690 872 (48,278)596,284 Residential mortgage-backed securities of U.S. government corporations and agencies39,156 5 (6,018)33,143 40,109 3 (6,905)33,207 Commercial mortgage-backed securities of U.S. government corporations and agencies226,228 923 (7,866)219,285 237,270 115 (12,587)224,798 Obligations of states and political subdivisions4,981 — (9)4,972 24,780 — (493)24,287 Total Available-for-Sale Debt Securities(1)$1,064,347 $3,372 $(57,769)$1,009,950 $1,058,154 $990 $(72,729)$986,415 (1) Excludes interest receivable of $3.4 million at March 31, 2025 and $3.7 million at December 31, 2024. Interest receivable is included in other assets in the Consolidated Balance Sheets.

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

The following tables present the fair value and the age of gross unrealized losses on available-for-sale debt securities by investment category as of the dates presented:March 31, 2025Less Than 12 Months12 Months or MoreTotal(dollars in thousands)Number of SecuritiesFair ValueUnrealizedLossesNumber of SecuritiesFair ValueUnrealizedLossesNumber of SecuritiesFair ValueUnrealizedLossesU.S. Treasury securities4$40,198 $(170)5$48,375 $(3,161)9$88,573 $(3,331)Obligations of U.S. government corporations and agencies—— — 110,127 (112)110,127 (112)Collateralized mortgage obligations of U.S. government corporations and agencies11107,047 (1,308)56311,651 (39,125