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Parent Company Condensed Financial Information (Tables)
12 Months Ended
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Balance Sheets of S&T Bancorp, Inc.
BALANCE SHEETS
 
December 31,
(dollars in thousands)
2017

 
2016

ASSETS
 
 
 
Cash
$
21,310

 
$
17,057

Investments in:
 
 
 
Bank subsidiary
857,293

 
819,531

Nonbank subsidiaries
19,569

 
21,980

Other assets
7,272

 
4,694

Total Assets
$
905,444

 
$
863,262

LIABILITIES
 
 
 
Long-term debt
$
20,619

 
$
20,619

Other liabilities
794

 
687

Total Liabilities
21,413

 
21,306

Total Shareholders’ Equity
884,031

 
841,956

Total Liabilities and Shareholders’ Equity
$
905,444

 
$
863,262

Statements of Net Income of S&T Bancorp, Inc.
STATEMENTS OF NET INCOME
 
Years ended December 31,
(dollars in thousands)
2017

 
2016

 
2015

Dividends from subsidiaries
$
36,169

 
$
34,134

 
$
75,413

Investment income
22

 
17

 
19

Total Income
36,191

 
34,151

 
75,432

Interest expense on long-term debt
955

 
854

 
773

Other expenses
3,801

 
4,012

 
3,687

Total Expense
4,756

 
4,866

 
4,460

Income before income tax and undistributed net income of subsidiaries
31,435

 
29,285

 
70,972

Income tax benefit
(1,596
)
 
(1,697
)
 
(1,549
)
Income before undistributed net income of subsidiaries
33,031

 
30,982

 
72,521

Equity in undistributed net income (distribution in excess of net income) of:
 
 
 
 
 
Bank subsidiary
40,877

 
40,051

 
(5,064
)
Nonbank subsidiaries
(940
)
 
359

 
(376
)
Net Income
$
72,968

 
$
71,392

 
$
67,081

Statements of Cash Flows of S&T Bancorp, Inc.
STATEMENTS OF CASH FLOWS
 
Years ended December 31,
(dollars in thousands)
2017

 
2016

 
2015

OPERATING ACTIVITIES
 
 
 
 
 
Net Income
$
72,968

 
$
71,392

 
$
67,081

Equity in undistributed (earnings) losses of subsidiaries
(39,937
)
 
(40,410
)
 
5,440

Tax benefit from stock-based compensation

 
(9
)
 
(53
)
Other
480

 
379

 
3,129

Net Cash Provided by Operating Activities
33,511

 
31,352

 
75,597

INVESTING ACTIVITIES
 
 
 
 
 
Net investments in subsidiaries

 

 
(38,404
)
Acquisitions

 

 
(29,510
)
Net Cash Used in Investing Activities

 

 
(67,914
)
FINANCING ACTIVITIES
 
 
 
 
 
Repayment of junior subordinated debt

 

 
(8,500
)
(Purchase) Sale of treasury shares, net
(689
)
 
(115
)
 
(182
)
Cash dividends paid to common shareholders
(28,569
)
 
(26,784
)
 
(24,487
)
Tax benefit from stock-based compensation

 
9

 
53

Net Cash Used in Financing Activities
(29,258
)
 
(26,890
)
 
(33,116
)
Net increase (decrease) in cash
4,253

 
4,462

 
(25,433
)
Cash at beginning of year
17,057

 
12,595

 
38,028

Cash at End of Year
$
21,310

 
$
17,057

 
$
12,595