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Parent Company Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract] |
Balance Sheets of S&T Bancorp, Inc. | BALANCE SHEETS
| December 31,
(dollars in thousands) | 2019 |  |  | 2018 |
ASSETS |  |  |
Cash | $ | 7,509 |  |  | $ | 8,869 |
Investments in: |  |  |
Bank subsidiary | 1,198,964 |  |  | 925,286 |
Nonbank subsidiaries | 16,393 |  |  | 15,479 |
Other assets | 9,741 |  |  | 8,458 |
Total Assets | $ | 1,232,607 |  |  | $ | 958,092 |
LIABILITIES |  |  |
Long-term debt | $ | 39,277 |  |  | $ | 20,619 |
Other liabilities | 1,332 |  |  | 1,712 |
Total Liabilities | 40,609 |  |  | 22,331 |
Total Shareholders’ Equity | 1,191,998 |  |  | 935,761 |
Total Liabilities and Shareholders’ Equity | $ | 1,232,607 |  |  | $ | 958,092 |
Statements of Net Income of S&T Bancorp, Inc. | STATEMENTS OF NET INCOME
| Years ended December 31,
(dollars in thousands) | 2019 |  |  | 2018 |  |  | 2017 |
Dividends from subsidiaries | $ | 59,490 |  |  | $ | 44,988 |  |  | $ | 36,169 |
Investment income | 1 |  |  | 24 |  |  | 22 |
Total Income | 59,491 |  |  | 45,012 |  |  | 36,191 |
Interest expense on long-term debt | 1,285 |  |  | 1,149 |  |  | 955 |
Other expenses | 4,325 |  |  | 3,988 |  |  | 3,801 |
Total Expense | 5,610 |  |  | 5,137 |  |  | 4,756 |
Income before income tax and undistributed net income of subsidiaries | 53,881 |  |  | 39,875 |  |  | 31,435 |
Income tax benefit | (1,189 | ) |  | (1,093 | ) |  | (1,596 | )
Income before undistributed net income of subsidiaries | 55,070 |  |  | 40,968 |  |  | 33,031 |
Equity in undistributed net income (distribution in excess of net income) of: |  |  |  |  |
Bank subsidiary | 42,683 |  |  | 68,385 |  |  | 40,877 |
Nonbank subsidiaries | 481 |  |  | (4,019 | ) |  | (940 | )
Net Income | $ | 98,234 |  |  | $ | 105,334 |  |  | $ | 72,968 |
Statements of Cash Flows of S&T Bancorp, Inc. | STATEMENTS OF CASH FLOWS
| Years ended December 31,
(dollars in thousands) | 2019 |  |  | 2018 |  |  | 2017 |
OPERATING ACTIVITIES |  |  |  |  |
Net Income | $ | 98,234 |  |  | $ | 105,334 |  |  | $ | 72,968 |
Equity in undistributed (earnings) losses of subsidiaries | (43,164 | ) |  | (64,366 | ) |  | (39,937 | )
Other | (99 | ) |  | 1,695 |  |  | 480 |
Net Cash Provided by Operating Activities | 54,971 |  |  | 42,663 |  |  | 33,511 |
INVESTING ACTIVITIES |  |  |  |  |
Net investments in subsidiaries | 176 |  |  | — |  |  | — |
Acquisitions | (10 | ) |  | — |  |  | — |
Net Cash Used in Investing Activities | 166 |  |  | — |  |  | — |
FINANCING ACTIVITIES |  |  |  |  |
Sale of treasury shares, net | (915 | ) |  | (657 | ) |  | (689 | )
Purchase of treasury shares | (18,222 | ) |  | (12,256 | ) |  | — |
Cash dividends paid to common shareholders | (37,360 | ) |  | (34,539 | ) |  | (28,569 | )
Payment to repurchase of warrant | — |  |  | (7,652 | ) |  | — |
Net Cash Used in Financing Activities | (56,497 | ) |  | (55,104 | ) |  | (29,258 | )
Net (decrease) increase in cash | (1,360 | ) |  | (12,441 | ) |  | 4,253 |
Cash at beginning of year | 8,869 |  |  | 21,310 |  |  | 17,057 |
Cash at End of Year | $ | 7,509 |  |  | $ | 8,869 |  |  | $ | 21,310 |

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