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Business Combinations (Tables) | 3 Months Ended
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Mar. 31, 2020
Business Combinations [Abstract] |
Summary of Consideration, Assets Acquired and Liabilities Assumed | The following table presents the preliminary fair value adjustments and the measurement period adjustments as of the dates presented:
| November 30, 2019 |  | March 31, 2020
| As Recorded by DNB |  | Preliminary Fair Value Adjustments(1) |  | As Recorded by S&T |  | Measurement Period Adjustments |  | As Recorded by S&T
Fair Value of Assets Acquired |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 64,119 |  |  | $ | — |  |  | $ | 64,119 |  |  | $ | — |  |  | $ | 64,119 |
Securities and other investments | 108,715 |  |  | 183 |  |  | 108,898 |  |  | — |  |  | 108,898 |
Loans | 917,127 |  |  | (8,143 | ) |  | 908,984 |  |  | (2,496 | ) |  | 906,488 |
Allowance for credit losses | (6,487 | ) |  | 6,487 |  |  | — |  |  | — |  |  | — |
Goodwill | 15,525 |  |  | (15,525 | ) |  | — |  |  | — |  |  | — |
Premises and equipment | 6,782 |  |  | 8,090 |  |  | 14,872 |  |  | — |  |  | 14,872 |
Accrued interest receivable | 4,138 |  |  | — |  |  | 4,138 |  |  | — |  |  | 4,138 |
Deferred income taxes | 2,017 |  |  | (3,298 | ) |  | (1,281 | ) |  | 311 |  |  | (970 | )
Core deposits and other intangible assets | 269 |  |  | (269 | ) |  | — |  |  | — |  |  | — |
Other assets | 24,883 |  |  | (4,278 | ) |  | 20,605 |  |  | 40 |  |  | 20,645 |
Total Assets Acquired | 1,137,088 |  |  | (16,753 | ) |  | 1,120,335 |  |  | (2,145 | ) |  | 1,118,190 |
Fair Value of Liabilities Assumed |  |  |  |  |  |  |  |  |
Deposits | 966,263 |  |  | 1,002 |  |  | 967,265 |  |  | (12 | ) |  | 967,253 |
Borrowings | 37,617 |  |  | (276 | ) |  | 37,341 |  |  | (257 | ) |  | 37,084 |
Accrued interest payable and other liabilities | 11,157 |  |  | (3,184 | ) |  | 7,973 |  |  | (68 | ) |  | 7,905 |
Total Liabilities Assumed | 1,015,037 |  |  | (2,458 | ) |  | 1,012,579 |  |  | (337 | ) |  | 1,012,242 |
Total Net Assets Acquired | $ | 122,051 |  |  | $ | (14,295 | ) |  | $ | 107,756 |  |  | $ | (1,808 | ) |  | $ | 105,948 |
Core Deposit Intangible Asset |  |  |  |  | $ | 7,288 |  |  | $ | — |  |  | $ | 7,288 |
Wealth Management Intangible Asset |  |  |  |  | 1,772 |  |  | — |  |  | 1,772 |
Total Fair Value of Net Assets Acquired and Identified |  |  |  |  | $ | 116,816 |  |  | $ | (1,808 | ) |  | $ | 115,008 |
Consideration Paid |  |  |  |  |  |  |  |  |
Cash |  |  |  |  | $ | 360 |  |  | $ | — |  |  | $ | 360 |
Common stock |  |  |  |  | 200,631 |  |  | — |  |  | 200,631 |
Fair Value of Total Consideration |  |  |  |  | $ | 200,991 |  |  | $ | — |  |  | $ | 200,991 |
Goodwill |  |  |  |  | $ | 84,175 |  |  | $ | 1,808 |  |  | $ | 85,983 |
(1)Management is continuing to evaluate the purchase accounting fair value adjustments related to loans, including loan classification, deferred and current income taxes until the final valuations are complete and final tax returns are filed. Any changes in preliminary estimates will be adjusted in goodwill in subsequent periods, but not extending beyond one year from the date of acquisition.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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