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Parent Company Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract] |
Balance Sheets of S&T Bancorp, Inc. | BALANCE SHEETS
| December 31,
(dollars in thousands) | 2020 |  | 2019
ASSETS |  |  |
Cash | $ | 6,585 |  |  | $ | 7,509 |
Investments in: |  |  |
Bank subsidiary | 1,168,831 |  |  | 1,198,964 |
Non-bank subsidiaries | 10,493 |  |  | 16,393 |
Other assets | 8,614 |  |  | 9,741 |
Total Assets | $ | 1,194,523 |  |  | $ | 1,232,607 |
LIABILITIES |  |  |
Long-term debt | $ | 39,317 |  |  | $ | 39,277 |
Other liabilities | 495 |  |  | 1,332 |
Total Liabilities | 39,812 |  |  | 40,609 |
Total Shareholders’ Equity | 1,154,711 |  |  | 1,191,998 |
Total Liabilities and Shareholders’ Equity | $ | 1,194,523 |  |  | $ | 1,232,607 |
Statements of Net Income of S&T Bancorp, Inc. | STATEMENTS OF NET INCOME
| Years ended December 31,
(dollars in thousands) | 2020 |  | 2019 |  | 2018
Dividends from subsidiaries | $ | 59,315 |  |  | $ | 59,490 |  |  | $ | 44,988 |
Investment income | — |  |  | 1 |  |  | 24 |
Total Income | 59,315 |  |  | 59,491 |  |  | 45,012 |
Interest expense on long-term debt | 1,696 |  |  | 1,285 |  |  | 1,149 |
Other expenses | 4,464 |  |  | 4,325 |  |  | 3,988 |
Total Expense | 6,160 |  |  | 5,610 |  |  | 5,137 |
Income before income tax and undistributed net income of subsidiaries | 53,155 |  |  | 53,881 |  |  | 39,875 |
Income tax benefit | (1,315) |  |  | (1,189) |  |  | (1,093) |
Income before undistributed net income of subsidiaries | 54,470 |  |  | 55,070 |  |  | 40,968 |
Equity in undistributed net income (distribution in excess of net income) of: |  |  |  |  |
Bank subsidiary | (27,529) |  |  | 42,683 |  |  | 68,385 |
Non-bank subsidiaries | (5,901) |  |  | 481 |  |  | (4,019) |
Net Income | $ | 21,040 |  |  | $ | 98,234 |  |  | $ | 105,334 |
Statements of Cash Flows of S&T Bancorp, Inc. | STATEMENTS OF CASH FLOWS
| Years ended December 31,
(dollars in thousands) | 2020 |  | 2019 |  | 2018
OPERATING ACTIVITIES |  |  |  |  |
Net Income | $ | 21,040 |  |  | $ | 98,234 |  |  | $ | 105,334 |
Equity in undistributed (earnings) losses of subsidiaries | 33,430 |  |  | (43,164) |  |  | (64,366) |
Other | 1,708 |  |  | (99) |  |  | 1,695 |
Net Cash Provided by Operating Activities | 56,178 |  |  | 54,971 |  |  | 42,663 |
INVESTING ACTIVITIES |  |  |  |  |
Net investments in subsidiaries | — |  |  | 176 |  |  | — |
Acquisitions | — |  |  | (10) |  |  | — |
Net Cash Provided by Investing Activities | — |  |  | 166 |  |  | — |
FINANCING ACTIVITIES |  |  |  |  |
Sale of treasury shares, net | (594) |  |  | (915) |  |  | (657) |
Purchase of treasury shares | (12,559) |  |  | (18,222) |  |  | (12,256) |
Cash dividends paid to common shareholders | (43,949) |  |  | (37,360) |  |  | (34,539) |
Payment to repurchase of warrant | — |  |  | — |  |  | (7,652) |
Net Cash Used in Financing Activities | (57,102) |  |  | (56,497) |  |  | (55,104) |
Net decrease in cash | (924) |  |  | (1,360) |  |  | (12,441) |
Cash at beginning of year | 7,509 |  |  | 8,869 |  |  | 21,310 |
Cash at End of Year | $ | 6,585 |  |  | $ | 7,509 |  |  | $ | 8,869 |

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