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Parent Company Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Balance Sheets of S&T Bancorp, Inc. | BALANCE SHEETS
| December 31,
(dollars in thousands) | 2021 |  | 2020
ASSETS |  |  |
Cash | $ | 10,769 |  |  | $ | 6,585 |
Investments in: |  |  |
Bank subsidiary | 1,209,796 |  |  | 1,168,831 |
Non-bank subsidiaries | 5,684 |  |  | 10,493 |
Other assets | 9,993 |  |  | 8,614 |
Total Assets | $ | 1,236,242 |  |  | $ | 1,194,523 |
LIABILITIES |  |  |
Long-term debt | $ | 29,521 |  |  | $ | 39,317 |
Other liabilities | 267 |  |  | 495 |
Total Liabilities | 29,788 |  |  | 39,812 |
Total Shareholders’ Equity | 1,206,454 |  |  | 1,154,711 |
Total Liabilities and Shareholders’ Equity | $ | 1,236,242 |  |  | $ | 1,194,523 |
Statements of Net Income of S&T Bancorp, Inc. | STATEMENTS OF NET INCOME
| Years ended December 31,
(dollars in thousands) | 2021 |  | 2020 |  | 2019
Dividends from subsidiaries | $ | 62,333 |  |  | $ | 59,315 |  |  | $ | 59,490 |
Investment income | — |  |  | — |  |  | 1 |
Total Income | 62,333 |  |  | 59,315 |  |  | 59,491 |
Interest expense on long-term debt | 313 |  |  | 1,696 |  |  | 1,285 |
Other expenses | 5,034 |  |  | 4,464 |  |  | 4,325 |
Total Expense | 5,347 |  |  | 6,160 |  |  | 5,610 |
Income before income tax and undistributed net income of subsidiaries | 56,986 |  |  | 53,155 |  |  | 53,881 |
Income tax benefit | (1,140) |  |  | (1,315) |  |  | (1,189) |
Income before undistributed net income of subsidiaries | 58,126 |  |  | 54,470 |  |  | 55,070 |
Equity in undistributed net income (distribution in excess of net income) of: |  |  |  |  |
Bank subsidiary | 57,025 |  |  | (27,529) |  |  | 42,683 |
Non-bank subsidiaries | (4,808) |  |  | (5,901) |  |  | 481 |
Net Income | $ | 110,343 |  |  | $ | 21,040 |  |  | $ | 98,234 |
Statements of Cash Flows of S&T Bancorp, Inc. | STATEMENTS OF CASH FLOWS
| Years ended December 31,
(dollars in thousands) | 2021 |  | 2020 |  | 2019
OPERATING ACTIVITIES |  |  |  |  |
Net Income | $ | 110,343 |  |  | $ | 21,040 |  |  | $ | 98,234 |
Equity in undistributed (earnings) losses of subsidiaries | (52,217) |  |  | 33,430 |  |  | (43,164) |
Other | 761 |  |  | 1,708 |  |  | (99) |
Net Cash Provided by Operating Activities | 58,887 |  |  | 56,178 |  |  | 54,971 |
INVESTING ACTIVITIES |  |  |  |  |
Net investments in subsidiaries | — |  |  | — |  |  | 176 |
Acquisitions | — |  |  | — |  |  | (10) |
Net Cash Provided by Investing Activities | — |  |  | — |  |  | 166 |
FINANCING ACTIVITIES |  |  |  |  |
Repayment of long term debt | (9,750) |  |  | — |  |  | — |
Sale of treasury shares, net | (629) |  |  | (594) |  |  | (915) |
Purchase of treasury shares | — |  |  | (12,559) |  |  | (18,222) |
Cash dividends paid to common shareholders | (44,324) |  |  | (43,949) |  |  | (37,360) |
Payment to repurchase of warrant | — |  |  | — |  |  | — |
Net Cash Used in Financing Activities | (54,703) |  |  | (57,102) |  |  | (56,497) |
Net decrease in cash | 4,184 |  |  | (924) |  |  | (1,360) |
Cash at beginning of year | 6,585 |  |  | 7,509 |  |  | 8,869 |
Cash at End of Year | $ | 10,769 |  |  | $ | 6,585 |  |  | $ | 7,509 |

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