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Parent Company Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Balance Sheets of S&T Bancorp, Inc. | BALANCE SHEETS
| December 31,
(dollars in thousands) | 2024 |  | 2023
ASSETS |  |  |
Cash | $ | 39,304 |  |  | $ | 20,733 |
Investments in: |  |  |
Bank subsidiary | 1,352,177 |  |  | 1,268,441 |
Nonbank subsidiaries | 4,169 |  |  | 4,658 |
Other assets | 9,666 |  |  | 14,695 |
Total Assets | $ | 1,405,316 |  |  | $ | 1,308,527 |
LIABILITIES |  |  |
Long-term debt | $ | 24,515 |  |  | $ | 24,474 |
Other liabilities | 507 |  |  | 608 |
Total Liabilities | 25,022 |  |  | 25,082 |
Total Shareholders’ Equity | 1,380,294 |  |  | 1,283,445 |
Total Liabilities and Shareholders’ Equity | $ | 1,405,316 |  |  | $ | 1,308,527 |
Statements of Net Income of S&T Bancorp, Inc. | STATEMENTS OF NET INCOME
| Years ended December 31,
(dollars in thousands) | 2024 |  | 2023 |  | 2022
Dividends from subsidiaries | $ | 66,775 |  |  | $ | 86,950 |  |  | $ | 61,426 |
Total Income | 66,775 |  |  | 86,950 |  |  | 61,426 |
Interest expense on long-term debt | 2,180 |  |  | 2,372 |  |  | 1,545 |
Other expenses | 4,973 |  |  | 4,764 |  |  | 4,112 |
Total expense | 7,153 |  |  | 7,136 |  |  | 5,657 |
Income before income tax and undistributed net income of subsidiaries | 59,622 |  |  | 79,814 |  |  | 55,769 |
Income tax benefit | (1,309) |  |  | (1,478) |  |  | (1,208) |
Income before undistributed net income of subsidiaries | 60,931 |  |  | 81,292 |  |  | 56,977 |
Equity in undistributed net income (distribution in excess of net income) of: |  |  |  |  |
Bank subsidiary | 70,823 |  |  | 63,337 |  |  | 79,566 |
Nonbank subsidiaries | (489) |  |  | 152 |  |  | (1,023) |
Net Income | $ | 131,265 |  |  | $ | 144,781 |  |  | $ | 135,520 |
Statements of Cash Flows of S&T Bancorp, Inc. | STATEMENTS OF CASH FLOWS
| Years ended December 31,
(dollars in thousands) | 2024 |  | 2023 |  | 2022
OPERATING ACTIVITIES |  |  |  |  |
Net Income | $ | 131,265 |  |  | $ | 144,781 |  |  | $ | 135,520 |
Equity in undistributed (earnings) losses of subsidiaries | (70,334) |  |  | (63,489) |  |  | (78,543) |
Other | 9,484 |  |  | 1,402 |  |  | 1,468 |
Net Cash Provided by Operating Activities | 70,415 |  |  | 82,694 |  |  | 58,445 |
FINANCING ACTIVITIES |  |  |  |  |
Repayment of long term debt | — |  |  | (5,464) |  |  | — |
Repurchase of shares for taxes on restricted stock | (870) |  |  | (798) |  |  | (808) |
Repurchase of common stock | — |  |  | (19,808) |  |  | (7,637) |
Cash dividends paid to common shareholders | (50,974) |  |  | (49,708) |  |  | (46,952) |
Net Cash Used in Financing Activities | (51,844) |  |  | (75,778) |  |  | (55,397) |
Net increase (decrease) in cash | 18,571 |  |  | 6,916 |  |  | 3,048 |
Cash at beginning of year | 20,733 |  |  | 13,817 |  |  | 10,769 |
Cash at End of Year | $ | 39,304 |  |  | $ | 20,733 |  |  | $ | 13,817 |

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