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Parent Company Condensed Financial Information
 12 Months Ended
Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Parent Company Condensed Financial Information
PARENT COMPANY CONDENSED FINANCIAL INFORMATION
The following condensed financial statements summarize the financial position of S&T Bancorp, Inc. as of December 31, 2015 and 2014 and the results of its operations and cash flows for each of the three years ended December 31, 2015, 2014 and 2013.
BALANCE SHEETS
 
December 31,
(dollars in thousands)
2015

 
2014

ASSETS
 
 
 
Cash
$
12,595

 
$
38,028

Investments in:
 
 
 
Bank subsidiary
777,795

 
565,927

Nonbank subsidiaries
20,624

 
20,569

Other assets
2,530

 
5,567

Total Assets
$
813,544

 
$
630,091

LIABILITIES
 
 
 
Long-term debt
$
20,619

 
$
20,619

Other liabilities
688

 
1,083

Total Liabilities
21,307

 
21,702

Total Shareholders’ Equity
792,237

 
608,389

Total Liabilities and Shareholders’ Equity
$
813,544

 
$
630,091


STATEMENTS OF NET INCOME
 
Years ended December 31,
(dollars in thousands)
2015

2014

2013

Dividends from subsidiaries
$
75,413

$
46,414

$
24,087

Investment income
19

19

15

Interest expense on long-term debt
773

759

769

Other expenses
2,138

2,014

2,579

Income before Equity in Undistributed Net Income of Subsidiaries
72,521

43,660

20,754

Equity in undistributed net income (distribution in excess of net income) of:
 
 
 
Bank subsidiary
(5,064
)
13,351

29,926

Nonbank subsidiaries
(376
)
899

(141
)
Net Income
$
67,081

$
57,910

$
50,539


STATEMENTS OF CASH FLOWS
 
Years ended December 31,
(dollars in thousands)
2015

2014

2013

OPERATING ACTIVITIES
 
 
 
Net Income
$
67,081

$
57,910

$
50,539

Equity in undistributed (earnings) losses of subsidiaries
5,440

(14,250
)
(29,785
)
Tax benefit from stock-based compensation
(53
)
(16
)
(96
)
Other
3,059

(106
)
121

Net Cash Provided by Operating Activities
75,527

43,538

20,779

INVESTING ACTIVITIES
 
 
 
Net investments in subsidiaries
(38,404
)
—

—

Acquisitions
(29,510
)
—

—

Net Cash Used in Investing Activities
(67,914
)
—

—

FINANCING ACTIVITIES
 
 
 
Repayment of junior subordinated debt
(8,500
)
—

—

(Purchase) Sale of treasury shares, net
(112
)
(163
)
(88
)
Cash dividends paid to common shareholders
(24,487
)
(20,215
)
(18,137
)
Tax benefit from stock-based compensation
53

16

96

Net Cash Used in Financing Activities
(33,046
)
(20,362
)
(18,129
)
Net increase (decrease) in cash
(25,433
)
23,176

2,650

Cash at beginning of year
38,028

14,852

12,202

Cash at End of Year
$
12,595

$
38,028

$
14,852