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Loans and Loans Held for Sale
 12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
LOANS AND LOANS HELD FOR SALE LOANS AND LOANS HELD FOR SALELoans are presented net of unearned income. Unearned income consists of net deferred loan fees and costs of $7.5 million at December 31, 2022 and $14.1 million at December 31, 2021 and a discount related to purchase accounting fair value adjustments of $4.7 million at December 31, 2022 and $6.7 million at December 31, 2021.
The following table summarizes the composition of originated and acquired loans as of the dates presented:
(dollars in thousands)December 31, 2022December 31, 2021
Commercial real estate$2,538,839 $2,690,528 
Commercial and industrial1,510,392 1,513,523 
Commercial construction381,963 424,755 
Business banking1,205,944 1,135,693 
Consumer real estate1,421,953 1,127,585 
Other consumer124,878 107,906 
Total Portfolio loans$7,183,969 $6,999,990 
Loans held for sale16 1,522 
Total Loans (1)
$7,183,985 $7,001,512 
(1) Excludes interest receivable of $28.3 million at December 31, 2022 and $18.7 million at December 31, 2021. Interest receivable is included in other assets in the Consolidated Balance Sheets.
C&I, included $4.0 million of loans originated under the Paycheck Protection Program, or PPP, at December 31, 2022 compared to $88.3 million at December 31, 2021. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security, or CARES Act was signed into law. The CARES Act included the PPP, a program designed to aid small and medium sized businesses through federally guaranteed loans distributed through banks. PPP loans are forgivable, in whole or in part, if the proceeds are used for payroll and other permitted expenses in accordance with the requirements of the PPP. The loans are 100 percent guaranteed by the Small Business Administration, or SBA. These loans carry a fixed rate of 1.00 percent and a term of two years, or five years for loans approved by the SBA, on or after June 5, 2020. Payments are deferred for at least six months of the loan. The SBA pays us a processing fee ranging from 1 percent to 5 percent based on the size of the loan. Interest is accrued as earned and loan origination fees and direct costs are deferred and accreted or amortized into interest income over the life of the loan using the level yield method. When a PPP loan is paid off or forgiven by the SBA, the remaining unaccreted or unamortized net origination fees or costs will be immediately recognized into income.
Business banking consists of commercial loans made to small businesses that are standard, non-complex products evaluated through a streamlined credit approval process that has been designed to maximize efficiency while maintaining high credit quality standards that meet small business market customers’ needs.
The following table summarizes our TDRs as of the dates presented:
December 31, 2022December 31, 2021
(dollars in thousands)Accruing
TDRs		Nonaccruing
TDRs		Total
TDRs		Accruing
TDRs		Nonaccruing
TDRs		Total
TDRs
Commercial real estate$— $— $— $— $1,697 $1,697 
Commercial and industrial626 — 626 748 14,889 15,637 
Commercial construction1,655 — 1,655 2,190 2,087 4,277 
Business banking438 1,087 1,525 858 1,696 2,554 
Consumer real estate6,168 1,798 7,966 6,122 1,405 7,527 
Other consumer4 9 13 3 — 3 
Total$8,891 $2,894 $11,785 $9,921 $21,774 $31,695 
There was one $0.2 million TDR returned to accruing status during 2022 compared to no TDRs returned to accruing status during 2021.
The following tables present the TDRs by portfolio segment and by type of concession for the years ended:
December 31, 2022
Number
of
Contracts		Type of Modification
Total
Post-Modification Outstanding Recorded Investment(2)
Total
Pre-Modification Outstanding Recorded Investment(2)
(dollars in thousands)
Bankruptcy(1)
OtherExtend
Maturity		Modify
Rate		Modify
Payments
Commercial real estate— $— $— $— $— $— $— $— 
Commercial industrial— — — — — — — — 
Commercial construction— — — — — — — — 
Business banking2 — 154 — — — 154 203 
Consumer real estate23 1,436 — 610 — — 2,046 2,558 
Other consumer2 11 — — — — 11 15 
Total27 $1,447 $154 $610 $— $— $2,211 $2,776 
(1) Bankruptcy is consumer bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.
(2) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.

December 31, 2021
Number
of
Contracts		Type of Modification
Total
Post-Modification Outstanding Recorded Investment(2)
Total
Pre-Modification Outstanding Recorded Investment(2)
(dollars in thousands)
Bankruptcy(1)
OtherExtend
Maturity		Modify
Rate		Modify
Payments
Commercial real estate1 $— $— $— $— $1,300 $1,300 $1,824 
Commercial industrial3 — — 2,039 — 9,182 11,221 21,297 
Commercial construction1 — — 2,087 — — 2,087 5,279 
Business banking9 8 — 558 — 1,155 1,721 1,792 
Consumer real estate26 1,099 — — — 147 1,246 1,280 
Other consumer— — — — — — — — 
Total40 $1,107 $— $4,684 $— $11,784 $17,575 $31,472 
(1) Bankruptcy is consumer bankruptcy loans where the debt has been legally discharged through the bankruptcy court and not reaffirmed.
(2) Excludes loans that were fully paid off or fully charged-off by period end. The pre-modification balance represents the balance outstanding prior to modification. The post-modification balance represents the outstanding balance at period end.

In response to the coronavirus, or COVID-19 pandemic, and its economic impact on our customers, we implemented a short-term modification program that complied with the CARES Act to provide temporary payment relief to those borrowers directly impacted by the COVID-19 pandemic who were not more than 30 days past due as of December 31, 2019. This program allowed for a deferral of payments for 90 days and up to a maximum of 180 days for our commercial customers. The customer remained responsible for deferred payments along with any additional interest accrued during the deferral period. For our consumer customers, interest did not accrue during the deferral period and the maturity date was extended by the length of the deferral period. Under the applicable guidance none of these loans were considered restructured. The program ended January 1, 2022 and we had no loans modified at December 31, 2022, compared to eight loans that were modified totaling $28.8 million at December 31, 2021.
As of December 31, 2022, we had 16 commitments to lend an additional $0.4 million on TDRs compared to 12 commitments to lend an additional $2.6 million at December 31, 2021.
Defaulted TDRs are defined as loans having a payment default of 90 days or more after the restructuring takes place that were restructured within the last 12 months prior to defaulting. There were no TDRs that defaulted during 2022 or 2021.
The following table is a summary of nonperforming assets as of the dates presented:
December 31,
(dollars in thousands)20222021
Nonperforming Assets
Nonaccrual loans$16,158 $44,517 
Nonaccrual TDRs2,894 21,774 
Total Nonaccrual loans19,052 66,291 
OREO3,065 13,313 
Total Nonperforming Assets$22,117 $79,604 

The following table presents a summary of the aggregate amount of loans to certain officers, directors of S&T or any affiliates of such persons as of the dates presented:
December 31,
(dollars in thousands)20222021
Balance at beginning of year$6,157 $6,329 
New loans1,085 1,826 
Repayments or no longer considered a related party(3,114)(1,998)
Balance at end of year$4,128 $6,157