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Loans and Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
Schedule of Composition of Loans
The following table summarizes the composition of originated and acquired loans as of the dates presented:
(dollars in thousands)December 31, 2024December 31, 2023
Commercial real estate$2,708,531 $2,659,135 
Commercial and industrial1,351,637 1,436,183 
Commercial construction341,266 350,583 
Business banking1,303,258 1,360,765 
Consumer real estate1,933,509 1,731,778 
Other consumer104,757 114,897 
Total Portfolio Loans$7,742,958 $7,653,341 
Loans held for sale— 153 
Total Loans(1)
$7,742,958 $7,653,494 
(1) Excludes interest receivable of $32.7 million at December 31, 2024 and $35.3 million at December 31, 2023. Interest receivable is included in other assets in the Consolidated Balance Sheets.
Summary of Restructured Loans for Periods Presented
The following tables present the amortized cost of loans to borrowers experiencing financial difficulty by portfolio segment and type of modification during the periods presented:
The following tables describe the effect of loan modifications made to borrowers experiencing financial difficulty during the periods presented:
Twelve Months Ended December 31, 2024
Weighted-Average Term Extension (in months)Weighted-Average Payment Delays
(in months)		Weighted-Average Term Extension (in months) and Payment Delays
Commercial real estate1—22
Commercial and industrial106—
Consumer real estate101——
Twelve Months Ended December 31, 2023
Weighted-Average Term Extension (in months)Weighted-Average Interest Rate Reduction
Commercial real estate4—
Commercial and industrial5—
Business banking19—
Consumer real estate1682%
The following table is a summary of nonperforming assets as of the dates presented:
Nonperforming Assets
(dollars in thousands)December 31, 2024December 31, 2023
Nonperforming Assets
Nonaccrual Loans$27,937 $22,947 
OREO8 75 
Total Nonperforming Assets$27,945 $23,022 
Summary of Aging Analysis of Modifications The following tables present the aging analysis of modifications in the last 12 months to borrowers experiencing financial difficulty as of the dates presented:
December 31, 2024
(dollars in thousands)Current30-59 Days Past Due60-89 Days Past Due90+ Days Past DueTotal
Commercial real estate$3,689 $— $— $— $3,689 
Commercial and industrial14,226 7,475 — — 21,701 
Consumer real estate347 — 40 106 493 
Total$18,262 $7,475 $40 $106 $25,883 
December 31, 2023
(dollars in thousands)Current30-59 Days Past Due60-89 Days Past Due90+ Days Past DueTotal
Commercial real estate$13,836 $— $— $— $13,836 
Commercial and industrial16,468 — — 409 16,877 
Business banking120 — — — 120 
Consumer real estate250 — — — 250 
Total$30,674 $— $— $409 $31,083 
Summary of Nonperforming Assets
The following table is a summary of nonperforming assets as of the dates presented:
Nonperforming Assets
(dollars in thousands)December 31, 2024December 31, 2023
Nonperforming Assets
Nonaccrual Loans$27,937 $22,947 
OREO8 75 
Total Nonperforming Assets$27,945 $23,022 
The following tables present loans on nonaccrual status by class of loan for the year-to-date periods presented:
December 31, 2024
(dollars in thousands)Beginning of Period NonaccrualEnd of Period NonaccrualNonaccrual With No Related Allowance
Interest Income
Recognized
on Nonaccrual(1)
Commercial real estate$6,320 $3,228 $984 $116 
Commercial and industrial878 11,173 311 85 
Commercial construction4,960 — — 700 
Business banking4,147 2,988 — 93 
Consumer real estate6,312 10,318 — 392 
Other consumer330 230 — 3 
Total$22,947 $27,937 $1,295 $1,389 
(1) Represents only cash payments received and applied to interest on nonaccrual loans.
December 31, 2023
(dollars in thousands)Beginning of Period NonaccrualEnd of Period NonaccrualNonaccrual With No Related Allowance
Interest Income
Recognized
on Nonaccrual(1)
Commercial real estate$7,100 $6,320 $5,940 $46 
Commercial and industrial283 878 — 38 
Commercial construction384 4,960 4,576 — 
Business banking4,490 4,147 — 209 
Consumer real estate6,526 6,312 — 308 
Other consumer269 330 — 2 
Total$19,052 $22,947 $10,516 $603 
(1) Represents only cash payments received and applied to interest on nonaccrual loans.
Schedule of Loans Credit Quality Indicators
The following tables present loan balances by year of origination and internally assigned risk rating for our portfolio segments as of the dates presented:
December 31, 2024
Risk Rating
(dollars in thousands)202420232022202120202019 and PriorRevolvingRevolving-TermTotal
Commercial Real Estate
Pass$278,187 $287,081 $362,174 $413,781 $213,384 $1,040,703 $35,737 $— $2,631,047 
Special mention— 2,000 370 1,840 — 46,104 254 — 50,568 
Substandard— — 985 — 1,834 23,683 — — 26,502 
Doubtful— — — — 414 — — — 414 
Total Commercial Real Estate278,187 289,081 363,529 415,621 215,632 1,110,490 35,991 — 2,708,531 
Year-to-date Gross Charge-offs— — — — — 5,205 — — 5,205 
Commercial and Industrial
Pass119,580 147,007 194,363 131,877 30,093 175,359 466,640 — 1,264,919 
Special mention— 20 1,221 142 10 14,896 11,033 — 27,322 
Substandard563 1,073 172 20,586 740 7,171 25,355 — 55,660 
Doubtful— — — 366 469 — 2,901 — 3,736 
Total Commercial and Industrial120,143 148,100 195,756 152,971 31,312 197,426 505,929 — 1,351,637 
Year-to-date Gross Charge-offs— 78 — 1,235 — 91 1,032 — 2,436 
Commercial Construction
Pass119,355 121,816 57,853 14,911 884 2,139 8,310 — 325,268 
Special mention— — 15,998 — — — — — 15,998 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total Commercial Construction119,355 121,816 73,851 14,911 884 2,139 8,310 — 341,266 
Year-to-date Gross Charge-offs— — — — — — — — — 
Business Banking
Pass149,603 230,784 225,318 173,763 76,087 332,707 92,756 597 1,281,615 
Special mention— — 49 130 147 4,302 35 268 4,931 
Substandard21 2,257 1,287 3,790 409 8,318 190 440 16,712 
Doubtful— — — — — — — — — 
Total Business Banking149,624 233,041 226,654 177,683 76,643 345,327 92,981 1,305 1,303,258 
Year-to-date Gross Charge-offs— 79 124 — 56 1,486 — — 1,745 
Consumer Real Estate
Pass217,250 334,532 324,346 133,155 95,301 223,799 569,386 24,940 1,922,709 
Special mention— — — — — 99 — — 99 
Substandard— 1,231 43 192 203 5,564 1,172 2,296 10,701 
Doubtful— — — — — — — — — 
Total Consumer Real Estate217,250 335,763 324,389 133,347 95,504 229,462 570,558 27,236 1,933,509 
Year-to-date Gross Charge-offs— — — — 9 37 86 1,216 1,348 
Other Consumer
Pass8,456 6,849 7,349 3,228 1,758 468 71,039 5,425 104,572 
Special mention— — — — — — — 
Substandard— — — 21 10 150 — 4 185 
Doubtful— — — — — — — — — 
Total Other Consumer8,456 6,849 7,349 3,249 1,768 618 71,039 5,429 104,757 
Year-to-date Gross Charge-offs839 34 164 103 26 18 — 270 1,454 
Pass892,431 1,128,069 1,171,403 870,715 417,507 1,775,175 1,243,868 30,962 7,530,130 
Special mention— 2,020 17,638 2,112 157 65,401 11,322 268 98,918 
Substandard584 4,561 2,487 24,589 3,196 44,886 26,717 2,740 109,760 
Doubtful— — — 366 883 — 2,901 — 4,150 
Total Loan Balance$893,015 $1,134,650 $1,191,528 $897,782 $421,743 $1,885,462 $1,284,808 $33,970 $7,742,958 
Year-to-date Gross Charge-offs$839 $191 $288 $1,338 $91 $6,837 $1,118 $1,486 $12,188 
December 31, 2023
Risk Rating
(dollars in thousands)202320222021202020192018 and PriorRevolvingRevolving-TermTotal
Commercial Real Estate
Pass$276,677 $323,463 $433,308 $237,901 $383,799 $781,465 $32,418 $— $2,469,031 
Special mention— 1,006 6,000 — 24,887 75,428 — — 107,321 
Substandard— — — 2,355 10,685 69,743 — — 82,783 
Doubtful— — — — — — — — — 
Total Commercial Real Estate276,677 324,469 439,308 240,256 419,371 926,636 32,418 — 2,659,135 
Year-to-date Gross Charge-offs— — — — — 1,706 — — 1,706 
Commercial and Industrial
Pass171,672 231,114 185,884 53,101 47,063 183,165 482,490 — 1,354,489 
Special mention189 620 10,242 — — 8,848 4,126 — 24,025 
Substandard— 244 14,510 1,595 5,795 1,892 33,633 — 57,669 
Doubtful— — — — — — — — — 
Total Commercial and Industrial171,861 231,978 210,636 54,696 52,858 193,905 520,249 — 1,436,183 
Year-to-date Gross Charge-offs— — — — 3,412 15,842 — — 19,254 
Commercial Construction
Pass75,596 154,456 82,313 14,845 151 4,054 14,208 — 345,623 
Special mention— — — — — — — — — 
Substandard— — — — 4,576 384 — — 4,960 
Doubtful— — — — — — — — — 
Total Commercial Construction75,596 154,456 82,313 14,845 4,727 4,438 14,208 — 350,583 
Year-to-date Gross Charge-offs— — — — 451 — — — 451 
Business Banking
Pass270,129 262,535 204,874 87,346 96,371 321,360 96,618 523 1,339,756 
Special mention— 55 251 224 33 3,508 37 172 4,280 
Substandard— 16 2,486 448 3,170 9,898 99 612 16,729 
Doubtful— — — — — — — — — 
Total Business Banking270,129 262,606 207,611 88,018 99,574 334,766 96,754 1,307 1,360,765 
Year-to-date Gross Charge-offs— 67 43 1 88 1,073 34 — 1,306 
Consumer Real Estate
Pass311,887 334,879 147,652 101,999 67,402 183,283 551,368 22,206 1,720,676 
Special mention— — — — — 189 — — 189 
Substandard— 583 198 42 488 6,322 712 2,568 10,913 
Doubtful— — — — — — — — — 
Total Consumer Real Estate311,887 335,462 147,850 102,041 67,890 189,794 552,080 24,774 1,731,778 
Year-to-date Gross Charge-offs— 1 — 5 1 43 75 296 421 
Other Consumer
Pass11,286 11,965 6,483 3,842 1,062 526 76,426 3,109 114,699 
Special mention— — — — — — — — — 
Substandard— — 24 5 20 146 — 3 198 
Doubtful— — — — — — — — — 
Total Other Consumer11,286 11,965 6,507 3,847 1,082 672 76,426 3,112 114,897 
Year-to-date Gross Charge-offs830 146 175 19 37 5 — 288 1,500 
Pass1,117,247 1,318,412 1,060,514 499,034 595,848 1,473,853 1,253,528 25,838 7,344,274 
Special Mention189 1,681 16,493 224 24,920 87,973 4,163 172 135,815 
Substandard— 843 17,218 4,445 24,734 88,385 34,444 3,183 173,252 
Doubtful— — — — — — — — — 
Total Loan Balance$1,117,436 $1,320,936 $1,094,225 $503,703 $645,502 $1,650,211 $1,292,135 $29,193 $7,653,341 
Year-to-date Gross Charge-offs$830 $214 $218 $25 $3,989 $18,669 $109 $584 $24,638 
The following tables present loan balances by year of origination and accrual and nonaccrual status for our portfolio segments as of the dates presented:
December 31, 2024
(dollars in thousands)202420232022202120202019 and PriorRevolvingRevolving-TermTotal
Commercial Real Estate
Accrual$278,187 $289,081 $362,544 $415,621 $214,589 $1,109,290 $35,991 $— $2,705,303 
Nonaccrual— — 985 — 1,043 1,200 — — 3,228 
Total Commercial Real Estate278,187 289,081 363,529 415,621 215,632 1,110,490 35,991 — 2,708,531 
Commercial and Industrial
Accrual120,143 148,070 195,584 151,976 30,103 197,426 497,162 — 1,340,464 
Nonaccrual— 30 172 995 1,209 — 8,767 — 11,173 
Total Commercial and Industrial120,143 148,100 195,756 152,971 31,312 197,426 505,929 — 1,351,637 
Commercial Construction
Accrual119,355 121,816 73,851 14,911 884 2,139 8,310 — 341,266 
Nonaccrual— — — — — — — — — 
Total Commercial Construction119,355 121,816 73,851 14,911 884 2,139 8,310 — 341,266 
Business Banking
Accrual149,624 232,649 226,654 177,683 76,344 343,064 92,981 1,271 1,300,270 
Nonaccrual— 392 — — 299 2,263 — 34 2,988 
Total Business Banking149,624 233,041 226,654 177,683 76,643 345,327 92,981 1,305 1,303,258 
Consumer Real Estate
Accrual217,250 333,279 324,389 133,224 94,971 225,225 569,423 25,430 1,923,191 
Nonaccrual— 2,484 — 123 533 4,237 1,135 1,806 10,318 
Total Consumer Real Estate217,250 335,763 324,389 133,347 95,504 229,462 570,558 27,236 1,933,509 
Other Consumer
Accrual8,456 6,849 7,349 3,246 1,683 476 71,039 5,429 104,527 
Nonaccrual— — — 3 85 142 — — 230 
Total Other Consumer8,456 6,849 7,349 3,249 1,768 618 71,039 5,429 104,757 
Accrual893,015 1,131,744 1,190,371 896,661 418,574 1,877,620 1,274,906 32,130 7,715,021 
Nonaccrual— 2,906 1,157 1,121 3,169 7,842 9,902 1,840 27,937 
Total Loan Balance$893,015 $1,134,650 $1,191,528 $897,782 $421,743 $1,885,462 $1,284,808 $33,970 $7,742,958 

December 31, 2023
(dollars in thousands)202320222021202020192018 and PriorRevolvingRevolving-TermTotal
Commercial Real Estate
Accrual$276,677 $324,469 $439,308 $240,256 $419,371 $920,316 $32,418 $— $2,652,815 
Nonaccrual— — — — — 6,320 — — 6,320 
Total Commercial Real Estate276,677 324,469 439,308 240,256 419,371 926,636 32,418 — 2,659,135 
Commercial and Industrial
Accrual171,861 231,978 210,636 54,696 52,858 193,257 520,019 — 1,435,305 
Nonaccrual— — — — — 648 230 — 878 
Total Commercial and Industrial171,861 231,978 210,636 54,696 52,858 193,905 520,249 — 1,436,183 
Commercial Construction
Accrual75,596 154,456 82,313 14,845 151 4,054 14,208 — 345,623 
Nonaccrual— — — — 4,576 384 — — 4,960 
Total Commercial Construction75,596 154,456 82,313 14,845 4,727 4,438 14,208 — 350,583 
Business Banking
Accrual270,129 262,606 207,611 87,979 99,354 330,902 96,754 1,283 1,356,618 
Nonaccrual— — — 39 220 3,864 — 24 4,147 
Total Business Banking270,129 262,606 207,611 88,018 99,574 334,766 96,754 1,307 1,360,765 
Consumer Real Estate
Accrual311,887 335,086 147,689 101,518 67,577 186,909 551,858 22,942 1,725,466 
Nonaccrual— 376 161 523 313 2,885 222 1,832 6,312 
Total Consumer Real Estate311,887 335,462 147,850 102,041 67,890 189,794 552,080 24,774 1,731,778 
Other Consumer
Accrual11,286 11,965 6,499 3,656 1,082 541 76,426 3,112 114,567 
Nonaccrual— — 8 191 — 131 — — 330 
Total Other Consumer11,286 11,965 6,507 3,847 1,082 672 76,426 3,112 114,897 
Accrual1,117,436 1,320,560 1,094,056 502,950 640,393 1,635,979 1,291,683 27,337 7,630,394 
Nonaccrual— 376 169 753 5,109 14,232 452 1,856 22,947 
Total Loan Balance$1,117,436 $1,320,936 $1,094,225 $503,703 $645,502 $1,650,211 $1,292,135 $29,193 $7,653,341 
The following tables present collateral-dependent loans as of the dates presented:
December 31, 2024
Type of Collateral
(dollars in thousands)Real EstateBusiness
Assets
Commercial real estate$2,028$—
Commercial and industrial—9,937
Total$2,028$9,937
December 31, 2023
Type of Collateral
(dollars in thousands)Real EstateBusiness
Assets
Commercial real estate$5,940$—
Commercial construction4,576—
Total$10,516$—
Schedule of Age Analysis of Past Due Loans Segregated by Class of Loans
The following tables present the age analysis of past due loans segregated by class of loans as of the dates presented:
December 31, 2024
(dollars in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		NonaccrualTotal Past
Due Loans		Total Loans
Commercial real estate$2,705,303 $— $— $3,228 $3,228 $2,708,531 
Commercial and industrial1,338,053 415 1,996 11,173 13,584 1,351,637 
Commercial construction340,230 — 1,036 — 1,036 341,266 
Business banking1,297,651 2,336 283 2,988 5,607 1,303,258 
Consumer real estate1,918,150 2,464 2,577 10,318 15,359 1,933,509 
Other consumer104,156 216 155 230 601 104,757 
Total$7,703,543 $5,431 $6,047 $27,937 $39,415 $7,742,958 
December 31, 2023
(dollars in thousands)Current30-59 Days
Past Due		60-89 Days
Past Due		NonaccrualTotal Past
Due Loans		Total Loans
Commercial real estate$2,649,412 $— $3,403 $6,320 $9,723 $2,659,135 
Commercial and industrial1,435,301 4 — 878 882 1,436,183 
Commercial construction345,623 — — 4,960 4,960 350,583 
Business banking1,351,048 3,525 2,045 4,147 9,717 1,360,765 
Consumer real estate1,719,751 3,352 2,363 6,312 12,027 1,731,778 
Other consumer114,138 366 63 330 759 114,897 
Total$7,615,273 $7,247 $7,874 $22,947 $38,068 $7,653,341 
Schedule of Allowance for Credit Loss
The following tables present activity in the ACL for the periods presented:
Twelve Months Ended December 31, 2024
(dollars in thousands)Commercial
Real Estate		Commercial and
Industrial		Commercial
Construction		Business BankingConsumer
Real Estate		Other
Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period$37,886 $34,538 $5,382 $12,858 $14,663 $2,639 $107,966 
Provision for credit losses on loans(1)
(4,295)3,939 (489)(627)2,184 1,097 1,809 
Charge-offs(5,205)(2,436)— (1,745)(1,348)(1,454)(12,188)
Recoveries1,868 1,043 — 195 277 524 3,907 
Net (Charge-offs)/ Recoveries(3,337)(1,393)— (1,550)(1,071)(930)(8,281)
Balance at End of Period$30,254 $37,084 $4,893 $10,681 $15,776 $2,806 $101,494 
(1) Excludes the provision for credits losses for unfunded commitments.
Twelve Months Ended December 31, 2023
(dollars in thousands)Commercial
Real Estate		Commercial and
Industrial		Commercial
Construction		Business BankingConsumer
Real Estate		Other
Consumer		Total Loans
Allowance for credit losses on loans:
Balance at beginning of period$41,428 $25,710 $6,264 $12,547 $12,105 $3,286 $101,340 
Impact of ASU 2022-02— 75 215 251 278 (251)568 
Provision for credit losses on loans(1)
(2,803)18,366 (648)1,088 2,493 744 19,240 
Charge-offs(1,706)(19,254)(451)(1,306)(421)(1,500)(24,638)
Recoveries967 9,641 2 278 208 360 11,456 
Net (Charge-offs)/ Recoveries(739)(9,613)(449)(1,028)(213)(1,140)(13,182)
Balance at End of Period$37,886 $34,538 $5,382 $12,858 $14,663 $2,639 $107,966 
(1) Excludes the provision for credits losses for unfunded commitments.
Schedule of Loans and Leases Receivable Related Parties
The following table presents a summary of the aggregate amount of loans to certain officers and directors of S&T or any affiliates of such persons as of the dates presented:
December 31,
(dollars in thousands)20242023
Balance at beginning of year$4,183 $4,128 
New loans1,484 936 
Repayments or no longer considered a related party(2,107)(881)
Balance at End of Year$3,560 $4,183