S&T BANCORP INC STBA Income Statement

S&t bancorp inc (STBA)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
INTEREST AND DIVIDEND INCOME
Loans, including fees
309,284	300,625	294,715	288,266	280,148	269,811	261,703	255,522	249,470	243,315	235,076	226,582	218,043	212,301	206,707	202,329	199,243	188,012	176,235	163,890	151,571	147,293	145,445	143,945	143,096	142,492	142,670	143,058	143,889	145,181	146,455	148,437	150,809	154,121	159,438	163,997	0	0	0
Investment Securities:
Taxable
15,158	14,733	14,734	14,831	14,703	14,342	13,761	13,100	12,528	11,947	11,420	11,002	10,635	10,340	10,196	10,148	9,962	9,792	10,009	9,800	9,466	8,983	8,120	7,696	7,515	7,478	7,515	7,455	7,463	7,544	7,796	8,021	8,270	8,169	7,836	7,843	0	0	0
Tax-exempt
3,328	3,302	3,311	3,381	3,419	3,449	3,474	3,513	3,569	3,615	3,638	3,649	3,636	3,658	3,712	3,793	3,876	3,954	3,991	3,967	3,948	3,857	3,760	3,661	3,497	3,401	3,315	3,238	3,201	3,121	2,988	2,725	2,502	2,347	2,361	2,561	0	0	0
Dividends
1,713	1,824	1,856	1,952	2,117	2,224	2,154	2,053	1,954	1,765	1,750	1,736	1,591	1,475	1,414	1,620	1,570	1,790	1,342	856	789	390	596	595	470	385	398	386	401	405	350	431	446	442	510	460	0	0	0
Total Interest and Dividend Income
329,483	320,484	314,616	308,430	300,387	289,826	281,092	274,188	267,521	260,642	251,884	242,969	233,905	227,774	222,029	217,890	214,651	203,548	191,577	178,513	165,774	160,523	157,921	155,897	154,578	153,756	153,898	154,137	154,954	156,251	157,589	159,614	162,027	165,079	170,145	174,861	0	0	0
INTEREST EXPENSE
Deposits
63,383	63,026	60,216	54,880	47,991	40,856	35,110	30,987	27,797	25,330	23,393	21,764	20,817	19,692	18,013	16,169	14,191	12,944	11,995	11,200	10,625	10,128	10,002	10,239	10,714	11,406	12,482	13,723	15,247	16,796	18,372	20,159	21,641	22,952	24,778	26,473	0	0	0
Borrowings and junior subordinated debt securities
9,629	10,667	12,180	13,264	14,534	14,532	13,556	12,581	10,937	9,579	8,128	6,843	5,588	4,823	4,331	3,895	3,531	3,053	2,849	2,647	2,439	2,353	2,290	2,284	2,749	3,157	3,585	4,062	4,132	4,228	4,215	4,379	4,591	4,781	5,077	5,247	0	0	0
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total Interest Expense
73,012	73,693	72,396	68,144	62,525	55,388	48,666	43,568	38,734	34,909	31,521	28,607	26,405	24,515	22,344	20,064	17,722	15,997	14,844	13,847	13,064	12,481	12,292	12,523	13,463	14,563	16,067	17,785	19,379	21,024	22,587	24,538	26,232	27,733	29,893	31,853	0	0	0
NET INTEREST INCOME
256,471	246,791	242,220	240,286	237,862	234,438	232,426	230,620	228,787	225,733	220,363	214,362	207,500	203,259	199,685	197,826	196,929	187,551	176,733	164,666	152,710	148,042	145,629	143,374	141,115	139,193	137,831	136,352	135,575	135,227	135,002	135,076	135,795	137,346	140,252	143,008	0	0	0
Financing Receivable And Off Balance Sheet Liability, Credit Loss, Expense (Reversal)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	15,483	11,032	-	14,995	13,260	15,648	11,172	13,883	18,489	18,155	18,134	17,965	16,294	16,984	14,195	10,388	7,578	5,826	2,633	1,715	2,171	4,136	6,293	8,311	10,964	9,850	15,850	22,815	20,937	20,167	14,241	15,609	21,550	29,142	0	0	0
Net Interest Income After Provision for Credit Losses
227,232	231,918	226,702	229,219	219,655	219,443	219,166	214,972	217,615	211,850	201,874	196,207	189,366	185,294	183,391	180,842	182,734	177,163	169,155	158,840	150,077	146,327	143,458	139,238	134,822	130,882	126,867	126,502	119,725	112,412	114,065	114,909	121,554	121,737	118,702	113,866	0	0	0
NONINTEREST INCOME
Net gain on sale of securities
-26	-26	0	0	0	-	0	0	-	3,000	3,987	3,987	370	0	0	0	-34	-34	-34	-34	40	41	41	44	4	5	5	2,172	2,178	3,016	3,016	765	703	-124	-118	66	0	0	0
Commercial loan swap income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage banking
3,233	2,491	2,354	2,460	2,654	2,762	2,768	2,940	2,784	2,915	2,975	3,180	3,083	2,879	2,733	2,354	2,558	2,554	2,256	1,828	1,310	917	1,131	1,126	1,773	2,123	2,363	2,895	2,689	2,878	2,948	1,704	1,245	1,199	1,997	2,610	0	0	0
Insurance
-	-	-	-	-	-	-	-	-	5,371	5,250	5,140	4,887	5,204	5,313	5,437	5,623	5,500	5,505	5,895	5,929	5,955	5,916	5,932	6,150	6,248	6,346	6,339	6,215	6,131	4,666	5,127	5,789	6,230	8,630	8,402	0	0	0
Bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of a majority interest of insurance business
-	-	0	0	-	1,873	1,873	1,873	1,873	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	3,093	0	0	0	-	-	-	-	-	-	-	-	-	-
Gain on sale of credit card portfolio
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
6,060	8,891	9,047	7,933	6,712	6,957	9,515	9,829	9,609	9,428	9,773	8,787	8,840	9,575	6,624	6,501	6,817	5,593	7,396	7,299	6,789	6,742	6,914	7,663	7,604	7,943	8,060	7,954	8,559	8,953	10,661	9,784	8,802	7,705	5,965	6,794	0	0	0
Total Noninterest Income
53,599	52,558	48,422	47,401	46,751	49,181	50,735	52,244	56,258	55,462	55,734	55,631	51,814	54,635	54,798	53,831	54,766	51,033	49,168	48,618	47,006	46,338	46,430	47,041	48,137	51,527	51,781	53,985	53,649	51,912	51,920	47,517	46,100	44,057	44,818	46,004	0	0	0
NONINTEREST EXPENSE
Salaries and employee benefits
84,411	83,986	80,049	79,882	78,203	76,108	77,202	77,758	79,050	80,776	80,555	79,241	76,964	77,325	74,767	72,545	72,374	68,252	65,495	63,529	61,846	60,442	61,116	61,203	60,156	60,847	57,690	57,599	57,515	57,920	59,378	56,300	54,230	51,078	49,519	49,589	0	0	0
Data processing and information technology
15,103	14,468	13,351	12,576	11,541	10,633	9,741	9,119	8,903	8,801	8,750	8,594	8,949	8,837	8,988	9,314	9,351	9,560	9,600	9,298	8,962	8,737	7,791	7,776	7,694	8,263	6,817	6,692	6,750	7,326	9,372	9,103	8,589	6,853	6,475	6,183	0	0	0
Net occupancy
12,832	12,103	11,581	11,405	11,260	11,097	11,135	11,105	11,052	10,994	10,901	10,985	10,922	11,057	11,052	11,020	11,014	10,652	10,007	9,267	8,569	8,211	8,199	8,105	8,079	8,018	8,046	8,114	7,988	7,603	7,289	6,964	6,870	6,943	6,922	6,928	0	0	0
Furniture, equipment and software
9,247	8,958	8,608	8,523	8,356	8,083	8,295	8,180	7,856	7,946	7,457	7,499	7,408	7,290	7,212	6,933	6,796	6,093	5,922	5,577	5,272	5,317	5,117	4,893	4,846	4,883	5,023	5,353	5,332	5,262	4,997	4,846	5,002	4,941	4,981	5,031	0	0	0
Merger related expenses
13,692	11,350	1,170	618	0	-	0	0	-	-	-	-	-	-	-	-	-	3,167	3,856	3,856	2,990	689	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Joint venture amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other taxes
3,779	3,364	5,436	5,237	5,520	6,183	6,170	6,037	5,381	4,509	4,241	4,113	3,926	4,050	3,972	3,611	3,874	3,616	3,262	3,382	3,116	2,905	3,153	3,353	3,375	3,743	3,620	3,563	3,425	3,200	3,245	3,127	3,253	3,381	3,408	3,486	0	0	0
Marketing
4,601	4,631	4,790	4,751	4,631	4,192	4,106	3,849	3,607	3,659	3,309	3,439	3,566	3,713	4,192	4,191	4,309	4,224	3,885	3,747	3,514	3,316	3,175	3,025	2,858	2,929	3,139	3,291	3,153	3,206	3,121	3,109	3,160	3,019	0	0	0	-	-
Professional services and legal
4,108	4,244	4,395	4,522	4,265	4,132	4,348	4,036	4,079	4,096	3,582	3,530	3,587	3,466	3,488	3,617	3,430	3,006	3,499	3,503	3,577	3,717	3,531	3,577	3,873	4,184	3,203	3,647	3,684	4,610	5,926	5,659	5,749	5,437	0	0	0	-	-
FDIC insurance
1,012	758	1,181	2,602	2,646	3,238	3,676	4,082	4,528	4,543	4,505	4,358	4,167	3,984	3,862	3,847	3,661	3,416	3,112	2,729	2,500	2,436	2,477	2,499	2,627	2,772	2,873	3,082	3,094	2,926	2,843	2,754	2,952	3,570	4,251	4,900	0	0	0
Legal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Amortization of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other
25,838	23,254	22,757	22,620	21,825	21,779	22,306	22,281	22,725	22,583	22,282	21,709	22,135	23,510	23,893	25,738	25,837	24,731	23,982	22,343	21,601	21,470	21,569	21,200	20,344	20,915	21,284	23,429	24,787	24,842	24,386	21,870	20,177	18,686	18,174	18,881	0	0	0
Total Noninterest Expense
174,623	167,116	153,318	152,736	148,247	145,445	146,979	146,447	147,181	147,907	145,582	143,468	141,624	143,232	141,426	140,816	141,512	136,717	132,620	127,231	121,947	117,240	116,966	116,469	114,690	117,392	117,663	120,738	121,696	122,863	119,817	112,992	109,242	103,908	102,184	103,726	0	0	0
Income Before Taxes
106,208	117,360	121,806	123,884	118,159	123,179	122,922	120,769	126,692	119,405	112,026	108,370	99,556	96,697	96,763	93,857	95,988	91,479	85,703	80,227	75,136	75,425	72,922	69,810	68,269	65,017	60,985	59,749	51,678	41,461	46,168	49,434	58,412	61,886	61,336	56,144	0	0	0
Provision for income taxes
17,671	19,126	18,987	17,120	16,060	17,845	35,148	41,155	45,749	46,437	30,693	29,177	26,069	25,305	25,607	24,647	25,649	24,398	21,548	20,047	18,424	17,515	17,650	16,951	16,027	14,478	12,780	11,196	8,628	7,261	9,237	11,295	13,963	14,622	13,846	13,053	0	0	0
Preferred stock dividends and discount amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,611	6,223	6,213	0	0	0
Net Income Available to Common Shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39,653	41,267	36,878	0	0	0
Net Income (Loss) Attributable to Parent
88,537	98,234	102,819	106,764	102,099	105,334	87,774	79,614	80,943	72,968	81,333	79,193	73,487	71,392	71,156	69,210	70,339	67,081	0	0	0	-	0	0	0	-	0	0	0	-	36,931	38,139	44,449	47,264	47,490	43,091	0	0	0
Earnings per share—basic (in dollars per share)
0.34	0.62	0.79	0.76	0.67	0.77	0.89	0.62	0.75	0.27	0.65	0.66	0.52	0.52	0.59	0.49	0.46	0.51	0.54	0.52	0.41	0.50	0.49	0.49	0.47	0.41	0.41	0.47	0.41	0.33	0.43	0.30	0.12	0.32	0.44	0.48	0.17	0.39	0.28
Earnings per share—diluted (in dollars per share)
0.34	0.61	0.79	0.76	0.66	0.77	0.88	0.61	0.75	0.27	0.65	0.65	0.52	0.51	0.59	0.49	0.46	0.51	0.54	0.52	0.41	0.50	0.49	0.49	0.47	0.41	0.41	0.47	0.41	0.33	0.43	0.30	0.12	0.32	0.44	0.48	0.17	0.39	0.28
Dividends declared per share (in dollars per share)
0.28	0.28	0.27	0.27	0.27	0.27	0.25	0.25	0.22	0.22	0.20	0.20	0.20	0.20	0.19	0.19	0.19	0.19	0.18	0.18	0.18	0.18	0.17	0.17	0.16	0.16	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15
Comprehensive Income
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-
Average common shares outstanding-basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,800	27,770
Average common shares outstanding-diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,813	27,797
Service charges on deposit accounts
Revenues from contract with customers
13,721	13,316	13,054	12,993	13,008	13,096	0	12,915	12,685	12,458	12,458	12,459	12,527	12,512	12,385	12,246	12,058	11,642	11,206	10,936	10,633	10,559	10,626	10,628	10,549	10,488	10,329	10,095	10,032	9,992	10,028	10,144	10,101	9,978	10,199	10,543	0	0	0
Debit and credit card
Revenues from contract with customers
13,913	13,405	13,142	12,808	12,616	12,679	0	12,490	12,223	12,029	12,077	12,173	12,000	11,943	12,200	12,033	12,184	12,113	11,377	11,290	10,994	10,781	10,701	10,556	10,982	10,931	11,027	11,229	10,918	11,134	11,187	11,011	10,911	10,889	10,125	9,618	0	0	0
Wealth management
Revenues from contract with customers
8,937	8,623	8,514	8,896	9,450	10,084	0	10,225	10,037	9,758	9,746	9,905	10,107	10,456	10,724	10,973	11,273	11,444	11,462	11,404	11,311	11,343	11,101	11,092	11,075	10,696	10,558	10,208	9,965	9,808	9,414	8,982	8,549	8,180	8,020	7,971	0	0	0