S&T Bancorp, Inc. | Page 1 of 3 | ||||
2001 | 2002 | ||||
| March | June | September | December | March |
Interest Income (FTE) | $44,911 | $43,735 | $41,792 | $39,202 | $36,992 |
Interest Expense | 21,560 | 20,272 | 18,640 | 16,241 | 14,473 |
Net Interest Income (FTE) | 23,351 | 23,463 | 23,152 | 22,961 | 22,519 |
Provision For Loan Losses | 1,000 | 2,000 | 850 | 1,150 | 1,000 |
Net Interest Income |
|
|
|
|
|
|
|
|
|
|
|
Service Charges and Fees | 1,715 | 1,765 | 1,888 | 1,932 | 1,772 |
Wealth Management | 1,299 | 1,268 | 1,128 | 1,249 | 1,248 |
Other | 2,010 | 2,256 | 2,432 | 2,598 | 2,508 |
|
|
|
|
|
|
Salaries and Employee Benefits | 6,436 | 6,129 | 6,251 | 6,282 | 6,994 |
Occupancy and Equip. Expense, Net | 1,512 | 1,578 | 1,544 | 1,418 | 1,632 |
Data Processing Expense | 641 | 677 | 677 | 638 | 697 |
FDIC Expense | 72 | 71 | 72 | 72 | 71 |
Other | 3,029 | 3,337 | 3,236 | 3,300 | 3,084 |
Total Other Expense | 11,690 | 11,792 | 11,780 | 11,710 | 12,478 |
Income Before Taxes and Extraordinary Item | 17,109 | 17,459 | 20,238 | 17,379 | 16,321 |
Taxable Equivalent Adjustment | 734 | 738 | 730 | 736 | 741 |
Applicable Income Taxes | 4,725 | 4,799 | 5,763 | 4,775 | 4,107 |
|
|
|
|
|
|
Extraordinary Item (after-tax) | 0 | 0 | 1,887 | 0 | 0 |
|
|
|
|
|
|
| |||||
Shares Outstanding | 26,960,118 | 26,893,489 | 26,776,579 | 26,646,179 | 26,520,979 |
Ave. Shs. Outstanding - Diluted | 27,120,228 | 27,092,674 | 27,080,643 | 26,912,388 | 26,742,806 |
Net Income - Diluted before Extraordinary Item | $0.43 | $0.44 | $0.51 | $0.44 | $0.43 |
Net Income - Diluted after Extraordinary Item | $0.43 | $0.44 | $0.44 | $0.44 | $0.43 |
Dividends Declared | $0.22 | $0.23 | $0.23 | $0.24 | $0.24 |
Book Value | $10.56 | $10.82 | $10.88 | $11.01 | $11.03 |
Market Value | $23.14 | $25.11 | $23.40 | $24.28 | $25.45 |
S&T Bancorp, Inc. | Page 2 of 3 | ||||
2001 | 2002 | ||||
| March | June | September | December | March |
|
|
|
|
|
|
Assets acquired through foreclosure | |||||
or repossession | 546 | 541 | 443 | 1,711 | 2,166 |
Nonperforming Assets | 4,237 | 8,381 | 12,046 | 9,964 | 9,819 |
Loan Loss Reserve | 27,993 | 28,451 | 28,764 | 26,926 | 27,853 |
Nonperforming Loans / Loans | 0.23% | 0.48% | 0.71% | 0.50% | 0.47% |
Loan Loss Reserve / Loans | 1.71% | 1.73% | 1.75% | 1.64% | 1.72% |
Loan Loss Reserve / | |||||
Nonperforming Loans | 758% | 363% | 248% | 326% | 364% |
Net Loan Charge-offs (Recoveries) | 402 | 1,542 | 537 | 2,988 | 73 |
Net Loan Charge-offs (Recoveries) | |||||
(annualized) /Average Loans | 0.10% | 0.38% | 0.13% | 0.72% | 0.02% |
| |||||
Assets | $2,354,398 | $2,363,970 | $2,294,868 | $2,357,874 | $2,362,616 |
Earning Assets (1) | 2,185,844 | 2,195,954 | 2,131,929 | 2,176,629 | 2,203,077 |
Securities (1) | 493,835 | 512,338 | 489,766 | 533,861 | 585,317 |
Loans, Gross | 1,638,184 | 1,649,041 | 1,642,163 | 1,642,768 | 1,617,759 |
Total Deposits | 1,567,006 | 1,595,572 | 1,596,400 | 1,611,317 | 1,602,308 |
Non-Interest Bearing Deposits | 228,958 | 236,340 | 240,157 | 257,694 | 261,622 |
NOW, Money Market & Savings | 598,199 | 604,690 | 583,849 | 604,872 | 608,743 |
CD's $100,000 and over | 132,198 | 127,162 | 132,309 | 116,523 | 114,774 |
Other Time Deposits | 607,651 | 627,380 | 640,085 | 632,227 | 617,169 |
Short-term borrowings | 66,670 | 70,058 | 76,630 | 152,282 | 168,436 |
Long-term Debt | 378,227 | 353,456 | 281,256 | 251,225 | 251,224 |
Shareholders' Equity | 284,627 | 290,906 | 291,349 | 293,327 | 292,597 |
| |||||
Assets | $2,311,571 | $2,355,230 | $2,336,508 | $2,325,582 | $2,330,748 |
Earning Assets (1) | 2,148,007 | 2,188,529 | 2,171,864 | 2,164,272 | 2,169,852 |
Securities (1) | 500,196 | 492,951 | 492,956 | 515,276 | 548,725 |
Loans, Gross | 1,620,031 | 1,648,775 | 1,643,499 | 1,647,140 | 1,620,521 |
Deposits | 1,531,354 | 1,578,771 | 1,597,007 | 1,598,356 | 1,598,061 |
Shareholders' Equity | 285,041 | 291,984 | 294,918 | 296,085 | 294,636 |
(1) Excludes unrealized gains related to securities available for sale. |
S&T Bancorp, Inc. | Page 3 of 3 | ||||
2001 | 2002 | ||||
| March | June | September | December | March |
Return on Average Assets | 2.04% | 2.03% | 2.01% | 2.02% | 2.00% |
Return on Average Shareholders' Equity | 16.58% | 16.38% | 15.95% | 15.90% | 15.79% |
Yield on Earning Assets (FTE) | 8.48% | 8.02% | 7.63% | 7.19% | 6.91% |
Cost of Interest Bearing Funds | 4.98% | 4.56% | 4.22% | 3.70% | 3.37% |
Net Interest Margin (FTE) | 4.41% | 4.30% | 4.23% | 4.21% | 4.21% |
Efficiency Ratio (FTE)(1) | 41.20% | 41.01% | 41.19% | 40.74% | 44.49% |
| |||||
Dividends Paid to Net Income | 50.89% | 49.77% | 52.16% | 51.89% | 55.89% |
Shareholders' Equity to Assets (Period End) | 12.09% | 12.31% | 12.70% | 12.44% | 12.38% |
Leverage Ratio (2) | 10.62% | 10.61% | 10.83% | 10.98% | 11.03% |
Risk Based Capital - Tier I (3) | 12.28% | 12.34% | 12.78% | 12.69% | 12.78% |
Risk Based Capital - Tier II (3) | 14.52% | 14.69% | 14.92% | 14.89% | 14.98% |
| |||||
Shareholders of Record | 3,174 | 3,171 | 3,174 | 3,193 | 3,147 |
Number of Banking Offices | 39 | 39 | 40 | 40 | 40 |
| |||||
(1) Recurring non-interest expense divided by recurring non-interest income plus net interest income, on a fully taxable equivalent basis. | |||||
(2) Equity less goodwill to total assets and allowance for loan losses. | |||||
(3) Effective October 1, 1998, banking regulators require financial institutions to include 45% of the pretax net unrealized holding gains on available for sale equity securities in Tier 2 capital. |