S&T Bancorp, Inc. | Page 1 of 3 | ||||
2002 | 2003 | ||||
| March | June | September | December | March |
Interest Income | $36,251 | $36,672 | $37,843 | $40,394 | $39,318 |
Interest Expense | 14,473 | 14,147 | 13,826 | 13,854 | 12,924 |
Net Interest Income | 21,778 | 22,525 | 24,017 | 26,540 | 26,394 |
Taxable Equivalent Adjustment | 741 | 751 | 764 | 720 | 999 |
Net Interest Income (FTE) | 22,519 | 23,276 | 24,781 | 27,260 | 27,393 |
Provision For Loan Losses | 1,000 | 1,500 | 2,300 | 3,000 | 2,400 |
Net Interest Income |
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Service Charges and Fees | 1,772 | 1,909 | 2,238 | 2,482 | 2,192 |
Wealth Management | 1,248 | 1,433 | 1,340 | 1,349 | 1,295 |
Other | 2,508 | 2,591 | 3,203 | 3,535 | 3,221 |
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Salaries and Employee Benefits | 6,994 | 6,299 | 6,700 | 7,375 | 7,581 |
Occupancy and Equip. Expense, Net | 1,632 | 1,470 | 1,627 | 1,788 | 1,837 |
Data Processing Expense | 697 | 695 | 921 | 726 | 822 |
FDIC Expense | 71 | 70 | 68 | 80 | 81 |
Other | 3,084 | 3,449 | 3,945 | 4,073 | 3,861 |
Total Other Expense | 12,478 | 11,983 | 13,261 | 14,042 | 14,182 |
Income Before Taxes | 16,321 | 17,448 | 18,169 | 19,012 | 18,524 |
Taxable Equivalent Adjustment | 741 | 751 | 764 | 720 | 999 |
Applicable Income Taxes | 4,107 | 4,871 | 4,988 | 5,404 | 4,987 |
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Shares Outstanding | 26,520,979 | 26,639,003 | 26,510,409 | 26,584,609 | 26,323,013 |
Ave. Shs. Outstanding - Diluted | 26,742,806 | 26,826,265 | 26,808,027 | 26,759,655 | 26,722,098 |
Net Income - Diluted | $0.43 | $0.44 | $0.46 | $0.48 | $0.47 |
Dividends Declared | $0.24 | $0.24 | $0.24 | $0.25 | $0.25 |
Book Value | $11.03 | $11.25 | $11.26 | $11.51 | $11.56 |
Market Value | $25.45 | $27.00 | $25.18 | $25.05 | $25.57 |
S&T Bancorp, Inc. | Page 2 of 3 | ||||
2002 | 2003 | ||||
| March | June | September | December | March |
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Assets acquired through foreclosure | |||||
or repossession | 2,166 | 2,431 | 365 | 2,188 | 2,362 |
Nonperforming Assets | 9,819 | 8,679 | 9,440 | 8,019 | 13,190 |
Loan Loss Reserve | 27,853 | 28,389 | 29,498 | 30,138 | 29,837 |
Nonperforming Loans / Loans | 0.47% | 0.37% | 0.46% | 0.29% | 0.53% |
Loan Loss Reserve / Loans | 1.72% | 1.68% | 1.49% | 1.51% | 1.47% |
Loan Loss Reserve / | |||||
Nonperforming Loans | 364% | 454% | 325% | 517% | 276% |
Net Loan Charge-offs (Recoveries) | 73 | 964 | 2,612 | 2,360 | 2,701 |
Net Loan Charge-offs (Recoveries) | |||||
(annualized) /Average Loans | 0.02% | 0.23% | 0.59% | 0.47% | 0.55% |
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Assets | $2,362,616 | $2,425,854 | $2,776,968 | $2,823,867 | $2,855,658 |
Earning Assets | 2,250,353 | 2,304,803 | 2,587,497 | 2,640,056 | 2,665,433 |
Securities | 632,594 | 615,114 | 606,440 | 641,164 | 641,206 |
Loans, Gross | 1,617,759 | 1,689,688 | 1,981,057 | 1,998,893 | 2,024,227 |
Total Deposits | 1,602,308 | 1,636,266 | 1,931,458 | 1,926,119 | 1,947,249 |
Non-Interest Bearing Deposits | 261,622 | 273,317 | 327,659 | 330,160 | 344,010 |
NOW, Money Market & Savings | 608,743 | 619,661 | 768,447 | 768,395 | 781,690 |
CD's $100,000 and over | 114,774 | 130,260 | 172,364 | 170,862 | 167,170 |
Other Time Deposits | 617,169 | 613,028 | 662,988 | 656,702 | 654,380 |
Short-term borrowings | 168,436 | 189,452 | 252,551 | 319,388 | 302,680 |
Long-term Debt | 251,224 | 256,225 | 211,663 | 211,656 | 242,191 |
Shareholders' Equity | 292,597 | 299,709 | 298,605 | 306,114 | 304,312 |
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Assets | $2,330,748 | $2,396,788 | $2,510,549 | $2,770,040 | $2,823,664 |
Earning Assets | 2,219,018 | 2,282,788 | 2,381,942 | 2,597,926 | 2,644,725 |
Securities | 597,891 | 629,040 | 611,682 | 610,455 | 636,110 |
Loans, Gross | 1,620,521 | 1,653,663 | 1,770,260 | 1,987,472 | 2,008,616 |
Deposits | 1,598,061 | 1,624,978 | 1,711,484 | 1,919,195 | 1,916,768 |
Shareholders' Equity | 294,636 | 299,290 | 302,809 | 306,368 | 310,165 |
S&T Bancorp, Inc. | Page 3 of 3 | ||||
2002 | 2003 | ||||
| March | June | September | December | March |
Return on Average Assets | 2.00% | 1.98% | 1.96% | 1.85% | 1.80% |
Return on Average Shareholders' Equity | 15.79% | 15.85% | 16.27% | 16.69% | 16.39% |
Yield on Earning Assets (FTE) | 6.76% | 6.58% | 6.44% | 6.32% | 6.20% |
Cost of Interest Bearing Funds | 3.37% | 3.18% | 2.95% | 2.68% | 2.49% |
Net Interest Margin (FTE) (4) | 4.12% | 4.09% | 4.13% | 4.16% | 4.20% |
Efficiency Ratio (FTE) (1) | 44.49% | 41.03% | 42.02% | 40.55% | 41.59% |
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Dividends Paid to Net Income | 55.89% | 53.82% | 51.48% | 49.37% | 53.01% |
Shareholders' Equity to Assets (Period End) | 12.38% | 12.35% | 10.75% | 10.84% | 10.66% |
Leverage Ratio (2) | 11.03% | 11.18% | 8.87% | 8.42% | 8.13% |
Risk Based Capital - Tier I (3) | 12.78% | 12.93% | 9.77% | 9.89% | 9.90% |
Risk Based Capital - Tier II (3) | 14.98% | 14.92% | 11.45% | 11.57% | 11.56% |
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Shareholders of Record | 3,147 | 3,127 | 3,129 | 3,103 | 3,106 |
Number of Banking Offices | 40 | 40 | 47 | 46 | 46 |
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(1) Recurring non-interest expense divided by recurring non-interest income plus net interest income, on a fully taxable equivalent basis. |