S&T Bancorp (STBA) 8-K This presentation contains certain forward-looking statements within the meaning of Section

First Quarter 2013

Exhibit 99.1

Todd Brice

President and

Chief Executive Officer

Mark Kochvar

Sr. EVP and

Chief Financial Officer

Forward Looking Statement

and Risk Factor

3

•

This presentation contains certain forward-looking statements within the meaning of Section

27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. 

Forward-looking statements include, among others, statements regarding trends, strategies,

plans, beliefs, intentions, expectations, goals and opportunities.  Forward looking statements

are typically identified by words or phrases such as believe, expect, anticipate, intend,

estimate, assume, strategy, plan, outlook, outcome, continue, remain, trend and variations of

such words and similar expressions, or future or conditional verbs such as will, would, should,

could, may or similar expressions.  Actual results and performance could differ materially from

those anticipated by these forward-looking statements.  Factors that could cause such a

difference include, but are not limited to, general economic conditions, changes in interest

rates, deposit flows, loan demand, asset quality, including real estate and other collateral

values, and competition.

•

S&T cautions that these forward-looking statements are subject to numerous assumptions,

risks and uncertainties, which change over time.  These forward-looking statements speak

only as of the date hereof, and S&T assumes no duty to update forward-looking statements. 

Subsequent written or oral statements attributable to S&T or persons acting on its behalf are

expressly qualified in their entirety by the cautionary statements contained herein and those in

S&T’s reports previously and subsequently filed with the Securities and Exchange

Commission.

4

Non-GAAP Financial Measures

•

In addition to the results of operations presented in accordance with Generally Accepted

Accounting Principles (GAAP), S&T management uses and this presentation contains or

references, certain non-GAAP financial measures, such as net interest income on a fully

taxable equivalent basis, that S&T believes provide information useful to investors in

understanding our underlying operational performance and our business and performance

trends as they facilitate comparisons with the performance of others in the financial

services industry.  Although S&T believes that these non-GAAP financial measures

enhance investors’ understanding of S&T’s business and performance, these non-GAAP

financial measures should not be considered an alternative to GAAP.  The non-GAAP

financial measures contained therein should be read in conjunction with the audited

financial statements and analysis as presented in the Annual Report on Form 10-K as well

as the unaudited financial statements and analyses as presented in the respective

Quarterly Reports on Forms 10-Q for S&T Bancorp, Inc. and subsidiaries.

5

Corporate Profile

6

*

2012 peer banks per 2012 proxy statement

Common Return on Assets

STBA

Peer Bank Median*

PA Banks

BHC $3-10B

7

Common Return on Equity

*

2012 peer banks per 2012 proxy statement

STBA

Peer Bank

Median*

PA Banks

BHC $3-10 B

8

Summary

2012

2011

2010

Net Income Available to Common Shareholders

$34.2

$39.7

$37.3

Diluted Earnings per Common Share

$  1.18

$  1.41

$  1.34

Common Return on Average Assets

0.79%    

0.97%

0.90%

Common Return on Average Equity

6.62%

6.78%

6.58%

Dollars in millions

9

4 Lines of Business

Insurance

Wealth Management

Retail Banking

Commercial Banking

Commercial Banking

•

33 commercial lenders

•

14 business bankers

•

Privately held companies with sales

up to $150 million

•

$1-7 million preferred facility

•

Growing pipeline

•

Adding producers

10

Retail Banking

•

Over 100,000 Households

•

57 branches

•

Average branch size of $61.5 million

•

Home Center

•

92% of customers highly satisfied

•

Over 70,000 customers enrolled in online banking

•

Over 12,500 customers enrolled in Mobile Banking

11

Wealth Management

•

$1.7 billion AUM

•

3 Divisions

–

S&T Trust

–

S&T Financial Services

–

RIA/Stewart Capital

•

Annual revenue of $9.8 million

•

Adding producers

12

Insurance

•

Purchased Evergreen Insurance in 2002

•

Full service agency

–

Commercial P&C (65%)

–

Group Life and Health (20%)

–

Personal Lines (15%)

•

Annual revenue of $5.2 million

13

14

Quarterly Summary

2013

2012

2012

First

Quarter

Fourth

Quarter

First

Quarter

Net Income Available to Common

Shareholders

$12.3

$9.5

$3.5

Diluted Earnings per Common Share

$0.41

$0.32

$0.12

Common

Return

on

Average

Assets

*

1.12%

0.86%

0.34%

Common

Return

on

Average

Equity

*

9.25%

7.05%

2.82%

Dollars in millions, except per share data

*

Annualized

15

Income Statement

Dollars in millions, except per share data

*

Refer to appendix for reconciliation of Non-GAAP financial measures

2013

2012

2012

First

Quarter

Fourth

Quarter

First

Quarter

Net Interest Income –

FTE

*

$34.8

$35.4

$34.5

Noninterest Income

11.7

11.5

12.2

Total Revenue

46.5

46.9

46.7

Noninterest Expense

(31.6)

(29.7)

(32.7)

Gain on Sale of Merchant Card Servicing Business

3.1

-

-

Security Gains (Losses)

-

-

0.8

Provision for Loan Losses

(2.3)

(4.2)

(9.3)

Net Income Before Taxes

15.7

13.0

5.5

Taxes

(3.4)

(3.5)

(2.0)

Net Income Available to Common 

Shareholders

$12.3

$9.5

$3.5

Diluted Earnings per Common Share

$ 0.41

$0.32

$0.12

16

Balance Sheet

Dollars in millions

March 31,

2013

December 31,

2012

March 31,

2012

Securities

$  469

$   452

$   363

Interest Bearing Balances

215

257

333

Loans, Net

3,339

3,323

3,154

Other

457

495

481

Total Assets

$4,480

$4,527

$4,331

Deposits

$3,639

$3,638

$3,522

Borrowings

228

263

238

Other Liabilities

68

89

67

Equity

545

537

504

Total Liabilities & Equity

$4,480

$4,527

$4,331

17

Loan Portfolio

Dollars in millions

March 31,

2013

December 31,

2012

March 31,

2012

Consumer

Residential Mortgage

$  443

$ 427

$   383

Home Equity    

416

431

$   442

Installment and Other Consumer

69

74

82

Construction

3

3

2

Total Consumer

931

935

909

Commercial

Commercial Real Estate

1,480

1,452

1,417

Commercial & Industrial

806

792

703

Construction

165

168

169

Total Commercial

2,451

2,412

2,289

Total Portfolio Loans

3,382

3,347

3,198

Total Loans Held for Sale

3

22

3

Total Loans

$3,385

$3,369

$ 3,201

18

Asset Quality

*

QTD annualized

March 31,

2013

December 31,

2012

March 31,

2012

Nonperforming Loans / Total Loans

1.37%

1.63%

2.01%

Nonperforming Assets / Total Loans

Plus OREO

1.39

1.66

2.12

Net Charge-offs / Average Loans*

0.34

0.49

1.32

Loan Loss Reserve / Total Loans

1.36

1.38

1.49

Loan Loss Reserve / Nonperforming

Loans

99

85

74

19

Nonperforming Loans

52.5

1.48

36.4

Total Commercial

11.4

3.14

5.2

Construction

8.3

0.67

5.4

Commercial

& Industrial  

32.8

1.75

25.8

Commercial

Real Estate

Commercial

12.0

1.06

9.9

Total Consumer

0.2

7.02

0.2

Construction

-

0.03

-

Installment and Other Consumer

3.5

0.97

4.0

Home Equity

$ 8.3

1.27%

$ 5.7

Residential Mortgage

March 31,

2012

Consumer

% NPL

March 31,

2013

Total Nonperforming Loans

$64.5

1.37%

$46.3

Nonperforming

Loans

(NPL)

are

loans

where

collection

of

interest

or

principal

is

doubtful

or

generally

when

interest

or

principal

payments

are

90 days or more past due.

Dollars in millions

$  6.0

$  0.2

Specific Reserves

20

Net Interest Margin

2013

2012

2012

First

Quarter

Fourth

Quarter

First

Quarter

Securities -

FTE

2.65%

2.76%

3.29%

Interest Bearing Deposits-FTE

0.23

0.29

0.20

Loans -

FTE

4.32

4.44

4.74

Total Earning Assets-FTE

3.91

3.97

4.31

Deposits

0.49

0.53

0.75

Borrowings

1.61

2.16

1.82

Total Costing Liabilities

0.58

0.64

0.84

Net Interest Margin –

FTE

*

3.49%

3.51%

3.64%

*

Refer to appendix for reconciliation of Non-GAAP financial measures

21

Noninterest Income

Dollars in millions

2013

2012

2012

First

Quarter

Fourth

Quarter

First

Quarter

Wealth Management

$ 2.6

$ 2.4

$ 2.4

Debit and Credit Card

2.5

2.7

2.7

Service Charges on Deposit Accounts

2.4

2.6

2.4

Insurance

1.8

1.2

1.7

Mortgage Banking

0.5

0.7

0.7

Other

1.9

1.9

2.3

Total

$11.7

$11.5

$12.2

22

Securities

March 31,

2013

December  31,

2012

March 31,

2012

Agencies

$231

$212

$160

Agency CMO

52

58

59

Agency Residential MBS

47

51

46

Agency Commercial MBS

22

10

-

Municipals

108

113

87

Equities

9

8

11

Total  

$469

$452

$363

All securities are classified as available-for sale

Dollars in millions

23

Deposits

Dollars in millions

March 31,

2013

December 31,

2012

March 31,

2012

Noninterest-bearing Demand

$ 951

$ 961

$ 860

Interest-bearing Demand

305

317

306

Money Market

327

361

291

Savings

993

966

883

Certificates of Deposit < $100K

655

665

807

Certificates Of Deposit > $100K

408

368

375

Total  

$3,639

$3,638

$3,522

24

Capital Ratios

March 31,

2013

December 31,

2012

March 31,

2012

Well-

Capitalized

Leverage

9.42%

9.31%

9.20%

5.00%

Tier 1 –

Risk-Based Capital

12.20

11.98

11.62

6.00

Total –

Risk-Based Capital

15.60

15.39

15.14

10.00

Tangible Common Equity /

Tangible Assets

*

8.46

8.20

7.87

NA

*

Refer to appendix for reconciliation of Non-GAAP financial measures

Growth –

Merger & Acquisition Activity

•

2012 -

Gateway Bank of Pennsylvania

•

2012 -

Mainline Bancorp

•

2008 –

IBT Bancorp

•

2002 -

Peoples Financial Corp

•

1997 -

Peoples Bank of Unity

•

1991 -

Atlantic Financial Savings Bank

•

1991 -

Vanguard Savings Bank

25

26

The Right Size

•

Big Enough to:

–

Provide full complement of products and services

–

Access technology

–

Access Capital Markets

–

Attract talent

–

Expand –

Mergers and Acquisitions/DeNovo

•

Small Enough to:

–

Stay close to our customers

–

Understand our markets

–

Be responsive

Marcellus Shale Distribution

27

2013

First

Quarter

2012

Fourth

Quarter

2012

First

Quarter

Interest Income per Consolidated Statements of Income

$37.8

$38.9

$39.1

Adjustment to Fully Taxable-equivalent Basis

1.2

1.1

1.2

Interest Income Adjusted to Fully Taxable-equivalent Basis

39.0

40.0

40.3

Interest Expense per Consolidated Statements of Income

4.2

4.6

5.8

Net Interest Income Adjusted to Fully Taxable-

equivalent Basis (non-GAAP)

$34.8

$35.4

$34.5

APPENDIX –

Non-GAAP Measures

Dollars in millions

28

2013

2012

2012

First

Quarter

Fourth

Quarter

First

Quarter

Securities

2.27%

2.32%

2.83%

Adjustment to Fully Taxable-equivalent Basis

0.38

0.44

0.46

Securities Adjusted to Fully Taxable-equivalent Basis

2.65

2.76

3.29

Loans

4.23

4.36

4.65

Adjustment to Fully Taxable-equivalent Basis

0.09

0.08

0.09

Loans Adjusted to Fully Taxable-equivalent Basis

4.32

4.44

4.74

Total Earning Assets

3.79

3.86

4.19

Adjustment to Fully Taxable-Equivalent Basis

0.12

0.11

0.12

Total Earning Assets Adjusted to Fully Taxable-equivalent Basis

3.91

3.97

4.31

Net Interest Margin

3.37

3.40

3.57

Adjustment to Fully Taxable-Equivalent Basis

0.12

0.11

0.12

Net Interest Margin Adjusted to Fully Taxable-equivalent Basis

3.49

3.51

3.69

APPENDIX –

Non-GAAP Measures /cont./

29

March 31,

2013

December 31,

2012

March 31,

2012

Tangible Common Equity/Tangible Assets

Common Equity/Assets (GAAP Basis)

12.16%

11.87%

11.65%

Effect of Excluding Intangible Assets

-3.70%

-3.67%

-3.78%

Tangible Common Equity/Tangible Assets

8.46%

8.20%

7.87%

APPENDIX –

Non-GAAP Measures /cont./

30