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Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.
October 28
S&T Bancorp Inc. in Indiana, Pa., said Monday that its third-quarter earnings rose 41% year over year, to $10.9 million, on an increase in noninterest income.
The $4.1 billion-asset company posted noninterest income of $12.3 million for the quarter, up 20% from a year earlier.
S&T said the bulk of the increase was driven by the company's mortgage banking business, which earned $1.6 million in the quarter, up from $200,000 in the second quarter.
The company's credit issues remained stable, though slightly high for its region.
As of Sept. 30, nonperforming assets totaled $82.7 million, or 2.45% of total assets. That compares with 2.41% at the end of the second quarter and 2.64% a year earlier.
S&T's provision for loan losses was $8.3 million, flat compared with a year earlier.
