S&T BANCORP INC : Results of Operations and Financial Condition (form 8-K)
January 30, 2020 at 03:14 pm
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Item 2.02 Results of Operations and Financial Condition.
On January 30, 2020, S&T Bancorp, Inc. announced by press release its earnings
for the three and twelve months ended December 31, 2019. A copy of the press
release is attached hereto as Exhibit 99.1 . The information contained in
this Report on Form 8-K, including Exhibit 99.1 hereto, is being furnished
under item 2.02 and shall not be deemed to be "filed" for purposes of Section 18
of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject
to the liabilities of that section, nor shall such information be deemed
incorporated by reference in any filing under the Securities Exchange Act of
1933 or the Exchange Act, except as shall be expressly set forth by reference in
such a filing.
Item 7.01 - Regulation FD Disclosure
In connection with the issuance of its earnings for the three and twelve months
ended December 31, 2019, S&T provided supplementary financial information on its
website. A copy of the supplementary financial information is included in this
Current Report as Exhibit 99.2 . The information contained in this Report on
Form 8-K, including Exhibit 99.2 hereto, is being furnished under item 7.01
and shall not be deemed to be "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the
liabilities of that section, nor shall such information be deemed incorporated
by reference in any filing under the Securities Exchange Act of 1933 or the
Exchange Act, except as shall be expressly set forth by reference in such a
filing.
Item 8.01 Other Events.
The Board of Directors of S&T declared a $0.28 per share cash dividend at its
regular meeting held January 27, 2020. A copy of the press release is attached
hereto as Exhibit 99.3 . This is an increase of 3.7 percent compared to a
common stock dividend of $0.27 per share declared in the same period in the
prior year. The dividend is payable February 27, 2020 to shareholders of record
on February 13, 2020.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description of Exhibit
99.1 Press Release
99.2 S&T Bancorp Inc. 2019 Highlights
99.3 Dividend Release
S&T Bancorp, Inc. is a bank holding company. The Companyâs segments include Commercial Real Estate (CRE), Commercial and Industrial (C&I), Commercial Construction, Business Banking, Consumer Real Estate and Other Consumer. The CRE segment includes loans secured by commercial purpose real estate, including both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and healthcare. The C&I segment includes loans made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory, or equipment financing. The Commercial Construction segment includes loans made to finance the construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment includes commercial loans made to small businesses. Consumer Real Estate segment includes loans secured by first and second liens.
S&T BANCORP, INC. 
