S&t Bancorp, Inc. · NASDAQ:STBA
S&t Bancorp — Q2 2011 Earnings Presentation
24 slides from S&t Bancorp's earnings presentation, Sep 13, 2011
Slide 1: Second Quarter 2011
Second Quarter 2011 Exhibit 99.1
Slide 2: Presenters: Todd Brice and Mark Kochvar
Todd Brice President and Chief Executive Officer Mark Kochvar Sr. EVP and Chief Financial Officer
Slide 3: S&T Bancorp Corporate Profile
S&T Bancorp Corporate Profile
Slide 4: Return on Assets vs. peers
* 2011 peer banks per 2011 proxy statement * * Annualized Return on Assets -0.5% 0.0% 0.5% 1.0% 1.5% 2.0% -0.5% 0.0% 0.5% 1.0% 1.5% 2.0% 2011 YTD** STBA BHC $3-10 B Peer Bank Median* PA Banks
Slide 5: Return on Equity
Return on Equity * 2011 peer banks per 2011 proxy statement * * Annualized -5% 0% 5% 10% 15% 20% -5% 0% 5% 10% 15% 20% 2011 YTD** BHC $3-10 B PA Banks Peer Bank Median* STBA
Slide 6: Marcellus Shale Distribution
Marcellus Shale Distribution
Slide 7: Marcellus Activity in S&T's Market Area
Marcellus Activity in S&T’s Market Area Permits Issued Wells Drilled * * January – July 2011 Source: Pennsylvania DEP
Slide 8: S&T Wealth Management Mineral Management Services
Rely on S&T Wealth Management to protect your assets: + Lease offer evaluation and negotiation. + Negottion of surfice damage rights 0 that you are sufclenly protected from and compensated for any damage ‘to your property throughour the ring process. + Verfiation, montaring and administration of rea
Slide 9: Quarterly Summary
Quarterly Summary Second Quarter First Quarter Second Quarter Net Income $13.4 $4.7 $7.9 Diluted Common Earnings per Share $0.48 $0.17 $0.28 Common Return on Average Assets * 1.31% 0.47% 0.76% Common Return on Average Equity * 9.15% 3.31% 5.60% Dollars in millions * Annualized
Slide 10: Income Statement
Income Statement Dollars in millions Second Quarter First Quarter Second Quarter Net Interest Income – FTE $35.6 $35.9 $37.8 Noninterest Income 11.2 11.0 11.4 Total Revenue 46.8 46.9 49.2 Noninterest Expense (25.6) (27.5) (25.7) Security Gains (Losses) (0.1) - 0.1 Provision for Loan Losses (1.1) (10
Slide 11: Balance Sheet
Balance Sheet Dollars in millions June 30, Mar. 31, June 30, Securities $358 $353 $340 Loans, Net 3,145 3,243 3,343 Other Total Assets $4,058 $4,090 $4,139 Deposits $3,254 $3,306 $3,297 Borrowings Other Equity Total Liabilities & Equity $4,058 $4,090 $4,139
Slide 12: Loan Portfolio
Loan Portfolio Dollars in millions June 30, Mar. 31, June 30, Consumer Home Equity $ 432 $ 436 $ 451 Residential Mortgage Consumer Construction Total Consumer Commercial Commercial Real Estate 1,442 1,489 1,424 Commercial & Industrial Construction Total Commercial 2,341 2,448 2,495 Total Portfolio L
Slide 13: Asset Quality
Asset Quality * YTD June 30, 2011 Annualized June 30, December 31, Nonperforming Loans / Total Loans 1.95% 1.90% 2.67% 1.19% 0.60% Nonperforming Assets / Total Loans Plus OREO 2.18 2.07 2.80 1.21 0.62 Net Charge-offs / Average Loans * 0.59 1.48 1.60 0.31 0.17 Loan Loss Reserve / Total Loans 1.81 1.5
Slide 14: Nonperforming Loans
Nonperforming Loans 2.30 53.8 Total Commercial 3.56 7.4 Construction 1.18 8.1 Commercial & Industrial 2.65 38.3 Commercial Real Estate Commercial 1.02 8.7 Total Consumer - - - Construction - - - Consumer Installment 1.78 6.2 Residential Mortgage 0.59 $ 2.5 Home Equity % of Total NPL Consumer % NPL J
Slide 15: Construction & CRE by Type
Construction & CRE by Type Type June 30, % of Total June 30, Change Retail/Strip Malls $ 286 $ 298 $(12) Miscellaneous Offices (3) Residential Rental Properties (66) Hotels (7) Healthcare/Education Flex/Mixed Use RE Develop – CL (5) Manuf/Industrial/Warehouse (41) RE Develop – Residential (5) Total
Slide 16: Construction & CRE – NPL by Type
Construction & CRE – NPL by Type Type June 30, % NPL % of Total NPL Retail/Strip Malls $ 2.9 1.01 Miscellaneous 16.2 6.33 Offices 6.6 2.98 Residential Rental Properties 4.6 2.09 Hotels 1.5 0.79 Healthcare/Education 0.8 0.74 Flex/Mixed Use - - - RE Develop – CL 1.1 1.14 Manuf/Industrial/Warehouse 4.4
Slide 17: Net Interest Margin
Net Interest Margin Second Quarter First Quarter Second Quarter Securities - FTE 2.76% 3.02% 3.89% Loans - FTE 4.89 4.92 5.12 Total Earning Assets 4.63 4.72 5.01 Deposits 0.97 0.97 1.15 Borrowings 3.10 3.14 2.79 Total Costing Liabilities 1.10 1.10 1.27 Net Interest Margin - FTE 3.85 3.92 4.05
Slide 18: Noninterest Income
Noninterest Income Dollars in millions Second Quarter First Quarter Second Quarter Community Banking $ 5.9 $ 5.6 $ 6.6 Wealth Management 2.1 2.1 1.9 Insurance 2.2 2.1 2.0 Letters of Credit / Loan 0.7 0.5 0.8 Mortgage Banking 0.2 0.6 0.2 Other 0.1 0.1 (0.1) Total $11.2 $11.0 $11.4
Slide 19: Securities
Securities June 30, Mar. 31, June 30, Agencies $142 $125 $124 Agency CMO Agency MBS Municipals Equities FHLB Stock Total $358 $353 $340 All securities are classified as available-for sale Dollars in millions
Slide 20: Deposits
Deposits Dollars in millions June 30, Mar. 31, June 30, Noninterest-bearing Demand $ 802 $ 803 $ 733 Interest-bearing Demand Money Market Savings Certificates of Deposit < $100K Certificates Of Deposit > $100K Total $3,254 $3,306 $3,297
Slide 21: Capital Ratios
Capital Ratios June 30 Mar. 31 June 30 Well- Capitalized Leverage * 11.49% 11.19% 10.64% 5.00% Tier 1 – Risk-Based Capital * 14.31 13.54 12.52 6.00 Total – Risk-Based Capital * 17.83 16.99 15.87 10.00 Tangible Common Equity / Tangible Assets 8.08 7.70 7.23 NA * Includes CPP of $108.7 million
Slide 22: S&T Bancorp Capital
S&T Bancorp Capital * * Total Risk-Based Capital Well Capitalized
Slide 23: The S&T Road Map: Collaborating Around The Customer
THE S&T ROAD MAP: Collaborating Around The Customer Customer value proposition
Slide 24: eee eee
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