Slide 1: Second Quarter 2012
Second Quarter 2012 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: Merger Overview
Merger Overview S&T Bancorp, Inc. Mainline Bancorp, Inc. Gateway Bank of PA Total Assets $4,120.0 $235.8 $120.3 Gross Loans 3,132.6 133.7 101.5 Total Deposits 3,335.9 205.9 96.9 Total Equity 490.5 22.1 15.2 Book Value Per Share 17.44 56.65 8.84 Tangible Book Value Per Share 11.36 56.35 8.84 Total Br
Slide 5: Common Return on Assets
Common Return on Assets * 2012 peer banks per 2012 proxy statement ** YTD June 30, 2012, Annualized ** STBA PA Banks Peer Bank Median 0.0% 0.1% 0.2% 0.3% 0.4% 0.5% 0.6% 0.7% 0.8% 0.9% 1.0% 0.0% 0.1% 0.2% 0.3% 0.4% 0.5% 0.6% 0.7% 0.8% 0.9% 1.0% Peer Bank Median STBA PA Banks
Slide 6: Common Return on Equity
Common Return on Equity * 2012 peer banks per 2012 proxy statement ** YTD June 30, 2012, Annualized STBA PA Banks ** Peer Bank Median 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% STBA PA Banks Peer Bank Median
Slide 7: Quarterly Summary
Quarterly Summary Second Quarter First Quarter Second Quarter Net Income Available to Common Shareholders $8.6 $3.5 $13.4 Diluted Earnings per Common Share $0.30 $0.12 $0.48 Common Return on Average Assets * 0.80% 0.34% 1.31% Common Return on Average Equity * 6.80% 2.82% 9.15% Dollars in millions, e
Slide 8: Income Statement
Income Statement Dollars in millions, except per share data * Refer to appendix for reconciliation of Non-GAAP financial measures Second Quarter First Quarter Second Quarter Net Interest Income – FTE * $34.9 $34.5 $35.6 Noninterest Income 12.5 12.2 11.2 Total Revenue 47.4 46.7 46.8 Noninterest Expen
Slide 9: Balance Sheet
Balance Sheet Dollars in millions June 30, March 31, June 30, Securities $ 387 $ 383 $ 358 Interest Bearing Balances Loans, Net 3,151 3,154 3,145 Other Total Assets $4,347 $4,331 $4,058 Deposits $3,518 $3,522 $3,254 Borrowings Other Liabilities Equity Total Liabilities & Equity $4,347 $4,331 $4,058
Slide 10: Loan Portfolio
Loan Portfolio Dollars in millions June 30, March 31, June 30, Consumer Home Equity $ 434 $ 442 $ 432 Residential Mortgage Installment and Other Consumer Construction Total Consumer Commercial Commercial Real Estate 1,402 1,417 1,442 Commercial & Industrial Construction Total Commercial 2,282 2,289
Slide 11: Asset Quality
Asset Quality * QTD annualized June 30, Mar. 31, June 30, Nonperforming Loans / Total Loans 2.16% 2.02% 1.96% Nonperforming Assets / Total Loans Plus OREO 2.25 2.12 2.18 Net Charge-offs / Average Loans* 1.02 1.32 0.59 Loan Loss Reserve / Total Loans 1.46 1.49 1.81 Loan Loss Reserve / Nonperforming L
Slide 12: Nonperforming Loans
Nonperforming Loans 53.8 2.47 56.3 Total Commercial 7.4 8.38 13.6 Construction 8.1 0.94 6.8 Commercial & Industrial 38.3 2.56 35.9 Commercial Real Estate Commercial 8.7 1.40 12.8 Total Consumer - 18.07 0.4 Construction - - - Installment and Other Consumer 6.2 2.25 9.0 Residential Mortgage $ 2.5 0.78
Slide 13: Construction & CRE by Type
Construction & CRE by Type Type June 30, % of Total June 30, Change Retail/Strip Malls $ 288 $ 286 $ 2 Offices (18) Hotels Residential Rental Properties (50) Healthcare/Education ( 4) Manuf/Industrial/Warehouse RE Develop – CL Flex/Mixed Used (16) RE Develop – Residential (24) Miscellaneous ( 3) Tot
Slide 14: Construction & CRE – NPL by Type
Construction & CRE – NPL by Type Type June 30, % NPL June 30, Retail/Strip Malls $ 8.1 2.83 $ 2.9 Offices 4.2 2.04 6.6 Hotels 0.7 0.35 1.5 Residential Rental Properties 3.4 2.00 4.6 Healthcare/Education 0.6 0.56 0.8 Manuf/Industrial/Warehouse 4.3 3.99 4.4 RE Develop – CL 6.6 6.45 1.1 Flex/Mixed Used
Slide 15: Net Interest Margin
Net Interest Margin Second Quarter First Quarter Second Quarter Securities - FTE 3.15% 3.29% 3.44% Interest Bearing Deposits-FTE 0.22 0.20 0.24 Loans - FTE 4.67 4.74 4.89 Total Earning Assets-FTE 4.14 4.31 4.63 Deposits 0.68 0.75 0.97 Borrowings 1.75 1.82 3.10 Total Costing Liabilities 0.77 0.84 1.1
Slide 16: Noninterest Income
Noninterest Income Dollars in millions Second Quarter First Quarter Second Quarter Service Charges on Deposit Accounts $ 2.4 $ 2.4 $ 2.4 Debit and Credit Card 2.8 2.7 2.7 Mortgage Banking 0.7 0.7 0.3 Wealth Management 2.6 2.4 2.1 Insurance 2.1 2.2 2.2 Other 1.9 1.8 1.5 Total $12.5 $12.2 $11.2
Slide 17: Securities
Securities June 30, March 31, June 30, Agencies $173 $160 $142 Agency CMO Agency MBS Municipals Equities FHLB Stock Total $387 $383 $358 All securities are classified as available-for sale Dollars in millions
Slide 18: Deposits
Deposits Dollars in millions June 30, Mar. 31, June 30, Noninterest-bearing Demand $ 887 $ 860 $ 802 Interest-bearing Demand Money Market Savings Certificates of Deposit < $100K Certificates Of Deposit > $100K Total $3,518 $3,522 $3,254
Slide 19: Capital Ratios
Capital Ratios June 30, Mar. 31, June 30, ** Well- Capitalized Leverage 8.94% 9.20% 11.49% 5.00% Tier 1 – Risk-Based Capital 11.82 11.62 14.31 6.00 Total – Risk-Based Capital 15.33 15.14 17.83 10.00 Tangible Common Equity / Tangible Assets * 7.99 7.87 8.08 NA ** Includes CPP of $108.7 million * Refe
Slide 20: Marcellus Shale Distribution
Marcellus Shale Distribution
Slide 21: Appendix – Non-GAAP Measures
Second Quarter First Quarter Second Quarter Interest Income per Consolidated Statements of Income $39.4 $39.1 $41.8 Adjustment to Fully Taxable-equivalent Basis 1.1 1.2 1.0 Interest Income Adjusted to Fully Taxable-equivalent Basis 40.5 40.3 42.8 Interest Expense per Consolidated Statements of Incom
Slide 22: Appendix – Non-GAAP Measures
Second Quarter First Quarter Second Quarter Securities 2.67% 2.82% 3.05% Adjustment to Fully Taxable-equivalent Basis 0.48 0.47 0.39 Securities Adjusted to Fully Taxable-equivalent Basis 3.15 3.29 3.44 Interest-bearing Deposits 0.22 0.20 0.24 Adjustment to Fully Taxable-equivalent Basis 0.00 0.00 0.
Slide 23: Appendix – Non-GAAP Measures (cont.)
June 30, Mar. 31, June 30, Tangible Common Equity/Tangible Assets Common Equity/Assets (GAAP Basis) 11.74% 11.65% 11.98% Effect of Excluding Intangible Assets -3.75% -3.78% -3.90% Tangible Common Equity/Tangible Assets 7.99% 7.87% 8.08% APPENDIX – Non-GAAP Measures /cont./