Profile: S&T Bancorp Inc (STBA.O)
S&T Bancorp, Inc. (S&T), incorporated on March 17, 1983, is a bank holding company. The Company operates through three segments: Community Banking, Wealth Management and Insurance. The Company's subsidiaries include S&T Bank, 9th Street Holdings, Inc. and STBA Capital Trust I. It also owns an interest in Commonwealth Trust Credit Life Insurance Company (CTCLIC). The Company's subsidiary, S&T Bank, is a full service bank. S&T Bank is engaged in providing services to its customers through locations in Pennsylvania, Ohio and New York. S&T Bank has three subsidiaries: S&T Insurance Group, LLC, S&T Bancholdings, Inc. and Stewart Capital Advisors, LLC. The Company is engaged in nonbanking activities through five entities: 9th Street Holdings, Inc.; S&T Bancholdings, Inc.; CTCLIC; S&T Insurance Group, LLC, and Stewart Capital Advisors, LLC. 9th Street Holdings, Inc. and S&T Bancholdings, Inc. are investment holding companies.
The Company's Community Banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans. As of December 31, 2016, Community Banking segment had 66 locations, including 61 branches located in 16 counties in Pennsylvania.
The Wealth Management segment offers brokerage services, serves as executor and trustee under wills and deeds and as guardian and custodian of employee benefits and provides other trust services. In addition, it is a registered investment advisor that manages private investment accounts for individuals and institutions.
The Company's insurance segment includes an insurance agency. It offers commercial property and casualty insurance, group life and health coverage, employee benefit solutions and personal insurance lines.
S&T Bancorp Inc
800 Philadelphia St
PO Box 190
INDIANA PA 15701-0190