Institution Statistics
| S&T Bank | | FDIC Certificate # | 11124 | | BankRate Report | View | | Year Established | 1902 | | Employees | 1001 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $4.38 billion | | Loans | $3.23 billion | | Deposits | $3.55 billion | | Equity Capital | $503.50 million | | Loan Loss Allowance | $46.48 million | | Unbacked Noncurrent Loans | $50.57 million | | Real Estate Owned | $911,000 |
Historic Data - December 2011 | | Assets | $4.10 billion | | Equity Capital | $474.66 million | | Loan Loss Allowance | $48.84 million | | Unbacked Noncurrent Loans | $51.47 million | | Real Estate Owned | $3.97 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.52% | | Return on Assets | 0.85% | | Return on Equity | 7.38% | | Interest Income | $154.07 million |
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Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 S&T Bank had $51.48 million in non-current loans and owned real-estate with $549.98 million in equity and loan loss allowances on hand to cover it. This gives S&T Bank a Texas Ratio of 9.36% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for S&T Bank held steady from 10.75% as of December 31, 2011 to 9.36% as of December 31, 2012, resulting in a positive change of 12.97%.This indicates that the balance sheet and financial strength for S&T Bank has held steady in recent periods. | | Deposit Growth |  | | In the past year, S&T Bank has increased its total deposits by $198.88 million, resulting in 5.94% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth S&T Bank has shown is excellent. | | Capitalization | | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. S&T Bank has $4.38 billion in assets with $549.98 million in equity, resulting in a capitalization level of 12.55%, which is excellent. |
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Average User Rating:
Not A Smooth Transition--Not Geared Toward Customer Service
Gateway Bank, a small local bank, has now become S&T Bank. It has been a very rough transition, to say the least. We used Gateway Bank for our law office banking, and I had a personal checking and home equity loan there. Let's start with our office's experience. We were never provided with the folder of information to help through the transition, and were only given a week's notice of when S&T would go "live" with our accounts. The customer service reps at S&T bank seemed to appear indignant that we were not totally prepared, even though they hadn't gotten the information to us to prepare, i.e., with our payroll service, nor did they offer to assist with this process, and indicated they were "hopeful" our first paychecks would clear. This left our employees unsure as to whether their paychecks would be processed in a timely fashion. Luckily, they were. My personal experience was setting up my online banking. I tried it three times, unsuccessfully, and eventually called the dreaded customer service number. After being on hold for a while, the rep did get me into the online banking system, and I asked her what I had done wrong. She said I had done nothing wrong, but it's very common to have to call in to have them do the last step. I asked why they didn't reveal that little gem of information online, and she said it's because some customers don't have to call to get it working. Now I look at my home equity loan statement, and there was more interest applied (as opposed to principal) than when I first got the loan! Back to the dreaded customer service line. I'm now waiting for a return call with an explanation. Think I'll get one??? My next call is to First National Bank to get my home equity loan refinanced--away from S&T!