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/FIRST AND FINAL ADD -- PG003 -- S&T BANCORP EARNINGS/

 /FIRST AND FINAL ADD -- PG003 -- S&T BANCORP EARNINGS/
 S&T BANCORP, INC. AND SUBSIDIARIES
 Selected Financial Data
 (unaudited)
 Summary of Earnings: (000's omitted)
 Three Months ended March 31 1992 1991
 Interest income $22,162 $18,948
 Interest or possible loan losses 645 1,000
 Net interest income after
 provision for possible loan losses 9,695 7,380
 Other income 1,232 1,079
 Other expenses 7,082 5,458
 Income before income taxes 3,845 3,001
 Income tax expense 897 335
 Net income 2,948 2,666
 Per Share Data:
 Earnings per share $1.06 $0.95
 Dividends per share $0.35 $0.35
 Average shares outstanding 2,792,037 2,809,690
 Book value per share
 period end $35.95 $33.09
 Balance Sheet Data: (000's omitted)
 (totals at period end)
 Assets $1,061,672 $820,366
 Investment securities 369,316 159,712
 Loans, net of unearned income 629,076 560,097
 Allowance for possible loan losses 9,409 9,068
 Deposits/repos 949,628 716,665
 Shareholders' equity 100,358 92,780
 Significant Ratios:
 Return on average assets (A) 1.13 pct. 1.31 pct.
 Return on average equity (A) 11.96 pct. 11.68 pct.
 Shareholders' equity as a pct. of
 period - end assets 9.45 pct. 11.31 pct.
 Total risk based capital
 (1992 guidelines) 17.00 pct. 17.35 pct.
 Allowance for loan losses as a
 pct. of net loans 1.50 pct. 1.62 pct.
 Net chargeoffs as a pct. of
 average loans (A) 0.36 pct. 0.59 pct.
 Nonperforming loans as a pct.
 of total loans 0.66 pct. 1.14 pct.
 (A) Annualized
 Note: Included in the 1992 totals are the acquisition effects of Vanguard Savings Bank, FSB (Vanguard) on July 5, 1991, and three branches of Atlantic Financial, FA (Atlantic) on Nov. 15, 1991. Both of these institutions were in conservatorship and acquired from the Resolution Trust Corporation. Total deposits acquired from Vanguard were $112.2 million and Atlantic deposits totaled $99.6 million.
 -0- 4/21/92 AA PG003
 /END FIRST AND FINAL/
 (STBA) CO: S&T Bancorp, Inc. ST: Pennsylvania IN: FIN SU: ERN


CD-PT -- PG003A -- 0384 04/21/92 08:44 EDT
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Publication:PR Newswire
Date:Apr 21, 1992
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