8-K

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) September 13, 2011

S&T Bancorp, Inc.

(Exact Name of Registrant as Specified in its Charter)

Pennsylvania	0-12508	25-1434426
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
800 Philadelphia Street, Indiana, PA		15701
(Address of Principal Executive Offices)		Zip Code

Registrant’s telephone number, including area code (800) 325-2265

Not Applicable

Former name or address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))P

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01.   –  Regulation FD Disclosure

The attached investor presentation contains financial data that members of management will use from time to time through September 30, 2011, during visits with investors, analysts and other interested parties to assist in their understanding of S&T Bancorp, Inc. (“S&T”). This investor presentation is available in the Events and Presentations section of S&T’s web site at www.stbancorp.com. A copy of the investor presentation is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

The information in this Current Report on Form 8-K is being furnished under Item 7.01 and shall not deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

This Form 8-K, including the investor presentation, contains “forward-looking statements” within the meaning of the safe harbor provisions of the federal securities laws. These statements are based on S&T’s expectations and involve risks and uncertainties that could cause our actual results to differ materially from those set forth in the statements. These risks are discussed in S&T’s filings with the Securities and Exchange Commission, including an extensive discussion of these risks in S&T’s Annual Report on Form 10-K for the year ended December 31, 2010. Such forward-looking statements speak only as of the date they are made, and S&T undertakes no obligation to update or revise any forward-looking statement. If S&T does update any forward-looking statement, no inference should be drawn that it will make additional updates with respect to that statement or any other forward-looking statements.

Item 9.01.   –  Financial Statements and Exhibits

(d) Exhibits.

99.1 Investor Presentation.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned thereunto duly authorized.

	S&T Bancorp, Inc.
September 13, 2011	/s/ Mark Kochvar
	Mark Kochvar Senior Executive Vice President, Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description of the Exhibit
99.1	Investor Presentation.

EX-99.1

Second Quarter 2011

Exhibit 99.1

Todd Brice

President and

Chief Executive Officer

Mark Kochvar

Sr. EVP and

Chief Financial Officer

3

Forward Looking Statement

and Risk Factor

•

This presentation contains certain forward-looking statements within the meaning of Section 27A

of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Forward-

looking statements include, among others, statements regarding trends, strategies, plans, beliefs,

intentions, expectations, goals and opportunities.  Forward looking statements are typically

identified by words or phrases such as believe, expect, anticipate, intend, estimate, assume,

strategy, plan, outlook, outcome, continue, remain, trend and variations of such words and similar

expressions,

or

future

or

conditional

verbs

such

as

will,

would,

should,

could,

may

or

similar

expressions.  Actual results and performance could differ materially from those anticipated by

these forward-looking statements.  Factors that could cause such a difference include, but are not

limited to, general economic conditions, changes in interest rates, deposit flows, loan demand,

asset quality, including real estate and other collateral values, and competition.

•

S&T cautions that these forward-looking statements are subject to numerous assumptions, risks

and uncertainties, which change over time.  These forward-looking statements speak only as of

the date hereof, and S&T assumes no duty to update forward-looking statements.  Subsequent

written

or

oral

statements

attributable

to

S&T

or

persons

acting

on

its

behalf

are

expressly

qualified in their entirety by the cautionary statements contained herein and those in S&T’s reports

previously and subsequently filed with the Securities and Exchange Commission.

4

S&T Bancorp Corporate Profile

Investor Highlights

•

Historically High Performing Bank

•

Experienced Management Team

•

Relationship Banking Model

•

Well-Positioned for Growth

5

6

*

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%

2006

2007

2008

2009

2010

2011 YTD**

STBA

BHC $3-10 B

Peer Bank Median*

PA Banks

7

Return on Equity

*

2011 peer banks per 2011 proxy statement

* *

Annualized

-5%

0%

5%

10%

15%

20%

-5%

0%

5%

10%

15%

20%

2006

2007

2008

2009

2010

2011 YTD**

BHC $3-10 B

PA Banks

Peer Bank Median*

STBA

8

Marcellus Shale Distribution

Marcellus Activity in S&T’s Market Area

Permits

Issued

Wells

Drilled

2009

283

114

2010

358

170

2011

*

296

126

*

January –

July 2011

Source: Pennsylvania DEP

9

10

11

11

Quarterly Summary

2011

2011

2010

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

12

12

Income Statement

Dollars in millions

2011

2011

2010

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)

(10.6)

(9.1)

Net Income Before Taxes

20.0

8.8

14.5

Taxes

(5.0)

(2.5)

(5.1)

Preferred Stock Dividends

(1.6)

(1.6)

(1.5)

Net Income Available to Common 

Shareholders

$ 13.4

$4.7

$7.9

Diluted Common Earnings per Share

$ 0.48

$0.17

$0.28

13

13

Balance Sheet

Dollars in millions

June 30,

2011

Mar. 31,

2011

June 30,

2010

Securities

$358

$353

$340

Loans, Net

3,145

3,243

3,343

Other

555

494

456

Total Assets

$4,058

$4,090

$4,139

Deposits

$3,254

$3,306

$3,297

Borrowings

164

158

227

Other

47

46

49

Equity

593

580

566

Total Liabilities & Equity

$4,058

$4,090

$4,139

14

14

Loan Portfolio

Dollars in millions

June 30,

2011

Mar. 31,

2011

June 30,

2010

Consumer

Home Equity    

$    432

$   436

$   451

Residential Mortgage

346

343

360

Consumer

70

71

77

Construction

3

4

10

Total Consumer

851

854

898

Commercial

Commercial Real Estate

1,442

1,489

1,424

Commercial & Industrial

691

714

734

Construction

208

245

337

Total Commercial

2,341

2,448

2,495

Total Portfolio Loans

3,192

3,302

3,393

Total Loans Held for Sale

11

2

4

Total Loans

$3,203

$3,304

$ 3,397

15

15

Asset Quality

*

YTD June 30, 2011 Annualized

June 30,

December 31,

2011

2010

2009

2008

2007

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

1.53

1.75

1.20

1.23

Loan Loss Reserve / Nonperforming Loans

93

80

66

101

204

16

Nonperforming Loans

86

2.30

53.8

Total Commercial

12

3.56

7.4

Construction

13

1.18

8.1

Commercial & Industrial  

61

2.65

38.3

Commercial Real Estate

Commercial

14

1.02

8.7

Total Consumer

-

-

-

Construction

-

-

-

Consumer Installment

10

1.78

6.2

Residential Mortgage

4

0.59

$    2.5

Home Equity

% of

Total NPL

Consumer

% NPL

June 30,

2011

Total Nonperforming Loans

100

1.96

$  62.5

Nonperforming

Loans

(NPL)

are

loans

where

collection

of

interest

or

principal

is

doubtful

or

generally

when

interest

or

principal

payments are 90 days or more past due.

Dollars in millions

Specific reserves $7.5

USDA Guarantee $6.8

16

17

Construction & CRE by Type

Type 

June 30,

2011

% of Total

June 30,

2010

Change

Retail/Strip Malls

$   286

17

$   298

$(12)

Miscellaneous

256

16 

247

9

Offices

221

13

224

(3)

Residential Rental Properties

220

13

286

(66)

Hotels

185

11

192

(7)

Healthcare/Education

109

7

95

14

Flex/Mixed Use

107

7

102

5

RE Develop –

CL

100

6

105

(5)

Manuf/Industrial/Warehouse

96

6

137

(41)

RE Develop –

Residential

70

4

75

(5)

Total

$1,650

100

$1,761

($111)

17

Dollars in millions

18

Construction & CRE –

NPL by Type

Type

June 30,

2011

% NPL

% of

Total NPL

Retail/Strip Malls

$ 2.9

1.01

6

Miscellaneous

16.2

6.33

36

Offices

6.6

2.98

14

Residential Rental Properties

4.6

2.09

10

Hotels

1.5

0.79

3

Healthcare/Education

0.8

0.74

2

Flex/Mixed Use

-

-

-

RE Develop –

CL

1.1

1.14

2

Manuf/Industrial/Warehouse

4.4

4.61

10

RE Develop –

Residential

7.6

10.85

17

Total

$45.7

2.77

100

18

Dollars in millions

19

Net Interest Margin

2011

2011

2010

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

20

Noninterest Income

Dollars in millions

2011

2011

2010

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

21

Securities

June 30,

2011

Mar. 31,

2011

June 30,

2010

Agencies

$142

$125

$124

Agency CMO

71

74

50

Agency MBS

55

59

54

Municipals

58

62

78

Equities

12

12

11

FHLB Stock

20

21

23

Total  

$358

$353

$340

All securities are classified as available-for sale

Dollars in millions

22

Deposits

Dollars in millions

June 30,

2011

Mar. 31,

2011

June 30,

2010

Noninterest-bearing Demand

$ 802

$ 803

$ 733

Interest-bearing Demand

284

286

260

Money Market

237

241

251

Savings

753

755

743

Certificates of Deposit < $100K

769

781

845

Certificates Of Deposit > $100K

409

440

465

Total  

$3,254

$3,306

$3,297

23

23

Capital Ratios

June 30

2011

Mar. 31

2011

June 30

2010

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

24

S&T

Bancorp

Capital

*

*

Total Risk-Based Capital

Well Capitalized

25

Second Quarter 2011