S&T Bancorp's Charge-Offs Sit at 0.05%, But Its Loan Book Is Concentrated in One Region
S&T Bancorp, the Indiana, Pennsylvania-based holding company for S&T Bank, reports net charge-offs of just 0.05% of average loans. Analysts flag that geographic concentration in Pennsylvania and the Mid-Atlantic, particularly in commercial real estate, could mean credit quality deteriorates faster than the current numbers suggest.
Salvado•