S&T Bancorp, inc (STBA) Q3 2021 Earnings Call Transcript

·33-min read
S&T Bancorp, inc (STBA) Q3 2021 Earnings Call Transcript

For the quarter, we also experienced total consumer loan growth of $38 million, driven primarily by residential mortgage balance increases, which are primarily the result of a shift in customer activity away from refinancing to purchase where our balance sheet products are preferred. Net interest income improved by about $400,000 compared to the second quarter.

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