S&T Bancorp Inc. Announces Retirement of Director John N. Brenzia
January 25, 2013 at 01:01 am IST
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S&T Bancorp Inc. has announced the retirement of John N. Brenzia, board of directors since 2008 who serves on the audit committee and the nominating and corporate governance committee. Brenzia's retirement from the S&T Bancorp Inc. Board of directors will be made official at the 2013 annual meeting of shareholders.
S&T Bancorp, Inc. is a bank holding company. The Companyâs segments include Commercial Real Estate (CRE), Commercial and Industrial (C&I), Commercial Construction, Business Banking, Consumer Real Estate and Other Consumer. The CRE segment includes loans secured by commercial purpose real estate, including both owner-occupied properties and investment properties for various purposes such as hotels, retail, multifamily and healthcare. The C&I segment includes loans made to operating companies or manufacturers for the purpose of production, operating capacity, accounts receivable, inventory, or equipment financing. The Commercial Construction segment includes loans made to finance the construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. The Business Banking segment includes commercial loans made to small businesses. Consumer Real Estate segment includes loans secured by first and second liens.