Company: SYBT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001437749-25-014698
Chunk: 69

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 69
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31,

			2025

			2024

			Average

			Average

			Average

			Average

			(dollars in thousands)

			Balance

			Interest

			Rate

			Balance

			Interest

			Rate

			Interest earning assets:

			Federal funds sold and interest bearing due from banks

			$
			180,439

			$
			2,001

			4.50
			%
			 
			$
			153,990

			$
			2,096

			5.47
			%

			Mortgage loans held for sale

			5,732

			77

			5.45

			4,629

			31

			2.69

			Investment securities:

			Taxable

			1,382,322

			8,495

			2.49

			1,497,641

			7,657

			2.06

			Tax-exempt

			73,604

			498

			2.74

			80,760

			482

			2.40

			Total securities

			1,455,926

			8,993

			2.51

			1,578,401

			8,139

			2.07

			Federal Home Loan Bank stock

			30,838

			532

			7.00

			21,121

			468

			8.91

			Loans

			6,597,388

			99,647

			6.13

			5,808,924

			85,908

			5.95

			Total interest earning assets

			8,270,323

			111,250

			5.46

			7,567,065

			96,642

			5.14

			Less allowance for credit losses on loans

			89,624

			82,470

			Non-interest earning assets:

			Cash and due from banks

			76,170

			71,275

			Premises and equipment, net

			115,772

			108,081