Company: SYBT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001437749-25-014698
Chunk: 35

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 35
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 Bank stock

			21,603

			21,603

			—

			21,603

			—

			Loans, net

			6,433,459

			6,256,752

			—

			—

			6,256,752

			Accrued interest receivable

			27,697

			27,697

			27,697

			—

			—

			Liabilities

			Non-interest bearing deposits

			$
			1,456,138

			$
			1,456,138

			$
			1,456,138

			$
			—

			$
			—

			Transaction deposits

			4,472,475

			4,472,475

			—

			4,472,475

			—

			Time deposits

			1,237,788

			1,236,463

			—

			1,236,463

			—

			Securities sold under agreement to repurchase

			162,967

			162,967

			—

			162,967

			—

			Federal funds purchased

			6,525

			6,525

			—

			6,525

			—

			Subordinated debentures

			26,806

			26,346

			—

			26,346

			—

			FHLB advances

			300,000

			294,848

			—

			294,848

			—

			Accrued interest payable

			1,912

			1,912

			1,912

			—

			—

Fair value estimates are made at a specific point in time based on relevant market information and information about financial instruments. Because no market exists for a significant portion of Bancorp’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Therefore, calculated fair value estimates in many instances cannot be substantiated by comparison to independent markets and, in many cases, may not be realizable in a current sale of the instrument. Changes in assumptions could significantly impact estimates