Company: SYBT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001437749-25-014698
Chunk: 9

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 9
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			6,520,402

(1) Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs.

Accrued interest receivable on loans, which is excluded from the amortized cost of loans, totaled $24 million and $23 million at March 31, 2025 and December 31, 2024, respectively, and was included in the condensed consolidated balance sheets.

Loans with carrying amounts of $3.55 billion and $3.48 billion were pledged to secure FHLB borrowing capacity at March 31, 2025 and December 31, 2024, respectively.

Loans to directors and their related interests, including loans to companies for which directors are principal owners and executive officers, totaled $91 million and $97 million as of March 31, 2025 and December 31, 2024, respectively.

15

ACL for Loans

The tables below reflects activity in the ACL for loans:

			(in thousands) 

			Three Months Ended March 31, 2025

			Beginning 
			Balance

			Provision for 

			Credit Losses 

			on Loans

			Charge-offs

			Recoveries

			Ending 

			Balance

			Commercial real estate - non-owner occupied

			$
			13,935

			$
			663

			$
			-

			$
			18

			$
			14,616

			Commercial real estate - owner occupied

			10,192

			1,647

			-

			-

			11,839

			Total commercial real estate

			24,127

			2,310

			-

			18

			26,455

			Commercial and industrial - term

			21,284

			(764
			)

			(260
			)

			1,417

			21,677

			Commercial and industrial - lines of credit

			6,496

			133

			-

			-

			6,629

			Total commercial and industrial

			27,780

			(631
			)

			(260
			)

			1,417

			28,306

			Residential real estate - owner occupied

			14,468

			(983