Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 33

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 33
---
	Total assets

			$
			—

			$
			744,676

			$
			—

			$
			744,676

			Liabilities:

			Interest rate swap liabilities

			$
			—

			$
			2,551

			$
			—

			$
			2,551

			Fair Value Measurements Using:

			Total

			December 31, 2024 (in thousands)

			Level 1

			Level 2

			Level 3

			Fair Value

			Assets:

			Available for sale debt securities:

			U.S. Treasury and other U.S. Government obligations

			$
			198,215

			$
			—

			$
			—

			$
			198,215

			Government sponsored enterprise obligations

			—

			84,158

			—

			84,158

			Mortgage backed securities - government agencies

			—

			590,977

			—

			590,977

			Obligations of states and political subdivisions

			—

			114,234

			—

			114,234

			Other

			—

			2,530

			—

			2,530

			Total available for sale debt securities

			198,215

			791,899

			—

			990,114

			Mortgage loans held for sale

			—

			6,286

			—

			6,286

			Rate lock loan commitments

			—

			255

			—

			255

			Mandatory forward contracts

			—

			56

			—

			56

			Interest rate swap assets

			—

			12,437

			—

			12,437

			Total assets

			$
			198,215

			$
			810,933

			$
			—

			$
			1,009,148

			Liabilities:

			Interest rate swap liabilities

			$
			—

			$
			8,589

			$
			—

			$
			8,589

There were no transfers into or out of Level 3 of the fair value hierarchy during 2025 or 2024.