Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 21

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 21
---
$
			6,156

			$
			7,600

			$
			6,840

			$
			8,360

			Amortization

			(342
			)

			(380
			)

			(1,026
			)

			(1,140
			)

			Balance at end of period

			$
			5,814

			$
			7,220

			$
			5,814

			$
			7,220

Future CDI and CLI amortization expense is estimated as follows:

			(in thousands)

			CDI

			CLI

			Remainder of 2025

			$
			573

			$
			342

			2026

			1,979

			1,216

			2027

			1,668

			1,064

			2028

			1,311

			912

			2029

			888

			760

			Thereafter

			841

			1,520

			Total future expense

			$
			7,260

			$
			5,814

30

			(6)

			Other Assets

A summary of the major components of other assets follows:

			September 30,

			December 31,

			(in thousands)

			2025

			2024

			Cash surrender value of life insurance other than BOLI

			$
			21,906

			$
			19,895

			Net deferred tax asset

			46,164

			51,646

			Investments in tax credit partnerships

			193,793

			185,424

			Derivative assets

			619

			12,437

			Prepaid assets

			6,530

			6,369

			WM&T fees receivable

			5,163

			4,523

			Mortgage servicing rights

			10,447

			11,333

			Other real estate owned

			190

			10

			Other

			16,768

			17,113

			Total other assets

			$
			301,580