Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 58

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 58
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	1,872

			14,438

			12,585

			1,878

			14,463

			Intangible amortization

			1,718

			1,026

			2,744

			2,015

			1,140

			3,155

			Other direct and indirect/allocated expenses

			28,545

			1,557

			30,102

			25,923

			1,737

			27,660

			Total non-interest expenses

			137,629

			19,929

			157,558

			128,604

			17,918

			146,522

			Income before income tax expense

			117,523

			12,751

			130,274

			89,867

			15,355

			105,222

			Income tax expense

			23,971

			2,767

			26,738

			19,045

			3,332

			22,377

			Net income

			$
			93,552

			$
			9,984

			$
			103,536

			$
			70,822

			$
			12,023

			$
			82,845

			Total assets

			$
			9,273,951

			$
			33,425

			$
			9,307,376

			$
			8,403,147

			$
			34,133

			$
			8,437,280

54

			(23) 

			Revenue from Contracts with Customers

All of Bancorp’s revenue from contracts with customers in the scope of ASC 606 is recognized within non-interest income. The table below presents Bancorp’s sources of non-interest income with items outside the scope of ASC 606 noted as such:

			Three months ended September 30, 2025

			Three months ended September 30, 2024

			(in thousands)

			Commercial

			Banking

			WM&T

			Total

			Commercial

			Banking

			WM&T

			Total

			Wealth management and trust services