Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 6

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

			)

			21,713

			(1,285
			)

			Mortgage-backed securities

			-

			-

			159,701

			(18,001
			)

			159,701

			(18,001
			)

			Total HTM debt securities

			$
			-

			$
			-

			$
			183,379

			$
			(19,311
			)
			 
			$
			183,379

			$
			(19,311
			)

			December 31, 2024

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

			$
			-

			$
			-

			$
			153,109

			$
			(741
			)
			 
			$
			153,109

			$
			(741
			)

			Government sponsored enterprise obligations

			396

			(6
			)

			22,965

			(2,028
			)

			23,361

			(2,034
			)

			Mortgage-backed securities

			-

			-

			164,724

			(26,041
			)

			164,724

			(26,041
			)

			Total HTM debt securities

			$
			396

			$
			(6
			)
			 
			$
			340,798

			$
			(28,810
			)
			 
			$
			341,194

			$
			(28,816
			)

Applicable dates for determining when securities are in unrealized and unrecognized loss positions are September 30, 2025 and December 31, 2024. As such, it is possible that a security had a market value lower than its amortized cost on other days during the past 12 months, but is not in the “Less than 12 months” category of the preceding table.

14

For debt securities with unrealized and unrecognized loss positions, Bancorp evaluates the securities to determine whether the decline in the fair value below the amortized cost basis (impairment) is due to credit-related factors or non-credit related factors. Any impairment that is