Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 92

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 92
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	(16
			)

			(1
			)

			8,601

			8,389

			212

			3

			Mortgage banking income

			1,252

			1,112

			140

			13

			3,263

			3,077

			186

			6

			Net investment product sales commissions and fees

			1,112

			915

			197

			22

			3,102

			2,580

			522

			20

			Bank owned life insurance

			631

			634

			(3
			)

			(0
			)

			1,882

			1,817

			65

			4

			Gain on sale of premises and equipment

			-

			(59
			)

			59

			(100
			)

			74

			(39
			)

			113

			(290
			)

			Other

			564

			928

			(364
			)

			(39
			)

			2,281

			2,084

			197

			9

			Total non-interest income

			$
			24,476

			$
			24,797

			$
			(321
			)

			(1
			)%
			 
			$
			71,820

			$
			71,723

			$
			97

			0
			%

Total non-interest income decreased $321,000, or 1%, and increased $97,000, or less 1%, for the three and nine month periods ended September 30, 2025, respectively, compared to the same periods of 2024. Non-interest income comprised 24.1% and 24.5% of total revenues, defined as net interest income and non-interest income, for the three and nine month periods ended September 30, 2025 compared to 27.6% and 27.7% for the same periods of 2024, respectively. The decreases from prior year were attributed to the sharp rise in net interest income compared to prior year. WM&T services comprised