Company: SYBT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001437749-25-024786
Chunk: 110

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 110
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			0.00
			%

			Home equity lines of credit

			(10
			)

			254,471

			0.00
			%

			2

			215,497

			0.00
			%

			Consumer

			(350
			)

			141,795

			-0.25
			%

			(155
			)

			147,048

			-0.11
			%

			Leases

			-

			14,846

			0.00
			%

			-

			16,444

			0.00
			%

			Credit cards

			(103
			)

			25,704

			-0.40
			%

			(66
			)

			23,904

			-0.28
			%

			Total

			$
			629

			$
			6,672,594

			0.01
			%
			 
			$
			531

			$
			5,891,363

			0.01
			%

While separate from the ACL for loans and recorded in other liabilities on the consolidated balance sheets, the ACL for off balance sheet credit exposures was reduced between December 31, 2024 and June 30, 2025. Negative provision (credit to expense) of $75,000 for off balance sheet credit exposures was recorded for the six months ended June 30, 2025, as line of credit utilization improved during the first half of 2025, reducing the reserve necessary for line availability. The ACL for off balance sheet credit exposures totaled $6.7 million and $6.8 million as of June 30, 2025 and December 31, 2024.

83

Premises and Equipment

Premises and equipment are presented on the consolidated balance sheets net of related depreciation on the respective assets, as well as fair value adjustments associated with purchase accounting. Premises and equipment increased $1 million, or 1%, between December 31, 2024 and June 30, 2025. Bancorp’s branch network currently consists of 73 locations throughout Louisville, central, eastern and northern, Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio markets.

Premises held for sale