Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 96

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 96
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,591

			1,475,683

			408,602

			1,884,285

			Personal investment retirement

			1,015,516

			17,400

			1,032,916

			937,493

			21,536

			959,029

			Company retirement

			54,419

			681,554

			735,973

			54,626

			679,539

			734,165

			Foundation and endowment

			521,355

			7,628

			528,983

			497,890

			7,383

			505,273

			Subtotal

			$
			5,991,124

			$
			1,226,257

			$
			7,217,381

			$
			5,610,925

			$
			1,183,086

			$
			6,794,011

			Custody and safekeeping

			—

			263,020

			263,020

			—

			271,491

			271,491

			Total AUM

			$
			5,991,124

			$
			1,489,277

			$
			7,480,401

			$
			5,610,925

			$
			1,454,577

			$
			7,065,502

(1) Non-managed assets represent those for which the WM&T department does not hold investment discretion.

As of September 30, 2025 and December 31, 2024, approximately 80% and 79% of AUM were actively managed, respectively. Company retirement plan accounts consist primarily of participant-directed assets. The amount of custody and safekeeping accounts are insignificant to overall WM&T operations.

73

Managed AUM by Class of Investment:

			(in thousands)

			September 30, 2025

			December 31, 2024

			Interest bearing deposits

			$
			402,664

			$
			460,521

			Treasury and government agency obligations

			212,183

			194,461

			State, county and municipal obligations

			407,