Company: SYBT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001437749-25-024786
Chunk: 53

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 53
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 as of June 30, 2025 and December 31, 2024, respectively.

53

Financial results by operating segment, including significant expense categories provided to the chief operating decision maker, are detailed below:

			Three months ended June 30, 2025

			Three months ended June 30, 2024

			Commercial 

			Commercial 

			(in thousands)

			Banking 

			WM&T

			Total 

			Banking 

			WM&T

			Total 

			Net interest income

			$
			73,184

			$
			289

			$
			73,473

			$
			61,790

			$
			232

			$
			62,022

			Provision for credit losses

			2,175

			—

			2,175

			1,300

			—

			1,300

			Net interest income after provision expense

			71,009

			289

			71,298

			60,490

			232

			60,722

			Non-interest income:

			Wealth management and trust services

			—

			10,483

			10,483

			—

			10,795

			10,795

			All other non-interest income

			13,865

			—

			13,865

			12,860

			—

			12,860

			Total non-interest income

			13,865

			10,483

			24,348

			12,860

			10,795

			23,655

			Non-interest expenses:

			Compensation and employee benefits

			27,652

			4,957

			32,609

			25,520

			4,200

			29,720

			Net occupancy and equipment

			3,779

			246

			4,025

			3,570

			249

			3,819

			Technology and communication

			4,066

			707

			4,773

			4,102

			792

			4,894

			Intangible amortization

			573

			342