Company: SYBT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001437749-25-024786
Chunk: 63

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 63
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			integration of acquired financial institutions, businesses or future acquisitions;

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			changes in the credit quality of Bancorp’s customers and counterparties, deteriorating asset quality and charge-off levels;

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			changes in technology instituted by Bancorp, its counterparties or competitors;

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			changes to or the effectiveness of Bancorp’s overall internal control environment;

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			adequacy of Bancorp’s risk management framework, disclosure controls and procedures and internal control over financial reporting;

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			changes in applicable accounting standards, including the introduction of new accounting standards;

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			changes in investor sentiment or behavior;

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			changes in consumer/business spending or savings behavior;

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			ability to appropriately address social, environmental and sustainability concerns that may arise from business activities;

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			occurrence of natural or man-made disasters or calamities, including health emergencies, the spread of infectious diseases, pandemics or outbreaks of hostilities, and Bancorp’s ability to deal effectively with disruptions caused by the foregoing;

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			ability to maintain the security of its financial, accounting, technology, data processing and other operational systems and facilities;

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			ability to withstand disruptions that may be caused by any failure of its operational systems or those of third parties;

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			ability to effectively defend itself against cyberattacks or other attempts by unauthorized parties to access information of Bancorp, its vendors or its customers or to disrupt systems; and

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			other risks and uncertainties reported from time-to-time in Bancorp’s filings with the SEC, including Part I Item 1A “Risk Factors” of Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2024.

			Issued but Not Yet Effective Accounting Standards Updates 

For disclosure regarding the impact to Bancorp’s financial statements of issued-but-not-yet-effective ASUs, see the footnote titled “Summary of Significant Accounting Policies” of Part I Item 1 “Financial Statements.”

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			Business Segment Overview

Bancorp is divided into two reportable segments: Commercial Banking and WM&T:

Commercial Banking provides a full range of loan and deposit products to individual consumers and businesses in all its markets through retail lending, mortgage banking, deposit services, online banking, mobile banking, private banking, commercial lending, commercial