Company: SYBT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001437749-25-024786
Chunk: 16

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 16
---
 loans and have been placed on non-accrual status. Loans are usually placed on non-accrual status when prospects for recovering both principal and accrued interest are considered doubtful or when a default of principal or interest has existed for 90 days or more.

Doubtful – Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or repayment in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. A loan is typically charged off once it is classified as doubtful.

Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination. Current period renewals of credit are re-underwritten at the point of renewal and considered current period originations for purposes of the table below. Bancorp has elected not to disclose revolving loans that have converted to term loans, as activity relating to this disclosure, which is included in the tables is currently immaterial to Bancorp’s loan portfolio and is expected to be in the future.

22

As of June 30, 2025, the risk rating of loans based on year of origination was as follows:

			Revolving

			loans

			(in thousands)

			Term Loans Amortized Cost Basis by Origination Year

			amortized

			June 30, 2025

			2025

			2024

			2023

			2022

			2021

			Prior

			cost basis

			Total

			Commercial real estate -  non-owner occupied:

			Risk rating

			Pass

			$
			331,158

			$
			365,753

			$
			296,719

			$
			348,590

			$
			275,647

			$
			290,424

			$
			27,561

			$
			1,935,852

			OAEM

			4,974

			2,285

			11,782

			2,442

			10,548

			14,608

			-

			46,639

			Substandard

			1,534

			1,538

			-

			-

			-

			217

			98