Company: SYBT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001437749-25-024786
Chunk: 83

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 83
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			143,655

			1,439

			2.02

			156,153

			1,702

			2.19

			Federal funds purchased

			6,562

			142

			4.36

			10,144

			275

			5.45

			Federal Home Loan Bank advances

			384,530

			7,649

			4.01

			357,967

			8,260

			4.64

			Subordinated debentures

			26,806

			819

			6.16

			26,800

			1,031

			7.74

			Total interest bearing liabilities

			6,269,701

			82,141

			2.64

			5,566,338

			74,757

			2.70

			Non-interest bearing liabilities:

			Non-interest bearing demand deposits

			1,457,813

			1,508,155

			Accrued interest payable and other

			245,741

			255,940

			Total liabilities

			7,973,255

			7,330,433

			Stockholders’ equity

			967,495

			869,616

			Total liabilities and stockholders' equity

			$
			8,940,750

			$
			8,200,049

			Net interest income

			$
			144,196

			$
			122,279

			Net interest spread

			2.85
			%

			2.50
			%

			Net interest margin

			3.50
			%

			3.23
			%

69

Supplemental Information - Average Balance Sheets and Interest Rates (FTE)

			●

			Average loan balances include the principal balance of non-accrual loans, as well as unearned income such as loan premiums, discounts, fees/costs and exclude participation loans accounted for as secured borrowings. Participation loans accounted for as secured borrowings averaged $2 million for the three month periods ended both June 30, 2025 and 2024, respectively. Participation loans accounted for as secured borrowings