Company: SYBT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001437749-25-024786
Chunk: 81

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 81
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			8,006,281

			7,368,502

			Stockholders’ equity

			980,803

			878,233

			Total liabilities and stockholders' equity

			$
			8,987,084

			$
			8,246,735

			Net interest income

			$
			73,560

			$
			62,113

			Net interest spread

			2.87
			%

			2.52
			%

			Net interest margin

			3.53
			%

			3.26
			%

68

Average Balance Sheets and Interest Rates (FTE) – Six-Month Comparison

			Six months ended June 30,

			2025

			2024

			Average

			Average

			Average

			Average

			(dollars in thousands)

			Balance

			Interest

			Rate

			Balance

			Interest

			Rate

			Interest earning assets:

			Federal funds sold and interest bearing due from banks

			$
			215,280

			$
			4,731

			4.43
			%
			 
			$
			156,251

			$
			4,253

			5.47
			%

			Mortgage loans held for sale

			6,442

			155

			4.85

			5,417

			105

			3.90

			Investment securities:

			Taxable

			1,323,723

			16,547

			2.52

			1,454,815

			14,782

			2.04

			Tax-exempt

			72,911

			1,008

			2.79

			80,317

			970

			2.43

			Total securities

			1,396,634

			17,555

			2.53

			1,535,132

			15,752

			2.06

			Federal Home Loan Bank stock

			26,602

			1,194

			9.05

			25,428

			938