Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 39

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 39
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			(107,764
			)

			(81,844
			)

			Net gain realized on sale of mortgage loans held for sale

			997

			843

			2,374

			1,868

			Balance, end of period

			$
			6,045

			$
			4,822

			$
			6,045

			$
			4,822

The following table represents the components of Mortgage banking income:

			Three months ended

			Nine months ended

			September 30,

			September 30,

			(in thousands)

			2025

			2024

			2025

			2024

			Net gain realized on sale of mortgage loans held for sale

			$
			997

			$
			843

			$
			2,374

			$
			1,868

			Net change in fair value recognized on loans held for sale

			26

			30

			2

			61

			Net change in fair value recognized on rate lock loan commitments

			18

			37

			239

			185

			Net change in fair value recognized on forward contracts

			(129
			)

			(218
			)

			(360
			)

			(109
			)

			Net gain recognized

			912

			692

			2,255

			2,005

			Net loan servicing income

			807

			827

			2,411

			2,605

			Amortization of mortgage servicing rights

			(581
			)

			(536
			)

			(1,714
			)

			(1,856
			)

			Change in mortgage servicing rights valuation allowance

			-

			-

			-

			-

			Net servicing income recognized

			226

			291

			697

			749

			Other mortgage banking income

			114

			129

			311

			323

			Total mortgage banking income

			$
			1,252

			$
			1,112

			$
			3,263

			$