Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 83

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 83
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			Total interest bearing liabilities

			6,439,410

			43,235

			2.66

			5,701,063

			40,743

			2.84

			Non-interest bearing liabilities:

			Non-interest bearing demand deposits

			1,540,029

			1,510,515

			Accrued interest payable and other

			221,886

			262,753

			Total liabilities

			8,201,325

			7,474,331

			Stockholders’ equity

			1,015,478

			910,274

			Total liabilities and stockholders' equity

			$
			9,216,803

			$
			8,384,605

			Net interest income

			$
			77,119

			$
			65,064

			Net interest spread

			2.90
			%

			2.57
			%

			Net interest margin

			3.56
			%

			3.33
			%

67

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

			Nine months ended September 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

			$
			294,033

			$
			9,734

			4.43
			%
			 
			$
			153,755

			$
			6,199

			5.39
			%

			Mortgage loans held for sale

			6,310

			229

			4.85

			5,230

			152

			3.88

			Investment securities:

			Taxable

			1,270,410

			23,580

			2.48

			1,418,794

			21,700

			2.04

			Tax-exempt

			72,332