Company: SYBT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001437749-25-014698
Chunk: 8

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 8
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 purchase date. Fair value is expected to recover as securities reach maturity and/or the interest rate environment returns to conditions similar to when these securities were purchased. These investments consisted of 471 and 488 separate investment positions as of March 31, 2025 and December 31, 2024, respectively. By dollar value, approximately 98% and 86% of the debt securities portfolio was in a loss position as of March 31, 2025 and December 31, 2024, respectively. There were no credit related factors underlying unrealized and unrecognized losses on debt securities at March 31, 2025 and December 31, 2024.

14

			(3)

			Loans and Allowance for Credit Losses on Loans

Composition of loans by class follows:

			(in thousands)

			March 31, 2025

			December 31, 2024

			Commercial real estate - non-owner occupied

			$
			1,870,352

			$
			1,835,935

			Commercial real estate - owner occupied

			1,004,774

			1,002,853

			Total commercial real estate

			2,875,126

			2,838,788

			Commercial and industrial - term

			899,813

			884,399

			Commercial and industrial - lines of credit

			563,933

			554,255

			Total commercial and industrial

			1,463,746

			1,438,654

			Residential real estate - owner occupied

			813,823

			805,080

			Residential real estate - non-owner occupied

			381,429

			382,744

			Total residential real estate

			1,195,252

			1,187,824

			Construction and land development

			679,345

			623,005

			Home equity lines of credit

			252,125

			247,433

			Consumer

			140,009

			144,644

			Leases

			14,460

			15,514

			Credits cards

			26,297

			24,540

			Total loans (1)

			$
			6,646,360

			$