Company: SYBT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001437749-25-014698
Chunk: 3

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 8
Chunk 3
---

			-

			(156
			)

			2,530

			Total available for sale debt securities

			$
			1,114,961

			$
			144

			$
			(124,991
			)
			 
			$
			990,114

HTM Debt Securities

The following table summarizes the amortized cost, unrecognized gains and losses, and fair value of Bancorp’s HTM debt securities portfolio:

			(in thousands)

			Carrying 

			Unrecognized

			March 31, 2025
			 
			value

			Gains

			Losses

			Fair value

			U.S. Treasury and other U.S. Government obligations

			$
			1,981

			$
			-

			$
			(50
			)
			 
			$
			1,931

			Government sponsored enterprise obligations

			23,467

			-

			(1,600
			)

			21,867

			Mortgage backed securities - government agencies

			187,003

			3

			(21,787
			)

			165,219

			Total held to maturity debt securities

			$
			212,451

			$
			3

			$
			(23,437
			)
			 
			$
			189,017

			December 31, 2024

			U.S. Treasury and other U.S. Government obligations

			$
			153,850

			$
			-

			$
			(741
			)
			 
			$
			153,109

			Government sponsored enterprise obligations

			25,395

			-

			(2,034
			)

			23,361

			Mortgage backed securities - government agencies

			190,926

			2

			(26,041
			)

			164,887

			Total held to maturity debt securities

			$
			370,171

			$
			2

			$
			(28,816
			)
			 
			$
			341,357

All investment securities classified as HTM by Bancorp as of March 31, 2025 are obligations of the