Company: SYBT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001437749-25-024786
Chunk: 87

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 87
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5

			2024

			Beginning balance

			$
			88,814

			$
			80,897

			$
			86,943

			$
			79,374

			Provision for credit losses on loans

			2,250

			1,075

			3,150

			2,250

			Total charge-offs

			(553
			)

			(347
			)

			(1,167
			)

			(609
			)

			Total recoveries

			211

			530

			1,796

			1,140

			Net loan recoveries

			(342
			)

			183

			629

			531

			Ending balance

			$
			90,722

			$
			82,155

			$
			90,722

			$
			82,155

			Average total loans

			$
			6,746,973

			$
			5,973,801

			$
			6,672,594

			$
			5,891,363

			Provision for credit losses on loans to average total loans (1)

			0.03
			%

			0.02
			%

			0.05
			%

			0.04
			%

			Net loan recoveries to average total loans (1)

			-0.01
			%

			0.00
			%

			0.01
			%

			0.01
			%

			ACL for loans to total loans

			1.32
			%

			1.35
			%

			1.32
			%

			1.35
			%

			ACL for loans to average total loans

			1.34
			%

			1.38
			%

			1.36
			%

			1.39
			%

(1) Ratios are not annualized

The ACL for loans totaled $91 million as of June 30, 2025 compared to $82 million at June 30, 2024, representing an ACL to total loans ratio of 1.32