Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 36

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 36
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 Inputs

			Weighted Average

			Collateral dependend loans

			$
			12,227

			Appraisal

			Appraisal discounts

			15.7
			
			%

40

			(14)

			Disclosure of Financial Instruments Not Reported at Fair Value

GAAP requires disclosure of the fair value of financial assets and liabilities, including those financial assets and financial liabilities that are not measured and reported at fair value on a recurring basis or nonrecurring basis. The estimated fair values of Bancorp’s financial instruments not measured at fair value on a recurring or non-recurring basis follows:

			Carrying

			Fair Value Measurements Using:

			September 30, 2025 (in thousands)

			amount

			Fair value

			Level 1

			Level 2

			Level 3

			Assets

			Cash and cash equivalents

			$
			756,289

			$
			756,289

			$
			756,289

			$
			—

			$
			—

			HTM debt securities

			203,119

			183,811

			1,965

			181,846

			—

			Federal Home Loan Bank stock

			20,717

			20,717

			—

			20,717

			—

			Loans, net

			6,837,296

			6,721,200

			—

			—

			6,721,200

			Accrued interest receivable

			28,512

			28,512

			28,512

			—

			—

			Liabilities

			Non-interest bearing deposits

			$
			1,589,159

			$
			1,589,159

			$
			1,589,159

			$
			—

			$
			—

			Transaction deposits

			4,335,544

			4,335,544

			—

			4,335,544

			—

			Time deposits

			1,719,269

			1,723,362

			—

			1,723,362

			—

			Securities sold under agreement to repurchase

			73,149

			73