Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 2

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 2
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 as HTM securities. All other investment securities are classified as AFS securities.

AFS Debt Securities

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

			(in thousands)

			Amortized 

			Unrealized

			September 30, 2025
			 
			cost

			Gains

			Losses

			Fair value

			Government sponsored enterprise obligations

			$
			77,669

			$
			105

			$
			(3,088
			)
			 
			$
			74,686

			Mortgage backed securities

			622,953

			181

			(74,850
			)

			548,284

			Obligations of states and political subdivisions

			124,141

			10

			(10,154
			)

			113,997

			Other

			595

			-

			(42
			)

			553

			Total available for sale debt securities

			$
			825,358

			$
			296

			$
			(88,134
			)
			 
			$
			737,520

			December 31, 2024

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

			$
			198,182

			$
			33

			$
			-

			$
			198,215

			Government sponsored enterprise obligations

			88,895

			110

			(4,847
			)

			84,158

			Mortgage backed securities

			696,767

			-

			(105,790
			)

			590,977

			Obligations of states and political subdivisions

			128,431

			1

			(14,198
			)

			114,234

			Other

			2,686

			-

			(156
			)

			2,530

			Total available for sale debt securities

			$
			1,114,961

			$
			144

			$
			(124,991
			)