Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 89

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 89
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 titled “Basis of Presentation and Summary of Significant Accounting Policies” in Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2024 for detailed discussion regarding Bancorp’s ACL methodology by loan segment.

An analysis of the changes in the ACL for loans, including provision, and selected ratios follow:

			Three months ended 

			Nine months ended

			September 30,

			September 30,

			(dollars in thousands)

			2025

			2024

			2025

			2024

			Beginning balance

			$
			90,722

			$
			82,155

			$
			86,943

			$
			79,374

			Provision for credit losses on loans

			1,550

			4,325

			4,700

			6,575

			Total charge-offs

			(429
			)

			(1,345
			)

			(1,596
			)

			(1,954
			)

			Total recoveries

			317

			208

			2,113

			1,348

			Net loan recoveries

			(112
			)

			(1,137
			)

			517

			(606
			)

			Ending balance

			$
			92,160

			$
			85,343

			$
			92,160

			$
			85,343

			Average total loans

			$
			6,873,559

			$
			6,174,309

			$
			6,740,318

			$
			5,986,366

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

			0.02
			%

			0.07
			%

			0.07
			%

			0.11
			%

			Net loan (charge-offs)/recoveries to average total loans (1)

			0.00
			%

			-0.02
			%

			0.01
			%

			-0.01
			%

			ACL for loans to total loans

			1.