Company: SYBT
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001437749-25-033206
Chunk: 113

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 113
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			0.00
			%

			(98
			)

			220,764

			0.00
			%

			Consumer

			(495
			)

			141,957

			-0.35
			%

			(241
			)

			146,168

			-0.16
			%

			Leases

			-

			15,772

			0.00
			%

			-

			16,518

			0.00
			%

			Credit cards

			(115
			)

			25,686

			-0.45
			%

			(160
			)

			24,492

			-0.65
			%

			Total

			$
			517

			$
			6,740,318

			0.01
			%
			 
			$
			(606
			)
			 
			$
			5,986,366

			-0.01
			%

While separate from the ACL for loans and recorded in other liabilities on the consolidated balance sheets, the ACL for off balance sheet credit exposures experienced an increase between December 31, 2024 and September 30, 2025. Provision expense of $350,000 was recorded for off balance sheet credit exposures for the nine months ended September 30, 2025, driven by increased availability associated with new line production, particularly within the C&D segment. The ACL for off balance sheet credit exposures totaled $7.1 million and $6.8 million as of September 30, 2025 and December 31, 2024.

82

Premises and Equipment

Premises and equipment are presented on the consolidated balance sheets net of related depreciation on the respective assets, as well as fair value adjustments associated with purchase accounting. Premises and equipment increased $3.5 million, or 3%, between December 31, 2024 and September 30, 2025. Bancorp’s branch network currently consists of 73 locations throughout Louisville, central, eastern and northern, Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio markets.

Premises held for sale totaling $1.7 million and $2.3 million was recorded on Bancorp’s consolidated balance sheets as of September 30,