Stock Yards Bank & Trust Company Mortgage Rates, Fees & Info

Louisville, KY

LEI: 4LJGQ9KJ9S0CP4B1FY29

Tax ID: 61-0354170

5 stars - out of 5 stars, based on 47 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Stock Yards Bank & Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Stock Yards Bank & Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Louisville/jefferson County, Lexington, Cincinnati, Indianapolis, and Richmond among others. Stock Yards Bank & Trust Company has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Stock Yards Bank & Trust Company is typically a low fee lendor.


Originations

2,218

Origination Dollar Volume (All Markets)

$510,550,000

Employee count

820 Show all (15) awards

Relative Rate

Stock Yards Bank & Trust Company's average 30 year fixed rate mortgage of loans were 3.08%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.07%.

Relative Fees

Stock Yards Bank & Trust Company's average total fees for a 30 year fixed rate mortgage are $2,685.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1,388 $256,920,000 $185,101 $2,254 3.06%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 198 $47,380,000 $239,293 $2,816 2.98%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 167 $46,345,000 $277,515 $3,013 3.10%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 108 $36,950,000 $342,130 $2,024 3.16%
Richmond-Berea, KY (FHA|USDA|VA) 50 $27,260,000 $545,200 $2,967 2.93%
Outside of Metro Areas 121 $20,035,000 $165,579 $2,876 2.93%
COLUMBUS, IN (FHA|USDA|VA) 1 $12,065,000 $12,065,000 $0 3.50%
EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $9,760,000 $4,880,000 $0 3.75%
DAYTON-KETTERING, OH (FHA|USDA|VA) 13 $5,505,000 $423,462 $2,724 3.19%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 28 $4,720,000 $168,571 $2,830 3.11%
Bardstown, KY (FHA|USDA|VA) 25 $3,895,000 $155,800 $2,732 3.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $0 3.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $2,870,000 $478,333 $4,133 3.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $2,415,000 $805,000 $7,328 3.00%
Key West, FL (FHA|USDA|VA) 1 $2,335,000 $2,335,000 $12,264 3.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $2,190,000 $365,000 $4,943 3.10%
Kalispell, MT (FHA|USDA|VA) 1 $2,125,000 $2,125,000 $13,422 3.00%
Heber, UT (FHA|USDA|VA) 1 $1,955,000 $1,955,000 $6,545 3.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 6 $1,900,000 $316,667 $2,235 3.17%
Mount Sterling, KY (FHA|USDA|VA) 11 $1,695,000 $154,091 $3,993 3.03%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $1,590,000 $795,000 $3,634 3.38%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $0 3.75%
Scottsburg, IN (FHA|USDA|VA) 13 $1,265,000 $97,308 $2,046 2.61%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $1,245,000 $415,000 $4,328 3.08%
KNOXVILLE, TN (FHA|USDA|VA) 2 $970,000 $485,000 $1,943 3.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $840,000 $420,000 $4,577 3.75%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $755,000 $755,000 $0 4.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $720,000 $360,000 $2,500 3.57%
Somerset, KY (FHA|USDA|VA) 3 $715,000 $238,333 $2,381 2.71%
Breckenridge, CO (FHA|USDA|VA) 1 $665,000 $665,000 $0 3.90%
Sevierville, TN (FHA|USDA|VA) 2 $620,000 $310,000 $0 4.00%
Danville, KY (FHA|USDA|VA) 2 $570,000 $285,000 $2,940 3.19%
Seneca, SC (FHA|USDA|VA) 2 $550,000 $275,000 $2,655 2.81%
BOWLING GREEN, KY (FHA|USDA|VA) 4 $550,000 $137,500 $2,608 2.81%
OWENSBORO, KY (FHA|USDA|VA) 3 $545,000 $181,667 $2,631 2.63%
Frankfort, KY (FHA|USDA|VA) 7 $545,000 $77,857 $2,517 3.61%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 5 $525,000 $105,000 $3,216 3.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $500,000 $250,000 $3,287 3.50%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $495,000 $165,000 $2,365 3.79%
Seymour, IN (FHA|USDA|VA) 1 $415,000 $415,000 $2,102 2.63%
Madison, IN (FHA|USDA|VA) 2 $350,000 $175,000 $2,366 3.38%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $350,000 $175,000 $1,500 2.37%
COLUMBUS, OH (FHA|USDA|VA) 1 $345,000 $345,000 $2,608 3.75%
MUNCIE, IN (FHA|USDA|VA) 2 $310,000 $155,000 $0 4.00%
Bozeman, MT (FHA|USDA|VA) 1 $285,000 $285,000 $2,197 2.88%
SAVANNAH, GA (FHA|USDA|VA) 1 $255,000 $255,000 $3,342 2.75%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $245,000 $245,000 $2,453 3.25%
SUMTER, SC (FHA|USDA|VA) 1 $215,000 $215,000 $7,506 2.75%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $3,085 3.00%
Maysville, KY (FHA|USDA|VA) 1 $185,000 $185,000 $2,221 3.25%
Glasgow, KY (FHA|USDA|VA) 1 $165,000 $165,000 $2,228 3.15%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $165,000 $165,000 $0 3.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,933 3.13%
ASHEVILLE, NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,221 2.63%
Jasper, IN (FHA|USDA|VA) 1 $125,000 $125,000 $1,975 2.75%
London, KY (FHA|USDA|VA) 1 $65,000 $65,000 $2,448 3.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $55,000 $55,000 $2,031 2.63%

Stock Yards Bank & Trust Company's top markets include Louisville/jefferson County, Lexington, Cincinnati, Indianapolis, and Richmond among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,090 $488,440,000 $233,703 $2,262 3.07%
FHA 86 $13,850,000 $161,047 $4,908 2.95%
VA 24 $5,410,000 $225,417 $4,587 2.72%
USDA 18 $2,850,000 $158,333 $3,894 2.53%

For the 2021 period, Stock Yards Bank & Trust Company's most frequently originated loan type of loans were Conventional, with 2,090 originations. Their 2nd most popular type is FHA, with 86 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 746 $222,220,000 $297,882 $2,886 3.24%
Refi 672 $169,040,000 $251,548 $2,100 2.94%
Cash Out Refi 308 $58,280,000 $189,221 $2,257 3.01%
Other 283 $37,295,000 $131,784 $3,025 2.94%
Home Improvement 209 $23,715,000 $113,469 $1,674 2.95%

For the 2021, Stock Yards Bank & Trust Company's most frequently cited loan purpose of loans were Home Purchase, with 746 originations. The 2nd most popular reason of loans were Refi, with 672 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,048 $243,690,000 $232,529 $2,685 3.08%
10 Year 596 $87,840,000 $147,383 $783 2.93%
15 Year 264 $46,200,000 $175,000 $2,089 2.60%
20 Year 120 $23,250,000 $193,750 $2,196 3.11%
5 Year 120 $63,720,000 $531,000 $0 3.88%
Other 45 $37,025,000 $822,778 $2,286 3.82%
1 Year 15 $3,915,000 $261,000 $1,061 4.04%
3 Year 7 $4,035,000 $576,429 $0 3.93%
30+ year 3 $875,000 $291,667 $6,760 4.00%

For the 2021, Stock Yards Bank & Trust Company's most frequently cited loan length of loans were 30 Year, with 1,048 originations. The 2nd most popular length of loans were 10 Year, with 596 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,335 $290,165,000 $217,352
$1k-2k 27 $5,815,000 $215,370
$2k-3k 10 $2,000,000 $200,000
$3k-4k 8 $2,730,000 $341,250
$5k+ 2 $800,000 $400,000

$2,685 of loans were Stock Yards Bank & Trust Company's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,335 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 905 $285,865,000 $315,873
2.5-3% 824 $151,420,000 $183,762
<2.5% 428 $59,000,000 $137,850
4-5% 43 $14,155,000 $329,186
5-6% 18 $110,000 $6,111

During 2021, Stock Yards Bank & Trust Company's average interest rate of loans were 3.08%, while their most frequently originated rate bucket of loans were 3-4%, with 905 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 861 $123,715,000 $143,688 $2,370 3.02%
$100,000 or less 572 $31,520,000 $55,105 $1,619 2.98%
$200k-400k 560 $150,280,000 $268,357 $2,761 3.08%
$400k-600k 133 $63,955,000 $480,865 $3,170 3.12%
$600k-1MM 53 $39,605,000 $747,264 $3,342 3.52%
$1MM+ 39 $101,475,000 $2,601,923 $7,745 3.62%

2021 saw Stock Yards Bank & Trust Company place emphasis on $100k-200k loans with 861 originations, totaling $123,715,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 488 $54,250,000 $111,168 $2,254 2.93%
$50k-75k 474 $71,700,000 $151,266 $2,445 2.99%
$100k-150k 351 $68,995,000 $196,567 $2,468 3.04%
$75k-100k 280 $45,750,000 $163,393 $2,570 3.01%
$150k-250k 238 $56,220,000 $236,218 $2,513 3.00%
$250k+ 213 $85,705,000 $402,371 $3,375 2.96%

Stock Yards Bank & Trust Company lent most frequently to those with incomes in the $50k or less range, with 488 originations. The second most popular income band? $50k-75k, with 474 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 594 $108,320,000 $182,357 $2,405 2.97%
<20% 383 $69,405,000 $181,214 $2,277 2.95%
30-36% 354 $64,320,000 $181,695 $2,500 2.92%
39% 81 $14,135,000 $174,506 $2,642 2.95%
36% 77 $12,505,000 $162,403 $2,418 3.07%
40% 66 $12,100,000 $183,333 $2,428 3.08%
41% 57 $11,465,000 $201,140 $2,284 3.01%
37% 56 $11,990,000 $214,107 $2,698 3.12%
44% 55 $9,795,000 $178,091 $2,396 3.28%
38% 52 $10,460,000 $201,154 $2,798 2.77%
42% 48 $10,110,000 $210,625 $2,959 3.23%
43% 39 $6,555,000 $168,077 $2,441 3.00%
>60% 33 $11,205,000 $339,545 $3,080 3.32%
47% 31 $5,225,000 $168,548 $2,567 2.96%
46% 27 $6,145,000 $227,593 $3,040 3.00%
45% 27 $4,325,000 $160,185 $2,739 2.92%
49% 24 $5,560,000 $231,667 $2,854 3.10%
50-60% 21 $5,375,000 $255,952 $3,611 3.03%
48% 19 $3,545,000 $186,579 $2,417 2.75%

Stock Yards Bank & Trust Company lent most frequently to those with DTI ratios of 20-30%, with 594 originations. The next most common DTI ratio? <20%, with 383 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,782 $329,800,000 $185,073 $2,494 2.99%
Not applicable 169 $126,505,000 $748,550 $0 3.89%
Not provided 164 $34,950,000 $213,110 $2,421 2.97%
Asian 45 $9,595,000 $213,222 $2,475 2.92%
Black 48 $7,730,000 $161,042 $2,459 2.90%
Filipino 3 $765,000 $255,000 $3,122 3.88%
Asian Indian 2 $330,000 $165,000 $3,295 3.44%
Chinese 1 $285,000 $285,000 $2,494 3.81%
American Indian 2 $270,000 $135,000 $2,288 3.13%
Native Hawaiian 1 $205,000 $205,000 $1,875 2.88%
Korean 1 $115,000 $115,000 $2,307 2.88%

Approval Rates

Total approvals of all applications
85.86%

Stock Yards Bank & Trust Company has an average approval rate.

Pick Rate

Approvals leading to origination
81.71%

Stock Yards Bank & Trust Company has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,218 $510,550,000 $230,185

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,218 $510,550,000 $230,185

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 290 $41,280,000 $142,345 $2,025 2.87%
40-60% 399 $90,105,000 $225,827 $2,140 2.98%
60-80% 677 $214,725,000 $317,171 $2,415 3.18%
80-100% 533 $144,655,000 $271,398 $3,002 3.11%
Over 100% 2 $460,000 $230,000 $4,962 2.75%
Under 20% 317 $19,325,000 $60,962 $771 2.96%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
South Carolina State Housing Finance and Development Authority Conventional home mortgage Trouble during payment process 1 50.0%
South Carolina State Housing Finance and Development Authority FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Stock Yards Bank & Trust Company 1975 Bypass Road Winchester, KY 40391 Full Service B&M $49,439
Stock Yards Bank & Trust Company 10000 Will Way Louisville, KY 40291 Full Service B&M $56,417
Stock Yards Bank & Trust Company 1001 Gibson Bay Drive, Suite 101 Richmond, KY 40476 Full Service B&M $75,721
Stock Yards Bank & Trust Company 101 West Fourth Street Cincinnati, OH 45202 Full Service Retail $86,250
Stock Yards Bank & Trust Company 103 West Showalter Drive Georgetown, KY 40324 Full Service B&M $30,711
Stock Yards Bank & Trust Company 1040 E Main St Louisville, KY 40206 Full Service B&M $976,877
Stock Yards Bank & Trust Company 10421 Taylorsville Road Louisville, KY 40299 Limited, Drive-thru $13,485
Stock Yards Bank & Trust Company 10517 Dixie Highway Louisville, KY 40272 Full Service B&M $3,671
Stock Yards Bank & Trust Company 3063 Breckinridge Lane Louisville, KY 40220 Full Service B&M $55,221
Stock Yards Bank & Trust Company 3113 Glendale Milford Road Cincinnati, OH 45241 Full Service B&M $31,653
Stock Yards Bank & Trust Company 3230 East 10th St Jeffersonville, IN 47130 Full Service B&M $67,976
Stock Yards Bank & Trust Company 345 South Perry Rd Plainfield, IN 46168 Full Service B&M $15,051
Stock Yards Bank & Trust Company 360 East Vine Street, Suite 100 Lexington, KY 40507 Full Service B&M $24,627
Stock Yards Bank & Trust Company 3794 Lexington Road Louisville, KY 40207 Full Service B&M $167,790
Stock Yards Bank & Trust Company 400 Main Street Paris, KY 40361 Limited, Drive-thru $0
Stock Yards Bank & Trust Company 400 West First Street Morehead, KY 40351 Full Service B&M $43,254
Stock Yards Bank & Trust Company 4016 Poplar Level Road Louisville, KY 40213 Full Service B&M $272,015
Stock Yards Bank & Trust Company 4098 Dutchmans Lane Louisville, KY 40207 Full Service B&M $46,765
Stock Yards Bank & Trust Company 4161 Tates Creek Centre Drive Lexington, KY 40517 Full Service B&M $1,220
Stock Yards Bank & Trust Company 4537 Outer Loop Louisville, KY 40219 Full Service B&M $81,679
Stock Yards Bank & Trust Company 7124 Miami Avenue Madeira, OH 45243 Full Service B&M $113,484
Stock Yards Bank & Trust Company 724 West Main Street Richmond, KY 40475 Full Service B&M $0
Stock Yards Bank & Trust Company 7915-A South Emerson Avenue Indianapolis, IN 46237 Full Service B&M $29,573
Stock Yards Bank & Trust Company 920 North Main Street Nicholasville, KY 40356 Full Service B&M $61,630
Stock Yards Bank & Trust Company 9201 U.S. Highway 42 Prospect, KY 40059 Full Service B&M $52,721
Stock Yards Bank & Trust Company 939 Us Highway 27 South Cynthiana, KY 41031 Full Service B&M $115,255
Stock Yards Bank & Trust Company 9400 Brownsboro Road Louisville, KY 40241 Full Service B&M $126,476
Stock Yards Bank & Trust Company Fourth And Main Streets Paris, KY 40361 Full Service B&M $169,242
Stock Yards Bank & Trust Company Lexington Road Paris, KY 40361 Full Service B&M $44,751
Stock Yards Bank & Trust Company 108 East Main Street Wilmore, KY 40390 Full Service B&M $18,504
Stock Yards Bank & Trust Company 111 Chaplin Road Bloomfield, KY 40008 Full Service B&M $15,647
Stock Yards Bank & Trust Company 11450 N. Meridian Street Carmel, IN 46032 Full Service Retail $83,993
Stock Yards Bank & Trust Company 11751 Bluegrass Parkway Louisville, KY 40299 Full Service B&M $96,636
Stock Yards Bank & Trust Company 11800 Shelbyville Road Louisville, KY 40243 Full Service B&M $226,910
Stock Yards Bank & Trust Company 12889 W. Hwy 42 Prospect, KY 40059 Full Service B&M $47,375
Stock Yards Bank & Trust Company 12900 Factory Lane Louisville, KY 40245 Full Service B&M $71,431
Stock Yards Bank & Trust Company 144 South Kentucky 7 Sandy Hook, KY 41171 Full Service B&M $55,462
Stock Yards Bank & Trust Company 1500 Flemingsburg Road Morehead, KY 40351 Full Service B&M $46,061
Stock Yards Bank & Trust Company 160 Dakota Ct / The Village Center Lot 2b Mount Washington, KY 40047 Full Service B&M $8,690
Stock Yards Bank & Trust Company 1710 Fitzgerald Court Lexington, KY 40509 Full Service B&M $13,490
Stock Yards Bank & Trust Company 183 Adam Shepherd Parkway Shepherdsville, KY 40165 Full Service B&M $145,739
Stock Yards Bank & Trust Company 4640 Southern Pkwy Louisville, KY 40214 Full Service B&M $47,400
Stock Yards Bank & Trust Company 4790 Houston Road Florence, KY 41042 Full Service B&M $33,483
Stock Yards Bank & Trust Company 4800 Brownsboro Road Louisville, KY 40207 Full Service B&M $80,333
Stock Yards Bank & Trust Company 50 North Maple Street Winchester, KY 40391 Full Service B&M $52,113
Stock Yards Bank & Trust Company 5026 Mud Lane Louisville, KY 40229 Full Service B&M $58,223
Stock Yards Bank & Trust Company 515 South First Street Lagrange, KY 40031 Full Service B&M $170,016
Stock Yards Bank & Trust Company 520 Marsailles Road Versailles, KY 40383 Full Service B&M $77,266
Stock Yards Bank & Trust Company 5220 Dixie Highway Louisville, KY 40216 Full Service B&M $93,909
Stock Yards Bank & Trust Company 5916 Lawrenceburg Road Chaplin, KY 40012 Full Service B&M $21,066
Stock Yards Bank & Trust Company 6317 West Highway 146 Crestwood, KY 40014 Full Service B&M $84,035
Stock Yards Bank & Trust Company 660 University Shopping Center Richmond, KY 40475 Full Service B&M $87,716
Stock Yards Bank & Trust Company 6840 Lake Plaza Drive Indianapolis, IN 46220 Full Service B&M $35,022
Stock Yards Bank & Trust Company 201 N Illinois Street, Suite 100 Indianapolis, IN 46204 Full Service B&M $51,366
Stock Yards Bank & Trust Company 214 South Fifth Street Louisville, KY 40202 Full Service B&M $126,953
Stock Yards Bank & Trust Company 227 East Highway 131 Clarksville, IN 47129 Full Service B&M $47,089
Stock Yards Bank & Trust Company 2292 Bardstown Road Louisville, KY 40205 Full Service B&M $72,372
Stock Yards Bank & Trust Company 260 Blossom Park Drive Georgetown, KY 40324 Full Service B&M $55,989
Stock Yards Bank & Trust Company 2635 Alexandria Pike Highland Heights, KY 41076 Full Service B&M $87,978
Stock Yards Bank & Trust Company 2651 Observatory Ave Ste 102 Cincinnati, OH 45208 Full Service B&M $28,096
Stock Yards Bank & Trust Company 2710 West Broadway Louisville, KY 40211 Full Service B&M $3,771
Stock Yards Bank & Trust Company 275 Highway 31 North Austin, IN 47102 Full Service B&M $22,431
Stock Yards Bank & Trust Company 2811 South Hurstbourne Parkway Louisville, KY 40220 Full Service B&M $108,330
Stock Yards Bank & Trust Company 2860 Charlestown Road New Albany, IN 47150 Full Service B&M $174,375

For 2021, Stock Yards Bank & Trust Company had 64 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $177,061
Net interest income $171,058
Total noninterest income $66,807
Gross Fiduciary activities income $27,535
Service charges on deposit accounts $11,867
Trading account gains and fees $0
Additional Noninterest Income $27,405
Pre-tax net operating income $102,172
Securities gains (or losses, -) $-3
Income before extraordinary items $78,463
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $78,463
Minority interest net income $0
Net income $78,463
Sale, conversion, retirement of capital stock, net $0
Net operating income $78,465

Stock Yards Bank & Trust Company's gross interest income from loans was $177,061,000.
Stock Yards Bank & Trust Company's net interest income from loans was $171,058,000.
Stock Yards Bank & Trust Company's fee based income from loans was $11,867,000.
Stock Yards Bank & Trust Company's net income from loans was $78,463,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $6,003
Provision for credit losses $-753
Total noninterest expense $136,446
Salaries and employee benefits $74,086
Premises and equipment expense $11,587
Additional noninterest expense $50,773
Applicable income taxes $23,706
Net charge-offs $6,176
Cash dividends $62,942

Stock Yards Bank & Trust Company's interest expense for loans was $6,003,000.
Stock Yards Bank & Trust Company's payroll and benefits expense were $74,086,000.
Stock Yards Bank & Trust Company's property, plant and equipment expenses $11,587,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $5,791,057
Deposits held in domestic offices $5,791,057
Deposits by Individuals, partnerships, and corporations $5,139,691
Deposits by U.S. Government $7
Deposits by States and political subdivisions in the U.S. $645,301
Deposits by Commercial banks and other depository institutions in U.S. $6,058
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $3,890,954
Demand deposits $1,759,027
Nontransaction accounts $1,900,103
Money market deposit accounts (MMDAs) $1,050,352
Other savings deposits (excluding MMDAs) $415,529
Total time deposits $434,222
Total time and savings deposits $4,032,030
Noninterest-bearing deposits $1,759,298
Interest-bearing deposits $4,031,759
Retail deposits $5,698,801
IRAs and Keogh plan accounts $70,766
Brokered deposits $3,761
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $6,639,234
Cash & Balances due from depository institutions $882,415
Interest-bearing balances $822,230
Total securities $1,180,178
Federal funds sold & reverse repurchase $75,078
Net loans and leases $4,124,074
Loan and leases loss allowance $53,898
Trading account assets $0
Bank premises and fixed assets $76,894
Other real estate owned $7,212
Goodwill and other intangibles $145,954
All other assets $147,429

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $6,639,234
Total Liabilities $5,982,698
Total deposits $5,791,057
Interest-bearing deposits $4,031,759
Deposits held in domestic offices $5,791,057
% insured (estimated) $51
Federal funds purchased and repurchase agreements $85,841
Trading liabilities $0
Other borrowed funds $5,003
Subordinated debt $0
All other liabilities $100,797

Issued Loan Types

Type Value (in 000's)
Net loans and leases $4,124,074
Loan and leases loss allowance $53,898
Total loans and leases (domestic) $4,177,972
All real estate loans $2,894,180
Real estate loans in domestic offices $2,894,180
Construction and development loans $291,333
Residential 1-4 family construction $15,210
Other construction, all land development and other land $276,123
Loans secured by nonfarm nonresidential properties $1,542,707
Nonfarm nonresidential secured by owner-occupied properties $653,963
Commercial real estate & other non-farm, non-residential $888,744
Multifamily residential real estate $187,445
1-4 family residential loans $828,985
Farmland loans $43,710
Loans held in foreign offices $0
Farm loans $3,372
Commercial and industrial loans $1,055,823
To non-U.S. addressees $0
Loans to individuals $105,906
Credit card loans $1,612
Related Plans $63,482
Consumer Auto Loans $18,930
Other loans to individuals $21,882
All other loans & leases $118,691
Loans to foreign governments and official institutions $0
Other loans $35,505
Loans to depository institutions and acceptances of other banks $5,003
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $12
Non 1-4 family restructured loans & leases $12
Total loans and leases (foreign) $0

Stock Yards Bank & Trust Company had $4,124,074,000 of loans outstanding in 2021. $2,894,180,000 of loans were in real estate loans. $291,333,000 of loans were in development loans. $187,445,000 of loans were in multifamily mortgage loans. $828,985,000 of loans were in 1-4 family mortgage loans. $3,372,000 of loans were in farm loans. $1,612,000 of loans were in credit card loans. $18,930,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 1,517 $440,245 $290,208
Nonfarm, nonresidential loans - <$100k 192 $9,227 $48,057
Nonfarm, nonresidential loans - $100-250k 435 $57,463 $132,099
Nonfarm, nonresidential loans - $250k-1MM 890 $373,555 $419,725
Commercial & Industrial, US addressed loans - <$1MM 3,326 $412,063 $123,891
Commercial & Industrial, US addressed loans - <$100k 1,804 $56,237 $31,174
Commercial & Industrial, US addressed loans - $100-250k 793 $96,912 $122,209
Commercial & Industrial, US addressed loans - $250k-1MM 729 $258,914 $355,163
Farmland loans - <$1MM 199 $24,162 $121,417
Farmland loans - <$100k 77 $3,298 $42,831
Farmland loans - $100-250k 77 $9,758 $126,727
Farmland loans - $250k-1MM 45 $11,106 $246,800
Agriculture operations loans - <$1MM 33 $2,542 $77,030
Agriculture operations loans - <$100k 25 $648 $25,920
Agriculture operations loans - $100-250k 3 $390 $130,000
Agriculture operations loans - $250k-1MM 5 $1,504 $300,800