COVID-19 Impact and Response - Stock Yards Bancorp generally followed its Pandemic Plan updated in November 2019[4] - The company originated 3,250 SBA Payroll Protection Plan loans totaling $647 million and received $20 million in origination fees[9] - COVID-19 related loan deferrals totaled $502.29 million, representing 17% of the total loan portfolio[13] Financial Performance - As of June 30, 2020, Stock Yards Bancorp had $4.3 billion in assets and $3.2 billion in Wealth Management & Trust AUM[21] - For the year ended December 31, 2019, Stock Yards' Return on Average Assets was 1.90% and Return on Average Equity was 17.10%, outperforming peer percentiles[28] - Net income for 2019 was $66.1 million, with earnings per share (diluted) at $2.89[27] - Net interest income for 2019 was $125.2 million[27] Loan Portfolio - The loan portfolio as of June 30, 2020, included $815 million in CRE-Investment (23%), $765 million in Commercial (C&I) (22%), and $630 million in C&I PPP loans (18%)[60] - Total loans in Louisville were $2.364 billion (68%), Indianapolis $571 million (17%), and Cincinnati $529 million (15%) as of 2Q 2020[40] Deposit Base - The company has a growing core deposit base, reaching $3.623 billion as of 2Q 2020[41] - Non-interest bearing demand deposits accounted for 32% of the deposit composition as of 2Q 2020[44] Wealth Management - Wealth management and trust generated $22.6 million in revenue for 2019, with a 45% pre-tax margin[50] - Assets Under Management (AUM) in Wealth Management were $3.2 billion as of June 30, 2020[70]

Stock Yards Bancorp KBW Community Bank Virtual Investor Conference July 28-29, 2020 | --- | --- | |--------------------------------------------------------------|-------------------------| | Cautionary statement for investors | | | This presentation contains forward-looking | statements | | about future financial performance, business | plans and | | strategies of Stock Yards Bancorp, Inc. Because | forward- | | looking statements involve risks and | uncertainties, actual | | results may differ materially f ...

Stock Yards Bancorp KBW Winter Financial Services Symposium Boca Raton, Fl. February 13-14, 2020 | --- | --- | |----------------------------------------------------------------------------------------------|-----------------------| | Cautionary statement for investors | | | This presentation contains forward-looking | statements | | about future financial performance, business strategies of Stock Yards Bancorp, Inc. | plans and Because | | forwardlooking statements involve risks and | uncertainties, actual ...

Company Overview - Stock Yards Bancorp has $3.3 billion in assets as of March 31, 2019 [3] - The company's Wealth Management & Trust AUM was $2.9 billion as of March 31, 2019 [3] - The company has demonstrated over three decades of growth, with a compound annual growth rate in net income of 13% from 1988 to 2018 [7] Financial Performance - Net interest income for 2018 was $114.4 million [9] - Wealth management and trust income for 2018 was $21.5 million [9] - Net income for 2018 reached $55.5 million [9] - The company's return on average equity for 2018 was 16.0% [9] - The efficiency ratio for 2018 was 48.0% [15] - First quarter 2019 net interest income increased by 8.6% to $29.7 million compared to $27.3 million in first quarter 2018 [18] - First quarter 2019 net income increased by 16.7% to $15.6 million compared to $13.4 million in first quarter 2018 [18] Loan Portfolio and Growth - Total loans reached $2.548 billion in 2018, compared to $1.508 billion in 2010 [24] - Louisville accounted for 71% of total loans with $1.819 billion in 2018 [24] - The company's non-interest income represents 28% of total income, compared to a peer average of 19% [31]