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Note 27 - Stock Yards Bancorp, Inc. (Parent Company Only) (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Condensed Balance Sheet [Table Text Block]
  

December 31,

 

(in thousands)

 

2022

  

2021

 
         

Assets

        

Cash on deposit with subsidiary bank

 $8,683  $3,489 

Investment in and receivable from subsidiaries

  759,939   658,901 

Other assets

  18,664   13,917 

Total assets

 $787,286  $676,307 
         

Liabilities and stockholders' equity

        

Other liabilities

 $26,854  $438 

Total stockholders’ equity

  760,432   675,869 

Total liabilities and stockholders equity

 $787,286  $676,307 
Condensed Income Statement [Table Text Block]
  

Years ended December 31,

 

(in thousands)

 

2022

  

2021

  

2020

 
             

Income - dividends and interest from subsidiaries

 $45,076  $62,941  $18,050 

Other income

  1   1   1 

Less expenses

  8,415   7,534   3,909 

Income before income taxes and equity in undistributed net income of subsidiary

  36,662   55,408   14,142 

Income tax benefit

  (3,780)  (2,957)  (1,749)

Income before equity in undistributed net income of subsidiary

  40,442   58,365   15,891 

Equity in undistributed net income of subsidiary

  52,852   16,280   42,978 

Net income

  93,294   74,645   58,869 

Less income attributed to non-controlling interest

  322       

Net income available to stockholders

 $92,972  $74,645  $58,869 
             

Comprehensive income (loss)

 $(14,624) $57,964  $66,933 
Condensed Cash Flow Statement [Table Text Block]
  

Years ended December 31

 

(in thousands)

 

2022

  

2021

  

2020

 

Operating activities

            

Net income available to stockholders

 $92,972  $74,645  $58,869 

Adjustments to reconcile net income to net cash provided by operating activities:

            

Equity in undistributed net income of subsidiaries

  (52,852)  (16,280)  (42,978)

Decrease (increase) in receivable from subsidiaries

  6,812       

Stock compensation expense

  4,394   4,565   3,262 

Excess tax benefits from stock- based compensation arrangements

  (1,713)  (1,482)  (452)

Loss on disposition of LFA

  870       

Change in other assets

  (6,350)  (2,685)  (1,356)

Change in other liabilities

  (400)  40   17 

Net cash provided by operating activities

  43,733   58,803   17,362 
             

Investing activities

            

Purchase of AFS equity security

     (120)   
Proceeds from disposition of LFA  4,993       

Cash for acquisition

  (30,994)  (28,276)   

Net cash used in investing activities

  (26,001)  (28,396)   
             

Financing activities

            

Repurchase of common stock

  (4,533)  (3,618)  (2,265)

Share repurchases related to compensation plans

  (272)  (208)  (224)

Subordinated debentures acquired

  26,806       

Cash disbursements to non-controlling interest

  (322)      

Disposition of LFA

  (915)      

Cash dividends paid

  (33,302)  (28,198)  (24,481)

Net cash used in financing activities

  (12,538)  (32,024)  (26,970)

Net increase (decrease) in cash

  5,194   (1,617)  (9,608)

Cash at beginning of year

  3,489   5,106   14,714 

Cash at end of year

 $8,683  $3,489  $5,106