Stock Yards Bank Continues Growth in Cincinnati

New Location Planned in Madeira
LOUISVILLE, Ky.--(Business Wire)--
S.Y. Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust
Company, with offices in the Louisville metropolitan area, Indianapolis and
Cincinnati, today announced that the Bank has purchased a 13,000 square foot
building located at 7124 Miami Avenue, Madeira, Ohio. The new office will
eventually be the Bank`s second location in the Cincinnati market. The
Cincinnati staff, currently comprising 5 private banking officers, is expected
to expand to a total of 10 with the expansion to Madeira.

For 105 years, Stock Yards Bank & Trust has grown to become a premier community
bank in the region. Founded in 1904 to serve the livestock industry in
Louisville, Kentucky, the Bank has since evolved into a full service bank with
29 locations in Kentucky, Indiana and Ohio. Stock Yards Bank & Trust has been
successful in capitalizing on its unique blend of traditional private banking
products and specialized customer service experience as it expands to new
communities.

"We`re pleased with the tremendous growth opportunity we`ve found in the Greater
Cincinnati area, and this new office demonstrates our commitment to the
community," stated David P. Heintzman, Chairman and Chief Executive Officer of
S.Y. Bancorp. "We realize that as the world around us changes, so do our
clients' banking and investment needs. The Madeira office will be their
connection to all the specialized services available through our Private Banking
Group, including Investment and Trust Management Services, Brokerage Services,
and more. In addition, we can provide insight and advice on a variety of deposit
services with preferential rates."

Notes of interest for the planned new location will include:

• Restoration and renovations to the exterior will preserve and enhance the
architecture and charm that makes downtown Madeira beautiful.

• Stock Yards Bank purchased the 13,000 square foot building from the Arthritis
Foundation on July 1, 2009. The Arthritis Foundation will remain in the building
and has signed a seven year lease.

• Following restoration and renovations, Stock Yards Bank will open its new
office in approximately one year.

• Stock Yards Bank will occupy approximately 4,000 square feet and will share
the first floor with The Arthritis Foundation. An existing tenant of the
building will also remain.

Louisville, Kentucky-based S.Y. Bancorp, Inc., with $1.6 billion in assets, was
incorporated in 1988 as a bank holding company. It is the parent company of
Stock Yards Bank & Trust Company, which was established in 1904.

S.Y. Bancorp, Inc.
Neil Lancaster, 502-625-2556
Director of Sales, Service & Marketing

Copyright Business Wire 2009