S.Y. Bancorp, Inc. - Schedule 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

AMENDED SCHEDULE 13 G

 

Under the Securities Exchange Act of 1934

(Amendment No.          )

 

S.Y. BANCORP, INC.

(Name of Issuer)

 

Common Stock, no par value

(Title of Class of Securities)

 

785060104

(CUSIP Number)

 

Check the following box if a fee is being paid with this statement.  [   ]

 

[X]  Rule 13d-1(b)

[  ]  Rule 13d-1(c)

[  ]  Rule 13d-1(d)

 

 

CUSIP No.  785060104

 

1.

Names of Reporting Persons/S.S. or I.R.S. Identification Nos. of Above Persons

 

Stock Yards Bank & Trust Company

 

61-0354170

 

 

2.

Check the Appropriate Row if a Member of a Group

 

(a)                   

 

(b)          X      

 

 

3.

SEC Use Only __________________________________________________________

 

 

4.

Citizenship or Place of Organization

 

Kentucky

 

 

Number of Shares Beneficially Owned by Each Reporting Person With:

5.

Sole Voting Power

1,031,869

6.

Shared Voting Power

 

7.

Sole Dispositive Power

   364,537

8.

Shared Dispositive Power

   416,165

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

1,033,129

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)

 

11.

Percent of Class Represented by Amount in Row 9

         7.60%

12.

Type of Reporting Person

     BK

 

 

 

 

Item 1.(a)

Name of Issuer

 

S.Y. Bancorp, Inc.

 

 

Item 1.(b)

Address of Issuer's Principal Executive Offices

 

1040 East Main Street
Louisville, KY  40206

 

 

Item 2.(a)

Name of Person Filing

 

Stock Yards Bank & Trust Company

 

 

Item 2.(b)

Address of Principal Business Office, or if None, Residence

 

Same as 1(b)

 

 

Item 2.(c)

Citizenship

 

A Kentucky Corporation

 

 

Item 2.(d)

Title of Class of Securities

 

Common Stock

 

 

Item 2.(e)

CUSIP Number

 

785060104

 

 

Item 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

 

[X]  Bank as defined in Section 3(a)(6) of the Act

 

 

Item 4.

Ownership

 

(a)

Amount Beneficially Owned as of December 31, 2007: 

 

 

The Bank, in its various fiduciary capacities as agent, personal representative, custodian and trustee, is the beneficial owner (as that term is defined in Rule 13d-3) of 1,033,129 shares of the Common Stock, no par value, of S.Y. Bancorp, Inc., the Bank's parent company.

 

 

 

 

(b)

Percent of Class:

 

 

7.60%

 

 

 

 

(c)

Number of Shares as to which such person has:

 

 

(i)

sole power to vote or to direct the vote

 

 

 

1,031,869

 

 

(ii)

shared power to vote or to direct the vote

 

 

 

              0

 

 

(iii)

sole power to dispose or to direct the disposition of

 

 

 

   364,537

 

 

(iv)

shared power to dispose or to direct the disposition of

 

 

 

    416,165

 

 

 

 

Item 5.

Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.  [   ]

 

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

 

Other persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, certain of the securities held by the Bank in its various fiduciary capacities.

 

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company

 

Not Applicable.

 

 

Item 8.

Identification and Classification of Members of the Group

 

Not Applicable.

 

 

Item 9.

Notice of Dissolution of Group

 

Not Applicable

 

 

Item 10.

Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

February 7, 2008

 

 

STOCK YARDS BANK & TRUST COMPANY

 

 

 

By:  /s/ Kathy C. Thompson        

 

       Kathy C. Thompson

       Senior Executive Vice President