-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 EkeMCx9Mjya8Nw5sRG3suLPZ/QhF9A9YE8F6MET2lPNESaiqStjlrKp80wQ/IFp1
 niYu0PnuWt2M8LtW5qIWew==

<SEC-DOCUMENT>0001254757-03-000011.txt : 20031229
<SEC-HEADER>0001254757-03-000011.hdr.sgml : 20031225
<ACCEPTANCE-DATETIME>20031229165416
ACCESSION NUMBER:		0001254757-03-000011
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031229
FILED AS OF DATE:		20031229

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TAYLOR ROBERT LEWIS
		CENTRAL INDEX KEY:			0001254757

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13661
		FILM NUMBER:		031075971

	BUSINESS ADDRESS:	
		STREET 1:		1516 SYLVAN WAY
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40205

	MAIL ADDRESS:	
		STREET 1:		1516 SYLVAN WAY
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40205

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			S Y BANCORP INC
		CENTRAL INDEX KEY:			0000835324
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				611137529
		STATE OF INCORPORATION:			KY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1040 E MAIN ST
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40206
		BUSINESS PHONE:		5025822571

	MAIL ADDRESS:	
		STREET 1:		1040 EAST MAIN STREET
		CITY:			LOUISVILLE
		STATE:			KY
		ZIP:			40206
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-12-29</periodOfReport>
    <issuer>
        <issuerCik>0000835324</issuerCik>
        <issuerName>S Y BANCORP INC</issuerName>
        <issuerTradingSymbol>SYI</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001254757</rptOwnerCik>
            <rptOwnerName>TAYLOR ROBERT LEWIS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1516 SYLVAN WAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LOUISVILLE</rptOwnerCity>
            <rptOwnerState>KY</rptOwnerState>
            <rptOwnerZipCode>40205</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-12-29</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>142.704</value></transactionShares><transactionPricePerShare><value>20.82</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>362.831</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value><footnoteId id="F1"/></directOrIndirectOwnership><natureOfOwnership><value>Trust</valu
e></natureOfOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><footnotes><footnote id="F1">Shares held in Trust in the directors deferred comp plan</footnote></footnotes><remarks>2,000 shares held Directly.  Derivative Securities:  4,800 nonqualified stock options @ 4.1875, 1,000 nonqualified stock options @ 21.18  held Directly.  These options vest 20% per year.</remarks><ownerSignature><signatureName>/s //Robert Lewis Taylor</signatureName><signatureDate>2003-12-29</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----