Community Trust Bancorp Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 16, 2019 at 07:30 pm IST
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Community Trust Bancorp Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 36.280 million compared to USD 35.102 million a year ago. Net income was USD 15.709 million compared to USD 14.912 million a year ago. Basic earnings per share was USD 0.89 compared to USD 0.84 a year ago. For the full year, net interest income was USD 142.155 million compared to USD 137.402 million a year ago. Net income was USD 59.228 million compared to USD 51.493 million a year ago. Basic earnings per share was USD 3.35 compared to USD 2.92 a year ago.
Community Trust Bancorp, Inc. (CTBI) is a bank holding company. CTBI owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company, Lexington, Kentucky. CTBI is engaged in a range of commercial and personal banking, and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services. The lending activities of CTB include making commercial, construction, mortgage and personal loans.
COMMUNITY TRUST BANCORP, INC. 
