Kentucky Bancshares Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company announced interest income of $7,560,234 compared to $7,269,586 for the same period a year ago. Net interest income was $6,609,145 compared to $6,312,072 for the same period a year ago. Income before taxes was $1,869,159 compared to $708,094 for the same period a year ago. Net income was $1,675,456 compared to $960,755 for the same period a year ago. Return on average assets was 0.83% compared to 0.48% for the same period a year ago. Return on average equity was 8.58% compared to 5.59% for the same period a year ago. Earnings per share, basic and assuming dilution was $0.61 compared to $0.35 for the same period a year ago.

For the full year, the company announced interest income of $29,730,779 compared to $28,167,788 for the same period a year ago. Net interest income was $25,975,213 compared to $24,712,017 for the same period a year ago. Income before taxes was $7,968,401 compared to $6,680,871 for the same period a year ago. Net income was $7,070,718 compared to $5,821,874 for the same period a year ago. Return on average assets was 0.89% compared to 0.80% for the same period a year ago. Return on average equity was 9.50% compared to 8.12% for the same period a year ago. Earnings per share, basic and assuming dilution was $2.60 compared to $2.15 for the same period a year ago. Book value per share was $28.65 compared to $24.90 for the same period a year ago.