Kentucky Bancshares Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
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.