secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY TRUST BANCORP INC /KY/ (CTBI)
CIK:        0000350852
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0000350852-22-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CTBI Q2 2022: EPS $1.14 (down 15% YoY); net income $20.3M; NIM 3.20%; loan growth 4.9%
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- Net income $20.3M ($1.14 diluted EPS) vs $23.9M ($1.35) in Q2 2021, down 15.1%.
- Net interest income $40.8M, up $0.8M QoQ and YoY; net interest margin 3.20%, up 9bps YoY.
- Noninterest income $14.5M, down 6.6% YoY due to lower gains on loan sales.
- Provision for credit losses $0.1M vs recovery of $4.3M in Q2 2021; net charge-offs <0.01% of loans.
- Shareholders' equity down $21.3M (annualized 13.1%) from $34.9M increase in AOCI loss on securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350852/000035085222000063/0000350852-22-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350852/000035085222000063/ctbi0622er8k.htm
  HTML page:      https://secwatch.observer/filing/0000350852-22-000063

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