CTBI Q1 2023 net income $19.3M ($1.08 EPS); deposits grow 9.7% annualized

COMMUNITY TRUST BANCORP INC /KY/

2023-Q1 EPS reported $1.08

Net income $19.3M ($1.08 EPS) vs $22.4M ($1.26) in Q4 2022 and $19.7M ($1.11) in Q1 2022.
Net interest income $43.9M, down $0.8M from Q4 but up $3.9M YoY; NIM 3.49% vs 3.51% prior qtr.
Loans grew $68.1M (annualized 7.4%) to $3.78B; deposits grew $110.6M (annualized 9.7%) to $4.75B.
Nonperforming loans fell to $12.2M from $15.3M; net charge-offs $414K (0.04% of loans annualized).
No deposit decline from bank failures; well-capitalized (CBLR 13.71% vs 9% required); no BTFP usage.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

COMMUNITY TRUST BANCORP INC /KY/ reported the quarter ended March 31, 2023 results: net income $19,313, EPS $1.08.

Period: the quarter ended March 31, 2023
Net income: $19,313
EPS: $1.08
Result: reported results

Exact text from the filing

On April 19, 2023, Community Trust Bancorp, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2023.

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

COMMUNITY TRUST BANCORP INC /KY/ filing history →

Source: SEC EDGAR

accession 0000350852-23-000052

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