---
schema_version: "secwatch.filing_event.v1"
accession: "0000350852-23-000082"
form_type: "8-K"
ticker: "CTBI"
cik: "0000350852"
company_name: "COMMUNITY TRUST BANCORP INC /KY/"
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:36:24.394085+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Community Trust Bancorp Q2 net income $19.4M ($1.09 EPS), down 4.3% YoY

## Summary
- Net income $19.4M ($1.09 basic EPS) vs $20.3M ($1.14) in Q2 2022; YTD 2023 net income $38.7M ($2.17) vs $40.0M ($2.24).
- Net interest income $43.1M, down 1.9% QoQ but up 5.6% YoY; net interest margin 3.35% (down 14 bps QoQ, up 15 bps YoY).
- Loans grew 16.2% annualized QoQ to $3.9B; deposits stable at $4.7B; nonperforming loans fell to $11.7M.
- Provision for credit losses $2.0M, up $0.9M QoQ and $1.9M YoY; net charge-offs $674K (0.07% of avg loans annualized).
- Dividend declared $0.44 per share, unchanged QoQ, increased from $0.40 in Q2 2022.

## SEC filing metadata
- accession: 0000350852-23-000082
- form_type: 8-K
- ticker: CTBI
- cik: 0000350852
- company_name: COMMUNITY TRUST BANCORP INC /KY/
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350852/000035085223000082/0000350852-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350852/000035085223000082/ctbi0623er8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350852-23-000082
- JSON: https://secwatch.observer/filing/0000350852-23-000082.json
- Plain text: https://secwatch.observer/filing/0000350852-23-000082.txt

## Key facts
- Earnings Releases
  COMMUNITY TRUST BANCORP INC /KY/ reported the quarter and six months ended June 30, 2023 results: net income $19.4 million, EPS $1.09 per basic share.
  - Period: the quarter and six months ended June 30, 2023
  - Net income: $19.4 million
  - EPS: $1.09 per basic share
  - Result: reported results
  source text: Community Trust Bancorp, Inc. (NASDAQ-CTBI) achieved earnings for the second quarter 2023 of $19.4 million, or $1.09 per basic share
  evidence_url: https://www.sec.gov/Archives/edgar/data/350852/000035085223000082/0000350852-23-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.