secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY TRUST BANCORP INC /KY/ (CTBI)
CIK:        0000350852
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0000350852-23-000101
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community Trust Q3 net income rises to $20.6M, EPS $1.15; dividend increases to $0.46/share
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- Net income $20.6M ($1.15 per diluted share) vs $19.4M ($1.08) in Q2 2023 and $19.4M ($1.08) in Q3 2022.
- Net interest margin 3.27%, down 8 bps QoQ and 9 bps YoY; net interest income $43.1M, flat QoQ.
- Loans grew $55.3M (5.6% annualized) to $4.0B; deposits up $114.8M (9.6% annualized) to $4.9B.
- Dividend declared $0.46 per share, up $0.02 from prior quarter, yielding 5.37% annualized on Sep 30 closing.
- Nonperforming loans $13.0M (up $1.3M QoQ); net charge-offs $1.2M (0.12% annualized) vs $0.7M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350852/000035085223000101/0000350852-23-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350852/000035085223000101/ctbi0923er8k.htm
  HTML page:      https://secwatch.observer/filing/0000350852-23-000101

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