---
schema_version: "secwatch.filing_event.v1"
accession: "0000350852-24-000057"
form_type: "8-K"
ticker: "CTBI"
cik: "0000350852"
company_name: "COMMUNITY TRUST BANCORP INC /KY/"
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:55:32.915665+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CTBI Q1 2024 EPS $1.04, down 3.7% YoY; NIM down 26 bps to 3.23%

## Summary
- Net income $18.7M ($1.04 diluted) vs $19.3M ($1.08) Q1 2023.
- Net interest income $43.6M; NIM 3.23% (-26 bps YoY); provision $2.7M (+$1.5M YoY).
- Loans $4.2B (+10.2% YoY); deposits $5.0B (+5.6% YoY); net charge-offs $1.6M (0.16% annualized).
- Noninterest income $15.1M (+10.6% YoY); noninterest expense $32.2M (+1.0% YoY).
- Dividend $0.46 per share declared, unchanged from Q4 2023.

## SEC filing metadata
- accession: 0000350852-24-000057
- form_type: 8-K
- ticker: CTBI
- cik: 0000350852
- company_name: COMMUNITY TRUST BANCORP INC /KY/
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/350852/000035085224000057/0000350852-24-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350852/000035085224000057/ctbi0324er8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350852-24-000057
- JSON: https://secwatch.observer/filing/0000350852-24-000057.json
- Plain text: https://secwatch.observer/filing/0000350852-24-000057.txt

## Key facts
- Earnings Releases
  COMMUNITY TRUST BANCORP INC /KY/ reported the quarter ended March 31, 2024 results: net income $18,679, EPS $1.04 per basic share.
  - Period: the quarter ended March 31, 2024
  - Net income: $18,679
  - EPS: $1.04 per basic share
  - Result: reported results
  source text: On April 17, 2024, Community Trust Bancorp, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/350852/000035085224000057/0000350852-24-000057-index.htm

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