secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY TRUST BANCORP INC /KY/ (CTBI)
CIK:        0000350852
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0000350852-24-000057
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350852/000035085224000057/0000350852-24-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350852/000035085224000057/ctbi0324er8k.htm
  HTML page:      https://secwatch.observer/filing/0000350852-24-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer