secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY TRUST BANCORP INC /KY/ (CTBI)
CIK:        0000350852
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0000350852-24-000144
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community Trust Bancorp Q3 net income $22.1M ($1.23 EPS), up 7.3% QoQ
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- Net income $22.1M vs $19.5M Q2 2024 and $20.6M Q3 2023; EPS $1.23 vs $1.09 prior quarter.
- Net interest income $47.2M (+3.3% QoQ, +9.4% YoY); net interest margin 3.39% (+1bp QoQ, +12bp YoY).
- Loans $4.35B (+8.3% annualized QoQ); deposits $5.07B (+8.8% annualized QoQ).
- Nonperforming loans $25.1M, up from $19.8M at June 30 and $13.0M a year ago.
- Net charge-offs $1.5M (0.14% annualized) vs $1.4M prior quarter; provision $2.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350852/000035085224000144/0000350852-24-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350852/000035085224000144/ctbi0924er8k.htm
  HTML page:      https://secwatch.observer/filing/0000350852-24-000144

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