Earnings Summary
| ||||||||||||||||||||
(in thousands except per share data)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
YTD
2021
|
Year
2020
| |||||||||||||||
Net income
|
$
|
19,248
|
$
|
21,142
|
$
|
15,826
|
$
|
87,939
|
$
|
59,504
| ||||||||||
Earnings per share
|
$
|
1.08
|
$
|
1.19
|
$
|
0.89
|
$
|
4.94
|
$
|
3.35
| ||||||||||
Earnings per share - diluted
|
$
|
1.08
|
$
|
1.19
|
$
|
0.89
|
$
|
4.94
|
$
|
3.35
| ||||||||||
Return on average assets
|
1.41
|
%
|
1.54
|
%
|
1.24
|
%
|
1.63
|
%
|
1.23
|
%
| ||||||||||
Return on average equity
|
10.94
|
%
|
12.06
|
%
|
9.64
|
%
|
12.88
|
%
|
9.36
|
%
| ||||||||||
Efficiency ratio
|
55.40
|
%
|
53.50
|
%
|
62.75
|
%
|
53.11
|
%
|
58.30
|
%
| ||||||||||
Tangible common equity
|
11.82
|
%
|
11.77
|
%
|
11.62
|
%
| ||||||||||||||
Dividends declared per share
|
$
|
0.400
|
$
|
0.400
|
$
|
0.385
|
$
|
1.570
|
$
|
1.530
| ||||||||||
Book value per share
|
$
|
39.13
|
$
|
38.78
|
$
|
36.77
| ||||||||||||||
Weighted average shares
|
17,796
|
17,790
|
17,755
|
17,786
|
17,748
| |||||||||||||||
Weighted average shares - diluted
|
17,820
|
17,808
|
17,769
|
17,804
|
17,756
|
❖
|
Net interest income for the quarter of $40.8 million was $1.2 million, or 2.9%, below prior quarter but $2.2 million, or 5.7%, above fourth quarter 2020.
|
❖
|
Provision for credit losses for the fourth quarter 2021 was $0.5 million compared to a recovery of provision of $0.2 million during the quarter ended September 30, 2021. Provision for credit losses for the fourth quarter 2020 totaled $1.0 million.
|
❖
|
Our loan portfolio increased $10.6 million, an annualized 1.2%, during the quarter but was a decline of $145.4 million, or 4.1%, from December 31, 2020. Loans, excluding PPP loans, increased $62.4 million during the quarter.
|
❖
|
We experienced a net recovery of loan charge-offs for the quarter of $8 thousand. Net charge-offs for the quarter ended September 30, 2021, were $0.3 million, or 0.04% of average loans annualized, and $0.9 million, or 0.10% of average loans annualized, for the fourth quarter 2020.
|
❖
|
Asset quality remains strong from prior quarter as our nonperforming loans, excluding troubled debt restructurings, decreased to $16.6 million at December 31, 2021 from $18.7 million at September 30, 2021 and $26.6 million at December 31, 2020. Nonperforming assets at $20.1 million decreased $2.9 million from September 30, 2021 and $14.2 million from December 31, 2020.
|
❖
|
Deposits, including repurchase agreements, increased $27.1 million, an annualized 2.3%, during the quarter and $243.4 million, or 5.6%, from December 31, 2020.
|
❖
|
Noninterest income for the quarter ended December 31, 2021 of $15.0 million increased from prior quarter by $0.6 million, or 4.1%, but decreased $0.3 million, or 1.8%, from prior year same quarter.
|
❖
|
Noninterest expense for the quarter ended December 31, 2021 of $31.1 million increased $0.8 million, or 2.7%, from prior quarter, but decreased $2.5 million, or 7.4%, from prior year same quarter.
|
❖
|
We experienced a $5.8 million decline in taxes other than property and payroll year over year and a corresponding increase in income taxes, as a result of the Kentucky enacted legislation requiring financial institutions to transition from a bank franchise tax to the Kentucky corporate income tax beginning in 2021. Our effective income tax rate for the year 2021 was 16% compared to 14% for the year 2020.
|
Percent Change
| ||||||||||||||||||||||||||||||||
4Q 2021 Compared to:
| ||||||||||||||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
|
Year
2021
|
Year
2020
|
Percent Change
| ||||||||||||||||||||||||
Components of net interest income
| ||||||||||||||||||||||||||||||||
Income on earning assets
|
$
|
44,357
|
$
|
45,726
|
$
|
43,148
|
(3.0
|
)%
|
2.8
|
%
|
$
|
178,169
|
$
|
176,441
|
1.0
|
%
| ||||||||||||||||
Expense on interest bearing liabilities
|
3,541
|
3,712
|
4,543
|
(4.6
|
)
|
(22.1
|
)
|
15,090
|
25,450
|
(40.7
|
)
| |||||||||||||||||||||
Net interest income
|
$
|
40,816
|
$
|
42,014
|
$
|
38,605
|
(2.9
|
)%
|
5.7
|
%
|
$
|
163,079
|
$
|
150,991
|
8.0
|
%
| ||||||||||||||||
Average yield and rates paid
| ||||||||||||||||||||||||||||||||
Earning assets yield
|
3.45
|
%
|
3.52
|
%
|
3.58
|
%
|
(2.0
|
)%
|
(3.6
|
)%
|
3.50
|
%
|
3.88
|
%
|
(9.8
|
)%
| ||||||||||||||||
Rate paid on interest bearing liabilities
|
0.42
|
0.43
|
0.55
|
(2.3
|
)
|
(23.6
|
)
|
0.45
|
0.82
|
(45.1
|
)
| |||||||||||||||||||||
Gross interest margin
|
3.03
|
%
|
3.09
|
%
|
3.03
|
%
|
(1.9
|
)%
|
0.0
|
%
|
3.05
|
%
|
3.06
|
%
|
(0.3
|
)%
| ||||||||||||||||
Net interest margin
|
3.17
|
%
|
3.23
|
%
|
3.20
|
%
|
(1.9
|
)%
|
(0.9
|
)%
|
3.21
|
%
|
3.33
|
%
|
(3.6
|
)%
| ||||||||||||||||
Average balances
| ||||||||||||||||||||||||||||||||
Investment securities
|
$
|
1,496,322
|
$
|
1,511,178
|
$
|
988,910
|
(1.0
|
)%
|
51.3
|
%
|
$
|
1,324,689
|
$
|
825,164
|
60.5
|
%
| ||||||||||||||||
Loans
|
$
|
3,381,206
|
$
|
3,400,194
|
$
|
3,548,178
|
(0.6
|
)%
|
(4.7
|
)%
|
$
|
3,455,742
|
$
|
3,453,529
|
0.1
|
%
| ||||||||||||||||
Earning assets
|
$
|
5,133,843
|
$
|
5,184,749
|
$
|
4,821,196
|
(1.0
|
)%
|
6.5
|
%
|
$
|
5,115,961
|
$
|
4,562,172
|
12.1
|
%
| ||||||||||||||||
Interest-bearing liabilities
|
$
|
3,337,053
|
$
|
3,410,286
|
$
|
3,261,814
|
(2.1
|
)%
|
2.3
|
%
|
$
|
3,376,788
|
$
|
3,111,367
|
8.5
|
%
|
Percent Change
| ||||||||||||||||||||||||||||||||
4Q 2021 Compared to:
| ||||||||||||||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
|
Year
2021
|
Year
2020
|
Percent Change
| ||||||||||||||||||||||||
Deposit service charges
|
$
|
7,083
|
$
|
7,066
|
$
|
6,282
|
0.2
|
%
|
12.7
| % |
$
|
26,529
|
$
|
23,461
|
13.1
|
%
| ||||||||||||||||
Trust revenue
|
3,305
|
3,039
|
2,786
|
8.7
|
18.6
|
12,644
|
10,931
|
15.7
| ||||||||||||||||||||||||
Gains on sales of loans
|
1,241
|
1,239
|
2,520
|
0.1
|
(50.8
|
)
|
6,820
|
7,226
|
(5.6
|
)
| ||||||||||||||||||||||
Loan related fees
|
1,254
|
1,050
|
1,741
|
19.4
|
(28.0
|
)
|
5,578
|
4,041
|
38.0
| |||||||||||||||||||||||
Bank owned life insurance revenue
|
1,036
|
655
|
567
|
58.5
|
82.4
|
%
|
2,844
|
2,306
|
23.3
| |||||||||||||||||||||||
Brokerage revenue
|
432
|
519
|
488
|
(16.8
|
)
|
(11.3
|
)
|
1,962
|
1,483
|
32.3
| ||||||||||||||||||||||
Other
|
626
|
820
|
865
|
(23.5
|
)
|
(27.4
|
)
|
4,086
|
5,112
|
(20.1
|
)
| |||||||||||||||||||||
Total noninterest income
|
$
|
14,977
|
$
|
14,388
|
$
|
15,249
|
4.1
|
%
|
(1.8
|
)%
|
$
|
60,463
|
$
|
54,560
|
10.8
|
%
|
Percent Change
| ||||||||||||||||||||||||||||||||
4Q 2021 Compared to:
| ||||||||||||||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
|
Year
2021
|
Year
2020
|
Percent Change
| ||||||||||||||||||||||||
Salaries
|
$
|
11,982
|
$
|
11,962
|
$
|
11,797
|
0.2
|
%
|
1.6
|
%
|
$
|
47,061
|
$
|
46,448
|
1.3
|
%
| ||||||||||||||||
Employee benefits
|
7,486
|
6,891
|
8,309
|
8.6
|
(9.9
|
)
|
27,053
|
19,979
|
35.4
| |||||||||||||||||||||||
Net occupancy and equipment
|
2,625
|
2,733
|
2,595
|
(3.9
|
)
|
1.2
|
10,854
|
10,649
|
1.9
| |||||||||||||||||||||||
Data processing
|
2,099
|
1,911
|
2,152
|
9.8
|
(2.5
|
)
|
8,039
|
7,941
|
1.2
| |||||||||||||||||||||||
Legal and professional fees
|
868
|
685
|
669
|
26.8
|
29.8
|
3,199
|
3,725
|
(14.1
|
)
| |||||||||||||||||||||||
Advertising and marketing
|
676
|
820
|
981
|
(17.5
|
)
|
(31.0
|
)
|
2,928
|
2,980
|
(1.8
|
)
| |||||||||||||||||||||
Net other real estate owned expense
|
299
|
296
|
680
|
1.2
|
(56.0
|
)
|
1,401
|
2,655
|
(47.2
|
)
| ||||||||||||||||||||||
Other
|
5,114
|
5,030
|
6,453
|
1.6
|
(20.8
|
)
|
18,750
|
24,862
|
(24.6
|
)
| ||||||||||||||||||||||
Total noninterest expense
|
$
|
31,149
|
$
|
30,328
|
$
|
33,636
|
2.7
|
%
|
(7.4
|
)%
|
$
|
119,285
|
$
|
119,239
|
0.0
|
%
|
Total Loans
| ||||||||||||||||||||
Percent Change
| ||||||||||||||||||||
4Q 2021 Compared to:
| ||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
| |||||||||||||||
Commercial nonresidential real estate
|
$
|
757,893
|
$
|
732,442
|
$
|
743,238
|
3.5
|
%
|
2.0
|
%
| ||||||||||
Commercial residential real estate
|
335,233
|
330,660
|
287,928
|
1.4
|
16.4
| |||||||||||||||
SBA guaranteed PPP loans
|
47,335
|
99,116
|
252,667
|
(52.2
|
)
|
(81.3
|
)
| |||||||||||||
Other commercial
|
616,992
|
600,583
|
609,694
|
2.7
|
1.2
| |||||||||||||||
Total commercial
|
1,757,453
|
1,762,801
|
1,893,527
|
(0.3
|
)
|
(7.2
|
)
| |||||||||||||
Residential mortgage
|
767,185
|
763,005
|
784,559
|
0.5
|
(2.2
|
)
| ||||||||||||||
Home equity loans/lines
|
106,667
|
105,007
|
103,770
|
1.6
|
2.8
| |||||||||||||||
Total residential
|
873,852
|
868,012
|
888,329
|
0.7
|
(1.6
|
)
| ||||||||||||||
Consumer indirect
|
620,825
|
612,394
|
620,051
|
1.4
|
0.1
| |||||||||||||||
Consumer direct
|
156,683
|
155,022
|
152,304
|
1.1
|
2.9
| |||||||||||||||
Total consumer
|
777,508
|
767,416
|
772,355
|
1.3
|
0.7
| |||||||||||||||
Total loans
|
$
|
3,408,813
|
$
|
3,398,229
|
$
|
3,554,211
|
0.3
|
%
|
(4.1
|
)%
|
Total Deposits and Repurchase Agreements
| ||||||||||||||||||||
Percent Change
| ||||||||||||||||||||
4Q 2021 Compared to:
| ||||||||||||||||||||
($ in thousands)
|
4Q
2021
|
3Q
2021
|
4Q
2020
|
3Q
2021
|
4Q
2020
| |||||||||||||||
Non-interest bearing deposits
|
$
|
1,331,103
|
$
|
1,318,158
|
$
|
1,140,925
|
1.0
|
%
|
16.7
|
%
| ||||||||||
Interest bearing deposits
| ||||||||||||||||||||
Interest checking
|
97,064
|
90,657
|
78,308
|
7.1
|
24.0
| |||||||||||||||
Money market savings
|
1,206,401
|
1,210,551
|
1,228,742
|
(0.3
|
)
|
(1.8
|
)
| |||||||||||||
Savings accounts
|
632,645
|
616,561
|
527,436
|
2.6
|
19.9
| |||||||||||||||
Time deposits
|
1,077,079
|
1,060,309
|
1,040,671
|
1.6
|
3.5
| |||||||||||||||
Repurchase agreements
|
271,088
|
292,022
|
355,862
|
(7.2
|
)
|
(23.8
|
)
| |||||||||||||
Total interest bearing deposits and repurchase agreements
|
3,284,277
|
3,270,100
|
3,231,019
|
0.4
|
1.6
| |||||||||||||||
Total deposits and repurchase agreements
|
$
|
4,615,380
|
$
|
4,588,258
|
$
|
4,371,944
|
0.6
|
%
|
5.6
|
%
|
Community Trust Bancorp, Inc.
| ||||||||||||||||||||
Financial Summary (Unaudited)
| ||||||||||||||||||||
December 31, 2021 | ||||||||||||||||||||
(in thousands except per share data and # of employees)
| ||||||||||||||||||||
Three
|
Three
|
Three
|
Twelve
|
Twelve
| ||||||||||||||||
Months
|
Months
|
Months
|
Months
|
Months
| ||||||||||||||||
Ended
|
Ended
|
Ended
|
Ended
|
Ended
| ||||||||||||||||
December 31, 2021
|
September 30, 2021
|
December 31, 2020
|
December 31, 2021
|
December 31, 2020
| ||||||||||||||||
Interest income
|
$
|
44,357
|
$
|
45,726
|
$
|
43,148
|
$
|
178,169
|
$
|
176,441
| ||||||||||
Interest expense
|
3,541
|
3,712
|
4,543
|
15,090
|
25,450
| |||||||||||||||
Net interest income
|
40,816
|
42,014
|
38,605
|
163,079
|
150,991
| |||||||||||||||
Loan loss provision
|
533
|
(163
|
)
|
956
|
(6,386
|
)
|
16,047
| |||||||||||||
Gains on sales of loans
|
1,241
|
1,239
|
2,520
|
6,820
|
7,226
| |||||||||||||||
Deposit service charges
|
7,083
|
7,066
|
6,282
|
26,529
|
23,461
| |||||||||||||||
Trust revenue
|
3,305
|
3,039
|
2,786
|
12,644
|
10,931
| |||||||||||||||
Loan related fees
|
1,254
|
1,050
|
1,741
|
5,578
|
4,041
| |||||||||||||||
Securities gains (losses)
|
(208
|
)
|
(62
|
)
|
441
|
(158
|
)
|
1,769
| ||||||||||||
Other noninterest income
|
2,302
|
2,056
|
1,479
|
9,050
|
7,132
| |||||||||||||||
Total noninterest income
|
14,977
|
14,388
|
15,249
|
60,463
|
54,560
| |||||||||||||||
Personnel expense
|
19,468
|
18,853
|
20,106
|
74,114
|
66,427
| |||||||||||||||
Occupancy and equipment
|
2,625
|
2,733
|
2,595
|
10,854
|
10,649
| |||||||||||||||
Data processing expense
|
2,099
|
1,911
|
2,152
|
8,039
|
7,941
| |||||||||||||||
FDIC insurance premiums
|
339
|
393
|
320
|
1,381
|
1,056
| |||||||||||||||
Other noninterest expense
|
6,618
|
6,438
|
8,463
|
24,897
|
33,166
| |||||||||||||||
Total noninterest expense
|
31,149
|
30,328
|
33,636
|
119,285
|
119,239
| |||||||||||||||
Net income before taxes
|
24,111
|
26,237
|
19,262
|
110,643
|
70,265
| |||||||||||||||
Income taxes
|
4,863
|
5,095
|
3,436
|
22,704
|
10,761
| |||||||||||||||
Net income
|
$
|
19,248
|
$
|
21,142
|
$
|
15,826
|
$
|
87,939
|
$
|
59,504
| ||||||||||
Memo: TEQ interest income
|
$
|
44,581
|
$
|
45,952
|
$
|
43,336
|
$
|
179,066
|
$
|
177,168
| ||||||||||
Average shares outstanding
|
17,796
|
17,790
|
17,755
|
17,786
|
17,748
| |||||||||||||||
Diluted average shares outstanding
|
17,820
|
17,808
|
17,769
|
17,804
|
17,756
| |||||||||||||||
Basic earnings per share
|
$
|
1.08
|
$
|
1.19
|
$
|
0.89
|
$
|
4.94
|
$
|
3.35
| ||||||||||
Diluted earnings per share
|
$
|
1.08
|
$
|
1.19
|
$
|
0.89
|
$
|
4.94
|
$
|
3.35
| ||||||||||
Dividends per share
|
$
|
0.400
|
$
|
0.400
|
$
|
0.385
|
$
|
1.570
|
$
|
1.530
| ||||||||||
Average balances:
| ||||||||||||||||||||
Loans
|
$
|
3,381,206
|
$
|
3,400,194
|
$
|
3,548,178
|
$
|
3,455,742
|
$
|
3,453,529
| ||||||||||
Earning assets
|
5,133,843
|
5,184,749
|
4,821,196
|
5,115,961
|
4,562,172
| |||||||||||||||
Total assets
|
5,418,854
|
5,457,558
|
5,092,100
|
5,387,241
|
4,838,160
| |||||||||||||||
Deposits, including repurchase agreements
|
4,612,010
|
4,650,885
|
4,310,970
|
4,592,415
|
4,079,810
| |||||||||||||||
Interest bearing liabilities
|
3,337,053
|
3,410,286
|
3,261,814
|
3,376,788
|
3,111,367
| |||||||||||||||
Shareholders' equity
|
697,727
|
695,490
|
652,827
|
682,697
|
635,978
| |||||||||||||||
Performance ratios:
| ||||||||||||||||||||
Return on average assets
|
1.41
|
%
|
1.54
|
%
|
1.24
|
%
|
1.63
|
%
|
1.23
|
%
| ||||||||||
Return on average equity
|
10.94
|
%
|
12.06
|
%
|
9.64
|
%
|
12.88
|
%
|
9.36
|
%
| ||||||||||
Yield on average earning assets (tax equivalent)
|
3.45
|
%
|
3.52
|
%
|
3.58
|
%
|
3.50
|
%
|
3.88
|
%
| ||||||||||
Cost of interest bearing funds (tax equivalent)
|
0.42
|
%
|
0.43
|
%
|
0.55
|
%
|
0.45
|
%
|
0.82
|
%
| ||||||||||
Net interest margin (tax equivalent)
|
3.17
|
%
|
3.23
|
%
|
3.20
|
%
|
3.21
|
%
|
3.33
|
%
| ||||||||||
Efficiency ratio (tax equivalent)
|
55.40
|
%
|
53.50
|
%
|
62.75
|
%
|
53.11
|
%
|
58.30
|
%
| ||||||||||
Loan charge-offs
|
$
|
865
|
$
|
1,042
|
$
|
1,961
|
$
|
4,325
|
$
|
10,453
| ||||||||||
Recoveries
|
(873
|
)
|
(725
|
)
|
(1,041
|
)
|
(4,445
|
)
|
(4,292
|
)
| ||||||||||
Net charge-offs
|
$
|
(8
|
)
|
$
|
317
|
$
|
920
|
$
|
(120
|
)
|
$
|
6,161
| ||||||||
Market Price:
| ||||||||||||||||||||
High
|
$
|
46.21
|
$
|
42.95
|
$
|
38.50
|
$
|
47.53
|
$
|
46.87
| ||||||||||
Low
|
$
|
41.05
|
$
|
38.20
|
$
|
27.74
|
$
|
36.02
|
$
|
26.45
| ||||||||||
Close
|
$
|
43.61
|
$
|
42.10
|
$
|
37.05
|
$
|
43.61
|
$
|
37.05
|
Community Trust Bancorp, Inc.
|
Financial Summary (Unaudited)
|
December 31, 2021 |
(in thousands except per share data and # of employees)
|
As of
|
As of
|
As of
| ||||||||||
December 31, 2021
|
September 30, 2021
|
December 31, 2020
| ||||||||||
Assets:
| ||||||||||||
Loans
|
$
|
3,408,813
|
$
|
3,398,229
|
$
|
3,554,211
| ||||||
Loan loss reserve
|
(41,756
|
)
|
(41,215
|
)
|
(48,022
|
)
| ||||||
Net loans
|
3,367,057
|
3,357,014
|
3,506,189
| |||||||||
Loans held for sale
|
2,632
|
12,056
|
23,259
| |||||||||
Securities AFS
|
1,455,429
|
1,525,738
|
997,261
| |||||||||
Equity securities at fair value
|
2,253
|
2,461
|
2,471
| |||||||||
Other equity investments
|
13,026
|
13,026
|
14,935
| |||||||||
Other earning assets
|
267,286
|
143,789
|
286,074
| |||||||||
Cash and due from banks
|
46,558
|
66,075
|
54,250
| |||||||||
Premises and equipment
|
40,479
|
40,145
|
42,001
| |||||||||
Right of use asset
|
12,148
|
12,399
|
13,215
| |||||||||
Goodwill and core deposit intangible
|
65,490
|
65,490
|
65,490
| |||||||||
Other assets
|
145,899
|
147,392
|
133,996
| |||||||||
Total Assets
|
$
|
5,418,257
|
$
|
5,385,585
|
$
|
5,139,141
| ||||||
Liabilities and Equity:
| ||||||||||||
Interest bearing checking
|
$
|
97,064
|
$
|
90,657
|
$
|
78,308
| ||||||
Savings deposits
|
1,839,046
|
1,827,112
|
1,756,178
| |||||||||
CD's >=$100,000
|
589,853
|
565,869
|
545,613
| |||||||||
Other time deposits
|
487,226
|
494,440
|
495,058
| |||||||||
Total interest bearing deposits
|
3,013,189
|
2,978,078
|
2,875,157
| |||||||||
Noninterest bearing deposits
|
1,331,103
|
1,318,158
|
1,140,925
| |||||||||
Total deposits
|
4,344,292
|
4,296,236
|
4,016,082
| |||||||||
Repurchase agreements
|
271,088
|
292,022
|
355,862
| |||||||||
Other interest bearing liabilities
|
58,716
|
58,721
|
58,736
| |||||||||
Lease liability
|
13,005
|
13,229
|
13,972
| |||||||||
Other noninterest bearing liabilities
|
32,954
|
33,734
|
39,624
| |||||||||
Total liabilities
|
4,720,055
|
4,693,942
|
4,484,276
| |||||||||
Shareholders' equity
|
698,202
|
691,643
|
654,865
| |||||||||
Total Liabilities and Equity
|
$
|
5,418,257
|
$
|
5,385,585
|
$
|
5,139,141
| ||||||
Ending shares outstanding
|
17,843
|
17,837
|
17,810
| |||||||||
30 - 89 days past due loans
|
$
|
10,874
|
$
|
8,874
|
$
|
12,465
| ||||||
90 days past due loans
|
5,954
|
6,650
|
17,133
| |||||||||
Nonaccrual loans
|
10,671
|
12,084
|
9,444
| |||||||||
Restructured loans (excluding 90 days past due and nonaccrual)
|
69,827
|
70,932
|
68,554
| |||||||||
Foreclosed properties
|
3,486
|
4,314
|
7,694
| |||||||||
Community bank leverage ratio
|
13.00
|
%
|
12.71
|
%
|
12.70
|
%
| ||||||
Tangible equity to tangible assets ratio
|
11.82
|
%
|
11.77
|
%
|
11.62
|
%
| ||||||
FTE employees
|
974
|
960
|
998
|
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Community Trust Bancorp Inc. published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 13:41:21 UTC.