Community Trust Bancorp Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported interest income of $40,673,000 compared to $36,996,000 a year ago. Net interest income of $35,102,000 compared to $33,411,000 a year ago. Net income before taxes was $16,920,000 compared to $16,878,000 a year ago. Net income was $14,912,000 or $0.84 per basic and diluted share compared to $11,866,000 or $0.67 per basic and diluted share a year ago. Return on average assets was 1.43% compared to 1.19% a year ago. Return on average equity was 11.18% compared to 9.41% a year ago. Book value per share as on December 31, 2017 was $30.00 compared to $28.40 as on December 31, 2016.

For the full year, the company reported interest income of $155,696,000 compared to $146,576,000 a year ago. Net interest income of $137,402,000 compared to $133,021,000 a year ago. Net income before taxes was $68,511,000 compared to $66,464,000 a year ago. Net income was $51,493,000 or $2.92 per diluted share compared to $47,346,000 or $2.70 per basic and diluted share a year ago. Return on average assets was 1.27% compared to 1.21% a year ago. Return on average equity was 9.93% compared to 9.58% a year ago.

For the fourth quarter of 2017 the company reported net charge-offs of $3,102,000 compared to $1,911,000 a year ago.