Kentucky Bancshares, the Paris-based parent company of Kentucky Bank, announced this week that first-quarter earnings rose 28 percent compared with the same period in 2011.

The company earned $1.62 million, or 60 cents a share, compared with $1.26 million, or 46 cents a share, for the same period in 2011.

Kentucky Bank has offices in Cynthiana, Georgetown, Morehead, Nicholasville, Paris, Sandy Hook, Versailles, Wilmore and Winchester.