Community Trust earnings flat, year over year

jpatton1@herald-leader.comJuly 16, 2014 

Community Trust Bancorp reported Wednesday that second-quarter earnings were $12.2 million, or 70 cents a share, compared to $11.9 million, also 70 cents a share, in the same quarter of 2013.

Earnings for the quarter were up 11 cents over the first quarter of the year, the bank said.

Year to date, earnings for the first six months of the year were $22.3 million, or $1.29 a share, compared to $23.8 million, or $1.39 a share, in the first six months.

The year-to-date 10 cent decrease from last year is due to decreased income, partially offset by decreased loan losses and lower non-interest expenses, the bank said.

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