Farmers Capital Bank Corp. announced Thursday that it earned $1.3 million, or 11 cents a share, for the quarter ending Sept. 30. That reverses a loss of $174,000, or 9 cents a share, during the same period in 2009.
Driving the earnings was a $3.9 million increase in net gains on the sale of investment securities. Also, the company said its provision for loan losses fell $409,000, or 6.1 percent, compared to a year earlier.
Farmers Capital Bank operates 36 banking locations in 23 communities throughout Central and Northern Kentucky.