Business

Annual earnings up at Kentucky Bank

Kentucky Bancshares, the Paris-based parent company of Kentucky Bank, announced recently that its fourth-quarter earnings dipped slightly while its annual profit rose compared to 2010.

For the quarter, the company earned $1.23 million, or 44 cents per share. That's down 0.7 percent from $1.239 million, or 46 cents per share, compared to the same time period in 2010.

For the year, the company earned $5.687 million, or $2.09 per share, up 15.1 percent from $4.939 million, or $1.81 per share, in 2010.

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

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