Kentucky Bank parent's first-quarter earnings up 5.6 percent

Kentucky Bancshares Inc.'s earnings for the first quarter, ending March 31, were up 5.6 percent over the same quarter of 2012, the company said Thursday.

The Paris-based parent company of Kentucky Bank, which has offices in eight Kentucky counties, said earnings were $1.71 million, compared to $1.62 million for the same quarter of 2012. Earnings increased to 63 cents a share from 60 cents.

Kentucky Bank's branch in Lexington is scheduled to open in May.