Community Trust Bancorp, Inc. Reports Record Earnings for the 4th Quarter and Year 2025

Community Trust Bancorp, Inc. Reports Record Earnings for the 4th Quarter and Year 2025 January 21, 2026 Community Trust Bancorp, Inc. (NASDAQ: CTBI): Earnings Summary (in thousands except per share data) 4Q 2025 3Q 2025 4Q 2024 Year 2025 Year 2024 Net income $27,276 $23,911 $22,493 $98,058 $82,813 Earnings per share $1.51 $1.33 $1.25 $5.44 $4.61 Earnings per share – diluted $1.51 $1.32 $1.25 $5.43 $4.61 Return on average assets 1.63% 1.46% 1.47% 1.53% 1.41% Return on average equity 12.71% 11.53% 11.77% 12.07% 11.31% Efficiency ratio 48.70% 50.86% 51.60% 50.48% 52.57% Tangible common equity 11.94% 11.65% 11.29% Dividends declared per share $0.53 $0.53 $0.47 $2.00 $1.86 Book value per share $47.26 $45.91 $41.95 Weighted average shares 18,025 18,019 17,971 18,013 17,950 Weighted average shares – diluted 18,064 18,053 18,009 18,044 17,977 Community Trust Bancorp, Inc. (NASDAQ-CTBI) achieved record earnings for the fourth quarter 2025 of $27.3 million, or $1.51 per basic share, compared to $23.9 million, or $1.33 per basic share, earned during the third quarter 2025 and $22.5 million, or $1.25 per basic share, earned during the fourth quarter 2024. Total revenue for the quarter was $3.2 million above prior quarter and $9.0 million above prior year same quarter. Net interest revenue for the quarter increased $2.6 million compared to prior quarter and $8.6 million compared to prior year same quarter, and noninterest income increased $0.7 million compared to prior quarter and $0.4 million compared to prior year same quarter. Our provision for credit losses for the quarter decreased $1.0 million from prior quarter but increased $0.3 million from prior year same quarter. Noninterest expense decreased $0.3 million compared to prior quarter but increased $2.7 million compared to prior year same quarter. Earnings for the year 2025 were a record $98.1 million, $15.2 million, or $0.83 per basic share, above prior year. 4th Quarter 2025 Highlights Net interest income for the quarter of $58.1 million was $2.6 million, or 4.6%, above prior quarter and $8.6 million, or 17.3%, above prior year same quarter, as our net interest margin increased 7 basis points from prior quarter and 24 basis points from prior year same quarter.Provision for credit losses at $2.9 million for the quarter decreased $1.0 million from prior quarter but increased $0.3 million from prior year same quarter.Noninterest income for the quarter ended December 31, 2025 of $16.6 million was $0.7 million, or 4.1%, above prior quarter and $0.4 million, or 2.7%, above prior year same quarter.Noninterest expense for the quarter ended December 31, 2025 of $36.5 million was $0.3 million, or 0.8%, below prior quarter but $2.7 million, or 7.9%, above prior year same quarter.Our loan portfolio at $4.9 billion increased $101.0 million, an annualized 8.4%, from prior quarter and $408.3 million, or 9.1%, from prior year.We had net loan charge-offs of $1.8 million, an annualized 0.14% of average loans, for the fourth quarter 2025 compared to $2.7 million, an annualized 0.23% of average loans, for the third quarter 2025 and $1.0 million, an annualized 0.09% of average loans, for the fourth quarter 2024.Our total nonperforming loans at $19.2 million at December 31, 2025 decreased $5.5 million from prior quarter and $7.5 million from prior year. Nonperforming assets at $22.2 million decreased $7.3 million from prior quarter and $8.1 million from prior year.Deposits, including repurchase agreements, at $5.7 billion increased $27.5 million, an annualized 1.9%, from prior quarter and $387.5 million, or 7.3%, from prior year.Shareholders’ equity at $856.1 million increased $24.7 million, an annualized 11.8%, from prior quarter and $98.5 million, or 13.0%, from prior year. Net Interest Income Percent Change (%) 4Q 2025 Compared to: ($ in thousands) 4Q 2025 3Q 2025 4Q 2024 3Q 2025 4Q 2024 Year 2025 Year 2024 Percent Change (%) Components of net interest income: Income on earning assets $89,532 $88,562 $81,979 1.1% 9.2% $345,719 $313,443 10.3% Expense on interest bearing liabilities 31,415 33,008 32,452 (4.8%) (3.2%) 126,741 127,448 (0.6%) Net interest income 58,117 55,554 49,527 4.6% 17.3% 218,978 185,995 17.7% TEQ 323 301 273 7.6% 18.7% 1,180 1,139 3.6% Net interest income, tax equivalent $58,440 $55,855 $49,800 4.6% 17.4% $220,158 $187,134 17.6% Average yield and rates paid: Earning assets yield 5.64% 5.73% 5.66% (1.7%) (0.4%) 5.71% 5.65% 1.1% Rate paid on interest bearing liabilities 2.78% 3.01% 3.18% (7.6%) (12.5%) 2.95% 3.30% (10.6%) Net interest spread 2.86% 2.72% 2.48% 4.8% 15.2% 2.76% 2.35% 16.9% Net interest margin 3.67% 3.60% 3.43% 1.8% 7.0% 3.62% 3.36% 7.8% Average balances: Investment securities $1,076,245 $1,006,259 $1,075,698 7.0% 0.1% $1,032,728 $1,102,434 (6.3%) Loans 4,821,223 4,736,104 4,399,291 1.8% 9.6% 4,690,521 4,247,762 10.4% Earning assets 6,321,901 6,151,134 5,779,438 2.8% 9.4% 6,077,559 5,569,948 9.1% Interest-bearing liabilities 4,485,186 4,353,313 4,059,061 3.0% 10.5% 4,299,232 3,867,733 11.2% Net interest income for the quarter of $58.1 million was $2.6 million, or 4.6%, above prior quarter and $8.6 million, or 17.3%, above prior year same quarter, as our net interest margin, on a fully tax equivalent basis, increased 7 basis points from prior quarter and 24 basis points from prior year same quarter. Our quarterly average earning assets increased $170.8 million, an annualized 11.0%, from prior quarter and $542.5 million, or 9.4%, from prior year same quarter. Our yield on average earning assets decreased 9 basis points from prior quarter and 2 basis points from prior year same quarter, while our cost of funds increased 23 basis points from prior quarter and 40 basis points from prior year same quarter. Net interest income for the year 2025 at $219.0 million was $33.0 million, or 17.7%, above prior year. Our ratio of average loans to deposits, including repurchase agreements, was 84.9% for the quarter ended December 31, 2025 compared to 85.6% for the quarter ended September 30, 2025 and 84.4% for the quarter ended December 31, 2024. Noninterest Income Percent Change (%) 4Q 2025 Compared to: ($ in thousands) 4Q 2025 3Q 2025 4Q 2024 3Q 2025 4Q 2024 Year 2025 Year 2024 Percent Change (%) Deposit related fees $7,537 $8,131 $7,619 (7.3%) (1.1%) $29,840 $29,824 0.1% Trust revenue 4,422 4,277 3,961 3.4% 11.6% 16,772 14,921 12.4% Gains on sales of loans 107 89 50 19.3% 114.9% 320 294 8.7% Loan related fees 932 897 1,472 3.8% (36.7%) 4,043 4,957 (18.4%) Bank owned life insurance revenue 1,179 1,144 915 3.1% 28.8% 4,460 5,236 (14.8%) Brokerage revenue 522 588 536 (11.2%) (2.5%) 2,130 2,272 (6.3%) Other 1,904 820 1,607 132.2% 18.5% 6,052 5,061 19.6% Total noninterest income $16,603 $15,946 $16,160 4.1% 2.7% $63,617 $62,565 1.7% Noninterest income for the quarter ended December 31, 2025 of $16.6 million was $0.7 million, or 4.1%, above prior quarter and $0.4 million, or 2.7%, above prior year same quarter. The variance quarter over quarter was primarily the result of increases in net securities gains ($0.6 million) and net gains on the sale of fixed assets ($0.5 million), partially offset by decreased deposit related fees ($0.6 million). Year over year increases for the quarter in trust revenue ($0.5 million), bank owned life insurance revenue ($0.3 million), and net gains on the sale of fixed assets ($0.5 million) were partially offset by decreases in loan related fees ($0.5 million) and securities gains ($0.3 million). Noninterest income for the year 2025 of $63.6 million was a $1.1 million, or 1.7%, increase from prior year. Primary factors in the year over year increase were increases in trust revenue ($1.9 million), insurance commissions ($0.4 million), net gains on the sale of fixed assets ($0.5 million), partially offset by decreases in loan related fees ($0.9 million), securities gains ($0.3 million), and bank owned life insurance revenue ($0.8 million). The decrease in loan related fees resulted primarily from the fluctuation in the fair market value of our mortgage servicing rights. The variances in securities gains primarily resulted from changes in the valuation of our equity securities. In an attempt to modernize our delivery channel in the Mt. Sterling Market, we are in the process of consolidating two of our branches into a newly constructed modern branch. During the fourth quarter, we recognized the sale of one of the branch locations being closed, along with a parking lot, resulting in a $0.5 million gain on the sale of fixed assets. We are also donating one of the branch locations, which resulted in a $0.4 million contribution expense. Noninterest Expense Percent Change (%) 4Q 2025 Compared to: ($ in thousands) 4Q 2025 3Q 2025 4Q 2024 3Q 2025 4Q 2024 Year 2025 Year 2024 Percent Change (%) Salaries $13,981 $13,913 $13,310 0.5% 5.0% $54,830 $52,757 3.9% Employee benefits 7,952 7,861 6,883 1.2% 15.5% 30,649 26,670 14.9% Net occupancy and equipment 3,373 3,261 3,015 3.4% 11.9% 13,246 12,204 8.5% Data processing 2,877 3,575 3,181 (19.5%) (9.5%) 12,637 11,172 13.1% Legal and professional fees 1,019 1,045 1,039 (2.5%) (1.9%) 4,290 3,873 10.8% Advertising and marketing 776 953 821 (18.6%) (5.6%) 3,167 3,130 1.2% Taxes other than property and payroll 687 564 436 21.8% 57.5% 2,353 1,754 34.1% Other 5,787 5,572 5,084 3.9% 13.8% 21,895 19,363 13.1% Total noninterest expense $36,452 $36,744 $33,769 (0.8%) 7.9% $143,067 $130,923 9.3% Noninterest expense for the quarter ended December 31, 2025 of $36.5 million was $0.3 million, or 0.8%, below prior quarter but $2.7 million, or 7.9%, above prior year same quarter. The quarter over quarter decrease primarily resulted from decreases in data processing expense ($0.7 million) and repossession expense ($0.7 million), partially offset by increases in personnel expense ($0.2 million) and contributions ($0.6 million). The year over year increase for the quarter included increases in personnel expense ($1.7 million), occupancy and equipment expense ($0.4 million), taxes other than property and payroll ($0.3 million), and contributions ($0.6 million), partially offset by decreases in data processing expense ($0.3 million) and repossession expense ($0.3 million). Noninterest expense for the year 2025 of $143.1 million increased $12.1 million, or 9.3%, from prior year. We experienced increased expenses year over year in personnel ($6.1 million), data processing ($1.5 million), occupancy and equipment ($1.0 million), taxes other than property and payroll ($0.6 million), legal ($0.5 million), and contributions ($0.7 million). The year over year increase in personnel expense included increases in salaries ($2.1 million), bonuses and incentives ($1.9 million), and other employee benefits ($2.1 million). The increase in contribution expense was primarily a result of the $0.4 million contribution expense resulting from a donation of one of our Mt. Sterling branch locations discussed above in the Noninterest Income section. Balance Sheet Review Total Loans Percent Change (%) 4Q 2025 Compared to: ($ in thousands) 4Q 2025 3Q 2025 4Q 2024 3Q 2025 4Q 2024 Commercial nonresidential real estate $959,915 $921,682 $865,031 4.1% 11.0% Commercial residential real estate 580,652 573,270 508,310 1.3% 14.2% Hotel/motel 497,764 483,833 458,832 2.9% 8.5% Other commercial 454,944 446,125 440,506 2.0% 3.3% Total commercial 2,493,275 2,424,910 2,272,679 2.8% 9.7% Residential mortgage 1,206,820 1,157,540 1,043,401 4.3% 15.7% Home equity loans/lines 186,798 184,191 167,425 1.4% 11.6% Total residential 1,393,618 1,341,731 1,210,826 3.9% 15.1% Consumer indirect 862,458 877,555 850,289 (1.7%) 1.4% Consumer direct 145,591 149,719 152,843 (2.8%) (4.7%) Total consumer 1,008,049 1,027,274 1,003,132 (1.9%) 0.5% Total loans $4,894,942 $4,793,915 $4,486,637 2.1% 9.1% Total Deposits and Repurchase Agreements Percent Change (%) 4Q 2025 Compared to: ($ in thousands) 4Q 2025 3Q 2025 4Q 2024 3Q 2025 4Q 2024 Noninterest bearing deposits $1,263,243 $1,248,573 $1,242,676 1.2% 1.7% Interest bearing deposits Interest checking 195,458 194,327 167,736 0.6% 16.5% Money market savings 1,877,815 1,815,111 1,781,415 3.5% 5.4% Savings accounts 499,276 501,189 511,378 (0.4%) (2.4%) Time deposits 1,553,266 1,626,261 1,366,984 (4.5%) 13.6% Repurchase agreements 308,799 284,863 240,166 8.4% 28.6% Total interest bearing deposits and repurchase agreements 4,434,614 4,421,751 4,067,679 0.3% 9.0% Total deposits and repurchase agreements $5,697,857 $5,670,324 $5,310,355 0.5% 7.3% CTBI’s total assets at $6.7 billion as of December 31, 2025 increased $46.0 million, or 2.7% annualized, from prior quarter and $490.9 million, or 7.9%, from prior year. Loans outstanding at $4.9 billion increased $101.0 million, an annualized 8.4%, from prior quarter and $408.3 million, or 9.1%, from prior year. The increase in loans from prior quarter included a $68.4 million increase in the commercial loan portfolio and a $51.9 million increase in the residential loan portfolio, partially offset by a $15.1 million decrease in the consumer indirect loan portfolio and a $4.2 million decrease in the consumer direct loan portfolio. CTBI’s investment portfolio at $1.1 billion increased $82.9 million, an annualized 31.6%, from prior quarter and $65.4 million, or 6.2%, from prior year. Deposits in other banks decreased $135.6 million from prior quarter, as a result of funding our investment portfolio and loan growth, but increased $4.3 million from December 31, 2024. Deposits, including repurchase agreements, at $5.7 billion increased $27.5 million, an annualized 1.9%, from prior quarter and $387.5 million, or 7.3%, from prior year. CTBI is not dependent on any one customer or group of customers for their source of deposits. As of December 31, 2025, two customers accounted for 3% each of our $5.4 billion in deposits. Only two customer relationships accounted for more than 1% each. Shareholders’ equity at $856.1 million increased $24.7 million, an annualized 11.8%, during the quarter and $98.5 million, or 13.0%, from prior year end. Net unrealized losses on securities, net of deferred taxes, were $64.8 million at December 31, 2025, compared to $71.1 million at September 30, 2025 and $98.4 million at December 31, 2024. CTBI’s annualized dividend yield to shareholders as of December 31, 2025 was 3.75%. Asset Quality Our total nonperforming loans at $19.2 million at December 31, 2025 decreased $5.5 million from prior quarter and $7.5 million from prior year. Nonaccrual loans at $8.5 million decreased $7.1 million from prior quarter and $7.8 million from prior year. Accruing loans 90+ days past due at $10.6 million increased $1.6 million from prior quarter and $0.3 million from prior year. Accruing loans 30-89 days past due at $20.2 million increased $1.7 million from prior quarter and $3.3 million from prior year. Our loan portfolio management processes focus on the immediate identification, management, and resolution of problem loans to maximize recovery and minimize loss. We had net loan charge-offs of $1.8 million, an annualized 0.14% of average loans, for the fourth quarter 2025 compared to $2.7 million, an annualized 0.23% of average loans, for the third quarter 2025 and $1.0 million, an annualized 0.09% of average loans, for the fourth quarter 2024. Of the net charge-offs for the quarter, $1.0 million were in commercial loans, $0.6 million were in consumer indirect loans, and $0.2 million were in consumer direct loans. Net-charge offs for the year 2025 were $7.4 million, an annualized 0.16% of average loans, compared to $5.5 million, an annualized 0.13% of average loans, for the year 2024. Allowance for Credit Losses Our provision for credit losses at $2.9 million for the quarter decreased $1.0 million from prior quarter but increased $0.3 million from prior year same quarter. Of the provision for the quarter, $2.6 million was allotted to fund changes in loan volume and composition, $0.2 million was allotted based on quantitative and qualitative factors, and $0.1 million was allotted for unfunded commitments. Provision for credit losses for the year 2025 of $12.4 million was a $1.5 million increase over the year 2024. Our reserve coverage (allowance for credit losses to nonperforming loans) at December 31, 2025 was 314.0% compared to 239.5% at September 30, 2025 and 206.0% at December 31, 2024. Our loan loss reserve as a percentage of total loans outstanding at December 31, 2025 remained at 1.23% from September 30, 2025 and December 31, 2024. Forward-Looking Statements Certain of the statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. CTBI’s actual results may differ materially from those included in the forward-looking statements. Forward-looking statements are typically identified by words or phrases such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “may increase,” “may fluctuate,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” and “could.” These forward-looking statements involve risks and uncertainties including, but not limited to, economic conditions, portfolio growth, the credit performance of the portfolios, including bankruptcies, and seasonal factors; changes in general economic conditions including the performance of financial markets, prevailing inflation and interest rates, realized gains from sales of investments, gains from asset sales, and losses on commercial lending activities; the effects of epidemics, pandemics, or other infectious disease outbreaks; results of various investment activities; the effects of competitors’ pricing policies, changes in laws and regulations, competition, and demographic changes on target market populations’ savings and financial planning needs; industry changes in information technology systems on which we are highly dependent; failure of acquisitions to produce revenue enhancements or cost savings at levels or within the time frames originally anticipated or unforeseen integration difficulties; the resolution of legal proceedings and related matters. In addition, the banking industry in general is subject to various monetary, operational, and fiscal policies and regulations, which include, but are not limited to, those determined by the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, and state regulators, whose policies, regulations, and enforcement actions could affect CTBI’s results. These statements are representative only on the date hereof, and CTBI undertakes no obligation to update any forward-looking statements made. Community Trust Bancorp, Inc., with assets of $6.7 billion, is headquartered in Pikeville, Kentucky and has 72 banking locations across eastern, northeastern, central, and south central Kentucky, six banking locations in southern West Virginia, three banking locations in northeastern Tennessee, four trust offices across Kentucky, and one trust office in Tennessee. Additional information follows. Community Trust Bancorp, Inc.Financial Summary (Unaudited)December 31, 2025(in thousands except per share data and # of employees)ThreeThreeThreeTwelveTwelveMonthsMonthsMonthsMonthsMonthsEndedEndedEndedEndedEndedDecember 31, 2025September 30, 2025December 31, 2024December 31, 2025December 31, 2024Interest income $ 89,532 $ 88,562 $ 81,979 $ 345,719 $ 313,443 Interest expense 31,415 33,008 32,452 126,741 127,448 Net interest income 58,117 55,554 49,527 218,978 185,995 Provision for credit losses 2,908 3,866 2,587 12,436 10,951 Gains on sales of loans 107 89 50 320 294 Deposit related fees 7,537 8,131 7,619 29,840 29,824 Trust revenue 4,422 4,277 3,961 16,772 14,921 Loan related fees 932 897 1,472 4,043 4,957 Securities gains (losses) 194 (449) 521 375 631 Other noninterest income 3,411 3,001 2,537 12,267 11,938 Total noninterest income 16,603 15,946 16,160 63,617 62,565 Personnel expense 21,933 21,774 20,193 85,479 79,427 Occupancy and equipment 3,373 3,261 3,015 13,246 12,204 Data processing expense 2,877 3,575 3,181 12,637 11,172 FDIC insurance premiums 745 703 670 2,825 2,586 Other noninterest expense 7,524 7,431 6,710 28,880 25,534 Total noninterest expense 36,452 36,744 33,769 143,067 130,923 Net income before taxes 35,360 30,890 29,331 127,092 106,686 Income taxes 8,084 6,979 6,838 29,034 23,873 Net income $ 27,276 $ 23,911 $ 22,493 $ 98,058 $ 82,813 Memo: TEQ interest income $ 89,855 $ 88,863 $ 82,252 $ 346,899 $ 314,582 Average shares outstanding 18,025 18,019 17,971 18,013 17,950 Diluted average shares outstanding 18,064 18,053 18,009 18,044 17,977 Basic earnings per share $ 1.51 $ 1.33 $ 1.25 $ 5.44 $ 4.61 Diluted earnings per share $ 1.51 $ 1.32 $ 1.25 $ 5.43 $ 4.61 Dividends per share $ 0.53 $ 0.53 $ 0.47 $ 2.00 $ 1.86 Average balances:Loans $ 4,821,223 $ 4,736,104 $ 4,399,291 $ 4,690,521 $ 4,247,762 Earning assets 6,321,901 6,151,134 5,779,438 6,077,559 5,569,948 Total assets 6,657,596 6,487,817 6,100,136 6,410,466 5,893,995 Deposits, including repurchase agreements 5,677,448 5,531,461 5,215,204 5,469,702 5,036,906 Interest bearing liabilities 4,485,186 4,353,313 4,059,061 4,299,232 3,867,733 Shareholders' equity 851,231 823,016 760,223 812,162 732,119 Performance ratios:Return on average assets 1.63% 1.46% 1.47% 1.53% 1.41% Return on average equity 12.71% 11.53% 11.77% 12.07% 11.31% Yield on average earning assets (tax equivalent) 5.64% 5.73% 5.66% 5.71% 5.65% Cost of interest bearing funds (tax equivalent) 2.78% 3.01% 3.18% 2.95% 3.30% Net interest margin (tax equivalent) 3.67% 3.60% 3.43% 3.62% 3.36% Efficiency ratio (tax equivalent) 48.70% 50.86% 51.60% 50.48% 52.57% Loan charge-offs $ 3,022 $ 4,024 $ 2,264 $ 12,296 $ 10,503 Recoveries (1,267) (1,276) (1,285) (4,865) (4,977) Net charge-offs $ 1,755 $ 2,748 $ 979 $ 7,431 $ 5,526 Market Price:High $ 61.55 $ 59.67 $ 61.66 $ 61.55 $ 61.66 Low $ 50.25 $ 52.60 $ 46.55 $ 44.60 $ 38.44 Close $ 56.50 $ 55.95 $ 53.03 $ 56.50 $ 53.03 As ofAs ofAs ofDecember 31, 2025September 30, 2025December 31, 2024Assets:Loans $ 4,894,942 $ 4,793,915 $ 4,486,637 Allowance for credit losses (60,169) (59,135) (54,968) Net loans 4,834,773 4,734,780 4,431,669 Loans held for sale 211 483 184 Securities AFS 1,120,719 1,037,965 1,055,728 Equity securities at fair value 4,154 3,961 3,781 Other equity investments 10,087 9,948 9,949 Other earning assets 302,928 438,501 298,580 Cash and due from banks 62,851 71,218 73,021 Premises and equipment 52,611 52,245 49,630 Right of use asset 15,433 15,974 14,385 Goodwill 65,490 65,490 65,490 Other assets 214,881 207,564 190,828 Total Assets $ 6,684,138 $ 6,638,129 $ 6,193,245 Liabilities and Equity:Interest bearing checking $ 195,458 $ 194,327 $ 167,736 Savings deposits 2,377,091 2,316,300 2,292,793 CD's >=$100,000 960,517 992,728 795,619 Other time deposits 592,749 633,533 571,365 Total interest bearing deposits 4,125,815 4,136,888 3,827,513 Noninterest bearing deposits 1,263,243 1,248,573 1,242,676 Total deposits 5,389,058 5,385,461 5,070,189 Repurchase agreements 308,799 284,863 240,166 Other interest bearing liabilities 64,577 64,641 64,830 Lease liability 16,417 16,909 15,190 Other noninterest bearing liabilities 49,215 54,882 45,286 Total liabilities 5,828,066 5,806,756 5,435,661 Shareholders' equity 856,072 831,373 757,584 Total Liabilities and Equity $ 6,684,138 $ 6,638,129 $ 6,193,245 Ending shares outstanding 18,116 18,110 18,058 30 - 89 days past due loans $ 20,182 $ 18,500 $ 16,833 90 days past due loans 10,623 9,040 10,317 Nonaccrual loans 8,539 15,647 16,369 Foreclosed properties 3,066 4,856 3,647 Community bank leverage ratio 13.64% 13.68% 13.76% Tangible equity to tangible assets ratio 11.94% 11.65% 11.29% FTE employees 930 929 934 FOR ADDITIONAL INFORMATION, PLEASE CONTACT MARK A. GOOCH, CHAIRMAN, PRESIDENT, AND CEO, COMMUNITY TRUST BANCORP, INC. AT (606) 437-3229 Source: Community Trust Bancorp, Inc.