Community Trust Bancorp, Inc. Reports Results of Operations for the Third Quarter, Earnings Year-to-Date 2008, and a Strong Capital Position.
Business Wire › October 15, 2008
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Community Trust Bancorp, Inc. Reports Results of Operations for the Third Quarter, Earnings Year-to-Date 2008, and a Strong Capital Position.
PIKEVILLE, Ky. -- Community Trust Bancorp, Inc. (NASDAQ:CTBI):
[TABLE OMITTED] Community Trust Bancorp, Inc. (NASDAQ:CTBI) reports earnings of $16.6 million or $1.11 per basic share year-to-date through September 30, 2008, although it had an operating loss of $0.6 million for the third quarter of 2008 commensurate with the actions of the federal government placing Freddie Mac and Fannie Mae into conservatorship and the market concerns related to this action. CTBI continues to maintain significantly higher capital than required for a well-capitalized designation. CTBI had a loss for the quarter ended September 30, 2008 of $0.04 per basic share. At June ...See the full content of this document
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