Community Trust Bank Mortgage Rates, Fees & Info

Pikeville, KY

LEI: 254900MQ4O1DX3N88207

Tax ID: 61-0309037

5 stars - out of 5 stars, based on 63 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Community Trust Bank is a smaller bank specializing in Home Purchase and Refi loans. Community Trust Bank has a high proportion of conventional loans. Their top markets include Lexington, Knoxville, London, Richmond, and Huntington among others. Community Trust Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Community Trust Bank is typically a low fee lendor.


Originations

3,922

Origination Dollar Volume (All Markets)

$681,440,000

Employee count

923 Show all (17) awards

Relative Rate

Community Trust Bank 's average 30 year fixed rate mortgage of loans were 3.13%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.02%.

Relative Fees

Community Trust Bank 's average total fees for a 30 year fixed rate mortgage are $2,442.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 1,588 $212,100,000 $133,564 $2,283 3.13%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 546 $163,890,000 $300,165 $2,320 3.34%
KNOXVILLE, TN (FHA|USDA|VA) 221 $55,165,000 $249,615 $2,378 3.22%
London, KY (FHA|USDA|VA) 312 $36,280,000 $116,282 $2,186 3.48%
Richmond-Berea, KY (FHA|USDA|VA) 162 $32,190,000 $198,704 $2,291 3.33%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 238 $31,140,000 $130,840 $2,268 3.19%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 43 $20,225,000 $470,349 $2,820 3.56%
Campbellsville, KY (FHA|USDA|VA) 192 $18,550,000 $96,615 $2,415 3.36%
Frankfort, KY (FHA|USDA|VA) 98 $14,570,000 $148,673 $2,307 3.23%
Mount Sterling, KY (FHA|USDA|VA) 103 $13,455,000 $130,631 $2,170 3.26%
MORRISTOWN, TN (FHA|USDA|VA) 31 $11,305,000 $364,677 $3,263 2.96%
Somerset, KY (FHA|USDA|VA) 90 $11,260,000 $125,111 $2,046 3.24%
Danville, KY (FHA|USDA|VA) 67 $9,155,000 $136,642 $2,306 3.26%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 31 $7,975,000 $257,258 $2,323 3.28%
DAYTON-KETTERING, OH (FHA|USDA|VA) 6 $4,520,000 $753,333 $0 3.96%
Sevierville, TN (FHA|USDA|VA) 11 $3,875,000 $352,273 $3,110 3.41%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $3,400,000 $850,000 $4,519 3.38%
Middlesborough, KY (FHA|USDA|VA) 39 $3,165,000 $81,154 $2,017 3.09%
Maysville, KY (FHA|USDA|VA) 18 $2,910,000 $161,667 $2,216 3.26%
Greeneville, TN (FHA|USDA|VA) 7 $1,915,000 $273,571 $2,804 2.96%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 5 $1,805,000 $361,000 $4,220 2.95%
Mount Gay-Shamrock, WV (FHA|USDA|VA) 13 $1,795,000 $138,077 $2,191 3.00%
Portsmouth, OH (FHA|USDA|VA) 10 $1,550,000 $155,000 $2,776 3.01%
Glasgow, KY (FHA|USDA|VA) 10 $1,490,000 $149,000 $1,862 3.54%
Bardstown, KY (FHA|USDA|VA) 9 $1,475,000 $163,889 $2,311 3.26%
BOWLING GREEN, KY (FHA|USDA|VA) 6 $1,440,000 $240,000 $2,463 2.88%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 6 $1,170,000 $195,000 $2,118 3.35%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $1,135,000 $378,333 $3,913 3.50%
CHARLESTON, WV (FHA|USDA|VA) 11 $1,135,000 $103,182 $2,142 3.06%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $5,367 3.75%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $890,000 $445,000 $6,773 3.06%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $870,000 $435,000 $6,497 2.44%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $840,000 $420,000 $1,893 3.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $795,000 $795,000 $6,590 4.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $575,000 $191,667 $2,300 3.63%
Georgetown, SC (FHA|USDA|VA) 2 $540,000 $270,000 $4,221 3.25%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $530,000 $265,000 $1,763 2.88%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $505,000 $505,000 $11,693 2.25%
STOCKTON, CA (FHA|USDA|VA) 1 $425,000 $425,000 $3,008 2.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $390,000 $195,000 $2,932 3.81%
RICHMOND, VA (FHA|USDA|VA) 1 $375,000 $375,000 $3,521 3.38%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $355,000 $355,000 $3,036 3.63%
PANAMA CITY, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,979 3.00%
BECKLEY, WV (FHA|USDA|VA) 4 $330,000 $82,500 $2,197 3.59%
Cookeville, TN (FHA|USDA|VA) 2 $280,000 $140,000 $2,092 3.88%
Madison, IN (FHA|USDA|VA) 1 $265,000 $265,000 $3,540 3.50%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $255,000 $255,000 $3,941 3.00%
SAVANNAH, GA (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $245,000 $245,000 $3,490 2.38%
COLUMBUS, OH (FHA|USDA|VA) 1 $225,000 $225,000 $2,046 2.75%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $215,000 $215,000 $3,191 2.00%
Bluefield, WV-VA (FHA|USDA|VA) 1 $205,000 $205,000 $4,606 2.88%
Paducah, KY-IL (FHA|USDA|VA) 1 $175,000 $175,000 $2,379 3.50%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $4,605 2.88%
COLUMBIA, SC (FHA|USDA|VA) 1 $135,000 $135,000 $3,351 3.13%
WHEELING, WV-OH (FHA|USDA|VA) 1 $115,000 $115,000 $2,915 3.25%
Big Stone Gap, VA (FHA|USDA|VA) 1 $75,000 $75,000 $1,730 3.50%
OWENSBORO, KY (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.75%
Athens, TN (FHA|USDA|VA) 1 $15,000 $15,000 $0 4.25%

Community Trust Bank 's top markets include Lexington, Knoxville, London, Richmond, and Huntington among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 3,922 $681,440,000 $173,748 $2,327 3.24%

For the 2021 period, Community Trust Bank 's most frequently originated loan type of loans were Conventional, with 3,922 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,392 $350,180,000 $251,566 $2,270 3.45%
Refi 1,269 $209,325,000 $164,953 $2,231 2.97%
Cash Out Refi 485 $74,245,000 $153,082 $2,727 2.61%
Home Improvement 402 $24,660,000 $61,343 $1,809 3.68%
Other 374 $23,030,000 $61,578 $2,064 3.65%

For the 2021, Community Trust Bank 's most frequently cited loan purpose of loans were Home Purchase, with 1,392 originations. The 2nd most popular reason of loans were Refi, with 1,269 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
20 Year 1,303 $132,115,000 $101,393 $2,320 3.54%
30 Year 1,294 $265,490,000 $205,170 $2,442 3.13%
15 Year 615 $82,435,000 $134,041 $2,186 2.63%
30+ year 294 $79,890,000 $271,735 $2,392 3.34%
Other 177 $46,495,000 $262,684 $2,244 3.53%
10 Year 164 $23,750,000 $144,817 $1,774 2.97%
1 Year 50 $10,130,000 $202,600 $0 4.28%
5 Year 23 $21,115,000 $918,043 $1,283 4.12%
3 Year 2 $20,020,000 $10,010,000 $0 7.00%

For the 2021, Community Trust Bank 's most frequently cited loan length of loans were 20 Year, with 1,303 originations. The 2nd most popular length of loans were 30 Year, with 1,294 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,943 $351,985,000 $181,155
$1k-2k 419 $67,275,000 $160,561
$2k-3k 180 $34,660,000 $192,556
$3k-4k 98 $24,970,000 $254,796
$5k+ 27 $9,445,000 $349,815

$2,442 of loans were Community Trust Bank 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,943 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,628 $314,200,000 $192,998
2.5-3% 845 $165,455,000 $195,805
<2.5% 826 $126,670,000 $153,354
4-5% 566 $72,250,000 $127,650
5-6% 45 $2,335,000 $51,889
Over 8% 5 $155,000 $31,000
6-7% 4 $140,000 $35,000
7-8% 2 $70,000 $35,000

During 2021, Community Trust Bank 's average interest rate of loans were 3.13%, while their most frequently originated rate bucket of loans were 3-4%, with 1,628 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 1,617 $87,025,000 $53,819 $1,739 3.44%
$100k-200k 1,333 $189,645,000 $142,269 $2,244 3.04%
$200k-400k 726 $195,350,000 $269,077 $2,826 3.10%
$400k-600k 166 $79,850,000 $481,024 $3,389 3.15%
$600k-1MM 54 $40,940,000 $758,148 $3,380 3.75%
$1MM+ 26 $88,630,000 $3,408,846 $4,248 3.93%

2021 saw Community Trust Bank place emphasis on $100,000 or less loans with 1,617 originations, totaling $87,025,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 917 $79,835,000 $87,061 $1,910 3.25%
$50k-75k 910 $111,160,000 $122,154 $2,197 3.15%
$75k-100k 668 $97,590,000 $146,093 $2,355 3.14%
$100k-150k 651 $116,025,000 $178,226 $2,615 3.15%
$150k-250k 329 $79,415,000 $241,383 $2,928 3.23%
$250k+ 184 $70,520,000 $383,261 $3,066 3.30%

Community Trust Bank lent most frequently to those with incomes in the $50k or less range, with 917 originations. The second most popular income band? $50k-75k, with 910 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,018 $141,060,000 $138,566 $2,298 3.10%
30-36% 656 $98,650,000 $150,381 $2,361 3.13%
<20% 552 $64,990,000 $117,736 $2,164 3.09%
39% 125 $21,565,000 $172,520 $2,451 3.26%
42% 123 $20,975,000 $170,528 $2,422 3.09%
38% 112 $16,850,000 $150,446 $2,418 3.14%
41% 109 $18,085,000 $165,917 $2,493 3.13%
40% 107 $16,685,000 $155,935 $2,422 3.05%
36% 104 $17,820,000 $171,346 $2,328 3.10%
50-60% 100 $21,400,000 $214,000 $2,123 3.45%
37% 92 $16,150,000 $175,543 $2,337 3.10%
>60% 87 $21,155,000 $243,161 $2,363 3.47%
44% 77 $12,065,000 $156,688 $2,278 3.05%
43% 72 $12,500,000 $173,611 $2,541 2.98%
45% 62 $10,930,000 $176,290 $2,240 3.13%
46% 47 $8,435,000 $179,468 $2,251 3.03%
47% 44 $8,600,000 $195,455 $2,556 2.99%
48% 32 $6,400,000 $200,000 $2,345 3.08%
49% 30 $6,800,000 $226,667 $2,773 3.00%

Community Trust Bank lent most frequently to those with DTI ratios of 20-30%, with 1,018 originations. The next most common DTI ratio? 30-36%, with 656 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 3,558 $531,100,000 $149,269 $2,327 3.19%
Not applicable 171 $113,165,000 $661,784 $0 4.22%
Not provided 81 $15,205,000 $187,716 $2,126 3.28%
Asian 44 $11,750,000 $267,045 $2,450 2.90%
Black 58 $8,410,000 $145,000 $2,432 3.38%
Other Asian 6 $1,250,000 $208,333 $2,124 3.77%
Asian Indian 2 $360,000 $180,000 $4,473 2.56%
American Indian 1 $115,000 $115,000 $3,220 2.88%
Other Pacific Islander 1 $85,000 $85,000 $1,889 4.63%

Approval Rates

Total approvals of all applications
87.12%

Community Trust Bank has an average approval rate.

Pick Rate

Approvals leading to origination
86.10%

Community Trust Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
0.0 1 $15,000 $15,000
NA 3,921 $681,425,000 $173,789

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
3,922 $681,440,000 $173,748

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 525 $44,215,000 $84,219 $1,814 3.26%
40-60% 647 $115,605,000 $178,679 $2,078 2.97%
60-80% 1,283 $278,995,000 $217,455 $2,532 3.09%
80-100% 1,020 $225,640,000 $221,216 $2,364 3.38%
Over 100% 7 $1,445,000 $206,429 $2,485 3.59%
Under 20% 434 $14,860,000 $34,240 $1,462 3.68%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
COMMUNITY BANK SYSTEM, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
COMMUNITY BANK SYSTEM, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 1 50.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Community Trust Bank, Inc. 1056 Highway 610 W Virgie, KY 41572 Full Service B&M $69,573
Community Trust Bank, Inc. 105 Northgate Drive Pikeville, KY 41501 Full Service B&M $30,069
Community Trust Bank, Inc. 10579 Regina Belcher Hwy Elkhorn City, KY 41522 Full Service B&M $35,043
Community Trust Bank, Inc. 106 South Tennessee Avenue La Follette, TN 37766 Full Service B&M $103,398
Community Trust Bank, Inc. 107 West Main Street E Hindman, KY 41822 Full Service B&M $53,442
Community Trust Bank, Inc. 108 Clark Street Flemingsburg, KY 41041 Full Service B&M $14,168
Community Trust Bank, Inc. 109 Louie Place Lexington, KY 40511 Full Service B&M $21,926
Community Trust Bank, Inc. 110 N Maysville Street Mount Sterling, KY 40353 Full Service B&M $63,120
Community Trust Bank, Inc. 112 Osborne Way Georgetown, KY 40324 Full Service Retail $22,805
Community Trust Bank, Inc. 11792 Us Highway 25 East Pineville, KY 40977 Full Service B&M $30,086
Community Trust Bank, Inc. 120 East Main Street Mount Vernon, KY 40456 Full Service B&M $68,772
Community Trust Bank, Inc. 120 South Main Street Winchester, KY 40391 Full Service B&M $86,324
Community Trust Bank, Inc. 1205 South Highway 127 Frankfort, KY 40601 Full Service B&M $22,778
Community Trust Bank, Inc. 1206 E Cumberland Avenue Middlesboro, KY 40965 Full Service B&M $32,992
Community Trust Bank, Inc. 1218 East Broadway Campbellsville, KY 42718 Full Service B&M $51,022
Community Trust Bank, Inc. 201 North Third Street Williamsburg, KY 40769 Full Service B&M $83,165
Community Trust Bank, Inc. 205 South Main Street Greensburg, KY 42743 Full Service B&M $33,392
Community Trust Bank, Inc. 2101 29th Street Ashland, KY 41101 Full Service B&M $29,304
Community Trust Bank, Inc. 2106 Charles G Seivers Blvd Clinton, TN 37716 Full Service B&M $38,733
Community Trust Bank, Inc. 211 Russell Street Elkhorn City, KY 41522 Full Service B&M $30,644
Community Trust Bank, Inc. 2134 Lake Cumberland Rd Mount Vernon, KY 40456 Full Service B&M $48,211
Community Trust Bank, Inc. 239 North Highway 27 Somerset, KY 42503 Full Service B&M $30,872
Community Trust Bank, Inc. 24 Parkway Plaza Loop Whitesburg, KY 41858 Full Service B&M $21,644
Community Trust Bank, Inc. 2417 Sir Barton Way Lexington, KY 40509 Full Service B&M $317,005
Community Trust Bank, Inc. 254 Cassidy Blvd Pikeville, KY 41501 Full Service Retail $13,582
Community Trust Bank, Inc. 2603 Jacksboro Pike Jacksboro, TN 37757 Full Service B&M $44,225
Community Trust Bank, Inc. 28160 Us Highway 119 South Williamson, KY 41503 Full Service B&M $78,670
Community Trust Bank, Inc. 3090 Richmond Road Lexington, KY 40509 Full Service B&M $35,741
Community Trust Bank, Inc. 507 Main Street Summersville, WV 26651 Full Service B&M $105,786
Community Trust Bank, Inc. 521 West Main Street Lebanon, KY 40033 Full Service B&M $33,361
Community Trust Bank, Inc. 525 Walnut Meadow Road Berea, KY 40403 Full Service B&M $43,898
Community Trust Bank, Inc. 56 Isom Plaza Jeremiah, KY 41826 Full Service B&M $38,338
Community Trust Bank, Inc. 570 Chestnut Street Harrodsburg, KY 40330 Full Service B&M $59,772
Community Trust Bank, Inc. 6424 Ky Route 1428 Allen, KY 41601 Full Service B&M $21,363
Community Trust Bank, Inc. 678 Us Highway 25 West Corbin, KY 40701 Full Service B&M $26,744
Community Trust Bank, Inc. 7100 Us Route 60 Ashland, KY 41102 Full Service B&M $31,316
Community Trust Bank, Inc. 721 Wheatley Road Ashland, KY 41101 Full Service B&M $34,784
Community Trust Bank, Inc. 735 Court Street Fort Gay, WV 25514 Full Service B&M $53,358
Community Trust Bank, Inc. 752 North Main Street Jamestown, KY 42629 Full Service B&M $12,329
Community Trust Bank, Inc. 8049 Lynn Avenue Hamlin, WV 25523 Full Service B&M $56,617
Community Trust Bank, Inc. 860 Eastern Bypass Richmond, KY 40475 Full Service B&M $33,738
Community Trust Bank, Inc. 100 Citizens Lane Hazard, KY 41701 Full Service B&M $120,752
Community Trust Bank, Inc. 100 East Vine Street Lexington, KY 40507 Full Service B&M $52,679
Community Trust Bank, Inc. 1001 Highway 317 Neon, KY 41840 Full Service B&M $23,136
Community Trust Bank, Inc. 1005 Jamestown Street Columbia, KY 42728 Full Service B&M $25,149
Community Trust Bank, Inc. 101 East 2nd Avenue Williamson, WV 25661 Full Service B&M $60,104
Community Trust Bank, Inc. 101 North Main Street Versailles, KY 40383 Full Service B&M $65,956
Community Trust Bank, Inc. 101 Village Lane Hazard, KY 41701 Full Service B&M $44,345
Community Trust Bank, Inc. 125 Winchester Plaza Winchester, KY 40391 Full Service B&M $37,806
Community Trust Bank, Inc. 128 W Main Street Richmond, KY 40475 Full Service B&M $84,699
Community Trust Bank, Inc. 137 Main St, Suite 4 Pikeville, KY 41501 Full Service B&M $117,152
Community Trust Bank, Inc. 1527 Ewing Road Ewing, KY 41039 Full Service B&M $12,449
Community Trust Bank, Inc. 1544 Winchester Avenue Ashland, KY 41101 Full Service B&M $79,476
Community Trust Bank, Inc. 155 Main Street Whitesburg, KY 41858 Full Service B&M $105,808
Community Trust Bank, Inc. 1560 Hustonville Road Danville, KY 40422 Full Service B&M $11,464
Community Trust Bank, Inc. 161 South Lake Drive Prestonsburg, KY 41653 Full Service B&M $150,503
Community Trust Bank, Inc. 1665 Combs Road Hazard, KY 41701 Full Service B&M $10,707
Community Trust Bank, Inc. 1706 West Hwy 192 London, KY 40741 Full Service B&M $61,267
Community Trust Bank, Inc. 185 Pasadena Drive Lexington, KY 40503 Full Service B&M $18,483
Community Trust Bank, Inc. 1918 Cumberland Avenue Middlesboro, KY 40965 Full Service B&M $41,574
Community Trust Bank, Inc. 196 Evans Drive Mount Sterling, KY 40353 Full Service B&M $47,674
Community Trust Bank, Inc. 315 Midway Road Alum Creek, WV 25003 Full Service B&M $21,258
Community Trust Bank, Inc. 32 North Levisa Road Mouthcard, KY 41548 Full Service B&M $38,561
Community Trust Bank, Inc. 346 North Mayo Trail Pikeville, KY 41501 Full Service B&M $392,289
Community Trust Bank, Inc. 36 Brookhaven Drive Flemingsburg, KY 41041 Full Service B&M $110,895
Community Trust Bank, Inc. 38 Shiloh Drive London, KY 40741 Full Service B&M $27,066
Community Trust Bank, Inc. 3809 South Highway 27 Somerset, KY 42501 Full Service B&M $48,835
Community Trust Bank, Inc. 38720 State Highway 194 E Phelps, KY 41553 Full Service B&M $42,848
Community Trust Bank, Inc. 402 Campbellsville Bypass Campbellsville, KY 42718 Full Service B&M $27,527
Community Trust Bank, Inc. 4205 North Mayo Trail Pikeville, KY 41501 Full Service B&M $63,424
Community Trust Bank, Inc. 427 Versailles Rd. Frankfort, KY 40601 Full Service B&M $41,333
Community Trust Bank, Inc. 462 West Main Street Danville, KY 40422 Full Service B&M $65,456
Community Trust Bank, Inc. 470 Lexington Road Versailles, KY 40383 Full Service B&M $38,028
Community Trust Bank, Inc. 470 North Mayo Trail Paintsville, KY 41240 Full Service Retail $24,696
Community Trust Bank, Inc. 895 Hwy 25w South Williamsburg, KY 40769 Full Service B&M $45,940
Community Trust Bank, Inc. 901 Beaumont Centre Parkway Lexington, KY 40513 Full Service B&M $54,009
Community Trust Bank, Inc. 9505 Hwy 805 Jenkins, KY 41537 Full Service B&M $20,370
Community Trust Bank, Inc. 952 Third Avenue Huntington, WV 25701 Full Service B&M $19,559
Community Trust Bank, Inc. 970 Diederich Blvd Russell, KY 41169 Full Service B&M $15,497

For 2021, Community Trust Bank had 79 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $177,694
Net interest income $163,630
Total noninterest income $47,499
Gross Fiduciary activities income $14
Service charges on deposit accounts $22,875
Trading account gains and fees $0
Additional Noninterest Income $24,610
Pre-tax net operating income $110,199
Securities gains (or losses, -) $-219
Income before extraordinary items $87,366
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $87,366
Minority interest net income $0
Net income $87,366
Sale, conversion, retirement of capital stock, net $0
Net operating income $87,539

Community Trust Bank 's gross interest income from loans was $177,694,000.
Community Trust Bank 's net interest income from loans was $163,630,000.
Community Trust Bank 's fee based income from loans was $22,875,000.
Community Trust Bank 's net income from loans was $87,366,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $14,064
Provision for credit losses $-6,587
Total noninterest expense $107,517
Salaries and employee benefits $63,502
Premises and equipment expense $10,545
Additional noninterest expense $33,470
Applicable income taxes $22,614
Net charge-offs $-120
Cash dividends $29,250

Community Trust Bank 's interest expense for loans was $14,064,000.
Community Trust Bank 's payroll and benefits expense were $63,502,000.
Community Trust Bank 's property, plant and equipment expenses $10,545,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 1.0%
HELOC loans 0.0%
All other family 1.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $4,353,900
Deposits held in domestic offices $4,353,900
Deposits by Individuals, partnerships, and corporations $3,921,330
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $425,264
Deposits by Commercial banks and other depository institutions in U.S. $7,306
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $1,437,775
Demand deposits $1,437,775
Nontransaction accounts $2,916,125
Money market deposit accounts (MMDAs) $1,206,401
Other savings deposits (excluding MMDAs) $632,645
Total time deposits $1,077,079
Total time and savings deposits $2,916,125
Noninterest-bearing deposits $1,338,686
Interest-bearing deposits $3,015,214
Retail deposits $4,105,447
IRAs and Keogh plan accounts $143,057
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $5,384,484
Cash & Balances due from depository institutions $312,000
Interest-bearing balances $227,221
Total securities $1,430,740
Federal funds sold & reverse repurchase $0
Net loans and leases $3,369,689
Loan and leases loss allowance $41,756
Trading account assets $0
Bank premises and fixed assets $52,089
Other real estate owned $3,486
Goodwill and other intangibles $67,291
All other assets $149,189

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $5,384,484
Total Liabilities $4,669,889
Total deposits $4,353,900
Interest-bearing deposits $3,015,214
Deposits held in domestic offices $4,353,900
% insured (estimated) $75
Federal funds purchased and repurchase agreements $271,588
Trading liabilities $0
Other borrowed funds $1,797
Subordinated debt $0
All other liabilities $42,604

Issued Loan Types

Type Value (in 000's)
Net loans and leases $3,369,689
Loan and leases loss allowance $41,756
Total loans and leases (domestic) $3,411,445
All real estate loans $2,156,632
Real estate loans in domestic offices $2,156,632
Construction and development loans $226,496
Residential 1-4 family construction $103,704
Other construction, all land development and other land $122,792
Loans secured by nonfarm nonresidential properties $843,572
Nonfarm nonresidential secured by owner-occupied properties $109,680
Commercial real estate & other non-farm, non-residential $733,892
Multifamily residential real estate $147,023
1-4 family residential loans $880,424
Farmland loans $59,117
Loans held in foreign offices $0
Farm loans $17,931
Commercial and industrial loans $329,064
To non-U.S. addressees $0
Loans to individuals $847,356
Credit card loans $0
Related Plans $4,224
Consumer Auto Loans $597,320
Other loans to individuals $245,812
All other loans & leases $60,462
Loans to foreign governments and official institutions $0
Other loans $48,737
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $890
Loans secured by real estate to non-U.S. addressees $93
Restructured Loans & leases $67,391
Non 1-4 family restructured loans & leases $37,516
Total loans and leases (foreign) $0

Community Trust Bank had $3,369,689,000 of loans outstanding in 2021. $2,156,632,000 of loans were in real estate loans. $226,496,000 of loans were in development loans. $147,023,000 of loans were in multifamily mortgage loans. $880,424,000 of loans were in 1-4 family mortgage loans. $17,931,000 of loans were in farm loans. $0 of loans were in credit card loans. $597,320,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 1,169 $230,304 $197,009
Nonfarm, nonresidential loans - <$100k 294 $11,375 $38,690
Nonfarm, nonresidential loans - $100-250k 409 $47,956 $117,252
Nonfarm, nonresidential loans - $250k-1MM 466 $170,973 $366,895
Commercial & Industrial, US addressed loans - <$1MM 2,411 $141,025 $58,492
Commercial & Industrial, US addressed loans - <$100k 1,816 $39,723 $21,874
Commercial & Industrial, US addressed loans - $100-250k 342 $35,524 $103,871
Commercial & Industrial, US addressed loans - $250k-1MM 253 $65,778 $259,992
Farmland loans - <$1MM 375 $37,067 $98,845
Farmland loans - <$100k 183 $7,471 $40,825
Farmland loans - $100-250k 150 $17,824 $118,827
Farmland loans - $250k-1MM 42 $11,772 $280,286
Agriculture operations loans - <$1MM 326 $8,786 $26,951
Agriculture operations loans - <$100k 292 $5,393 $18,469
Agriculture operations loans - $100-250k 30 $2,564 $85,467
Agriculture operations loans - $250k-1MM 4 $829 $207,250