| Reconciliation of Revenues and Measures of Profit or Loss from Segment to Consolidated |
The following tables present the reconciliations of reportable segment revenues and measures of profit or loss and line item reconciliation to CTBI’s consolidated financial statement totals for the periods indicated.
|
(in thousands)
Three Months Ended March 31, 2026
|
|
Community
Banking
Services
|
|
|
Holding
Company
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Interest income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest and fees on loans, including loans held for sale
|
|
$
|
77,851 |
|
|
$
|
0 |
|
|
$
|
0 |
|
|
$
|
77,851 |
|
|
Interest and dividends on securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Taxable
|
|
|
6,782 |
|
|
|
0 |
|
|
|
0 |
|
|
|
6,782 |
|
|
Tax exempt
|
|
|
610 |
|
|
|
0 |
|
|
|
0 |
|
|
|
610 |
|
|
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock
|
|
|
171 |
|
|
|
0 |
|
|
|
0 |
|
|
|
171 |
|
|
Interest on Federal Reserve Bank deposits
|
|
|
2,242 |
|
|
|
0 |
|
|
|
0 |
|
|
|
2,242 |
|
|
Other, including interest on federal funds sold
|
|
|
73 |
|
|
|
26 |
|
|
|
0 |
|
|
|
99 |
|
|
Total interest income
|
|
|
87,729 |
|
|
|
26 |
|
|
|
0 |
|
|
|
87,755 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest on deposits
|
|
|
25,447 |
|
|
|
0 |
|
|
|
0 |
|
|
|
25,447 |
|
|
Interest on repurchase agreements and federal funds purchased
|
|
|
2,599 |
|
|
|
0 |
|
|
|
0 |
|
|
|
2,599 |
|
|
Interest on long-term debt
|
|
|
108 |
|
|
|
869 |
|
|
|
(50 |
)
|
|
|
927 |
|
|
Total interest expense
|
|
|
28,154 |
|
|
|
869 |
|
|
|
(50 |
)
|
|
|
28,973 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income
|
|
|
59,575 |
|
|
|
(843 |
)
|
|
|
50 |
|
|
|
58,782 |
|
|
Provision for credit losses
|
|
|
2,311 |
|
|
|
0 |
|
|
|
0 |
|
|
|
2,311 |
|
|
Net interest income after provision for credit losses
|
|
|
57,264 |
|
|
|
(843 |
)
|
|
|
50 |
|
|
|
56,471 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noninterest income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposit related fees
|
|
|
7,155 |
|
|
|
0 |
|
|
|
0 |
|
|
|
7,155 |
|
|
Gains on sales of loans, net
|
|
|
51 |
|
|
|
0 |
|
|
|
0 |
|
|
|
51 |
|
|
Trust and wealth management income
|
|
|
4,609 |
|
|
|
0 |
|
|
|
(147 |
)
|
|
|
4,462 |
|
|
Loan related fees
|
|
|
1,039 |
|
|
|
0 |
|
|
|
0 |
|
|
|
1,039 |
|
|
Bank owned life insurance
|
|
|
1,714 |
|
|
|
0 |
|
|
|
0 |
|
|
|
1,714 |
|
|
Brokerage revenue
|
|
|
520 |
|
|
|
0 |
|
|
|
0 |
|
|
|
520 |
|
|
Securities gains (losses)
|
|
|
(488 |
)
|
|
|
0 |
|
|
|
0 |
|
|
|
(488 |
)
|
|
Dividend and undistributed income from subsidiaries
|
|
|
0 |
|
|
|
28,545 |
|
|
|
(28,545 |
)
|
|
|
0 |
|
|
Other noninterest income
|
|
|
1,285 |
|
|
|
349 |
|
|
|
(673 |
)
|
|
|
961 |
|
|
Total noninterest income
|
|
|
15,885 |
|
|
|
28,894 |
|
|
|
(29,365 |
)
|
|
|
15,414 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noninterest expense:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Officer salaries and employee benefits
|
|
|
4,256 |
|
|
|
811 |
|
|
|
(269 |
)
|
|
|
4,798 |
|
|
Other salaries and employee benefits
|
|
|
17,307 |
|
|
|
251 |
|
|
|
(251 |
)
|
|
|
17,307 |
|
|
Occupancy, net
|
|
|
2,882 |
|
|
|
0 |
|
|
|
0 |
|
|
|
2,882 |
|
|
Equipment
|
|
|
828 |
|
|
|
51 |
|
|
|
(62 |
)
|
|
|
817 |
|
|
Data processing
|
|
|
3,398 |
|
|
|
11 |
|
|
|
(454 |
)
|
|
|
2,955 |
|
|
Taxes other than property and payroll
|
|
|
617 |
|
|
|
0 |
|
|
|
0 |
|
|
|
617 |
|
|
Legal fees
|
|
|
404 |
|
|
|
46 |
|
|
|
0 |
|
|
|
450 |
|
|
Professional fees
|
|
|
1,368 |
|
|
|
114 |
|
|
|
(768 |
)
|
|
|
714 |
|
|
Advertising and marketing
|
|
|
689 |
|
|
|
11 |
|
|
|
0 |
|
|
|
700 |
|
|
FDIC insurance
|
|
|
744 |
|
|
|
0 |
|
|
|
0 |
|
|
|
744 |
|
|
Other real estate owned provision and expense
|
|
|
45 |
|
|
|
0 |
|
|
|
0 |
|
|
|
45 |
|
|
Repossession expense
|
|
|
378 |
|
|
|
0 |
|
|
|
0 |
|
|
|
378 |
|
|
Other noninterest expense
|
|
|
4,037 |
|
|
|
231 |
|
|
|
(138 |
)
|
|
|
4,130 |
|
|
Total noninterest expense
|
|
|
36,953 |
|
|
|
1,526 |
|
|
|
(1,942 |
)
|
|
|
36,537 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes
|
|
|
36,196 |
|
|
|
26,525 |
|
|
|
(27,373 |
)
|
|
|
35,348 |
|
|
Income taxes
|
|
|
8,823 |
|
|
|
(667 |
)
|
|
|
0 |
|
|
|
8,156 |
|
|
Net income
|
|
$
|
27,373 |
|
|
$
|
27,192 |
|
|
$
|
(27,373 |
)
|
|
$
|
27,192 |
|
|
(in thousands)
Three Months Ended
March 31, 2025
|
|
Community
Banking
Services
|
|
|
Holding
Company
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Interest income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest and fees on loans, including loans held for sale
|
|
$
|
72,736 |
|
|
$
|
0 |
|
|
$
|
0 |
|
|
$
|
72,736 |
|
|
Interest and dividends on securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Taxable
|
|
|
5,775 |
|
|
|
0 |
|
|
|
0 |
|
|
|
5,775 |
|
|
Tax exempt
|
|
|
617 |
|
|
|
0 |
|
|
|
0 |
|
|
|
617 |
|
|
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock
|
|
|
188 |
|
|
|
0 |
|
|
|
0 |
|
|
|
188 |
|
|
Interest on Federal Reserve Bank deposits
|
|
|
2,648 |
|
|
|
0 |
|
|
|
0 |
|
|
|
2,648 |
|
|
Other, including interest on federal funds sold
|
|
|
61 |
|
|
|
29 |
|
|
|
0 |
|
|
|
90 |
|
|
Total interest income
|
|
|
82,025 |
|
|
|
29 |
|
|
|
0 |
|
|
|
82,054 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest on deposits
|
|
|
27,458 |
|
|
|
0 |
|
|
|
0 |
|
|
|
27,458 |
|
|
Interest on repurchase agreements and federal funds purchased
|
|
|
2,318 |
|
|
|
0 |
|
|
|
0 |
|
|
|
2,318 |
|
|
Interest on long-term debt
|
|
|
92 |
|
|
|
975 |
|
|
|
(56 |
)
|
|
|
1,011 |
|
|
Total interest expense
|
|
|
29,868 |
|
|
|
975 |
|
|
|
(56 |
)
|
|
|
30,787 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income
|
|
|
52,157 |
|
|
|
(946 |
)
|
|
|
56 |
|
|
|
51,267 |
|
|
Provision for credit losses
|
|
|
3,568 |
|
|
|
0 |
|
|
|
0 |
|
|
|
3,568 |
|
|
Net interest income after provision for credit losses
|
|
|
48,589 |
|
|
|
(946 |
)
|
|
|
56 |
|
|
|
47,699 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noninterest income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposit related fees
|
|
|
6,822 |
|
|
|
0 |
|
|
|
0 |
|
|
|
6,822 |
|
|
Gains on sales of loans, net
|
|
|
47 |
|
|
|
0 |
|
|
|
0 |
|
|
|
47 |
|
|
Trust and wealth management income
|
|
|
4,119 |
|
|
|
0 |
|
|
|
(138 |
)
|
|
|
3,981 |
|
|
Loan related fees
|
|
|
965 |
|
|
|
0 |
|
|
|
0 |
|
|
|
965 |
|
|
Bank owned life insurance
|
|
|
1,035 |
|
|
|
0 |
|
|
|
0 |
|
|
|
1,035 |
|
|
Brokerage revenue
|
|
|
494 |
|
|
|
0 |
|
|
|
0 |
|
|
|
494 |
|
|
Securities gains (losses)
|
|
|
480 |
|
|
|
0 |
|
|
|
0 |
|
|
|
480 |
|
|
Dividend and undistributed income from subsidiaries
|
|
|
0 |
|
|
|
23,469 |
|
|
|
(23,469 |
)
|
|
|
0 |
|
|
Other noninterest income
|
|
|
1,370 |
|
|
|
309 |
|
|
|
(606 |
)
|
|
|
1,073 |
|
|
Total noninterest income
|
|
|
15,332 |
|
|
|
23,778 |
|
|
|
(24,213 |
)
|
|
|
14,897 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noninterest expense:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Officer salaries and employee benefits
|
|
|
3,805 |
|
|
|
813 |
|
|
|
(221 |
)
|
|
|
4,397 |
|
|
Other salaries and employee benefits
|
|
|
15,721 |
|
|
|
230 |
|
|
|
(230 |
)
|
|
|
15,721 |
|
|
Occupancy, net
|
|
|
2,751 |
|
|
|
0 |
|
|
|
0 |
|
|
|
2,751 |
|
|
Equipment
|
|
|
706 |
|
|
|
51 |
|
|
|
(68 |
)
|
|
|
689 |
|
|
Data processing
|
|
|
3,297 |
|
|
|
6 |
|
|
|
(444 |
)
|
|
|
2,859 |
|
|
Taxes other than property and payroll
|
|
|
529 |
|
|
|
0 |
|
|
|
0 |
|
|
|
529 |
|
|
Legal fees
|
|
|
493 |
|
|
|
67 |
|
|
|
0 |
|
|
|
560 |
|
|
Professional fees
|
|
|
1,346 |
|
|
|
101 |
|
|
|
(782 |
)
|
|
|
665 |
|
|
Advertising and marketing
|
|
|
665 |
|
|
|
8 |
|
|
|
0 |
|
|
|
673 |
|
|
FDIC insurance
|
|
|
689 |
|
|
|
0 |
|
|
|
0 |
|
|
|
689 |
|
|
Other real estate owned provision and expense
|
|
|
61 |
|
|
|
0 |
|
|
|
0 |
|
|
|
61 |
|
|
Repossession expense
|
|
|
193 |
|
|
|
0 |
|
|
|
0 |
|
|
|
193 |
|
|
Other noninterest expense
|
|
|
4,315 |
|
|
|
256 |
|
|
|
(150 |
)
|
|
|
4,421 |
|
|
Total noninterest expense
|
|
|
34,571 |
|
|
|
1,532 |
|
|
|
(1,895 |
)
|
|
|
34,208 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes
|
|
|
29,350 |
|
|
|
21,300 |
|
|
|
(22,262 |
)
|
|
|
28,388 |
|
|
Income taxes
|
|
|
7,088 |
|
|
|
(672 |
)
|
|
|
0 |
|
|
|
6,416 |
|
|
Net income
|
|
$
|
22,262 |
|
|
$
|
21,972 |
|
|
$
|
(22,262 |
)
|
|
$
|
21,972 |
|
|