| Changes in Net Assets Relating to the Participant and Non-Participant Directed Investments |
All CTBI stock is non-participant directed, while the mutual and money market funds are participant directed. Information about the net assets and the significant components of the changes in net assets relating to the participant and non-participant directed investments is as follows:
| |
| | | |
| | | |
| | | |
| |
| 2025 | |
| |
|
Participant
Directed
Funds
| |
|
Non-
Participant
Directed
Employer
Fund
| |
|
Total
| |
|
Additions:
|
| | | |
| | | |
| | | |
|
Investment income:
|
| | | |
| | | |
| | | |
|
Net appreciation in fair value of investments
|
| $ | 485,457 | |
| $ | 2,335,321 | |
| $ | 2,820,778 | |
|
Interest and dividends
|
| | 33,934 | |
| | 1,540,499 | |
| | 1,574,433 | |
|
Net investment income
|
| | 519,391 | |
| | 3,875,820 | |
| | 4,395,211 | |
| |
| | | |
| | | |
| | | |
|
Contributions
|
| | 0 | |
| | 2,124,288 | |
| | 2,124,288 | |
|
Transfers from non-participant directed funds to participant directed funds
|
| | 125,925 | |
| | 0 | |
| | 125,925 | |
| |
| | | |
| | | |
| | | |
|
Total additions
|
| | 645,316 | |
| | 6,000,108 | |
| | 6,645,424 | |
| |
| | | |
| | | |
| | | |
|
Deductions:
|
| | | |
| | | |
| | | |
|
Benefits paid to participants
|
| | (494,198 | ) |
| | (2,827,317 | ) |
| | (3,321,515 | ) |
|
Transfers from non-participant directed funds to participant directed funds
|
| | 0 | |
| | (125,925 | ) |
| | (125,925 | ) |
| |
| | | |
| | | |
| | | |
|
Total deductions
|
| | (494,198 | ) |
| | (2,953,242 | ) |
| | (3,447,440 | ) |
| |
| | | |
| | | |
| | | |
|
Net increase
|
| | 151,118 | |
| | 3,046,866 | |
| | 3,197,984 | |
| |
| | | |
| | | |
| | | |
|
Net assets available for benefits, beginning of year
|
| | 929,691 | |
| | 40,690,184 | |
| | 41,619,875 | |
| |
| | | |
| | | |
| | | |
|
Net assets available for benefits, end of year
|
| $ | 1,080,809 | |
| $ | 43,737,050 | |
| $ | 44,817,859 | |
| | | | | | | | | | | | |
| |
|
2024
|
|
| |
|
Participant
Directed
Funds
| |
|
Non-
Participant
Directed
Employer
Fund
| |
|
Total
| |
|
Additions:
|
| | | |
| | | |
| | | |
|
Investment income (loss):
|
| | | |
| | | |
| | | |
|
Net appreciation (depreciation) in fair value of investments
|
| $ | 131,566 | |
| $ | 7,043,752 | |
| $ | 7,175,318 | |
|
Interest and dividends
|
| | 34,931 | |
| | 1,440,385 | |
| | 1,475,316 | |
|
Net investment income
|
| | 166,497 | |
| | 8,484,137 | |
| | 8,650,634 | |
| |
| | | |
| | | |
| | | |
|
Contributions
|
| | 0 | |
| | 1,967,961 | |
| | 1,967,961 | |
|
Transfers from non-participant directed funds to participant directed funds
|
| | 163,311 | |
| | 0 | |
| | 163,311 | |
| |
| | | |
| | | |
| | | |
|
Total additions
|
| | 329,808 | |
| | 10,452,098 | |
| | 10,781,906 | |
| |
| | | |
| | | |
| | | |
|
Deductions:
|
| | | |
| | | |
| | | |
|
Benefits paid to participants
|
| | (339,833 | ) |
| | (3,894,412 | ) |
| | (4,234,245 | ) |
|
Transfers from non-participant directed funds to participant directed funds
|
| | 0 | |
| | (163,311 | ) |
| | (163,311 | ) |
| |
| | | |
| | | |
| | | |
|
Total deductions
|
| | (339,833 | ) |
| | (4,057,723 | ) |
| | (4,397,556 | ) |
| |
| | | |
| | | |
| | | |
|
Net increase
|
| | (10,025 | ) |
| | 6,394,375 | |
| | 6,384,350 | |
| |
| | | |
| | | |
| | | |
|
Net assets available for benefits, beginning of year
|
| | 939,716 | |
| | 34,295,809 | |
| | 35,235,525 | |
| |
| | | |
| | | |
| | | |
|
Net assets available for benefits, end of year
|
| $ | 929,691 | |
| $ | 40,690,184 | |
| $ | 41,619,875 | |
|