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Income Statement
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COMMUNITY TRUST BANCORP INC (CTBI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K/A10-K
        Interest income on investments  24.717.114.314.912.811.78.311.9
        Interest income on repurchase agreements  0.10.00.10.20.30.2 0.3
    Total interest income  197.7178.2176.4185.4171.5155.7146.6144.0
        Interest on deposits  24.112.821.233.423.714.410.99.6
    Total interest expense  28.615.125.540.529.318.310.911.8
Net interest income  169.1163.1151.0144.9142.2137.4133.0132.2
Provision for loan losses      6.27.57.98.7
Net interest income after provision for loan losses  169.1163.1151.0144.9136.0129.9125.1123.6
        Deposit and loan fees  29.026.523.526.426.025.125.024.3
        Gain on sale of investments, net  -0.2-0.21.80.8-0.1  -0.1
        Other non-interest income  29.034.129.323.026.123.423.522.6
Total non-interest income  57.960.554.650.252.048.548.446.8
Non-interest expenses  121.1119.3119.2118.3117.4109.9107.1105.4
Pre-tax income before non-recurring items  102.2111.871.974.072.270.266.567.2
Non-recurring items  1.21.21.62.01.61.7 2.2
Pre-tax income  101.0110.670.372.070.568.566.565.0
Income taxes  19.222.710.87.511.317.019.118.5
            Tax rate  19.0%20.5%15.3%10.4%16.0%24.8%28.8%28.5%
Net income  81.887.959.564.559.251.547.346.4
            Net margin  36.0%39.3%28.9%33.1%31.5%28.9%27.3%27.2%
   
Basic EPS  $4.59$4.94$3.35$3.64$3.35$2.92$2.70$2.66
Diluted EPS  $4.58$4.94$3.35$3.64$3.35$2.92$2.70$2.66
   
Shares outstanding (basic)  17.817.817.717.717.717.617.517.4
Shares outstanding (diluted)  17.917.817.817.717.717.717.617.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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