COMMUNITY TRUST BANCORP INC KY
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
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Item 2. Properties
| Item 2. | Properties |
|---|
Our main office, which is owned by Community Trust Bank, Inc., is located at 346 North Mayo Trail, Pikeville, Kentucky 41501. Following is a schedule of properties owned and leased by CTBI and our subsidiaries as of December 31, 2023:
| Location | Owned | Leased | Total |
|---|---|---|---|
| Banking locations: | |||
| Community Trust Bank, Inc. | |||
| * Pikeville Market (lease land at 3 owned locations) | 9 | 1 | 10 |
| 10 locations in Pike County, Kentucky | |||
| Floyd/Knott/Johnson Market (lease land at 1 owned location) | 3 | 1 | 4 |
| 2 locations in Floyd County, Kentucky, 1 location in Knott County, Kentucky, and 1 location in Johnson County, Kentucky | |||
| Tug Valley Market (lease land at 1 owned location) | 2 | 0 | 2 |
| 1 location in Pike County, Kentucky, 1 location in Mingo County, West Virginia | |||
| Whitesburg Market (lease land at 1 owned location) | 4 | 1 | 5 |
| 5 locations in Letcher County, Kentucky | |||
| Hazard Market (lease land at 2 owned locations) | 3 | 0 | 3 |
| 3 locations in Perry County, Kentucky | |||
| * Lexington Market (lease land at 3 owned locations) | 4 | 2 | 6 |
| 6 locations in Fayette County, Kentucky | |||
| Winchester Market | 2 | 0 | 2 |
| 2 locations in Clark County, Kentucky | |||
| Richmond Market (lease land at 1 owned location) | 3 | 0 | 3 |
| 3 locations in Madison County, Kentucky | |||
| Mt. Sterling Market | 2 | 0 | 2 |
| 2 locations in Montgomery County, Kentucky | |||
| Versailles Market (lease land at 2 owned locations) | 3 | 2 | 5 |
| 1 location in Woodford County, Kentucky, 2 locations in Franklin County, Kentucky, and 2 locations in Scott County, Kentucky | |||
| * Danville Market (lease land at 1 owned location) | 3 | 0 | 3 |
| 2 locations in Boyle County, Kentucky and 1 location in Mercer County, Kentucky | |||
| * Ashland Market (lease land at 1 owned location) | 5 | 0 | 5 |
| 4 locations in Boyd County, Kentucky and 1 location in Greenup County, Kentucky | |||
| Flemingsburg Market | 3 | 0 | 3 |
| 3 locations in Fleming County, Kentucky | |||
| Advantage Valley Market | 3 | 1 | 4 |
| 2 locations in Lincoln County, West Virginia, 1 location in Wayne County, West Virginia, and 1 location in Cabell County, West Virginia | |||
| Summersville Market | 1 | 0 | 1 |
| 1 location in Nicholas County, West Virginia | |||
| Middlesboro Market (lease land at 1 owned location) | 3 | 0 | 3 |
| 3 locations in Bell County, Kentucky | |||
| Williamsburg Market | 5 | 0 | 5 |
| 2 locations in Whitley County, Kentucky and 3 locations in Laurel County, Kentucky | |||
| Campbellsville Market (lease land at 2 owned locations) | 8 | 0 | 8 |
| 2 locations in Taylor County, Kentucky, 2 locations in Pulaski County, Kentucky, 1 location in Adair County, Kentucky, 1 location in Green County, Kentucky, 1 location in Russell County, Kentucky, and 1 location in Marion County, Kentucky | |||
| Mt. Vernon Market | 2 | 0 | 2 |
| 2 locations in Rockcastle County, Kentucky | |||
| * LaFollette Market | 3 | 0 | 3 |
| 2 locations in Campbell County, Tennessee and 1 location in Anderson County, Tennessee | |||
| Total banking locations | 71 | 8 | 79 |
| Operational locations: | |||
| Community Trust Bank, Inc. | |||
| Pikeville (Pike County, Kentucky) (lease land at 1 owned location) | 1 | 0 | 1 |
| Total operational locations | 1 | 0 | 1 |
| Total locations | 72 | 8 | 80 |
*Community Trust and Investment Company has leased offices in the main office locations in these markets.
See notes 7 and 15 to the consolidated financial statements contained herein for the year ended December 31, 2023, for additional information relating to lease commitments and amounts invested in premises and equipment.
A new Lexington Market location opened in January 2024 in Boone County, Kentucky, and a new Campbellsville Market location will open in 2024 in Hardin County, Kentucky. We owned the land for both of these locations at December 31, 2023.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.