Community Trust Bancorp Inc. (CTBI) is a distinguished financial services organization based in Pikeville, Kentucky. The company was founded in 1903 and has withstood the test of time for over a century, demonstrating a steady and firm commitment to reliability, trust and community-focused banking. CTBI operates as the bank holding company for the Community Trust Bank, Inc. or CTB, and the Community Trust and Investment Company.
Trading on the Nasdaq under the ticker symbol 'CTBI,' the company delivers a comprehensive variety of banking, fiduciary, and investment services to consumers and local businesses. Its financial solutions portfolio includes loans, deposits, treasury management, credit card, trust and wealth management, and other services too. A strong advocate for small businesses, CTBI has a reputation for offering personalized services catering to their unique financial needs.
The company's asset base spans across 70 banking locations spread across eastern, northeastern, central, and south central Kentucky, six banking centers in southern West Virginia, three in Tennessee, four trust offices across Kentucky, and one trust office in Tennessee. A standout feature of CTBI is its sizeable community impact, having established itself as an integral part of the regions it serves. Over time, the company has gained immense trust from its customer base due to its professional integrity and customer-centric approach.
Under the strong leadership of an experienced management team, CTBI has consistently delivered strong financial performance. Its continued success is accredited to prudent risk management, sound banking practices, and the drive for innovation. The company is also known for its commitment towards incorporating sustainable and green banking practices, in line with global initiatives for a better and greener earth.
As of December 2020, the company reported approximately $5.0 billion in total assets, which signifies the financial stability and consistent growth of CTBI. One of the largest locally owned banks in Kentucky, CTBI is a visible symbol of strength and resilience. Be it individuals, small businesses, or corporations, the company's mission and values resonate with the financial aspirations of its broad and diverse customer base.
In Summary, Community Trust Bancorp Inc. (CTBI) is not merely a financial institution but a trusted community partner. Operating on principles of trust, community, and commitment to excellence, CTBI has carved out its market leader position in the banking industry. Its overall contributions towards financial stability and regional development make it one of the most reliable banking organizations in its operating regions.