Community Trust Bancorp, Inc. (CTBI)

42.64 -0.13 (-0.30%) At close: 04:00PM EDT

Community Trust Bancorp, Inc.

346 North Mayo Trail
PO Box 2947
Pikeville, KY 41502
United States
606 432 1414
https://www.ctbi.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 945

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Mark A. Gooch CTB	CEO, Chairman & President	992.1k	N/A	1959
Mr. Kevin J. Stumbo C.P.A.	Executive VP, CFO & Treasurer	506.91k	N/A	1960
Mr. James B. Draughn	Executive Vice President	497.87k	N/A	1960
Mr. Richard W. Newsom	Executive Vice President	512.06k	N/A	1955
Mr. Ricky D. Sparkman	Executive Vice President	458.82k	N/A	1963
Mr. Charles Wayne Hancock II	Secretary, Executive VP & Corporate Counsel	N/A	N/A	1975
Mr. Steven E. Jameson	Executive VP and Chief Internal Audit & Risk Officer	N/A	N/A	1957
Mr. David Andrew Jones	Executive Vice President	N/A	N/A	1963
Mr. Andy D. Waters	Executive Vice President	N/A	N/A	1966
Mr. David I. Tackett	Executive Vice President	N/A	N/A	1966

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee. The company accepts time and demand deposits, checking accounts, savings accounts and savings certificates, individual retirement accounts and Keogh plans, and money market accounts. Its loan portfolio includes commercial, construction, mortgage, and personal loans; lease-financing, lines of credit, revolving lines of credit, and term loans, as well as other specialized loans, including asset-based financing; residential and commercial real estate loans; and consumer loans. The company also provides cash management, renting safe deposit boxes, and funds transfer services; issues letters of credit; and acts as a trustee of personal trusts, executor of estates, trustee for employee benefit trusts, and paying agent for bond and stock issues, as well as an investment agent and depositor for securities. In addition, it offers securities brokerage services; debit cards; annuity and life insurance products; and repurchase agreements, as well as mobile, internet banking, and e-statement services. The company was founded in 1903 and is headquartered in Pikeville, Kentucky.

Corporate governance

Community Trust Bancorp, Inc.’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 5; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.