Community Trust reports Q3 EPS $1.23 vs.$1.15 last year

Reports total revenue for the quarter was $1.4M above prior quarter and $4.1 M above prior year same quarter. Net interest revenue for the quarter increased $1.5M compared to prior quarter and $4.1 million compared to prior year same quarter, and noninterest income decreased $0.1M compared to prior quarter but increased $0.1M compared to prior year same quarter. Our provision for credit losses for the quarter decreased $0.2M from prior quarter but increased $0.9M from prior year same quarter. Noninterest expense increased $0.1 million compared to prior quarter and $1.7M compared to prior year same quarter. Net income for the nine months ended September 30 was $60.3Mn, or $3.36 per basic share, compared to $59.3M or $3.32 per basic share, for the nine months ended September 30.