Community Trust Bancorp, Inc. (“CTBI”) is a bank
holding company registered with the Board of Governors of the Federal Reserve System pursuant to
Section 5(a) of the Bank Holding Company Act of 1956, as amended. CTBI was incorporated August 12,
1980, under the laws of the Commonwealth of Kentucky for the purpose of becoming a bank holding
company. Currently, CTBI owns all the capital stock of one commercial bank and one trust company,
serving small and mid-sized communities in eastern, northeastern, central, and south central
Kentucky, southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust
Bank, Inc., Pikeville, Kentucky (“CTB”) and the trust company is Community Trust and Investment
Company, Lexington, Kentucky.
Through its subsidiaries, CTBI engages in a wide range of commercial and personal banking
and trust and wealth management activities, which include accepting time and demand deposits; making
secured and unsecured loans to corporations, individuals and others; providing cash management
services to corporate and individual customers; issuing letters of credit; renting safe deposit
boxes; and providing funds transfer services. The lending activities of CTB include making
commercial, construction, mortgage, and personal loans. Lease-financing, lines of credit, revolving
lines of credit, term loans, and other specialized loans, including asset-based financing, are also
available. Our corporate subsidiaries act as trustees of personal trusts, as executors of estates,
as trustees for employee benefit trusts, as paying agents for bond and stock issues, as investment
agent, as depositories for securities, and as providers of full service brokerage and insurance
services.