Forbes Magazine Recognizes Community Trust Bancorp, Inc. For the Second Consecutive Year as One of “America's 50 Most Trustworthy Financial Companies”

PIKEVILLE, Ky.--(BUSINESS WIRE)-- Jean R. Hale, Chairman, President, and CEO of Community Trust Bancorp, Inc. (NASDAQ: CTBI), announced today that Community Trust Bancorp, Inc. has been recognized by Forbes magazine for the second consecutive year as one of “America's 50 Most Trustworthy Financial Companies.” Community Trust was ranked second in the “Small Cap” category ($250 million to $1 billion).

The Forbes list, released on August 3, 2015 includes publicly-traded North American banks and insurance companies. According to Forbes, “MSCI ESG Research reviews the accounting and governance behaviors of more than 700 publicly-traded North American companies with market caps of $250 million or greater for the year ending March 2015. In assessing each company, factors including high-risk events, revenue and expense recognition methods, SEC actions, and bankruptcy risk are all considered as indicators of a company’s credibility. These factors are used to develop ‘Aggressive Accounting and Governance Risk’ (AGR) numbers, the final composite by which organizations are scored. Companies appear on the list divided into categories by market cap size, along with their current AGR and average AGR over the past four quarters.”

“We are pleased and humbled that Community Trust has been recognized once again in this Forbes survey,” said Ms. Hale. “Stewardship of our Company’s shareholder assets is a fundamental responsibility which we strive to discharge through stringent corporate governance and accounting processes. Community Trust strongly believes in serving its constituents, its shareholders, its customers, its employees and its communities with the core values of fairness, respect and integrity. Our history of investment returns continues to demonstrate the viability of our stock as a long-term core value investment.”

Community Trust Bancorp, Inc. has been a member of the NASDAQ Global Select Market since its inception in 2006. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior to 2006, CTBI had been listed on the NASDAQ National Market.

The full Forbes article may be found online:

http://www.forbes.com/sites/kathryndill/2015/08/03/americas-50-most-trustworthy-financial-companies-2/

Founded in 1917, Forbes magazine, along with forbes.com, is an authoritative source of news and information on business, investing, technology, entrepreneurship, leadership and affluent lifestyles. The Forbes brand reaches more than 75 million people worldwide with its business message each month through its magazines and 37 licensed local editions around the globe, Forbes.com, TV, conferences, research and social and mobile platforms.

Community Trust Bancorp, Inc., with assets of $3.8 billion, is headquartered in Pikeville, Kentucky and has 70 banking locations across eastern, northeastern, central, and south central Kentucky, six banking locations in southern West Virginia, four banking locations in Tennessee, four trust offices across Kentucky, and one trust office in Tennessee.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150810006322/en/

Community Trust Bancorp, Inc.
Jean R. Hale, 606-437-3294
Chairman, President & CEO

Source: Community Trust Bancorp, Inc.

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