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Community Trust® Bancorp , Inc. NEWS RELEASE Community Trust Bancorp , Inc. Reports Record Earnings for the First Quarter 2021 4/21/2021 PIKEVILLE , KY .-- ( BUSINESS WIRE ) -- Community Trust Bancorp , Inc. ( NASDAQ : CTBI ) Earnings Summary 1Q ( in thousands except per share data ) 2021 4Q 2020 1Q 2020 Net income $ 23,618 $ 15,826 $ 6,579 Earnings per share $ 1.33 $ 0.89 $ 0.37 Earnings per share - diluted $ 1.33 $ 0.89 $ 0.37 Return on average assets 1.84 % 1.24 % 0.60 % Return on average equity 14.48 % 9.64 % 4.24 % Efficiency ratio Tangible common equity Dividends declared per share Book value per share Weighted average shares Weighted average shares - diluted 50.37 % 62.75 % 59.18 % 11.27 % 11.62 % 12.77 % $ 0.385 $ 0.385 $ 0.380 $ 37.14 $ 36.77 $ 34.46 17,774 17,755 17,752 17,787 17,769 17,763 Community Trust Bancorp , Inc. ( NASDAQ - CTBI ) reports record earnings for the first quarter 2021 of $ 23.6 million , or $ 1.33 per basic share , compared to $ 15.8 million , or $ 0.89 per basic share , earned during the fourth quarter 2020 and $ 6.6 million , or $ 0.37 per basic share , earned during the first quarter 2020 . 1st Quarter 2021 Highlights 1