|
Financial Highlights
| (In thousands except ratios
and per share amounts) |
| |
|
2001 |
2000 |
Increase
(Decrease) |
| For the Year |
|
|
|
| |
Net income |
$22,272 |
$22,346 |
(0.33)% |
| |
Basic earnings per share |
1.93 |
1.87 |
3.21 |
| |
Diluted earnings per share |
1.93 |
1.87 |
3.21 |
| |
Cash dividends per share |
0.81 |
0.75 |
8.00 |
| |
Average shares outstanding |
11,517 |
11,947 |
(3.60) |
| |
|
|
|
|
| At Year End |
|
|
|
| |
Assets |
$2,503,905 |
$2,264,395 |
10.58 |
| |
Earning assets |
2,275,795 |
2,077,750 |
9.53 |
| |
Deposits |
2,155,772 |
1,943,916 |
10.90 |
| |
Loans, net of unearned income |
1,711,072 |
1,694,525 |
0.98 |
| |
Allowance for loan losses |
(23,648) |
(25,886) |
(8.65) |
| |
Shareholders' equity |
191,606 |
181,904 |
5.33 |
| |
Book value per share |
16.77 |
15.55 |
7.85 |
| |
Common shares outstanding |
11,426 |
11,701 |
(2.35) |
| |
Market price per common share |
23.75 |
14.88 |
59.61 |
| |
Full time equivalent employees |
883 |
795 |
11.07 |
| |
|
|
|
|
| Significant Ratios for
the Year |
|
|
| |
Return on average assets |
0.91% |
1.02% |
|
| |
Return on average common
equity |
11.85 |
12.63 |
|
| |
Capital ratios |
|
|
|
| |
Tier
1 leverage |
6.44 |
7.29 |
|
| |
Tier
1 risk based |
9.11 |
9.26 |
|
| |
Total
risk based |
10.32 |
10.51 |
|
| |
Equity to assets (year-end) |
7.65 |
8.04 |
|
| |
Allowance to net loans |
1.38 |
1.53 |
|
| |
Net charge-offs to average
loans |
0.65 |
0.51 |
|
| |
Allowance to nonperforming
loans |
70.27 |
99.30 |
|
| |
Net interest margin |
3.77 |
4.33 |
|
| |
Operating efficiency ratio |
60.07 |
58.53 |
|
*This information taken from Community
Trust Bancorp, Inc. 2001 annual report.
|
