Community Trust in Kentucky Names CFO

By Brian Browdie May 01, 2013, 10:39 a.m. EDT 1 Min Read

Community banking

Community Trust in Kentucky Reports Flat Earnings as Costs Rise

Community Trust Bancorp (CTBI) in Pikeville, Ky., reported flat earnings for the first quarter as higher costs offset an increase in fee income.

By Chris Cumming

April 17

Community Trust Bancorp (CTBI) in Pikeville, Ky., has a promoted a veteran banker to chief financial officer.

Kevin Stumbo, who also serves as treasurer of the $3.7 billion-asset company, has been named to the post.

Stumbo has served as Community Trust's designated financial officer for the past decade.

The promotion "recognizes Kevin's continuing, significant contributions to the company," Jean Hale, Community Trust's chief executive, told American Banker.

Stumbo also has served as controller and general accounting manager throughout his 18 years with the company.

He previously held top financial posts at St. Joseph Martin Hospital and First Guaranty Bank in Martin, Ky.

Brian Browdie

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