5
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
January 17, 1997
COMMUNITY TRUST BANCORP, INC.
(Exact name of registrant as specified in its charter)
Kentucky 0-11129 61-0979818
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
208 North Mayo Trail
Pikeville, Kentucky 41501
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(606) 432-1414
Not Applicable
(Former name or former address, if changed since last
report)
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Item 5. Settlement of Lawsuit
Community Trust Bancorp, Inc. reached a settlement on a
lawsuit which had been pending with a former software
vendor.
See Exhibit 5.
<PAGE>
Signatures
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned thereunto duly
authorized.
Community Trust Bancorp, Inc.
January 24, 1997 By: Richard M. Levy
Richard M. Levy
Executive Vice President
Chief Financial Officer
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INDEX TO EXHIBITS
Exhibit Sequentially Numbered Page
5 Community Trust Bancorp, Inc. 5
Press Release dated January 17, 1997
<PAGE>
Exhibit 5
FOR IMMEDIATE RELEASE
January 17, 1997
FOR ADDITIONAL INFORMATION PLEASE CONTACT RICHARD M. LEVY,
EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER,
COMMUNITY TRUST BANK, N.A. AT (606) 437-3282.
Jean R. Hale, President and CEO of Community Trust Bank,
N.A., today announced a settlement of a dispute with a
former software vendor which will increase first quarter
1997 earnings by $3.2 million, net of tax. The settlement
will add $4.9 million to income pre-tax.
Community Trust Bancorp, Inc. with $1.8 billion in assets
has offices located in Pikeville, Whitesburg, Ashland,
Flemingsburg, Mt. Sterling, Middlesboro, Williamsburg, and
Versailles and affiliates in Campbellsville and West
Liberty.
