3
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)
September 21, 1998
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)
<PAGE>
Item 2. Acquisition or Disposition of Assets
Community Trust Bancorp, Inc. (NASDAQ: CTBI) and PNC
Bank Corp. (NYSE: PNC) today announced that their banking
subsidiaries, Community Trust Bank, N.A. and PNC Bank, N.A.,
closed Community Trust Bank's purchase of five branches from
PNC with total deposits of approximately $195,000,000.
These branches are located in Richmond, Winchester and
Harrodsburg, all located in central Kentucky.
This acquisition along with the acquisition of seven
Bank One branches in West Virginia on June 26, 1998, adds
over $400,000,000 to CTBI's deposits increasing CTBI's
assets to over $2,250,000,000.
Community Trust Bancorp, Inc. is based in Pikeville,
Kentucky, with seventy one banking locations in Kentucky and
West Virginia including the cities of Pikeville, Lexington,
Winchester, Berea, Campbellsville, Ashland, Somerset,
London, Williamsburg, Middlesboro, Whitesburg, Flemingsburg,
Mt. Sterling and Versailles in Kentucky; Hamlin, West
Hamlin, Alum Creek, Fort Gay, Summersville, and Williamson
in West Virginia; and the locations listed above in central
Kentucky.
<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.
September 30, 1998 By:/s/Burlin Coleman
Burlin Coleman
President and
Chief Executive Officer
