SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
QUARTERLY REPORT UNDER SECTION 13 OR 15 (D)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarter ended September 30, 1994 Commission file number 0-16878
CBT CORPORATION
(Exact name of registrant as specified in its charter)
Kentucky 61-1030727
(state or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
333 Broadway, Paducah, Kentucky 42001
(address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (502) 575-5100
Indicate by check mark whether the registrant (1) has filed all reports
required to be filled by section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
Yes X No
Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date.
Class Outstanding at October 26, 1994
Common Stock, No Par Value 7,926,158
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.
CBT CORPORATION
DATE: December 19, 1994 SIGNED: /s/ John E. Sircy
John E. Sircy
Executive Vice President
and Chief Operating Officer
EXHIBIT INDEX
NUMBER DESCRIPTION
4(a) Articles of Incorporation of CBT Corporation,
as amended are incorporated by reference to
Exhibit 4(a), of Amended Form 10-Q of CBT
Corporation dated September 6, 1994.
4(b) By-Laws of CBT Corporation are incorporated
by reference to Exhibit 3, to the Registration
Statement on Form S-14, of CBT Corporation
(Registration No. 2-83583).
10(a) **CBT Corporation 1986 Stock Option Plan
incorporated by reference to Exhibit 4, of
Registration Statement on Form S-8 of CBT
Corporation (Registration No. 33-28512).
10(b) **CBT Corporation 1993 Stock Option Plan
incorporated by reference to Form 10-Q
of CBT Corporation dated March 31, 1993.
10(c) **Salary Continuance Agreement, incorporated
by reference to Exhibit 10(c) of the Form 10-K
of CBT Corporation for the year ended December
31, 1990.
10(d) **Incentive Compensation Plans, incorporated by
reference to Exhibit 10(d) of the Form 10-K of
CBT Corporation for the year ended December 31,
1990.
10(e) Agreement to Purchase Assets and Assume Liabilities
dated February 1, 1993, among Union Planters
Corporation, Security Trust Savings and Loan
Association, and CBT Corporation is incorporated
by reference to Exhibit 10(e) of the Form 10-K of CBT
Corporation for the year ended December 31, 1992.
10(f) Plan of Exchange and Share Exchange Agreement
dated July 19, 1993, between CBT Corporation and
Pennyrile Bancshares, Inc. are incorporated by
reference to Exhibit 2, of the Registration
Statement on Form S-4 of CBT Corporation dated
September 30, 1993 [File No. 33-69644].
10(g) Agreement and Plan of Reorganization and Plan of
Merger dated January 10, 1994, between CBT
Corporation, CBT Acquisition Corporation, and BMC
Bankcorp, Inc. are incorporated by reference to Exhibits
2(a) and (b) of Form 8-K of CBT Corporation dated
January 10, 1994.
** Denotes management contracts or compensatory plans or arrangements
required to be filed as exhibits to this Form 10-Q.
EXHIBIT 27
Financial Data Schedules of CBT Corporation
(submitted only in electronic format)
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<ARTICLE> 9
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-START> JAN-01-1994
<PERIOD-END> SEP-30-1994
<EXCHANGE-RATE> 1
<CASH> 26,574
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 3,800
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 167,183
<INVESTMENTS-CARRYING> 47,611
<INVESTMENTS-MARKET> 47,332
<LOANS> 602,515
<ALLOWANCE> 11,900
<TOTAL-ASSETS> 864,542
<DEPOSITS> 664,869
<SHORT-TERM> 75,489
<LIABILITIES-OTHER> 9,588
<LONG-TERM> 22,966
<COMMON> 4,100
0
0
<OTHER-SE> 90,663
<TOTAL-LIABILITIES-AND-EQUITY> 864,542
<INTEREST-LOAN> 37,474
<INTEREST-INVEST> 10,539
<INTEREST-OTHER> 206
<INTEREST-TOTAL> 48,219
<INTEREST-DEPOSIT> 16,995
<INTEREST-EXPENSE> 19,259
<INTEREST-INCOME-NET> 28,960
<LOAN-LOSSES> 1,054
<SECURITIES-GAINS> (160)
<EXPENSE-OTHER> 20,586
<INCOME-PRETAX> 11,903
<INCOME-PRE-EXTRAORDINARY> 11,903
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 8,654
<EPS-PRIMARY> 1.09
<EPS-DILUTED> 1.09
<YIELD-ACTUAL> 5.11
<LOANS-NON> 865
<LOANS-PAST> 618
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 6,200
<ALLOWANCE-OPEN> 10,998
<CHARGE-OFFS> 472
<RECOVERIES> 320
<ALLOWANCE-CLOSE> 11,900
<ALLOWANCE-DOMESTIC> 11,900
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>