E Daily Stock Pick: Community Trust Bancorp

A portfolio of stocks I've been building since September 3 is named Volio Folio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

I'm reviewing today the second of five financial services stocks striving to be picked to join the Volio folio collection. This could be the seventh pick for Volio!

That financial sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial institutions.

My subject today is a small-cap bank - regional - US, Community Trust Bancorp Inc. Their trading ticker symbol is CTBI. This is my first report on CTBI.

Community Trust Bancorp Inc is a bank holding company providing commercial and personal banking and trust and wealth management activities.

The bank's services include accepting time and demand deposits; making secured and unsecured loans; cash management services; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services.

Its other services consist of residential and commercial real estate loans; checking accounts; regular and term savings accounts and savings certificates; full-service securities brokerage services; consumer loans; annuity and life insurance products; Individual Retirement Accounts and Keogh plans; and repurchase agreements.

The company has one operating segment, community banking services.

As of December 31, 2018, the company operated 79 banking locations in eastern, northeastern, central, and south-central Kentucky; 6 banking locations in southern West Virginia; 4 banking locations in northeastern Tennessee; 4 trust offices in Kentucky; and 1 trust office in Tennessee.

Community Trust Bancorp, Inc. was founded in 1903 and is headquartered in Pikeville, Kentucky.

I use three key data points to gauge dividend-paying equities or funds like

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Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from www.ycharts. com; www.finance.yahoo.com; analyst median target price by YCharts.

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