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

Community Trust Bancorp Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

CTBI Price

Community's price per share closed at $42.21 yesterday. A year ago its price was $44.30. So, in the past year, its price dropped $2.09 or 4.72%.

Assuming Community's stock trades in the range of $35.00 to $45.00 this next year, Community's recent $42.21 price could rise by $1.79 and get to $44.00 by mid-October, 2020, assuming upward price momentum continues.

CTBI Dividends

Community's latest declared quarterly dividend was $0.38, paid October 1st.

That $0.38 Q dividend equates to $1.52 annually and yields 3.6% based on yesterday's $42.21 closing price.

CTBI Gains?

Adding the $1.52 annual estimated dividend to my $1.79 estimate of  Community's price upside shows a $3.31 potential gross gain, per share, which will be reduced by costs to trade these shares.

Say we put a little over $1,000.00 today into Community Trust Bancorp Inc at its recent $42.21 price, we'd buy 24 shares of CTBI.

A $10 broker fee paid half at purchase and half at sale might cost us about  $0.42 per share.

Subtract that $0.42 brokerage cost from the estimated $3.31 gross estimated gain leaves a net gain of $2.89 X 24 shares = $69.36 or a 6.93% net gain on a $1,013.04 investment.

Therefore, Community Trust Bancorp Inc, whose trading ticker symbol is CTBI now shows a possible net gain of 6.93% including a 3.6% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to learn if Community Trust Bancorp Inc is worth your time and money.