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Regulatory Matters
 12 Months Ended
Dec. 31, 2011
Regulatory Matters [Abstract]  
Regulatory Matters
21.  Regulatory Matters
 
CTBI's principal source of funds is dividends received from our subsidiary bank, Community Trust Bank, Inc.  Regulations limit the amount of dividends that may be paid by CTB without prior approval.  During 2012, approximately $19.1 million plus any 2012 net profits can be paid by CTB without prior regulatory approval.
 
The Federal Reserve Bank adopted quantitative measures which assign risk weightings to assets and off-balance sheet items and also define and set minimum regulatory capital requirements (risk based capital ratios).  All banks are required to have a minimum Tier 1 (core capital) leverage ratio of 4% of adjusted quarterly average assets, Tier 1 capital of at least 4% of risk-weighted assets, and total capital of at least 8% of risk-weighted assets.  Tier 1 capital consists principally of shareholders' equity including capital-qualifying subordinated debt but excluding unrealized gains and losses on securities available-for-sale, less goodwill and certain other intangibles.  Total capital consists of Tier 1 capital plus certain debt instruments and the reserve for credit losses, subject to limitation.  Failure to meet certain capital requirements can initiate certain actions by regulators that, if undertaken, could have a direct material effect on our consolidated financial statements.  The regulations also define well-capitalized levels of Tier 1 leverage, Tier 1, and total capital as 5%, 6%, and 10%, respectively.  We had Tier 1 leverage, Tier 1, and total capital ratios above the well-capitalized levels at December 31, 2011 and 2010.  We believe, as of December 31, 2011, CTBI meets all capital adequacy requirements for which it is subject to be defined as well-capitalized under the regulatory framework for prompt corrective action.
 
Under the current Federal Reserve Board's regulatory framework, certain capital securities offered by wholly owned unconsolidated trust preferred entities of CTBI are included as Tier 1 regulatory capital.  On March 1, 2005, the Federal Reserve Board adopted a final rule that allows the continued limited inclusion of trust preferred securities in the Tier 1 capital of bank holding companies ("BHCs").  Under the final rule, trust preferred securities and other restricted core capital elements are subject to stricter quantitative limits.  The Board's final rule limits restricted core capital elements to 25 percent of all core capital elements, net of goodwill less any associated deferred tax liability.  Amounts of restricted core capital elements in excess of these limits generally may be included in Tier 2 capital.  The final rule provided a five-year transition period, which ended March 31, 2009, for application of the quantitative limits.  The requirement for trust preferred securities to include a call option has been eliminated, and standards for the junior subordinated debt underlying trust preferred securities eligible for Tier 1 capital treatment have been clarified.  The final rule addresses supervisory concerns, competitive equity considerations, and the accounting for trust preferred securities. The final rule also strengthens the definition of regulatory capital by incorporating longstanding Board policies regarding the acceptable terms of capital instruments included in banking organizations' Tier 1 or Tier 2 capital.  The final rule did not have a material impact on our regulatory ratios.
 
Consolidated Capital Ratios

   
Actual
  
For Capital Adequacy Purposes
 
(in thousands)
 
Amount
  
Ratio
  
Amount
  
Ratio
 
As of December 31, 2011:
            
Tier 1 capital (to average assets)
 $289,848   9.89% $117,229   4.00%
Tier 1 capital (to risk weighted assets)
  289,848   13.88   83,530   4.00 
Total capital (to risk weighted assets)
  381,038   15.14   201,341   8.00 
                  
As of December 31, 2010:
                
Tier 1 capital (to average assets)
 $327,030   10.16% $128,752   4.00%
Tier 1 capital (to risk weighted assets)
  327,030   12.90   101,405   4.00 
Total capital (to risk weighted assets)
  357,281   14.10   202,713   8.00 

Community Trust Bank, Inc.'s Capital Ratios

   
Actual
  
For Capital Adequacy Purposes
  
To Be Well-Capitalized Under Prompt Corrective Action Provision
 
(in thousands)
 
Amount
  
Ratio
  
Amount
  
Ratio
  
Amount
  
Ratio
 
As of December 31, 2011:
                  
Tier 1 capital (to average assets)
 $334,553   9.51% $140,716   4.00% $175,895   5.00%
Tier 1 capital (to risk weighted assets)
  334,553   13.32   100,466   4.00   150,700   6.00 
Total capital (to risk weighted assets)
  366,243   14.58   200,956   8.00   251,195   10.00 
 
As of December 31, 2010:
                  
Tier 1 capital (to average assets)
 $298,614   9.58% $124,682   4.00% $155,853   5.00%
Tier 1 capital (to risk weighted assets)
  298,614   12.36   96,639   4.00   144,958   6.00 
Total capital (to risk weighted assets)
  328,865   13.62   193,166   8.00   241,457   10.00