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Business Combinations
 12 Months Ended
Dec. 31, 2011
Business Combinations [Abstract]  
Business Combinations
2.  Business Combinations
 
On June 8, 2010, CTBI entered into an Agreement and Plan of Share Exchange with LaFollette First National Corporation, a Tennessee corporation ("LaFollette Corporation") and First National Bank of LaFollette ("LaFollette Bank"), the wholly-owned subsidiary of LaFollette Corporation.  On November 17, 2010, CTBI completed the acquisition of LaFollette Corporation and LaFollette Bank, acquiring all outstanding shares of LaFollette Corporation in a share exchange for $650 per share, or a total of approximately $16.1 million.  In addition, CTBI paid $1.2 million to retire a debt owed by LaFollette Corporation.  Immediately following the share exchange, LaFollette Corporation was merged into CTBI.  LaFollette Bank was merged into Community Trust Bank, Inc. (the "Bank") on January 21, 2011.
 
This acquisition was accounted for under ASC 805, Business Combinations.  Accordingly, assets and liabilities acquired were recorded at their estimated fair values, net of applicable income tax effects.  The excess cost over fair value of net assets acquired was recorded as goodwill.  Pro forma results of operations of LaFollette Corporation for the year ended December 31, 2010 are not included as the acquisition did not have a material impact on CTBI's consolidated financial statements.  Total assets acquired were approximately 5% of CTBI's total consolidated assets.  The following table summarizes the consideration paid for the purchase of LaFollette Corporation and the amounts of the assets acquired and liabilities assumed recognized at the acquisition date:
 
(in thousands)
   
Fair value of consideration
   
Cash paid (24,759 shares @ $650)
 $16,093 
Payoff of LaFollette Corporation debt
  1,213 
Total consideration paid
  17,306 
      
Assets acquired
    
Cash
  20,212 
Loans, net of purchase discounts
  118,602 
Federal Reserve Bank and Federal Home Loan Bank stock
  1,036 
Securities
  29,784 
Other real estate owned
  2,726 
Premises and equipment
  7,622 
Accrued interest receivable
  708 
Core deposit intangible
  1,124 
Other assets
  1,824 
Total assets acquired
  183,638 
      
Liabilities assumed
    
Deposits
  164,114 
Repurchase agreements
  426 
Federal Home Loan Bank advances
  1,199 
Accrued interest payable
  158 
Other liabilities
  875 
Total liabilities assumed
  166,772 
      
Net assets acquired
  16,866 
      
Goodwill
 $440