Employee Benefits (Tables)

12 Months Ended

Dec. 31, 2014

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Shares to be Issued and Remaining Shares Available for Future Issuance

The following table provides detail of the number of shares to be issued upon exercise of outstanding stock-based awards and remaining shares available for future issuance under all of CTBI's equity compensation plans as of December 31, 2014:

Plan Category (shares in thousands)	Number of Shares to Be Issued Upon Exercise	Weighted Average Price	Shares Available for Future Issuance
Equity compensation plans approved by shareholders:
Stock options	143	$31.47	1,564 (a)
Restricted stock	(c)	(b)	(a)
Performance units	(d)	(b)	(a)
Stock appreciation rights ("SARs")	(e)	(b)	(a)
Total			1,564

(a)

Under the 2006 Plan, 1.65 million shares (plus any shares reserved for issuance under the 1998 Stock Option Plan) were authorized for issuance as nonqualified and incentive stock options, SARS, restricted stock and performance units. As of December 31, 2014, the above shares remained available for issuance.

(b)	Not applicable

(c)	The maximum number of shares of restricted stock that may be granted is 440,000 shares, and the maximum that may be granted to a participant during any calendar year is 44,000 shares.

(d)	No performance units payable in stock had been issued as of December 31, 2014. The maximum payment that can be made pursuant to performance units granted to any one participant in any calendar year shall be $250,000.

(e)	No SARS have been issued. The maximum number of shares with respect to which SARs may be granted to a participant during any calendar year shall be 110,000 shares.

The following table details the shares available for future issuance under the 2006 Plan at December 31, 2014.

Plan Category	Shares Available for Future Issuance
Shares available at January 1, 2014	1,573,980
1998 Plan forfeitures in 2014	0
2006 Plan stock option issuances for 2014	(10,000)
2006 Plan restricted stock issuances in 2014	(4,561)
2006 Plan forfeitures in 2014	4,283
Shares available for future issuance	1,563,702

Schedule of Weighted Average Assumptions Used for Estimating Grant-Date Fair Value of Each Option Grant

CTBI uses a Black-Scholes option pricing model with the following weighted average assumptions, which are evaluated and revised as necessary, in estimating the grant-date fair value of each option grant for the year end:

	2014	2013	2012
Expected option life (in years)	7.0	7.5	--
Expected volatility	30.77%	39.11%	--
Expected dividend yield	3.40%	3.74%	--
Risk-free interest rate	2.01%	1.33%	--

Schedule of Restricted Stock Activity

The following table shows restricted stock activity for the years ended December 31, 2014, 2013, and 2012:

December 31	2014					2013					2012
	Grants			Weighted Average Fair Value at Grant		Grants			Weighted Average Fair Value at Grant		Grants		Weighted Average Fair Value at Grant
Outstanding at beginning of year		107,511		$	25.91		106,561		$	25.38		106,197	$	25.37
Granted		4,561			37.85		11,904			30.64		364		28.11
Vested		(8,949	)		28.35		(10,954	)		25.87		0		--
Forfeited		(1,814	)		28.38		0			--		0		--
Outstanding at end of year		101,309		$	26.19		107,511		$	25.91		106,561	$	25.38

Unrecognized Compensation Cost, Grant-Date Fair Value of Shares Vested, Cash Received from Option Exercises and Actual Tax Benefit Realized for Tax Deductions from Option Exercises

The following table shows the unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the plans at December 31, 2014, 2013, and 2012 and the total grant-date fair value of shares vested, cash received from option exercises under all share-based payment arrangements, and the actual tax benefit realized for the tax deductions from option exercises of the share-based payment arrangements for the years ended December 31, 2014, 2013, and 2012.

(in thousands)	2014		2013		2012
Unrecognized compensation cost of unvested share-based compensation arrangements granted under the plan at year-end	$	861	$	1,366	$	1,133
Grant date fair value of shares vested for the year		343		521		34
Cash received from option exercises under all share-based payment arrangements for the year		1,163		5,306		3,137
Tax benefit realized for the tax deductions from option exercises of the share-based payment arrangements for the year		93		303		496

1998 Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Stock Option Activity

CTBI's stock option activity for the 1998 Plan for the years ended December 31, 2014, 2013, and 2012 is summarized as follows:

December 31	2014					2013					2012
	Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price
Outstanding at beginning of year		78,066		$	28.91		195,279		$	28.08		353,694		$	24.41
Granted		0			--		0			--		0			--
Exercised		(34,106	)		28.25		(117,213	)		27.54		(158,305	)		19.85
Forfeited/expired		0			--		0			--		(110	)		29.49
Outstanding at end of year		43,960		$	29.43		78,066		$	28.91		195,279		$	28.08

Exercisable at end of year		43,960		$	29.43		78,066		$	28.91		195,279		$	28.08

Schedule of Intrinsic Values of Options Exercised, Exercisable, and Outstanding

The following table shows the intrinsic values of options exercised, exercisable, and outstanding for the 1998 Plan for the years ended December 31, 2014, 2013, and 2012:

(in thousands)	2014		2013		2012
Options exercised	$	270	$	1,175	$	690
Options exercisable		316		948		1,517
Outstanding options		316		948		1,517

2006 Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Stock Option Activity

CTBI's stock option activity for the 2006 Plan for the years ended December 31, 2014, 2013, and 2012 is summarized as follows:

December 31	2014					2013					2012
	Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price		Options			Weighted Average Exercise Price
Outstanding at beginning of year		97,047		$	32.29		163,524		$	31.56		167,828		$	31.43
Granted		10,000			34.75		1,650			30.64		0			--
Exercised		(5,757	)		34.62		(68,127	)		30.52		(3,507	)		25.92
Forfeited/expired		(2,469	)		34.29		0			--		(797	)		--
Outstanding at end of year		98,821		$	32.35		97,047		$	32.29		163,524		$	31.56

Exercisable at end of year		86,264		$	32.25		92,997		$	32.56		112,555		$	34.26

Summary for Status of Nonvested Options

A summary of the status of CTBI's 2006 Plan for nonvested options as of December 31, 2014, and changes during the year ended December 31, 2014, is presented as follows:

Nonvested Options	Options			Weighted Average Grant Date Fair Value
Nonvested at January 1, 2014		4,051		$	6.87
Granted		10,000			7.76
Vested		(1,274	)		6.68
Forfeited		(220	)		5.94
Nonvested at December 31, 2014		12,557		$	7.61

Schedule of Intrinsic Values of Options Exercised, Exercisable, and Outstanding

The following table shows the intrinsic values of options exercised, exercisable, and outstanding for the 2006 Plan for the years ended December 31, 2014, 2013, and 2012:

(in thousands)	2014		2013		2012
Options exercised	$	11	$	477	$	22
Options exercisable		376		790		88
Outstanding options		421		849		388