A rural Kentucky bank company said last week that it would take a $7.25 million charge in the third quarter to cover troubled indirect loans.

Community Trust Bancorp in tiny Pikeville also said it would write off $750,000 for corporate restructuring.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.