CTBI Form 8-K Pursuant to Item 4.01
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15 (d)
of
the
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported)
May
9,
2006
Community
Trust Bancorp, Inc.
(Exact
name of registrant as specified in its charter)
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Kentucky
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61-0979818
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(State
or other jurisdiction of
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(IRS
Employer Identification Number)
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Incorporation
or organization)
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346
North Mayo Trail
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Pikeville,
Kentucky
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41501
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(Address
of principal executive offices)
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(Zip
code)
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(606)
432-1414
(Registrant's
telephone number, including area code)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
Soliciting
material pursuant to Rule 425 under the Securities Act (17 CFR
240.14a-12)
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
Item
4.01 - Changes in Registrant's Certifying Accountant
(a) On
May 9,
2006, Deloitte & Touche LLP (“Deloitte”) resigned as the independent
registered public accounting firm of Community Trust Bancorp, Inc. (the
“Company”). The resignation was accepted by the Audit Committee of the Board of
Directors of the Company on the same date.
The
audit
reports of Deloitte on the consolidated financial statements of the Company
and
its subsidiaries as of and for the years ended December 31, 2005 and 2004 did
not contain an adverse opinion or a disclaimer of opinion and were not qualified
or modified as to uncertainty, audit scope, or accounting
principles.
In
connection with the audits of the Company's consolidated financial statements
for each of the fiscal years ended December 31, 2005 and 2004 and through the
date of this Current Report, there were: (1) no disagreements between the
Company and Deloitte on any matters of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure which, if not
resolved to the satisfaction of Deloitte, would have caused Deloitte to make
reference in connection with their opinion to the subject matter of the
disagreement, and (2) no reportable events as defined in Regulation S-K Item
304(a)(1)(v).
The
Company has provided Deloitte a copy of the disclosures in this Form 8-K and
has
requested that Deloitte furnish it with a letter addressed to the Securities
and
Exchange Commission stating whether or not Deloitte agrees with the Company's
statements in this Item 4.01(a). A copy of the letter dated May 11, 2006
furnished by Deloitte in response to that request is filed as Exhibit 16.1
to
this Form 8-K.
(b) The
Audit
Committee of the Board of Directors of the Company has engaged BKD, LLP (“BKD”)
to serve as its new independent registered certified public accountants, subject
to the completion of BKD’s routine client acceptance procedures. Prior to the
engagement of BKD to provide the audit of the Company’s financial statements and
the review of interim filings, the Company did not consult BKD regarding any
matter requiring disclosure under item 304(a)(2) of Regulation S-K.
Item
9.01 - Financial Statements and Exhibits
(d) Exhibits
The
following exhibits are filed with this report:
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16.1
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Letter
from Deloitte & Touche, LLP to the Securities and Exchange Commission,
dated May 11, 2006.
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99.1
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Press
release, dated May 15, 2006.
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Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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COMMUNITY
TRUST BANCORP, INC.
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By:
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Date:
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May
15, 2006
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/s/
Jean R. Hale
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Chairman,
President and Chief Executive
Officer
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Exhibit
Index
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Exhibit
No.
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Description
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16.1
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Letter
from Deloitte & Touche, LLP to the Securities and Exchange Commission,
dated May 11, 2006.
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99.1
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Press
release, dated May 15, 2006.
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