Community Bankers Trust Corp - FORM 8-K - EX-99.1

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Exhibit 99.1

Community Bankers Trust Corporation

Reports 2nd Quarter 2011 Results

Glen Allen, VA, July 28, 2011 - Community Bankers Trust Corporation (the “Company”) (NYSE Amex: BTC), the holding company for Essex Bank (the “Bank”), today reported second quarter 2011 net income of $521,000. This compares with a net loss of $19.6 million in the second quarter of 2010 and a net loss of $1.2 million in the first quarter of 2011. Net income available to common stockholders was $247,000 in the second quarter of 2011 compared with a net loss available to common stockholders of $19.9 million in the second quarter of 2010 and a net loss available to common stockholders of $1.5 million in the first quarter of 2011. Second quarter 2010 results included a $21.3 million provision for loan losses and $5.7 million in impairment of goodwill charges.

Rex L. Smith, III, President and Chief Executive Officer of the Company and the Bank, stated, “I am pleased to be able to report a profit for the quarter. More importantly, I am encouraged by the trends that produced the profit. We are beginning to see the results of the work we have done to strategically re-align the Bank. We have been able to isolate and resolve the larger credit issues of the past and to focus on better resource utilization in the major business lines of the Bank.

“We have methodically decreased the level of nonperforming loans, increased interest income and dramatically reduced operating expenses. Additionally, this is the third consecutive quarter that we have been able to increase our capital ratios.”

Mr. Smith added, “While resolving our credit problems has been a top priority, we are also focused on generating new quality relationships to grow the core businesses in the markets we serve. The entire management team is dedicated to accomplishing the goals we have set to return the Company to profitability and build value for our shareholders.”

Key highlights for the second quarter of 2011 include the following:

Net interest income was $11.4 million for the second quarter of 2011, an increase of $1.3 million, or 13.2%, over the first quarter of 2011.

Non-covered nonaccruing loans declined 10.2% during the quarter, or $4.3 million, ending the period at $37.7 million.

Non-covered other real estate owned increased $5.1 million, to $12.4 million, on a linked quarter basis, as loans migrate from nonaccruing status to other real estate as a result of aggressive resolution of problem credits.

Interest expense declined $232,000, or 7.0%, on a linked quarter basis, the result of an aggressive deposit pricing strategy coupled with lower rates.

Net charged-off loans were $4.7 million for the second quarter of 2011, down from $5.5 million in the first quarter of 2011 and $8.7 million in the fourth quarter of 2010.

Noninterest expenses were $18.5 million for the six months ended June 30, 2011, a decline of $7.5 million, or 28.8%, compared with the first six months of 2010 noninterest expenses of $26.0 million. Excluding goodwill impairment charges of $5.7 million in the second quarter of 2010, noninterest expenses would have declined $1.8 million, or 8.7%.

Excluding FDIC covered assets, the ratio for the allowance for loan losses to total loans was 3.35% at June 30, 2011, which management believes is commensurate with risk within the non-covered loan portfolio.

RESULTS OF OPERATIONS

Net income available to common stockholders was $247,000, or $0.01 per common share on a diluted basis, for the quarter ended June 30, 2011 compared with a net loss available to common stockholders of $19.9 million, or $0.93 per common share on a diluted basis, for the quarter ended June 30, 2010. Net income was driven by an increase in net interest income from aggressive deposit pricing and noninterest expense controls. Additionally, there was no provision for loan losses in the second quarter of 2011 compared with $21.3 million in the second quarter of 2010.

Also positively influencing the performance in earnings in the second quarter of 2011 compared to the second quarter of 2010 was the recognition of $5.7 million in goodwill impairment charges in the second quarter of 2010. This eliminated the Company’s goodwill balances, generated by the formation of the Company in 2008.

Furthermore, the Company has focused on improvement in noninterest expenses. Noninterest expenses, excluding goodwill impairment charges, declined from $10.4 million in the second quarter of 2010, to $9.3 million in the second quarter of 2011. Offsetting these improvements was a decline in total noninterest income, from negative $115,000 in the second quarter of 2010, to negative $1.4 million in the second quarter of 2011 as the Company recognized $2.7 million in FDIC indemnification asset amortization. This recognition resulted in a reduction in the amount carried on the balance sheet that the Company anticipates it will collect from the FDIC on the loans covered by FDIC shared loss agreements.

The following table presents summary income statements for the three months ended June 30, 2011 and 2010, and six months ended June 30, 2011 and 2010.

SUMMARY INCOME STATEMENT
(Dollars in thousands)	For the three months ended						For the six months ended
	June 30, 2011			June 30, 2010			$June 30, 2011			June 30, 2010
Interest income	$	14,492		$	14,933			27,886		$	30,179
Interest expense		3,079			4,820			6,390			10,008
Net interest income		11,413			10,113			21,496			20,171
Provision for loan losses		-			21,282			1,498			26,324
Net interest income after provision for
loan losses		11,413			(11,169	)		19,998			(6,153	)
Noninterest income		(1,431	)		(115	)		(2,837	)		300
Noninterest expense		9,334			16,175			18,545			26,035
Income tax (expense) benefit		(127	)		7,843			711			9,508
Net income (loss)	$	521		$	(19,616	)	$	(673	)	$	(22,380	)
Dividends on preferred stock		-			221			-			442
Accretion of preferred stock discount		53			49			104			97
Preferred dividends not paid		221			-			442			-
Net income (loss) available to common
stockholders	$	247		$	(19,886	)	$	(1,219	)	$	(22,919	)

Net income (loss) per share available to
common stockholders:
Basic	$	0.01		$	(0.93	)	$	(0.06	)	$	(1.07	)
Diluted	$	0.01		$	(0.93	)	$	(0.06	)	$	(1.07	)

Interest Income

Interest income for the second quarter of 2011 was $14.5 million, an increase of $1.1 million, or 8.2%, from first quarter 2011 interest income of $13.4 million. Interest and fee income on loans was $12.2 million in the second quarter of 2011 compared with $11.1 million in the first quarter of 2011. Interest and fees on FDIC covered loans increased $1.0 million on a linked quarter basis and was $4.8 million in the second quarter of 2011 compared with $3.8 in the first quarter of 2011. The increase in income was the result of better than previously forecasted performance on FDIC guaranteed loans acquired in 2009, which also resulted in increased FDIC indemnification asset amortization in noninterest income. Despite a decline of $29.6 million in average interest-earning assets on a linked quarter basis, interest and fees on non-covered loans increased $94,000.

Interest income declined 3.0%, or $441,000, from $14.9 million in the second quarter of 2010 to $14.5 million in the second quarter of 2011. The primary reason for the decline was a 12.0% decrease in average earning assets, from $1.046 billion in the second quarter of 2010 to $921.1 million in the second quarter of 2011. The impact of the decline in average earning assets was partially offset by an increase in yield on earning assets, from 5.88% for the second quarter of 2010 to 6.34% for the second quarter of 2011. The increase in yield was driven by the FDIC covered loan portfolio, which yielded 9.76% against the carrying value in the second quarter of 2010 and increased to 18.28% for the second quarter of 2011.

Interest income was $27.9 million for the six months ended June 30, 2011, a decrease of $2.3 million from interest income of $30.2 million for the six months ended June 30, 2010. Average earnings assets declined from $1.044 billion for the first six months of 2010 to $939.6 million for the first six months of 2011. Soft loan demand plus a focus by the Company on the remediation and resolution of problem credits is the primary reason for the 10.0%, or $104.5 million, decline in average earning assets over the comparative periods.

Interest Expense

Interest expense for the second quarter of 2011 was $3.1 million, a decrease of $232,000, or 7.0%, from interest expense of $3.3 million for the first quarter of 2011. Average interest-bearing liabilities declined $22.2 million, or 2.4%, from $919.2 million in the first quarter of 2011 to $897.0 million in the second quarter of 2011, the result of a continued de-leveraging strategy. Total deposits at June 30, 2011 were $910.5 million, a decline of $19.0 million, or 2.1%, from total deposits of $929.5 million at March 31, 2011. Interest bearing deposits declined $19.4 million and noninterest bearing deposits increased $367,000 over this time frame. Due to aggressive repricing, coupled with lower rates, the cost of interest bearing liabilities declined from 1.44% in the first quarter of 2011 to 1.37% in the second quarter of 2011.

Interest expense declined $1.7 million from $4.8 million in the second quarter of 2010 to $3.1 million in the second quarter of 2011. The 36.1% decrease resulted from decreases in both the amount of interest bearing liabilities and their cost. First, the average balance of interest bearing liabilities declined $125.4 million, or 12.3% from the second quarter of 2010 to the second quarter of 2011. Second, the cost of interest bearing liabilities declined from 1.89% for the second quarter of 2010 to 1.37% in the second quarter of 2011.

Interest expense declined $3.6 million year over year, from $10.0 million for the six months ended June 30, 2010 to $6.4 million for the six months ended June 30, 2011. This decline of 36.2% was driven by a decline in average interest bearing liabilities, from $1.021 billion for the first six months of 2010 to $908.0 million for the same period in 2011. Additionally contributing to the decrease in interest expense was a decrease in the cost of interest bearing liabilities, from 1.96% for the first six months of 2010 to 1.41% for the first six months in 2011.

Net Interest Income

Net interest income was $11.4 million for the quarter ended June 30, 2011, compared with $10.1 million for the quarter ended March 31, 2011. This represents an increase of $1.3 million, or 13.2%, and was the result primarily of an increase in interest and fees on FDIC covered loans of $1.0 million, from $3.8 million in the first quarter of 2011 to $4.8 million in the second quarter of 2011, at a resultant yield of 18.28% on $105.8 million in average carry balances of the loans in that portfolio for the second quarter of 2011. On a tax equivalent basis, net interest income was $11.5 million for the second quarter of 2011 compared with tax equivalent net interest income of $10.3 million for the first quarter of 2011. The tax equivalent net interest margin increased to 5.01% in the second quarter of 2011 compared to 4.33% in the first quarter of 2011.

Net interest income increased $1.3 million year over year, from $10.1 million in the second quarter of 2010 to $11.4 million in the second quarter of 2011. This represents an increase of 12.9% and was the result primarily of an increase in the Company’s interest spread, from 3.99% in the second quarter of 2010 to 4.97% in the second quarter of 2011. This increased the Company’s net interest margin from 4.04% in the second quarter of 2010 to 5.01% for the same period in 2011. A decline in the cost of interest bearing liabilities, from 1.89% for the second quarter of 2010 to 1.37% for the second quarter of 2011, coupled with an increase in the yield on FDIC covered loans noted above, were the drivers of this increase.

Net interest income was $21.5 million for the six months ended June 30, 2011, compared with $20.2 million for the six months ended June 30, 2010. The increase in net interest income was the result primarily of decreases in the average balances of interest-bearing liabilities of $112.9 million, or 11.1%, coupled with lower rates, which has reduced interest expense 36.2%, from $10.0 million in the first six months of 2010 to $6.4 million for the first six months of 2011. The tax equivalent net interest margin increased to 4.65% in the first six months of 2011 from 4.04% in the first six months of 2010.

The following table compares the Company’s net interest margin, on a tax-equivalent basis, for the three months ended June 30, 2011, June 30, 2010, and March 31, 2011 and for the six months ended June 30, 2011 and June 30, 2010.

NET INTEREST MARGIN

(Dollars in thousands)
	For the three months ended
	6/30/2011			6/30/2010			3/31/2011

Average interest earning assets	$	921,089		$	1,046,439		$	950,678
Interest income	$	14,492		$	14,933		$	13,394
Interest income - tax equivalent	$	14,610		$	15,386		$	13,606
Yield on interest earning assets		6.34	%		5.88	%		5.73	%
Average interest bearing liabilities	$	896,970		$	1,022,327		$	919,214
Interest expense	$	3,079		$	4,820		$	3,311
Cost of interest bearing liabilities		1.37	%		1.89	%		1.44	%
Net interest income	$	11,413		$	10,113		$	10,083
Net interest income - tax equivalent	$	11,531		$	10,566		$	10,295
Interest spread		4.97	%		3.99	%		4.28	%
Net interest margin		5.01	%		4.04	%		4.33	%

	For the six months ended
	6/30/2011			6/30/2010

Average interest earning assets	$	939,582		$	1,044,120
Interest income	$	27,886		$	30,179
Interest income - tax equivalent	$	28,216		$	31,094
Yield on interest earning assets		6.01	%		5.96	%
Average interest bearing liabilities	$	908,031		$	1,020,922
Interest expense	$	6,390		$	10,008
Cost of interest bearing liabilities		1.41	%		1.96	%
Net interest income	$	21,496		$	20,171
Net interest income - tax equivalent	$	21,826		$	21,086
Interest spread		4.60	%		4.00	%
Net interest margin		4.65	%		4.04	%

Provision for Loan Losses

The provision for loan losses for non-covered loans was $0 for the quarter ended June 30, 2011. This compares with a provision of $1.5 million for the first quarter of 2011 and a provision of $21.3 million for the quarter ended June 30, 2010. The ratio of the allowance for loan losses to nonperforming assets was 33.52% at June 30, 2011, compared with 43.39% at March 31, 2011. The ratio of allowance for loan losses to total non-covered loans was 3.35% at June 30, 2011 compared with 4.19% at March 31, 2011 and 6.89% at June 30, 2010. The decrease in the allowance for loan losses to total non-covered loans from June 2010 to June 2011 was primarily the result of aggressive charge-offs for non-performing loans. Net charged-off loans were $4.7 million for the quarter ended June 30, 2011 compared with net charged-off loans of $5.5 million for the quarter ended March 31, 2011. Since the beginning of 2010, the Company has charged-off $30.5 million in loans and realized $1.2 million in recoveries.

Provision for loan losses on non covered loans was $1.5 million for the six months ended June 30, 2011 compared with $26.3 million for the six months ended June 30, 2010. Charged-off loans were $10.5 million for the six months ended June 30, 2011 compared to $5.5 million for the six months ended June 30, 2010. Loan recoveries were $221,000 for the first six months of 2011 compared to $687,000 for the same period in 2010.

The following table reconciles the activity in the Company’s non-covered allowance for loan losses, by quarter, for the past six quarters.

CREDIT QUALITY
(Dollars in thousands)	2011						2010
	Second			First			Fourth			Third			Second			First
	Quarter			Quarter			Quarter			Quarter			Quarter			Quarter
Allowance for loan losses:

Beginning of period	$	21,542		$	25,543		$	34,353		$	38,785		$	19,798		$	18,169
Provision for loan losses		-			1,498			(77	)		1,116			20,402			5,042
Charge-offs		(4,825	)		(5,634	)		(8,898	)		(5,647	)		(2,029	)		(3,486	)
Recoveries		86			135			165			99			614			73
Net charge-offs	$	(4,739	)	$	(5,499	)	$	(8,733	)	$	(5,548	)	$	(1,415	)	$	(3,413	)
End of period	$	16,803		$	21,542		$	25,543		$	34,353		$	38,785		$	19,798

Noninterest Income

On a linked quarter basis, noninterest income was negative $1.4 million for both the first and second quarters of 2011. The largest component of noninterest income was FDIC indemnification asset amortization, which reduces noninterest income, and was $2.7 million for each period, respectively. By amortizing the FDIC indemnification asset the Company is reducing the asset and recognizing interest income from borrowers of loans covered by FDIC shared loss agreements.

Noninterest income was positively affected in the second quarter of 2011 by reduced loss on sale of OREO, totaling $249,000 for the second quarter of 2011 compared with $612,000 in the first quarter of 2011. Also positively affecting noninterest income on a linked quarter basis was an increase in service charges on deposit accounts of $61,000. Service charges on deposit accounts were $637,000 for the second quarter of 2011 compared with $576,000 for the first quarter of 2011. Offsetting increases in noninterest income were a decrease in other noninterest income of $52,000, from $714,000 in the first quarter of 2011 to $662,000 in the second quarter of 2011, and a decrease in gains on sales of securities of $485,000. Gains on securities sales were $176,000 in the second quarter of 2011 versus gains of $661,000 in the first quarter of 2011.

Noninterest income declined from negative $115,000 in the second quarter of 2010 to negative $1.4 million for the second quarter of 2011. FDIC indemnification asset amortization was the largest factor in this decline and was $2.7 million for the second quarter of 2011 compared with $362,000 in the second quarter of 2010. Other noninterest income also decreased and was $662,000 in the second quarter of 2011 compared with $1.3 million for the second quarter of 2010. Other categories offset these decreases in noninterest income. Gain/(loss) on sale of OREO increased from losses of $1.2 million in the second quarter of 2010 to losses of $249,000 in the second quarter of 2011. Gain/(loss) on sales of securities were a loss of $452,000 in the second quarter of 2010 and increased to gains of $176,000 for the second quarter of 2011. Service charges on deposit accounts were $622,000 in the second quarter of 2010 and increased to $637,000 in the second quarter of 2011.

For the six months ended June 30, 2011, noninterest income equaled negative $2.8 million versus $300,000 for the six months ended June 30, 2010. Again, this change was due primarily to accelerated FDIC indemnification asset amortization of $4.7 million, from $739,000 for the first six months of 2010 to $5.4 million for the same period in 2011. The increase in FDIC indemnification asset amortization has resulted in the increased yield realized in interest and fees on FDIC covered loans over the same time frame, as projected losses carried within the FDIC indemnification asset have been realized instead, through payment performance of the associated borrowers. Service charges on deposit accounts increased $26,000 and were $1.2 million each six month period.

Also positively affecting noninterest income over the six months comparison periods was a reduction in losses on sales of OREO properties of $2.7 million, from $3.6 million for 2010 to $861,000 in 2011. Additionally, gains/(losses) on sales of securities increased by $935,000, from a loss of $98,000 in the first six months of 2010 to gains realized for the same period in 2011 of $837,000.

Other noninterest income decreased $2.1 million year over year from $3.5 million in the first six months of 2010 to $1.4 million for the same period in 2011. This decrease reflects fewer reimbursable loss events in FDIC covered loans.

Noninterest Expense

On a linked quarter basis, noninterest expenses totaled $9.3 million for the three months ended June 30, 2011 compared with $9.2 million for the quarter ended March 31, 2011, an increase of $123,000, or 1.3%.

Other operating expenses increased $397,000, or 23.7%, from $1.7 million in the first quarter of 2011, to $2.1 million in the second quarter of 2011. Of this increase, $183,000 was related to the issuance and expense of annual stock retainers for Directors that occurred following the annual meeting of stockholders. Additionally, direct expenses on other real estate owned increased $178,000 on a linked quarter basis. Also increasing on a linked quarter basis were data processing fees, which increased $24,000, from $452,000 to $476,000, or 5.3%. Professional fees increased by $7,000, from $191,000 in the first quarter of 2011, to $198,000 in the second quarter of 2011.

All other expense categories realized decreases in the second quarter of 2011 compared to the first quarter of 2011. FDIC assessment expense declined $111,000, from $872,000 in the first quarter of 2011 to $761,000 in the second quarter of 2011. Occupancy expenses declined $81,000, from $814,000 to $733,000. Legal fees declined $70,000, from $105,000 in the first quarter of 2011 to $35,000 in the second quarter of 2011. Salaries and employee benefits decreased $33,000 and equipment expense decreased $10,000 on a linked quarter basis.

Noninterest expenses declined $6.8 million when comparing the second quarter of 2011 to the same period in 2010. Excluding non-cash goodwill impairment charges of $5.7 million realized in the second quarter of 2010, noninterest expenses would have declined $1.1 million, from $10.4 million in the second quarter of 2010 to $9.3 million in the second quarter of 2011. Salaries and employee benefits were the largest category decrease and were $4.8 million in the second quarter of 2010 and $4.2 million in the second quarter of 2011, a decrease of $634,000, or 13.2%. Also seeing a significant decline were professional fees, which decreased $545,000, or 73.4%, from $743,000 in the second quarter of 2010 to $198,000 in the second quarter of 2011.

For the six months ended June 30, 2011, excluding the goodwill impairment charge noted above, noninterest expenses would have declined $1.8 million. Noninterest expenses, excluding goodwill, were $20.3 million for the first six months of 2010 and declined to $18.5 million for the first six months in 2011. The two major drivers of this 8.7% decrease were salaries and employee benefits, which declined $1.6 million over the six months comparison periods, and professional fees, which decreased $688,000. Salaries and employee benefits were $9.9 million for the first six months of 2010 and $8.4 million for the first six months of 2011, a decrease of 15.7%. Professional fees were $1.1 million for the first six months of 2010 and $389,000 for the first six months of 2011, a decrease of 63.9%.

Income Taxes

Income tax expense was $127,000 for the three months ended June 30, 2011, compared with an income tax benefit of $838,000 for the three months ended March 31, 2011 and income tax benefit of $7.8 million in the second quarter of 2010. For the six months ended June 30, 2011, income tax benefit totaled $711,000 compared with income tax benefit of $9.5 million for the six months ended June 30, 2010.

FINANCIAL CONDITION

At June 30, 2011, the Company had total assets of $1.065 billion, a decrease of $50.1 million, or 4.5%, from total assets of $1.116 billion at December 31, 2010. Total loans, including $104.3 million in loans covered by the FDIC shared loss agreements, were $605.4 million at June 30, 2011, decreasing $35.7 million, or 5.6%, from $641.1 million at December 31, 2010. The carrying value of covered loans declined $11.2 million, or 9.7%, from December 31, 2010. Non-covered loans equaled $501.1 million at June 30, 2011, declining $24.5 million, or 4.7%, since December 31, 2010. The decline in loan volume within the non-covered loan portfolio was the direct result of $10.5 million in loan charge-offs coupled with loan run-off and an overall weak loan demand.

On a linked quarter basis, total real estate loans declined $18.1 million and were $438.4 million at June 30, 2011. Commercial lending activity increased $4.4 million, or 9.4%, during the second quarter of 2011 and was $51.5 million at June 30, 2011. Consumer installment loans increased during the second quarter of 2011 and were $9.6 million, an increase of $894,000, or 10.3%. The increase in commercial and consumer installment loans reflects an effort by management to diversify the loan portfolio away from a heavy dependence on real estate lending.

The following table shows the composition of the Company’s non-covered loan portfolio on a linked quarter basis.

NON-COVERED LOANS

(Dollars in thousands)

	June 30, 2011						March 31, 2011
	Amount			% of Non-Covered Loans			Amount			% of Non-Covered Loans
Mortgage loans on real estate:
Residential 1-4 family	$	131,205			26.18	%	$	133,327			25.91	%
Commercial		197,897			39.49	%		201,017			39.07	%
Construction and land development		85,002			16.96	%		95,286			18.52	%
Second mortgages		8,306			1.66	%		8,429			1.64	%
Multifamily		13,397			2.67	%		15,356			2.98	%
Agriculture		2,566			0.51	%		3,020			0.59	%
Total real estate loans		438,373			87.47	%		456,435			88.71	%
Commercial loans		51,511			10.28	%		47,092			9.15	%
Consumer installment loans		9,600			1.92	%		8,706			1.69	%
All other loans		1,710			0.33	%		2,245			0.45	%
Gross loans		501,194			100.00	%		514,478			100.00	%
Less allowance for loan losses		(16,803	)					(21,542	)
Less unearned income on loans		(138	)					(202	)
Non-covered loans, net of unearned income	$	484,253					$	492,734

Due to declining loan balances and lower cash and cash equivalents, the Company’s securities portfolio increased $4.1 million, or 1.3%, during the first six months of 2011 to equal $311.6 million. The Company had Federal funds sold of $0 at June 30, 2011 versus $2.0 million at December 31, 2010. During the second quarter of 2011 the Company decreased holdings, through sales activity, in U.S. Treasury and U.S. Government agencies, realized gains of $176,000, and reinvested in agency mortgage backed securities. The primary reinvestment choice was GNMA mortgage backed securities, which are higher yielding, but carry the same zero percent risk weighting as U.S. Treasury and U.S. Government agencies for regulatory capital purposes. The Company does not hold private label mortgage backed securities.

The following table shows the composition of the Company’s securities portfolio, excluding equity securities, on a linked quarter basis.

SECURITIES PORTFOLIO (Dollars in thousands)	June 30, 2011				March 31, 2011
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Securities Available for Sale
U.S. Treasury issue and other
U.S. Government agencies	$	9,820	$	10,018	$	78,933	$	77,731
State, county and municipal		48,748		50,308		49,698		49,657
Corporate and other bonds		5,067		5,075		5,076		5,094
Mortgage backed securities		165,163		166,877		79,971		80,865
Total securities available for sale	$	228,798	$	232,278	$	213,678	$	213,347

Securities Held to Maturity	June 30, 2011				March 31, 2011
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
State, county and municipal		12,181		13,097		13,063		13,808
Mortgage backed securities		60,207		63,592		64,730		68,049
Total securities held to maturity	$	72,388	$	76,689	$	77,793	$	81,857

Total deposits at June 30, 2011 were $910.5 million, a decrease of $51.3 million from December 31, 2010. Time deposits declined $55.5 million during the first six months of 2011 as management kept rates low among all regions as loan demand remained weak and covered loans continued to decline in volume. The Company is attempting to restructure the deposit mix away from higher priced time deposits and more into lower cost transactional accounts. The most notable change was the increase in NOW accounts, which increased $5.0 million, or 4.7%, from $106.2 million at December 31, 2010 to $111.2 million at June 30, 2011. Additionally, savings accounts increased $3.4 million, or 5.4%, during the first six months of 2011. The Company’s total loan-to-deposit ratio was 66.5% at June 30, 2011 compared to 66.7% at December 31, 2010.

The following table details the change in the mix of interest bearing deposits from December 31, 2010 to June 30, 2011.

INTEREST BEARING DEPOSITS

(Dollars in thousands)

	June 30, 2011		March 31, 2011		December 31, 2010
NOW	$	111,268	$	105,870	$	106,248
MMDA		121,210		127,284		127,594
Savings		67,564		66,733		64,121
Time deposits less than $100,000		332,895		346,018		367,333
Time deposits $100,000 and over		213,043		219,508		234,070
Total interest bearing deposits	$	845,980	$	865,413	$	899,366

The Company had Federal Home Loan Bank (FHLB) advances of $37.0 million at each of June 30, 2011 and December 31, 2010.

Stockholders’ equity at June 30, 2011 was $109.1 million, or 10.2% of total assets, and increased from stockholders’ equity of $107.1 million, or 9.6% of total assets, at December 31, 2010. Stockholders’ equity was $109.1 million, or 9.1% of total assets, at June 30, 2010.

Since June 30, 2010, the Company, through its balance sheet management strategy, has increased its common tangible equity to common tangible asset ratio from 6.43% at June 30, 2010 to 7.47% at June 30, 2011. Additionally, the common tangible book value increased from $3.50 at June 30, 2010 to $3.57 at June 30, 2011. See the “Non-GAAP Financial Measures” table for additional information.

Asset Quality – non-covered assets

Nonaccrual loans were $37.7 million at June 30, 2011 compared with $42.0 million at March 31, 2011. Total nonperforming assets increased $486,000 from March 31, 2010 to $50.1 million at June 30, 2011. Total charge-offs for the second quarter of 2011 were $4.8 million and recoveries were $86,000. For the second quarter of 2010, total charge-offs were $2.0 million and recoveries were $614,000. Non-covered other real estate owned increased $5.1 million, from $7.3 million at March 31, 2011 to $12.4 million at June 30, 2011.

For the six months ended June 30, 2011, net charge-offs were $10.2 million compared to $4.8 million for the same period in 2010. Total charge-offs were $10.5 million for the first six months of 2011 and $5.5 million for the same period in 2010. Recoveries for the six month comparison period were $221,000 in 2011 and $687,000 in 2010. Management’s aggressive strategy to work non-performing loans and other real estate owned is evidenced in the volume of charge-offs as well as the level of the loan loss reserve.

Despite the level of charge-offs noted above and the increase in other real estate owned, the Company continues to report a loan loss reserve at 3.35% of non-covered loans. Likewise, the allowance for loan losses equaled 44.5% of nonaccrual loans at June 30, 2011.

The following table sets forth selected asset quality data, excluding FDIC covered assets, and ratios for the dates indicated:

ASSET QUALITY (NON-COVERED)
(Dollars in thousands)	2011						2010
	Second			First			Fourth			Third			Second
	Quarter			Quarter			Quarter			Quarter			Quarter

Nonaccruing loans	$	37,736		$	42,029		$	36,532		$	43,298		$	41,690
Loans past due over 90 days and accruing interest		-			282			389			35			-
Total nonperforming non-covered loans	$	37,736		$	42,311		$	36,921		$	43,333		$	41,690
Other real estate owned non-covered		12,393			7,332			5,928			4,320			4,333
Total nonperforming non-covered assets	$	50,129		$	49,643		$	42,849		$	47,653		$	46,023

Allowance for loan losses	$	16,803		$	21,542		$	25,543		$	34,353		$	38,785
Average loans during quarter, net of
unearned income	$	506,752		$	517,805		$	539,503		$	557,324		$	575,457
Loans, net of unearned income	$	501,056		$	514,276		$	525,548		$	547,509		$	562,539

Allowance for loan losses to loans		3.35	%		4.19	%		4.86	%		6.27	%		6.89	%
Allowance for loan losses to
nonperforming assets		33.52	%		43.39	%		59.61	%		72.09	%		84.27	%
Allowance for loan losses to nonaccrual
loans		44.53	%		51.26	%		69.92	%		79.34	%		93.03	%
Nonperforming assets to loans and other
real estate		9.76	%		9.52	%		8.06	%		8.64	%		8.12	%
Net charge-offs for quarter to average
loans, annualized		3.74	%		4.25	%		6.47	%		3.98	%		0.98	%

A further breakout of nonaccrual loans, excluding covered loans, at June 30, 2011 and March 31, 2011 is below:

NON-COVERED NONACCRUAL LOANS

(Dollars in thousands)

	June 30, 2011					March 31, 2011
	Amount of Nonaccrual Loans		% of Non-covered Loans			Amount of Nonaccrual Loans		% of Non-covered Loans
Mortgage loans on real estate:
Residential 1-4 family	$	7,041		1.41	%	$	8,421		6.32	%
Commercial		8,352		1.67	%		8,589		4.27	%
Construction and land development		20,700		4.13	%		22,804		23.93	%
Second mortgages		199		0.04	%		289		3.43	%
Multifamily		—		—			—		—
Agriculture		53		0.01	%		53		1.75	%
Total real estate loans		36,345		7.26	%		40,156		8.80	%
Commercial loans		1,330		0.27	%		1,734		3.68	%
Consumer installment loans		61		0.01	%		139		1.60	%
All other loans		-		—			-		—
Gross loans	$	37,736		7.54	%	$	42,029		8.17	%

Capital Requirements

Total Stockholders’ equity was $109.1 million at June 30, 2011. The Company’s ratio of total risk-based capital was 16.4% at June 30, 2011 compared to 15.6% at December 31, 2010. The tier 1 risk-based capital ratio was 15.3% at June 30, 2011 and 14.4% at December 31, 2010. The Company’s tier 1 leverage ratio was 8.9% at June 30, 2011 and 8.1% at December 31, 2010. All capital ratios exceed regulatory minimums.

The Company will defer the August 2011 payment of its regular quarterly cash dividend with respect to its Fixed Rate Cumulative Perpetual Preferred Stock, Series A, which the Company issued to the United States Department of Treasury in connection with the Company’s participation in the Treasury’s TARP Capital Purchase Program in December 2008. The Company had previously deferred four payments. The Company has also deferred, beginning in September 2010, the interest payments that it makes with respect to trust preferred subordinated debt.

About Community Bankers Trust Corporation

The Company is the holding company for Essex Bank, a Virginia state bank with 24 full-service offices, 13 of which are in Virginia, seven of which are in Maryland and four of which are in Georgia. The Company also operates one loan production office. Additional information is available on the Company’s website at www.cbtrustcorp.com.

Earnings Conference Call and Webcast

The Company will host a conference call for the financial community on Friday, July 29, 2011, at 11:00 a.m. Eastern Time to discuss the second quarter 2011 financial results. The public is invited to listen to this conference call by dialing 800-860-2442 at least 10 minutes prior to the call. Interested parties may also listen to this conference call through the internet by accessing the “Investor Information” page of the Company’s internet site at www.cbtrustcorp.com.

A replay of the conference call will be available from 2:00 p.m. Eastern Time on July 29, 2011 until 9:00 a.m. Eastern Time on August 6, 2011. The replay will be available by dialing 877-344-7529 and entering access code 450672 or through the internet by accessing the “Investor Information” page of the Company’s internet site at www.cbtrustcorp.com.

Forward-Looking Statements

This release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties. These forward-looking statements include, without limitation, statements with respect to the Company’s operations, growth strategy and goals. Actual results may differ materially from those included in the forward-looking statements due to a number of factors, including, without limitation, the effects of and changes in the following: the quality or composition of the Company’s loan or investment portfolios, including collateral values and the repayment abilities of borrowers and issuers; assumptions that underlie the Company’s allowance for loan losses; general economic and market conditions, either nationally or in the Company’s market areas; the ability of the Company to comply with regulatory actions, and the costs associated with doing so; the interest rate environment; competitive pressures among banks and financial institutions or from companies outside the banking industry; real estate values; the demand for deposit, loan, and investment products and other financial services; the demand, development and acceptance of new products and services; the Company’s compliance with, and the timing of future reimbursements from the FDIC to the Company under, the shared loss agreements; assumptions and estimates that underlie the accounting for loan pools under the shared loss agreements; consumer profiles and spending and savings habits; the securities and credit markets; costs associated with the integration of banking and other internal operations; management’s evaluation of goodwill and other assets on a periodic basis, and any resulting impairment charges, under applicable accounting standards; the soundness of other financial institutions with which the Company does business; inflation; technology; and legislative and regulatory requirements. Many of these factors and additional risks and uncertainties are described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010 and other reports filed from time to time by the Company with the Securities and Exchange Commission. This press release speaks only as of its date, and the Company disclaims any duty to update the information in it.

Contact: Bruce E. Thomas

Executive Vice President/Chief Financial Officer

Community Bankers Trust Corporation

804-443-4343

Consolidated Statements of Financial Condition

Unaudited Condensed

(Dollars in thousands)

	June 30, 2011			December 31, 2010			June 30, 2010

Assets
Cash and due from banks	$	11,065		$	8,604		$	18,544
Interest bearing bank deposits		7,408			22,777			10,871
Federal funds sold		-			2,000			16,729
Total cash and cash equivalents		18,473			33,381			46,144

Securities available for sale, at fair value		232,278			215,560			213,925
Securities held to maturity		72,388			84,771			98,070
Equity securities, restricted, at cost		6,965			7,170			8,331
Total securities		311,631			307,501			320,326

Loans held for resale		83			-			-
Loans		501,056			525,548			562,539
Covered FDIC loans		104,314			115,537			132,960
Allowance for loan losses (non-covered)		(16,803	)		(25,543	)		(38,785	)
Allowance for loan losses (covered)		(829	)		(829	)		(829	)
Net loans		587,738			614,713			655,885

Bank premises and equipment		35,017			35,587			36,344
Other real estate owned		12,393			5,928			4,333
Covered FDIC other real estate owned		8,674			9,889			8,755
Covered FDIC receivable		1,570			7,250			15,595
Bank owned life insurance		6,961			6,829			6,689
Core deposit intangibles, net		13,689			14,819			15,949
FDIC indemnification asset		51,127			58,369			70,662
Other assets		18,127			21,328			23,212
Total assets	$	1,065,483		$	1,115,594		$	1,203,894

Liabilities
Deposits:
Demand:
Noninterest bearing		64,495			62,359			67,223
Interest bearing		845,980			899,366			977,264
Total deposits		910,475			961,725			1,044,487

Federal funds purchased		-			-			-
Federal Home Loan Bank advances		37,000			37,000			37,000
Trust preferred capital notes		4,124			4,124			4,124

Other liabilities		4,806			5,618			9,175
Total liabilities		956,405			1,008,467			1,094,786

Stockholders' Equity
Preferred stock (5,000,000 shares authorized $0.01 par value) 17,680 shares issued and outstanding		17,680			17,680			17,680
Discount on preferred stock		(556	)		(660	)		(757	)
Warrants on preferred stock		1,037			1,037			1,037
Common stock (50,000,000 shares authorized $0.01 par value) issued and outstanding of 21,627,549 shares, 21,468,455 shares, and 21,468,455 shares, respectively		216			215			215
Additional paid in capital		144,181			143,999			143,999
(Accumulated deficit) retained earnings		(55,776	)		(54,999	)		(55,797	)
Accumulated other comprehensive income (loss)		2,296			(145	)		2,731
Total stockholders' equity		109,078			107,127			109,108
Total liabilities and stockholders' equity	$	1,065,483		$	1,115,594		$	1,203,894

Consolidated Statements of Operations

Unaudited Condensed

(Dollars in thousands)

	2011									2010
				Second			First						Second			First
	YTD			Quarter			Quarter			YTD			Quarter			Quarter
Interest and dividend income
Interest and fees on loans	$	14,562		$	7,328		$	7,234		$	17,201		$	8,478		$	8,723
Interest and fees on FDIC covered loans		8,658			4,838			3,820			6,979			3,386			3,593
Interest on federal funds sold		4			2			2			4			3			1
Interest on deposits in other banks		24			10			14			54			24			30
Taxable		3,997			2,085			1,912			4,167			2,162			2,005
Nontaxable		641			229			412			1,774			880			894
Total interest income		27,886			14,492			13,394			30,179			14,933			15,246
Interest expense
Interest on deposits		5,690			2,711			2,979			9,343			4,486			4,857
Interest on federal funds purchased		1			1			-			1			1			-
Interest on other borrowed funds		699			367			332			664			333			331
Total interest expense		6,390			3,079			3,311			10,008			4,820			5,188

Net interest income		21,496			11,413			10,083			20,171			10,113			10,058

Provision for loan losses		1,498			-			1,498			26,324			21,282			5,042
Net interest income after provision for loan losses		19,998			11,413			8,585			(6,153	)		(11,169	)		5,016
Noninterest income
Loss on sale of OREO		(861	)		(249	)		(612	)		(3,559	)		(1,182	)		(2,377	)
FDIC indemnification asset amortization		(5,402	)		(2,657	)		(2,745	)		(739	)		(362	)		(377	)
Gain/(loss) on sale of securities		837			176			661			(98	)		(452	)		354
Service charges on deposit accounts		1,213			637			576			1,187			622			565
Other		1,376			662			714			3,509			1,259			2,250
Total noninterest income		(2,837	)		(1,431	)		(1,406	)		300			(115	)		415
Noninterest expense
Salaries and employee benefits		8,375			4,171			4,204			9,936			4,805			5,131
Occupancy expenses		1,547			733			814			1,452			713			739
Equipment expenses		650			320			330			775			363			412
Legal fees		140			35			105			142			96			46
Professional fees		389			198			191			1,077			743			334
FDIC assessment		1,633			761			872			1,218			613			605
Data processing fees		928			476			452			1,078			572			506
Amortization of intangibles		1,130			565			565			1,131			566			565
Impairment of goodwill		-			-			-			5,727			5,727			-
Other operating expenses		3,753			2,075			1,678			3,499			1,977			1,522

Total noninterest expense		18,545			9,334			9,211			26,035			16,175			9,860

Net (loss)/income before income taxes		(1,384	)		648			(2,032	)		(31,888	)		(27,459	)		(4,429	)
Income tax benefit (expense)		711			(127	)		838			9,508			7,843			1,665

Net (loss)/income	$	(673	)	$	521		$	(1,194	)	$	(22,380	)	$	(19,616	)	$	(2,764	)
Dividends accrued on preferred stock		-			-			-			442			221			221
Accretion of discount on preferred stock		104			53			51			97			49			48
Preferred dividends not paid		442			221			221			-			-			-
Net (loss)/income available to common stockholders	$	(1,219	)	$	247		$	(1,466	)	$	(22,919	)	$	(19,886	)	$	(3,033	)

Income Statement Trend Analysis

Unaudited Condensed

(Dollars in thousands)

	2011						2010
	Second			First			Fourth			Third			Second
	Quarter			Quarter			Quarter			Quarter			Quarter
Interest and dividend income
Interest and fees on loans	$	7,328		$	7,234		$	8,008		$	8,235		$	8,478
Interest and fees on FDIC covered loans		4,838			3,820			3,088			3,692			3,386
Interest on federal funds sold		2			2			4			1			3
Interest on deposits in other banks		10			14			27			19			24
Taxable		2,085			1,912			1,979			2,340			2,162
Nontaxable		229			412			488			866			880
Total interest income		14,492			13,394			13,594			15,153			14,933
Interest expense
Interest on deposits		2,711			2,979			3,557			4,141			4,486
Interest on federal funds purchased		1			-			1			1			1
Interest on other borrowed funds		367			332			339			342			333
Total interest expense		3,079			3,311			3,897			4,484			4,820

Net interest income		11,413			10,083			9,697			10,669			10,113

Provision for loan losses		-			1,498			(77	)		1,116			21,282
Net interest income after provision for loan losses		11,413			8,585			9,774			9,553			(11,169	)
Noninterest income
Loss on sale of OREO		(249	)		(612	)		(723	)		(770	)		(1,182	)
FDIC indemnification asset amortization		(2,657	)		(2,745	)		(1,174	)		(1,252	)		(362	)
Gains/(loss) on sale of securities		176			661			3,982			(296	)		(452	)
Service charges on deposit accounts		637			576			618			659			622
Other		662			714			168			132			1,259
Total noninterest income		(1,431	)		(1,406	)		2,871			(1,527	)		(115	)
Noninterest expense
Salaries and employee benefits		4,171			4,204			3,999			5,255			4,805
Occupancy expenses		733			814			722			774			713
Equipment expenses		320			330			297			322			363
Legal fees		35			105			197			117			96
Professional fees		198			191			300			425			743
FDIC assessment		761			872			598			579			613
Data processing fees		476			452			493			735			572
Amortization of intangibles		565			565			565			565			566
Impairment of goodwill		-			-			-			-			5,727
Other operating expenses		2,075			1,678			1,660			1,615			1,977

Total noninterest expense		9,334			9,211			8,831			10,387			16,175

Net income/(loss) before income taxes		648			(2,032	)		3,814			(2,361	)		(27,459	)
Income tax (expense) benefit		(127	)		838			(1,128	)		1,062			7,843

Net income/(loss)	$	521		$	(1,194	)	$	2,686		$	(1,299	)	$	(19,616	)
Dividends accrued on preferred stock		-			-			-			-			221
Accretion of discount on preferred stock		53			51			49			48			49
Preferred dividends not paid		221			221			221			221			-
Net income/(loss) available to common stockholders	$	247		$	(1,466	)	$	2,416		$	(1,568	)	$	(19,886	)

Net Interest Margin Analysis

Average Balance Sheet

(Dollars in thousands)

	Three months ended June 30, 2011								Three months ended June 30, 2010
						Average								Average
	Average			Interest		Rates			Average			Interest		Rates
	Balance			Income/		Earned/			Balance			Income/		Earned/
	Sheet			Expense		Paid			Sheet			Expense		Paid
ASSETS:
Loans non-covered, including fees	$	506,752		$	7,328		5.78	%	$	575,457		$	8,478		5.89	%
FDIC covered loans, including fees		105,842			4,838		18.28	%		138,675			3,386		9.76	%
Total loans		612,594			12,166		7.94	%		714,132			11,864		6.65	%
Interest bearing bank balances		12,222			10		0.33	%		16,885			24		0.56	%
Federal funds sold		5,827			2		0.13	%		6,521			3		0.18	%
Investments (taxable)		266,929			2,085		3.12	%		217,695			2,162		3.97	%
Investments (tax exempt)		23,517			347		5.90	%		91,206			1,333		5.84	%
Total earning assets		921,089			14,610		6.34	%		1,046,439			15,386		5.88	%
Allowance for loan losses		(20,440	)							(23,358	)
Non-earning assets		171,930								196,591
Total assets	$	1,072,579							$	1,219,672

LIABILITIES AND
STOCKHOLDERS' EQUITY
Demand - interest bearing	$	236,189		$	347		0.59	%	$	227,433		$	393		0.69	%
Savings		66,661			88		0.53	%		62,386			87		0.56	%
Time deposits		552,425			2,276		1.65	%		691,278			4,006		2.32	%
Total deposits		855,275			2,711		1.27	%		981,097			4,486		1.83	%
Fed funds purchased		571			1		0.64	%		106			1		0.53	%
FHLB and other borrowings		41,124			367		3.57	%		41,124			333		3.25	%
Total interest bearing liabilities		896,970			3,079		1.37	%		1,022,327			4,820		1.89	%
Non-interest bearing deposits		58,008								64,070
Other liabilities		10,888								6,646
Total liabilities		965,866								1,093,043
Stockholders' equity		106,713								126,629
Total liabilities and
stockholders' equity	$	1,072,579							$	1,219,672
Net interest earnings				$	11,531							$	10,566
Interest spread							4.97	%							3.99	%
Net interest margin							5.01	%							4.04	%

(1) Income and yields are reported on a tax equivalent basis assuming a federal tax rate of 34%.

Net Interest Margin Analysis

Average Balance Sheet

(Dollars in thousands)

	Six months ended June 30, 2011								Six months ended June 30, 2010
						Average								Average
	Average			Interest		Rates			Average			Interest		Rates
	Balance			Income/		Earned/			Balance			Income/		Earned/
	Sheet			Expense		Paid			Sheet			Expense		Paid
ASSETS:
Loans non-covered, including fees	$	512,203		$	14,562		5.69	%	$	576,579		$	17,201		5.97	%
FDIC covered loans, including fees		109,134			8,658		15.87	%		142,546			6,979		9.79	%
Total loans		621,337			23,220		7.47	%		719,125			24,180		6.72	%
Interest bearing bank balances		13,445			24		0.36	%		19,744			54		0.54	%
Federal funds sold		5,222			4		0.16	%		4,121			4		0.19	%
Investments (taxable)		265,939			3,997		3.01	%		209,353			4,167		3.98	%
Investments (tax exempt)		33,639			971		5.77	%		91,777			2,689		5.86	%
Total earning assets		939,582			28,216		6.01	%		1,044,120			31,094		5.96	%
Allowance for loan losses		(22,667	)							(21,015	)
Non-earning assets		166,660								201,722
Total assets	$	1,083,575							$	1,224,827

LIABILITIES AND
STOCKHOLDERS' EQUITY
Demand - interest bearing	$	234,346		$	693		0.59	%	$	219,682		$	793		0.72	%
Savings		65,814			173		0.52	%		61,368			180		0.59	%
Time deposits		566,390			4,824		1.70	%		698,428			8,370		2.40	%
Total deposits		866,550			5,690		1.31	%		979,478			9,343		1.91	%
Fed funds purchased		357			1		0.63	%		320			1		0.21	%
FHLB and other borrowings		41,124			699		3.40	%		41,124			664		3.23	%
Total interest bearing liabilities		908,031			6,390		1.41	%		1,020,922			10,008		1.96	%
Non-interest bearing deposits		62,870								62,420
Other liabilities		5,240								11,358
Total liabilities		976,141								1,094,700
Stockholders' equity		107,434								130,127
Total liabilities and
stockholders' equity	$	1,083,575							$	1,224,827
Net interest earnings				$	21,826							$	21,086
Interest spread							4.60	%							4.00	%
Net interest margin							4.65	%							4.04	%

(1) Income and yields are reported on a tax equivalent basis assuming a federal tax rate of 34%.

Non-GAAP Financial Measures

The information below presents certain financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America (GAAP). Common tangible book value equals total stockholders’ equity less preferred stock, goodwill and identifiable intangible assets, and common tangible book value per share is computed by dividing common tangible book value by the number of common shares outstanding. Common tangible assets equal total assets less preferred stock, goodwill and identifiable intangible assets.

Management believes that common tangible book value and the ratio of common tangible book value to common tangible assets are meaningful because they are some of the measures that the Company and investors use to assess capital adequacy. Management believes that presenting the change in common tangible book value per share, the change in stock price to common tangible book value per share, and the change in the ratio of common tangible book value to common tangible assets provide meaningful period-to-period comparisons of these measures.

These measures are a supplement to GAAP used to prepare the Company’s financial statements and should not be viewed as a substitute for GAAP measures. In addition, the Company’s non-GAAP measures may not be comparable to non-GAAP measures of other companies. The following table reconcile these non-GAAP measures from their respective GAAP basis measures.

	6/30/2011			12/31/2010			6/30/2010
Common Tangible Book Value
Total Stockholder's Equity		109,078,000			107,127,000			109,108,000
Preferred Stock		18,161,000			18,057,000			17,960,000
Goodwill		-			-			-
Core deposit intangible		13,688,000			14,819,000			15,949,000
Common Tangible Book Value		77,229,000			74,251,000			75,199,000
Shares Outstanding		21,627,549			21,468,455			21,468,455
Common Tangible Book Value Per Share	$	3.57		$	3.46		$	3.50


Stock Price	$	1.35		$	1.05		$	2.24

Price/Common Tangible Book		37.8	%		30.4	%		64.0	%

Common Tangible Book/Common Tangible Assets
Total Assets		1,065,483,000			1,115,594,000			1,203,894,000
Preferred Stock (net)		18,161,000			18,057,000			17,960,000
Goodwill		-			-			-
Core deposit intangible		13,688,000			14,819,000			15,949,000
Common Tangible Assets		1,033,634,000			1,082,718,000			1,169,985,000
Common Tangible Book	$	77,229,000		$	74,251,000		$	75,199,000
Common Tangible Equity to Assets		7.47	%		6.86	%		6.43	%

Attached files

Community Bankers Trust Corp Reports

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