KENTUCKY BANCSHARES, INC. (OTCMKTS:KTYB) Files An 8-K Other Events

ME Staff 8-k
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KENTUCKY BANCSHARES, INC. (OTCMKTS:KTYB) Files An 8-K Other Events
Item 8.01 – Other Events

On March 2, 2017 the Registrant announced the quarterly cash dividend to shareholders.  The dividend will be 29 cents per share, an increase from 27 cents per share for the previous quarter.  This payment will be made March 31, 2017, to shareholders of record March 15, 2017.

Item 9.01 – Financial Statements and Exhibits

Exhibit 99.1 – Press release dated March 2, 2017, announcing the dividend for the first quarter of 2017.

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Forward-Looking Statements

Except for historical information contained herein, the discussion in this Report may include certain forward looking statements based upon management expectations.  Actual results and experience could differ materially from the anticipated results or other expectations expressed in the forward-looking statements.  Factors which could cause future results to differ from these expectations include the following:  change in economic conditions in the markets we serve; changes in laws or regulatory enforcement; monetary and fiscal policies of the federal government; changes in  interest rates; demand for financial services; the impact of our continuing growth strategy; and other factors, including various “risk factors” set forth in our most recent annual report on Form 10-K and in other reports we file from time to time with the Securities and Exchange Commission.  Our annual report on Form 10-K and these other reports are available publicly on the SEC website, www.sec.gov, and on the Company’s website, www.kybank.com.

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About KENTUCKY BANCSHARES, INC. (OTCMKTS:KTYB)

Kentucky Bancshares Inc. is a bank holding company. The Company conducts its business in the Commonwealth of Kentucky through its banking subsidiary, Kentucky Bank (the Bank), and its non-bank subsidiary, KBI Insurance Company. It operates through the banking segment. The Bank is a commercial bank and trust company. The Bank is engaged in general full-service commercial and consumer banking. KBI Insurance Company is a captive insurance subsidiary. Kentucky Bank offers its customers a range of other services, including checking, savings, money market accounts, certificates of deposits, safe deposit facilities, credit cards and other consumer-oriented financial services. The Bank offers Internet banking, including bill payment, available to its customers at www.kybank.com. Through its Wealth Management Department, Kentucky Bank provides brokerage services, annuities, life and long-term care insurance, personal trust and agency services (including management agency services).

KENTUCKY BANCSHARES, INC. (OTCMKTS:KTYB) Recent Trading Information

KENTUCKY BANCSHARES, INC. (OTCMKTS:KTYB) closed its last trading session down -0.20 at 35.50 with 100 shares trading hands.