Kentucky Bancshares, Inc., parent company of Kentucky Bank, reported an increase of $356,000, a 28 percent increase, in earnings for the first quarter of 2012 compared to the same period in 2011. Earnings are $1,618,000, or fully diluted 2012 earnings per share of $0.60, compared to $1,262,000, or fully diluted earnings per share of $0.46 for the same period of 2011.
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