Exhibit 23.1
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                        CONSENT OF INDEPENDENT AUDITORS
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We consent to the reference to our firm under the caption "Experts" in the
Registration Statement on Form S-3 and related Prospectus of Community Trust
Bancorp, Inc.  CTBI Preferred Capital Trust for the registration of 1,200,000
shares of Trust Preferred Securities and to the incorporation by reference
therein of our report dated January 13, 1997, with respect to the consolidated
financial statements of Community Trust Bancorp, Inc. included in the Community
Trust Bancorp, Inc. Annual Report on Form 10-K for the year ended December 31,
1996, filed with the Securities and Exchange Commission.

                                        ERNST & YOUNG LLP
                                        /s/ Ernst & Young LLP

March 21, 1997