<SEC-DOCUMENT>0001000232-13-000003.txt : 20130221
<SEC-HEADER>0001000232-13-000003.hdr.sgml : 20130221
<ACCEPTANCE-DATETIME>20130221082310
ACCESSION NUMBER:		0001000232-13-000003
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20130221
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130221
DATE AS OF CHANGE:		20130221

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KENTUCKY BANCSHARES INC /KY/
		CENTRAL INDEX KEY:			0001000232
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				610993464
		STATE OF INCORPORATION:			KY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-52598
		FILM NUMBER:		13628885

	BUSINESS ADDRESS:	
		STREET 1:		4TH & MAIN ST
		STREET 2:		P O BOX 157
		CITY:			PARIS
		STATE:			KY
		ZIP:			40362-0157
		BUSINESS PHONE:		859-987-1795

	MAIL ADDRESS:	
		STREET 1:		4TH & MAIN ST
		STREET 2:		PO BOX 157
		CITY:			PARIS
		STATE:			KY
		ZIP:			40362-0157

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOURBON BANCSHARES INC /KY/
		DATE OF NAME CHANGE:	19950907
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k22113.txt
<DESCRIPTION>FORM 8K
<TEXT>
UNITED STATES

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): February 21, 2013



                       KENTUCKY BANCSHARES, INC.
          (Exact Name of Registrant as specified in Charter)


   Kentucky                   33-96358              61-0993464
 (State or other            (Commission            (IRS Employer
  jurisdiction of           File Number)        Identification No.)
  incorporation)


P.O. Box 157, Paris, Kentucky                          40362-0157
(Address of principal executive offices)               (Zip code)


(859)987-1795
(Registrant's telephone number, including area code)

N/A
(Former name or former address, if changed since last report.)


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 14a-12 under the Exchange 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))
INFORMATION TO BE INCLUDED IN THE REPORT

  Item 8.01. Other Events

      On February 21, 2013 the Registrant announced the quarterly cash
dividend to shareholders.  The dividend will be 24 cents per share, an
increase from 23 cents per share for the previous quarter.  This
payment will be made March 29, 2013, to shareholders of record March
20, 2013.


  Item 9.01.  Financial Statements and Exhibits

       Exhibit 99.1 - Press release dated February 21, 2013, announcing
the dividend for the first quarter of 2013.


SIGNATURE

       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.

                                           KENTUCKY BANCSHARES, INC.



Date: February 21, 2013              By      /s/ Gregory J. Dawson___
                                                    Gregory J. Dawson
                                                    Chief Financial Officer





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>form8k22013ex99.1.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
Exhibit 99.1

February 21, 2013

Press Release

Kentucky Bank Parent Announces Dividend

Paris, Kentucky - Kentucky Bancshares, Inc., parent holding company for
Kentucky Bank, announced today the quarterly dividend to shareholders.
The payout will be 24 cents per share, up from 23 cents for the
previous quarter.  This payment will be made March 29 to shareholders
of record March 20, 2013.

With our reaching both record earnings and record assets for the year
ended December 31st, 2012, our Board of Directors is pleased to be able
to reward our shareholders appropriately for their confidence in
Kentucky Bancshares, Inc., states Louis Prichard, President and Chief
Executive Officer.

Kentucky Bank is headquartered in Paris and also has offices in
Cynthiana, Georgetown, Morehead, Nicholasville, Sandy Hook, Versailles,
Wilmore, and Winchester.  It ranks 16th in size among the 174 banks
headquartered in the Commonwealth of Kentucky.  Shares of the parent
holding company trade over the counter and are reported on the OTC
Bulletin Board.  The symbol is KTYB.

Contact:  Gregory J. Dawson
          Chief Financial Officer

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>