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State Coverage: Kentucky

S.Y. Bancorp’s Earnings Benefit from Tax Adjustments

American Banker | Jan 25

S.Y. Bancorp Inc. in Louisville, Ky., reported Wednesday that its fourth-quarter profits climbed 5% from a year earlier, to $6.3 million, because of tax adjustments.

Stock Yards Bank in Kentucky Plans Indianapolis Expansion

American Banker | Dec 15

S.Y. Bancorp Inc. in Louisville, Ky., is looking to expand in the Indianapolis market.

River Valley to Buy a Fellow Indiana Bank, Switch Charters

American Banker | Dec 05

Under a deal excepted to close in the second quarter, River Valley Bancorp in Madison, Ind., would pay $6.3 million in cash for all the common stock of the $82 million-asset Dupont State Bank.

Board of Porter Bancorp (Kentucky) Finishes Probe, Imposes Reforms

American Banker | Nov 11

Sometimes a quarterly report includes a noteworthy item that happened after the quarter ended. Porter Bancorp Inc. in Louisville, Ky., had three of them.

Loan Growth, Branch Sale Boost Profits at Republic of Kentucky

American Banker | Oct 18

Republic Bancorp Inc. in Louisville, Ky., reported on Tuesday that it earned $7.9 million in the third quarter, an 8% increase from the same quarter last year. Its diluted earning per share rose 9%, to 38 cents.

Fed Takes Action Against Five Banks

American Banker | Sep 01

The Federal Reserve on Thursday announced two written agreements and three civil money penalties.

Loan Sale, Goodwill Charge Spell $39M Loss for Porter Bancorp

American Banker | Jul 29

Porter Bancorp in Lousville, Ky., reported a loss of $39M in the second quarter after it wrote off scores of problem loans and took a hefty impairment charge.

Community Trust Rides Income Lift in 2Q

American Banker | Jul 20

Community Trust Bancorp in Pikeville, Ky., said Wednesday that second-quarter earnings rose 4.9% from a year earlier, to $9 million, on higher net interest and noninterest income.

Small Bank to Sell Loans and Sole Branch to Bank of Kentucky

American Banker | Jul 01

The Bank of Kentucky Corp. in Crestview Hills announced Friday a deal to acquire the operations of United Kentucky Bank of Pendleton County.

Porter Bancorp Feeling Pain of Weak Recovery Leads to Credit Woes

American Banker | Jun 21

Porter Bancorp Inc. was able to avoid trouble during the darkest days of the recession, only to show up on its regulator's radar screen as many other banks are recovering.

Credit Union to Use VSoft Item Capture

American Banker | Jun 21

VSoft Corp. in Atlanta said Tuesday that Park Community Credit Union would use its technology for item capture in its branches.

Consent Order Imminent, PBI Bank Warns

American Banker | Jun 20

PBI Bank in Louisville, Ky., has announced that it expects to enter into a consent agreement with state and federal regulators that will require it reduce its loan concentrations.

Republic Stands By Tax Refund Loans

American Banker | Jun 14

Republic Bancorp in Louisville, Ky., plans to continue making tax refund loans despite pressure from the FDIC, the company's chief executive said last week.

Republic to Sell Branch to Citizens First

American Banker | Jun 02

Republic Bancorp Inc. in Louisville is exiting the Bowling Green, Ky., market and selling its branch there to a local rival.

BancorpSouth Identifies Cities Slated for Branch Closures

American Banker | May 18

The $13.5 billion-asset company said this week that it will shutter nine branches in Arkansas, eight in Mississippi three in Tennessee, and one each in Texas, Alabama and Missouri.

Survey

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
Yes. Facebook Credits threatens to cut off banks from transactions and customer data.
No. A system the enables users to pay for online games and page upgrades is a harmless niche.
Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.
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